Word: pension
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Local 26, the Hotel and Restaurant Employees Union that includes the Harvard dining hall workers, will push for a higher pension, a cost-of-living clause, greater dental coverage, full-time summer jobs and various other benefits next month in preparation for contract negotiations, a union official said yesterday...
...dining hall workers, who make up approximately 15 per cent of Local 26, currently receive six dollars in pension receipts for every year of employment. The union will demand an increase of three dollars or more per year, Fred Walden, chief shop steward for Harvard Dining Halls, said yesterday...
Today, his union's fortunes are dismal. With 194,000 active members, and 90,000 retirees to represent (peak membership: 600,000 in 1946), the U.M.W. is badly wounded. Three of the four pension and medical-benefit trust funds are broke. The union, which owns more than 75% of the National Bank of Washington (assets: $682 million), real estate in the capital and a Western fuel company, may have to sell some of its holdings. Perhaps most troubling of all, the U.M.W. is in a state of near anarchy, having overwhelmingly rejected its leadership's call to ratify...
...membership by largely ignoring their wishes for fringe benefits. Boyle kept dissident miners at bay by packing union conventions with his own delegates. He finally lost his hold following the 1969 union election. Dissident Leader Joseph Yablonski had waged a fierce campaign, citing Boyle as an embezzler of union pension funds. Boyle claimed victory; Yablonski charged the election was fixed and asked the Labor Department to investigate. Three weeks later Yablonski, his wife and daughter were shot and killed. Just last month Boyle's 1974 conviction for masterminding the murders was reaffirmed...
...accept it did so mainly on complicated tactical grounds. They feared that failure to accept could lead to the breakdown of their union, the end of nationwide bargaining and thus the loss of their hard-won retirement benefits. The local has 300 retirees, who have not received a pension check since January because the old retirement fund is broke; the contract would have set up a new fund. "We felt that a contract would give some guaranteed protection to the retirees for at least three years," said Emil Martin, president of the local. "We wanted to buy them three more...