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Pension Accrual Rate Increased Again!!!
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33% Western Teamsters Pension Bonus Granted for Service in Years 2021 – 2023
The Trustees of The Western Conference of Teamsters (WCT) Pension Plan have granted a special three-year 33% pension bonus under the Plan’s contribution account benefit formula for each of the years 2021, 2022, and 2023, increasing the benefit percentage from 1.2% to 1.6% of contributions for those three years. Therefore, Plan participants will earn a higher pension for every hour of covered work for 2021, 2022, and 2023. This is on top of the 25% pension bonus granted for covered work in 2020 at the accrual rate of 1.5% of contributions. The Trustees were pleased to grant this additional bonus in light of the Plan’s continued funding improvements and accelerated path toward its funding targets.
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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.
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| 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.
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| 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!
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| Rocky Mountain Teamster |
This month's Rocky Mountain Teamster is available to read online along with all Rocky Mountain Teamsters going back to 2008.
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| 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.
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| 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.
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| 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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