Monday, July 26, 2021

!!!!!WARNING!!!!! DIRTY DOUGY IS ONCE AGAIN SCREWING UBC RETIREES AND ORDERING UBC PENSION PLANS SWITCHED TO A COMPOSITE PLAN WITH A VARIABLE ANNUITY

                 

  THE VARIABLE ANNUITY MODEL CREATED FOR DIRTY DOUG BY  MILLIMAN MEANS NO MORE GUARANTEED PENSION .INSTEAD IF YOUR FUND TRUSTEES, HAND PICKED BECAUSE THEY ARE MORONS AND SUCK ASS,CONTINUE TO LOSE YOUR PENSION MONEY AND LOOT YOUR FUND BECAUSE WELL ....THEY ARE MORONS.. THEY WILL BE ALLOWED TO AUTOMATICALLY CUT YOUR MONTHLY CHECK WITH NO REVIEW,APPROVALS OR PROTECTIONS FROM THE FEDS.BETTER WAKE UP BOYS AND GIRLS AND STARTING FIGHTING THESE RATS.

IN VIOLATION OF ERISA THE UBC INTERNATIONAL RATS ARE ORDERING FUNDS ACROSS THE COUNTRY TO DUMP DEFINED BENEFIT PLANS AND REPLACE THEM WITH DEFINED CONTRIBUTION PLANS


 

YOUR PENSION CHECK  WILL BE BASED ON THE PERFORMANCE OF THE FUND AND FORCED "CORRECTIVE ACTION"

What’s more, if that plan falls short it will be required to take “corrective action. 

These actions might be as simple as contribution increases or reductions in future accruals, or changes in what are called “adjustable benefits,” such as early retirement subsidies. If harsher actions are needed, these may include reductions in COLAs, reductions in accrued benefits for workers, or, in even worst-case circumstances, reductions in benefits for retirees.

 YOU WILL ALSO LOSE THE PROTECTIONS FROM THE PBGC

 Lastly, such a plan, because it has  a structure for benefit cuts as needed, is not covered under the PBGC program — it neither pays premiums nor receives benefits.

MEANING IF THESE HAND PICKED MORONS LOSE YOUR ENTIRE FUND YOU GET NOTHING.THEY CANNOT EVEN DUMP YOU ON THE PBGC FOR THE SCRAPS THE PBGC WOULD HAVE GIVEN YOU 

 THEY ARE GOING TO FREEZE THE EXISTING DEFINED BENEFIT FUND AND MOVE FORWARD WITH A VARIABLE ANNUITY.THEY ARE ALSO LYING SACKS OF SHYTE WHEN THEY HAVE TOLD THOSE ALREADY RETIRED THIS WILL NOT AFFECT THEM

The GROW Act permits the creation of two plans out of a single, finite pool of assetsleaving neither planthe existing plan, nor the composite planwith enough money to pay promised benefits

 

The funding of the existing plan is reduced to 23% of incoming contributions, with 77% going to pay for new  plan benefits

 

 This new BS model incentivizes employers to leave the multiemployer plan system altogether without meeting their obligations to ensure existing pension promises are funded.


READ THE IBEW ACTUARIAL STUDY

HERE 

READ THE WESTERN DISTRICT TEAMSTERS OPPOSITION

HERE


 

 DEAR FEDS

BESIDES THE UBC INTERNATIONAL RATS HAVING NO LEGAL RIGHT TO ORDER INDIVIDUAL FUNDS WITHIN THE UBC TO DO SQUAT HOW HAVE MCCARRON AND HIS CRIMINAL SYNDICATE ALREADY CONVERTED HEALTHY UBC FUNDS TO COMPOSITE PLANS?? MULTIPLE UBC FUNDS HAVE BEEN CONVERTED WITH THE EASTERN ATLANTIC STATES AND THE SOUTHWEST FUNDS RIGHT NOW UNDER ATTACK

 

 

