Scribd Logo
Upload

Welcome to Scribd!

  • Proposed Pension Plan Cut Applications

    Uploaded by

    LaborUnionNews.com
    998 views6 pages
    Under the Multiemployer Pension Reform Act, the trustees of certain underfunded multiemployer plans that meet the definition of being in “critical and declining” status have almost unprecedented authority to cut retiree pension benefits. However, before cuts are made, the trustees must apply to the U.S. Treasury Department. Here is the list of those pension plans that have applied to cut benefits.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Under the Multiemployer Pension Reform Act, the trustees of certain underfunded multiemployer plans that meet the definition of being in “critical and declining” status have almost unprecedented authority to cut retiree pension benefits. However, before cuts are made, the trustees must apply to the U.S. Treasury Department. Here is the list of those pension plans that have applied to cut benefits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    998 views6 pages

    Proposed Pension Plan Cut Applications

    Uploaded by

    LaborUnionNews.com
    Under the Multiemployer Pension Reform Act, the trustees of certain underfunded multiemployer plans that meet the definition of being in “critical and declining” status have almost unprecedented authority to cut retiree pension benefits. However, before cuts are made, the trustees must apply to the U.S. Treasury Department. Here is the list of those pension plans that have applied to cut benefits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    PLANS THAT HAVE APPLIED TO CUT BENEFITS

    UNDER THE MULTIEMPLOYER PENSION REFORM ACT


     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

    Alaska    
    MPRA  Alaska  final  authorization  6-­8-­
    Ironworkers    
    Click  here  for   2018.pdf  
    Pension  Plan,   12/19/2017   See   03/05/2018   Approved  
    Application ,  
    Second   Comments  on  
     

    Alaska_approval_letter.pdf  
    Application   Application  

     
    Alaska    
    Click  here  for  
    Ironworkers   03/30/2017   See   06/12/2017   Alaska_Withdrawal_Letter.pdf Withdrawn  
    Application
     

    Pension  Plan   Comments  on  


     

    Application  

    Automotive   Click  here  for  


    Industries   the   09/27/2016     12/12/2016   Automotive  Industries  Notification  Letter.pdf   Denied  
    Pension  Fund   Application  

    Bricklayers  &  
    Click  here  for  
    Allied  Craftsmen  
    the   06/28/2016     09/15/2016     Withdrawn  
    Local  No  7  
    Application
    Pension  Plan  
     

    Bricklayers  And  
    Allied  
    Click  Here  for  
    Craftworkers   08/04/2016     10/14/2016     Withdrawn  
    Application
    Local  5  Pension  
     

    Plan  

    Central  States,  
    Click  here  for  
    Southeast  And  
    the   09/25/2015     02/01/2016   Central  States  Notification  Letter.pdf Denied  
    Southwest  Areas  
     

    Application
    Pension  Plan  
     

    IBEW  Local    
    Click  here  for  
    Union  237   09/28/2018     12/10/2018   IBEW_Local_237_Withdrawal_Letter.pdf Withdrawn  
    Application
     

    Pension  Fund   See  


     

    -­‐  1  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  


    PLANS THAT HAVE APPLIED TO CUT BENEFITS
    UNDER THE MULTIEMPLOYER PENSION REFORM ACT
     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

    Comments  on  
    Application  

     
    Intl  Assoc.  Of  
      IAM_final_approval_letter.pdf  
    Machinists  Motor   Click  here  for  
    03/29/2017   See   06/12/2017   ,   Approved  
    City  Pension   Application
    Comments  on   IAM  Notification  Letter.pdf  
     

    Fund  
    Application  

    Iron-­Workers-­Local-­17-­Final-­Approval-­
    Iron  Workers   Letter.pdf  
    Click  here  for  
    Local  17   07/29/2016     10/14/2016   ,   Approved  
    Application
    Pension  Fund   Ironworkers  Local  17  Pension  Fund  
     

