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Today in Labor History

Jan. 21, 1974
A four-day strike by 2,000 postal workers at the New Jersey Bulk and Foreign Mail Center in Jersey City began on this date. The “Battle of the Bulk” was caused by postal management’s unilateral changes in workers’ hours and working conditions. The wildcat strike was led by a group of young workers who identified themselves as “The Outlaws”. A federal judge ruled in the union’s favor, directing management to settle the issue through binding arbitration. Union Communication Services

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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


 
 
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