MR.FIENBERG.IN YOUR HANDS YOU HOLD THE FUTURE .HOW DOES IT FEEL??

 Mr. Feinberg..


IT IS YOU WHO HOLD THE FUTURE OF SOME MANY HUNDREDS OF THOUSANDS IN YOUR HANDS. AND YOU WILL BE ASKED TO REPEAT THIS PROCESS OVER AND OVER. IT WILL BE YOU WHO WILL PUSH THE FIRST DOMINO KNOWING FOR A FACT THAT WHEN YOU DO AND AFTER THE FIRST SO MANY WILL FALL  AND FOR SUCH A LONG TIME.DID YOU EVER THINK THAT SOMEDAY IT WOULD BE YOU TO DECIDE WHO IS TO OLD .TO SICK. TO YOUNG.WHAT A CROSS TO BEAR. TO CARRY. LEAVING SUCH SUFFERING IN YOUR WAKE.
 
HOW DID IT COME TO THIS??

YOU ARE BEING FORCED BY A SMALL GROUP OF  EVEN SMALLER MEN WHO HAVE CHOSEN TO WALK A PATH WHERE ONLY MONEY,GREED AND POWER COUNT. SMALL MEN WITH SALARIES SO HIGH THE AMOUNTS ARE ASTOUNDING. DOUBLE AND TRIPLE PENSIONS SO LARGE THEY CAN FEED NOT JUST A FEW BUT ENTIRE FAMILIES .WITH UNION MEETINGS IN MULTIPLE HAWAIIAN LOCATIONS THAT THE WORKERS WHOSE LABOR ARE PAYING FOR THESE TRIPS WILL NEVER SEE IN A LIFE TIME. LM2 UNION  FINANCIAL STATEMENTS  THAT DECLARE ALL "OFFICERS WILL FLY FIRST CLASS AIRFARE" AS THEY CUT DENTAL, EYE WARE AND HEALTH INSURANCE FOR FAMILY'S AND CHILDREN.UNION LM2 FINANCIAL STATEMENTS THAT DECLARE BESIDES THESE ABSURD WAGES YOU WILL ALSO BUY TEAMSTER PRESIDENT JAMES HOFFA JR AND THE TEAMSTER VP A HOUSE EACH YEAR AS YOU ELIMINATE HEALTH CARE COMPLETELY FOR RETIREES.LM2s  THAT SHOW LABORERS INTERNATIONAL PRESIDENT TERRY OSULLIVAN TAKING DISGUSTING AMOUNTS FROM HIS OWN UNION AND WITH HIS NAME ON THE ULLICO LM10 FOR $87,000 IN FEES,GOLF AND ENTERTAINMENT.The ULLICO LM10 THAT IS USUALLY 170-275 PAGES OF PAYOUTS AND KICKBACKS TO UNION OFFICERS..THE FAMOUS DOUG "UNDUE BURDEN ON THE TAXPAYERS" MCCARRON TAKING $545,000 IN WAGES AS HE COLLECTS HIS "TOOLS" PENSION WHILE WORKING.DIRTY DOUG FINANCIALLY AND PERSONALLY DESTROYING UNION MEMBERS WHO TOLD HIM NO TO HIS REQUESTS FOR CORRUPTION AS HE WAS DRIVEN AROUND IN A QUARTER MILLION DOLLAR BULLET PROOF CAR WITH A QUARTER MILLION  DOLLARS WORTH OF SECURITY PERSONNEL. THIS IS NOT THE PRESIDENT  OF THE UNITED STATES  BUT SOME PODUNK NUT SACK UNION OFFICER.

   Good God .Allowing these cuts will put almost a half million people in poverty. THAT  IS MINUS OF COURSE THE UNION(RATS) LEADERS,DIRTY POLITICIANS(RATS)  AND BUSINESS OWNERS(RATS) BEHIND THIS ATTACK AND WAR ON GOOD HARDWORKING AMERICANS.

      The group behind this is the NCCMP which is made up of Union International leaders directly responsible for the condition of the funds they claim to want Solutions for and not Bail outs for. Of course the theft of 50-60% from a retirees paycheck is "not a bail out". It is their "solution". The solution which includes the Blatant theft from those whom they have already robbed over and over and over.They have mismanaged funds. Violated their fiduciary duty and conspired to attack ERISA law so they could make high risk investments. The NCCMP has been traveling the world with EBSA Ass. Sec. Borzi since 2006 attending AEIP summits with AEIP and Canada's MEBCO. EBSA Asst.Sec Borzi has been presenting these private citizens High Ranking Decision Making Authorities representing the United States. How is this possible?

