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The Lilly Ledbetter Fair Pay Act of 2009 ( Pub. L. 111–2 (text) (PDF), S. 181) is a landmark federal statute in the United States that was the first bill signed into law by U.S. President Barack Obama on January 29, 2009. The act amends Title VII of the Civil Rights Act of 1964 and states that the 180-day statute of limitations for filing an ...
Background of the case. In 1979 Lilly Ledbetter, the plaintiff, began work at the Goodyear Tire and Rubber Company in its Gadsden, Alabama location, a union plant. She started with the same pay as male employees, but by retirement, she was earning $3,727 per month compared to 15 men who earned from $4,286 per month (lowest paid man) to $5,236 per month (highest paid man).
Lilly Ledbetter was a supervisor at Goodyear Tire and Rubber ’s plant in Gadsden, Alabama, from 1979 until her retirement in 1998. For most of those years, she worked as an area manager, a position largely occupied by men. Initially, Ledbetter’s salary was in line with the salaries of men performing substantially similar work.
However, even if you assume you won’t get benefits in this traditional way, you may be surprised to learn that there are other ways you might qualify for retirement benefits.
5 steps for managing your money in retirement. As you’re planning for your retirement, you’ll need to forge ahead as best you can. You won’t have the safety of a job to bolster your finances ...
401 (k) Another popular option for retirement saving is the 401 (k), which is established through your employer. The 401 (k) allows you to invest automatically straight from your paycheck, so many ...
The Goodyear Tire & Rubber Company is an American multinational tire manufacturer headquartered in Akron, Ohio. Goodyear manufactures tires for passenger vehicles, aviation, commercial trucks, military and police vehicles, motorcycles, RVs, race cars, and heavy off-road machinery. It also licenses the Goodyear brand to bicycle tires ...
Here’s how to invest your money after retirement so it can continue to last you through your golden years. 1. Calculate your retirement expenses. When you’re saving for retirement, you’re ...