    Notification  Letter.pdf  

    Ironworkers  
    Local  16   MPRA_IW16_Final_Authorization_9-­24.pdf  
    Click  here  for   Comment  on  
    Pension  Fund,   12/28/2017   03/12/2018   ,   Approved  
    Application Application
    Second   IW16_Approval_letter_8-­3-­18.pdf  
       

    Application  

    Ironworkers  
    Click  here  for   Ironworkers-­Local  16-­Pension-­Fund-­
    Local  16   03/26/2016     06/09/2016   Denied  
    Application Notification-­Letter.pdf
    Pension  Fund  
       

    Laborers  No.  
    Click  here  for   Comment  on  
    265  Pension   07/31/2018   10/11/2018   MPRA_Withdrawal_Letter_to_Treasury.pdf Withdrawn  
    Application Application
     

    Plan  
       

    Local  805  Ibt  


    Pension  &   MPRA-­Final_Authorization_Letter_(002).pdf  
    Click  here  for   Comment  on  
    Retirement  Plan   02/23/2018   05/07/2018   ,   Approved  
    Application Application
    Second   Local_805_approval_letter.pdf  
       

    Application  

    -­‐  2  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  


    PLANS THAT HAVE APPLIED TO CUT BENEFITS
    UNDER THE MULTIEMPLOYER PENSION REFORM ACT
     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

     
    Local  805  Ibt    
    Click  here  for  
    Pension  &   03/22/2017   See   06/05/2017   Local805-­Withdraw-­Letter.pdf Withdrawn  
    Application
     

    Retirement  Plan   Comments  on  


     

    Application  

     
    Local  807  Labor    
    Click  here  for  
    Management   06/29/2018   See   09/10/2018   Local_807_Withdrawal.pdf Withdrawn  
    application
     

    Pension  Fund   Comments  on  


     

    Application  

    Mid-­Jersey    
    Trucking     Mid-­Jersey_Final_Authorization_Letter.pdf  
    Click  here  for  
    Industry  and   06/25/2018   See   09/10/2018   ,   Approved  
    application
    Local  701   Comments  on   Local_701_Approval_Letter.pdf  
     

    Pension  Fund   Application  

    New  York  State    


    NYST  final  approval  letter.pdf  
    Teamsters    
    Click  here  for   ,  
    Conference   05/15/2017   See   07/17/2017   Approved  
    Application NY  State  Teamsters  MPRA  Notification  
    Pension  &   Comments  on  
     

    Letter.pdf  
    Retirement  Fund   Application  

    New  York  State  


    Teamsters  
    Click  Here  for  
    Conference   08/31/2016     12/21/2016   NYST  Withdrawal  Letter.pdf Withdrawn  
    Application
     

    Pension  &  
     

    Retirement  Fund  

     
    Plasterers  &  
      CM94_Final_Authorization_Letter.pdf  
    Cement  Masons   Click  here  for  
    03/30/2018   See   06/18/2018   ,   Approved  
    Local  94  &   Application
    Comments  on   CM_94_Proposal_Approval_Letter.pdf  
     

    Pension  Fund  
    Application  

    -­‐  3  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  


    PLANS THAT HAVE APPLIED TO CUT BENEFITS
    UNDER THE MULTIEMPLOYER PENSION REFORM ACT
     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

     
    Plasterers  Local    
    Click  here  for  
    #82  Pension   03/28/2018   See   06/11/2018   Local_82_Proposal_Approval_Letter.pdf Approved  
    Application
     

    Plan   Comments  on  


     

    Application  

     
    Pressroom    
    Click  here  for  
    Unions  Pension   03/15/2018   See   05/31/2018   Withdrawal_Letter_10.2018.pdf Withdrawn  
    Application
     

    Trust  Fund   Comments  on  


     

    Application  

    Road  Carriers  
    Click  here  for  
    Local  707   03/15/2016     04/29/2016   Local  707  Notification  Letter.pdf Denied  
    Application
     

