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Retirement Finances Damaged By LTV, Bethlehem Bankruptcies, Kaiser Family Foundation Finds In New Survey Of USW Retirees Print
Written by Jeff Harrington   
Sunday, 24 February 2008 13:20

When an auto accident forced Stephen Skvara to retire from LTV Steel, the electrical repairman did not anticipate financial hardship. After all, he had 34 years of service at the Indiana Harbor Works in East Chicago.

Then two blows came.

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Workers, Unions and Pension Funds Print
Written by Jeff Harrington   
Sunday, 24 February 2008 13:18

Unions have played a crucial role in promoting pension plans and negotiating good pension benefits, as statistics on pensions and unionization demonstrate. 

Eighty-three percent of union workers have retirement plans, compared to only 44 percent for nonunion workers.

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