Tab 12-DOCUMENTS, POWER OF ATTORNEY AND INFORMATION ON THE 

PLAN, PLAN SPONSOR AND ENROLLED ACTUARY 

The Plan 

Plan Name: Local 807 Labor-Management Pension Fund 

Employer Identification No. (EIN): 51-6099111 

Plan No.: 002 

Plan Sponsor and Plan Administrator 

The Plan Sponsor and Plan Administrator are: The Trustees of Local 807 Labor-Management 

Pension Fund 

Address: 32-43 49th Street, Long Island City, NY 11103 

Telephone No.: (718) 274-5353 

Email Address: teresac@local807healthfund.org 

Fax No.: Fax (718) 956-6369 

Retiree Representative 

There is no retiree representative. 

Enrolled Actuary 

Name: Segal Consulting 

Enrollment Number: 17-06166 

Address: 333 West 34th Street, New York, NY 10001 

Telephone No.: 212-251-5121 

Email Address: jleary@segalco.com 

Fax No.: 646-365-3243 

Power ofAttorney 

The Power of attorney, appointing Larry Cary, Charles Pergue, and Sue Bruno is attached. 

Plan Documents 

Per section 7.06 ofthe Rev. Proc., a copy ofthe most recent plan document, the most recent 

summary plan description, and the most recent IRS determination letter issued to the Plan by the 

IRS are attached. 

Collective Bargaining and Participation Agreements 

Per section 7.07 ofthe Rev. Proc., excerpts from collective bargaining agreements and side 

agreements that pertain to the Plan or to the proposed suspension are attached. 

1 

4845-9594-6591, V. 1 

00126 
Form 5500 

Per section 7.08 ofthe Rev. Proc., excerpts from the most recently filed Form 5500 (filed for 

year ending 8/31/17), consisting ofpages 1 and 2 ofthe Form 5500, without attachments or 

schedules, the Schedule MB, including attachments, the Schedule R, including attachments, and 

the accountant's report are attached. 

Rehabilitation Plan 

Per section 7.09 ofthe Rev. Proc., A copy ofthe rehabilitation plan, as originally adopted and as 

amended and restated three times, is attached. 

Actuarial Valuation Reports 

The two most recent actuarial valuation reports for the Plan are attached. 

The Checklist 

A completed checklist of information, from Appendix C ofthe Rev. Proc., is attached. 

2 

4845-9594-6591. v. 1 00127 
POWER OF ATTORNEY AND DECLARATION OF REPRESENTATIVE BEFORE 

THE DEPARTMENT OF THE TREASURY 

The.Applicant is:. 

Name of Plan Sponsor: Board of Trustees of Local 807 Labor-Management Pension Fund 

Name of Plan: Local 807 Labor-Management Pension Fund 

Address: 32-43 49th Street, Long Island City, NY 11103 

Plan No.: 002 

Employer Identification No. (BIN): 51-6099111 

Contact: Susan Bruno, Plan attorney 

The Applicant hereby appoints the following representative(s) as attomey(s)-in-fact to represent 

the taxpayer before the Departinent ofthe Treasury and perform acts related to the attached 

application dated June 29, 2018 for suspension ofbenefits under§ 432(e)(9) ofthe Internal 

Revenue Code of 1986, as amended: 

Name: Larry Cary 

Address: Cary Kane LLP, 1350 Broadway, Suite 1400, New York, NY 10018 

Phone No.: 212-868-6300 

Email Address: lcary@carykane.com 

Fax No.: 212-868-6302 

Name: Charles Pergue 

Address: Cary Kane LLP, 1350 Broadway, Suite 1400, New York, NY 10018 

Phone No.: 212-868-6300 

Email Address: cpergue@carykane.com 

Fax No.: 212-868-6302 

Name: Susan Bruno 

Address: Cary Kane LLP, 1350 Broadway, Suite 1400, New York, NY 10018 

Phone No.: 212-868-6300 

Email Address: sbruno@carykane.com 

Fai, No.: 212-868-6302 

Send copies ofnotices and communications to representatives -Yes. 

With the exception ofthe acts described below, I authorize my representative(s) to receive and 

inspect information, including confidential tax information, and to perform acts that I can 

perform with respect to the attached application dated June 29, 2018 for suspension of benefits 

1 

4820-1631-8559, V, 1 

·, 

00128 
under§ 432(e)(9). For example, my representative(s) shall have the authority to sign any 

agreements, consents, or similar documents. 

Specific .acts.not authorized:• None 

: . Signature of Applicant and Date 

attorney is signed by two authorized trustees, each ofwhom is a current member 

ofTrustees. 

Declaration of Representative(s) 

Larry Cary 

Under penalties ofperjury, by my signature below I, Larry Cary, declare that: 

• I am not currently suspended or disbarred from practice before the Internal Revenue Service; 

27 

• I am authorized to represent the Applicant for the matter(s) specified in this Power ofAttorney 

and Declaration ofRepresentative; and 

• I am one ofthe following: 

x_ a Attorney-a member in good standing ofthe bar ofthe highest court ofthe 

jurisdiction shown below. 

_ b Certified Public Accountant-duly qualified to practice as a certified public 

accountant in the jurisdiction shown below. 

_ c Enrolled Agent 

_ d Officer-a bona fide officer ofthe Applicant. 

_ e Full-Time Employee-a full-time employee ofthe Applicant. 

_ f Enrolled Actuary-enrolled as an actuary by the Joint Board for the Enrollment of 

Actuaries under 29 U.S.C. 1242 (the authority to practice before thelntei:nal Revenue 

Service is limited by section 10.3(d) of Circular 230). 

_ g Enrolled Retirement Plan Agent 

· · Required information for Representative: 

2 

4820-1631-8559, v. 1 

00129 
Licensing jurisdiction and bar: New Yark State 

Attorney No. : l'iZO(i, tcJ ~'-'--------

Charles Pergue 

Under penalties ofperjury, by my signature below I, Charles Pergue, declare that: 

• I am not currently suspended or disbarred from practice before the Internal Revenue Service; 

21 

• I am authorized to represent the Applicant for the matter(s) specified in this Power ofAttorney 

and Declaration of Representative; and 

• I am one of the following: 

x._ a Attorney-a member in good standing ofthe bar ofthe highest court ofthe 

jurisdiction shown below. 

_ b Certified Public Accountant-duly qualified to practice as a certified public 

accountant in the jurisdiction shown below. 

_ c Enrolled Agent 

_ d Officer-a bona fide officer ofthe Applicant. 

_ e Full-Time Employee-a full-time employee ofthe Applicant. 

_ f Enrolled Actuary-enrolled as an actuary by the Joint Board for the Enrollment of 

Actuaries under 29 U.S.C. 1242 (the authority to practice before the Internal Revenue 

Service is limited by section 10.3(d) of Circular 230). 

_ g Enrolled Retirement Plan Agent 

Required information for Representative: 

Licensing jurisdiction and bar: New York State 

Attorney No. : 2495422 

date: 

• 

• 

,- ' <• 

Si 

B 

D 

3 

4820-1631-8559, V. 1 

00130 
27 

Susan Bruno 

Under penalties ofperjury, by my signature below I, Susan Bruno, declare that: 

• I am not currently suspended or disbarred from practice before the Internal Revenue Service; 

. • I am authorized to represent the Applicant for the matter(s) specified in this Power ofAttorney 

and Declaration ofRepresentative; and 

• I am one ofthe following: 

x_ a Attorney-a member in good standing ofthe bar ofthe highest court of the 

jurisdiction shown below. 

_ b Certified Public Accountant-duly qualified to practice as .a certified public 

accountant in the jurisdiction shown below. 

_ c Enrolled Agent 

_ d Officer-a bona fide officer ofthe Applicant. 

_ e Full-Time Employee-a full-time employee ofthe Applicant. 

_ f Enrolled Actuary-enrolled as an actuary by the Joint Board for the Enrollment of 

Actuaries under 29 U.S.C. 1242 (the authority to practice before the Internal Revenue 

Service is limited by section 10.3(d) ofCircular 230). 

_ g Enrolled Retirement Plan Agent 

Required information for Representative: 

Licensing jurisdiction and bar: New York State 

Attorney No. : ";, I 6ll3"'--I 

• t .. . • ~ • • .. • • - • .. ,. date: 

Date: fi}~rh t 

4 

4820-1631-8559, v. 1 

00131 
LOCAL807 

LABOR-MANAGEMENT PENSION FUND 

Restated Rules and Regulations 

As Amended and Restated As Of 

June 1 ,2013 

7966276_1 

00132 
TABLE OF CONTENTS 

LOCAL 807 LABOR-MANAGEMENT PENSION FUND PLAN TEXT- RULES AND REGULATIONS .... I 

• 

ARTICLE I - DEFINITIONS.................................................................................................................................... 3 

ARTICLE 11-PARTICIPATION .............................................................................................. : .............................. 9 

2. I PURPOSE ........................................................................................................................................::...... 9 

2.2 PARTICIPATION ................................................................................................................................... 9 

2.3 TERMINATIONOFPARTICIPATION................................................................................................. 9 

2.4 REINSTATEMENT OF PARTICIPATION ......................................................................................... 10 

ARTICLE III - PENSION ELIGIBILITY AND AMOUNTS ............................................................................... 11 

3.1 REGULAR PENSION -ELIGIBILITY ............................................................................................. 11 

3.2 REGULAR PENSION .................................................................................................................... , ...... I I 

3.3 EARLY RETIREMENT PENSION - ELIGIBILITY ......................................................................... 12 

3.4 EARLY RETIREMENT PENSION -AMOUNT............................................................................... 12 

3.5 DEFERRED VESTED PENSION - ELIGIBILITY............................................................................ 13 

3.6 DISABILITY PENSION -ELIGIBILITY AND COMMENCEMENT ............................................. 13 

3.7 PRO-RA TA PENSIONS ....................................................................................................................... 13 

3..8 NON-DUPLICATION........................................................................................................................... 14 

3.9 APPLICATION OF BENEFIT INCREASES ....................................................................................... 14 

3.10 OPTION CONVERSION FACTOR ...................................................................................................... 14 

3.11 SMALL BENEFIT CASH OUTS .......................................................................................................... 15 

3. 12 ROLLOVER DISTRJBUTJONS ........................................................................................................... 15 

3.13 DEATH BENEFIT ................................................................................................................................. 16 

ARTICLE IV - PENSION CREDITS AND YEARS OF VESTING SERVICE .................................................. 17 

4.1 PENSION CREDITS ............................................................................................................................. 17 

4.2 YEARS OF VESTING SERVICE ......................................................................................................... 18 

4.3 BREAKS IN SERVICE ......................................................................................................................... 20 

4.4 NON-WORK PERJODS CREDITED ................................................................................................... 22 

4.5 TERMINATED EMPLOYERS ............................................................................................................. 24 

ARTICLE V-HUSBAND AND WIFE PENSION ................................................................................................ 25 

5.1 GENERAL ............................................................................................................................................. 25 

5.2 EFFECTIVE DATE ............................................................................................................................... 25 

5.3 UPON RETIREMENT .......................................................................................................................... 25 

5.4 AFTER NORMAL RETIREMENT AGE BUT BEFORE RETIREMENT .......................................... 25 

5.5 DURJNG ACTIVE SERVICE BEFORE ATTAINMENT OF NORMAL RETIREMENT 

AGE ....................................................................................................................................................... 26 

5.6 PRE-RETIREMENT HUSBAND AND WIFE PENSION ................................................................... 27 

5.7 ADJUSTMENT OF PENSION AMOUNT ........................................................................................... 27 

5.9 CONTINUATION OF HUSBAND AND WIFE PENSION FORM .................................................... 28 

5.10 PARTICIPANT AND/OR SPOUSE SIGNATURE .............................................................................. 28 

5. I I ELIGIBILITY OF SPOUSE .................................................................................................................. 28 

5.12 RELATION TO QUALIFIED DOMESTIC RELATIONS ORDER .................................................... 30 

ARTICLE VI -APPLICATIONS FOR RETIREMENT AND CLAIMS PROCEDURE ................................. 31 

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00133 
6.1 APPLICATIONS ................................................................................................................................... 31 

6.2 INFORMATION AND PROOF ............................................................................................................ 31 

6.3 ACTION OF TRUSTEES...................................................................................................................... 31 

6.4 REVIEW PROCEDURE ....................................................................................................................... 31 

6.5 BENEFIT PAYMENTS GENERALLY ................................................................................................ 33 

6.6 RETIREMENT ...................................................................................................................................... 35 

6.7 SUSPENSION OF BENEFITS.............................................................................................................. 35 

