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Today in Labor History

October 19, 1949
The National Association of Letter Carriers achieves equalization of wages for all letter carriers, meaning city delivery carriers began receiving the same wages regardless of the size of the community in which they worked. Union Communication Services

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A Preview of the U.S. Without Pensions
Posted On: Jan 03, 2018
Jan. 3, 2018 | RETIREMENT SECURITY | The way major U.S. companies provide for retiring workers has been shifting for about three decades, with more dropping traditional pensions every year. The first full generation of workers to retire since this turn offers a sobering preview of a labor force more and more dependent on their own savings for retirement. […] The Washington Post found in a review of 998 workers, that even though most of them found new jobs, they could never replace their lost pension benefits and many are facing financial struggles in their old age: 1 in 7 has in their retirement years filed for bankruptcy, faced liens for delinquent bills, or both, according to public records. The Washington Post  Related – Hoffa: It’s time to protect pensions
 
 
Teamsters Local 992
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