Brown also pulled out of the New England Teamsters & Trucking Industry Pension Fund in 2012, by going into a hybrid arm of the New England Fund at a lower rate with a 10-year freeze on benefits. Priority will be given to those funds that are near to insolvency, those that have cut benefits, and that are especially large. (203) 624-0145 FAX. New England Teamsters Pension Fund - NETTIPF The fund is 55.5% funded. Get answers to Frequently Asked Questions. 193 0 obj <> endobj in Burlington, MA, under the direction of the Fund Manager, Charles Private Equity Funds, Controlled Groups, and Multi-Employer Plan Taylor Nicole Rogers in New York . Fax 781-345-4402 Toll Free Telephone Number 800-447-7709 Union Trustees Employer Trustees Sean M. O'Brien, Co-Chairman Frank Keller, Co-Chairman David Lucas Dennis McGuire George F. Belanger Robert Schaeffer He was closely connected to organized crime, and allegedly became president of the Teamsters based on the approval and support of the Cleveland Mafia.From 1972 until his death, he was also an informant for the Federal . Special Financial Assistance by PBGCWithdrawal Liability Condition Exception, Adjustment ofCivil Penalties for Inflation, Special Financial Assistance by PBGC (Final Rule), Adjustment of Civil Penalties for Inflation, Special Financial Assistance by PBGC (Interim Final Rule), Rescission of Pension Benefit Guaranty Corporation Rule on Guidance, Methods for Computing Withdrawal Liability, Multiemployer Pension Reform Act of 2014, Privacy Act Regulation; Exemption for Insider Threat Program Records, Administrative Review of Agency Decisions, Miscellaneous Corrections, Clarifications, and Improvements, Terminated and Insolvent Multiemployer Plans and Duties of Plan Sponsors, Owner-Participant Changes to Guaranteed Benefits and Asset Allocation, Mergers and Transfers Between Multiemployer Plans. beneficiaries. The Fund is qualified under IRC Section 401(a) and acts as a multi- employer, defined benefit plan within the meaning of IRC Sections 414(f) and (j). The Teamsters on Instagram: "TEAMSTERS MOURN LOSS OF LONG-TIME LEADER PDF New England Teamsters & Trucking Industry Pension Fund Contact Us. Burlington MA, 01803-4768. The SFA funds requested would be used to significantly improve the financial health of the Fund and, specifically, as envisioned under ARPA, would help ensure solvency at least through the year 2051. New England Teamsters Pension Fund 1 Wall Street Burlington, MA 01803-4768 Office Hours: Monday - Friday 8:00-4:00 Appointments Not Necessary. A number of Teamster funds will be eligible to receive relief under the act, including the Central States Pension Fund, the Western Pennsylvania Pension Fund, the New York State Teamsters Pension Fund, the Mid-Jersey Trucking and Local 701 Pension Fund, the New England Teamster & Trucking Industry Fund, and the Road Carriers Local 707 Pension Fund and some other troubled pension plans. If you have any questions, please contact the Fund Office.
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