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Keyword: pensiondeal

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  • NYC Transit Union Hints at Pension Deal

    12/21/2005 10:19:02 PM PST · by NormsRevenge · 43 replies · 885+ views
    AP on Yahoo ^ | 12/21/05 | David B. Caruso - ap
    NEW YORK - Threatened with huge fines and possible jail time, the city's transit union suggested Wednesday that it would be willing to end a strike that has shut down bus and subway service for two days — if a plan to change workers' pensions were dropped. The union's suggestion came as millions of New Yorkers again trudged to and from work — some walking miles, others riding bicycles and in-line skates in the morning's 24-degree chill. The contract covering 33,000 New York transit workers expired last week, and the union called the strike Tuesday morning despite a state law...
  • CA: (San Diego) Pension deal stunned lawyer / E-mail shows attorney shocked at pension deal

    10/08/2005 10:41:47 AM PDT · by NormsRevenge · 13 replies · 1,688+ views
    San Diego Union - Tribune ^ | 10/8/05 | Jennifer Vigil
    A private attorney for the city of San Diego's pension fund was shocked when he found out about a plan to boost retirement benefits for a labor union president, and he said that alone could squelch the 2002 deal with the city to continue underfunding the pension system. An in-house lawyer for the retirement system recounted the San Francisco attorney's reaction to the special perk for the union official in an e-mail two years ago. "This, obviously, is huge," Sheila Leone, the in-house lawyer, wrote of the attorney's reaction on March 24, 2003. Leone said the attorney, Robert Blum, told...