unions

Trump Is Wiping Out Unions. Why Are They So Quiet?

By Erik Loomis Source: The New York Times This is a most unfortunate Labor Day for labor. The labor movement has taken it on the chin repeatedly in the last several decades, but President Trump is the most ruthlessly antilabor president since before the Great Depression. If the labor movement does not fight harder than it has since Mr. Trump regained the presidency, its future will be dire. Mr. Trump and his administration have unilaterally stripped collective bargaining rights [...]

CORPaTH2025-09-09T13:03:36-07:00September 1st, 2025|Categories: Economy|Tags: unions|

Pensions making a comeback? Unions push for defined benefit plans in strikes

By Kristen Beckman Source: Benefits Pro Unions have asked for a restoration of defined benefit (DB) retirement plans in recent strike negotiations, signaling a renewed appetite for pensions rather than defined-contribution plans that have dominated the employer-sponsored retirement landscape for several decades. Boeing's pension, which the company froze in 2014 in favor of a 410(k) retirement plan, was central to negotiations in last year’s machinists strike, according to an analysis by the Federal Reserve Bank of St. Louis. The [...]

CORPaTH2025-03-26T12:01:28-07:00March 25th, 2025|Categories: Defined Benefit Plans|Tags: db pensions, strikes, unions|

Unions welcome new protections for workers’ pensions

Source: Canadian Labour Congress Canada’s unions are happy to see Bill C-228 passed in the House of Commons today. This bill aimed to ensure that in the event of an employer becoming insolvent, the employer will have to prioritize paying pensions before addressing other financial liabilities. ‘‘Bill C-228 is about fairness for workers. We’re encouraged by the cross-party support for this legislation,’’ said Bea Bruske, President of the Canadian Labour Congress. “For decades we have seen companies pay out [...]

CORPaTH2023-02-23T16:43:36-08:00February 23rd, 2023|Categories: Economy|Tags: Bill C-228, canada, unions|

How Unions Pave the Path to Elder Security

Source: American Society on Aging Despite America’s vast wealth, more than 15 million older Americans—one-third of people ages 65 and older—are “economically insecure,” meaning they are poor or near-poor, according to the National Council on Aging. Half of all Black and Latinx people ages 65 and older are in this precarious situation, and older women are especially likely to be poor. These financially fragile older Americans “struggle with rising housing and health care bills, inadequate nutrition, lack of access [...]

CORPaTH2022-08-16T08:58:53-07:00August 16th, 2022|Categories: Retirement|Tags: retirement, Retirement Security, unions|