    Pension  Fund  
     

     
    Sheet  Metal  
     
    Workers  Local   Click  here  for  
    03/30/2018   See   06/11/2018   MPRA_Withdrawal_Notice_Executed.pdf Withdrawn  
    Pension  Fund   Application
     

    Comments  on  
     

    (OH)  
    Application  

    Southwest  Ohio  
    Regional  Council   Click  here  for  
    03/30/2017     06/16/2017   SWORCC  Withdrawal  letter.pdf Withdrawn  
    of  Carpenters   Application
     

    Pension  Plan  

    Southwest  Ohio    
    Regional  Council     SWORCC_Final_Authorization_Letter.pdf  
    Click  here  for  
    of  Carpenters   06/29/2018   See   09/10/2018   ,   Approved  
    application
    Second   Comments  on   SWORCC_Approval_letter.pdf  
     

    Application   Application  

    -­‐  4  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  


    PLANS THAT HAVE APPLIED TO CUT BENEFITS
    UNDER THE MULTIEMPLOYER PENSION REFORM ACT
     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

    Teamsters  Local  
    Click  here  for   Teamsters-­469-­Pension-­Fund-­Notification-­
    469  Pension   03/31/2016     06/22/2016   Denied  
    Application Letter.pdf
    Plan  
       

    Teamsters  Local  
    Click  here  for  
    469  Pension   12/28/2015     03/14/2016     Withdrawn  
    Application
    Plan  
     

     
    Toledo_Roofers-­
    Toledo  Roofers    
    Click  here  for   Final_Authorization_Letter.pdf  
    Local  No  134   06/25/2018   See   09/10/2018   Approved  
    application ,  
    Pension  Plan   Comments  on  
     

    Toledo_Roofers_Approval_Letter.pdf  
    Application  

     
    United  Furniture     UFW_Final_Approval_Letter.pdf  
    Click  here  for  
    Workers   03/15/2017   See   06/20/2017   ,   Approved  
    application
    Pension  Fund  A   Comments  on   UFW  Notification  Letter.pdf  
     

    Application  

    United  Furniture  
    Click  here  for  
    Workers   08/17/2016     11/04/2016   UFW-­Withdraw-­Letter.pdf Withdrawn  
    application
     

    Pension  Fund  A  
     

     
    Western  Pa  
     
    Teamsters  &   Click  here  for  
    09/24/2018   See   12/10/2018     In  review  
    Employees   Application
    Comments  on  
     

    Pension  Plan  
    Application  

     
    Western  States  
      MPRA_WSOPE_final_authorization.pdf  
    Office  &   Click  here  for  
    05/15/2018   See   07/27/2018   ,   Approved  
    Professional   Application
    Comments  on   WSOPE3_Approval_Letter.pdf  
     

    Employees  
    Application  

    -­‐  5  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  


    PLANS THAT HAVE APPLIED TO CUT BENEFITS
    UNDER THE MULTIEMPLOYER PENSION REFORM ACT
     
    Date  
    Application   Submit   Link  to  
    Plan   Comments   Treasury  Response  Documents   Status  
    Documents   Date   Comments  
    Due  By  

    Pension  Fund  
    Third  Application  

    Western  States    
    Office  &    
    Click  here  for  
    Professional   08/24/2017   See   11/06/2017   Withdrawal.ltr.Treasury.180326.pdf Withdrawn  
    Application
     

    Employees   Comments  on  


     

    Pension  Fund   Application  

    Western  States    
    Office  &    
    Click  here  for  
    Professional   02/22/2017   See   05/05/2017   WSOPE-­Withdraw-­Letter.pdf Withdrawn  
    Application
     

    Employees   Comments  on  


     

    Pension  Fund   Application  


    Showing  1  to  34  of  34  entries  
     

    -­‐  6  -­‐   SOURCE:  U.S.  DEPARTMENT  OF  THE  TREASURY  

    You might also like