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The Industrial Union of Marine and Shipbuilding Workers of America (IUMSWA) was an American labor union which existed between 1933 and 1988. [1] The IUMSWA was first organised at the New York Shipbuilding Corporation shipyard in Camden, New Jersey after striking in 1934 and 1935 .
The International Fishermen and Allied Workers of America joined with the union in the 1950s. The union negotiated a groundbreaking agreement in 1960 that permitted the extensive mechanization of the docks, significantly reducing the number of longshore workers in return for generous job guarantees and benefits for those displaced by the changes.
Under the tentative new agreement, workers will earn a 61.5% raise over six years. That means the highest paid workers would make $63 per hour in the final year of the contract — up from $39.
The International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers was founded on September 1, 1893. On that day, at a meeting in Chicago, Illinois, representatives from the International Brotherhood of Boiler Makers and Iron Ship Builders, which had been organized on October 1, 1880, and the National Brotherhood of Boiler Makers, which had been formed in ...
Sep. 30—GROTON — Electric Boat and a labor union that represents thousands of shipyard workers have tentatively agreed to a new five-year contract. In a joint statement released Friday night ...
The International Longshoremen's Association (ILA) is a North American labor union representing longshore workers along the East Coast of the United States and Canada, the Gulf Coast, the Great Lakes, Puerto Rico, and inland waterways; on the West Coast, the dominant union is the International Longshore and Warehouse Union. The ILA has ...
A struggling union pension fund for more than 22,500 metro Detroit carpenters and millwrights is getting a $635 million federal bailout, saving retirees from big cuts to their pension checks next ...
Pensions can either be qualified or non-qualified under U.S. law. For defined benefit plans, the benefits of a qualified plan are protections under the Employees Retirement Income Security Act and offer tax incentives for contributions made by employers to fund the plans. [20]