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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 UAW often won better wage and benefit packages than the Steelworkers, and were able to obtain the closed shop. McDonald's negotiating stands often reflected the interunion jealousy. McDonald led the Steelworkers out on strike in 1956, winning substantial wage increases, unemployment benefits, and layoff rights, and improved pensions.
The UAW often won better wage and benefit packages than the Steelworkers and were able to obtain the closed shop. McDonald's negotiating stands often reflected the interunion jealousy. [4] [6] McDonald led the Steelworkers on strike in 1956, winning substantial wage increases, unemployment benefits, layoff rights, and improved pensions. [4]
A death benefit is the payout of the life insurance policy, annuity, retirement account or pension. When the policyholder dies, the death benefit will go to whoever is listed as a beneficiary.
The death benefit in a variable annuity provides a safety net in case the annuitant dies before their payments begin. The specific workings of the death benefit can vary among different annuity ...
Other small business retirement plans for employees from Charles Schwab include SIMPLE IRA, personal defined benefit plans, solo 401(k), solo Roth 401(k), business 401(k), and pension trust ...
The 1950 Benefit Pension Trust was created for workers retiring before 1976; the 1974 Pension Trust, for workers retiring after 1975; the 1950 Benefit Trust, provides medical and death benefits for workers retiring after 1975 and their dependents; and the 1974 Benefit Trust, providing medical and death benefits for workers retiring after 1975 ...
The sides agreed to a compromise in which unions received their desired restrictions on subcontracting and expanded early retirement benefits, and management received wage concessions and the elimination of about 1,300 union jobs. The union members voted to accept the proposed agreement on January 31, 1987. Both sides claimed victory. [1]
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