Dear UFT Retiree,
We thank you for your many years of service and union activism. We, the active members of the UFT, stand on the shoulders of giants. You paved the way and laid down the strong foundation for thousands of active members. The time has come to build an even stronger union and we ask for your support, expertise, and guidance.
“The foundation of every state is the education of its youth.” – Diogenes
Who we are and why the creation of the UFT Solidarity Caucus of the UFT?
Simply put, UFT Solidarity Caucus of the United Federation of Teachers, was created to build a stronger union, for both in service and retired members. A union that is the backbone and the muscle of its membership.
UFT Solidarity Caucus welcomes in-service members, retired members, discontinued former members, and others who believe in our cause. We are bringing the union’s focus back to its members as we build partnerships with school communities.
UFT Solidarity Caucus will use the effective strength of our collective voices, and desire for justice and integrity in our workplace, to take back the power that has been given away to those who continue to attack our profession, our members and our education system.
IS YOUR PENSION AND BENEFIT SYSTEM SAFE?
Will Michael Mulgrew fight for you when he has given so much away that you helped build?
Teamsters pension fund moves to slash benefits
One of the Teamsters’ largest pension funds, the decades-old Central States Pension Fund, has told more than 400,000 workers and retirees that it must slash their benefits, in some cases by 50 percent or more.
Central States has faced financial troubles for years, if not decades, but the decision to cut benefits came late in October after the fund filed for reorganization under a new federal law that allows payments to current retirees to be decreased when a multi-employer pension plan is headed toward insolvency.
About 220,000 of the affected workers are already retired and receiving benefits, while the rest are eligible to receive pensions later.
The fund’s board feared that if current benefit payouts were not cut, the $18 billion fund, which as of January 2014 faced $35 billion in liabilities, would become insolvent. It has been paying out $3.46 in retiree pension benefits for every dollar it receives in employer contributions.
Retirees who are 80 or older will not see any reduction in their pensions while those ages 75 to 79 will be cut, but less so than younger retirees.
The benefit-cutting plan was filed on Oct. 15 with the Treasury Department, which has 225 days to approve or deny it.
Milwaukee Journal Sentinel, Oct. 19
The Toledo Blade, Oct. 15
For retired UFT members, we are committed to fighting for:
- DEFENDING OUR PENSION FUND
- EVEN BETTER BENEFITS
- STREAMLINING AND IMPROVING S.H.I.P.
- INCREASING FREE POST RETIREMENT EDUCATION COURSES
- SUPPORT RETIREES WHO WANT TO RETURN AS F-STATUS
- JOB SECURITY FOR VETERAN TEACHERS
- BRINGING THE UFT BACK TO THE UNION THE RETIREES ORIGINALLY BUILT!!
For active members we are committed:
- TO ADVOCATING FOR ALL MEMBERS AND IMPROVE OUR PROFESSION
- TO PROVIDE OVERSIGHT AND SUPPORT TO MEMBERS HARASSED AND STRUGGLING UNDER HOSTILE WORK CONDITIONS
- TO EXPOSE CORRUPTION AND ABUSES THAT NEGATIVELY AFFECT MEMBER WORKING CONDITIONS AND OUR COMMUNITIES
- TO ADVANCE OUR UNION AS WE EMBRACE THESE CHALLENGES
Our members are on the frontline and we are here to support them. If attacks are made to our large pension fund, we need to be ready to fight off those attacks.
By improving the working conditions of union members we believe we can make the positive changes our school system so desperately needs. We will do this together. We will do this in solidarity.
There are many initiatives that can be implemented with the help of retirees.
We invite you to join and support us using this link uftsolidarity.org/membership. You can call 646-8 UFT4US or 646-883-8487
For more information on the election click UFT2016.COM
Join us on Facebook: Facebook.com/UFTSolidarity
Follow us on Twitter: Twitter.com/UFTSolidarity
Print our flyer here: