EditorThe Teamsters for a Democratic Union is a nationwide grassroots reform group of Teamster members within the International Brotherhood of Teamsters.
For many years, the TDU has fought corruption within the powerful union and, as part of that effort, published what it calls the “Teamsters $200,000 Club.”
This year’s report is based on financial data filed with the U.S. Department of Labor for 2014.
As the TDU notes, 2014 was a difficult year for many Teamster members as many were faced with concessionary (or “giveback”) contracts.
Meanwhile, as the TDU notes, many of the top Teamster officers received “big rases.”
Many Teamster officers work hard, and they deserve to be fairly compensated for long hours. But when top officers take big raises while imposing concessions, cutting health benefits, and running our pension funds into the ground, it’s time to call them out.
The TDU goes on to note the irony of top Teamster James P. Hoffa receiving a $4 million lump-sum retirement package while Teamster members are seeing their pensions cut:
There are 47 Teamster officials who made over $200,000 last year. Some of them may be fighting for members and earning their pay, but too many of them are promoting concessions and pension cuts—and wasting money that should be used to organize and build Teamster power.
Hoffa, Hall, and other IBT officers claim to be concerned about the horrible pension cuts proposed by the Central States Plan. But their own pensions are secure in the exclusive Family Plan for International officers and staff, which will pay Hoffa up to $4 million as a lump sum upon his retirement—and free health care for life. [Emphasis added.]
Here is the TDU’s $200,000 Club Report.
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