Word: guaranteeeing
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All that changed as corporations discovered they could improve their bottom lines by shifting workers out of costly defined-benefit plans and into much cheaper (for companies) and more risky (for workers) uninsured 401(k)s. In effect, employees took a hefty pay cut and barely seemed to notice. Lawmakers...
It took Congress 10 years to respond to the Studebaker pension abandonment by writing the Employee Retirement Income Security Act (ERISA) of 1974. It established minimum standards for retirement plans in private industry and created the PBGC to guarantee them. Then President Gerald Ford summed up the measure when he...
For all the fuss, Tamiflu is far from a guarantee against disaster. "It may well be of great benefit to people who can get it while they're ill," says Osterholm, pointing out that it works relatively well in treating current flu infections, but adding that it's unclear how...
The quest for a women’s center has no single, sharply defined goal. No magic number of square feet could ever guarantee that women will not feel disenfranchised. These students are willing to compromise because what they desire most, more than any architectural specification, is a symbolic statement...
Harvard and Georgetown students convened last night to discuss future union empowerment and the achievement of a living wage on campus at a meeting organized by the Student Labor Action Movement (SLAM). The meeting is one of four SLAM events this week, including a Thursday roundtable on workers�...