Employment Verification for CARPENTERS PENSION TRUST FUND OF KANSAS CITY

About CARPENTERS PENSION TRUST FUND OF KANSAS CITY

The Carpenters Pension Trust Fund of Kansas City is a multiemployer defined benefit pension plan based in Kansas City, Missouri. It was established in 1958 and serves the retirement needs of carpenters and related trades in the Kansas City area. The Fund is jointly administered by trustees representing both labor and management, ensuring a fair and balanced approach in its operations. These trustees are responsible for overseeing the Fund’s assets and ensuring its long-term financial stability. As a defined benefit plan, the Fund provides retirement benefits to eligible participants based on a formula that considers factors such as years of service and compensation history. Upon reaching retirement age, participants receive a monthly retirement benefit for the rest of their lives. The Carpenters Pension Trust Fund of Kansas City is funded through employer contributions made on behalf of covered employees. These contributions are determined through collective bargaining agreements between employers and labor unions. To ensure the sustainability of the Fund, a professional investment team manages the assets, aiming for long-term growth and prudent risk management. The Fund’s investment strategy focuses on a diversified portfolio designed to generate returns that meet its obligations to current and future retirees. With a commitment to providing retirement security, the Carpenters Pension Trust Fund of Kansas City plays a crucial role in supporting the financial well-being of carpenters and their families in the Kansas City area.

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