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.

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 ...

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.