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Today in Labor History

June 24, 1971: Seventeen workers are killed as methane explodes in a water tunnel under construction in Sylmar, Calif.

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Graphic Communications Conference Opens 3rd Convention
Costco Teamsters in the East Join Western Conference Pension Plan for First Time
In Week of Action, Baltimore US Foods Teamsters Extend Pickets to Philadelphia, Minneapolis
Teamster Pilots At Allegiant Airlines Reach Historic Tentative Agreement
STA School Bus Workers in New Jersey Choose Teamsters Union
School Bus Workers at Latino Express Stand Strong to Win Teamster Contract
US Foods Teamsters Extend Pickets to Chicagoland
Teamsters Applaud National Labor Relations Board on 'Mixed-Guard' Ruling
Second Teamsters Local Meets to Negotiate With FedEx Freight
New Report Shows NYC Private Sanitation Industry Endangers Residents
 
     
Beware The 'Chained' CPI
Posted On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.




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Updated: Jun. 24 (16:43)

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