Category: Retirement Security
Texas Pension Board Finds Its Voice for Workers
After months of intense lobbying by AFSCME members, the Texas Legislature has finally put the Employees Retirement System (ERS) on a path to actuarial soundness – without cutting employee take-home pay or retirement benefits.
Most Older Workers Not Ready for Retirement
Odds are, if you're a worker 55 or older, you're not prepared for a secure retirement, according to a new congressional report. If you are prepared, odds are that you’re a union member.
Illinois Supreme Court Rules Pension Cuts Unconstitutional
The Illinois Supreme Court unanimously ruled that a $105 billion pension change affecting half a million active and retired public employees is unconstitutional.
Ohio Retirees at Forum Push to Expand Social Security
Standing up for retirement security for all Americans during a White House Conference on Aging (WHCoA) regional meeting here Monday, AFSCME Ohio retirees amplified the call to preserve, protect and expand Social Security, Medicaid and Medicare.
The Man Who Out-Burns Mr. Burns
John Arnold is a former Enron executive and Texas hedge fund billionaire who is trying to destroy public pensions across the nation.
VIDEO: Today’s Important Step to Strengthen Retirement Security
The Department of Labor is proposing to update rules to protect Americans saving for retirement and crack down on conflicts of interest in retirement advice that are costing middle-class and working families billions of dollars every year.
Retirees Demand Real Retirement Security at White House Events
Seniors called on officials to stand up and protect programs that offer real retirement security for Americans as regional White House forums continued in Phoenix and Seattle.
Minnesota Members, Retirees Lobby Legislators
The Minnesota activists' agenda included new revenue for infrastructure, increased staffing at prisons and parks, protecting retirement security, and more paycheck stability.
Low Savings Mean Retirement Insecurity
Pensions have all but vanished in most workplaces, replaced (if at all) by 401(k)-style savings plans that leave whatever dollars that are put aside for the long haul to the wild gyrations of the stock market.
‘The Truth About John Arnold’ Revealed
Last November, Phoenix voters emphatically rejected a ballot initiative that would have replaced city workers’ pensions with risky 401(k)-style plans.
Get news & updates from AFSCME