WHEN THE UNIONS DECIDED TO ROB UNION RETIREES TO COVER FOR THEIR LOOTING  AND MISMANAGEMENT OF OUR PENSION FUNDS THEY WROTE  WHAT WOULD BECOME THE MULTI EMPLOYER REFORM ACT AND THE GROW ACT

THEY USED UNION DUES AND BOUGHT AND PAID FOR UNION POLITICAL HACKS TO GET THE MULTI EMPLOYER REFORM ACT INTO LAW WHICH ALLOWED THEM TO CUT UNION RETIREES PENSION CHECKS.THAT IS EXACTLY WHAT THEY DID  

 

 

THE COMPOSITE PLAN BS NOW KNOWN AS THE GROW ACT ALLOWING THESE RATS TO ATTACK HEALTHY PENSION FUNDS HOWEVER HAS NOT BECOME LAW.

 

AND FOR THE RECORD BOYS AND GIRLS THE  UNION/UBC POLITICAL PUPPET WHO HAS PUT HIS NAME ON THE GROW ACT ALLOWING THE UNION CRIMINAL SYNDICATES TO ATTACK HEALTHY UNION PENSION FUNDS IS NONE OTHER THAN SPENCERS PAL AND JERSEY RAT DONNY "DOOLITTLE" NORCROSS

 

I GUESS IT WAS WORTH ALL THAT MONEY THE UBC RATS SPENT PUTTING HIM IN OFFICE TO REPLACE ANOTHER SPENCER PAL AND CROOKED POLITICAL HACK ROBERT ANDREWS
 
SO ONCE AGAIN EBSA.HOW HAVE MCCARRON AND HIS UBC CRIMINAL SYNDICATE ALREADY CONVERTED HEALTHY UBC FUNDS TO COMPOSITE PLANS
 
 
MONEY TAKEN FROM YOUR WAGE TO PUT INTO A UNION PENSION INSTEAD OF GOING IN YOUR POCKET EACH WEEK IS CALLED DEFERRED INCOME.WITH A DEFINED BENEFIT FUND IN RETURN  FOR THAT DEDUCTION FROM YOUR CHECK YOU WERE GUARANTEED AT LEAST SOMETHING.
 
FROM A UNION PENSION FUND NOT MISMANAGED AND LOOTED BY UNION CROOKS LIKE MCCARRON YOU COULD LOOK FORWARD TO A MONTHLY RETIREMENT CHECK ALLEGEDLY FOR LIFE.
 
FROM A PENSION FUND THAT HAS BEEN LOOTED AND MISMANAGED BY CROOKS LIKE MCCARRON AND DUMPED ON THE PBGC OR VICTIMIZED BY THE UNION WRITTEN MULTI EMPLOYER REFORM ACT YOU WOULD GET AT LEAST SOMETHING FOR THE WEEKLY WAGES RIPPED OFF FROM YOUR PAY PACKAGE
 
SO WHAT ARE YOU FACING NOW??THESE RATS ARE GOING TO TAKE AN AMOUNT OF YOUR HOURLY WAGE AND YOU ARE GUARANTEED NOTHING.IF THESE HAND PICKED MORONS WHO HAVE A PROVEN TRACK RECORD OF LOOTING AND MISMANAGING OUR PENSIONS CONTINUE TO DO SO YOU GUARANTEED NOTHING

 
MCCARRON ORDERED THIS BS FORCED ON THE UBC MEMBERS OF THE PACIFIC NORTHWEST COUNCIL PENSION FUND
 
ASK THEM WHAT THEY THINK OF THIS NEW BS VARIABLE ANNUITY
 

ASK THEM IF THEY WERE TOLD THE SAME LIES EASTERN ATLANTIC STATES COUNCIL EST WILLIAM "ARSE FACE SPROULE AND SOUTHWEST COUNCIL EST DANNY "SUCK PUMP" LANGFORD ARE NOW TELLING UBC MEMBERS REGARDING HOW GREAT THE VARIABLE ANNUITY IS
 
ASK THEM HOW MUCH OF THEIR SCHEDULED RAISES THESE RATS HAVE TAKEN TO PUT INTO THE NEW FUND 
 
ASK THEM HOW MUCH THEY ARE TRYING TO TAKE NOW AS THEY NEGOTIATE A NEW CONTRACT AS WE SPEAK.
 
