Posts tagged Pension
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.
Biden helps unions attack California pension…
December 13, 2021 //
PSERS SCANDAL CONTINUES TO ROCK PENNSYLVANIA AND THE UNION BOSSES
November 15, 2021 // The PA Public School Employees’ Retirement System (PSERS) was under investigation by FBI for bribery, kickbacks as investment returns were severely inflated at same time spending millions to buy up real estate in Harrisburg
What unions aren’t telling Illinois teachers: Your pension is in trouble
November 1, 2021 // Barring reforms, the Teachers’ Retirement System could eventually run out of money and be unable to pay promised benefits to retirees, all while making it more expensive for teachers to live in Illinois.