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:
The NewsGuild of New York has filed an Unfair Labor Practice charge with the NLRB after Gannett managers offered employees benefits in exchange for rejecting the union and created the impression that management was spying on workers’ protected union activities.
The recently formed AJWS Union announced this week that management at American Jewish World Service, a leading global Jewish human rights organization. has formally and voluntarily recognized the workers' union affiliated with OPEIU Local 153.
Over a thousand miners at Warrior Met Coal in Brookwood, Alabama have been on an Unfair Labor Practices strike since April 1, and you can help support them right here in NYC.
The New York City Central Labor Council, AFL-CIO (NYC CLC) is proud to announce our endorsement of Corey Johnson for the office of NYC Comptroller.
Employees at yet another of New York City’s major museums have taken steps to form a union. This time the organizing effort is taking place at the Brooklyn Museum, where a proposed union would represent a mixture of full- and part-time workers.
On Tuesday, the editorial workers at Forbes announced their intention to unionize with The NewsGuild of New York with over 80% of eligible staffers signed on to the campaign.
On Saturday, Laborers Local 79, NY Communities for Change, labor and community allies marched for safe and responsible development.
Hundreds of union members and supporters rallied yesterday in front of Lincoln Center Plaza to reject the union busting tactics of Metropolitan Opera House General Manager Peter Gelb and the Metropolitan Opera House Association and demand a fair contract for all Met artists.
The Department of Interior’s approval of the Vineyard Wind Project, the first large-scale offshore wind project in the U.S., puts into action the Administration’s promise to build a green new economy with good family-sustaining union job