The Chicago Symphony Goes on Strike Over Pension Plan

2019-03-12T09:55:09-07:00March 12th, 2019|Categories: Defined Benefit Plans|Tags: |

A new round of labor upheaval hit the classical music world on Sunday night, when the musicians of the Chicago Symphony Orchestra, one of the finest ensembles in the nation, went on strike in an effort to preserve their defined-benefit pension plan. The players — who are among the best-paid in the field, earning a minimum annual salary of $159,000 last season, and often more — began walking a picket line outside Orchestra Hall on Monday morning. In recent [...]