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Sep 11, 2022
AFL CIO Building located at 400 NE Jefferson Street in Peoria Illinois 61603
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AFL CIO Building located at 400 NE Jefferson Street in Peoria Illinois 61603
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Nov 06, 2022
AFL CIO Building located at 400 NE Jefferson Street in Peoria Illinois 61603
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Dec 04, 2022
AFL CIO Building located at 400 NE Jefferson Street in Peoria Illinois 61603
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1.7 Billion Bailout Article CLARIFICATION
Posted On: Jul 15, 2022

In the recent GCC/IBT Graphic Communicator there is an article titled "With $1.7 Billion Bailout, Biden Backs GCC Retirees". It has confused many of our retirees. 

This article states that it pertains ONLY to EMPLOYER CONTRIBUTED PENSION FUNDS, which are the only the following funds: 

Graphic Arts Joint Pension Fund

GCC/IBT National Pension Fund

GCIU Employer Retirement Fund "West Coast"

NOT THE TMRP aka "Inter-local Pension Fund"

Our pensions did not go to PBGC, so the statement "pensions restored and receive back pay" does not pertain to our members.

We should thank President Biden for supporting union pension fund benefits.  Let us keep this in mind next time we go to the polls. 

Please review your bank statements or your yearly tax statements if you are not sure which pension you receive on a monthly basis. The Local Office does not have records based on your monthly dollar amounts. 


 
 
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