Pension
Representing manufacturing, production, maintenance and sanitation workers in the baking, confectionery, tobacco and grain milling industries.
bctgm, bakers union, tobacco union, candy union, food workers, food workers union, grain millers, grain millers union, mondelez, nabisco, snack union,
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Now is Time to Act to Strengthen Both Systems The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding the Trustees reports issued today on the Social Security and Medicare Trust Funds: โ€œSocial Security remains strong and solvent with enough money to cover all payouts and expenses until 2035, and the Medicare Trust Fund for hospital care has sufficient funds to cover its obligations until 2026. The projections for both...

22 April, 2020

Payroll Tax Cut Scheme is a Severe Threat to Social Securityย  The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding President Trumpโ€™s April 7 statement that he supports cutting the payroll tax that funds Social Security and Medicare.  โ€œDuring President Trumpโ€™s press conference yesterday with members of the Coronavirus Task Force, he made cavalier yet deeply disturbing comments that a permanent payroll tax cut would be a...

08 April, 2020

Democratic congressional leaders are working now on the next emergency legislation to deal with the catastrophic economic impact of the COVID-19 pandemic. House Speaker Pelosi and Senate Democratic Leader Schumer are fully supportive of laborโ€™s call for including multiemployer pension relief as a top priority in the next round of stimulus and recovery legislation. Labor had fought to include multiemployer pension relief in the most recent stimulus legislation, but Senate Republican Leader McConnell blocked...

02 April, 2020

On November 20, Senate Finance Committee Chairman Chuck Grassley (R-IA) and Senate Committee on Health, Education, Labor and Pensions (HELP) Chairman Lamar Alexander (R-TN) introduced a proposal โ€œto avert the collapse of critically underfundedโ€ union pension plans. This plan comes as a white paper in order to solicit comment ahead of an actual bill being introduced, the timing of which is unclear at this time. Today, the AFL-CIO Retirement Security Working Group released a statement...

02 December, 2019

In Portland, Maine on a recent chilly Saturday morning, BCTGM Local 334 Business Agent John Jordan held a special meeting for Local 334 retirees. The purpose of that meeting? To explain the Butch Lewis Act of 2019 (S. 2254) and the importance of contacting U.S. Senator Susan Collins (R-Maine) to urge her support of the legislation. It is crucial that ALL BCTGM members and retirees across the country contact their Senators and urge them to support...

15 November, 2019

Retired BCTGM Local 6 (Philadelphia) members, Mine Workers, IBEW, Teamsters and other union retirees from across the country gathered on Capitol Hill on October 16 to urge Senate actionย to protect the pensions that workers have earned. Democratic Senators at the press conference included U.S. Senators Chuck Schumer (D-NY), Sherrod Brown (D-OH), Debbie Stabenow (D-MI),Patty Murray (D-WA), Joe Manchin (D-WV), and Ron Wyden (D-OR). โ€œYou have Mitch McConnell, the Republican leader, and...

17 October, 2019

The fight to protect and save our pensions now moves into the U.S. Senate where the Butch Lewis Act of 2019 (S. 2254), has been introduced. It is crucial that BCTGM members and retirees contact their Senators and urge them to support S. 2254. The BCTGM was a leader in getting the Multiemployer Pensions Act (H.R. 397) passed by the U.S. House of Representatives on July 24. But, our work is far from over. This...

20 August, 2019

Thanks to the hard work and dedication of thousands of BCTGM members, pensioners and other union members across the U.S., the U.S. House of Representatives voted yesterday to pass H.R. 397, the Rehabilitation for Multiemployer Pensions Act. The legislation is an essential step to help secure the retirement security of more than 1.5 million workers and retirees nationwide. โ€œMany experts told us as recently as last week that getting this to vote before the upcoming...

25 July, 2019

On Wednesday, July 24, the full U.S. House of Representatives is scheduled to vote on The Rehabilitation for Multiemployer Pensions Act (H.R. 397), which strengthens pension plans and avoids retiree benefit reductions through long-term, low-interest loans to eligible plans such as the B&C Fund. It is critical that all BCTGM members, retirees together with families and friends, urge their U.S. Representatives to vote for H.R. 397: Take Action from the BCTGM E-Activist Center...

23 July, 2019

Bipartisan multiemployer pension reform legislation creating a federal loan program for struggling plans was approved on July 10 by the House Ways and Means Committee. Before the committee vote, House Ways and Means Committee Chairman Richard E. Neal (D-Mass.), led a rally on Capitol Hill attended by BCTGM members, retirees and scores of other multiemployer pension fund union members pushing for the bill's passage. The bill, H.R. 397, introduced by House Ways and Means Committee...

16 July, 2019

Like all hard-working union members, BCTGM Local 6 (Philadelphia) members at the Lehigh Valley, Pa. value their multiemployer pension, which has been negotiated into their collective bargaining agreements. BCTGM Local 6 members at the BIMBO Bakeries USA plant in Lehigh Valley, Pa. took time during a recent (union) break to send emails to their U. S. Representatives to urge support for H.R. 397, the Rehabilitation for Multiemployer Pensions Act.ย  The legislation calls for long-term, low-interest loans...

26 April, 2019

James Morgan, BCTGM Local 1 (Chicago) member and former Hostess Brands mixer and oven operator, was invited to testify before the House Committee on Education and Labor Subcommittee on Health, Employment, Labor and Pensions on March 7.ย  Specifically,ย  the subject of the hearing that Morgan was asked to address was, "The Cost of Inaction: Why Congress Must Address the Multiemployer Pension Crisis." BCTGM International President David Durkee, Assistant to the International President Harry Kaiser and B&C...

08 March, 2019

It is vital that Congress address the nationโ€™s growing pension funding crisis. The BCTGM has been a leader in the effort to secure federal legislation to address the countryโ€™s growing pension funding crisis -- which affects virtually every BCTGM member with a collectively bargained pension.ย  Last year, the BCTGM worked extremely hard in support of legislation that strengthens pension plans and avoids retiree benefit reductions through long-term, low-interest loans. While enormous progress was made, Congress did...

06 February, 2019

Are You Part of the Solution to Preserve Your Pension? Do you want to be? History of HOOP or the Hands Off Our Pensions Coalition For nearly three years the BCTGM has been engaged in a fight to preserve retiree pensions at Mondelez/Nabisco. In the last year, retirees have been a large part of the effort and have participated by climbing onto buses to attend rallies, shareholder meetings and protests at the homes and offices of corporate...

16 January, 2019

(Pictured above with the BCTGM group is U.S. Senator Tammy Duckworth (D-Ill.) and Bimbo Bakeries USA Senior VP Organizational Development Lou Minella.) Following the massive "Protect Our Pensions" rally outside the Ohio State House in Columbus, Ohio last week, BCTGM International President is on Capitol Hill this week meeting with House and Senate members and key staff on the Pension funding issue. BCTGM Local 6 (Philadelphia) President/Business Agent Hank McKay and union member Danny Melendez accompanied President...

26 July, 2018