NYC Pension Funds Put Starbucks on Notice
New York, NY – The New York City Pension Funds have filed a shareholder proposal that calls for an independent, third-party assessment of Starbucks’ (SBUX) adherence to workers’ freedom of
New York, NY – The New York City Pension Funds have filed a shareholder proposal that calls for an independent, third-party assessment of Starbucks’ (SBUX) adherence to workers’ freedom of
New York, NY – Peter Meringolo is chair of the New York State Public Employee Conference [NYSPEC]. Formed in 1977 with thirteen member unions, the NYSPEC has since grown significantly.
WASHINGTON—The Service Employees International Union is joining with groups advocating socially responsible investment to prod corporations to live up to their public statements about racial equity and protecting American democracy,
WASHINGTON—The $1.9 trillion COVID-19 relief bill now pending in the Senate includes a long-sought measure to rescue the nation’s endangered multiemployer pension plans. The American Rescue Act, passed by the
WASHINGTON—The AFL-CIO’s pension panel has roundly condemned proposals made by two leading Senate Republicans to shore up the nation’s endangered multiemployer pension funds that would cut benefits by up to
WASHINGTON—The House has approved a bill to rescue multiemployer pension funds whose collapse could cut off benefits for 1.3 million people, but it now faces an uphill battle in the
NEW YORK, N.Y.—Retired musicians are joining truckers and miners in singing the financial blues. The American Federation of Musicians and Employers’ Pension Fund announced May 24, that it is applying
TRENTON, N.J.—A top New Jersey politician’s proposal to set up a two-tier pension system for government workers and cut their health benefits immediately infuriated public-sector unions. State Senate President Stephen
WASHINGTON—The joint Congressional committee charged with finding a solution for the nation’s endangered multiemployer pension plans failed to make its Nov. 30 deadline for drafting legislation, but its co-chairs say
WASHINGTON—A bill intended to save the nation’s struggling multiemployer pension funds would cost far less than previously thought, according to a Congressional Budget Office estimate its sponsors released Sept. 12.