Taft Hartley Funds.
Fiduciaries of the fund.
Management trustees appointed by MCAMW to the Local 5 and Local 602 Taft Hartley funds serve as employer representatives and fiduciaries of the particular fund to which they are appointed.
Their primary objective is to protect the fund and administer it for the benefit of the participants and beneficiaries, not solely for MCAMW, an individual contractor, or the management side.
Service expectations.
MCAMW appointments are generally structured as one year appointments, subject to the governing collective bargaining agreement and the individual fund’s trust documents.
As an internal service expectation, MCAMW anticipates that a trustee will normally serve a minimum of three consecutive one year terms because of the substantial learning curve associated with Taft Hartley fund governance.
What the funds provide.
Comprehensive Healthcare
Retirement Security
Apprenticeship & Training
Supplemental Protection
Serve as a trustee.
