Pension Trust
THE ALASKA TEAMSTER-EMPLOYER PENSION TRUST (ATEPT)
The Alaska Teamster-Employer Pension Trust is a multi-employer plan funded by employers whose Teamster employees, through the collective bargaining process, elect to participate in the plan.
The Plan Document specifically defines how benefits are earned, when they will be paid, and the amount of benefit accrual. The amount of retirement benefits an employee can earn is based on the hourly contribution rate, the length of time worked under the Plan, and the age at which the employee retires. Customer Service Representatives in Anchorage are fully trained to provide comprehensive information about the Plan. The Pension Office in Anchorage may be contacted at (907) 751-9700. You may use our toll free (800) 478-4450 number if you are calling from outside of the Anchorage area.
The Pension Plan is governed by the Employee Retirement Income Security Act of 1974 (ERISA), the federal law which establishes the administrative criteria for all qualified pension plans. A joint Board of Trustees directs the Alaska Teamster-Employer Service Corporation, as the contract administrator, to manage the fund. The Board of Trustees is comprised of an equal number of employer representatives and employee (Union) representatives, who establish the investment policy of the fund and the manner in which benefits will be provided. This Board is charged with the responsibility of administering the Plan to the mutual benefit of all participants while maintaining the financial soundness of the Plan.
The Pension Trust has a booklet available to participants which describes the benefit plan. Or visit the Pension and Welfare Trusts website at www.959trusts.com for more detailed information about the benefits and services available from the Pension Trust. If you have questions regarding your Pension Trust benefits, please email them at: benefits@959trusts.com.
Rick Boyles
Secretary-Treasurer
Events and Meetings
- 29th Annual Retirees Reunion The Alaska Teamsters 29th Annual Retirees Reunion is being held February 27th through March 1st in 2012.
- Membership Meeting Schedule
Monthly:
Anchorage:
February 2, 2012Fairbanks:
February 7, 2012Quarterly:
Clear - TBD
Healy - TBD
Kenai - TBD
Kodiak - TBD
Juneau - TBD
Valdez - TBD
Current News
- Teamsters Press Unionization Of Toll Drivers The Teamsters Union, as part of its national strategy to organize harbor truck drivers, has taken on Toll Global Forwarding, charging that the company is using national labor law to delay a vote among drivers to join the union.
- Bus Drivers For Alameda County Special Needs Kids Speak Out About Safety, Low Wages Bus drivers who transport special needs students in Alameda County spoke out Thursday about safety concerns, low wages and lack of benefits.
- School Bus Drivers Speak Out About Safety, Human Rights Concerns School bus drivers with Durham School Services in Hayward and Livermore, Calif., joined today with Teamster, political, religious and other community leaders at a "Driver Speak Out" to demand better working conditions.
- Teamsters Warn Hostess Not To Misuse Bankruptcy Process The Teamsters Union on Thursday warned Hostess Brands Inc. not to misuse the bankruptcy process in an attempt to bully its way to unnecessary operations changes, saying a consensual resolution with sacrifices by all stakeholders is what is required.
- Correctional Officers Say For-Profit Prisons Won't Save Money Turning prison facilities over to for-profit companies won't save Florida taxpayers any money and will probably cost them more, said Teamster correctional officers, their families, their neighbors and union officials who came to the Statehouse Monday.
- Labor Radio Program Interviews Jim Hoffa Teamster Rick Smith of the Rick Smith radio show interviews General President Hoffa about working families, stopping the war on workers and more.
- BLET Engineers Ratify Amtrak Contract Today, Amtrak engineers represented by the Brotherhood of Locomotive Engineers and Trainmen, a division of the Teamsters Rail Conference, ratified by a 4 to 1 margin a new, five-year agreement. The contract calls for wage, benefit and work rule improvements.
- Hunts Point Market Teamsters Overwhelmingly Ratify New Three-Year Agreement Today, workers at the Hunts Point Produce Market represented by Teamsters Local 202 in the Bronx, overwhelmingly voted to ratify a new three-year agreement that provides financial security and affordable health care for the nearly 1,300 members and their families.
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