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1. Schumer and King push to fund Teamster pension shortfall
2. De Blasio to Trump: 'Are you telling NYC to drop dead?'
3. Cuomo: New York appears to be 'past the high point'
4. Forecast: A sunny Sunday on Long Island with possible April showers
5. Bellone calling out mortgage companies asking for lump-sum payments
6. Curran: Hospitalizations down third day in a row
7. LI hospital successfully discharges 500th coronavirus patient
8. Thousands of face shields made for SBU hospital workers
9. Bellone: Suffolk County numbers appear to be plateauing
10. Cuomo: Hospitalizations, ICU admissions, intubation rates down
11. Curran on Nassau's economic recovery
12. Virus fears emerge in the fields among immigrant farmworkers
13. Friday's forecast: Morning freeze warning, rain tonight
14. Mom survives COVID-19, meets her newborn for first time
15. Cuomo keeps NY on pause and an act of kindness for health care workers in West Babylon
16. West Babylon teen, Michael Lindner, cuts grass for free for health care workers
17. Vigil for man who died from coronavirus
18. Tales of triumph amid the coronavirus tragedy
19. LIJ celebrates 1,000th COVID-19 patient to leave the hospital
20. Thousands of letters delivered to NUMC health care workers
21. Get the latest information on aid programs for LI businesses

Sen. Chuck Schumer (D-NY) and Rep. Peter King (R-Seaford) seek to issue treasury bonds tied to federal budget to fund Teamster pension shortfall. (Credit: Newsday / John Asbury)

By John Asburyjohn.asbury@newsday.com   @JohnAsbury Updated January 2, 2018 6:28 PM

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Sen. Chuck Schumer and Rep. Peter King joined Long Island Teamsters Tuesday in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.

Schumer (D-N.Y.) and King (R-Seaford) are pushing Congress to pass the Butch Lewis Act, which would create a new office within the Treasury Department to allow pension plans to borrow for any shortfall using Treasury bonds issued by the government to sell to financial institutions. 

Schumer, the Senate minority leader, and King met with Teamsters Local 707 in Hempstead to push for the bill, which could help fund pensions for 4,500 Long Island families, including more than 3,700 retirees, Schumer said.



dirty deals done dirt cheap the yrc pension fund kevin mccaffrey trustee

YRCW GETS A DELAY FOR H&W AND PENSION PAYMENTS

POSTED ON APRIL 16, 2020

In a report to all locals representing YRCW members, IBT Freight Director Ernie Soehl told officers that YRC, Holland, New Penn and Reddaway have sought a “grace period” to delay making health and welfare payments to various funds Teamster members are covered under.

YRCW has asked for the delay on payments due in April, and perhaps in future months.

Soehl explained that the IBT is not objecting to the delay because YRCW has experienced a sharp decline in volume as a result of the COVID-19 crisis. He says that the April 1, 2020 raise will be included in paychecks.