ASK THEM WHY DOUGY SUCK ASS EST EVELYN SHAPRIO IS TRYING TO  PUT LANGUAGE IN THE NEW CONTRACT ALLOWING THEM TO TAKE UP TO 50% OF FUTURE WAGES TO PUT WHEREVER THEY FEEL LIKE IT.TAKEN WITH NO NOTICE TO OR A VOTE OF THE MEMBERSHIP


  WHEN WILL THE ALARM GO OFF AND YOU WAKE THE HELL UP AND STOP MCCARRON AND HIS CROOKS FROM ROBBING YOUR PAYCHECKS,YOUR PENSIONS,YOUR DEMOCRACY AND YOUR DIGNITY

 THE WHOLE WORLD WANTS TO KNOW.WHY DO UBC MEMBERS LET A HANDFUL OF PUNKS LIKE MCCARRON AND SPENCER SCREW THEM SO BAD AND DO NOTHING.OK.NOT THE WHOLE WORLD... BUT EDNA


 
USING FOR SALE TO THE HIGHEST BIDDER POLITICAL HACKS LIKE SHERROD BROWN AND RICHARD NEAL UNION CRIMINAL SYNDICATES HAVE NOW FORCED THE TAXPAYERS TO GIVE  UNIONS BILLIONS IN A NO PAY BACK UNION BAILOUT AND GIVE AWAY. NOW THEY CAN CONTINUE TO LOOT AND MISMANAGE OUR FUNDS. NOW THEY CAN CONTINUE TO TAKE MILLION DOLLAR SALARIES AND FINANCE LAS VEGAS LOVE NESTS
 
THIS WAS NOT A RESCUE OF RETIREES. THIS WAS SO THE UNION CRIMINAL SYNDICATES DID NOT HAVE TO TELL THEIR RETIREES AND POTENTIAL MEMBERS THEY CUT THE PENSION CHECKS OF MILLIONS OF UNION RETIREES USING LEGISLATION THEY WROTE
 
 
 SEE THE LIST OF 48 UNION FUNDS THAT UNION CRIMINAL SYNDICATES APPLIED TO CUT OR DID CUT UNION RETIREES PENSION CHECKS TO COVER FOR THEIR LOOTING AND MISMANAGEMENT
 
HERE 

 
NOW THEY ARE TRYING TO RECOVER MARKET SHARE WITH LIES AND EXTORTION LIKE THE PRO ACT.DO YOU THINK THESE RATS WILL INFORM WORKERS IN THEIR ORGANIZING CAMPAIGNS THAT WILL BE TAKING A HUGE CHUNK OF THEIR WAGE PACKAGE FOR A PENSION THEY CANNOT GUARANTEE.DO YOU THINK THEY INFORM THEM THAT IF THEY CONTINUE TO LOOT AND MISMANAGE THE FUNDS THESE POTENTIAL MEMBERS WILL POSSIBLY GET? !!!!NOTHING!!!!  
IF THEY DO NOT INFORM THEM IS IT NOT FRAUD.
 
NOT TO WORRY THE UNION SELL OUTS AT THE NLRB WILL PROTECT THEM.
 
 
OK MAYBE NOT BUT THE NEW SECRETARY OF LABOR MARTY "McFLY" WALSH

DON'T HOLD YOUR HAND ON YOUR ASS

 THE REALITY IS IF YOU DON'T ACT FOR YOURSELF AND EACH OTHER YOU GET ASS CRAMPS WHILE DOUGY AND FRANKIE GO TO MONTH LONG UNION MEETINGS IN HAWAII
 
 
 

27 comments:

Anonymous said...

