James P. Hoffa has received a majority of valid votes cast in the election for General President of the Teamsters Union, according to ibtvote.org, the official website for the Office of the Election Supervisor for the International Brotherhood of Teamsters. The counting of ballots was completed on November 18, 2016, but the results will not
Teamsters Local Pension Fund Latest to Request Reduction in Vested Member Benefits
Citing the threat of future insolvency, a New Jersey Teamsters Local Pension Fund has applied to the U.S. Treasury Department for permission to reduce by 40 percent the vested member benefits in the Fund.
The Fund’s application is the third pension fund reduction application filed by unions in recent months. The Teamsters Local 469 Pension…
Unions Winning More Elections, but Facing Diminishing Returns
According to a Bloomberg BNA report, unions won more representation elections, with a higher win rate, in initial NLRB-monitored representation elections in the first half of 2014 compared to the same period in 2013, but the number of newly organized employees fell drastically, and unions have been losing decertification elections more often.
Unions won 8.6…
NLRB Decertification Elections Decrease, But Unions Lose More Often
According to Bloomberg BNA’s NLRB Elections Statistics, Year-End 2012 Report, the National Labor Relations Board reported 228 decertification elections in 2012 — the lowest total in many years. (A decertification election is an NLRB-conducted election in which employees who are represented by a union vote on whether they want to continue to be represented.) Of…