Posts tagged United Food and Commercial Workers Unions

    Research ● Unions

    PBGC Just Announced Nearly $2.3 Billion Will Go To 4 Underfunded Union Pensions

    June 22, 2024 // On Thursday, the Pension Benefit Guaranty Corporation (PBGC) announced that it had approved the bailouts of four underfunded union pension plans totaling nearly $2.4 billion. Of the nearly $2.4 billion, the largest payments of taxpayer dollars will go to a grocery union pension and a printers’ union (which is now part of the Teamsters).

    bailout GCIU1-Employer Retirement Benefit Plan Pacific Coast Shipyards Pension Plan Pension Pension Benefit Guaranty Corporation Retail Wholesale and Department Store International Union and Industry Pension Plan UFCW Midwest Pension Plan underfunded pensions United Food and Commercial Workers Unions