Todays news from Sen. Bernie Sanders (I-Vt.): More Corporations Screw Workers: AOL angered employees and shined a light on a practice seeping its way into corporate America that threatens to rob workers of thousands of dollars in 401(k) savings. AOL this week switched to an annual lump sum contribution to employees’ savings plans rather than distributing the money throughout the year with every paycheck as it had done before. So anyone who leaves midyear wont see any of the pay. Companies such as Charles Schwab and Advocate Health Care handle 401(k) matches in similar ways. IBM made its change in late 2012 spurring a stern letter from Sens. Bernie Sanders and Patrick Leahy. They asked IBM to reconsider its decision, The Washington Post reported. Sanders Visits Cuba: Sen. Sanders is traveling in Cuba this weekend to discuss human rights, trade, and health care issues as part of a congressional delegation, MSNBC, WCAX-TV, New England Cable News and Martí Noticias reported. The delegation on Saturday will visit the controversial military prison at the Guantánamo Bay Naval Base. Continue reading here: sanders.senate.gov/newsroom/newswatch/020814
Posted on: Sat, 08 Feb 2014 14:25:29 +0000
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