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Resolution on Pension Default, Not Pension Holiday

“Pension holiday” is actually pension default worded in a way that is intended to portray the default as causing little harm or even as something positive. So, CTU will remind members and the media to use accurate language (“pension default” not “pension holiday”) in oral and written communications regarding non-payment of the employer’s pension payment that has been required.

CTU stands with CSO strikers as Mabie and fellow board members wage war on pensions for musicians and teachers

CTU stands with CSO strikers as Mabie and fellow board members wage war on pensions for musicians and teachers

Wealthy CSO board treasurer James Mabie co-founded ChiArts high school—and both outfits refuse to fund workers’ pensions. CHICAGO—Finance executives have salivated for decades at the prospect of getting their hands on workers’ retirement nest eggs and the...