US beefs up staff for Teamsters pension audit

March 25, 1980

Labor Secretary Ray Marshall told Congress Monday his department is beefing up its legal and auditing staffs to more closely monitor the Teamsters Union $1. 8 billion Central States Pension Fund. In remarks prepared for an appearance before the House Ways and Means Oversight Committee, Mr. Marshall also said the Labor Department is pressing for a ruling on a civil suit against deposed trustees who allegedly squandered pension assets on such projects as building Las Vegas gambling casinos.