The loss of pensions at Boeing marks a major setback for unions, as employers typically follow the example of other employers at the bargaining table in terms of what constitutes a reasonable demand. Since the financial crash, unions have given up pensions for new hires at large, profitable, industry trendsetters such as General Electric, Verizon, Honeywell and now, Boeing.
On Friday, yet another nail was put in the coffin of the defined-benefit pension in America. According to the Economic Policy Institute (EPI), the percentage of U.S. private-sector retirement plans with defined benefits fell by half between 1989 and 2010, from 42 to only 22 percent. Yet this type of plan is much preferred by unions and worker advocates over defined-contribution plans such 401(k)s, because if a company makes bad investment decisions, workers’ retirement benefits don’t suffer. (More)
Lawmakers come and go from North Carolina’s General Assembly and congressional delegation. Now some elected leaders wonder whether it’s time to change how to replace those who resign midterm or die in office.
The legislature directed an elections oversight committee to examine the rules for filling vacancies among the state’s U.S. House seats and to the state House and Senate, and report back by early next year.
Vacancies are getting attention as candidates and voters in portions of six Piedmont counties from Greensboro to Charlotte learn details about a special election to choose a successor to Democratic U.S. Rep. Mel Watt. He planned to resign Monday after more than 20 years in Congress and become chief of the Federal Housing Finance Agency, Watt’s office said. (More)
Due to weather related concerns, Edgecombe County Public Schools will operate on a 2-hour delay for staff and students on Wednesday, January 8, 2014.
Public Information Officer
Edgecombe County Public Schools
412 Pearl Street
Tarboro, North Carolina 27886
"Focused, Connected, Ready"
3 hour delay for Edgecombe County Schools for Tuesday January 7 but the TV says 2 hours. Got a call from the Edgecombe County Publics Schools saying 3 hours delay so I am going with the call I received and not the TV.
School opens at 11:00 AM.
Response: So what is “Our” Governor trying to say? That this was the Democrats fault? Damn! I bet some will even say it was “Our” President’s fault. LMBAO!
DURHAM Democrats renewed their call for the leader of the state health agency to be replaced after the department violated federal privacy rules by sending nearly 50,000 children’s insurance cards to incorrect addresses last week.
But Republicans, led by the governor, said the mistake is yet another example of how dysfunctional the Department of Health and Human Services had become under previous Democratic administrations.
“There’s been 10 years of operational neglect – not only in that department, but others,” Gov. Pat McCrory said Monday. “You can’t fix that in one year.” (More)