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Today in Labor History

May 24, 1883
After 14 years of construction and the deaths of 27 workers, the Brooklyn Bridge over New York’s East River opens. Newspapers call it “the eighth wonder of the world.” ~Labor Tribune

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Updated: May. 24 (08:04)

Happy Memorial Day!
Teamsters Local 776
Update
CWA Local 1103
Why Corporations Choose Lawlessness to Fight Unions
Teamsters Local 355
Why Corporations Choose Lawlessness to Fight Unions
Teamsters Local 992
Local 776 Scholarship Finalists
Teamsters Local 776
Limited Energy Negotiation Update
IBEW Local 191
 
     
Chained CPI: Bargaining With Your Future
Posted On: Oct 18, 2013

The Chained-CPI isn't just a one-time cut. Each year that passes means more cuts for seniors.

According to Social Security Works, an average earner who retired in 2011 at age 65 can expect to lose over $6,000 over 15 years if the Chained-CPI were adopted.

The Chained-CPI formula fails to take into account the large health care costs and rising living expenses faced by seniors with limited income. Our seniors cannot just substitute triple bypass surgery with a double bypass because it's cheaper.

By considering a switch to Chained-CPI, Members of Congress are bargaining with our future. Use the Social Security benefits change calculator from AARP here to see how much you stand to lose, then share it with your friends and contact your legislator.

Source: www.seiu.org


 
 
Teamsters Local 992
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