6.8 BENEFIT PAYMENTS FOLLOWING SUSPENSION ....................................................................... 39 

6.9 STANDARDS OF PROOF.................................................................................................................... 40 

ARTICLE VII - MISCELLANEOUS ...................................................................................................................... 41 

7.1 NON-REVERSION ............................................................................................................................... 41 

7.2. LIMITATION OF LIABILITY ............................................................................................................. 41 

7.3 NEW EMPLOYERS .............................................................................................................................. 41 

7.4 TERMINATED EMPLOYER ............................................................................................................... 42 

7.5 TERMINATION.................................................................................................................................... 42 

7.6 AMENDMENT ..................................................................................................................................... 42 

7.8 INCOMPETENCE OR INCAPACITY OF A PENSIONER OR BENEFICIARY .............................. .43 

7.9 NON-ASSIGNMENT OF BENEFITS .................................................................................................. 43 

7.10 NORIGHTTOASSETS ....................................................................................................................... 44 

7.11 LAWSAPPLICABLE ........................................................................................................................... 45 

ARTICLE VIII - PRO-RAT A PENSIONS - LOCAL RECIPROCAL AGREEMENTS ................................... 46 

8.1 PURPOSE .............................................................................................................................................. 46 

8.2 RELATED PLANS ................................................................................................................................ 46 

8.3 COMBINED PENSION CREDITS ................ : ...................................................................................... 46 

8.4 ELIGIBILITY ........................................................................................................................................ 46 

8.5 BENEFIT AMOUNT ............................................................................................................................. 47 

8.6 NON-DUPLICATION OF CREDITS ................................................................................................... 48 

8.7 PAYMENT ............................................................................................................................................ 48 

8.8 HONORING OF PENSION CREDITS ................................................................................................. 48 

8.9 RECIPROCAL FUNDS ......................................................................................................................... 48 

ARTICLE IX - PARTIAL PENSION - NATIONAL RECIPROCAL AGREEMENT ...................................... 49 

9.1 PURPOSE.............................................................................................................................................. 49 

9.2 RELATED PLANS ................................................................................................................................ 49 

9.3 RELATED SERVICE CREDITS .......................................................................................................... 49 

9.4 COMBINED SERVICE CREDIT ......................................................................................................... 49 

9.5 ELIGIBILITY ........................................................................................................................................ 49 

9.6 BREAKS IN SERVICE ......................................................................................................................... 50 

9.7 ELECTION OF PENSIONS .................................................................................................................. 50 

9.8 PARTIAL PENSION AMOUNT .......................................................................................................... 50 

9.9 PAYMENT OF PARTIAL PENSIONS ................................................................................................ 50 

9 .10 NATIONAL RECIPROCAL AGREEMENT SIGNATORIES ............................................................. 51 

ARTICLE X - MAXIMUM BENEFITS ................................................................................................................. 55 

ARTICLE XI -MINIMUM DISTRIBUTION REQUIREMENTS ..................................................................... 56 

11.1 GENERAL RULES ............................................................................................................................... 56 

1I .2 TIME AND MANNER OF DISTRIBUTION ....................................................................................... 56 

11.3 DETERMINATION OF AMOUNT TO BE DISTRIBUTED EACH YEAR ....................................... 57 

11.4 REQUIREMENTS FOR ANNUITY DISTRIBUTIONS THAT COMMENCE DURING 

PARTICIPANT'S LIFETIME ............................................................................................................... 58 

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00134 
11.5 REQUIREMENTS FOR MINIMUM DISTRIBUTIONS WHERE PARTICIPANT DIES 

BEFORE DATE DISTRIBUTIONS BEGIN ........................................................................................ 59 

11.6 DEFINITIONS ....................................................................................................................................... 60 

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00135 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND PLAN TEXT -

RULES AND REGULATIONS 

Section 305 of the Employee Retirement Income Security Act ("BRISA") and Section 432 of 

the Internal Revenue Code ("Code"), as added by the Pension Protection Act of 2006 

("PP A"), require the Trustees of a multiemployer. pension fund that has been certified by its 

actuary as being in Critical Status ( also known as the "Red Zone") to develop a 

Rehabilitation Plan. On November 29, 2010, the Fund was certified by its actuaries to be in 

Critical Status for the Plan Year beginning September !, 2010. As required by law, the 

Board of Trustees forwarded a Notice of Critical Status ("Notice") to the Teamsters Local 

Union No. 807 (the "Union") and the employers contributing to the Fund ("Employers") 

(referred to collectively as the "bargaining parties"), participants, beneficiaries, the Pension 

Benefit Guaranty Corporation and the Department of Labor. The Trustees thereafter adopted 

a Rehabilitation Plan which, among other things, specifies certain changes to this Plan for the 

purpose of forestalling insolvency in an effort to enable the Plan to emerge from Critical 

Status in the ordinary course of its operations~ 

This Plan document sets forth the terms of the Plan as modified to comply with the PPA and 

to conform to the Rehabilitation Plan adopted by the Trustees. The Trustees will review the 

terms of the Rehabilitation Plan annually and will update the Rehabilitation Plan as required 

by law and those changes may require further amendments to this Plan. However, due to the 

nature and extent of the changes required by the Rehabilitation Plan, the Trustees believe that 

the Plan as amended by the Rehabilitation Plan should be restated in its entirety. 

The Plan as herein set forth incorporates changes contained in the Rehabilitation Plan and, as 

so amended, is restated in its entirety. The Plan as amended and restated in this document is 

effective for all persons whose Annuity Starting Date occurs on or after September 1, 201 1 

except as may be otherwise specifically stated. The Plan as previously set forth in that 

certain document titled "Local 807 Labor-Management Pension Fund Restated Rules and 

Regulations As Amended and Restated July 1, 2001, As Further Amended and Restated June 

1, 2003, As Further Amended and Restated November 3, 2008, As Further Amended and 

Restated February!, 2010" (the "Prior Plan") shall remain in effect for those persons whose 

Annuity Starting Date occurred prior to September 1, 2011. Any person whose Annuity 

Starting Date occurred prior to September 1, 2011 and who returns to active service on or 

after September 1, 2011 shall continue to be entitled to those benefits accrued prior to 

September 1, 2011, but any additional benefits that any such person may accrue will be 

payable only in accordance with the terms of this Plan Document and the Rehabilitation Plan. 

Employers contributing to this Plan shall be bciund by the-terms of the Rehabilitation Plan, as 

the same may be modified from time to time hereafter. 

Contribution rate increases of 45 cents per hour per year ( or such other amount set by the 

Trustees under the Rehabilitation Plan) will be required for any collective bargaining 

agreement that becomes effective after September 1, 2011. All increases in hourly rates will 

be supplemental after September 1, 2011, and therefore will not cause any increase in future 

service accruals, except as provided herein. 

- 1 -

00136 
The impact of these increases in contribution rates will be evaluated annually and will be 

adjusted based on the financial conditions of the signatory employers and experience of the 

Fund. Collective bargaining agreements between the union and contributing employers that 

are agreed to after September I, 20 I I will not be accepted by the Trustees unless they 

include terms consistent with this Schedule. 

- 2 -

00137 
ARTICLE I - DEFINITIONS 

1.1 "Actuarial Present Value" unless otherwise specified in the Plan means: 

(a) For determinations as of any Annuity Starting Date that is on or after 

September 1, 2011, a benefit that has the same actuarial value as another 

benefit based on the "Applicable Interest Rate" and "Applicable Mortality 

Table" as defined below: 

(!) Any provision prescribing the use of the annual rate of interest on 30-

year U.S. Treasury securities shall be implemented by instead using 

the rate of interest determined by the "Applicable Interest Rate" 

described in Code § 417(e), specifically, the applicable interest rate 

shall be the adjusted first, second and third segment rates applied 

under the rules similar to the rules of Code § 430(h)(2)(C) as published 

in August ·immediately preceding the Plan Year that contains the 

Annuity Starting Date, subject to the phase-in under Code 

§ 417(e)(3)(D)(iii). 

(2) For purposes of the Plan's provisions relating to the calculation of the 

present value of a benefit payment that is subject to Code § 417(e), the 

"Applicable Mortality Table" means a mortality table, modified as 

appropriate by the Secretary, based on the mortality table specified for 

the Plan Year under subparagraph (A) of Code § 430(h)(3), without 

regard to Subparagraphs (C) or (D) of such section. 

1.2 "Annuity Starting Date" means: 

(a) The date as of which benefits are calculated and paid under the Plan and shall 

be the first day of the first month after or coincident with the later of: 

(!) The month following the month in which the claimant has fulfilled all 

of the conditions for entitlement to benefits, including the filing of an 

application for benefits, and 

(2) 30 days after the Plan advises the Participant of the available benefit 

payment options. 

(b) Notwithstanding subsection· (a) above, the Annuity Starting Date may occur 

and benefits may begin before the end of the 30-day period provided: 

(!) The Participant and spouse, if any, consent in writing to the 

commencement of payments before the end of the 30-day period and 

distribution of the pension begins more than seven days after the 

written explanation was provided to the Participant and spouse, 

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00138 
(2) The Participant's benefit was previously being paid because of an 

election after the Normal Retirement Age, or 

(3) The benefit is paid out automatically as a Jump sum under the 

provisions of the Plan. 

1.3 "Beneficiary" means a person (other than a Pensioner) who is receiving benefits 

under this Plan because ofhis or her designation for such benefits by a Participant. 

1.4 "Code" means the Internal Revenue Code of 1986, as amended from time to time. 

1.5 "Continuous Employment" means a continuous period of employment during which 

there is no quit, discharge, or other termination of employment. 

1.6 "Contributing Employer" or "Employer" means an employer that is signatory to a 

Written Agreement with the Union or the Trustees which requires contributions into 

this Fund, provided: 

The term "Employer" shall include this Pension Fund, the Local 807 LaborManagement Health Fund, the Local 807 Profit Sharing Plan and the Union (in its 

capacity as the Employer of its officers and Employees, but not otherwise). 

The term "Employer" shall be deemed to include an Employer who was obligated by 

his Written Agreement with Building Material Teamsters Local Union No. 282, 

International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers 

(herein called "Local 282") to contribute to the Local 282 Pension Trust Fund, and 

whose Employees were transferred to Local 807 pursuant to the decision of the 

General Executive Board of the International Brotherhood of Teamsters on or about 

February 15, 1953, and entered into a Written Agreement with Local 807 obligating it 

to contribute to the Pension Fund. 

For purposes of identifying highly compensated employees and applying the rules on 

participation, vesting and statutory limits on benefits under the Fund but not for 

determining Covered Employment, the term "Employer" includes all corporations, 

trades or businesses under common control with the Employer within the meaning of 

Code §414(b) and ( c ), all members of an affiliated service group with the Employer 

within the meaning of Code §414(m) and all other businesses aggregated with the 

Employer under Code §414(0). 

1. 7 "Contribution Period" means, with respect to a unit or classification of employment, 

the period during which the Employer is a Contributing Employer. 

1.8 "Covered Employment" means employment of an Employee by an Employer, 

including employment with the Employer prior to the first Contribution Period to the 

extent credited pursuant to the provisions of the Plan. "Covered Employment" shall 

not, however, include employment by an Employer after termination of that 

Employer's status as a Contributing Employer for failure to pay contributions or for 

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00139 
any other reason including, but not limited to, action taken by the Trustees to 

terminate participation which shall be in their sole discretion. 

1.9 "Defined Rate" means $4.311⁄2 or more per hour as of April!, 2001 and thereafter. 

All Participants who are working under non-Defined Rate agreements shall accrue 

benefits at a rate set forth in Schedule I affixed to this Plan. The Trustees may 

modify the Defined Rate, and the benefit accrual rate for the Defined Rate or for any 

non-Defined Rate agreement, from time to time. 

I. 10 "Employee" means a person who is an employee of an Employer and for whom 

contributions are required to be paid under any Written Agreement requiring 

Employer contributions on his behalf. Employees of this Pension Fund, the Local 

807 Labor-Management Health Fund, the Local 807 Profit Sharing Plan, and the 

Union are also Employees. The term "Employee" shall not include any selfemployed person, or sole proprietor of a business organization or an officer, member, 

supervisor, director or stockholder of a business entity that is a signatory to a Written 

Agreement with the Union. 

For purposes of participation, nondiscrimination, vesting and benefit limits, all leased 

employees as defined in Code § 414(n) or 414(0) who have performed services for a 

Contributing Employer on a substantially full-time basis under the primary direction 

and control of the Contributing Employer for a period of at least one year shall be 

treated as employed by a Contributing Employer except to the extent such leased 

employees are excluded under the safe harbor exemption of Code § 414(n)(5). 

