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Text of Treasury Approval of Benefit Reduction by Bricklayers and Allied Craftsmen Local 7 Pension Fund (PDF)
U.S. Department of the Treasury
[Official Guidance] Sept. 21, 2020 "Of the voters identified by the Fund who received a ballot, 96 (or 21.72% of all eligible voters who received a ballot) voted to reject the benefit reduction, 60 voted to approve the benefit reduction, and 286 did not return a ballot. Because a majority of voters identified as eligible by the Fund did not vote to reject the benefit reduction, the benefit reduction is permitted to go into effect." MORE >> |
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