Negative Space: union pensions
- A free market in union representation
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Every monopoly is said to be special, that this monopoly is necessary. And yet every time, getting rid of the monopoly improves service, quality, and price. There is no reason for unions to be any different.
More Information
- Union vs. Private Pension Plans: How Secure Are Union Members’ Retirements? (PDF)
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“Our analysis finds that pension plans for the officers and staffs of unions were much better funded than those for the rank-and-file… Unions have also been caught using their funds to achieve their political ends… That diminishes investment returns and thus reduces resources available to pay promised benefits.” (Diana Furchtgott-Roth)
