Reply – IS IT LEGAL FOR THE UNION TO TAKE AWAY A CARPENTERS PENSION MONEY?
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IS IT LEGAL FOR THE UNION TO TAKE AWAY A CARPENTERS PENSION MONEY?
— by bulldog88 bulldog88
Here Is A QUESTION.....Can Anyone Answer?.....(1) JOE CARPENTER Is A Member Of The New York Carpenters Union....JOE Has 4 Pension Credits.....(2) JOE Has Seen Difficult TIMES.....(3) The Estimated VALUE Of 4 Pension Credits Is About $40,000 DOLLARS???....That  Money Was Put Into The Pension Fund On JOES Behalf For Work He Has Done As a UNION CARPENTER......The LAST 5 Years Have BEEN HARD ON JOE......He Has Been On The OUT OF WORK LIST....And Is LUCKY If He Gets a FEW JOBS EVERY YEAR,,,,,,,iN THE Year 2008 Joe Had 280 HOURS OF WORK.......IN the Year 2009 JOE HAD 296 Hours Of Work......In The Year 2010 JOE HAD 299 Hours Of Work.......In The Year 2011 JOE HAD 255 Hours Of Work.....In The Year 2012 JOE HAD 284 Hours Of Work.......THE UNION THEN SENT JOE A LETTER.....Stating That HE WILL LOSE ALL HIS PENSIONS CREDIT FOR (LACK OF WORK).......The CARPENTERS UNION HAS A RULE....That A Carpenter Needs 300 HOURS OF WORK EACH YEAR.........AND AS YOU CAN SEE,JOE HAS UNDER 300 HOURS OF WORK For The Last 5 Years......So The RESULT IS.......(1) JOE WILL NOW LOSE ALL 4 PENSION CREDITS....(2) Those 4 Pension Credits Are Worth About $40,000........(3) THE CARPENTERS UNION WILL KEEP THAT MONEY....AND JOE WILL GET $NOTHING!!!!....(4) IS IT LEGAL FOR THE CARPENTERS UNION TO DO THIS???????....HOW CAN A CARPENTER LIKE JOE EVER GET ANY PENSION CREDITS IF THE UNION HAS A POLICY LIKE THIS?.....AND BEING ON THE OUT OF WORK LIST MAKES IT ALMOST IMPOSSIBLE BECAUSE SOME MEMBERS ARE ON THE LIST FOR MANY MONTHS AT A TIME.......ALSO~~~>>> WHERE DOES THIS MONEY GO?........HOW MANY MEMBERS HAVE LOST THEIR PENSION CREDITS?......IF THE UNION HAS BEEN ENFORCING THIS POLICY FOR YEARS.....WE COULD BE TALKING ABOUT HUNDREDS OF MILLIONS OF DOLLARS?