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.
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Today, 32BJ SEIU officials announced that a tentative four-year agreement has been reached on a new contract for roughly 30,000 doormen, porters, building supers and other Residential workers.
New York International Auto Show
Javits Convention Center – West 34th Street & 11th Ave., New York City
April 18 through April 27, 2014
Support Striking Workers at Crown Holdings in Canada
Today, Friday, April 4 roughly 100 airport workers and 32BJ members gathered at JFK Airport to celebrate the life of Rev. Dr. Martin Luther King, Jr. with a nine mile march to LaGuardia Airport.
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A residential contract between SEIU 32BJ and the Realty Advisory Board (RAB) is due to expire on April 20, 2014. This contract covers 30,000 32BJ members working in over 3,000 different buildings in New York City. 32BJ has been at the bargaining table fighting for fair wages and the protection
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Help the NYC CLC celebrate all the contributions that women make to our city's labor movement.
Rosie the Riveter is an iconic image that celebrates the contributions that women make to our workforce, labor movement, and to our nation as a whole.