NEA Folds Under Retiree Pressure

After extensive negotiations with organizations representing retired NEA staffers, the union agreed in writing to fund to 100 percent its liabilities under its new multiemployer pension plan (see Item #4 in yesterday’s communiqué). In exchange, the retirees agreed to give NEA 14 years to achieve full funding, and to refrain from any demonstrations, picketing or organizing activities at the NEA convention in Philadelphia next week.

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