So while Team McCarron is out investing our retirement funds in high risk endeavours like hotels EAS Reps are telling members that our pension fund is going to be switched to a variable rate fund in 2023.

Hear Yee, Hear Yee, all members who are participants in the Philadelphia Pension fund, YOU are going to lose the double bubble, AND early retirement!!! So if you can’t go out early before 2023 your not going anywhere until your 58!!! Retire before 58, and your pension payment will be significantly reduced!!!

Hear Yee, Hear Yee, currently retired members, your Pension payment that is now fixed will be subject to change, ergo the term “variable” based on the fund managers performance. If the fund managers don’t hit their performance goals guess who sees their pension payment cut??? YOU!!!!! Guess who picks the fund managers?? The same trash eaters that picked Madoff to manage retiree funds in NY!!

Now is the time to get in the game and start fighting back, you only have everything you worked for to lose!! Don’t want to fight?? Then start eating cat food now so you know what it tastes like when your living in your car and that’s all you can eat…….

Reply

Anonymous said...

Makes you wonder was Coreyell forced to retire standing up to Doug and frank.

Anonymous said...

Please repost the laughenberg son details as he his a partner where our money is invested

Anonymous said...

But sprolles said. It was really good for us at the delegates meeting and we’re his friends !!!

Anonymous said...

POP goes the Philly double bubble

Anonymous said...

Shame on you McCarron

Anonymous said...

You should’ve heard the idiot that 253 represents us…..he was in the bathroom when they were discussing about our pension nj delegate meeting

Anonymous said...

Of course Coryell was forced out, so was Brooks. It was because they both had integrity and a SPINE... Unlike Billy the spineless Waterkot who played a role in backstabbing both of them. They were forced out because they tried to do right by the membership. They werent just Doogie ballwashers.

Anonymous said...

Our delegates are the ones in control. They will handle this for us.

Anonymous said...

sprolles going along with it selling his members out because he knows he is to fat and shitty of a carpenter to come out compete and finish his carrer. all you idiots that think this guy is for the members. please get ypur get examined

Anonymous said...

Keep the age its so hard when u get older

Anonymous said...

Its time to decertify!!!! What was the name of the attorney representing the carpenters trying to decertify?? I need to get an opinion.

Anonymous said...

I’m sorry no way UBC syndicate is going down these guys put out communications more and more they have state attorney at functions and rallies. Our money pays for their reign

Anonymous said...

So you are saying we cant fight city hall.

We are a union. Thats what we do.

But since we are not a union and have been diluted with book buying provisional hacks..

Decertifying is plausible. You do not need an attorney to do it.
There is enough documented evidence amoung the rank and file to merit the decert and dechartering.
We are in violation of every metric.

Anonymous said...

Decertification, sue to make dues payment optional, start submitting formal complaints to the relevant agency’s regarding financial malpractice, etc., etc.

Anonymous said...

So how does our pension get funded?

Anonymous said...

Not from your union dues. From contributions from your employer the union gives you nothing for being a member !!!

Silence Dogood said...

"contributions from your employer" This is misleading.It is NOT out of the employers pocket it is out of the workers pocket.Although the employer at the Unions demand sends the money to the pension fund instead of putting it in your paycheck it is the workers deferred wages.When these rats want more money for them to loot and mismanage they start whining and crying just before the members scheduled raise is due. They tell the same BS story and lie "the market is bad" so we need to steal part or all of the raise for the pension fund instead of your pocket. Once again that contribution increase does not come from the employers pockets but the workers.

Anonymous said...

We look forward to the voice of the brotherhood Trish Meuller. This women looks like jaws from moonraker she should be representing the International Firemen's Union demonstrating how she can chew through twisted metal in an emergency. Now that the way is clear for her taking over as politcal director and Kyle Markois is no longer an obstacle. It won't be long for another lawsuit sooner or later either way both of them are morons. Frank should spend some of the benefits money they are stealing to fix that women's teeth. Jesus Christ I am sorry to say I am a UBC member getting robbed daily by these punks and they can't fix her fooking teeth?

