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Today in Labor History

Apr. 9, 1917
The United States Supreme Court rules in Bunting v. Oregon, upholding Oregon’s 1913 state law that prescribed a ten-hour workday for both men and women and the state’s requirement that businesses in the state pay time-and-a-half for overtime up to three hours a day. The case was one of the first that upheld wage regulations in addition to hours regulations.

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Updated: Apr. 10 (10:05)

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Chained CPI: Bargaining With Your Future
Posted On: Oct 18, 2013

The Chained-CPI isn't just a one-time cut. Each year that passes means more cuts for seniors.

According to Social Security Works, an average earner who retired in 2011 at age 65 can expect to lose over $6,000 over 15 years if the Chained-CPI were adopted.

The Chained-CPI formula fails to take into account the large health care costs and rising living expenses faced by seniors with limited income. Our seniors cannot just substitute triple bypass surgery with a double bypass because it's cheaper.

By considering a switch to Chained-CPI, Members of Congress are bargaining with our future. Use the Social Security benefits change calculator from AARP here to see how much you stand to lose, then share it with your friends and contact your legislator.

Source: www.seiu.org


 
 
Teamsters Local 992
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