Post Tagged with: "Pension"

Union Leaders Slam Federal Budget Deal

WASHINGTON—Government workers’ union leaders and AFL-CIO President Richard Trumka slammed the federal budget deal top lawmakers reached on Dec. 10, saying it unfairly hits the nation’s 2 million federal workers – who have borne the brunt of prior budget cuts. And Trumka hit Congress for refusing to ask those who have gained the most from the slow economic recovery – […]

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Unions to Fight Federal Judge’s Detroit Bankruptcy Ruling

DETROIT —Unions representing Detroit’s city workers, who will lose pay and pensions under a federal judge’s Dec. 3 bankruptcy ruling, vowed to fight the issue in higher courts. And they made clear that one key point will be that financial czar Kevyn Orr, appointed by Gov. Rick Snyder, R-Mich., did not bargain in good faith with the unions, their pensioners […]

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Mine Workers to Vote on Settlement with Patriot Coal; Campaign Vs. Peabody Continues

ST. LOUIS —Some 1,800 active Mine Workers who toil in Kentucky and West Virginia for Patriot Coal – the financially creaky coal company that two bigger firms established six years ago to take retirees’ pensions and health care off their hands – will vote August 16 on a proposed settlement of their dispute with Patriot.

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Federal Lawmakers Back Up States’ Attack On Public Workers’ Pension

Right-wing federal lawmakers, led by Rep. Devin Nunes, R-Calif., are backing up state government attacks on state and local workers’ pensions through a measure that, if passed, would make the pensions virtually unaffordable.

The attacks, all in the GOP-run Tea Party-dominated House, would in the name of “transparency,” cut the assumptions governments and unions now make when figuring out whether a pension plan is solvent.

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