French Protests Escalate Over Attempt to Force Retirement Age Hike

Protests in Paris and across France have ramped up since President Emmanuel Macron’s government on Thursday used a controversial constitutional measure to force through a pension reform plan without a National Assembly vote. Fears that the Senate-approved measure — which would raise the retirement age from 62 to 64 — did not have enough support to pass the lower house of Parliament led to a… Source Source / Read More: French Protests Escalate Over Attempt to Force Retirement Age Hike

NYC Retirees Fight Their Own Unions to Stop Catastrophic Health Care Cuts

Defying two years of protests and lawsuits by union retirees, New York City’s Municipal Labor Committee voted Thursday to scrap some of the best retiree health care coverage in the country. The change aims to put 250,000 city retirees into a for-profit Medicare Advantage plan run by Aetna. Twenty-six unions in the MLC voted no, while others abstained. But their votes were swamped by the votes of… Source Source / Read More: NYC Retirees Fight Their Own Unions to Stop Catastrophic Health Care Cuts

Congress Passes Measure Making It Easier for Workers to Track Retirement Funds

A proposal to make it easier for workers to access all of their retirement funds across different employers has passed into law after being added to the omnibus funding bill last week, marking a small win for workers. The Retirement Savings Lost and Found Act, first introduced by Senators Elizabeth Warren (D-Massachusetts) and Steve Daines (R-Montana), creates an online “lost and found” database… Source Source / Read More: Congress Passes Measure Making It Easier for Workers to Track Retirement Funds

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