Tag Archives: Credit Suisse

The Future Of Big Labor’s Central States Pension Plan Precarious, At Best

By WFI Staff Credit Suisse reported in 2012 that multi-employer pensions managed by union bosses in 2012 were just 52 percent funded.  According to the Pension Benefit Guaranty Board (PBGB), in 2012, there were well over 150 union-managed funds classified … Continue reading

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Labor Bosses Lose Another Major Political Contest, Waste Worker Dues

Recently, the board’s “ambush election” rule was struck down by a federal judge[7], while its Specialty Healthcare decision cleared the way for a micro-union to be formed at a Bergdorf Goodman store in New York where women’s shoes associates on two separate floors were allowed to form a collective bargaining unit.[8]

Clearly, with unemployment over eight percent for 40 consecutive months[9] and anemic job creation in May, the American people are focused on the economy and they understand unelected government bureaucrats issuing regulations will only negatively impact employees and employers at the worst possible time. Continue reading

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Fact Checking The Labor Fact Checker On Ambush Elections

Recently, Senator John Thune published an op-ed on the National Labor Relations Board’s (NLRB) ambush election rule and efforts in Congress to undo the regulation in advance of it taking effect on April 30th. This week, the U.S. Senate will vote on S.J. Res. 36, a joint resolution of disapproval, which under the Congressional Review Act has the weight of law once passed by a simple majority in both houses of Congress and signed by the president. Continue reading

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