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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Staff members of Brooklyn Defender Services (“BDS”), a non-profit public defender organization in Kings County, this week announced the formation of the BDS Union as a chapter of the Association of Legal Aid Attorneys (“ALAA”) – UAW Local 2325.
Workers at Change.org, a global platform that empowers people to start and win campaigns that address pressing issues in their lives and communities, this week announced that they have formed a union, Solidarity at Change, with the Communications Workers of America’s CODE-CWA project.
n recent weeks, hundreds of members and allies of the International Alliance of Theatrical Stage Employees, the union representing the Metropolitan Opera’s stagehands and skilled craftspeople, gathered in person in front of Lincoln Center to protest the opera company locking out its workers.
More than a thousand coal miners at Warrior Met Coal are now in the third month of their strike in the right-to-work state of Alabama.
The NewsGuild of New York has filed an Unfair Labor Practice charge with the NLRB after Gannett managers offered employees benefits in exchange for rejecting the union and created the impression that management was spying on workers’ protected union activities.
The recently formed AJWS Union announced this week that management at American Jewish World Service, a leading global Jewish human rights organization. has formally and voluntarily recognized the workers' union affiliated with OPEIU Local 153.
Over a thousand miners at Warrior Met Coal in Brookwood, Alabama have been on an Unfair Labor Practices strike since April 1, and you can help support them right here in NYC.
The New York City Central Labor Council, AFL-CIO (NYC CLC) is proud to announce our endorsement of Corey Johnson for the office of NYC Comptroller.
Employees at yet another of New York City’s major museums have taken steps to form a union. This time the organizing effort is taking place at the Brooklyn Museum, where a proposed union would represent a mixture of full- and part-time workers.