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Public Workers Fighting to Save Pensions
Public employee defined benefit pensions are under attack in several cash-strapped states like California and New Jersey, where plans are starting to feel the squeeze of the post-Enron stock market downturn, poor investment decisions and plain fiscal irresponsibility.
Corporations Use Bankruptcy To Dump Workers’ Pensions
You and your family wouldn't dream of filing for bankruptcy, except as a last resort. The new bankruptcy law signed by President Bush in April makes it harder than ever for ordinary individuals to wipe out debt and get a fresh start.
Pensions Across the Board are Under Attack
CWA members' pension plans are protected by union contracts. But when non-represented workers' pensions come under attack at healthy companies like Verizon and IBM, union members have to wonder: "Are they coming after my retirement next?"
Better Laws Needed to Protect Pensions
Rep. George Miller (D-Calif.)
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