An essential resource for workers navigating their retirement and
pension options, from the labor organizer's perspective.
Researching retirement plans should not take the rest of your life, even
if deciphering the relevant paperwork seems to have become a full-time
job. Deliberately elaborate legalese is obscuring the efforts of
financial elites to seize control of workers' collective retirement
savings--and The Labor Guide to Retirement Plans is here to translate.
Neoliberal retirement reforms have escalated elites' efforts to replace
guaranteed workplace retirement plans with weak 401(k)-like savings
accounts and risky stock market investment schemes. The result is
arguably the largest source of labor value expropriation over the last
four decades. In light of all this, what do workers need to know as they
assess their future prospects--especially in terms of the security their
retirement plans may or may not bring? What should union activists keep
in mind as they push for the national and workplace reforms needed to
produce greater retirement security? This nuts-and-bolts book provides a
much-needed demystification of the retirement system. Even more than
that The Labor Guide to Retirement Plans enables us to take charge of
our own personal futures, as a first step towards taking back what
belongs to us all.