In a letter to Participating Local Unions dated May 1, 2024, the Union Chairman outlines the challenges faced by the Trust in 2023 as well as the solutions implemented by the Trustees and service providers. Financial gains in 2023 offset losses in 2022, and the Trust’s strong financial position allowed the Trustees to improve benefits for current members and provide additional retirement security for more than 240,000 current retirees and beneficiaries.
Please click here to view the Union Chairman's letter.
