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  2. $635 million federal bailout to save 22,500 carpenters from ...

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    The infusion will raise the pension fund's status to more than 60% funded, up from 34.3% funded as of 2022, according to Tom Lutz, president of the Michigan Regional Council of Carpenters and ...

  3. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.

  4. United Brotherhood of Carpenters and Joiners of America

    en.wikipedia.org/wiki/United_Brotherhood_of...

    The United Brotherhood of Carpenters and Joiners of America, often simply the United Brotherhood of Carpenters (UBC), [2] was formed in 1881 by Peter J. McGuire and Gustav Luebkert. It has become one of the largest trade unions in the United States , and through chapters, and locals , there is international cooperation that poises the ...

  5. Douglas J. McCarron - Wikipedia

    en.wikipedia.org/wiki/Douglas_J._McCarron

    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.

  6. IL should divert state money from East St. Louis to fund ...

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  7. Talk : United Brotherhood of Carpenters and Joiners of America

    en.wikipedia.org/wiki/Talk:United_Brotherhood_of...

    The $40 million dollar figure would actually appear to be an underestimate of the losses & the statement that it "disappeared" from the General Fund would appear to also be misinformation. The losses were suffered from the Carpenters Pension Trust Fund for S. Cal. and the UBC Pension Fund.

  8. Laborers' International Union of North America - Wikipedia

    en.wikipedia.org/wiki/Laborers'_International...

    In 1988, LIUNA established the Laborers' Health and Safety Fund of North America, which was a co-venture between labor and management to help improved health and safety for workers. [13] One year later, LIUNA locals in Baltimore and Washington, D.C., followed the example set by New York unions and instituted drug and alcohol rehabilitation ...

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