Northwest Labor Press is an independent union-supported newspaper founded in 1900. Our print version is mailed twice a month to about 45,000 members of over three dozen local unions in Oregon and Southwest Washington. Our online version has been maintained here since 1997.
Tag:
Western States OPEIU Pension
Retirement
Federal pension rescue is expected to help 2 million union members
The Biden administration rescued pension funds headed toward insolvency, preventing two million union members from losing benefits.
National
U.S. government launches pension rescueÂ
In the Portland area, Plasterers Local 82 and OPEIU Local 11 could undo pension benefit cuts almost immediately.
Retirement
Despite lopsided ‘no’ vote, Western States OPEIU cuts retiree benefits to halt slide to insolvency
As of Oct. 1, pension benefits were cut as much as 30 percent for retired members of Office and Professional Employees International Union in the Western United States.
Retirement
OPEIU members are voting on whether to cut their own pension – to halt insolvency
Without a cut of up to 30 percent of benefits, the pension fund is headed for collapse in 18 years.
Retirement
Western States OPEIU Pension moves to cut benefits
Without a 30% pension cut, the fund will be insolvent in 18 years.
Retirement
OPEIU pension seeks to cut retiree benefits
The proposed benefit cuts of 29 percent are supposed to save a pension plan that would otherwise run out of money in 2035.
Collective bargaining
OPEIU Local 11 ‘joint accord’ at Northwest Natural guarantees no layoffs for 5.5 years
Over 600 union members will get immediate raises of at least 7.8 percent