DOL Launches Hispanic Worker Protection Program
June 12, 2003The program seeks to educate workers on their rights and responsibilities as well as provide an avenue for non-English speakers to report violations of laws.
Cheney Urged to Make Up Difference on Pensions
September 13, 2002Congressional Democrats are calling on Vice President Cheney to personally compensate hundreds of former Halliburton Co. employees who lost millions of dollars in pension payouts when Halliburton sold a subsidiary under Cheney's leadership, the Washington Post reports.
BLS Releases June Metro Jobless Rates
August 02, 2002 The Bureau of Labor Statistics reports that 268 metropolitan areas across the United States saw higher unemployment rates than they did the same time a year ago. The national unemployment rate for June was registered at 6 percent, with eleven metropolitan areas reporting rates of 10 percent or higher, and fifteen areas reporting rates of less than 3 percent.
Retirees Up in Arms Over Exec Pay
June 10, 2002Scandals like the one at Enron Corp. have riled retirees who lost their retirement savings while executives profited, the Wall Street Journal reports.
Enron Reverses Itself on Pensions
June 03, 2002After waffling on the issue in early April, Enron is now eager to pay an independent manager almost $6 million annually to handle employee-retirement plans, company lawyers told a federal judge last week.
DOL Says Enron Deceived It on Pension Plan
April 22, 2002The U.S. Department of Labor is suggesting that Enron deceived the government by never intending to keep its agreement to turn over control of its employee pension plans to an independent firm whose fees it would pay.
'Dead Peasant' Policies Under Scrutiny
April 19, 2002The Houston Chronicle shines a light on companies that routinely take out secret life insurance policies on the lives of their low-level employees and collect thousands of dollars when they die.
Labor Dept. Names Enron Fiduciary
March 20, 2002The U.S. Department of Labor has announced that State Street Bank and Trust of Boston will act as the independent fiduciary for the Enron Corp.'s retirement plans.
Enron Pension Fund May Need Assistance
March 01, 2002The executive director of the Pension Benefit Guaranty Corp. told Congress this week that Enron's pension plan is seriously underfunded, and the government might have to step in to pay guaranteed benefits.