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.
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This fight needs to start now and it needs to start with the unions, the progressive elected and working class activists.
A provision nestled in the year-end federal government's spending deal guaranteed pension and health care benefits to more than 100,000 coal miners and their families.
Gare de Lyon protest comes on 19th day of industrial action over pension changes.
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
Mobilization and strike against pension reform are expected to be massive
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.
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