Carpenter Union Pension Plan - Marketing World

The federal government is planning to pump $635 million into an ailing pension fund for unionized Michigan carpenters and millwrights, sparing more than 20,000 skilled trades workers from deep cuts to ... A struggling union pension fund for more than 22,500 metro Detroit carpenters and millwrights is getting a $635 million federal bailout, saving retirees from big cuts to their pension checks next ... President Joe Biden's administration on Thursday approved $635 million in financial assistance to bail out a Detroit-area carpenters pension fund, averting a projected 70% cut in benefits for the plan ...

Detroit Free Press: $635 million federal bailout to save 22,500 carpenters from pension check cuts $635 million federal bailout to save 22,500 carpenters from pension check cuts Detroit News: Feds set to pump $635M into ailing Detroit carpenters pension fund Crain's Detroit: Feds OK $635M bailout of Detroit area carpenters pension fund