Pensions Under Attack
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Pensions Under Attack
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Author : Monica Townson
language : en
Publisher: James Lorimer & Company
Release Date : 2001-02-07
Pensions Under Attack written by Monica Townson and has been published by James Lorimer & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-02-07 with Business & Economics categories.
Canada's aging population has raised cries of alarm from some quarters. Critics warn of a demographic time bomb waiting to explode and an age war over pensions as the baby boom generation starts to retire in the next decade. They say the answer is to get rid of public pension programs like the Canada Pension Plan and force people to contribute to their own personal savings plans instead. Will this spell disaster for the elderly, or is it a bold new idea for coping with rising costs? Monica Townson, a prominent independent economist, discusses the forces behind the push to privatize public pensions and looks at the likely impact of privatization on the financial security of futre seniors. She describes how Chile, under the Pinochet dictatorship, replaced its public pension plan with a forced savings scheme and became the darling of right-wing governments around the world, and how Britain, under Margaret Thatcher, introduced opting out of public pensions and triggered a major scandal involving some of the big names in the insurance industry. As the debate about pivatization heats up the new millennium, Pensions Under Attack provides the information needed to question the hidded agenda behind the current push to privatize public pensions. It will be a timely contribution to a discussion whose outcome affects the personal financial security of every Canadian.
Pensions Under Attack
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Author : Monica Townson
language : en
Publisher:
Release Date : 2001
Pensions Under Attack written by Monica Townson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Pensions categories.
Annotation Will privatizing public pension plans spell disaster for the elderly, or is it a bold idea for coping with rising costs? Major changes to the Canada Pension Plan (CPP) were made in 1998. Most likely on future agendas will be the abolition of the CPP and its replacement with a system of mandatory RRSPs. Monica Townson looks at the forces behind this push to privatize public pensions and examines countries where privatization has already taken place. As the debate continues in the new millennium, Pensions Under Attack provides the information needed to question the agenda behind the push to privatize public pensions.
Hope We Die Before We Get Old
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Author : Patricia Dilley
language : en
Publisher:
Release Date : 2015
Hope We Die Before We Get Old written by Patricia Dilley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
The American institution of retirement has sustained numerous attacks over the last twenty years, to the extent that it may cease to exist in its current form by the time most of today's workers reach their mid-sixties. Two of the major components of the U.S. retirement system, private pensions and Social Security, have either declined or are under attack, and thus may not be able to provide support for the elderly in the future, particularly low and middle income retirees. Changes in employment policies, volatility in investments available for retirement savings plans, and proposals to privatize Social Security threaten the financial basis for retirement itself over the next twenty years. Human beings have always structured their societies, dating back to ancient Mesopotamia, to some extent around sustaining elderly members of the population, but for almost all elderly people, work into extreme old age and disability was the norm until the twentieth century. The innovation of the last century, and specifically of Social Security, was to make retirement the mechanism for caring for the elderly, and to make retirement the norm for the elderly of all income groups. The current debate over privatizing Social Security, combined with legislative neglect of the weakening employer-provided pension system, threatens to return the United States to the pre-20th century methods of caring for the old - requiring them to work until death or disability makes work impossible, or allowing responsibility for their care and upkeep to fall on individual family members or friends. The alternative is to make moderate revisions in the institution of retirement itself; phased retirement, increased funding for Social Security benefits for lower and moderate wage workers, and exploration of a citizen-based, rather than employment-based, retirement income system, are all possible avenues to maintain retirement as an expectation for workers at all income levels.
Pensions Under Threat
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Author : Labour Research Department
language : en
Publisher:
Release Date : 2002
Pensions Under Threat written by Labour Research Department and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Pensions categories.
The Attack On Pensions
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Author : Frank Goldsmith
language : en
Publisher:
Release Date : 2018-10-14
The Attack On Pensions written by Frank Goldsmith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-14 with categories.
