In a letter to Contributing Employers dated May 6, 2024, the Employer Chairman announces that the Trust has established a $31.9 billion dedicated bond portfolio designed ensure retirement security for more than 240,000 retirees and beneficiaries through 2053. Strong investment returns in 2023 along with prudent financial management allowed the Trustees to make this strategic decision as well as benefit improvements for current participants.
Please click here to view the Employer Chairman's letter.
