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After a period of time during 2009 - 2010, the International United Brotherhood of Carpenters decided to dissolve the local on December 14, 2010, and merge the members into Local Union 157, which currently covers the East Side of Manhattan. At a future date, another local may be created in Manhattan to take over the jurisdiction of Interior ...
The first ULLICO scandal occurred in 2002. In June 1998, the New York City local of the carpenters union hired Zenith Administrators, a ULLICO subsidiary, to oversee the union's $1.7 billion pension and benefit funds. In 2002, federal prosecutors and DOL investigated the company for allegedly obtaining the contract through McCarron's influence.
The N.Y.C. District Council of Carpenters maintains jurisdiction over carpentry, dock builder, timber man, millwright, floorcovering, specialty shops and exhibition work in the New York City area. As of 2015 the council oversees 7 member locals: 157, 740, 926, 45, 1556, 2287 and 2790.
The metro Detroit Carpenters Pension Trust Fund was approved Thursday for the special pension program, which was created by the $1.9 trillion American Rescue Plan of 2021 signed by President Joe ...
The new Medicare Advantage Plus Plan has for months raised concerns from the NYC Organization of Public Service Retirees, a group of ex-municipal workers who fear it could water down their health ...
Barons of Labor: The San Francisco Building Trades and Union Power in the Progressive Era. Champaign, Ill.: University of Illinois Press, 1987. ISBN 0-252-01345-X; Schneirov, Richard and Suhrbur, Thomas J. Union Brotherhood, Union Town: The History of the Carpenters' Union of Chicago, 1863-1987.
The 40-year experiment with a do-it-yourself model for the American pension system is failing. For instance, the median holding in a retirement account for all workers aged 55–64 is only $15,000 ...
Teacher Retirement System of Texas: $146,326 $146,326 79.7% 8.0% 7 New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement ...