Sentences with phrase «with multiemployer»

(b) A union may make wage agreements with a multiemployer bargaining unit and may, in pursuance of its own self - interests, seek to obtain the same terms from other employers, but it forfeits its antitrust exemption when it agrees with a group of employers to impose a certain wage scale on other bargaining units, and thus joins a conspiracy to curtail competition.

We think it beyond question that a union may conclude a wage agreement with the multiemployer bargaining unit without violating the antitrust laws, and that it may, as a matter of its own policy, and not by agreement with all or part of the employers of that unit, seek the same wages from other employers.

Not exact matches

Senate Minority Leader Charles E. Schumer on Monday named eight senators to the select committees tasked with overhauling the budget and appropriations process as well as providing recommendations for restoring the solvency of multiemployer pension plans.

With corporations, the protection of the Pension Benefits Guarantee Corporation [PBGC] has kept pensions safe up to a limit — as of 2016, up to roughly $ 60K / year for those retiring at age 65 (less for younger retirees) from single - employer plans, and $ 12,870 / year at most for those in multiemployer plans.

Union miners are among the 10.4 million Americans with retirements tied to multiemployer pension plans, the large investment pools considered low risk because they don't rely on a single company for financing.

Multiemployer plans provide pension portability, allowing participants to accumulate benefits earned for service with different employers throughout their careers.

She also negotiates with regulatory agencies on behalf of employers and multiemployer plans to prevent the assessment of penalties and excise taxes or the disqualification of plans.

Additionally, we believe that references to coverage offered «through another group health plan» would also include coverage offered in connection with an employee organization and joint board comprised of equal employer and employee representatives (multiemployer plan).