Retirement Security

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.

More about this issue:

Dec 9, 2022 | News Story

1700 part-time faculty members at The New School, members of UAW Local 7902, are still on strike demanding a contract that provides real raises, expanded health coverage, greater job security, more input into curricula, and real recourse against harassment and discrimination.

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Writers Guild of America, East members at Hearst Media and supporters including the NYC CLC rallied in front of Hearst Tower on Monday night, demanding that the company stop stalling and agree to a fair first contract.

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Dec 2, 2022 | News Story

1700 part-time faculty members at The New School, members of UAW Local 7902, are still on strike demanding a contract that provides real raises, expanded health coverage, greater job security, more input into curricula, and real recourse against harassment and discrimination.

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Union members at HarperCollins, one of the largest publishers in the country, are beginning the fourth week of their strike, which began on November 10th after a drawn out negotiation process, with workers asking for higher wages, stronger commitments to diversifying staff and better family leave

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Nov 18, 2022 | News Story

1700 part-time faculty members at The New School, members of UAW Local 7902, went on strike Wednesday, demanding a contract that provides real raises, expanded health coverage, greater job security, more input into curricula, and real recourse against harassment and discrimination.

Nov 18, 2022 | News Story

Union members at HarperCollins, one of the largest publishers in the country, are beginning the second week of their strike, which began last Thursday after a drawn out negotiation process, with workers asking for higher wages, stronger commitments to diversifying staff and better family leave.