Posts tagged union pension

    Opinion: Hochul’s biggest failure in her budget deal with NY lawmakers

    June 18, 2026 // Hochul and state lawmakers gave retroactive pension increases to the state’s public-employee unions, which will increase state and local costs more than $500 million annually. They offered extra aid to ease fiscal distress in New York City, Buffalo, Albany, Yonkers’ public schools and elsewhere, so they too could avoid economizing (or, as Mayor Zohran Mamdani would bemoan nearly any spending reduction, suffering “austerity”).

    Detroit refinery union workers, Marathon Petroleum reach 7-year agreement, ending 3-month strike

    December 17, 2024 // DETROIT: Contract talks started in December 2023. Around 270 union members went on strike on Sept. 4. It was the first time in 30 years that workers with Local 283 had gone on strike. The Detroit facility refines 140,000 barrels of oil per day.