Tag: union benefits
More than one of this blog’s readers said a recent article about 401(k)s was hardly revelatory. But it sure generated a lot of comments. Ed McGrath wrote this about “Retirees with Pensions Slower to Spend 401(k):” “Well thank you for this Caption Obvious.” Perhaps the article struck a nerve because baby boomers are the generation…
The brief’s key findings are: Recent debates suggest that union power has led to higher public pension benefits. Interestingly, union strength appears to have no impact on the level or growth of benefits. Because pensions are legislated, not bargained, lobbying expertise may be more important than union size. In contrast, union strength does seem to…
