More than 1.2 million protesters marched in France Tuesday as rail workers and refinery staff began rolling strikes and trade unions stepped up their campaign to try to stop Emmanuel Macron’s plan to raise the pension age to 64.
Parties and movements in transition
Due to the stock market downturn, public pensions invested in private equity are about to face a reckoning — but thanks to lax transparency regulations, pension members have no way of knowing how bad it might get.
The Supreme Court isn’t a friend of workers. So a recent ruling that retirees can sue employers who help investment firms rip them off with high fees and poor performance is a rare and crucial win.
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.
Spread the word