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  2. 1986 USX steel strike - Wikipedia

    en.wikipedia.org/wiki/1986_USX_steel_strike

    The United States steel industry had been in decline since the late 1970s. Unions blamed management for underinvestment in capital improvements, and management blamed unions for demanding exorbitant pay, benefits, and strict limits on non-union subcontracting. [1] A previous collective bargaining agreement expired at the end of July 1986. The ...

  3. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector. Public pension plan managers in the United States take higher risks investing the funds than ones ...

  4. Pension Benefit Guaranty Corporation - Wikipedia

    en.wikipedia.org/wiki/Pension_Benefit_Guaranty...

    The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...

  5. Steelworkers lose arbitration case against US Steel in their ...

    www.aol.com/arbitration-board-rules-favor-us...

    FILE - The United States Steel Mon Valley Works Clairton Plant in Clairton, Pa., is shown on Feb. 26, 2024. (AP Photo/Gene J. Puskar, File) ... retirees and its communities. USW has expressed ...

  6. Pensions in the United States - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_the_United_States

    The benefit of this structure is the mobility of labor between these employers without amending retirement and health benefits. A primary example of the benefit of these plans are the nations' Teamsters Unions whose employment demands necessitate movement across many geographies, maintaining benefits in each region. [23]

  7. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    In the United States, conversions from traditional plan to hybrid plan designs have been controversial. [2] Upon conversion, plan sponsors are required to retrospectively calculate employee account balances, and if the employee's actual vested benefit under the old design is more than the account balance, the employee enters a period of wear ...

  8. Why U.S. Steel Stocks Were Soaring Today - AOL

    www.aol.com/finance/why-u-steel-stocks-were...

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United States Steel wasn’t one of them. The 10 stocks that ...

  9. Why U.S. Steel Stock Soared This Week - AOL

    www.aol.com/finance/why-u-steel-stock-soared...

    United States Steel (NYSE: X) announced an agreement to be acquired late last year. Nippon Steel's $14.9 billion offer represented a nearly 40% premium to U.S. Steel's share price at the time. U.S ...

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