Teamsters JC 40
Teamsters Joint Council Number 40 - Mars, PA
910 Sheraton Drive
Suite 210
Mars, PA 16046
Phone (724) 776-5144
Toll Free 1-866-400-JC40
Fax (724) 776-0437
www.teamstersjc40.com

email:  ibtjc40@consolidated.net

Affiliated with the International Brotherhood of Teamsters

Current News: TEAMSTERS JOINT COUNCIL NO. 40

 

    

 

 

 

OFFICIAL UPDATE ON BENEFIT REDUCTION ALTERNATIVES

(Please Disregard Rumors You May Have Heard)

October 13, 2017

In April, 2017, the Pension Fund issued notices advising participants that it was classified as being in Critical and Declining Status and projected to go insolvent in 2028 unless a benefit reduction program was developed as permitted under the Multiemployer Pension Reform Act of 2014 (“MPRA”), subject to U.S. Treasury Department approval.  Since that time, the Trustees have watched fund after fund design benefit reduction plans which were denied by Treasury.

The Trustees believe that the Treasury Department’s August, 2017 approval of the New York State Teamsters Pension Fund’s benefit reduction plan was the first clear guidance as to the forecasts and calculations which must be used if a benefit reduction plan is to achieve Treasury Department approval.  In the coming months, the Trustees will be evaluating several equitable benefit reduction alternatives, each of which will need to include calculations which forecast under reasonable and conservative assumptions that as a result of the proposed reductions the Pension Fund will avoid insolvency.

ALTHOUGH THE WESTERN PENNSYLVANA TEAMSTERS AND EMPLOYERS PENSON FUND HAS SOME SIMILARILTY TO THE NEW YORK STATE TEAMSTERS PENSION FUND, THE TRUSTEES OF THIS FUND HAVE NOT MADE ANY DECISION ON THE TYPE OR DISTRIBUTION OF BENEFIT REDUCTIONS THEY WILL BE PROPOSING IN THIS FUND’S UPCOMING MPRA APPLICATION.  PLEASE DO NOT SPREAD RUMORS ABOUT THE TIMING, AMOUNT OR EQUITABLE DISTRIBUTION OF THE PENSON FUND’S PROPOSED BENEFIT REDUCTIONS. 

Despite the hope that federal laws will be enacted to financially assist wide spread problems facing most defined benefit pension funds, we cannot sit back and wait to see whether federal aid is offered.  The Trustees must move forward with the development of a MPRA benefit reduction proposal, giving due consideration to whether their proposal is fair, equitable and reasonably likely to ensure the Pension Fund’s long-term viability.

In April, 2017, the Trustees appointed former Local 205 President and retiree, William Lickert, to serve as a representative of retirees and terminated but vested participants.  While Mr. Lickert is present at all Trustee Meetings and is provided with all reports involving the subject of MPRA benefit reductions, his role is limited by statute to representing the interests of retirees and deferred vested participants.  He is not a Trustee.  Only the Trustees have authority to adopt a MPRA benefit reduction proposal.  When the Trustees submit an application to the Treasury Department, Mr. Lickert will have the opportunity to comment as to whether any reduction plans which may be under consideration by the Trustees are fair and no more than the minimum amount necessary as applied to his constituents.

 

 

 

 

 

 

 

 

 

 

 

 

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"PAYCHECK PROTECTION BILL"

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CLICK HERE TO READ LETTER FROM WILLIAM HAMILTON, PRESIDENT

 

 

 

 

 

 

 

 

Private liquor stores would be bad for Pa.

March 29, 2013 12:06 am

 

Your editorial relative to the privatization of our liquor stores ("Cheers to Change," March 10) is short-sighted and the plan is a loser for the taxpayers and consumers. If I were to offer to employ 4,500 people in decent-paying jobs (not minimum wage jobs) and provide them with health care, retirement benefits, plus rebating to the state more than $500 million per year, of which at least $100 million is pure profit, they would chain me to a chair until I signed. That is exactly what we currently have, yet we are willing to give it away to get a one-shot infusion of money.
In the process, it will eliminate more than 4,500 good-paying jobs and replace them with minimum-wage jobs. The Liquor Control Board is the only state agency that pays for itself, does not receive the big-box discount of 1 percent in sales tax, which the purchasers of the licenses shall receive, and collects sales tax on all sales -- something that routinely does not happen with private enterprise.

