What happens when a pension fund runs out of money?

What happens when a pension fund runs out of money?

The fate of 273,000 union workers' and retirees' benefits is in the hands of Ken Feinberg, who has been tapped to review the Central States Pension Fund's proposed cuts.

Congresswoman Bonamici Speaks out Against Bill to Immobilize National Labor Relations Board

Congresswoman Bonamici Speaks out Against Bill to Immobilize National Labor Relations Board

On April 12, 2012, Congresswoman Suzanne Bonamici (D-OR) voted against H.R. 1120; legislation that would effectively bring to a halt the National Labor Relations Board (NLRB) by prohibiting the Board from carrying out any decision finalized after January 3, 2012. If this bill becomes law, it will invalidate more than 500 NLRB decisions, including a May 2012 decision to restore employer pension contributions for Oregon freight workers employed by Oak Harbor Freight lines. "This bill does real harm to hardworking men and women in my district and across the country, Bonamici said from the House floor. If politicians in Washington decide to stop enforcing laws designed to protect workers, middle-class families will be paying the price." In September of 2008, Oak Harbor Freight Lines announced it would no longer make required payments to the Oregon Warehouseman Trust, an employee pension and welfare trust, following a work stoppage during contract negotiations. In May 2012, a unanimous panel at the NLRB found that the company violated multiple sections of the National Labor Relations Act, and ordered the company to reimburse the Oregon Warehouseman Trust for the missed trust fund payments. The decision will be invalidated if H.R. 1120 becomes law. Proponents of H.R. 1120 argue that a recent decision by a three-judge panel of the D.C. Circuit Court of Appeals necessitates this legislation. In that case, Noel Canning v. NFIB, the court held that President Obama's recess appointments to the NLRB were unconstitutional, denying the NLRB the necessary quorum to conduct business. The decision, which is inconsistent with prior precedent and practice, is on appeal to the Supreme Court. The non-partisan Congressional Research Service found that the Noel Canning decision, if upheld, would also have justified the invalidation of 329 recess appointments made by Presidents, Reagan, both Bushes, and Clinton. The bill is opposed by the AFL-CIO, AFSCME, SEIU, International Brotherhood of Teamsters, International Association of Machinists, Airline Pilots Association International, Transportation Trades Department, International Brotherhood of Electrical Workers, Building and Construction Trades Department, and United Steelworkers.

Bill Brady "Learn, Chapter 1" Quinn For Illinois

Bill Brady "Learn, Chapter 1"  Quinn For Illinois

FNN: Big rig wreck shuts down 405 in LA, duplex fire in Mesa, homicide investigation in Casa Grande

FNN: Big rig wreck shuts down 405 in LA, duplex fire in Mesa, homicide investigation in Casa Grande

Brought to you by Desert Diamond: http://ddcaz.com Sharing a mix of breaking news, Arizona stories, engaging discussions, and popular culture.

Kamala Harris Among Large Group Of Senate Candidates

Kamala Harris Among Large Group Of Senate Candidates

State's attorney general leads polls heading into June 7 primary. Dave Bryan reports.

LD9 Primary Debate - June 28, 2016

LD9 Primary Debate - June 28, 2016

Candidates that attended: State Representative (Democratic) Randall "Randy" Friese Matt Kopec Pamela Powers Hannley

LD10 Primary Debate - July 27, 2016

LD10 Primary Debate - July 27, 2016

Candidates that attended: Kirsten Engel Courtney Frogge Stefanie Mach

NDP Leadership 2017 Debate - Vancouver // Débat de la course au leadership du NPD - Vancouver

NDP Leadership 2017 Debate - Vancouver // Débat de la course au leadership du NPD - Vancouver

The NDP leadership race is an exciting opportunity to grow our party and renew our movement. // La course au leadership du NPD constitue une excellente occasion pour grossir les rangs de notre parti et renouveler notre mouvement.

South Dakota Amendment K - Secret Ballots

South Dakota Amendment K - Secret Ballots

SD Public Broadcasting looks at the 2010 Ballot Questions. This clip examines Amendment K which deals with secret ballot voting also known as Card Check. Proponents and Opponents lay out their position on the issue plus South Dakota's Attorney General provides his explanation. Visit SDPB.org for more information. Interviews include: Marty Jackley -- SD Attorney General Mark Anderson -- President South Dakota State Federation of Labor David Owen -- President SD Chamber of Commerce and Industry

Labor Studies Working Group Symposium: “Labor in a Changing Climate: Climate Change, Labor...”

Labor Studies Working Group Symposium: “Labor in a Changing Climate: Climate Change, Labor...”

PARCC Conversations in Conflict Studies: The Tenth Decade Work, Labor, and Citizenship Project presents Labor in a Changing Climate: Climate Change, Labor and Global Citizenship. Green Jobs? Pipeline struggles? Infrastructure? Recent events have revealed potential overlaps and tensions between climate and labor struggles. The ongoing battle over the Dakota Access Pipeline demonstrates the split within the labor movement on environmental questions; especially related to climate change. This event brings together experts and activists who seek to bridge these tensions between climate and labor activism. What would it mean to create a unified climate-labor movement? How can such a movement respond to the new leadership in the White House? What is the role of policy in creating solutions to climate change that also appeal to working class and other marginalized constituents? How can such a movement create forms of “global citizenship” to address the uneven historical responsibilities for and contemporary environmental impacts of climate change. This event will address these questions and many more. Guest Panelists: Christian Parenti, Global Liberal Studies, New York University; Kate Aronoff, Writing Fellow, In These Times; Howie Hawkins, 2014 Green Party candidate for New York Governor, Member, Teamsters Local 317.

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