Big Labor Pension Fund Implosion a ‘Harbinger’
The full promised benefits for roughly 4000 current retirees have plummeted. Payments for retirees and beneficiaries previously averaging $1313 a month are now down to just $570 a month.
The full promised benefits for roughly 4000 current retirees have plummeted. Payments for retirees and beneficiaries previously averaging $1313 a month are now down to just $570 a month.
Union Kingpins Now Blame Others For Benefit-Slashing Plan They Backed (source: National Right to Work October 2015 Newsletter) In the “lame duck” session of Congress called at the end of last year, lawmakers voted, without ever holding any public…
The New York Post is reporting that the New York Mets shelled out nearly $52 million for construction of their new baseball stadium to contractors with ties to the Mafia and labor corruption. Of course, the work was part of…
The Virginia Public Access Project reported that United Association labor union, formerly known as the Plumbers Union, bosses chose to flush ten of thousands of dollars down the Deeds for Virginia Governor drain. Other reports declared that Big Labor Bosses…
Obama’s Big Labor Department announced a $35 million construction project that forces all workers on the project to pay forced union dues or fees and then forces them (through their employer) to contribute to underfunded union administered pension programs. Because…
The North Branch Construction company of Concord, New Hampshire is standing up to the Obama Administration’s determined effort to ensure that ALL construction projects funded by the federal government benefit the union bosses. In what is apparently the first effort…
After bashing everyone else for decades regarding pension funding, the Washington Examiner has discovered: Almost half of the nation’s 20 largest unions have pension funds that federal law classifies as “endangered” or in “critical” condition due to being underfunded, an Examiner review of…