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.
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Physician members of Doctors Council - Service Employees International Union (SEIU), the union representing thousands of frontline doctors across New York City, have provided a 10 day notice to NYC Health + Hospitals (NYC H+H) and its private sector affiliates, PAGNY (Physician Affiliate Group of
REI SoHo ski shop workers unionized with the RWDSU walked off the job on a ULP strike on Wed, Dec 4, and have been out on the picket line at 303 Lafayette Street since. Ski shop workers are required to melt plastic and wax to repair skis, up to 8-15 pairs a day at the peak of ski season.
In 2024, the New York City Central Labor Council, AFL-CIO strengthened our partnerships with our affiliates across the City, helped bring victories in tough contract fights, and advocated for policies that protect and uplift working people.
Thousands of Amazon workers have ended their days-long strike against the company, but the the Teamsters are warning that their efforts are only beginning.
Between December 20th and 24th, thousands of Starbucks baristas walked off the job, closing hundreds of stores in 43 states. Together, these were the biggest ULP strikes in Starbucks history. (Pictured: striking workers outside the flagship NYC Reserve Roastery in Chelsea.)
REI SoHo ski shop workers unionized with the RWDSU walked off the job on a ULP strike on Wed, Dec 4, and have been out on the picket line at 303 Lafayette Street since. Ski shop workers are required to melt plastic and wax to repair skis, up to 8-15 pairs a day at the peak of ski season.
The Teamsters yesterday launched the largest strike against Amazon in U.S. history, following Amazon’s repeated refusal to follow the law and bargain with the thousands of Amazon workers who organized with the Teamsters.
REI SoHo ski shop workers unionized with the RWDSU walked off the job on a ULP strike on Wed, Dec 4, and remain on the picket line. Ski shop workers are required to melt plastic and wax to repair skis, up to 8-15 pairs a day at the peak of ski season.
The Professional Staff Congress has reached a tentative contract agreement with the City University of New York that will provide 13.4 percent in compounded raises and increase the minimum pay for adjuncts by 29 percent over the course of the pact.