Word: pension
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...expand, right to work laws, and limited unionization. Rifkin and Barber, taking the inevitable scenario for their base, analyze the reasons behind declining union membership, the anti-northeast corporate strategy and the failures of the business unionism to address these issue, and introduce a new factor--social capital in pension funds...
...union meeting contended that the increase is still not enough to keep up with inflation. But more importantly, the University has made no concessions on benefits, the issue of central concern to most of the kitchen workers. Harvard now provides the dining hall workers with absurdly low pension payments--$90 a month after 25 years of service, and a 10 per cent reduction if a worker retires before age 62, and did not improve the pension plan in the contract offer. Nor does the contract increase Blue Cross coverage or offer a dental health plan. In addition, the workers want...
...union's negotiating committee accepted the contract. It was rejected, however, by the union membership. The contract provides for wage increases and additional vacations, but does not include the changes in pension, dental and Blue Cross coverage desired by the union...
...many workers at the meeting criticized the contract because it does not include benefits such as pension plans, dental costs and Blue Cross coverage...
Coleman and the union officials said the University is negotiating all pension and dental plans with all Harvard's unions in order to ensure a uniform policy. University negotiators have agreed to a pension plan increase, but have not specified details because the Corporation must approve the plan first, Coleman and the officials added...