Posts tagged Pension

    ‘We want to be able to survive’: Atlantic City casino workers to strike over wages

    June 29, 2022 // According to the union, the Borgata could lose an estimated $1.6m a day if workers strike, and Caesars, Tropicana, and Harrah’s could lose an additional $1m a day combined from a strike, hitting the casinos ahead of the Fourth of July weekend, historically one of the busiest times of the year. Irina Sanchez, housekeeper, Jeff Payne, Caesars Hotel, Caesars, Harrah’s, Tropicana, Borgata, Hard Rock, Laurel Lounge, Al Kare, Ruth Ann Joyce,

    UPS, pilots union strike deal on two-year labor contract extension

    June 17, 2022 // The pilots union’s leadership is giving “an unqualified recommendation for ratification” of the tentative agreement by rank-and-file members, after the executive board unanimously approving and endorsed the deal. If approved, the contract that originally ran through Sept. 1, 2023 would be extended for another two years to Sept. 1, 2025. Atlanta Journal Constitution, Kelly Yamanouchi,

    Feds want up to 18 months in prison for ex-state Sen. Thomas Cullerton in Teamsters ghost payrolling scheme

    June 15, 2022 // The prosecution memo also revealed for the first time that after he was fired by Coli, Cullerton “went on to get another do-nothing job” with a video gaming company that made him the company’s only salaried salesman, working first for $1,000 a week, which was later doubled to $2,000 a week. “Even though his salary was doubled by the video gaming company, Cullerton brought in little if any business for the video gaming company,” the memo stated. “He was kept on their payroll only until the current investigation went overt.” The charges against Cullerton came three days after Coli pleaded guilty to extortion charges and agreed to cooperate with federal authorities. Jason Meisner, District Judge Robert Gettleman, Independent Review Board, Alex Pissios, Cinespace Chicago Film Studios, village president, Villa Park

    Starbucks Workers Voted To Unionize In New York City Flagship Store, So Did Amazon—Is This The Resurgence Of Unions?

    April 5, 2022 // The employees are joining Workers United, which is part of the Service Employees International Union. This organization has fielded inquiries from Starbucks staffers around the country. The vote is a rare one for the restaurant industry. Less than 2% of food-related workers are covered by a union. The baristas and other workers are calling for more help with staffing, better pay with set increases and training.

    In The Worker Empowerment Movement, Starbucks Employees Are Starting To Embrace Unions

    February 27, 2022 // A common, unifying theme is that workers feel that they are being taken advantage of, forced to work long hours for low wages and treated rudely by their unsympathetic managers. These workers are pushing back against poor pay, unpleasant working conditions and a lack of respect from management. Once they’ve left, many take their time to seek out new types of opportunities that offer meaningful work and a path to advance.

    Union representing ULA workers gets historic 100% strike sanction vote

    February 16, 2022 // Every three or four years, the International Association of Machinists and Aerospace Workers Local Lodge 44 Union negotiates a contract with United Launch Alliance. Union members vote ahead of time with the intent to see who is willing to go on strike if they can’t reach a fair contract. Union President David Story says usually 90 percent or more vote ‘yes.’ This time every single member said yes.

    Former Teachers Union Heads, Staff, Parlayed Big MEA Paychecks Into Jumbo Public Pensions

    February 10, 2022 // Maddox is collecting an annual Michigan school pension of $144,276. The outsized public pension Maddox receives is due to a union scheme he took advantage of decades ago. And it’s still available to a certain class of Michigan public school employees.

    Opinion: President Biden Helping Unions Undermine California’s Public Pension Reform

    December 21, 2021 // With PEPRA, as public employees retire and are replaced by new hires with redefined benefits, the gap between what the pension system has in assets and what it needs to pay out in future decades will narrow.