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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Workers at a Trader Joe’s in Williamsburg have filed for union representation, aiming to join Trader Joe's United, a newly formed independent union that won elections at Trader Joe’s stores in Massachusetts and Minnesota over the summer.
Two VITAL Climbing Gyms in New York City have filed this week to unionize with Climbers United. If they win their election, they’ll form the 2nd & 3rd unionized rock gyms in the U.S. Movement Climbing outside of D.C. won a union earlier this year.
The staff of Brooklyn Museum, working across many departments and in many classifications, have dedicated years to their professions and care deeply about the Museum's collections and visitors. These workers voted to unionize last year, to establish a democratic voice at the museum they love.
Members of UAW 2325 this week rallied at two of the local's units where workers are fighting for fair and equitable contracts.
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Our 2022 Labor Day Parade highlights video is here! Check out all your favorite unions and union members below!
Union members from Communications Workers of America Local 1101 rallied with supporters outside Con Edison headquarters near Union Square Wednesday as the energy giant is reportedly planning to drop a union contract in favor of cheaper labor.
The AFL-CIO is partnering with the Permission to Dream program, created by the Chris Gardner Foundation, to put students on the path to good careers through the security of a union job.
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