1.11 "Highly Compensated Employee" 

(a) The term "highly compensated employee" includes highly compensated active 

employees and highly compensated former employees of an Employer. 

Whether an individual is a highly compensated employee is determined 

separately with respect to each Employer, based solely on that individual's 

compensation from or status with respect to that Employer. 

(b) Effective February 1, 1997, a Highly Compensated Employee is any employee 

who: 

(I) was a 5-percent owner of the Employer at any time during the year or 

the preceding year, or 

(2) for the preceding· year had total annuai compensation from the 

Employer in excess of $80,000 (as adjusted annually for increases in 

the cost-of-living in accordance with regulations prescribed by the 

Secretary ofthe Treasury). 

For purposes of determining if an Employee's total annual compensation from 

an Employer exceeds $80,000 (adjusted for the cost of living) in the preceding 

year, the preceding year shall be the calendar year beginning within the Plan 

- 5 -

00140 
Credit Year immediately preceding the Plan Credit Year for which the test is 

being applied. 

(c) The term "compensation" for this pwpose shall include wages within the 

meaning of Code § 3401(a) (for purposes of income tax withholding at the 

source), and differential wage payments as defined by the Code § 340l(h), 

plus amounts that would be included in wages but for an election under Code 

§§ 125(a), 132(£), 402(e)(3), 402(h)(l)(B), 402(k), or 457(b); provided 

however, that any rules that limit the remuneration included in wages based 

on the nature or location of the employment or the services performed (such 

as the exception for agricultural labor in Code § 3401(a)(2)) are disregarded 

for purposes ofthis definition. 

1. 12 "Hour of Service" 

' 

(a) An hour of service is each hour for which an Employee is paid, or entitled to 

payment for the performance of duties for the Employer during the applicable 

computation period. 

(b) An hour of service is each hour for which an Employee is paid, or entitled to 

payment, by the Employer on account of a period of time during which no 

duties are performed (irrespective of whether the employment relationship has 

terminated) due to vacation, holiday, illness, incapacity (including disability), 

layoff, jury duty, military duty, leave of absence, or back pay awarded or 

agreed to by the Employer. The same hours of service shall not be credited 

both under paragraph (a) and this paragraph. Hours of service shall be 

computed and credited in accordance with paragraphs (b) and ( c) of Section 

2530.200b-2 ofthe U.S. Department of Labor Regulations. 

(c) Solely for the purpose of establishing a Participant's Pension Credits in 

accordance with Article IV, Section 4.1, the term "Hours of Service" shall be 

limited to those hours for which an Employer is required to make 

contributions. 

(d) Hours of Service accumulated under a Related Plan and not excluded under 

the Related Plan's Break in Service rules or other rules shall be considered to 

be Hours of Service under this Plan, but only for the pwposes of establishing 

a -Participant's eligibility to participate in this Plan, his vesting service under 

this Plan and his eligibility for retirement under this Plan. Such Hours of 

Service shall not be considered for benefit accrual purposes under this Plan. . 

1.13 "Normal Retirement Age" means age 65, or, if later, the age of the Participant on the 

fifth anniversary of his participation. 

Participation before a Permanent Break in Service and participation before a 

Temporary Break in Service in the case of a former Participant who has not returned 

- 6 -

00141 
to Covered Employment and reestablished participation in accordance with Section 

2.4 are disregarded in applying this section. 

1.14 "Participant" means a Pensioner or Employee who meets the requirements for 

participation in the Plan, as set forth in Article II, or a former Employee who has a 

right to a pension under the Plan. 

I. 15 "Pension Fund" means the Local 807 Labor-Management Pension Fund, established 

under the Agreement and Declaration of Trust, dated December 1, 1950, as amended 

and restated. 

I.I 6 "Pension Plan" or "Plan" means this document. 

1.17 "Pensioner" means a person to whom a pension under this Plan is being paid or to 

whom a pension would have been paid but for time for administrative processing by 

the Plan. 

1.18 "Plan Year" means the twelve-month period beginning September 1 and ending 

August 31. 

1.19 "Plan Credit Year" means the twelve-month period from February !st to the next 

January 31st. For purposes of ERISA regulations, the Plan Credit Year shall serve as 

the vesting computation period, the benefit accrual computation period, and, after the 

initial period of employment or of reemployment following a break in service, the 

computation period for eligibility to participate in the Plan. 

1.20 "Qualified Domestic Relations Order" or "QDRO" shall have the meaning set forth in 

ERISA § 206(d)(3) and Code§ 414(p). 

1.21 "Rehabilitation Period" means the 24 year period beginning on September 1, 2013 

and ending on August 31, 2037. 

1.22 "Rehabilitation Plan" means the plan adopted by the action of the Trustees in 

accordance with ERISA § 305, and as the same may be amended from time to time. 

1.23 "Related Plan" means, unless the Trustees otherwise determine in their sole 

discretion, another pension fund which recognizes service accumulated with this Plan 

as credited service for benefit purposes, including but not limited to another pension 

fund whi~h is recognized as a reciprocal plan under the National Teamsters 

Reciprocal Agreement or by another agreement approved by the Trustees. 

1.24 "Spouse" means a person to whom a Participant is considered married under 

applicable law or, to the extent provided in a Qualified Domestic Relations Order, is 

designated as a Participant's surviving spouse". 

- 7 -

00142 
1.25 "Trust Agreement" means the Agreement and Declaration of Trust establishing the 

Local 807 Labor-Management Pension Fund effective December I, 1950, as 

amended. 

1.26 "Trustees" means the Board of Trustees as established and constituted from time to 

time in accordance with the Trust Agreement. 

1.27 "Union" means Truck Drivers Local Union No. 807, affiliated with the International 

Brotherhood ofTeamsters, Chauffeurs, Warehousemen and Helpers of America. 

1.28 "Written Agreement" or "Agreement" means an agreement between the Union and an 

Employer or the Trustees and an Employer which requires contributions into the 

Fund. 

1.29 "Year of Participation" for purposes of compliance with the U.S. Department of 

Labor's Regulation 2530, means a Plan Credit Year during which a Participant has 

completed 1,000 Hours of Service in Covered Employment during a Contribution 

Period. 

- 8 -

00143 
ARTICLE II- PARTICIPATION 

2.1 PURPOSE 

This article contains definitions to meet certain requirements of the Employee 

Retirement Income Security Act of 1974 (otherwise referred to herein as BRISA). It 

should be noted that once an Employee has become a Participant, the provisions of 

this Plan give him credit, in accordance with the rules of the Plan, for some or all of. 

his service before he became a Participant. 

2.2 PARTICIPATION 

An Employee who is engaged in Covered Employment during the Contribution 

Period shall become a Participant in the Plan on the earliest February 1 or August 1 

following completion of a 12 consecutive month period during which he completed at 

least 1,000 Hours of Service in Covered Employment. The required hours may also 

be completed with any "Hours of Service" in other employment with an Employer if 

that other employment is Continuous Employment with the Employee's Covered 

Employment with that Employer. 

Notwithstanding the foregoing, if an Employee fails to accrue 1,000 Hours of Service 

during the first 12-month period following the date he first accrues an Hour of 

Service under the Plan, such employee shall be a Participant not later than the earlier 

of March 1 or September 1 next following the close of any Plan Credit Year during 

which he accumulates at least 1,000 Hours of Service, including for this purpose, the 

first Plan Credit Year commencing after the date he first accrues an Hour of Service 

under the Plan. 

Members of Local 282 who were transferred to Local 807 pursuant to the decision of 

the General Executive Board of the International Brotherhood of Teamsters on or 

about February 15, 1953, shall be accorded the same benefits, rights and privileges 

under this Plan, and shall be subject to the same rules and regulations, irrespective of 

prior employment by Employers under contract with Local 282 as members of Local 

807 at the time of transfer. 

2.3 TERMINATION OF PARTICIPATION 

A person who incurs a One-Year Break in Service ( defined in Section 4.3) shall,cease 

to be ·a Participant as of the last day of the Plan Credit Year which constituted the 

One-Year Break, unless such Participant is a Pensioner, or has acquired the right to a 

pension ( other than for disability), whether immediate or deferred . 

. , 

- 9 -

00144 
2.4 REINSTATEMENT OF PARTICIPATION 

An Employee who has lost his status as a Participant in accordance with Section 2.3 

shall again become a Participant by meeting with-the requirements of Section 2.2 on 

the basis of Hours of Service after the Plan Credit Year, during which his 

Participation terminated, retroactive to the date of the first Hour of Service following 

re-employment. 

- 10 -

00145 
ARTICLE III - PENSION ELIGIBILITY AND AMOUNTS 

3.1 REGULAR PENSION- ELIGIBILITY 

A Participant may retire on a Regular Pension upon attaining the fifth anniversary of 

his qualifying as a participant in the Plan or, iflater, upon reaching age 65. 

3.2 REGULAR PENSION 

The monthly amount of the Regular Pension for contributions based on a Defined 

Rate shall be: 

Last Day Of Monthly Benefit Plus Monthly Benefit 

Covered Times Times 

Employment Number of Pension Credits 

On Or After: Pension. In Excess of 25 

Credits 

(Maximum of 25) 

September 1, 1988 $44.00 $5.71 

September 1, 1989 $45.00 $5.71 

September 1, 1990 $46.00 $5.71 

April 1, 1991 $48.30 $6.00 

November 1, 1991 $52.00 $6.46 

April 1, 1992 $61.28 $7.61 

April 1, 1993 $68.00 $8.44 

April 1, 1995 $84.00 $10.43 

April 1, 1997 $92.40 $11.47 

January 1, 1999 $104.42 $12.96 

January 1, 2001 $131.34 $16.31 

May 1, 2001 $165.00 $20.49 

(a) The monthly amount of the Regular Pension for Participants whose 

contributions are at. something other than the Defined Rate shall be based 

upon the appropriate Schedule I affixed to this Plan, as the same may be 

amended by the Trustees from time to time. 

(b) Beginning on February 1, 2010, any increase in the benefit level for 

contributions made by an employer under the Defined Rate, or any Schedule I 

rate resulting from either an Employer's increased contribution rate or the 

Participant's change of Employer, shall be separately determined for each 

Plan Credit Year. The Regular Pension shall be the frozen amount determined 

as of February I, 2010 plus each annual accrual for each Plan Credit Year 

. ,. 

- I 1 -

00146 
--- . ·-· ---------------

from and after February 1, 2010. Any Annual Accrual for those Plan Credit 

Years for which an increased benefit level is in effect, shall have no effect on 

the benefit level applicable to Pension Credits earned in any prior or 

subsequent period. 

(c) Any Annual Accrual earned in any Plan Credit Year prior to February 1, 2012 

shall be calculated based upon the highest contribution rate for any quarter 

during each such Plan Credit Year for which the Participant has had 

contributions made on his behalf and during which at least 250 hours were 

earned. 

(d) The accrual rate as defined in this Article III on or after February 1, 2012 will 

be the lesser of: 

(I) 1% of the product of (A) the number of hours for which contributions 

are due on behalf of a participant in a Plan Credit Year (minimum 250 

hours) and (B) the contribution rate in effect for his Employer prior to 

its first contribution increase (regardless of surcharges) on or after 

September 1, 2011 required to be made with respect to a participant; or 

(2) the accrual rate that was in effect under the Flan on September 1, 

2011. 

3.3 EARLY RETIREMENT PENSION - ELIGIBILITY 

A Participant shall be entitled to retire on an Early Retirement Pension on the date he 

meets all of the following requirements: 

(a) he has at:tained age 55; or 

(b) he has at least 15 Pension Credits. 

3.4 EARLY RETIREMENT PENSION-AMOUNT 

The Early Retirement Pension is a monthly benefit calculated by multiplying the 

Regular Pension benefit by the factor below corresponding with the age of a 

participant at Early Retirement date. 

Age Factor 

55 36.59% 

56 · ·40:12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

• 

- 12 -

00147 
-----~~- - 

~ 

A"e Factor 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

Note: Reductions for fractional ages are interpolated based on the above. 

3.5 DEFERRED VESTED PENSION-ELIGIBILITY 

(a) A Participant who has reached age 65 shall be entitled to a Deferred Vested 

Pension but only if, upon his retirement, he has satisfied all of the following 

conditions: 

(1) he has at least 5 Pension Credits; and 

(2) he has attained Vested Status as defined in Section 4.2(d). 

(b) A Deferred Vested Pension shall be calculated in the same manner as a 

Regular Pension, based on the formula in effect at the time the Participant last 

worked in Covered Employment. 

