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Legal protections in jointly administered pension plans
Question and answer from the Institute of Life Insurance explain protections under Taft Hartley Act 1947. Key rules include separate trust funds, trust for employees, written employer agreement, equal union representation, an impartial umpire for deadlocks, and annual trust fund audits. A free handbook is available from the Institute at 277 Park Avenue New York. How many American workers are covered by insured pension plans?
MENTIONED IN THIS ARTICLE
Institute of Life Insurance
Park Ave
N.Y
Park Avenue
New York
N. Y