Aug 13, 2015
New Jersey Democrats trying to undo damage done to the state's public-employees' pension system met a familiar roadblock, Gov. Chris Christie wielding a veto pen. Read More
Retirement security is critical to the futures of all workers. But the system to deliver it is not even across the American economy; nearly half of employees have no employer sponsored retirement program at all. And less than 20% have the advantage of a defined benefit plan which delivers a guaranteed benefit in retirement. The rest must rely on 401k and other defined contribution plans to help them to save for their retirement. If their investments turn sour just before they retire, they will find themselves unable to retire or forced to curtail their expectations for their lives after a life of work.
Retirement benefits for CWA members run the same gamut as those of other American workers. While most still enjoy defined benefits, some have had to transition to other plans and others still seek to make significant improvements. CWA works with each bargaining unit to achieve the best outcomes we can in each case.
CWA fights for retirement security on multiple fronts.
Mar 5, 2015
CWA joined more than a dozen public-sector unions in announcing on Tuesday that they will sue New Jersey Gov. Chris Christie to force him to obey the law and increase payments into the pension system. Read More
Feb 26, 2015
A state judge ruled Monday that New Jersey Gov. Chris Christie broke the law when he cut $1.57 billion from a promised payment to public workers' pension system. Now the administration must work with state lawmakers to fulfill its original commitment. Read More