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Tag Archives: Taft-Hartley

The Good Ole Boys Building Trades Presidents are Jettisoning the Defined Benefit Pensions –

Value on Display, run by the “good ole boys” club of senior leadership, will be responsible for the demise of the Taft-Hartley multi-employer pension plans in the trades. They have already run market share and organizing into the ground, so why stop there with this abysmal leadership! The “hot potato” of insolvent pensions will be… Continue Reading

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.50 Basis Points of $25 Million =

$125,000 Dollars. This is the approximate annual fee for the management of a $25 million account for a multiemployer pension plan. Multiemployer pension funds range from being very big too small. However, an account of approximately $25 million represents a typical sized account for many of the Taft-Hartley funds that are managed by investment companies…. Continue Reading

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Great Trustee or Not – The Grade

Trustees in the modern era 2006 to present – A- This class of Trustees has inherited the Fund and have to find solutions and/or tell the membership what is going on. What they inherited: • Approx. 120 of these 1400 total Taft-Hartley funds are for all practicality insolvent • Having to put additional contributions and… Continue Reading

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