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Midwest Coalition of Labor

What is the MCL? 

MCL is a non-profit coalition of unions dedicated to providing benefits to over 225,000 members. By working together to purchase benefits, they are able to achieve cost savings that allow unions to provide these benefits to their members at either no cost or heavily discounted rates.

By negotiating together cooperatively using economies of scale, unions are able to achieve greater cost savings together than individually. These savings allow us to provide benefits to members at little or no cost to them. These benefits are in addition to what you receive through your collective bargaining agreement and are for members only.

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How does Megent Financial fit in? 

Union membership offers you significant financial benefits. To help you get the most out of them, Megent Financial offers ways to familiarize yourself with the features as well as to learn about your options:
• In-person and virtual meetings for financial advice
• Educational seminars on how to make smart financial decisions

The closer you get to retirement, the more your financial needs will change, impacting the way you approach your benefits. Megent Financial can guide you along your financial journey, helping you take steps to achieve the growth you want and the protection you need.

We can help you:
• Understand your pension benefits at retirement
• Consider the tax implications of your benefits
• Optimally allocate your retirement funds
• Review spousal retirement options