The Board of Trustees
Click on any question below that interests you to reveal the answer:
How are the Trustees selected?
Union Trustees are selected by the IAM; Employer Trustees are selected by the existing Employer Trustees.
What is the function of the Board of Trustees?
The Board of Trustees is responsible for setting the Fund's objectives, monitoring its investments, and determining eligibility for benefits.
What is the benefit of having some Trustees representing employers and some representing the IAM?
Multiemployer joint labor-management pension plans are required to have an equal number of Trustees from labor or the union, and management or the employers. The reason for this is to ensure that both sides are fairly represented and that participants are always the primary focus of the Fund.