Retirement
- Workers, Unions and Pension Funds Eighty-three percent of union workers have retirement plans, compared to only 44 percent for nonunion workers. But union workers are also far more likely to have defined benefit pension plans – 69 percent, compared to just 14 percent for nonunion workers.
- Pension Protection Act of 2006 On August 17, 2006, H.R. 4, known as The Pension Protection Act (PPA) of 2006, was signed into law. The PPA will eventually affect the funding and regulation of almost all forms of retirement and deferred compensation plans, with most changes becoming fully effective by 2008.
