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On October 11, 2003, the UFCW declared a strike on Vons (owned by Safeway Inc.), in Southern California, because of company-proposed changes to the new labor contract. These changes included cuts in health care and pension benefits, and the creation of a two-tier system in which new workers would be paid on a different schedule than existing ...
A combined pension fund for new hires and current employees. A wage payment averaging about $500 in the first and third years of the contract (UFCW.org)". The employers won the following conditions for future employees they hire: Lower base salaries. Changed rate of pay for Sunday work from time and a half to time plus one dollar.
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The Amalgamated Meat Cutters (AMC), officially the Amalgamated Meat Cutters and Butcher Workmen of North America, 1897–1979, was a labor union that represented retail and packinghouse workers.
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The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
The purpose of these two 1980s-era programs was "so that there was no way you could 'double dip' into both a federal pension and Social Security," explains Jill Schlesinger, CBS News business analyst.
After announcing the company's liquidation, Hostess Brands published a notice announcing that the business is unprofitable under its current cost structure, much of which is determined by union wages and pension costs, describing their offer to the BCTGM as having included wage, benefit and work rule concessions and giving Hostess Brands' 12 ...