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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 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 ...
The Twin City Carpenters District Council was founded in 1915 to build strength for the Union Locals throughout the area. The Millwrights were already a part of the Brotherhood and additional crafts joined later: Pile Drivers in 1937, Floor Coverers in 1940, and the Lathers in 1979.
In 1993, the carpenters' pension fund made a large investment in a company which held televised boxing matches at a Palm Springs, California, hotel owned by the fund, and a $40 million investment in a company that supplied nearly all the concrete for one of Tutor's construction companies. The value of the latter investment declined by 31 ...
The WEP reduces Social Security benefits for individuals who get a pension from a job that didn’t require them to pay taxes into the program (despite having worked other jobs that did), while ...
Americans who receive pensions have a complicated relationship with the Social Security system due to a couple of federal rules designed to reduce excessive Social Security payouts: the Windfall...
The Construction Maintenance and Allied Workers Canada (CMAW) was officially formed in 2007 following an 11-year struggle [clarification needed] with their American-based international parent union, the United Brotherhood of Carpenters and Joiners of America (UBCJA).
The tax cuts targeted single-person households earning less than $75,000 and couples earning less than $150,000. Walz suggested paying for the tax cuts by increasing taxes for high-income earners.