The book under review, written from a labor organizer's informed perspective, is seen by the book reviewer—himself a longtime labor militant-- as an essential resource for workers navigating their retirement and pension options.
The "Labor Guide to Retirement Plans" shows why and how private and public sector workers should be mobilizing against such concessions.
On strike over unfair demands for concessions in contract negotiations including pension and over-time rules.
Reader Comments: Biden Recovery Plan; US History, Racism and Struggle for Racial Justice; Heroes But Not Saints; Myanmar; Yiddish, Immigrants, U.S. left; Book Sale; Puerto Rican Socialist Party; Climate Change; Pensions; Labor and Media; Zoom events
Reader Comments: GOP Voter Suppression; Asian Americans Attacked; Refugees, Immigrant children; AOC; Pensions; China, Uyghurs; Aretha Franklin biopic; Black-white unemployment gaps; Amazon workers; Challenging Antisemitism; Zoom events-lots; more...
For most troubled funds, the biggest underlying problem is simple: not enough current workers compared to the number of retirees. Chalk that up to employer schemes like deregulation and union-busting, along with unions’ failure to organize.
Pension legislation historically has been bipartisan—and it very well might be again in the future. After more than a decade of failed efforts, the retirement security of 1.5 million Americans and their families, finally, took priority.
The upward redistribution of income has cost Americans workers $50 trillion over the past several decades. On average, extreme inequality is costing the median income full-time worker about $42,000 a year.
Robbing workers’ pension funds has long been central to Wall Street's business model. A recent Supreme Court ruling opened the door for financial managers to take their looting of those pension funds even further.
Reader Comments: COVID Crisis: Congress Must Lead; This is Our Future; Massive Unemployment-One-Third of Young People Lost Jobs; Sanders Campaign; Crisis Exposes How Fragile Capitalism Was; Bailout the Pension System; Workers Fight Back; Farm Crisis;
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