Teamsters Local 492 |

Welcome Local 492 Retirees! Your Corner for Info

Feb 02, 2024

Retired From My Job, Not The Teamsters!

Local 492 welcomes all retired Teamsters to the Retiree's Corner. Here you will find updates and helpful information about the Local 492 Retirees Group. Below this article are helpful links that you may find useful, including the International Brotherhood of Teamsters Retiree site that we encourage you to visit.

2/2/2024 -View the November 2023 WTWT Retiree Insurance Update

10/19/2023 - GREETINGS RETIREES! If you are a retired Teamster or guest of a retiree, the Local 492 Retirees Club invites you to join your fellow retirees on the 1st Tuesday of each month at Weck's located at 730 Juan Tabo NE (I-40 just north of Hobby Lobby) at 8:50 am. If you know a retiree from any craft (family or friends), please pass the word. Call Moises Ortega @ 505-362-0646 with any questions. We hope to see you there!

10/7/2021 - View the November 2022 WTWT Retiree Insurance Update

10/2/2018 - WTWT Lower Retiree Self-Pay Contribution Rates (for those not on Medicare)

Click Here to see the most recent retiree's.

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June 2026

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UPS Cola Update 2026

RE: Cost-of-Living (COLA) Adjustment of $0.22 on August 1, 2026 Inflation triggered a 2026 COLA increase of $0.22 per hour and 0.55 cents per mile under the 2023-2028 National Master United Parcel Service Agreement. The U.S. Department of Labor's Bureau of Labor Statistics reported the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased to a level of 328.829 points ( 1982-84= 100) in May 2026. This triggers a COLA increase because the CPI-W Index points exceeded 325.283 points. Per Article 33 of the contract, a COLA increase

IBT Notice To All ABF Local Unions Regarding the 2026 COLA Increase

6/8/2026 - View The IBT Notice To All ABF Local Unions Regarding the 2026 COLA Increase, which can also be viewed below: TO: ALL LOCAL UNIONS SIGNATORY TO THE 2023 – 2028 ABF FREIGHT NATIONAL MASTER FREIGHT AGREEMENT FROM: John A. Murphy, National Freight Director DATE: June 8, 2026 RE: ABF Freight -NMFA Article 33, Sec. 4 - COLA The U.S.

Tell Congress to Pass the Fast Labor Contracts Act!

Tell Congress to Pass the Fast Labor Contracts Act! Workers shouldn’t have to wait years for their first contract! Workers have the right to a collective bargaining agreement after they vote for a union, but the law is full of loopholes and companies drag out the negotiation process for years. On average today, it takes 458 days to secure a first contract.

Rocky Mountain Teamster

This month's Rocky Mountain Teamster is available to read online along with all Rocky Mountain Teamsters going back to 2008.

Update on Overtime Tax Deduction

Update on Overtime Tax Deduction The Teamsters Package Division has received questions from members about the "No Tax on Overtime" provision included in the One Big Beautiful Bill Act (OBBBA) that was passed last year, including whether Package Division members are impacted by the legislation.

OES Form 37-IBT Nomination Meeting Results Posting

2/13/2026 - A nomination meeting was held on the 20 day of January, 2026 to nominate candidates for Delegate and Alternate Delegate to the 31st International Convention of the IBT to be held in Las Vegas, NV. Three Delegates and One Alternate Delegate were elected. Click Here to view the results.

Download:

2026 OES Form 37-IBT Nomination Meeting Results Posting.pdf

UPS Article 17 Penalty Pay Update

1/6/2026 - UPS Article 17 Penalty Pay Update Attention All UPS Teamsters: (Article 17) New Payroll Penalty Language Now in Effect Per Article 17, of the National Master Agreement, the updated payroll penalty provisions have officially taken effect.

Western Conference of Teamsters Pension Trust Appointments Available

Teamster Local 492 will have a representative from the Western Conference of Teamsters Pension Plan from Northwest Administrators in our office this month. This is your opportunity to meet face-to-face and review your pension value and where you stand on any PEER requirements, if applicable.