Pelosi Statement on Treasury Decision on Central States Teamsters Pension Plan Fund
Contact: Drew Hammill/Evangeline George, 202-226-7616
Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement after the Treasury Department announced its decision on the Central States Teamsters Pension Plan Fund:
“Protecting retirees and strengthening the economic security of working families is a core priority for House Democrats.
"Although the Treasury Department's decision today protected the Central States Teamsters from proposed cuts to their earned pensions in the short-term, this fund remains in critical status, and until we address the underlying problems, pensions will be at risk – for Central States participants and others.
“A secure retirement is the right of every hard-working American. Congress must come together in a bipartisan, bicameral fashion to strengthen the retirement benefits system in the years to come to ensure the promise of a dignified retirement for all of America’s workers.”
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