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The Public Employees Retirement System (PERS) is the retirement and disability fund for public employees in the U.S. state of Oregon established in 1946. Employees of the state, school districts, and local governments are eligible for coverage. A health insurance plan for covered retirees was added to the program in 1987.
The International Brotherhood of Electrical Workers (IBEW) is a labor union that represents approximately 820,000 workers and retirees [1] in the electrical industry in the United States, Canada, [3] Guam, [4] [5] Panama, [6] Puerto Rico, [7] and the US Virgin Islands; [7] in particular electricians, or inside wiremen, in the construction industry and lineworkers and other employees of public ...
Many U.S. cities are allowed to participate in the pension plans of their states; some of the largest have their own pension plans. The total number of local government employees in the United States as of 2020 is 14.3 million. There are 11.1 million full-time and 3.1 million part-time local-government civilian employees as of 2020. [16]
Republicans hound DOJ to recover millions in improper union pension payments. ... $127 million in SFA program overpayments for at least 3,479 deceased participants of the Central States Pension Fund.
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 ...
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The union won a contentious strike at RCA and organized additional plants of GE, Westinghouse, GM's electrical division and smaller companies in its base industries. The union signed its first national contract with GE in 1938; Westinghouse, which more stubbornly resisted unionization of its plants, did not sign an agreement until 1941.
As a trustee, Hill also worked to improve the performance of the union's benefit and pension funds. Almost as soon as he took office as trustee, he fired three managers of the $6.8 billion IBEW-National Electrical Contractors Association pension fund. The three had been part of the fund's investment staff, which had been established only a few ...