AN LABOR TODAY SPECIAL REPORTTHE ATTACK ON PENSIONSThe history of pensions and the struggle to defend guaranteed income after retirement.We live in a country with private ownership of the means of production. Social Security is the only publicly guaranteed pension system in the United States. It must be defended by the working class and the trade unions. The struggle to defend and expand Social Security needs to be first on the workers 'agenda. As Joe Glazier said: "What do you do when you are too old to work and too young to die?" The demand for the 8-hour day was so that workers could have leisure time for "what they will." What good is leisure time in old age without sufficient guaranteed income?http://www.labortoday.us/
Pensions And Corporate Restructuring In American Industry
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Author : Gordon L. Clark
language : en
Publisher:
Release Date : 1993
Pensions And Corporate Restructuring In American Industry written by Gordon L. Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
In this first book to systematically evaluate the Employee Retirement Income Security Act (ERISA) of 1974, Gordon Clark argues that the law has failed to project workers' pension rights in situations where it was expected to be most effective: when corporations restructure in the face of enhanced market competition and technological change. Pensions and Corporate Restructuring in American Industry examines recent trends in corporate behavior and government policymaking in the United States and finds that the moral and ethical foundations of regulation are under attack. As a result of intense competitive pressures, Clark argues, some of America's major corporations have begun to flout government regulations designed to protect workers - and to treat the attendant law suits as just another cost of doing business. He finds evidence that some have even used restructuring as the means to avoid statutory obligations to workers. In a series of case studies - including the bankruptcy of the LTV Corporation, the radical restructuring of International Harvester Corporation into Navistar Corporation, and the sale and restructuring of Continental Can Corporation - Clark evaluates the effectiveness of current regulations and the role of government agencies such as the Internal Revenue Service and the Pension Benefit Guaranty Corporation. His analysis shows that many of the problems of enforcing ERISA can be traced to the act itself - the product of compromises among overlapping and competing interests that fatally limited its effectiveness. Clark concludes that any new regulatory framework must clarify the connections between restructuring and the welfare of workers, connections generally ignored inthe litigation that dominates corporate life today.
Pensions In Peril
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Author : United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions
language : en
Publisher:
Release Date : 2011
Pensions In Peril written by United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Transparency And Funding Of State And Local Pension Plans
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Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
language : en
Publisher:
Release Date : 2011
Transparency And Funding Of State And Local Pension Plans written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Decisions Of The Department Of The Interior In Appealed Pension And Retirement Claims
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Author : United States. Department of the Interior
language : en
Publisher:
Release Date : 1902
Decisions Of The Department Of The Interior In Appealed Pension And Retirement Claims written by United States. Department of the Interior and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1902 with Bounties, Military categories.
The Rise Of The Working Class Shareholder
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Author : David Webber
language : en
Publisher: Harvard University Press
Release Date : 2018-04-02
The Rise Of The Working Class Shareholder written by David Webber and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-02 with Business & Economics categories.
When Steven Burd, CEO of the supermarket chain Safeway, cut wages and benefits, starting a five-month strike by 59,000 unionized workers, he was confident he would win. But where traditional labor action failed, a novel approach was more successful. With the aid of the California Public Employees’ Retirement System, a $300 billion pension fund, workers led a shareholder revolt that unseated three of Burd’s boardroom allies. In The Rise of the Working-Class Shareholder: Labor's Last Best Weapon, David Webber uses cases such as Safeway’s to shine a light on labor’s most potent remaining weapon: its multitrillion-dollar pension funds. Outmaneuvered at the bargaining table and under constant assault in Washington, state houses, and the courts, worker organizations are beginning to exercise muscle through markets. Shareholder activism has been used to divest from anti-labor companies, gun makers, and tobacco; diversify corporate boards; support Occupy Wall Street; force global warming onto the corporate agenda; create jobs; and challenge outlandish CEO pay. Webber argues that workers have found in labor’s capital a potent strategy against their exploiters. He explains the tactic’s surmountable difficulties even as he cautions that corporate interests are already working to deny labor’s access to this powerful and underused tool. The Rise of the Working-Class Shareholder is a rare good-news story for American workers, an opportunity hiding in plain sight. Combining legal rigor with inspiring narratives of labor victory, Webber shows how workers can wield their own capital to reclaim their strength.