As to any argument that privatization will be more convenient to the public, let me assure you not only will that not happen, but it will be far more expensive to the public. Recently, my state representative challenged me to visit a big-box liquor store in Florida. First of all, big-box stores are located about 50 miles apart at the closest point and the price on nine randomly selected liquors and wines versus what we pay in Pennsylvania revealed that, overall, nine purchases in Pennsylvania were cheaper! More importantly, if you buy at the corner store, or what we might call the convenience store, the prices were more than $25 cheaper here in Pennsylvania!

Privatization is a nice reward for those who contributed to the governor and Republican House members. Have you ever wondered why it is that private enterprise will be paying millions of dollars for these licenses? They will make the profit, not the state. And believe me, prices for liquor and wine will go up.

Wake up -- this is nothing but a money grab by those who have the money and want more at our expense. The solution is to continue to modernize and expand our current system and keep the profits for the Pennsylvania taxpayers.

JOSEPH J. PASS
Moon
The writer is an attorney who represents employees and labor organizations in cases involving labor-management relations.


Read more: http://www.post-gazette.com/stories/opinion/letters/private-liquor-stores-would-be-bad-for-pa-681298/#ixzz2PEzL3PR4

 

 

 

11/01/11

 

Made in USA

I'd like to add to this, my husband wanted a new gas grill this summer, we went to Home Depot. Almost all the grills were made in China, except for the Weber Gas Grill, it's made in Chicago, it was also less expensive than the grills made in China.  You can buy made in the U.S.A. and not have to pay higher prices.   

I have been looking at the blenders available on the Internet.  Kitchen Aide is MADE IN the US.  Top of my list already...  I'll be checking more labels!   ONE AT A TIME    yesterday I was in Wal Mart looking for a wastebasket. I found some made in China for $6.99. I didn't want to pay that much so I asked the lady if they had any others. She took me to another department and they had some at 2.50 made in USA. They are just as good. Same as a kitchen rug I needed. I had to look, but I found some made in the USA and they were 3.00 cheaper.  We are being brain washed that everything that comes from China and Mexico is cheaper. Not so. That is also why I don't buy cards at Hallmark anymore. They are made in China and are expensive. I buy them at Dollar Tree....50 cents each and made in USA.
One Light Bulb at a Time

A physics teacher in high school, once told the students that while one grasshopper on the railroad tracks wouldn't slow a train very much, a billion of them would.   With that thought in mind, read the following, obviously written by a good American . . ..


Good idea . . .. one light bulb at a time . .. ..

Check this out.  I can verify this because I was in Lowe’s the other day and just for the heck of it I was looking at the hose attachments... They were all made in China ..
The next day I was in Ace Hardware and just for the heck of it I checked the hose attachments there. They were made in USA. Start looking .....

In our current economic situation, every little thing we buy or do affects someone else - even their job. So, after reading this, I think this lady is on the right track..  Let's get behind her!

My grandson likes Hershey's candy.  I noticed, though, that it is marked made in Mexico now. I do not buy it any more.

My favorite toothpaste Colgate is made in Mexico... now I have switched to Crest.  You have to read the labels on everything....

This past weekend I was at Kroger . . . I needed 60W light bulbs and Bounce dryer sheets.

I was in the light bulb aisle, and right next to the GE brand I normally buy was an off-brand labeled, "Everyday Value." I picked up both types of bulbs and compared the stats ? They were the same except for the price . . ..
The GE bulbs were more money than the Everyday Value brand but the thing that surprised me the most was the fact that GE was made in MEXICO and the Everyday Value brand was made in - get ready for this - the USA in a company in Cleveland , Ohio.

So throw out the myth that you cannot find products you use every day that are made right here...

So on to another aisle - Bounce Dryer Sheets... yep, you guessed it, Bounce cost more money and is made in Canada... The Everyday Value brand was less money and MADE IN THE USA! I did laundry yesterday and the dryer sheets performed just like the Bounce Free I have been using for years and at almost half the price!

My challenge to you is to start reading the labels when you shop for everyday things and see what you can find that is made in the USA - the job you save may be your own or your neighbors!

If you accept the challenge, pass this on to others in your address book so we can all start buying American, one light bulb at a time! Stop buying from overseas companies!

(We should have awakened a decade ago....)

Let's get with the program and help our fellow Americans keep their jobs and create more jobs here in the USA ..

I passed this on .. .. . will you???

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



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