AFSCME’s 1.6 million active and retired members have more than 1 trillion dollars in retirement assets invested in public pension systems across the country. The magnitude of these assets can make us a major player in the financial markets. We must work to ensure that this money is invested so that the retirement benefits promised to public employees are safe and secure.
Report from the Public Pension Leadership Meeting
AFSCME activists, local leaders and retirees met with key experts and allies to develop strategies and tools to defend our modest pensions against this unprecedented assault. Read More »
Best Practices for Trustees and Pension Systems
AFSCME released this report to serve as a road map for improving pension plan governance and enhancing public retiree pension plan security. Read More »
Hundreds of AFSCME retirees gathered in Las Vegas for the convention of the labor-supported Alliance for Retired Americans. They came to fight for retirement security for current and future retirees,...
Confronting Michigan Gov. Rick Snyder and Detroit's Emergency Manager Kevyn Orr over their pension-slashing, anti-worker agenda was the objective of more than 600 young AFSCME members at the 2013 Next...
2011 was a pivotal year for the working middle class. It started with the scapegoating of public service workers for the country's economic woes, and continued with unprecedented attacks on...
Fox News host Bill O'Reilly is spreading falsehoods about public employee pensions. FACT: The average annual pension of an AFSCME retiree is $19,000. Add your name to stop the lies:...
- Feb 18Institutional Investors Press Companies for Disclosure of Lobbying in 2014 Shareholder resolutions filed with 48 companies by 60 institutional and individual investors.
- Dec 04AFSCME's Saunders: “Ruling Paves The Way For The Decimation Of Detroit’s Working Class.”
- Jul 19Court Rules in Favor of AFSCME Members, Detroit Bankruptcy IllegalStatement by AFSCME Pres. Lee Saunders: Snyder and Orr are not above the law and cannot ignore the Michigan constitution
- Jun 05 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. (Blog)
- May 27 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. (Blog)
- May 22 ‘Thank You for Breaking the Law, Governor Christie’ Nearly 1,000 New Jersey residents, including more than 100 members of AFSCME, had a pointed message for Gov. Chris Christie after he called on public employees to send him a thank you note for paying into the state pension system. (Blog)
- Apr 20 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. (Blog)
- Mar 20 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. (Blog)
- Mar 09 AFSCME Council 8 Finds Fix for Cincy Pensions The Cincinnati Retirement System’s seven-year financial roller-coaster ride finally came to an end. Thanks to proposals by AFSCME Council 8, an agreement was reached that protects current and future retirees. (Blog)
- Feb 02 Fighting to Protect Pensions in Indiana 231 public service workers – bus drivers, library workers, health care workers and others — attended a Lobby Day at the Indiana Statehouse to talk to their legislators about the bills affecting their retirements. (Blog)
- Nov 06 Court Ruling Backs City on Promise to Retirees Public workers and retirees in Stockton, California, scored a major victory last week when a judge approved the city’s plan to emerge from bankruptcy without making cuts to workers’ pensions. (Blog)
- Oct 03 Going Door to Door in Fight for Right to Retire with Dignity Phoenix city workers’ pensions hang in the balance this November as a right-wing group pushes a ballot measure that would replace secure retirement plans with 401(k)s. (Blog)
- Aug 12 San Jose Cuts Endanger Public Safety Cutting the pay and pensions of city employees has become a public safety issue for one of California’s largest cities. (Blog)
- Aug 12 Our Election Work Starts Now! Critical races put AFSCME on the frontlines – register, vote, volunteer. (Blog)
- Aug 06 Shhh! Don’t Make the Rich Guy Feel Uncomfortable Rhode Island residents want to know how much hedge fund managers are making off state pension fund deals signed by State Treasurer Gina Raimondo. (Blog)
- Jul 11 PA: Prison guard union's appeal denied A Commonwealth Court panel yesterday denied an appeal by the AFSCME city prison guards union... (Daily News)
- Sep 12 When Trust Turns to Rust in the Motor City In Rick Snyder's Michigan, there's no money to make good on the pensions seniors in... (Huffington Post)
- Jan 13 Killing Pensions to Benefit the 1 Percent The Wall Street Journal continues its push to gut the retirement security of millions of... (Huffington Post)
- Jul 08 Two Firms Defy Investor Views on Pay Vote Frequency “It’s a bad precedent to ignore a majority of shareholders,” noted AFSCME’s Lisa Lindsley. (RiskMetrics)
- Jun 18 Cuomo and Pensions: A View From a Union Leader Pension costs grew due to the financial crisis, not because benefit levels are too high.... (New York Times)
- May 23 Historical civil rights figures weigh in on pension debate Video: Participants in the Memphis sanitation strike speak out in San Jose, Calif. (ABC-7 News)