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Mobbed Up! The Forgotten History of William McCarthy and Boston Teamsters Local 25: A Rank-and-File Perspective

Mobbed Up! The Forgotten History of William McCarthy and Boston Teamsters Local 25: A Rank-and-File Perspective
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PBGC Issues Guidance on New Special Financial Assistance Program for Troubled Multiemployer Pension Plans | Proskauer Rose LLP


TBD, given 21 days warning, no later than February 11, 2023
22
6
Plans for which PBGC computes the present value of financial assistance under ERISA § 4261 to be in excess of $1 billion (in the absence of SFA)
TBD, given 21 days warning, no later than February 11, 2023
11
Proskauer Observation:
The dates set forth in the above chart are somewhat malleable in that the PBGC may accelerate the date for a priority group depending on the number of applications submitted and other factors.
The IFR also provides that an additional seventh priority group may be added, but the application deadline for such a group would be no later than March 11, 2023. The IFR allows for the processing of certain emergency filings beginning with priority group number two. ....

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Pension crisis has local impact - Keweenaw Report


Pension crisis has local impact
Pension crisis has local impact
3 weeks ago
2,138 Views
The Hancock City Council opened its meeting Wednesday night talking about a concerning letter from a money manager that will affect a small number of municipal employees. The Central States Pension Fund was begun in the 1950’s to oversee the obligations of the Teamsters union. Some Department of Public Works staff are members. The fund has been classified as “critical and declining.” Councilor Kurt Rickard says the details of the letter are shocking.
They’re supposed to be at an 80 percent funding level and this fund is at 19.5%. It says it’s in danger of going insolvent within three years. ....

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United Parcel Service (UPS) Q1 2021 Earnings Call Transcript


United Parcel Service (UPS) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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United Parcel Service (NYSE: UPS)
Q1 2021 Earnings Call
Good morning. My name is Steven, and I will be your conference facilitator today. I would like to welcome everyone to the UPS investor relations first-quarter 2021 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr.
Scott Childress, investor relations officer. Sir, the floor is yours.
Scott Childress
Investor Relations Officer
Good morning, and welcome to the UPS first-quarter 2021 earnings call. Joining me today are Carol Tome, our CEO, and Brian Newman, our CFO. Before we begin, I want to remind you that some of the comments we ll make today are forward-looking statements within the federal securities laws and address our expectation for the future performa ....

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