3.6 DISABILITY PENSION - ELIGIBILITY AND COMMENCEMENT 

No Disability Pension will be granted to any Participant whose application is 

submitted on or after September 1, 2011 regardless of the date as of which the 

disability is deemed to have commenced. 

Those on Disability Pensions are subject to re-examination by the Pension Plan not 

more often than every twelve (12) m,mths. The Board of Trustees shall require 

evidence of continued total and permanent disability to support the Participant's 

claim of entitlement to receive a Disability Pension notwithstanding the Participant's 

continued receipt of a Social Security Disability Pension. If a Participant is deemed 

to have ceased to be disabled on or after September 1, 201 1, he shall not again qualify 

for a pension except for a Regular Pension, Early Retirement Pension or Deferred 

Vested Pension in accordance with Sections 3.1 through 3.6 above. 

3.7 PRO-RATA PENSIONS 

This Plan provides a Pro-Rata (Partial) Pension for safeguarding a Participant's 

pension -rights if the Participant works part of the time in Covered Employment 

(under Local 807 Agreements) and part of the time in a job which is covered by 

another pension fund recognized as a Related Plan. In a situation of this kind, the 

Plan will protect the Participant's eligibility by taking account of his combined years 

of pension service credits under this Plan for eligibility for participation, eligibility 

for retirement and vesting purposes (including ·to determine whether a Break in 

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00148 
Service has occurred), but not for benefit accrual purposes. If a Participant qualified 

for a Pro-Rata Pension under the terms of the Prior Plan, any Pro-Rata Pension earned 

prior to the effective date of this amended and restated Plan document will be 

preserved as a part of the Participant's frozen benefit and will be paid to the 

Participant in accordance with the terms of the Prior Plan. The details of eligibility 

participation and calculation of pro-rata pensions is more fully set forth in Article 

VIII below. 

The terms of this Plan shall preempt any contrary terms in any Related Plan or 

reciprocal agreement. 

3.8 NON-DUPLICATION 

Nothing contained in this Plan shall be construed as permitting any person to be 

entitled simultaneously to more than one type of pension under this Plan. If an 

Employee has met the requirements for more than one type of pension he shall be 

entitled to receive the type of pension for which he is qualified that provides the 

highest monthly benefit. 

3.9 APPLICATION OF BENEFIT INCREASES 

Once a Participant has fulfilled the conditions of eligibility for any type of pension as 

described in this Plan, he shall not thereafter be disqualified from a pension on the 

grounds of a Break in Service. 

The pension to which a Participant is entitled shall be determined at the benefit level 

and the terms of the Plan in effect at the time the Participant separated from Covered 

Employment. 

A Participant shall be deemed to have separated from Covered Employment on the 

last day of work in Covered Employment which is followed by a one-year Break-inService. 

A Participant who separates from service and thereafter returns to Covered 

Employment on or after February 1, 2010 shall, upon his subsequent retirement, be 

entitled to his prior benefit amount plus any annual benefit accrued for Plan Credit 

Years ending after February 1, 20 I 0. 

3.10 OPTION CONVERSION FACTOR 

If payment is to be made under this Plan in a form for which determination of the 

adjusted amount is not specified by any other part of this Article, the determination is 

to be made by the Plan's actuary on the basis of 7 percent interest and the 1971 Group 

Annuity Mortality Table, with the mortality rates of males and females blended into a 

single set by weighting the two sets of rates in proportion to the percentages of male 

and female Participants found by the actuary, on the basis of the relevant experience, 

likely to select the option involved. 

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00149 
3.11 SMALL BENEFIT CASH OUTS 

Ifthe Actuarial Equivalent of any monthly benefit payable under this Plan is $1,000 

or less, determined in accordance with Section 1.1, the Trustees shall pay such benefit 

in a lump sum. If the Actuarial Equivalent of any monthly benefit payable under this 

Plan is greater than $1,000, but less than or equal to $5,000, the Trustees may, at their 

discretion, pay such benefit in a lump sum only with the Pensioner's consent. Ifthe 

Pensioner does not provide such consent, then the Trustees may, at their discretion, 

distribute the amount to an individual retirement account designated by the Trustees. 

However, if a Pensioner has started to receive payments in the Husband-and-Wife 

Pension form, the surviving spouse shall receive monthly benefits after the 

Pensioner's death and no lump sum payment shall be made. 

When a lump sum has been paid by the Fund, all Pension Credits and Years of 

Vesting Service earned by the Participant with respect to which the lump sum 

distribution was made shall be completely disregarded and the Fund shall have no 

liability for the payment of any additional benefit to the Participant or his Beneficiary. 

3.12 ROLLOVERDISTRIBUTIONS 

(a) Notwithstanding any provision of the Plan to the contrary that would 

otherwise limit a Distributee's election under this Section, a Distributee may 

elect, at the time and in the manner prescribed by the plan administrator, to 

have any portion of an Eligible Rollover Distribution paid directly to an 

Eligible Retirement Plan specified by the Distributee in a Direct Rollover. 

(b) Definitions 

(I) An "Eligible Rollover Distribution" is any distribution of all or any 

portion of the balance to the credit of the Distributee, except that an 

Eligible Rollover Distribution does not include: any distribution that is 

one of a series of substantially equal periodic payments (not less 

frequently than annually) made for the life ( or life expectancy) of the 

Distributee and the lives (or joint life expectancies) of the Distributee 

and the Distributee's designated Beneficiary, or for a specified period 

of ten years or more; any distribution to the extent such distribution is 

required under Code § 40l(a)(9); and the portion of any distribution 

that is not includible in gross income ( determined without regard to the 

exclusion for net unrealized appreciation with respect to employer 

· securities). 

(2) An "Eligible Retirement Plan" is (a) an individual retirement account 

described in Code § 408(a), (b) an individual retirement annuity 

described in Code § 408(b ), ( c) an annuity plan described in Code 

§ 403(a), (d) a qualified trust described in Code § 40l(a), (e) an 

annuity contract described in Code § 403(b) that accepts the 

Distributee's Eligible Rollover Distribution, (f) effective for 

- 15 -

00150 
distributions after December 31, 200 I, an eligible plan under Code 

§ 457(b) which is maintained by a state, political subdivision of a state, 

or any agency or instrumentality of a state or political subdivision of a 

state and which agrees to separately account for amounts transferred 

into such plan from this Plan, or (g) effective for distributions after 

December 31, 2007, a Roth individual retirement account or Roth 

individual retirement annuity described in Code § 408A. The 

definition of Eligible Retirement Plan shall also apply in the case of a 

distribution to a surviving spouse, or to a spouse or former spouse who 

is the alternate payee under a Qualified Domestic Relations Order, as 

defined in Code § 4 I 4(p ). For a non-Spouse Beneficiary, an Eligible 

Retirement Plan shall include only an individual retirement plan or 

annuity described in (a), (b), or (g) above, that .is treated as an inherited 

IRA of the Beneficiary. 

(3) A Distributee includes an employee or former employee. In addition, 

the employee's or former employee's surviving spouse and the 

employee's or former employee's spouse or former spouse who is the 

alternate payee under a Qualified Domestic Relations Order, as 

defined in Code § 4 l 4(p ), are Distributees with regard to the interest of 

the spouse or former spouse. For distributions after December 31, 

2008, a Distributee also includes a nonspouse designated beneficiary. 

In the case of a nonspouse beneficiary, the distribution may only be 

done as a direct rollover. 

(4) A "Direct Rollover'' is a payment by the plan to the Eligible 

Retirement Plan specified by the Distributee. 

3.13 DEATH BENEFIT 

For those retiring after 7/1/85 and who die after retirement, a Death Benefit of$!,OOO 

shall be payable to the funeral home-Bf or a third party that paid for the burial 

expenses (upon proof of payment) or to the participant's designated beneficiary if 

there is no claim for burial expenses. 

.... 

- 16 -

.. , 

. 

00151 
ARTICLE IV - PENSION CREDITS AND YEARS OF VESTING SERVICE 

4.1 PENSION CREDITS 

For periods up to February 1, 1976 Pensions Credits are granted in quarter-year units. 

A Pension Quarter is defined as any period of three consecutive months starting 

August 1st, November 1st, February 1st, or May 1st. A year of Pension Credits 

consists of any four quarters ofPension Credit. 

(a) For Employment Before February 1, 1976: 

(I) During the Contribution Period--September 1, 1950 through January 

31, 1976. An Employee shall be credited with service at the rate of 

one quarter-year credit for each Pension Quarter in which he worked 

for 25 days or more in Covered Employment. However, for the period 

September 1, 1950 to November 30, 1954 this requirement shall be 36 

days or more in Covered Employment. 

(2) Prior to the Contribution Period (Prior to September 1, 1950). Prior 

to the period commencing January 1, 1937 pension credits shall be 

granted for the period that the Trustees in their discretion are satisfied 

that the Employee worked in a category ( driver, helper, etc.) covered 

by Local 807 labor Agreements. Periods of employment between 

January 1, 1937 through August 31, 1950 with an Employer obligated 

to contribute into the Pension Fund on September 1, 1950 shall be 

credited on the same basis and to the same extent as other creditable 

employment, provided that the Trustees are satisfied that the affected 

Employees worked at least 36 days in a category (driver, helper, etc.) 

covered by Local 807 Labor Agreements. 

(b) For Employment with an Employer Prior to Employer's Contribution Date: 

(1) If an employer first becomes obligated to contribute to the Pension 

Fund after September 1, 1950 and before January 1, 1972 service with 

such Employer, prior to the first date of contributions, shall be credited 

on the same basis and to the same extent as other creditable 

employment, subject to an actuarial review and approval of the 

Trustees, but not until the employer had been a contributing Employer 

· for at least 2 years. 

(2) If an employer first becomes obligated to contribute to the Pension 

Fund between January 1, 1972 and May 31, 1973, service with such 

employer prior to the first date of contributions shall be credited on the 

same basis and to the same extent as other creditable employment, 

subject to an actuarial review and approval of the Trustees, but not 

until the employer had been a Contributing Employer for at least 5 

years. 

- 17 -

00152 
(3) If an Employer first becomes obligated to contribute to the Pension 

Fund on or after June 1, 1973, service with such Employer, prior to the 

first date of contributions, shall be credited on the same basis and to 

the same extent as other creditable employment, subject to an actuarial 

review and approval of the Trustees, but not until the Employer has 

been a Contributing Employer for at least 4 years. 

(4) Employees of an Employer, organized by Local 807 after the 

Employer first became obligated to contribute to the Pension Fund, 

shall have their service with such Employer, prior to the first date of 

contributions to the Pension Fund on their behalf, credited on the same 

basis and to the same extent as other creditable employment, subject to 

an actuarial review and approval by the Trustees, but not until at least 

ten years of contributions have been made on their behalf. 

(c) Employment after February 1, 1976 and up to February 1, 2012. 

For periods after February 1, 1976, a Participant shall be credited with 

Pension Credits on the basis of his Hours of Service (but excluding Hours of 

Service for which no contribution is required to be paid) in Covered 

Employment in accordance with the following schedule: 

Hours of Service Pension 

In a Plan Credit Year Credits 

Under 250 0 

250 to 499 1⁄4 

500 to 749 1⁄2 

750 to 999 3⁄4 

1000 or over 1 

From and after February 1, 2012, Pension Credits will accrue only in 

accordance with the provisions of Section 3.2(d) and this subsection 4.l(c) 

shall not apply to any pension credits earned prior to February I, 2012. 

4.2 YEARS OF VESTING SERVICE 

(a) General Rule 

A Participant shall be credited with one Year of Vesting Service for each Plan 

Credit Year during the Contribution Period (including periods before he 

became a Participant) in which he completed at least 1,000 Hours of Service 

in Covered Employment, and shall be entitled to one Year of Vesting Service 

for each year of vesting service credited to him by a Related Plan as of the 

- 18 -

00153 
date of his retirement or last day worked under the terms of that Related Plan. 

This rule is subject to the following subsections. 

(b) Additions 

If a Participant works for a Contributing Employer in a job not covered by this 

Plan, but who formerly worked for that employer in Covered Employment, his 

Hours of Service in such non-covered job during the Contribution Period shall 

be counted toward a Year ofVesting Service. 

(c) Exceptions 

A Participant shall not be entitled to credit toward a Year of Vesting Service 

for the following periods: 

(!) Years preceding a Permanent Break in Service, including for this 

purpose, any Permanent Break in Service that may have excluded 

service under the terms of a Related Plan. 

