Abstract

Union pension power
Moberg, David | June 1, 1998 issue

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At first glance, unions appear to wield enormous pension clout. They play a role in pension fluids that are worth about $2.8 trillion and own about one-eighth of all corporate stock. But most of that money is in public-employee funds, where unions often have limited influence, though laws vary from state to state. About one-fifth of the total is in corporate-controlled single-employer funds, which unions can influence only through collective bargaining, usually on overall levels of funding and benefits.

See Also:

PENSIONS; COLLECTIVE bargaining; LABOR laws & legislation; STOCKS; INDUSTRIAL relations; EMPLOYEES
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