Puerto Rico Utility Wants To Drop Union Contracts, Pension
By Emily Lever ( January 4, 2024, 9:00 PM EST) -- The board overseeing Puerto Rico Electric Power Authority's reorganization is urging a federal judge to allow the utility to ditch its collective bargaining agreements with workers as well as pension obligations, saying the company has no way of making up the purported $1 billion payment shortfall in the current retirement plan....
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