Healthcare Workers at HRI Hospital Win Campaign to Remove Unwanted SEIU Union Bosses
SEIU 1199 officials concede defeat after a majority of HRI Hospital employees sign petition backing Federal Labor Board-run decertification election
Writing for the New York Sun, Diana Furchtgott-Roth has discovered that the Service Employees International Union (SEIU) dramatically under funded the pension fund for its rank-and-file members.
. . . [T]he SEIU National Industry Pension Plan, a plan for the rank-and-file members, covering 100,787 workers, was 75% funded. That is, it had three-fourths of the money it needed to pay benefit obligations of workers and retirees.
In contrast, a separate fund for the union’s own employees, numbering 1,305, participants was 91% funded. Even better, the pension fund for SEIU officers and employees, which had 6,595 members, was 103% funded.
In other words, the pensions of the union bosses are secure while rank-and-file members’ pensions are at risk.
SEIU 1199 officials concede defeat after a majority of HRI Hospital employees sign petition backing Federal Labor Board-run decertification election
Emporia Rehabilitation and Healthcare Center plans decertification election to remove “Workers United Mid Atlantic Regional Joint Board” union officials
Big Labor bosses will eagerly advance agendas that lower real incomes and destroy jobs if they simultaneously fatten union coffers. But neither rank-and-file union members nor union-free workers share that perspective!