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Thousands of AFSCME Members Rally for Pension Boost in New Jersey |
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In Trenton, N.J., some 6,000 members of AFSCME, a nationwide union that represents public employees at the local and federal levels, recently rallied in support of a state budget plan that would put $1.3 billion into the state’s public employee pension fund. The AFSCME Public Employee Xtra reports the state has neglected its pension obligation “for nearly a decade.”
Even as private-sector workers battle corporate attacks on their pensions, public employees also have faced severe pension underfunding while engaging in struggles similar to their private-sector counterparts: Staving off employer attempts to turn guaranteed, defined-pension benefits into risky 401(k)s.
Read more about AFSCME’s action here.
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