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Central States was in trouble before the government mandated asset managers stepped in. In the early 80's they were only about 40% funded.

They were fine.

 

[UnionStrong]

They were fine.

He’s full of sht. You are correct.

 

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He’s full of sht. You are correct.

The Teamsters would have owned 90% of Los Vegas by now if the government would have kept their noses out of it.

 

[UnionStrong]

The Teamsters would have owned 90% of Los Vegas by now if the government would have kept their noses out of it.

percent

 

[bottomups]

They were fine.

Since when is 40% funded fine? They were in critical status.
My local was once part of Central States but had the foresight to get out and go on their own. Like the Western Conference, they saw the benefit of diversifying out of just trucking and brought in other crafts.