Pension Fund On The Rise Again!

Finally! Some great news about the IUPAT Industry Pension Fund...straight from the desk of GP Jimmy Williams, Jr!

Highlights from Jimmy’s letter...

“Today, I am pleased to inform you that our Industry Pension Fund had a 9.8% return for the year ending 2023!

Over the course of the last 2 years collectively, we have EXCEEDED our hours expectation by close to 11 MILLION HOURS.

Because of our Rehabilitation Plan, EVERY PARTICIPANT WILL SEE AN ACCRUAL THIS YEAR.

We are on track to hit approximately 58 million work hours...This number exceeded our hours benchmark established during our rehabilitation plan...THIS IS DUE TO the continued strength of our ORGANIZING, the growth of our industry, and the massive federal infrastructure INVESTMENT FROM PRESIDENT BIDEN'S INFRASTRUCTURE BILL.

With the opportunities coming from the Bipartisan Infrastructure Bill, we have an opportunity to increase our work hours even further.”