(2) Years before January 1, 1971 unless the Participant earned at least 3 

Years of Vesting Service after December 31, 1970. 

(d) Vested Status is earned as follows: 

(!) A Participant's right to his accrued benefit is nonforfeitable upon his 

attainment ofNormal Retirement Age. 

(2) A Participant with one or more Hours of Service on or after January 1, 

1997, acquires Vested Status upon completion or five (5) Years of 

Vesting Service. 

(3) A Participant who does not meet the requirements in paragraphs (d)(l) 

or (2) above, acquires Vested Status upon completion often (I 0) Years 

of Vesting Service. 

(4) A Participant who is not represented by the Union for purposes of 

collective bargaining and who has an Hour of Service on or after 

February 1, 1989 as a Participant acquires Vested Status upon 

completion of at least five (5) Years of Vesting Service, none of which 

has been canceled by a Permanent Break in Service. 

(e) Years of Vesting Service that are not taken into account because of a 

Permanent Break in Service do not count in determining a Participant's 

Vested Status. 

- 19 -

• 

00154 
(f) ERlSA also provides certain limitations on any Plan amendment that may 

change the Plan's vesting schedule. In accordance with those legal 

limitations, no amendment of this Plan may take away a Participant's Vested 

Status if he has already earned it at the time of the amendment. Also, an 

amendment may not change the schedule on the basis of which Participant 

acquires Vested Status, unless each Participant who has credit for at least 

three Years of Vesting Service at the time the amendment is adopted or 

effective (whichever is later) is given the option of achieving Vested Status on 

the basis of the pre-amendment schedule. That option may be exercised 

within 60 days after the latest ofthe following dates: 

(!) when the amendment was adopted, 

(2) when the amendment was effective, or 

(3) when the Participant was given written notice ofthe amendment. 

4.3 BREAKS IN SERVICE 

(a) General 

If a Participant has a Break in Service before he has attained Vested Status, it 

has the effect of canceling his previously accumulated service under the Plan, 

that is service accumulated to determine his participation, his previously 

credited years of Vesting Service, and his previous Pension Credits. 

However, a Break may be temporary, subject to repair by a sufficient amount 

of subsequent service. A longer Break may be permanent, as explained 

below. 

(b) One-Year Break of Service 

(I) A Participant has a one-year Break in Service in any Plan Credit Year 

after February 1, 1976 in which he fails to complete 250 Hours of 

Service in Covered Employment. 

(2) Time of employment with a Contributing Employer in non-Covered 

Employment after February 1, 1976, if creditable under Section 4.2(b ), 

shall be counted as if it were Covered Employment in determining 

whether a Break in Service has been incurred. 

(3) One Year of Break in Service is repairable, in the sense that its effects 

are eliminated, if, before incurring a Permanent Break in Service, the 

Participant subsequently earns a Year of Vesting Service. In that 

event, previously earned Years of Vesting Service and Pension Credits 

shall be restored. However, nothing in this paragraph (3) shall change 

the effect of a Permanent Break in Service. 

' -

- 20 -

&, 

00155 
(c) Permanent Break in Service.on or after February 1, 1976. 

A person who has not attained Vested Status has a Permanent Break in 

Service if he has consecutive One-Year Breaks-in-Service, including at least 

one after 1975, that equal. or exceed the number of full Years of Vesting 

Service with which he hadJ,,een credited. In any event, however, a Participant 

shall not incur a Permanent Break in Service after August 31, 1987 until his 

consecutive One-Year Breaks-in-Service equal at least five. 

(d) Permanent Break in Service Before February 1, 1976 

A person shall have incurred a Permanent Break in Service before February 1, 

1976 in accordance with the following: 

(1) A break shall be deemed to have occurred if at any time prior to 

September 1, 1950 ari Employe·e lacks credit for thirteen (13) 

consecutive Pension Quarters; or 

(2) A break shall be deemed to have occurred if at any time after 

September 1, 1950 an Employee lacks credit for twenty-one (21) 

consecutive Pension Quarters. 

(e) Exceptions The following quarters shall not be counted toward the 

consecutive calendar quarters constituting a break in the continuity of an 

Employee's Pension Credits: 

(1) Those quarters in which the lack of creditable employment was due to 

disability, but not more than a total of 12 such quarters. For these 

purposes, disability shall mean total inability because of injury or 

disease to engage in creditable employment, whether or not the injury 

or disease is compensable under the Worker's Compensation Law. 

The Employee shall bear the burden of proving such disability to the 

satisfaction of the Board of Trustees. 

(2) Those pension quarters in which Related Pension Credits were earned 

by virtue of actual work in employment covered by a Related Pension 

Plan. 

(3) Solely for the purpose of. determining whether aOne-Year Break in 

Service has occurred, the absence of an Employee from Service by 

reason of (a) her pregnancy, (b) birth of a child of the Employee, (c) 

placement of a child with the Employee in connection with his or her 

adoption of the child, or ( d) care for such child for a period beginning 

immediately after such birth or placement shall be credited as Hours of 

Service to the extent that Hours of Service would have been credited 

but for such absence ( or, where that cannot be determined, eight Hours 

of Service per day of absence) to a maximum of 501 hours for each 

- 21 -

00156 
' 

such pregnancy, childbirth, or placement. The hours so credited shall 

be appited to the Plan Credit Year in which such absence begins, if 

doing so will prevent the Employee from incurring a One-Year Break 

in Service in that Plan Credit Year; otherwise they shall be applied to 

the next Plan Credit Year. The Trustees may require, as a condition ~ ' 

for granting, such credit, that the Employee establish in timely fashion 

and to the satisfaction of the Trustees that the Employee is entitled to 

such credit. This subparagraph shall apply only to absences that begin 

after August 31, 1987. 

(4) Solely for the purpose of determining whether a Participant has 

incurred a Break-in-Service, any leave of absence granted by an 

Employer, up to 12 weeks, that qualifies under the Family and Medical 

Leave Act (FMLA) shall not be counted as a Break-in-Service for 

purposes of determining eligibiJity and vesting. 

(f) Effect ofPermanent Break in Service 

If a person who has not attained Vested Status has a Permanent Break in 

Service: 

(!) His previous Pension Credits and Years of Vesting Service are 

cancelled,and 

(2) His participation is cancelled, new participation being subject to the 

provisions of Section 2.4. 

4.4 NON-WORK PERIODS CREDITED 

An Employee having prior credited service who fails to have service in Covered 

Employment in a Plan Credit Year for at least 1,000 hours shall receive Pension 

Credit at the rate of 20 hours per week for that period, up to a maximum of 1,000 

hours in total combined with work and non-work periods if such failure was due to 

absence from work because of: 

(a) disability up to the maximum period compensated by the weekly accident and 

sickness benefit plan provided by the Local 807 Labor-Management Health 

Fund, or by any other health p1a.i recognized for thjs purpose by the Trustees; 

or 

(b) disability arising from Covered Employment for a period not exceeding 

twenty-four (24) month~, for each period of disa:bility, which was 

compensated under a Workers' Compensation Law, provided that each period 

of disability is preceded by a period <!ff tinie during which at least four ( 4) 

consecutive quarters of Pension Credit are earned in Co_vered Employment. 

However, such entitlement sh11ll under no circumstances continue beyond 

January 31, 2012. If the period of disability begins on or after February 1, . . ' 

- 22 -

00157 
2010, a Participant shall receive Pension Credit for disability arising from 

Covered Employment for a period not exceeding twelve (12) months, for each 

period of total disability, which is covered under a Workers' Compensation 

Law, provided that each period of disability is preceded by a period of time 

during which at least four ( 4) consecutive quarters of Pension Credit are 

earned in Covered Employment. 

(c) Effective for all periods of service beginning on or before December 12, 

1994, and notwithstanding any provision of this Plan to the contrary, 

contributions, benefits and Pension Credits with respect to qualified military 

service will be provided in accordance with Code§ 414(u). Benefit levels for 

all Pension Credits earned under Code§ 414 shall accrue at the rate in effect 

for the last Employer with whom a Participant was employed during the 

period that such Pension Credits were earned. If a Participant dies on or after 

January 1, 2007 \1/hile performing qualified military service ( as defined in 

Code Section 414(u)(5)), the Participant shall be credited with service for the 

period of qualified military service for purposes of vesting under the plan as if 

the Participant had resumed Covered Employment then terminated on account 

ofdeath in accordance with Code Section 414(u)(9). 

(1) Effective for deaths occurring on or after January 1, 2007, to the extent 

required by Code § 401 (a)(3 7), the survivors of a Participant who dies 

while performing qualified military service shall be eligible for any 

additional benefits (other than benefit accruals relating to the period of 

qualified military service) that would have been provided under the 

Plan if the Participant had resumed employment and immediately 

thereafter terminated employment due to death. 

(2) Effective January 1, 2009, to the extent required by Code§ 414(u)(l2) 

and regulations or other guidance issued thereunder, an individual 

receiving differential wage payments (within the meaning of Code 

§ 340l(h)(2)) from the Employer shall be treated as an Employee and 

the differential wage payments shall be treated as compensation. 

(3) For purposes of this section, "qualified military service" means, 

effective December 12, 1994 any service in the uniformed services (as 

defined in Chapter 43 of Title 38 U.S.C.) where the Employee is 

entitled to re-employment rights under such provision for such military 

service (as amended by USERRA or any corresponding previous or 

subsequent law). Any Employer that employs or re-employs an 

Employee following a period of qualified military service shall within 

thirty (3 0) days notify the ·Trustees of such employment or 

reemployment, even if such Employer was not the Employee's 

Employer immediately preceding such qualified military service. 

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4.5 TERMINATED EMPLOYERS 

If an Employer ceases to comply with the definition of Employer as set forth in 

Section 1.6, or if an Employer is declared by the Trustees to have ceased participation 

in the Pension Fund, the following shall apply. 

(a) Employment with that Employer for the period following termination shall not 

be credited as Covered Employment; and 

(b) The rights of all affected Participants to benefits accrued under the Plan will 

be nonforfeitable through the last day of the Plan Credit Year during which 

the Employer was declared by the Trustees to have ceased participation in the 

Fund. 

(c) Other prior employment with that Employer shall still be credited under this . 

Plan (if otherwise creditable) except if a break in employment occurs as 

defined in Article IV; and 

(d) There shall be no refund of contributions nor reversion of assets to a 

terminated Employer, directly or indirectly, nor to any Pension Trust, Annuity 

Contract or Pension Plan of a terminated employer; and 

(e) The limit of liability of the Pension Fund to pay any benefits to an eligible 

Employee of an Employer who terminates participation in the Plan shall be 

limited to the aggregate contributions made by such Terminated Employer 

prior to said Employer being terminated by the Trustees without the addition 

of any interest and without the deduction for administrative costs, but after 

deducting the allocable portions of all benefits previously paid to all 

Pensioners of such Terminated Employer. 

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00159 
ARTICLE V - HUSBAND AND WIFE PENSION 

5.1 GENERAL 

The Husband and Wife Pension provides a lifetime pension for a married (including 

same-sex marriages performed in a state where such marriages are licensed, 

regardless of the Participant's or spouse's state or country of residence) Participant 

plus a lifetime pension for his surviving spouse (as defined in Section 5.11 below), 

starting after the death of the Participant. The Husband and Wife Pension is the 

equivalent of what is referred to in ERISA Section 205 as a "qualified joint and 

survivor annuity". The monthly amount to be paid to the surviving spouse is one-half 

the monthly amount paid to the Participant at Retirement ( or 75% of the monthly 

amount paid to the Participant at Retirement if chosen, referred to as the Optional 

Husband and Wife Pension). When a Husband and Wife Pension is in effect, the 

monthly_ amount of the Participant's pension is reduced in accordance with- the 

provisions of Section 5 .7 froin the full amount otherwise payable. 

5.2 EFFECTIVE DATE 

The provisions of this Article do not apply: 

(a) to a pension, the effective date of which was before September 1, 1976, or 

(b) if the Participant or former Participant incurred a Break in Service before 

September 1, 1976, unless it was subsequently cured by a return to Covered 

Employment. 

5.3 UPON RETIREMENT 

(a) Upon retirement a pension shall be paid in the form of a Husband and Wife 

Pension unless the Participant and his spouse jointly have filed with the 

Trustees, in writing, a timely rejection of that form of Pension, subject to all 

the conditions ofthis Article. 

(b) A Participant and spouse jointly may reject the Husband and Wife Husband 

and Wife Pension ( or revoke a previous rejection) at any time within 180 days 

prior to the Annuity Starting Date. 

