ti w-members at mtg-thumbWhat you need to know about your pension and health benefits. And what the Redmond Slate isn’t telling you.

Click here to download: “The Facts About Your Benefits”

The Pension Fund has lost $183 million since Jan. 2008.
* Our Pension Fund is less than 50% funded.
* Our Pension Fund has a shortfall of more than $550 million.
* The shortfall was only $378 million when they cut our pension in 2006.

The Health Fund has lost $20 million in just 5 years.
* Our Health Fund’s assets have dropped from $32.2 to just $12.5 million.
* If losses continue at this rate, our Health Fund will be bankrupt in three years.
* Executive Board members have discussed raising the cost of retiree healthcare—a pension cut through the back door.

Click here to download official Pension Fund documents that show our fund has lost $183 million  from Jan 1, 2008 to June 30, 2009.

Click here to download a report by the fund’s own actuaries that says that $100 million of the Pension Fund’s shortfall is due to the fund’s poor investments, not the bad stock market.

Click here for more information on the $20 million in Health Fund losses and to download the Health Fund’s financial documents.



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