The Benefits Department was created in May of 2001 to meet the needs of the International Brotherhood of Teamsters in the bargaining and administration of benefit plans. The Director and Staff support local and national collective bargaining by providing information requests, reports, benefits analysis, benefits communications and benefits comparisons for the Union and its affiliates.
The Capital Strategies Department works to build Teamster power in the capital markets. With roughly $100 billion invested in equity assets, Teamsters are working to reform how Corporate America does business—ensuring that Teamster money works for Teamster members. By demanding responsible corporate behavior Teamsters are encouraging better corporate performance over the long-term, and greater opportunities for workers to have a voice on the job to secure fair wages, benefits and working conditions.
The Communications Department works closely with the Airline Division to spread information on union programs and goals to members, their families, retirees, allied organizations, public officials, the news media, and the general public. The department also promotes Teamsters concerns and campaigns to the news media, and responds to media inquiries.
To communicate with Teamsters members, the department produces the Teamster Magazine, which keeps 1.4 million members and retirees, informed about Teamster programs, their rights on the job, and ways that they can get involved.
One of the most essential needs of a Union member is successful contract negotiations. The outcome of these negotiations will determine not only the pay, benefits, and quality of life but practically every aspect that will impact our members’ families and their professional lives for many years. It is for precisely this reason that the Airline Division has put together a top team of professionals to assist our Local Unions with contract negotiations.
The Economics & Contracts Department is a key source of financial, statistical and agreements information.
With connection to the most powerful electronic databases available today, the department provides local affiliates and International Union personnel with corporate research and economic trends for use in both collective bargaining and organizing. The department maintains the largest contract database of any union in North America, with more than 250,000 current and expired Teamster labor agreements.
The Division provides expert advice and assistance on the full range issues that may arise through its staff and IBT Legal Department attorneys who are assigned to work with the Division. The majority of issues include NMB election, mediation, collective bargaining support, contract enforcement, Railway Labor Act issues, and bankruptcy proceedings.