Posts tagged retirement benefits

    PECO union “overwhelmingly” votes to authorize strike as contract negotiations continue

    June 2, 2026 // Members of the union representing about 1,600 PECO workers voted Saturday to authorize a strike. The move would give union leaders the power to call a work stoppage if ongoing contract negotiations fail to produce an agreement. A spokesperson tells CBS News Philadelphia the strike was "overwhelmingly" approved with 94% of the votes in favor. More than 1,000 members voted. As of now, there are no plans to walk off the job Saturday.

    Leadership of Norfolk teachers’ union ousted, president accused of misappropriating funds

    May 26, 2026 // The documents outlined “the clearest example where Mackey and the executive board failed to exercise their fiduciary obligation to the membership” as a clothing allowance that was raised to $3,000 and stipends for hourly work despite holding a salary position. NFT officers had not been elected in a democratic manner, the decision and order read. Half the union’s executive board had been appointed. Its members, in a meeting, nominated one another for office. Hernández-Mats said only 16 of 1,100 dues-paying members participated in that union election. Many of these ranking members, she said, enabled the spending outlined in the report. Union budgets during that period, the documents read, included unreliable figures and displayed a lack of transparency.

    Boilermakers trial: Union leaders used $20M as ‘personal piggy banks,’ gov’t says

    May 8, 2026 // “No foreign destination was beyond their reach,” she said. “Newton Jones hired family member after family member. His brother, sister, son, daughter and his wife, Kateryna Jones.” He also enriched himself by firing the CEO of a union-affiliated bank and putting himself in charge, Alhambra said, earning hundreds of thousands a year in that position. “All of it was illegal,” Alhambra told jurors. “And where did that money come from? It came straight from the pockets of Boilermakers members.”

    Racketeering trial starts for former KC-based union leaders accused of $20M theft

    May 4, 2026 // “What makes this trial so significant is that it is not only about the individuals who were indicted,” he said. “It is also about the system and the culture that allowed this to ever happen. “Newton Jones and what federal prosecutors have described as the ‘Jones Enterprise’ would not have been able to allegedly racketeer, embezzle, or misuse union resources if the people sworn to uphold their constitutional duties had taken that oath seriously.” The Boilermakers deserve better, Sulivan said. “This trial should be a turning point, not just for accountability for the past, but for rebuilding and restructuring our organization for the future,” he said.

    Hair stylists and make-up artists who work at ESPN headquarters in CT vote to unionize

    April 18, 2026 // Local 798 is a chartered local of the International Alliance of Theatrical Stage Employees, and it represents hair stylists and make-up artists who work on films, television, commercials and live-theatrical events. It has approximately 2,200 members across 23 states.

    The fight continues: a look at union efforts in Washington state

    April 10, 2026 // A Washington state cleaning company that receives hundreds of thousands in taxpayer dollars, is in negotiations with its unionized workers over the employees’ contract.

    Teamsters Secure UPS Buyout Cap; NLRB Calls Amazon to the Bargaining Table

    April 9, 2026 // Under the Driver Choice Program (DCP), UPS employees can opt to receive a $150,000 payment to accept early retirement from the company. The severance package would also include retirement benefits earned over their tenure, including pension and healthcare... The NLRB and Amazon have had an ongoing feud as unionization efforts across the company have popped up. In a separate complaint filed in September 2024, the Seattle-based Big Tech firm alleged that the NLRB improperly influenced the 2022 Staten Island election, and said the board’s structure was unconstitutional. That suit is still pending.

    House GOP panel accuses nation’s largest teachers union of exploiting members’ retirement benefits

    September 29, 2025 // Committee Chairman Tim Walberg of Michigan and committee members Rick Allen of Georgia, Kevin Kiley of California and Virginia Foxx of North Carolina shared a Securities and Exchange Commission filing that showed retirement services provider Security Benefit paid the nation’s largest teachers’ union a $4 million annual “base fee” for the exclusive right to sell annuities and mutual funds to teachers in 2023-24. They noted that Department of Labor reports show the NEA receiving more than $61 million in “service level agreement” or “advertising revenue” since 2005, even as the union maintains in its 2024 SEC filing that it received “no dividends, royalties, profit, or licensing fees” from Security Benefit.

    GOP senator, labor secretary visit Louisiana alligator farm touting new pro-worker legislation

    August 16, 2025 // Fresh off helping pass that bill, Cassidy is championing his pro-worker legislation, the Unlocking Benefits for Independent Workers Act, introduced last month with senators Tim Scott, R-S.C., and Rand Paul, R-Ky. The bill seeks to modernize federal labor laws, granting gig workers and independent contractors access to health benefits, paid sick leave and retirement plans, among other provisions.

    UPS buyout details: What’s in the offer, how many jobs are affected and what Teamsters say

    July 30, 2025 // UPS is offering a voluntary buyout program to U.S. full-time drivers for the first time in its history. The Teamsters union criticizes the buyout, calling it "insulting" and a violation of the 2023 contract. UPS attributes the buyout to restructuring efforts following revenue decline and increased costs. The buyout, called the "Driver Voluntary Separation Program" is available for consideration by full-time, U.S.-based drivers, and is the first time in the company's history this sort of offer has been made to drivers, UPS said in a statement.