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Teamsters Local 805

How are my Pension and Welfare Funds Run?

 

Your Pension and Welfare Funds are Taft-Hartley Multi-Employer Funds. This means that, by law, the money collected from your employer to provide your pension and health benefits is controlled by both Local 805 and the contributing employers.

 

The Pension and Welfare Funds are run by a Board of Trustees. The Board is made up of three Union Trustees and three Employer Trustees. Every decision made by the Board must be supported by at least two Trustees from each side. Currently the Board of Trustees is made up of the following people:

 

Union Trustees Employer Trustees
Sandy Pope Lenny Schwartz, Globe Wholesale
Dwayne Jenkins Artie Katz, NYS Wholesale Tobacco Association
Andrew Basile John Lagana, South Beach Novelty & Confectionary Co., Inc.

 

The day-to-day operations of the Funds are overseen by the Fund Manager who is appointed by the Board.

 

 

 

 

This website is the opinion of the Teamsters Local 805 Executive Board and not of the Teamsters Local 805 Welfare and Pension Funds Board of Trustees or the Fund Manager.