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In late 1984, McCarron was named a trustee of the Southern California Pension Fund, the carpenters' union retirement fund. In late 1985 and early 1986, McCarron discovered that $130 million in loans to construction companies were delinquent but no action had been taken by the other trustees.
In 1948, he was elected business manager of Local 721 in Los Angeles, and in 1957 secretary-treasurer of the Los Angeles District Council of Carpenters. He served as a trustee for the Carpenters Health and Welfare Fund for Southern California, and as a pension trustee for the Carpenters Pension Trust for Southern California.
A struggling union pension fund for more than 22,500 metro Detroit carpenters and millwrights is getting a $635 million federal bailout, saving retirees from big cuts to their pension checks next ...
The Nor Cal Carpenters Union represents 22 unions, including Carpenters Local 152, and more than 36,000 members, according to its website. Show comments Advertisement
For years, the California Legislature was divided over what labor standards for workers to include in new housing legislation. That changed with support from the California Conference of Carpenters.
Struck the "wall-to-wall" reference as it appears to be largely either Anti-Union POV or sour-grapes with no researchable evidence it is actually occuring. The diappearance of a large amount of funds from investments made by the Southern California Carpenters Pension Fund appears to have some basis.
Organize or Die: Smash Boss Unionism - Build Union Power. Self-published, 1970. Johnson, Clyde. Millmen 550—A History of the Militant Years (1961–1966) of Local 550, United Brotherhood of Carpenters. Self-published, 1990. Kazin, Michael. Barons of Labor: The San Francisco Building Trades and Union Power in the Progressive Era.
While pension, IRA and 401(k) income is taxable, the state has an age-based exclusion of either $35,000 (62+) or $65,000 (65+). More From GOBankingRates 5 Ways To Earn Money by Dropshipping With ...