RSSBENEFIT FUNDS

Benefit Funds Board of Trustees Approves Reduction in Union Health Care Plan Deductibles

Benefit Funds Board of Trustees Approves Reduction in Union Health Care Plan Deductibles

| March 4, 2020

The Teamsters Local 727 Benefit Funds is pleased to announce that the Funds Trustees have approved lowering the health care deductibles and out-of-pocket maximum for all members who currently participate in the Local 727 Health and Welfare Plan as follows: As the Board of Trustees’ recent letter to Plan participants indicated, these benefit improvements are […]

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20+ Years and Over $30M, the Local 727 Legal & Educational Assistance Fund Continues to Help Make College More Affordable

| November 19, 2019

This year, the Teamsters Local 727 Legal and Educational Assistance Fund awarded more than $2.5 million in college tuition and educational fee reimbursements to hundreds of eligible participants, their spouses, and dependents.  Over the program’s 20+ year history, the Teamsters Local 727 Legal and Educational Assistance Fund Board of Trustees have distributed over $30 million […]

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PBGC Approves Local 727 and the Chicago Tribune Pension Funds’ Merger

PBGC Approves Local 727 and the Chicago Tribune Pension Funds’ Merger

| June 25, 2019

This past November, the Teamsters Local Union No. 727 Pension Plan Board of Trustees and Chicago Newspaper Publishers Drivers Union Pension Fund representatives reached an agreement to merge the two pension funds and, in doing so, saved the pensions of approximately 850 participants.  The absorption of the struggling Chicago Tribune Pension Fund by the well-funded […]

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Teamsters Local 727 Legal & Educational Assistance Fund Awards $3.1 Million in College Tuition Reimbursement

Teamsters Local 727 Legal & Educational Assistance Fund Awards $3.1 Million in College Tuition Reimbursement

| October 26, 2018

The Teamsters Local 727 Legal and Educational Assistance Fund awarded a record-setting $3.1 million in college tuition and educational fee reimbursements this month to hundreds of eligible participants, their spouses, and dependents. Since the program’s inception in 1999, the Teamsters Local 727 Legal and Educational Assistance Fund Board of Trustees have distributed over $27 million […]

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Benefit Improvement to the Local 727 Legal and Educational Assistance Fund

Benefit Improvement to the Local 727 Legal and Educational Assistance Fund

| May 4, 2018

Teamsters Local 727 is pleased to inform you that the Trustees of the Local 727 Legal and Educational Assistance Fund have announced an improvement to its educational assistance benefits. Effective immediately, participant eligibility for educational assistance benefits will not end if a participant is on a documented disability leave of absence from covered employment.  This […]

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