
AFSCME’s 1.6 million active and retired members have more than 1 trillion dollars in retirement assets invested in public pension systems across the country. The magnitude of these assets can make us a major player in the financial markets. We must work to ensure that this money is invested so that the retirement benefits promised to public employees are safe and secure.
Our program identifies where pensions are under attack and fights to protect your pension. We work to ensure that states maintain their pension plan and don’t try and push employees into a risky defined-contribution plan.
The best way to defend the pension systems is for AFSCME members to learn the facts about the value of traditional pensions systems.
Greed and corporate scandals have caused AFSCME public pension plans to lose billions in pension assets over the last five years. As shareholder activists we fight to restrain undeserved CEO pay and to make corporate boards more democratic.