Publisher's Synopsis
Excerpt from The New Student's Reference Work for Teachers, Students and Families, Vol. 3
A feature of the labor situation which deserves special mention is workmen's in surance (q. In the United States, outside of the industrial departments of the regular insurance companies, there are a large number of funds or societies maintained by labor organizations to insure members against sick ness, accident, death, Old age or other adversity. Some are conducted by workmen for mutual benefit without regard to common employment or connection with any particular union. Of these organizations three-fourths are managed by members, and the majority of the remainder managed by joint arrangement between em ployer and employe. Nearly all of these funds attempt to secure little more than to relieve immediate necessities. They include tool, unemployment, and marriage benefits.
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