5.4 AFTER NORMAL RETIREMENT AGE BUT BEFORE RETIREMENT 

If a Participant who has attained age 65 dies before retirement at a time when he was 

eligible for a pension, a Pension shall be paid to his surviving spouse, if any, as if the 

Participant had retired on a Joint and 50% Survivor Husband and Wife Pension on 

the day before he died. 

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00160 
5.5 DURING ACTIVE SERVICE BEFORE ATTAINMENT OF NORMAL 

RETIREMENT AGE 

(a) After August 22, 1984* a Pre-retirement Husband and Wife Pension will be 

provided to the surviving spouse of every Participant who: 

(1) has a vested right to a current or deferred benefit under the Pension 

Fund based entirely on Service accrued under the Pension Plan, and 

(2) has at least one Hour of Service in Covered Employment since August 

22, 1984,and 

(3) dies after August 22, 1984, but before starting to receive retirement 

benefits. 

- (b). A Participant who (1) had at least one Hour of Service under the Plan after 

September 1, 1974, (2) is vested, (3) had not retired under the Plan before 

August 23, 1984, and (4) is not otherwise entitled to, or eligible to elect, 

protection for a surviving spouse through a "qualified joint and survivor 

annuity" within the meaning of Section 205 of the Act, either before or after 

enactment of the Retirement Equity Act, shall be entitled to receive his benefit 

as a Husband and Wife Pension in accordance with the provisions of this 

Section "Prior to August 23, 1984" by written request filed with the Trustees 

before the Annuity Starting Date. 

(c) A Participant who (1) had at least one Hour of Service for an Employer in the 

first Plan Credit Year after 1975, (2) has a vested right to a pension and credit 

for at least ten years of vesting service, (3) was not receiving pension 

payments under the Plan as of August 23, 1984, and (4) is not otherwise 

entitled to, or eligible to elect, protection for a surviving spouse through a 

"qualified joint and survivor annuity" under this Article as amended on 

account of the Retirement Equity Act of 1984 shall be entitled to elect 

coverage for the Pre-retirement Husband and Wife Pension under the Section 

"After August 22, I 984" by written request filed with the Trustees before his 

death or, if earlier, the date his pension payments start. 

(d) Ifthe Participant or former Participant should die before his earliest retirement 

. date under the Plan, the benefit shall be calculated as if the individual had 

reached that earliest retirement date and died the next day. In such a case, the 

Husband and Wife Pension shall not start until the date the Participant or 

former Participant would first have been eligible to retire. 

* The Pre.Retirement fiusband and Wife Pension is the equivalent of what is referred to in ERISA Section 20S as a "qualified' pr~. 

retirement survivor annuity". 

-26 -

00161 
(e) The Fund will not levy a charge for the Preretirement Husband and Wife 

Pension provided by this Section 5.5 at this time but reserves the right to do so 

at any future date. 

5.6 PRE-RETIREMENT HUSBAND AND WIFE PENSION 

Notwithstanding any other provisions of this Article, a Pre-retirement Husband and 

Wife Pension shall not be paid in the form, manner or amount described above if the 

spouse elects in writing filed with the Trustees, and on whatever form they may 

prescribe, to defer commencement of the Pre-retirement Husband and Wife Pension 

until a specified date that is no later than the first of the month on or immediately 

before the date on which the Participant would have reached age 701⁄2, or if later, 

December 1 of the calendar year following the year of the Participant's death. The 

amount payable at that time shall be determined as described in Section 5 .5 except 

that the benefit shall be paid in accordance with the terms of the plan in effect when 

the Participant last worked in Covered Employment (unless otherwise specified) as if 

the Participant had retired with a Husband and Wife Pension on the day before the 

surviving spouse payments are scheduled to start, and died the next day. 

Notwithstanding any other provisions of the Plan, if the Annuity Starting Date for the 

Pre-Retirement Husband and Wife Benefit is after the Participant's earliest 

retirement date, the benefit shall be determined as if the Participant had died on the 

surviving spouse's Annuity Starting Date after retiring with a Husband and Wife 

Pension the day before, taking into account any actuarial adjustments to the 

Participant's accrued benefit that would have applied as of that date. 

5.7 ADJUSTMENT OF PENSION AMOUNT 

Unless otherwise determined by the Trustees, if a Husband-and-Wife Pension 

becomes effective on or after September I, 2011, the amount of the Participant's 

monthly pension shall be reduced in accordance with the following factors: 

50% Joint and Survivor: 

88% of the Participant's monthly pension plus 0.4% for each full year that the 

spouse's age is greater than the Participant's age or minus 0.4% for each full year that 

the spouse's age is less than the Participant's age with a maximum factor of99%. 

75%.Joint and Survivor ("Optional Husband and Wife Pension"): 

83% of the Participant's monthly pension plus 0.5% for each full year that the 

spouse's age is greater than the Participant's age or minus 0.5% for each full year that 

the spouse's age is less than the Participant's age with a maximum factor of99%. 

.. 

-27 -

00162 
5.8 TRUSTEES' RELIANCE 

The Trustees shall be entitled to rely on written representations, consents, and 

revocations submitted by Participants, spouses or other parties in making 

determinations under this Article and, unless such reliance is arbitrary or capricious, 

the Trustees' determinations shall be final and binding, and shall discharge the 

Pension Fund and its Trustees from liability to the extent of the payments made. This 

means that, unless the Plan is administered in a manner determined to be inconsistent 

with the fiduciary standards of Part 4 of Title I of ERISA, the Pension Fund shall not 

be liable under this Article for duplicate benefits with respect to the same Participant, 

or for surviving spouse benefits in excess of the Actuarial Present Value of the 

benefits described in this section, determined as of the Annuity Starting Date or, if 

earlier, the date of the Participant's death. 

5.9 CONTINUATION OF HUSBAND AND WIFE PENSION FORM 

The monthly amount of the Husband and Wife Pension, once it has become payable, 

shall not be changed regardless of whether the spouse is subsequently divorced from 

the Pensioner or the spouse predeceases the Pensioner. 

5.10 PARTICIPANT AND/OR SPOUSE SIGNATURE 

Whenever under this Plan rejection of a spouse by signature is required or signature 

of a Participant is required in an application for benefits, such signatures shall be in 

writing witnessed by a Notary Public for the State in which the form is signed and 

shall acknowledge the effect ofthe rejection and/or election and/or certification of the 

statement made in a form acceptable to the Trustees. 

5.11 ELIGIBILITY OF SPOUSE 

(a) For purposes of this Plan, a spouse is a person to whom a Participant is 

considered married under applicable law (including same-sex marriages 

performed in a state or country where such marriages are licensed, regardless 

of the Participant's or Spouse's state of residence) or, to the extent provided in 

a Qualified Domestic Relations Order, is designated as a Participant's 

surviving spouse. 

(b) To be eligible to receive the survivor's pension in accordance with a Husband 

and Wife Pension, a spouse is a qualified spouse if the Participant and spouse 

were married on the date of the Participant's death and had been ·married 

throughout the year ending with the date the Participant's pension payments 

start or, if earlier, the date ofdeath. 

(c) A spouse's consent to a waiver of the Husband and Wife Pension shall be 

effective only with respect to that spouse, and shall be irrevocable unless the 

Participant or spouse revokes the waiver to which it relates. No such 

revocation of the waiver shall be effective if the Participant has already 

- 28 -

00163 
commenced receiving pension benefit payments. 

(d) Notice to Participants. Within a period ofno more than 180 days and no fewer 

than 30 days before the Annuity Starting Date (and consistent with Treasury 

regulations) the Trustees shall provide a retiring Participant and his Spouse, if 

any, with a written explanation of: 

(1) the Husband and Wife Pension and the Optional Husband and Wife 

Pension, including a description ofthe full single life pension; 

(2) the Participant's right to make and the effect of an election to waive · 

the normal form of payment; 

(3) the right of the Participant's Spouse to consent to any election of an 

optional form ofpayment; 

(4) the right of the Participant to revoke such election during the 180 day 

election period that ends on the Annuity Starting Date, and the effect 

of such revocation; 

(5) the financial effect of electing an optional form of payment including 

the relative value of the optional forms of payments compared to the 

normal form of payment; and, 

(6) the right to defer any retirement benefit payment and the consequences 

of failing to defer payment of retirement benefits including a 

description of how much larger benefits will be if the commencement 

ofretirement benefit payments is deferred. 

(e) The Husband and Wife Pension may be waived in favor of another form of 

distribution only as follows: 

(I) The Participant files the waiver in writing in such form as the Trustees 

may prescribe, and the Participant's spouse acknowledges the effect of 

the waiver and consents to it in writing witnessed by a notary public, 

or 

(2) The Participant establishes to the satisfaction qfthe Trustees that: 

(i) he or she is not married; 

(ii) the spouse whose consent.would be required cannot be located 

and the Participant has provided all information and executed 

all documents required by the Trustees to establish, to the 

satisfaction of the Trustees, that the spouse cannot be located 

after diligent inquiry; 

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00164 
(iii) the Participant and the spouse are legally separated; or 

(iv) the Participant has been abandoned by the spouse as confirmed 

by court order. 

(3) If the spouse is legally incompetent, consent under this Section may be 

given by his or her . legal guardian, including the Participant if 

authorized to act as the spouse's legal guardian. 

(4) Notwithstanding any other provisions of the Plan, a waiver of the 

Husband and Wife Pension shall not be effective if given more than 

180 days before the Annuity Starting Date. 

(f) In the event a Participant demonstrates to the Trustees' satisfaction that his 

spouse cannot be located (pursuant to Section 5.11 (e)(2)(ii) above), resulting 

in the Participant receiving an uni-educed pension benefit, but the spouse is 

later found and makes a claim for payment, then (i) the Participant's benefit 

will be reduced to reflect the Husband & Wife Pension reduction; and (ii) 

future benefit payments to the Participant shall be withheld until the Fund 

recoups all overpayments, pursuant to Section 7.9(c)(l) or (2) below. 

5.12 RELATION TO QUALIFIED DOMESTIC RELATIONS ORDER 

Any rights of a former spouse or other alternate payee under a Qualified Domestic 

Relations Order, with respect to a Participant's pension, shall take precedence over 

those of any later spouse ofthe Participant under this Article. No Qualified Domestic 

Relations Order may require the Plan to change the form of a benefit that was in pay 

status on or before the later of (i) the date such Order has been duly entered by a 

Court of competent jurisdiction and (ii) the date such Order has been filed with the 

Plan. 

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00165 
ARTICLE VI -APPLICATIONS FOR RETIREMENT AND CLAIMS PROCEDURE 

6.1 

6.2 

6.3 

6.4 

APPLICATIONS 

A pension must be applied for in writing and filed with the Trustees in advance of the 

Annuity Starting Date. To be timely for this purpose, an application need not be 

formally complete provided it gives notice to the Trustees of the applicant's intention 

to retire and desire to begin to receive pension payments as of a certain date. Except 

as provided in Section 6.5, a pension shall first be payable for the first month after the 

month in which the application is filed except to the extent that the Trustees find that 

failure to make timely application was due to extenuating circumstances. 

INFORMATION AND PROOF 

Every claimant for benefits shall furnish, at the request of the Trustees, any 

information or proof reasonably ·required · to determine his benefit rights. If the 

claimant makes a willfully false statement material to his application or claim or 

furnishes fraudulent information or proof material to his application or claim, benefits 

not vested under this Plan (as defined in Section 4.2) may be denied, suspended, or 

discontinued. The Trustees shall have the right to recover, through legal proceedings, 

any benefits paid in reliance on any false statement, information, or proof submitted 

by a claimant (including withholding of material facts) plus interest and costs and 

counsel's fees, without limitation by an offsetting of benefit payments as permitted 

by this section. 

ACTION OF TRUSTEES 

The Trustees shall be the sole judges of the standard of proof required in any case and 

of the application and interpretation of this Plan, and the decisions of the Trustees 

shall be final and binding on all parties. Wherever in the Plan the Trustees are given 

discretionary powers, they shall exercise such powers in a uniform and nondiscriminatory manner. The Pension Fund Office shall process a claim for benefits as 

speedily as is feasible, consistent with the need for adequate information and proof 

necessary to establish the claimant's benefit rights and to commence the payment of 

benefits. The Trustees may at any time by resolution duly adopted, appoint a 

committee for the hearing and consideration of any matter specified by the Trustees, 

and the decision of such committee shall be binding on all parties subject only to 

disapproval or modification by the Board ofTrustees.· 

REVIEW PROCEDURE 

Any Employee, Participant, Spouse, contingent annuitant or Beneficiary or other 

person or entity who shall have any right or claim to benefits under the Plan, or any 

right or claim to payment from the Plan, shall have his claim for benefits, of whatever 

nature, determined in accordance with the procedures set forth below. 

