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What if the union creates a fund that benefits not just members of the union, but also covers non-members, is this a covered trust?

April 26, 2017Benefits Covered covers creates fund members non-members Trust Union

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What if the union creates a fund that benefits not just members of the union, but also covers non-members, is this a covered trust?

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A. The entity would be a trust in which a labor organization is interested if a primary purpose of the entity is to provide benefits for the members of the union or their beneficiaries. Don’t forget to bookmark the OLMS web site at http://www.olms.dol.gov for the latest news and information.