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Carpenter Forum

Let's be heard! A Mobilized Membership Is An Irresistible Force. This forum is dedicated to empowering and mobilizing the membership into an irresistible force through the free and open exchange of information, ideas and opinions in the belief that as Union members you have the right to information, to hear, and to be heard! A Mobilized Membership Is An Irresistible Force

    

 



Retirees and New York City District Council of Carpenters Welfare Fund Reach Settlement

On May 23, 2012, a group of retirees, by and through their attorney, The Law Office of Harvey S. Mars LLC, filed a lawsuit against the New York City District Council of Carpenters Welfare Fund, which they allege among other things, that the retiree class will be required to pay substantial monthly and other co-payments for what were previously free benefits and their participation in the plan will be terminated unless such premiums are paid.

 

On July 17, 2014 without mention of the lawsuit, the Board of Trustees, the NYCDCC Welfare Fund announce that a plan has been approved for the restoration of dental coverage, as well as a fifty percent reduction in retiree premiums.

Below is a letter dated July 18, 2014, from the attorneys representing the Welfare Fund to Judge Paul Oetken stating that the parties have reached a settlement of this matter in its entirety.

    


Union Rally: Monday July 21, 2014 at 8:00

Join us on Monday and lets make some noise and turn this job UNION!


There is a rally scheduled on Monday July 21, 2014 at 8:00, at 25 Broadway, Manhattan, across from the Financial Bull downtown.

 
Tribeca Floors is the target. They are installing wood flooring and sub flooring, paying their top guy $21/hr cash and no benefits and a regular worker gets $15 to $18 dollars/hr no benefits.

The Coordinator is Gerry Matthews, stop bye and show your support and receive your picket duty credit.
    



Breaking News

On behalf of the Board of Trustees, the NYCDCC Welfare Fund is pleased to announce that a plan has been approved for the restoration of dental coverage, as well as a fifty percent reduction in retiree premiums. The reduction of retiree premiums will take effect September 1, 2014, while the restoration of dental coverage will be effective October 1, 2014.

While the Benefit Funds Office is currently working on the implementation of these changes, what we can now report is that the new dental coverage will be through Aetna Dental Maintenance Organization (DMO), effective October 1, 2014. The plan will have no deductible and no annual limits, and will provide one hundred percent coverage for “preventive” and “basic” dental procedures. “Major” dental procedures will be covered at eighty percent. As we work through the implementation process and get closer to the effective date, we will be sure to provide you a full update and explanation of the plan changes, as well as contact information for Aetna.

Additionally, effective September 1, 2014, retiree premiums will be reduced by fifty percent. The reduced payments for retirees will be reflected in retiree statements once the reduction is officially implemented.

Lastly, it is important to note that the Board of Trustees also approved the implementation of a “Reserve Trigger Point.” To avoid financial issues in the future, it was decided that if the assets of the Fund drop below a certain level, the benefits reinstated under this agreement will be rescinded and only restored when the assets rise back to another predetermined level. The agreement states that, if reserves drop below seven (7) months, the dental benefits and the fifty percent reduction in retiree premiums will be rescinded on the first day of the next month. However, if the reserve then rises back to nine (9) months, the benefits will be restored on the first day of the following month. The current reserve level of the NYCDCC Welfare Fund is approximately twelve (12) months. The Benefit Funds Office will report the Welfare Fund Reserve number on an annual basis, or more frequently if required, on the NYCDCCBF website and in the Benefits Toolbox newsletter.

If you have any questions about these benefit changes, please feel free to contact the Benefit Funds’ Member Services Department at (800) 529-FUND (3863) or (212) 366-7373.

    


PLA's Approved: Delegate Body Meeting July 9, 2014

PLA's Approved: $7.54 Off A Rate B12A  

 

525 West 52nd St: 14 Story and 22 Story, 450,000 SF, 80% Market Rate, 20 % Affordable Housing, Approximately 200,000 Man Hours

225 East 39th St: 36 Story, 380,000 SF, 80% Market Rate, 20% Affordable Housing, Approximately 130,000 Man Hours

138 East 50th St: 50 Story, 257,000 SF, Hotel, Approximately 115,000 Man Hours

$4.00 Off A Rate B12A  

 

53 West 53rd St: 70 Story, 728,000 SF, Residential, Approximately 235,000 Man Hours

The recommendation of the Executive Committee was to approve the following Project Labor Agreements and to amend the future Manhattan Residential/Hospitality PLA's addendums to reflect a $4.00 deduction going forward from the current $7.54 deduction.

    



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