       Brussels, Paris, Boston, Barcelona and sunny Ft. Lauderdale Florida. The entire time conspiring with these entities to attack ERISA law so they could and did make these high risk investments. They have conspired to take the Fiduciary Power and Duty from Fund Trustees and giving it to fund managers such as Hamilton Lane whom they formed Fund of Funds with.

Department of Treasury Reopens Comment Period On Pensions Cuts

DEPARTMENT OF THE TREASURY
[Docket ID: TREAS–DO–2015–0009]
Multiemployer Pension Plan
Application To Reduce Benefits;
Reopening of Comment Period
AGENCY: Department of the Treasury.
ACTION: Notice of availability;
Reopening of comment period.

SUMMARY: On October 23, 2015, the Department published a notice of availability and request for comments regarding an application to Treasury to reduce benefits under the Central States,
Southeast and Southwest Areas Pension Plan in accordance with the Multiemployer Pension Reform Act of
2014 (MPRA). The purpose of this notice is to reopen the comment period and provide more time for interested parties to provide comments.

DATES: Comments must be received on
or before February 1, 2016.
ADDRESSES: You may submit comments electronically through the Federal
eRulemaking Portal at http://www.regulations.gov, in accordance
with the instructions on that site. Electronic submissions through
www.regulations.gov are encouraged. Comments may also be mailed to the
Department of the Treasury, MPRA Office, 1500 Pennsylvania Avenue NW.,
Room 1224, Washington, DC 20220.
Attn: Deva Kyle.

Comments sent via facsimile and email will not be accepted. Additional Instructions. All comments received, including attachments and other supporting materials, will be made available to the public. Do not include any personally identifiable information (such as Social Security number, name, address, or
other contact information) or any other information in your comment or supporting materials that you do not
want publicly disclosed. Treasury will make comments available for public inspection and copying on
www.regulations.gov or upon request. Comments posted on the Internet can be retrieved by most Internet search engines. FOR FURTHER INFORMATION CONTACT: For information regarding the application
from the Board of Trustees of the Central States, Southeast and Southwest
Areas Pension Plan, please contact
Treasury at (202) 622–1534 (not a tollfree
number).

SUPPLEMENTARY INFORMATION: The
Multiemployer Pension Reform Act of 2014 (MPRA) amended the Internal Revenue Code to permit a
multiemployer plan that is projected to have insufficient funds to reduce pension benefits payable to participants and beneficiaries if certain conditions are satisfied. In order to reduce benefits,
the plan sponsor is required to submit an application to the Secretary of the Treasury, which the Department of the Treasury (Treasury), in consultation with the Pension Benefit Guaranty Corporation (PBGC) and the Secretary of Labor, is required to approve or deny. On September 25, 2015, the Board of
Trustees of the Central States, Southeast and Southwest Areas Pension Plan Central States Pension Plan) submitted an application for approval to reduce benefits under the Central States
Pension Plan. As required by the MPRA, that application has been published on Treasury’s Web site at http://www.treasury.gov/services/Pages/ central-states-application.aspx.
On October 23, 2015, Treasury published a notice in the Federal Register (80 FR
64508), in consultation with PBGC and the Department of Labor, to solicit public comments on all aspects of the Central States Pension Plan application. The notice provided that comments must be received by December 7, 2015. This notice announces the reopening the comment period in order to give
additional time for interested parties to provide comments. Comments are requested from interested parties,
including contributing employers, employee organizations, and participants and beneficiaries of the Central States Pension Plan. Consideration will be given to any comments that are timely received by
Treasury on or before February 1, 2016.
Dated: December 7, 2015.
David R. Pearl,
Executive Secretary, Department of the
Treasury.
[FR Doc. 2015–31163 Filed 12–9–15; 8:45 am]
BILLING CODE 4810–25–P


What really is not surprising is that some UBC scum thinks stealing from the pension checks of almost half a million retirees if amusing and something to joke about.

 As you make your stupid jokes remember this:

In the recent article on Labor Notes "Teamster Retirees Demand Trustees 'Stop the Rush' to Slash Pensions in Half" http://www.labornotes.org/2015/12/teamster-retirees-demand-trustees-stop-rush-slash-pensions-half
they mention

" Organizers for Teamsters for a Democratic Union report anger and activity among retirees on an unprecedented scale".
 Go ask you question to one of them . It would be funny to watch some 80 year old retiree slap the sheet out of you

Also Remember Dirty Doug did not write that letter and give the NCCMP rank and file money for nothing.

"Won’t Be the Last’

Scheidt warns of the writing on the wall for other workers. “If they get by with doing this to us, look out,” he said. Central States is the first pension fund to use the MPRA. “We may be the first but we won’t be the last.”

