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Welfare Funds--Here To Stay.

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  • معلومة اضافية
    • الموضوع:
      UNITED States
    • نبذة مختصرة :
      The article focuses on company-sponsored welfare fund in 1949, which according to the author will definitely stay despite the issues it is facing. Company-sponsored welfare plan first came into existence after the passage of the Social Security Act in 1935 and it saw growth after the Stabilization Act of 1942 capped wage and salary hikes. The International Ladies Garment Workers, United States Steel and Bethlehem Steel are some of the companies providing some sort of welfare fund for its workers, which includes health and death benefits.