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Today in Labor History

Dec. 14, 1995
Some 33,000 striking members of the Machinists end a 69-day walkout at Boeing after winning pay and benefit increases and protections against subcontracting some of their work overseas.

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Updated: Dec. 15 (18:05)

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Teamsters Launch Effort to Push Pension Relief
Posted On: Apr 11, 2018
April 11, 2018 | RETIREMENT | On Tuesday, the union urged supporters to contact representatives and senators to boost the Butch Lewis Act, which would allow the Treasury Department to issue loans to struggling pension funds and establish an emergency fund within the Pension Benefit Guaranty Corporation, an independent agency that handles bankrupt retirement plans. The Teamsters face some of the largest liabilities in the country within its retirement plans, and its Central States fund has enough debt to completely wipe out the PBGC if it fails. At the local level it has witnessed several funds drain over the past several years, leaving members with steep cuts to their benefits. "There is a pension crisis in this country and Congress must resolve it as soon as possible to protect workers and our economy," the union said in an email… freebeacon.com
 
 
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