- 31 -

00166 
(a) If a claim for benefits is denied in whole or in part, the claimant will receive 

written notice from the Fund Office of the specific reasons for denial, a 

description of any additional information or material which must be furnished 

in order to correct the claim, and an explanation ofthe steps that may be taken 

to appeal the deniak,.-Such notice ,will .. be sent to the claimant within a 

reasonable period of time after the Fund Office receives the Participant's 

claim and in no event later than 90 days after the claim is filed (unless the 

Fund Office determines that special circumstances require an additional 90 

days). If a claimant does not receive notification of denial of the claim within 

this time period, the claimant may assume that his or her claim has been 

-denied. 

(b) A claimant may request a formal review by the Trustees of the Fund Office's 

denial of his or her claim for benefits. All requests for review must be in 

writing and sent to the Fund office within 60 days of the date upon which the 

claimant received notification of the denial. In connection with such request, 

the claimant and/or the claimant's authorized representative may review any 

documents pertinent to the Fund Office's decision and may submit written 

comments. Failure to request review by the Trustees within the 60 day period 

shall be considered an abandonment of the claimant's claim for benefits and 

there shall be no further recourse left to the claimant. 

(c) The Trustees wi!l review the original decision and wiII advise the claimant in 

writing of their decision on review. The Trustees' decision on review will be 

communicated in writing and will contain the specific reason(s) for the 

decision. The Trustees' decision will be sent to the claimant within 60 days of 

receipt of the request for review, unless special circumstances prevent such a 

timely decision, in which case the decision will be sent no later than 120 days 

from the date of the initial request. In the event the Trustees determine they 

have insufficient information to render a decision, the 60 day period shall not 

commence to run until the first Trustees meeting held after all required 

information has been received. If no decision is communicated within this 

time period, the claimant may assume that the claim has been denied on 

review. 

(d) The Trustees shall be the sole judges of the standard of proof required in any 

case. The Trustees have discretion to apply and interpret the rules of the Fund. 

Furthermore, the Trustees have sole authority and discretion to determine 

whether an individual is eligible for benefits under the Plan and the amount of 

benefits, if any to which an individual is entitled. The Trustees' determination 

with respect to the application and interpretation of any of the provisions of 

the Fund's rules shall be final and binding on all parties. 

(e) No person whose application for benefits under the Plan has been denied, in 

whole or in part, may bring any action in any court or file any charge, 

complaint or action with any state, federal or local government agency prior to 

- 32 -

00167 
6.5 

(a) 

(b) 

(c) 

(d) 

(e) 

BENEFIT PAYMENTS GENERALLY 

exhausting the review process stated above within the time limits as provided 

in this Section. A claimant whose appeal for benefits has been denied by the 

Trustees and who wishes to bring a lawsuit must do so within three years from 

the date on which the Board of Trustees makes its final decision on the 

claimant's .appeal. For all other actions, the claimant must commence 

litigation against the Fi.md or Trustees within three years of the date on which 

the violation of Plan terms is alleged to have occurred. All lawsuits against the 

Fund and/or its Trustees must be brought in the Eastern District Courts of the 

State of New York. A claimant includes, but is not limited to, a Participant 

and his or her Spouse, beneficiary, or alternate payee. 

A Participant who is eligible to receive benefits under this Plan and makes 

application in accordance with the rules of ¢is Pension Plan shall be entitled 

upon retirement to receive the monthly benefits provided for the remainder of 

his life, subject to the provisions ofthis Plan. 

However, in no event, unless a Participant elects otherwise, shall the payment 

of benefits begin later than the 60th day after the later of the close of the Plan 

Credit Year in which: 

(1) The Participant attains Normal Retirement Age, or 

(2) The Participant terminates his Covered Employment and retires as that 

term is defined in Section 6.6 ofthis Article. 

A Participant may, however, elect in writing filed with the Trustees, to receive 

benefits first payable for a later month, provided that no such election 

postpones the Annuity Starting Date ofthe Participant's pension until after the 

Required Beginning Date as defined in Section 6.5(e). 

A Participant who retires before his or her Normal Retirement Age and then 

earns additional benefit accruals under the Plan through reemployment will 

have a separate Annuity Starting Date determined under Section 1.2, except 

that an Annuity Starting Date that is on or after Normal Retirement Age shall 

apply for any additional benefit accrued through reemployment after that date. 

Notwithstanding any provision of the Plan to the contrary, effective January I, 

I 990, the Fund will begin benefit payments to all Participants by their 

Required Beginning Dates, whether or not they apply for benefits. 

(I) A Partic:ipant's Required Beginning Date is April I of the calendar 

year following the year the Participant reaches 701⁄2. 

(2) Notwithstanding paragraph (I) above, for a Participant who reaches 

701⁄2 before 1990 , the Required Beginning Date is April I of the 

- 33 -

•' .. 

00168 
calendar year following the calendar year in which the Participant 

ceases work in Covered Employment if that is later. 

(3) If a Participant who is definitely located fails to file a completed 

application for benefits on a timely basis, the Fund will establish the 

Participant's Required Beginning Date as the Annuity Starting Date · . . . ~ . · and begin benefit payments as follows: · 

(i) In the form of a Husband and Wife Pension calculated on the 

assumptions that the Participant is and has been married for at 

least one year by the date payments start and that the 

Participant is 3 years older than the Spouse. 

(ii) The benefit payment form specified here will be irrevocable 

once it begins, with the sole exception that it may be changed 

to a single-life annuity if the Participant proves that he did not 

have a qualified spouse (including an alternate payee under a 

QDRO) on the Required Beginning Date; also, the amounts of 

future benefits will be adjusted based on the actual age 

difference between the Participant and spouse if proven to be 

different from the foregoing assumptions. 

(iii) Federal, state and local income tax, and any other applicable 

taxes, will be withheld from the benefit payments as required 

by law or determined by the Trustees to be appropriate for the 

protection of the Fund and the Participant. 

(f) Effective as of February I, 1990, any additional benefits earned by a 

Participant in Covered Employment after Normal Retirement Age will be 

determined at the end of each Plan Credit Year and will be payable as of 

February I following the end of the Plan Credit Year in which they accrued, 

provided payment of benefits at that time is not suspended pursuant to Section 

6.7 or postponed due to the Participant's continued employment. 

(g) Effective for Annuity Starting Dates on or after January I, 2010 and 

notwithstanding the foregoing and Section 6.7, a Participant employed in 

Disqualifying Employment, as defined therein, may elect to have his or her 

benefit commence on the first day of the month following the month in which 

the Participant attains age 701⁄2. 

(h) Pension payments shall end with the payment for the month in which the 

death of the Pensioner occurs except as provided in accordance with a 

Husband and Wife pension (Article V) and any other provision of this Plan for 

payments after the death ofthe Pensioner. 

- 34 -

00169 
6.6 RETIREMENT 

(a) General Rule 

To be considered retired, a Participant must have separated from employment 

with any Employer who makes contributions into the Pension Fund or a 

c Related Plan. A Participant shall be· deemed not to have separated from an 

Employer if he retains seniority rights or a right of recall to work with the 

Employer or an employer contributing to a Related Plan. 

(b) Exceptions 

A Participant who has separated from his previous employment, as defined in 

paragraph (a), shall be considered retired notwithstanding subsequent 

employment or re-employment with an Employer for less than 40 hour_s in any 

month, provided he no longer retains seniority rights or right of recall to 

further employment based on his previous employment. A Participant who 

retains seniority rights or a right of recall to work with a Contributing 

Employer shall, notwithstanding paragraph (a), be considered retired if he or 

she has been laid off for an indefinite period and performs no active work for 

the Employer for at least three consecutive calendar months. 

6.7 SUSPENSION OF BENEFITS 

(a) Before Normal Retirement Age 

A Participant's monthly benefit shall be suspended for any month in which the 

Participant is employed in disqualifying employment before he has attained 

Normal Retirement Age. 

(I) "Disqualifying Employment," for the period before the Participant has 

reached his Normal Retirement Age, is 

(i) any employment with any employer who has a Written 

Agreement with the Union, regardless of whether or not the 

employer contributes to the Pension Fund, or, 

(ii) any employment with any Employer who has a bargaining 

agreement with any other local of the International 

Brotherhood of Teamsters, or 

(iii) any employment in a trade, craft and/or industry, as those terms 

• are defined in Regulation 29 CFR 2530.203-3, within which 

the Participant was employed at any time during which 

contributions were made on the Participant's behalf to the 

Pension Fund, or 

- 35 -

00170 
(iv) any employment in an industry or business, trade and/or craft, 

as those terms are defined in Regulation 29 CFR 2530.203-3,in 

which employees covered by the Pension Fund were employed 

and accrued benefits under the Plan as a result of such 

employment at the time of the Participant's retirement, or 

(v) any employment as an employee of Local 807 LaborManagement Health, Pens.ion or Profit Sharing Plan. 

(2) A Participant who accepts disqualifying employment must notify the 

Plan of the employment that may be the basis for suspension of 

benefits under paragraph (!), in accordance with the notification 

requirements of subsection ( d). 

(b) After Normal Retirement Age 

If a Participant has attained Normal Retirement Age, his monthly benefit shall 

be suspended for any month in which he worked or was paid for at least 40 

hours in Totally Disqualifying Employment. 

(1) "Totally Disqualifying Employment," for the period after the 

Participant has reached his Normal Retirement Age, means 

employment or self-employment that is (A) in an Industry Covered by 

the Plan when the Participant's pension payments began, and (B) in 

the geographic area covered by the Plan when the Participant's 

pension began, and (C) in any occupation in which the Participant 

worked under the Plan at any time {bi;,-(D) any occupation covered by 

the Plan at the time the Participant's pension payments began. 

(2) "Industry Covered by the Plan," means the trucking, moving and 

general warehousing industries and any other industry in which 

employees covered by the Plan were employed when the Participant's 

pension began or, but for suspension under this Article, would have 

begun. 

(3) The geographic area covered by the Plan is the State ofNew York plus 

the portions of New York Metropolitan Area in the States of New 

Jersey and Connecticut and any other area covered by the Plan, when 

the Participant's pension began, or, but for suspension under this 

Article, would have begun. 

(4) The geographic area covered by the Plan shall also include any area 

coverea·by a-Plan which, under a reciprocal agreement in effect when 

the Participant's pension payments began, had forwarded contributions 

to this Plan, on the basis of which this Plan accrued benefits for the 

Participant. 

- 36 -

00171 
(5) If a retired Participant re-enters Covered Employment to an extent 

sufficient to cause a suspension of benefits, and his pension payments 

are subsequently resumed, the Industry Covered by the Plan "when the 

Participant's pension began" shall be the Industry and area covered by 

the Plan when his pension was resumed. 

(6) Paid non-work time shall be counted toward the measure of 40 hours if 

paid for vacation, holiday, illness or other incapacity, layoff, jury duty, 

or other leave of absence. However, time compensated under a 

Worker's Compensation or temporary disability benefits law shall not 

be so counted. 

(c) Definition of Suspension 

"Suspension of benefits" for a month means non-entitlement to benefits for 

the month. If benefits were paid for a month for which benefits were later 

determined to be suspended, the overpayment shall be recoverable through 

deductions from future pension payments, pursuant to subsection (g) below, 

and in accordance with Section 6.3. In addition, no adjustment to a benefit 

will be made under Section l 1.4(b )(3)(E) below for any period in which the 

Participant was engaged in Disqualifying Employment. 

(d) Notices 

(1) At Normal Retirement Age or upon commencement of pension 

payments, the Trustees shall notify the Participant of the Plan rules 

governing suspension of benefits, including identity of the industries 

and area covered by the Plan. If benefits have been suspended and 

payment resumed, new notification shall, upon resumption, be given to 

the Participant, if there has been any material change in the suspension 

rule or the identity ofthe industries or area covered by the Plan. 

(2) A Participant shall notify the Plan in writing within 30 days after 

starting any work of a type that is or may be disqualifying under the 

provisions of the Plan and without regard to the number of hours of 

such work (that is, whether or not less than 40 hours in a month). If a 

Participant has worked in disqualifying employment in any month and 

has failed to give timely notice to the Plan of such employment, the 

Trustees shall presume that he worked for at least 40 hours in such 

month and any subsequent month before the Participant gives 

satisfactory notice that he has ceased disqualifying employment. The 

Participant shall have the right to overcome such presumption by 

establishing, to the satisfaction of the Trustees, that his work was not 

in fact an appropriate basis, under the Plan, for suspension of his 

benefits. 

