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Tuesday, September 29, 2009

InterLocal Pension Information



GCC/IBT Interlocal Pension Fund Chairman, John Agenbroad is returning to Los Angeles on Sunday October 18, 2009 to once again meet with our members to discuss and vote on participation in the GCC/IBT InterLocal Pension Fund.

The meeting and vote will take place at the Crowne Plaza/Commerce Casino at 11:00 AM.

This is a very important part of everyones retirement future and no one should miss this meeting! Tribune no longer provides a viable retirement vehicle for it's employees. Will you have enough retirement money?

THERE IS NO OTHER PENSION LIKE THIS IN THE COUNTRY!

This pension is the ONLY 501 C18 in the country. It was founded in 1950 and the fund is overseen by union trustees , NO company trustees. There is in fact absolutely no involvement by the company in any way with regards to the fund, its investments or the administration of the fund.

The Fund's assets were reported in 2007 of the 57th Annual Report of The Trustees to be approximately 1.8 Billion dollars.John stated the current assets are reported to be 1.4 billion dollars.The administration fees are a mere 4% which is unbelievable for a fund with the assets that are in the ILPF.

For more information visit the ILPF website at http://www.ilpfgciu.org/ or e-mail info@ilpfgciu.org For immediate answers, or literature, call (630) 752-8400

(Click here for Previous InterLocal Pension Post)

Source: Save Our Trade

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