Pension Crisis

Pension Spat Features in Nursing Home Strike

How well funded the fund is depends on how you cook the books

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The union striking at five Connecticut nursing homes has a well-funded pension according to one measure reported to union members, but a much less favorable position according to federally-mandated calculations.

Service Employees International Union 1199 New England, which represents healthcare workers, has been striking against nursing-home operator HealthBridge at five Connecticut locations since July 3.