![]() |
Tuesday, August 24, 2004 |
Read past iMail | Email your opinion | Visit www.goiam.org | Print-Friendly version | Sign up for iMail |
Illinois County Plans to Sue Maytag
Warren L. Mart Lee Pearson Dave Ritchie Robert V. Thayer Robert Roach, Jr. Lynn Tucker Robert Martinez James Brown |
Workers Protest OT Regs Outside Labor Dept.Nearly a thousand workers rallied outside the U.S. Department of Labor yesterday, protesting the Bush Administration’s new overtime regulations, which could cost as many as 6 million workers their overtime pay. Carrying signs such as “Bush Thinks Workers are Worth-Less” and “President Bush – Hands Off My Overtime pay,” protesters called on Congress to repeal the regulations, which went into effect on August 23. “The fight is not over yet,” said Republican Sen. Arlen Specter of Pennsylvania, who along with Democratic Sen. Tom Harkin of Iowa and AFL-CIO President John Sweeney, pledged to continue to fight to have the new regulations changed. “History will record that on August 23 in the year 2004, America’s workers suffered the single biggest pay cut ever – since the founding of our country,” said Sweeney. “If employers no longer have to pay time-and-a-half for overtime work, they will have an incentive to demand longer hours instead of creating more jobs, taking money from the pockets of middle-class working families,” said Harkin. IAM Takes Pension Fight to CourtIn the high-stakes fight over pension plans at bankrupt United Airlines, attorneys for the company claimed the airline was using its “best business judgment” when it decided to suspend required funding for employee pension plans. The claim outraged IAM members attending last week’s bankruptcy court hearing in Chicago. “It is United's ‘business judgment’ that put this company into bankruptcy in the first place and it is because of United's ‘business judgment’ that an independent trustee should be appointed,” said Randy Canale, President of District 141, representing more than 30,000 active and retired IAM members at United. A hearing on the IAM's request for a trustee is scheduled for September 17, 2004. Attorneys for the airline also admitted in court that it was United Airlines, and not its lenders, as first reported, who proposed the suspension of pension payments as part of an amended Debtor in Possession (DIP) financing arrangement. Despite vigorous opposition by the IAM, AFA and the Pension Benefit Guaranty Corporation, the court approved the carrier's latest financing package. Judge Wedoff indicated that the financing agreement, in and of itself, did not prohibit the company from making the required pension contributions. The judge also warned that if United management failed to include its employees, their unions and creditors in their decision making process, he may allow other interested parties to present competing restructuring plans for the airline. Judge Wedoff stressed the critical role the employees play in the survival of the airline and the importance of the IAM and its members’ participation in finding solutions to challenges facing United. Report Shows Increased Outsourcing by StatesIn a new study done for Accenture, an outsourcing provider, national and state governments are rapidly joining the private sector in outsourcing key human resources and other functions.
|
|