During the Feb. 26 edition of America’s Work Force, Tom Buffenbarger, former president on the International Association of Machinists and Aerospace Workers discussed problems with protecting worker pensions.
Buffenbarger spoke about how United Airlines filed for bankruptcy, because they couldn’t afford to pay out their workers pension plans, where a bankruptcy judge wiped the airline’s pension plan obligations, leaving the workers with nothing. He was talking about how unfair this is to the workers because they worked for, and earned these pensions just to have them stolen. Buffenbarger then expressed his worries for General Electric workers after their problems with the corporation investing worker pension money into businesses that ended up failing and losing the money. Lastly, he spoke about needing legislation to help protect worker pensions so they are not stolen by the company and given to the workers that earned them.
Jon Reiss, Cuyahoga County Veterans Service Commission executive director, spoke about the services that the CCVSC provides during his Feb. 26 appearance on AWF. Reiss said that the CCVSC is an emergency financial assistance program that helps veterans with mortgage, rent, car payments, food, and other monetary needs. They do not, however, help with taxes or insurance. Reiss mentioned that unless they already have a job, the veterans using the financial assistance program are required to attend the CCVSC job club to help them find a job and are required to maintain attendance until they are hired.