Washington Times Editorial: Obama’s Big Labor Payback
An editorial in today’s Washington Times blasts President Obama’s Big Labor Payback via the pro-project labor agreement (PLA) Executive Order 13502 and rumored Easter recess appointment of SEIU and AFL-CIO Counsel Craig Becker to the National Labor Relations Board (NLRB). The NLRB is the critical federal agency that supervises and conducts union representation elections and rules on unfair […]
WSJ says Union Pensions in the Red. Project Labor Agreements to the Rescue?
As TheTruthAboutPLAs.com has said before, one of the reasons construction unions push discriminatory and costly project labor agreements (PLAs) is because they are a windfall for their mismanaged and underfunded pension programs. The Wall Street Journal’s July 26 opinion piece, Union Pensions in the Red, exposed the inadequate funding levels of numerous union pension plans’ and lists Big […]
More on Union Pensions
Yesterday I wrote about how pension provisions in typical PLAs: Hurt retirement for non-union workers. Employer retirement contributions into union pension plans on behalf of non-union workers are forfeited unless workers join a union. Keep underfunded and mismanaged union pension plans afloat. Expose contractors to underfunded multi-employer pension withdrawal liability. Increase costs to construction users because […]