Workers are organizing through unions and other organizations to improve their lives. Union representation provides a voice on the job and the opportunity to improve wages, benefits and working conditions.
If that fund collapses, Morgan is left with zero. “I stand to lose being independent and taking care of my family,” he told lawmakers on March 7. “I’m 67. Not too many people would hire a 60-some-year-old these days. I need my pension for food and medicine.