How the Taft-Hartley pension funding numbers are calculated today are dreadful. They have been dreadful for many years since the passage of the Pension Protection Act of 2006 and a few more germane laws since then which have changed how funding levels are calculated today! Take ALL Taft-Hartley pension plan assets (minus ANY bailouts) and… Continue Reading
Tag Archives: Taft-Hartley Pensions
Plus +13% in 2017 Replaced With Minus -12% in 2022
Posted in Labor Rising Also tagged Building Trades, Labor Rising, Multi-employer Pensions, Organizing, Union Organizing Comments closed
10 Reasons Why the Trades IP’s are Painted into a Corner of Their Own Design –
The International Presidents have no clue what the Rank & File are thinking – very simply it is anti-establishment. R&F voted for Obama because of Hope & Change – didn’t happen to extent needed. Wanted to vote for Bernie – sabotaged by the DNC and Establishment leaders. Many voted Trump because workers know what they… Continue Reading
Posted in Labor Rising Also tagged Building Trades, Labor Combat, Labor Rising, Organizing, Trump Comments closed
D-Day on Building Trades Pensions –
Here is a link to what may be happening today on Capitol Hill regarding the underfunding of our multi-employer defined benefit pensions. http://www.cnbc.com/id/102257137 The number of plans that are reported by the Department of Labor is that more than 600 plans are in “critical or endangered status”. Even with the warm and fuzzy relief of… Continue Reading
Posted in Labor Rising Also tagged Building Trades, Labor Rising, Market Development, Organizing Comments closed
