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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 ...
Paschal was the managing trustee of the NYC District Council of Carpenters Benefit Funds when it purchased and renovated the new headquarters building at 395 Hudson Street in NYC at a cost that exceeded $120 million despite a $73 million appraisal. The building is often referred to as Paschal's Palace. [3]
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. Champaign, Ill.: University of Illinois Press, 1987. ISBN 0-252-01345-X
The Iron Workers soon found themselves at war with the AFL and, in particular, the United Brotherhood of Carpenters and Joiners of America. The Carpenters claimed that pile-driving work, which was done primarily by Iron Workers in many areas, belonged to them and convinced the Building Trades Department to go along with them.
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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.
In May 2004, the Illinois House voted, 94–18, to close the Stratton Building, [6] but the bill was not called for a vote in the Illinois Senate. The building is also often the subject of articles in the Springfield State Journal-Register about its lights being on nearly around the clock, despite the absence of employees working in the building.
The Springfield Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties in Central Illinois, anchored by the city of Springfield. As of the 2000 census , the MSA had a population of 201,437 (though a July 1, 2009 estimate placed the population at 208,182).