The Pension Benefit Guaranty Corp. awarded $635 million to a struggling multiemployer plan facing insolvency. The special financial assistance, or SFA, will go to the Carpenters Pension Trust Fund ...

$635 million federal bailout to save 22,500 carpenters from pension check cuts. ... More: Metro Detroit union sank $100M+ into risky deals — now retirees could pay the price.

Judith T. Belmont - - February 23, 2019, age 71 of Beverly Hills, MI. Beloved wife of the late Robert for 50 years. ... Published in The Detroit News, Detroit Free Press.

The Detroit Carpenters Pension Trust Fund had dropped to 34.3% funded at the end of 2022, in part because of a decade-long downturn in the number of man-hours the union's members worked on ...