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Major shakeup at Teamsters pension fund board
A massive federal probe triggers a restructuring of the Teamsters pension fund board. Eleven of fifteen trustees will resign as the fund, valued around 1.4 billion dollars, faces government scrutiny over loans and investments. New members will be chosen in Chicago and at industry meetings.
MENTIONED IN THIS ARTICLE
Kmight
Chicago
Teamsters Union Pension Fund Board of Trustees
The
Chicago Tribune
Pension Fund
Lion Teamsters' Retirement Fund
Daniel J. Shannon
Teamster Board
Internal Revenue Service
Labor and Justice Departments
Teamsters
Teamsters’ Fund
Las Vegas
Rancho la Costa
San Diego
Health and Welfare Board
Teamsters Union
Shannon
Frank E. Fitzsimmons
Roy L. Williams
Central Conference of
William A. Presser
Labor Department
Robert Holmes
Detroit
Joseph Morgan
Southern Conference of
Dallas
Teamster
Donald A. Peters
Frank H. Ranney
Milwaukee
Florida
Odell Smith
Little Rock
Ark
Fitzsimmons and Williams
U.S. Labor Department
IRS
Justice Department
Labor. Department
Und