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French General Strike; One Year of the Yellow Vests in France

Cole Stangler; Richard Greeman The Guardian
French workers cherish their welfare state. That’s why they’re striking. Macron’s proposed retirement reforms are latest attempt to erode the safety net. The people are fighting back. First anniversary of Yellow Vest uprising marks an historic moment

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Government-Sponsored Retirement Plans for Private-Sector Workers Fall Short

By GREGORY N. HEIRES www.thenewcrossroads.com
The government-promoted plans let employers completely off the hook and put the entire burden of retirement savings and investment management on workers. They put another nail in the coffin of traditional plans in which employers share the expense.

Musicians’ Pension Fund Says It’s Going Broke

Steve Wishnia LaborPress
More than 120 multiemployer pension funds—plans that cover workers who regularly work for different employers, largely in trucking, mining, construction, and entertainment—are considered in danger of insolvency. They cover about 1.3 million workers.

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‘I Hope I Can Quit Working in a Few Years’: A Preview of the U.S. Without Pensions

Peter Whoriskey Washington Post
The way major U.S. companies provide for retiring workers has been shifting for about three decades, with more dropping traditional pensions every year. The first full generation of workers to retire since this turn offers a sobering preview of a labor force more and more dependent on their own savings for retirement.
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