Retirement Security
Fewer employers today provide defined-benefit pensions for their workers—and among those that do, many are offering “defined-contribution” (like 401[k]s) rather than traditional “defined-benefit” pension plans.
That’s why Social Security insurance is essential for millions of retirees. Nearly two-thirds of retirees count on Social Security for half or more of their retirement income and for more than three in 10, Social Security is 90 percent or more of their income. It is a safety net that keeps retirees out of poverty.
It’s also important to figure out what you will need to retire. Talking a look at how much Social Security will provide, whether you have another form of pension and how much you spend are all components in determining when you can retire.
For decades, workers achieved retirement security because their retirement income flowed from a combination of employer-provided pensions, Social Security and personal savings. But the recession has exposed the severe deficiencies in our retirement system. We need to develop a new way to provide workers with lifetime retirement security beyond Social Security.
More about this issue:
As thousands of UPS Teamsters practice picket, rally, and mobilize around the country, UPS bowed this week to the overwhelming show of Teamster unity and reached out to the union to resume negotiations.
The decision to go on strike is never an easy one, but working people deserve fair wages & benefits, as well as dignity & respect on the job.
Please see below for how you can show your support for workers currently on strike around NYC.
SAG-AFTRA, the union representing 160,000 television and movie actors, has announced a strike for the first time in 43 years after negotiations with studios over a new contract collapsed, with streaming services and artificial intelligence at the center of the standoff.
Workers at the Children’s Law Center, members of A Better CLC/UAW Local 2325, have been negotiating their first contract for nearly two and a half years. During this time, CLC management has repeatedly engaged in bad faith bargaining.
The workers at REI’s very first unionized store need your support!
Are you an MTA Metro-North Railroad rider?
Around 4 AM Wednesday, UPS walked away from the bargaining table after presenting an unacceptable offer to the Teamsters that did not address members’ needs.
“One job should be enough.” That was the chant and ideal that rang out last Thursday as concession workers at Barclays Center held a rally to push for better pay, better healthcare coverage, and respect from their employer, Levy.
From the New York State AFL-CIO: New York is Union Strong because we are united. We share common values and interests, and we care about each other. One of the most important ways we can grow stronger as a movement is to talk with one another.