Local 710 Pension Fund Union Trustees Demand Arbitration
Management Trustees Deadlock Three Pension Issues
At the request of the Teamsters Local 710 Pension Fund Union Trustees, attorneys at Willig, Williams and Davidson formally demanded arbitration today on three deadlocked issues.
All three cases were proposed by the Fund’s Union Trustees and selfishly deadlocked by the Management Trustees. They are as follows:
- The proposed YRC Clerical benefit credit award, deadlocked on May 23, 2017.
- The proposed recommendation to increase ABF contributions by 50 cents per hour effective August 1, 2016, deadlocked on February 23, 2017.
- The proposed recommendation to increase YRC contributions by 10 cents per hour effective August 1, 2016, deadlocked on February 23, 2017.
Enough is enough. What the Management Trustees have been doing is downright disgraceful,” said John T. Coli, Union Trustee and Fund Chairman. “They have continued to block matters that are extremely important not only to the members at ABF and YRC, but for the health and strength of the Fund as a whole.
We will not sit idly by while they continue to screw with what these Teamsters have rightfully earned.
John T. Coli
Local 710 Trustee
Members will be updated on the situation as the arbitration progresses.
Teamsters Local 710 is an affiliate of Teamsters Joint Council 25, America’s premier labor union for Chicago, Illinois and Indiana.