Anonymous said...

She is a money launderjng pos.

Im guessing no one ever read the endless info on her in this blogs archives.
Trish mueller is george norcross bagman. We are done.

Anonymous said...

It's one thing to call out the attacks on our pensions.

It's another to piss on the Butch Lewis relief for retirees and attack the PRO Act.

You've let your hate for your brother turn you into an anti-union hack.

Anonymous said...

State prison has good dentists Federal prison has better ones

Anonymous said...

Hey Doug Trumka is Dead should’ve been you

Anonymous said...

Trumka DEAD should’ve been you you POS

Anonymous said...

Wonder what they will find in Trumka closet

Anonymous said...

What a bunch of Trade Unionists you are all to stupid

Silence Dogood said...

Dear dumb ass making the Mike McCarron comments. Either you are to stupid to read and should take a few classes or you should take your BS elsewhere. FOR THE LAST TIME. I am not Mike McCarron. This is not Mike McCarrons blog despite the lies told in Federal Court by Chicken dick Decarlo and crooked teeth Shanley.Mike McCarron has not ever and does not post content here.You are right about one thing.I went along and was a believer for my first 19 years as a UBC member. I never would have believed that my own Union leaders were such low life scum and the UBC as well as other Unions were nothing more than criminal syndicates run by loud mouth punks and bitches.I also would never believe that so many of my fellow UBC members were such pussies and so stupid that they would let a handful of punks like McCarron and his cronies rob them for so long or that they actually fear these punks.Then I started looking and the more I looked the more I found what corrupt scum McCarron and his cronies really are. That was 12 years ago and I have worked everyday to expose them and work to get the Federal agency's who are supposed to protect us to bring them to justice
By the way you can take the Pro Act whose only intent is to overturn State Right to work laws and force workers to finance Union criminal syndicates against their will and stick it in your arse. You can also take the Hoffa Act which is not relief for retirees but a bailout of Union criminal syndicates and stick it up your arse. I will not call it the Butch Lewis Act because I believe Butch Lewis is rolling in his grave knowing they put his name on the Teamster written BS that bailouts the very scum bags who wanted to steal his pension.The only reason his name is on it is because Union whore Sherrod Brown did not want the well documented IBT criminal syndicates name anywhere near it and did not want the world to know the IBT wrote it. The other reason his name is on it is because his wife Rita who is a loud mouth douche and a nobody who became addicted to the attention and allowed them to use his name to promote this BS.Now that they are done using her I wonder if she is back in podunk as a nobody kicked to the curb after she served her purpose.

Based on your commentary either you have not read either legislation and should STFU or you do know what Union BS they are which makes you as big a scum bag as the likes of Dougy McCarron and Hoffa.Unions were created to help workers not to extort them.I have no problem with a bailout directly to retirees who Federal Agencies failed to protect and who allowed these Union criminal syndicates to rob them.However what morons gives 100 billion plus to Union criminal syndicates so they can continue to loot. What morons gives 100 billion plus to Union criminal syndicates without first removing the thieves and seizing their assets.Oh yes.That would be agency heads such as Borzi and Political hacks such as Sherrod Brown who have sold out their offices for 30 pieces of silver


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THIS BLOG CONTAINS WHAT THE UBC FEARS MOST.INFORMATION.THIS BLOG IS FOLLOWING THE COURT CASE IN THE PERSECUTION OF MIKE MCCARRON WITH DOCUMENTS FROM THE CASE DOCKET IN REAL TIME AS THEY ARE FILED. IT REVEALS HOW FAR THE UBC, DOUG MCCARRON AND THEIR HIGH PAID LAWYERS WILL GO TO DESTROY ANY MEMBER WHO TELLS HIM NO....COPYRIGHT BROTHERMIKEMCCARRON.COM 2013.