WASHINGTON, DC – Three multiemployer pension funds have applied for permission to reduce benefits to remain solvent. Local 94 fund from Harrison Pennsylvania is projected to be insolvent in 2026. Also a
NEW YORK, NY — Mayor Bill de Blasio, Comptroller Scott M. Stringer and trustees of the New York City Employees’ Retirement System (NYCERS), the Teachers Retirement System (TRS), and the
SEATTLE, Wash.—The Seattle City Council voted unanimously Apr. 2 to prohibit employers from paying people with disabilities less than the city’s minimum wage.
DENVER, Colo.—On the eve of another wave of layoffs, the Denver Post ran a front-page editorial Apr. 6 calling on its owner, the Alden Global Capital hedge fund, to sell
AUGUSTA, Me.—The Maine House narrowly defeated a bill Apr. 5 that would have prevented the state’s minimum wage from rising to $12 an hour in 2020. The measure would have
When the Republican tax cuts were proposed last October, Trump and Ryan stated that cutting the corporate tax rate from 35 percent to 20 percent would result in a $4,000 to
ALBANY, N.Y.—The budget passed by the New York state legislature on the night of Mar. 30-31 includes a provision that would let public-sector unions reduce the services they provide to
OKLAHOMA CITY, Okla.—Three Oklahoma unions have proposed an array of tax increases they say would finance the funding they are demanding to avert a statewide teachers’ strike scheduled for Apr.
New York, NY – Cynthia Nixon, candidate for New York State Governor, has taken an unusually anti-union approach to campaigning. Nixon’s statements towards workers are hostile and antagonistic. She clearly
New York, NY – A growing number of Americans have no retirement income other than social security. In New York State almost 4 million lack either a pension or 401K
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