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Teamsters pension fund returns $127M to Treasury after overpaying dead participants

Teamsters pension fund returns $127M to Treasury after overpaying dead participants
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White houseDistrict of columbiaUnited statesSeanm obrienNicholas novakSean obrienMilo gladsteinGordon hartogensisJoe bidenThomas nyhanWorkforce committeeSecurity administrationColoradoan united statesSenate healthPensions committeeJustice department

House Ed and Labor Committee subpoenas agency amid probe of $127M paid to Teamsters pension fund with deceased participants

The House Education and Workforce Committee subpoenaed the head of a federal agency on Tuesday for impeding an investigation into $127 million in payments made to a Teamsters' pension plan that included dead participants.

District of columbiaUnited statesSeanm obrienMilo gladsteinSean obrienGordon hartogensisWorkforce subcommittee on healthGovernment accountability officeDepartment of laborCivil division of the department justiceInternational brotherhood of teamsterOffice of the inspectorHouse subcommittee on healthWorkforce committeeHouse committee on educationSecurity administration full death master file

PBGC Paid $127M for Deceased Central States Participants, Senate Republicans Demand Repayment

The error was identified in November 2023, and the Central States pension plan has asked for legal clarity on how to return it.

United statesThomas nyhanJulie suBill cassidySean obrienKaren morrisInternational brotherhood of teamstersCentral states pension fundUs department of justiceCivil divisionPension benefit guaranty corporationHealth of central statesSecurity administration full death master fileSenate committee on healthCentral statesSouthwest areas pension plan

Central States Pension Received $127M from PBGC for Dead Participants

According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.

United statesBill cassidySean obrienJulie suThomas nyhanKaren morrisSenate committee on healthHealth of central statesUs department of justiceCentral states pension fundInternational brotherhood of teamstersCivil divisionPension benefit guaranty corporationSecurity administration full death master fileCentral statesSouthwest areas pension plan

RIGHT SPEAK: House Probe Starts After $127M in Bailout Funds Paid to Dead Teamsters Pension Plan; Biden s American Rescue Plan Paid $127M to Dead Teamsters Pension Plan: Watchdog

RIGHT SPEAK: House Probe Starts After $127M in Bailout Funds Paid to Dead Teamsters Pension Plan; Biden s American Rescue Plan Paid $127M to Dead Teamsters Pension Plan: Watchdog
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United statesNicholas novakOffice of inspectorPension benefit guaranty corporation inspectorWorkforce committeeInternational brotherhood of teamsterTeamster central states pension fundPension benefit guaranty corporationSecurity administrationSubcommittee on healthSecurity administration full death master fileAmerican rescue planHouse educationVirginia foxxPensions chairman bob goodInspector general