unions – CORPaTH

Unions welcome new protections for workers’ pensions

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

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 [...]

How Unions Pave the Path to Elder Security

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

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 [...]