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Today in Labor History

July 1, 1956
In what was to be a month-long strike, 650,000 steelworkers shut down the industry while demanding a number of wage and working-condition improvements. ~ Labor Tribune

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Updated: Jul. 01 (18:04)

By-Laws Vote 2025 - Passed!
New Mexico Hospital Workers Union
Vote Yes On The FVR Library Levy Lid Lift!
Southwest Washington Central Labor Council
9,000+ Philadelphia City Employees Are On Strike
Teamsters Local 355
Now Accepting Photo Submissions for the 2026 Union Calendar
Teamsters Local 231
Amended: Sad News - Brother David Gaboriault has passed.
IATSE Local B4
9,000+ Philadelphia City Employees Are On Strike
Teamsters Local 992
 
     

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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