Fewer employers today provide defined-benefit pensions for their workers—and among those that do, many are offering “defined-contribution” (like 401[k]s) rather than traditional “defined-benefit” pension plans.
That’s why Social Security insurance is essential for millions of retirees. Nearly two-thirds of retirees count on Social Security for half or more of their retirement income and for more than three in 10, Social Security is 90 percent or more of their income. It is a safety net that keeps retirees out of poverty.
It’s also important to figure out what you will need to retire. Talking a look at how much Social Security will provide, whether you have another form of pension and how much you spend are all components in determining when you can retire.
For decades, workers achieved retirement security because their retirement income flowed from a combination of employer-provided pensions, Social Security and personal savings. But the recession has exposed the severe deficiencies in our retirement system. We need to develop a new way to provide workers with lifetime retirement security beyond Social Security.
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More than 400 SAG-AFTRA members rallied yesterday in front of ad agency Bartle Bogle Hegarty, LLC (BBH), which is trying to illegally abandon its union contract after almost 20 years. The rally took the form of a mock bake sale to raise funds for BBH. Thousands of baked goods were handed out.
During GWC-UAW Local 2110's strike in April, over 1,500 graduate workers withdrew their labor and marched on the picket lines, and when the strike ended, they knew what their next steps would be.
Google employees are fed up with the search giant’s lack of transparency when it comes to handling sexual harassment and misconduct allegations. Yesterday morning, thousands of Googlers from San Francisco to Dublin walked out in hopes of bringing real change to the company.
Yesterday, content creators at Al Jazeera English, based in the United States, voted overwhelmingly to recognize SAG-AFTRA as their union ̶ with 97 percent voting in favor. The election was conducted by mail ballot and votes were counted this afternoon by the National Labor Relations Board.
Workers in United Airlines’ catering kitchens in five cities have voted overwhelmingly to unionize with UNITE HERE. In a National Mediation Board election lasting five weeks, 72% of United catering workers voted to join the union.
The Unit Council of Law360, a New York-based legal news service owned by LexisNexis, announced on Tuesday that their members voted overwhelmingly in favor of authorizing a strike if necessary to secure a first contract.
Mayor Bill de Blasio, District Council 37 Executive Director Henry Garrido, Local 3621 President Vincent Variale and Local 2507 President Oren Barzilay this week announced that the City will provide Unlimited 9/11 Sick Leave to City workers who participated in World Trade Center rescue, recovery
“New York City is a union town,” they chanted — thousands of voices reverberating off of office buildings and down the upper Manhattan street on Tuesday afternoon.
Postal Workers, members of Congress, and allies gathered at the Hunts Point Post Office on Tuesday to call for the immediate reinstatement of posting banking services and explain why it's a winning proposal for all stakeholders: the U.S.
Who doesn’t love raising money for huge, heartless multinational companies?
We need you at the BBH NY office Thursday, Nov. 1. SAG-AFTRA’s greatest power is the solidarity of our members. It’s time to show our strength – and good will.