“We are the largest multiemployer fund that is in trouble,” Wyatt said. “We’re going to be the template for all funds to follow.”

   

Doug McDirty and Spencer the Beak Go After Albany and New Jersey Pension Funds

Be advised .McCarrron and Spencer are seizing control of the New Jersey Council and Albany Pension funds. 

The New Jersey and Albany funds are to be merged with the Empire Pension Fund which is not supposed to exist because the UBC told the IRS they dissolved the Empire Council and merged all the funds with the Northeast Council Funds. Now instead of Albany and the Empire fund being merged with the New Jersey fund they are being merged with the Empire Fund which according to the notice will be renamed the Northeast Carpenters Pension Fund. Does this make any sense. Only when you know that Doug McCarron and Frank Spencer along with some hack from California (the CEO of the AGC) who has nothing to do with a NY fund are Empire fund trustees. To round it off a few mindless clowns from upstate, such as Mike Shanahan from Local 291,were made Empire trustees, I wonder which investments demands the NJ Trustees refused to make.
      The main point here for "just me" anyways since it is why "I" am in wonder is why did they take the Albany Fund(a legit fund) and then Take the New Jersey Fund(a legit fund) and out them both in the Empire Fund(questionable fund due to the Empire Council being dissolved many years ago ) which was said to have been merged with the New Jersey Fund at the time the Empire Council was dissolved.(maybe this was a misunderstanding on my part) So who will be the new fund renamed "The Northeast Carpenters Pension" fund Trustees. Who will be the new funds renamed "The Northeast Carpenters Pension" funds lawyers and so on and so forth. Will it be Doug McCarron ,Frank Spenser and the Empire Crew. Will it be the New Jersey Fund crew. I am fairly sure it will not be the Albany crew. Will it be a combination of all the Union and Employer Trustees from each of the 3 funds??
        I suppose the confusion begins here. On August 16 ,2011 John Ballantyne who on that DATE was the President of the New Jersey Regional Council (Just Renamed The Northeast Council) and Mike Capelli who on that date was EST of the New Jersey Regional Council (Just Renamed The Northeast Council) signed a Terminal LM2 as Pres and as EST . The Forms Question 10 asked the following question
10. During the reporting period did the labor organization create or participate in the administration of a trust or a fund or organization, as defined in the instructions, which provides benefits for members or beneficiaries? ANSWER WAS YES!!! In Part 69. ADDITIONAL INFORMATION SUMMARY It declared:Questione10: Did the labor organization create or participate in the administration of a trust or a fund or organization, as defined in the instructions, which provides benefits for members or beneficiaries Question 10: EMPIRE STATE CARPENTERS PENSION FUND 270 MOTOR PARKWAY HAUPPAGE, NY 11788 PURPOSE PENSION BENEFITS TO PARTICIPANTS AND BENEFICIARIES IRS FORM 5500, EIN# 11-1991772 PLAN 001 EMPIRE STATE CARPENTERS WELFARE FUND 270 MOTOR PARKWAY HAUPPAGE, NY 11788 PURPOSE WELFARE BENEFITS TO PARTICIPANTS AND BENEFICIARIES IRS FORM 5500 AND 990, EIN# 11-1582767 PLAN 501 EMPIRE STATE CARPENTERS ANNUITY FUND 270 MOTOR PARKWAY HAUPPAGE, NY 11788 PURPOSE ANNUITY BENEFITS TO PARTICIPANTS AND BENEFICIARIES IRS FORM 5500, EIN# 11-2824705 PLAN 001 EMPIRE STATE CARPENTERS LABOR MANAGEMENT COOPERATIVE FUND 270 MOTOR PARKWAY HAUPPAGE, NY 11788 IRS FORM 990, EIN# 11-3476974 NAS INFORMATION RESOURCE, INC 91 FIELDCREST AVE, 2ND FLOOR EDISON, NJ 08837 IRS FORM 990, EIN# 45-0637407YES!!!!!!Question 15: During the reporting period did the labor organization acquire or dispose of any assets in a manner other than purchase or sale? THE ANSWER WAS YES!!!!!! AND In Part 69. ADDITIONAL INFORMATION SUMMARY It declared:Question 15: All of the assets of the Empire State Regional Council were transferred to the Northeast Regional Council of Carpenters as of 4/5/11 upon termination of the Empire Regional Council
                          Go Here to review the entire Pension 
           Fund 5500. Use the EIN with no space
 https://www.efast.dol.gov/portal/app/disseminate?execution=e1s1
                      

                           

McCarron and Spencer make themselves Trustees