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The new agreements were retroactive to September 1, 2022, and included a 5% base wage increase each year for the four years, a $4,000 bonus upon ratification of the deal, $0.50/hour increase in hourly contributions to the Steel Workers Pension Trust, $0.10/hour increase in 401(k) contributions, and uncapped profit-sharing. [74]
United Steelworkers (US) 1942 860,264 [2] Steel mill workers; related trades. USW: American Federation of Teachers (AFT) 1916 1,700,000 [3] Public school teachers, RNs, professional, technical and non-professional health care workers. 2022: AFT: International Brotherhood of Electrical Workers (IBEW) 1891 820,000
Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6, arising from the Ontario courts as Re Indalex Limited, is a decision of the Supreme Court of Canada that deals with the question of priorities of claims in proceedings under the Companies' Creditors Arrangement Act, and how they intersect with the fiduciary duties employers have as administrators of pension plans.
The metro Detroit Carpenters Pension Trust Fund was approved Thursday for the special pension program, which was created by the $1.9 trillion American Rescue Plan of 2021 signed by President Joe ...
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing a...
The 46,000 members of the Aluminum Workers of America voted to merge with the budding steelworker union that was the USW in June 1944. Eventually, eight more unions joined the USW as well: the International Union of Mine, Mill and Smelter Workers (1967); the United Stone and Allied Product Workers of America (1971); International Union of District 50, Allied and Technical Workers of the United ...
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
The CIO proposed raising $500,000 toward a $1 million goal to fund the organizing drive. The CIO also requested a jurisdictional waiver, so that skilled workers could be assigned to the AA and while other workers joined a new industrial steelworkers union. The executive council rejected the plan and demanded that the CIO disband.