Posts tagged Protecting Employees and Retirees in Business Bankruptcies Act of 2020
UDPATE -- Congress’s Assault on Federal Retirement and Compensation is an Assault on the Critical Government Services Americans Count On
UDPATE -- Congress’s Assault on Federal Retirement and Compensation is an Assault on the Critical Government Services Americans Count On

On Wednesday, April 30, the House Oversight and Government Reform Committee is proposing to cut $50 billion over the next ten years from the Federal Employee Retirement System (FERS) and make other changes that undermine our nonpartisan civil service.

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Government, Labor RightsFaraz KhanBudget Reconciliation, FERS, retirement, Protecting Employees and Retirees in Business Bankruptcies Act of 2020
IFPTE Endorses Nadler, Durbin Corporate Bankruptcy Reform Legislation
IFPTE Endorses Nadler, Durbin Corporate Bankruptcy Reform Legislation

In urging all House members and Senators to cosponsor the Protecting Employees and Retirees in Business Bankruptcies Act of 2020, IFPTE informed lawmakers that current bankruptcy laws, “permit, and even sometimes encourage employers to default on what has been earned by workers and abrogate hard-fought worker benefits won at the bargaining table, while at the same time awarding corporate executives with huge bonuses.”

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IFPTEProtecting Employees and Retirees in Business Bankruptcies Act of 2020, Nadler, Durbin, Legislation