Ticking Time Bomb: Ongoing Labor Dispute Shows the Problem With Union Pensions

By: LaborUnionReport (Diary)  |  April 17th at 11:35 AM  | 

In Orange, CT, there have been two arrests over the last few weeks (the most recent on Saturday afternoon) in front of Dichello Distributors, where there is an ongoing labor battle between Teamsters, Local 443 and the company. The issue is over the company’s desire to exit the Teamsters’ grossly underfunded multi-employer pension plan, as well as asking union members to pay 10% of their | Read More »

Do Union Bosses and Their Allies Want to Nationalize and Control Your Retirement Too??? In a Word: YES.

By: LaborUnionReport (Diary)  |  October 21st at 02:33 PM  | 

Overshadowed by the desire to nationalize health care, the delusionally-dubbed Employee Free Choice Act, and a host of other items on the progressive socialist wish list is the union desire to nationalize your retirement. As many union pension funds have tanked and entered the “critical status” (view 2009 list of critical pensions here), union bosses have come up with a new scheme and are creating a | Read More »