Teamsters Local 492
Teamsters Local 492
 

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401(k) IBT National Plan
Feb 16, 2024

Life offers so many possibilities and adventures, both today and tomorrow.

You deserve to spend your retirement doing whatever makes you happy and fulfilled. But to do that, you’ll need a monthly income you can rely on. And one of the best ways to help ensure you have that income is to start saving. Click Here

Call Prudential/Empower's Retirement’s toll-free telephone service at 1-833-569-2433 to obtain account information or perform transactions through your telephone keypad. Retirement Account Representatives are available to assist you Monday through Friday from 8 a.m. to 9 p.m. ET. 

You can start (get registered) your Teamster 401k plan by Clicking Here or by calling 1-833-569-2433

For all other inquiries regarding the Teamsters-National 401(k) Savings Plan, send inquiries to ibt401k@gemgroup.com.

For UPS 401k info, Click Here

Enrolling into the Teamsters-National 401(k) Savings Plan is one of the best things you can do to help yourself prepare for tomorrow.

The Teamsters-National 401(k) Savings Plan is an example of Teamsters using their combined buying power to negotiate valuable programs and services for members.

Under the laws governing 401(k) plans, before a member can join, an employer must agree to participate. The Plan’s trustees—one-half from the union and one-half from participating employers—monitor and direct the services provided by this Plan. It is a qualified 401(k) plan that lets you deduct a portion of your salary and save it in an investment account. And, it is governed by ERISA (Employee Retirement Income Security Act), which can help protect plan participants.

Prudential Retirement® (Prudential) provides administrative and investment services for the Teamsters-National 401(k) Savings Plan. The Board of Trustees selected Prudential after conducting a search and evaluation of retirement plan service providers.

Prudential Retirement Is Your Service Provider

Prudential Retirement knows that saving for retirement isn’t about facts and figures. It’s about having access to the right tools and the right people to help you make smart decisions every step of the way. So, whether you’re a 20-something who’s just starting your career or a seasoned veteran within reach of retirement, Prudential has the resources to help you find the financial freedom to do what you want to in retirement.

What's Retirement All About?

Prudential Retirement provides the administrative and investment management services for over 6000 organizations in the United States. With over $901 billion in assets under management as of December 31, 2011, Prudential Financial is one of the nation’s largest financial institutions and a recognized leader in the retirement plan market. Their strategy is to help you grow and protect your wealth.

 For more information

To learn more about the Teamsters-National 401(k) Savings Plan, access your account or enroll in the Plan:

Visit the Plan’s website at https://teamstersnational.empower-retirement.com/ Prudential/Empower has developed a custom website for the Teamsters-National 401(k) Savings Plan. Here you will find important information, including investment option information, as well as access to:

  • Online Retirement Center – From this secure website, you can access your retirement plan information, including account balances, research your investment options and perform transactions.
  • Online retirement education – In addition to account access, you have access to a wide array of articles, calculators and tools to help you manage your retirement strategy.

Call Prudential/Empower Retirement’s toll-free telephone service at 1-833-569-2433 to obtain account information or perform transactions through your telephone keypad. Retirement Account Representatives are available to assist you Monday through Friday from 8 a.m. to 9 p.m. ET.


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ABF Profit Sharing To Be Paid Feb 19, 2025

2/3/2025 - On Friday, ABF announced that it achieved a 91.2% operating ratio for 2024. As a result, the profit-sharing provisions of the 2023-28 ABF NMFA have been triggered. Specifically, qualified members (generally those employees who were on the seniority list from January 1, 2024 to December 31, 2024) will receive a bonus of 1% of their 2024 earnings.

UPS 2023-2028 Contract Book - Full Edition

1/17/2025 - The UPS 2023-2028 Contract Book full edition is digitally available in PDF form, which includes the Western Region Supplement, SW Package & Sort Riders, all in one document. This PDF combines all into one book to make it easier to search for the topic you are researching. Click the link below to view or download to your device.

General Membership Union Meeting April 11th, 2025

There is a General Membership Meeting scheduled for Friday, April 11th at 5:30 pm, which will be held at 4249 Balloon Park Road NE, Albuquerque NM 87109. Your Business Agents and Teamsters Local 492 Executive Board will be present to answer any questions you may have. We look forward to seeing you there!

Rocky Mountain Teamster

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

Teamsters Scholarship Fund 2025 (Deadline May 1st, 2025)

The Teamsters Scholarship Fund applications for the 2025 scholarship will be available starting Friday, November 1, 2024, at Teamster.org/scholarships.

Yellow Bankruptcy Update

YELLOW CORPORATION BANKRUPTCY UPDATE Yellow Corporation and its operating companies (“Yellow”) filed for bankruptcy in the District of Delaware Bankruptcy Court on August 6, 2023.

Teamsters Organize 50,000 New Members in Less Than Three Years

Record Number of Workers Join North America’s Strongest, Most Militant Labor Union   The International Brotherhood of Teamsters announced today the union has grown by an astounding 50,000 new members in the last two-and-a-half years, a direct result of key investments in strategic organizing under Teamsters General President Sean M.

Teamsters Local 492 Wins Historic Grievance Against Sysco for Members

4/16/2024- It is with great pleasure that I can report to all our members, that Teamsters Local 492 has won a hard-fought grievance for our Sysco brothers and sisters! On April 03, 2020, a grievance was filed to enforce the forty-hour language in our contract.  This grievance was filed during the Walter Maestas administration, in the early stages of Covid-19.


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Teamsters Local 492
4269 Balloon Park Road NE
Albuquerque, New Mexico 87109
  505-344-1925

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