CSR | Political Activity

SEIU, Schwarzenegger agree to labor pact with pension concessions

Posted Oct 07, 2010 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The Schwarzenegger administration and Service Employees International Union Local 1000 have just announced a tentative labor agreement that includes higher employee contributions to their retirement plans and rolls back pension formulas for new hires to pre-1999 levels.

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