News & Changes

Funds Update (February 2009)

Dear Participant:

Due to the unsettled economy, adverse fluctuations and decrease in value of our investments in the stock market, the Trustee's and Executive Director have begun a series of meetings with our professionals and consultants.  These meetings consist of reviewing our plan designs in the Pension, Welfare, Annuity Funds in order to adjust to current and reasonably forecast market conditions.

These are difficult times and we will act in the most prudent way to maintain the benefit levels and excellent history of our funds.

Thank you for your cooperation concerning these matters.

Sincerely,

For the Funds

The Board of Trustees

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