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The Spectrum Strike was a workers' strike involving 1,200 Spectrum workers in New York City. [1] [2] The strike began on March 23, 2017, [3] when 1,800 Spectrum workers walked off the job in protest of a plan by the company to replace its union healthcare plan and union pension with a company-run healthcare plan and pension plan. [1]
The International Brotherhood of Electrical Workers (IBEW) is a labor union that represents approximately 820,000 workers and retirees [1] in the electrical industry in the United States, Canada, [3] Guam, [4] [5] Panama, [6] Puerto Rico, [7] and the US Virgin Islands; [7] in particular electricians, or inside wiremen, in the construction industry and lineworkers and other employees of public ...
As secretary, Hill also was chair of the IBEW Committee on Political Education, and a trustee to the National Electrical Benefit Fund and the IBEW pension benefit fund. [2] [3] In 1998, the IBEW membership, meeting in convention, voted to alter the IBEW constitution and combine that office of secretary with the office of treasurer.
If you’re covered by a retirement account at work, traditional IRA deductions are phased out for married couples if your modified adjusted gross income (MAGI) is between $123,000 and $143,000.
The legislation also has a range of smaller changes to the retirement system, including new tax credits to help small businesses set up their own IRA or Simplified Employee Pension (SEP) plans for ...
Having $3 million in your retirement and brokerage accounts is a sizable amount. Even so, it's a big leap to retire and rely on Social Security and your retirement investments to stay afloat.
On November 8, 2012, members of International Brotherhood of Electrical Workers (IBEW) Local 320 struck the Roseton and Danskammer plants after a contract extension expired and Dynegy continued to seek cuts in retirement benefits. [117] Dynegy's bankruptcy also left $17 million in unpaid property taxes in Orange County, New York.
The retirement fund is a defined benefit type pension plan and was only partially funded by the government, with only $268.4 million in assets and $911 million in liabilities. The plan experienced low investment returns and a benefit structure that had been increased without raises in funding. [29]