This content is from:yabet官网

The 2014 Pension 40: James Hoffa

    20
    詹姆斯·霍法
    General President
    International Brotherhood of Teamsters
    PNR

    Like many elected officials,International Brotherhood of Teamsters general president James Hoffa has discovered that pension problemscan grow into a serious headache. Teamster pensions are provided by so-called Taft-Hartley, or multiemployer, plans, which extend across many companies and industries. Organizing and funding tend to be closely intertwined: Plans in regions with new workers fare better than in those with aging populations. The Teamsters’ second-largest plan, the long-troubled Central States Pension Fund, may be facing insolvency over the next decade or two. Hoffa, the son of Teamsters leader Jimmy Hoffa and a University of Michigan–trained lawyer who was first elected to run the union in 1998, finds himself in the middle of contending forces. On one side is Randy DeFrehn’s (No. 6) National Coordinating Committee for Multiemployer Plans, which has pushed for congressional legislation to amend ERISA and allow plans to reduce benefits rather than drain funds dry — pension reform, Taft-Hartley style. But the Teamsters have a vocal left wing, suspicious of Hoffa and his team, and opposed to cutbacks. Hoffa has tried to shore up that flank: After endorsing Barack Obama in the 2008 election, he penned a fierce attack on aspects of health care reform in a 2013 letter, arguing it would “shatter our hard-earned health benefits.” Last year Hoffa rejected the NCCMP plan, despite its support from multiemployer plans like the Western Conference of Teamsters, but has said little since. Time is not on his side, despite his organizing successes since taking the Teamsters out of the AFL-CIO (along with the Service Employees International Union, then run by No. 37 Andy Stern) in 2005. Hoffa, 73, is up for reelection in 2016.

    The 2014 Pension 40

    1
    2
    3
    4
    5
    Bruce Rauner
    Illinois
    John and
    Laura Arnold

    Laura and John
    Arnold Foundation
    Randi Weingarten
    American Federation of Teachers
    Rahm Emanuel
    Chicago
    David Boies
    Boies, Schiller & Flexner
    6
    7
    8
    9
    10
    Randy DeFrehn
    National Coordinating Committee for Multiemployer Plans
    Damon Silvers
    AFL-CIO
    Laurence Fink
    BlackRock
    Chris Christie
    New Jersey
    Robin Diamonte
    United Technologies Corp.
    11
    12
    13
    14
    15
    Ted Eliopoulos
    California Public Employees’ Retirement System
    John Kline
    Minnesota
    J. Mark Iwry
    U.S. Treasury Department
    吉娜Raimondo
    Rhode Island
    Phyllis Borzi
    U.S. Labor Department
    16
    17
    18
    19
    20
    Orrin Hatch
    Utah
    Abigail Johnson
    Fidelity Investments
    Ted Wheeler
    Oregon
    Caitlin Long
    Morgan Stanley
    詹姆斯·霍法
    International Brotherhood of Teamsters
    21
    22
    23
    24
    25
    Amy Kessler
    Prudential Financial
    Alejandro
    García Padilla

    Puerto Rico
    Christopher Klein
    U.S. Bankruptcy Court for the Eastern District of Caifornia
    Steven Rhodes
    Bankruptcy Court for the Eastern District of Michigan
    凯文·德莱昂
    California
    26
    27
    28
    29
    30
    David Draine
    Pew Charitable Trusts
    Jordan Marks
    National Public Pension Coalition
    Sam Liccardo
    California
    Joshua Rauh
    Stanford Graduate School of Business
    Karen Ferguson and Karen Friedman
    Pension Rights Center
    31
    32
    33
    34
    35
    Timothy Blake
    Moody’s Investors Service
    Kathleen Kennedy Townsend
    Center for Retirement Initiatives, Georgetown University
    Edward (Ted) Siedle
    Benchmark Financial Services
    Daniel Loeb
    Third Point
    Judy Mares
    Employee Benefits Security Administration, U.S. Labor Department
    36
    37
    38
    39
    40
    Andrew Biggs
    American Enterprise Institute
    Andy Stern
    Columbia University
    Kenneth Mehlman
    KKR & Co.
    Teresa Ghilarducci
    New School for Social Research
    A. Melissa Moye
    U.S. Treasury Department


    Related Content