Latest News - April 2010

April 6, 2010
Some Truth Comes to Union Pensions
Source: thetruthaboutefca.com

There’s a strong argument that one of the primary motivations for union officials to push the misnamed Employee Free Choice Act because it would usher in enough new dues-paying employees to prop up failing union pension funds (which are one of the main selling points for the unions’ service).

Therefore it is good news that there are some great new websites popping up to help union members figure out whether their retirement will consist of caviar or cat food. As we’ve noted before, it’s extremely tough to get that information and it (unfortunately) appears to be headed in exactly the wrong direction on union disclosure, so outside efforts are critical.