reserves. That was the motivation behind the Employee Free Choice Act (EFCA), a major Democrat initiative for 2009, and one on which the SEIU spent tens of millions of its members' money.

Enactment of the EFCA (also known as "Card Check") would tie the hands of employers and employees, leaving many in a dire situation:

• Government arbitrators could force workers into underfunded pensions, putting their retirement at risk

• The average union pension has resources to cover only 62% of what is owed to participants

• Less than one in every 160 union-represented workers is covered by a union pension with required assets

• Under EFCA, government arbitrators can force businesses to fund failing pensions

• The PBGC already supports upwards of 30,000 pension plans

• Pension Benefit Guarantee Corporation (PBGC), the governmental pension insurer, will assume $86.7 billion in liabilities by 2015

• The PBGC limits the benefits in multi-employer plans to $13,000 a year per

. . . . retiree, compared with roughly $52,000 for single-employer plans.
• In 2007, the PBGC reported a deficit of $955 million, a $216 million increase from the previous year
• On July 23, PBGC agreed to take on $6.2 billion in pension liabilities from bankrupt auto supplier Delphi Corp.


The EFCA-slash-Card Check bill is a Democrat payoff to union bosses, who fear what will happen when the massive pension disparity between workers and bosses becomes widely known.

The bill could, quite literally, crush companies under the weight of unfunded pension liabilities, and further devastate the economy.

The Card Check bill must be opposed at all costs.