Retirement Archives - nwLaborPress

Union group warns of serious flaws in federal pension rescue program

Sep 1, 2021

Pension plans that cut retiree benefits to restore solvency would face the toughest dilemma under the pension rescue rules announced July 9.

U.S. government launches pension rescue

Jul 14, 2021

In the Portland area, Plasterers Local 82 and OPEIU Local 11 could undo pension benefit cuts almost immediately.

How the COVID relief bill saves union pensions

Mar 18, 2021

The just-passed COVID relief bill will rescue and restore over 100 declining union pension plans.

COVID relief bill could save distressed union pensions

Feb 17, 2021

Congress’ latest COVID relief bill would also shore up declining union-sponsored multi-employer pensions and restore pension benefits.

Oregon Supreme Court upholds PERS cuts

Sep 1, 2020

The Oregon Supreme Court say lawmakers can cut benefits going forward, just not benefits employees have already earned.

Oregon Democrats meet with public workers whose retirement contributions they voted to cut

Jan 15, 2020

Republicans wanted deeper cuts, Oregon’s House Speaker Tina Kotek and fellow Portland House Democrat Rob Nosse told public sector union members.

Public employees file lawsuit to protect PERS retirement benefits

Aug 16, 2019

Plaintiffs say SB 1049 is a breach of contract, an illegal taking, and violates the Constitution.

U.S. House passes Butch Lewis Act

Aug 1, 2019

The bill would give federal loans to union multi-employer pension plans to prevent their collapse.

U.S. House committee passes bill to rescue failing union pension plans

Jun 18, 2019

The Butch-Lewis Act would lend money to pension plans to give them a chance to recover.

PERS once again under attack

May 21, 2019

Top Democrats propose to cut public employee compensation and divert those resources to fund employer obligations to the pension system, but a coalition of public employee unions plans to fight the cuts in the Capitol and in the courts if need be.