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    pensions

    Nationwide strike against austerity measures in Belgium

    'Hands Off Our Pensions': Belgian Workers Take to the Streets in General Strike Against Austerity Measures

    It's the latest of several national strikes over the past year and a half against policies that one union leader said will heighten "inequality" and "poverty."

    Stephen Prager
    May 13, 2026

    Much of Belgium ground to a halt on Tuesday as tens of thousands of workers flooded the streets of Brussels as part of a general strike against government austerity measures.

    Schools closed, public transit operated with reduced service, and flights out of major airports were grounded as workers walked off the job. Instead, they marched through the capital clad in red and green, the colors of Belgium's major labor unions, with some carrying signs that read, "Hands off our pensions" and "We will not pay the price of their wars."

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    News
    labor
    Climate Activists Mark 10 Years Since Hurricane Sandy In New York

    Investing Public Pensions in Fossil Fuel and AI Companies Is More Than Amoral – It’s Bad Business

    Corporations are using the hard-earned money of today's workers to further their own goals—many of which are directly at odds with the goals, livelihoods, and futures of public employees.

    Liz Perlman
    Stephen Lerner
    Feb 18, 2026

    Our country faces an affordability crisis amidst fundamental attacks on democracy. Public employee pension plans can either be part of the solution or part of the problem.

    Late last year, New York City Comptroller Brad Lander recommended the city’s pension boards drop BlackRock and other portfolio managers that don’t have decarbonization plans up to the city’s standards. Lander’s initiative was blocked, and the editorial board of The Washington Post accused him of playing politics. But Lander argued that his recommendation was in line with the government’s fiduciary duty to protect the long-term value of pension funds, the retirement systems most public sector workers rely on—and have been paying into their entire careers. He’s right. In this critical moment in history, companies that are actively hastening climate change, threatening housing security, eliminating jobs and industries, and destabilizing our democracy and economy do not deserve our investment. Yes, they are acting immorally but they are also very bad investments with little promise of future returns for public sector workers. It’s not “playing politics” to refuse to fund their efforts to dismantle our society. That’s why we’re calling on pension boards across the country to take a hard look at their portfolios and make the smart business decision: stop investing in companies like this today.

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    Opinion
    labor
    Sen. Bernie Sanders

    Sanders Proposes 'Pensions for All' as Trump Aims to Open 401(k)s to Private Equity Vultures

    "We can no longer tolerate a rigged retirement system that allows the CEOs of large corporations to receive massive golden parachutes for themselves, while denying workers a pension after a lifetime of work," said Sen. Bernie Sanders.

    Jake Johnson
    Jul 17, 2025

    U.S. Sen. Bernie Sanders introduced legislation Thursday aimed at addressing the nation's retirement security crisis as President Donald Trump reportedly prepared an executive order that would give private equity vultures easier access to the 401(k) plans that have overtaken traditional pensions.

    Sanders' (I-Vt.) Pensions for All Act would require big corporations to either provide their workers with a pension plan that is at least as generous as the one enjoyed by members of Congress or "pay into the federal retirement system at a level that ensures all of their workers receive the same amount of retirement benefits" as lawmakers.

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    retirement

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