The Teamsters comment on the DOL/EBSA is attached in full below. An excerpt: The Proposal offers a solution in search of a problem. For almost 30 years ESBA has issued a series of bulletins providing guidance to fiduciaries regarding their obligations when it comes to selecting investment options for plan participants. That guidance has emphasized…
Tag: teamsters
Teamsters take aim at executive bonuses at drug distributor AmerisourceBergen
The Teamsters are asking for a hold on AmerisourceBergen CEO’s pay due to pending liability for the company’s involvement in opioids. nvestors are exposed to those costs, the Teamsters say. And they argue that a bonus deferral program is a “critical” accountability measure that would give the company’s board a longer horizon to decide whether…
Teamsters Vote NO on FedEx Pay
The Teamsters pension plan has sent a letter to fellow shareholders asking for support in their opposition to the pay at FedEx. The thoughtful analysis emphasizes three reasons for voting against the proposed pay plan: Performance targets are too low Earnings numbers are inflated Over-reliance on EPS growth
ValueEdge Advisors 