In 2015, 410,000 current and retired Teamsters in the Central States Pension Fund received a letter informing them that because Congress had just made it legal for a multi-employer pension fund in “critical status” to take some of the funds back, they would be losing up to 52% 0f their pensions. They fought back.

With the 2021 economic stimulus bill restoring all the ailing multi-employer funds to health and paying back everyone whose pensions had already been slashed, this was finally corrected.

Part of Biden’s American Rescue Plan was $86 billion to restore all the weakened multi-employer funds to health of which $83 billion went to pay back everyone whose pensions had already been slashed.

There were as many as 200 pension plans that became more secure for as many as 1.5 million people in the short term with many more overall.

Every Republican voted against the Covid-19 relief measure with a major objection being to the pension legislation claiming it was an expensive gift from Democratic leaders to labor allies.

There had been a decade long struggle to reach a bipartisan agreement that would prevent 1.5 million retirees from losing their pensions, but with Republicans holding that up, the Democrats had to go it alone using budget reconciliation to avoid a filibuster and allocate $80+ billion of the $1.9 trillion American Rescue Plan Act to preserve the pensions. 

During those ten years, Democrats, who were usually in the minority, favored more taxpayer funds and less sacrifice from workers or retirees while Republicans, seeing these as “union plans seeking a bailout”, wanted benefit cuts and higher premiums two losing propositions for workers. In 2014 the Obama Administration refused to implement the Republican law because the proposed benefit cuts were just too much to ask workers to accept.

Failure was repeated in 2018 for the same disagreements and then again in 2020

When the American Rescue Package came up for a vote, it passed the U.S. House and Senate on strictly partisan lines with no Republican voting for it in the Senate or initially in the House. 

The vote was 49 Republican nays, 50 yeas and one abstention.

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That means that the truckers who for some reason thought that things like confederate battle flags and other pro-United States uber-patriotic trappings were relevant in a foreign country and who now want to do the same sort of caravan of trucks across the United States to gather en mass in Washington DC to protest policies meant to save their lives so that they are backing the very politicians who had to be run around to save these Truckers’ pensions.

They are going to let Joe Biden know they do not agree with his policies both overtly by claiming it is all about masks and vaccines, while there will be a lot of covert opposition to his policies in general.

This action, the truck caravan to DC, is supported and encouraged by the likes of Rand Paul who voted against helping with the truckers’ pension funds.

They apparently know who’s got their backs, right?

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