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Brown Cafe UPS Forum
UPS Retirement Topics
Dreaded Pension Funding Level Letter
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<blockquote data-quote="JonFrum" data-source="post: 733601" data-attributes="member: 18044"><p>Most union pension funds were well funded during the '90s. The huge Western Conference Fund was fully funded until just a few years ago. But things went south in 2000 and beyond with the stock market crashes.</p><p></p><p>Both the Central States SE and SW Areas Pension Plan and the seperate Central States SE and SW Areas Health & Welfare Plan have been monitored by the Court since 1982. A Court appointed monitor oversees every aspect of the operations and reports to the Judge quarterly.</p><p></p><p>Annual fund financial reports are available free (email registration required) here . . .</p><p><a href="http://freeerisa.benefitspro.com/" target="_blank">http://freeerisa.benefitspro.com/</a></p><p></p><p>Annual H&W financial reports are available free (email registration required) here . . .</p><p><a href="http://www.guidestar.org" target="_blank">http://www.guidestar.org</a></p><p></p><p>Annual actuarial information is available free here . . .</p><p><a href="http://askebsa.dol.gov" target="_blank">http://askebsa.dol.gov</a></p><p></p><p>Annual Endangered and Critical Status Notices are available free here . . .</p><p><a href="http://www.dol.gov" target="_blank">http://www.dol.gov</a></p><p></p><p>TDU has articles and reports as well . . .</p><p><a href="http://www.tdu.org" target="_blank">http://www.tdu.org</a></p></blockquote><p></p>
[QUOTE="JonFrum, post: 733601, member: 18044"] Most union pension funds were well funded during the '90s. The huge Western Conference Fund was fully funded until just a few years ago. But things went south in 2000 and beyond with the stock market crashes. Both the Central States SE and SW Areas Pension Plan and the seperate Central States SE and SW Areas Health & Welfare Plan have been monitored by the Court since 1982. A Court appointed monitor oversees every aspect of the operations and reports to the Judge quarterly. Annual fund financial reports are available free (email registration required) here . . . [URL]http://freeerisa.benefitspro.com/[/URL] Annual H&W financial reports are available free (email registration required) here . . . [URL]http://www.guidestar.org[/URL] Annual actuarial information is available free here . . . [URL]http://askebsa.dol.gov[/URL] Annual Endangered and Critical Status Notices are available free here . . . [URL]http://www.dol.gov[/URL] TDU has articles and reports as well . . . [URL]http://www.tdu.org[/URL] [/QUOTE]
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