Results 1 to 3 of 3
Like Tree2Likes
  • 2 Post By x475

Thread: Central States Pension and H&W Funds Financial Reports

  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    37,160
    Rep Power
    853

    Default Central States Pension and H&W Funds Financial Reports

    September 12, 2013: The latest financial report (first quarter 2013) for the Central States Pension Fund is now available, and reflects assets of $18.3 billion as of March 31, 2013.

    This represents a $517 million gain in the first quarter, due to the big run-up in the stock market during that period. Since that time, the stock market leveled off, and bonds have done poorly, so the current balance is certainly lower. The fund relies overwhelmingly on investment returns to pay benefits, since Hoffa allowed UPS to leave the fund in 2007.
    Central States Pension and H&W Funds Financial Reports | Teamsters for a Democratic Union

  2. #2
    It's 5 PM somewhere!

    Join Date
    Dec 2007
    Local Union
    908
    Employer
    Retired
    Location
    state of confusion
    Posts
    11,046
    Rep Power
    813

    Default Re: Central States Pension and H&W Funds Financial Reports

    The fund relies overwhelmingly on investment returns to pay benefits, since Hoffa allowed UPS to leave the fund in 2007.

    Thank you , Hoffa. <----- sarcasm
    ABFwife and tiredseat like this.

  3. #3
    I Am Rocking Now

    Join Date
    Apr 2010
    Local Union
    89
    Employer
    Allied
    Posts
    8,422
    Rep Power
    278

    Default Re: Central States Pension and H&W Funds Financial Reports

    So when is the massive cut coming?

 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329