- 37 -

00172 
(3) If a Participant has worked in disqualifying employment for any 

number of hours for a contributing employer and he has failed to give 

timely notice to the Plan of such employment, the Trustees shall 

presume that he has engaged in such work for as long as the employer 

has been and remains actively engaged in the industry. The Participant 

shall have the right to overcome such presumption by establishing, to 

the satisfaction of the Trustees, that his work was not in · fact an 

appropriate basis, under the Plan, for suspension ofhis benefits. 

(4) A Participant whose pension has been suspended shall notify the Plan 

when disqualifying employment has ended. The Trustees shall have 

the right to hold back benefit payments until such notice satisfactory to 

the Trustees is filed with the Plan. 

(5) A Participant may ask the Plan whether a particular employment will 

be disqualifying. The Plan shall provide the Participant with its 

determination. 

(6) The Plan shall inform a Participant of any suspension of his benefits 

by notice given by personal delivery or first class mail during the first 

calendar month in which his benefits are withheld. Such notice shall 

include a description of the specific reasons for the suspension, copy 

or citation to the relevant provisions of the Plan, reference to the 

applicable regulation of the U.S. Department of Labor and a statement 

of the procedure for securing a review of the suspension. In addition, 

the notice shall describe the procedure for the Participant to notify the 

Plan when his disqualifying employment ends. Ifthe Plan intends to 

recover prior overpayment by offset under subsection (g)(l), the 

suspension notice shall explain the offset procedure, identify the 

amount expected to be recovered and the periods of employment to 

which they relate. 

(e) Review 

A Participant shall be entitled to a review of a determination suspending his 

benefits by written request filed with the Trustees within 180 days of the 

notice of suspension. The standard of proof for any such review will be in 

accordance with Section 6.9 below. 

(f) Waiver of Suspension 

The same right of review set forth in Section 6.4 shall apply to a 

determination by or on behalf of the Pension Fund that certain employment is 

or will be disqualifying. The provisions of Section 6.4(e) shall also apply to 

all actions brought against the Trustees. 

- 38 -

00173
The Trustees may, from time to time, adopt by resolution objective standards 

under which benefits will not be suspended for engaging in specified types or 

categories of disqualifying employment, for the period specified in the 

resolution granting the exemption. 

(g) Resumption ofBenefit Payments 

(1) Benefits shall be resumed for months after the last month for which 

benefits were suspended, with payments beginning no later than the 

third month after the last calendar month for which the Participant's 

benefit was suspended, provided the Participant has complied with the 

notification requirements ofparagraph ( d)(2) above. 

(2) Overpayments attributable to payments made for any month or months 

for which the Participant had engaged in disqμalifying employment 

-shall be deducted from pens'ion payments otherwise paid or payable 

subsequent to the period of suspension. A deduction from a monthly 

benefit for a month after the Participant attained Normal Retirement 

Age shall not exceed 25 per cent of the pension amount (before 

reduction), except that should resumption of benefits under subsection 

(1) above not take place during the first month following the last 

month of suspension, payments not made immediately after 

suspension shall be used to offset the overpayments made. If a 

Pensioner dies before recoupment of overpayments has been 

completed, deductions shall be made from the benefits payable to his 

Beneficiary or spouse receiving a pension subject to the 25 percent 

limitation on the rate of deduction. 

(h) No Suspension After Required Beginning Date 

No benefits shall be suspended under this Article for months starting on and 

after a Participant's Required Beginning Date as defined in Section 6.5(e). 

6.8 BENEFIT PAYMENTS FOLLOWING SUSPENSION 

(a) The monthly amount of pension when resumed after suspension shall be 

determined under paragraph (1) or (2), whichever is applicable, and adjusted 

for any optional form of payment in accordance with paragraph (3). Nothing 

in this section shall be understood to extend any benefit increase or adjustment 

effective after the Participant's initial retirement to the amount of pension 

upon resumption of payment, except to the extent that it may be expressly 

required by other provisions of the Plan. · · · 

(I) If the pension was first payable after Normal Retirement Age, any 

resumption shall be at the same monthly amount. 

- 39 -

'!. . 

00174 
(2) If the pension was first payable before Normal Retirement Age, then 

the amount shall be determined as if it were then being determined for 

the first time, but on the basis of an adjusted age. The adjusted age 

shall be the age of the Participant at the beginning of the first month 

for which payment is resumed, reduced by (A) the months for which 

he had received benefits to which he was entitled and (B) the months 

for which his benefits were suspended because of Totally 

Disqualifying Employment, as defined in subsection (b) of Section 6.7. 

This amount shall be determined before adjustment, if any, for pension 

accrual based on re-employment, for changes in the Plan adopted after 

the Participant first retired, and for any offset because of prior 

overpayments. 

(3) A Husband and Wife Pension in effect prior to suspension of benefits 

shall remain effective if the Pensioner's qeath occurs while his benefits 

are in suspension. If a Pensioner has returned to Covered 

Employment, he shall not be entitled to a new election as to the 

Husband and Wife Pension even ifhe has the right to a recomputation 

ofhis pension amount. 

(b) A Pensioner who subsequently returns to Covered Employment for an 

insufficient period of time to complete a Year of Vesting Service shall not be 

entitled to a higher pension amount on subsequent termination of 

employment. 

(c) If a Pensioner completes a Year of Vesting Service after returning to Covered 

Employment, he shall, upon his subsequent retirement, be entitled to a 

recomputation of his pension amount to include any additional benefits earned 

following his reemployment at the benefit level applicable to such period of 

reemployment. 

6.9 STANDARDS OF PROOF 

The Trustees shall be the sole judges of the standards of proof required in any case. 

The Trustees may at any time, by resolution duly adopted, appoint a committee for 

the hearing and consideration of any matter specified by the Trustees, and the 

decision of such committee shall be binding on all parties subject only to disapproval 

or modification by the Board of Trustees-. All Pensioners, as a condition for 

continued receipt of a pension benefit, shall furnish, on request, a Social Security 

authorization to verify retirement as defined in these Rules and Regulations and shall 

furnish any information the Trustees deem necessary to verify retirement. The 

authorization and information request may be made every twelve (12) months. The 

Trustees may suspend any Pensioner's benefit if the Social Security and/or 

information requested are not furnished within the time period prescribed by the 

Trustees, there being a rebuttable presumption that the Pensioner is engaged in 

Disqualifying Employment. 

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00175 
I ' ARTICLE VII - MISCELLANEOUS 

7.1 NON-REVERSION 

It is expressly understood that assets of the Fund shall be used for the exclusive 

benefit of the Participants and Beneficiaries. In no event shall any corpus or assets of 

the Pension Fund revert to an Employer or Employers, or be subject to any claims of 

any kind or nature by an Employer or Employers, except in the case where a 

contribution is made to the Pension Fund by mistake of law or fact. If a contribution 

is made to the Pension Fund by mistake of law or fact, the Plan Administrator may, at 

its discretion and within six months of discovering such mistake, return such 

contribution to the Employer or Employers. 

7.2 LIMITATION OF LIABILITY 

This Pension Plan has been established on the basis of. an actuarial calculation which 

has established, to the extent possible, that the contributions will, if continued, be 

sufficient to maintain the Plan on a permanent basis, fulfilling the funding 

requirements of BRISA. Except for liabilities which result from provisions of 

ERISA, nothing in the Plan shall be construed to impose any obligation to contribute 

beyond the obligation of the Employer to make contributions as stipulated in its 

Written Agreement with the Union. 

There shall be no liability upon the Trustees individually, or collectively, or upon the 

Union to provide the benefits established by the Pension Plan, if the Pension Fund 

does not have assets to make such payments. 

7.3 NEW EMPLOYERS 

If an Employer is sold, merged or otherwise undergoes a change of company identity, 

the successor company shall participate as to the Employees thereafter covered by the 

Pension Plan just as if it were the original company, provided it remains a 

Contributing Employer as defined in Section 1.6. 

No new employer may be admitted to participation in the Pension Fund and this 

Pension Plan except upon approval by the Trustees. The participation of any such 

new Employer shall be subject to such terms and conditions as the Trustees may 

lawfully prescribe including, but not limited to, the imposition of a waiting period in 

connection with the commencement of benefits, a requirement for retroactive 

contributions, or the application of modified benefit conditions. The Trustees shall 

take into account such requirements as they, in their sole discretion, may deem 

necessary to preserve an equitable relationship with the contributions required from 

other participating Employers and the benefits provided to their Employees. 

- 41 -

00176 
' i 7.4 TERMINATED EMPLOYER 

If an Employer's participation in the Pension Fund terminates, the Trustees are 

empowered to cancel any obligation of the Pension Fund with respect to that part of 

any pension for which a person was made eligible on the basis of employment with 

the Employer prior to that Employer's first Contribution Period. Neither shall the 

Trustees, the Employers who remain as _Contributing Employers, nor the Union be 

obliged to make such payments. 

Ifan Employer fails to make contributions when due, the Trustees may, by resolution, 

terminate the Employer as a Contributing Employer. 

7.5 TERMINATION 

The Trustees shall have the right to discontinue or terminate this Plan in whole or in 

part. In the event of a termination ofthis Plan the rights of all affected Participants to 

benefits then accrued, to the extent then funded, shall thereupon become I 00% vested 

and nonforfeitable. Upon a termination ofthe Plan, the Trustees shall take such steps 

as they deem necessary or desirable to comply with Sections 4041 (A) and 428 I of 

ERISA. 

7.6 AMENDMENT 

This Plan may be amended at any time by the Trustees, consistent with the provisions 

of the Trust Agreement and these Rules and Regulations. However, no amendment 

may decrease the accrued benefit of any Participant, except: 

(a) As necessary to establish or maintain the qualification ofthe Plan or the Trust 

Fund under the Code and to maintain compliance of the Plan with the 

requirements of BRISA, or 

(b) If the amendment meets the requirements of BRISA § 302(d)(2) and Code 

§ 412(d)2), and the Secretary of Labor has been notified of such amendment 

and has either approved of it or, within 90 days after the date on which such 

notice was filed, has he failed to disapprove, or 

7.7 

(c) If permitted by law, and the Trustees determine, in their sole discretion, that 

such decrease of accrued benef.its is necessary to maintain the financial 

stability ofthe Fund. • 

• 

MERGERS 

• 

In the case of any merger or consolidation ~ith, or transfer of assets or liabilities to 

any other plan each Participant shall (if.the Plan then terminated) receive a benefit 

immediately after the merger, consolidation or transfer which is equal to or greater 

than the benefit he would have been enlitled to receive immediately before the 

merger, consolidation, or transfer (if this Plan had then terminated). This section 

shall apply to the extent determined by the Pension Benefit Guaranty Corporation. 

~ 42 -

• 

00177 
' 

7.8 INCOMPETENCE OR INCAPACITYOF A PENSIONER OR BENEFICIARY 

If it is determined to the satisfaction of the Trustees that a Pensioner or Beneficiary is 

unable to care for his affairs because of mental or physical incapacity, any payment 

due may be applied, in the sole discretion of the Trustees, to the maintenance and 

support of such Pensioner of Beneficiary or to such person as the Trustees in their 

sole discretion find to be the reasonably predicated expectation of the Pensioner or 

Beneficiary in the manner decided by the Trustees, unless, prior to such payment, 

claim shall have been made for such payment, by a legally-appointed guardian, 

committee, or other legal representative appropriate to receive such payments on 

behalf ofthe Pensioner or Beneficiary. 

7.9 NON-ASSIGNMENT OF BENEFITS 

No Participant, Pensioner or Beneficiary entitled to any benefits under this Pension 

Plan shall have the right to assign, alienate, •transfer, encumber, pledge, mortgage, 

hypothecate, anticipate, or impair in any manner his legal or beneficial interest, or any 

interest in assets of the Pension Fund, or benefits of this Pension Plan. The Pension 

Fund shall not be liable for the debts of any Participant, Pensioner or Beneficiary 

entitled to any benefits under this Plan and no assets of the Fund shall be subject to 

attachment or execution or process in any court action or proceeding 

(a) Notwithstanding the foregoing, paragraph (a) shall not prelude: 

(1) Any benefits from being paid in accordance with the requirements of 

any Qualified Domestic Relations Order; and 

(2) Any offset of a participant's benefits as provided under Code 

§ 401(a)(13) with respect to: 

(i) a judgment or conviction for a crime involving the Plan; 

(ii) a civil judgment, consent order or decree in an action for 

breach or alleged breach of fiduciary duty under ERISA 

involving the Plan; or 

(iii) a settlement agreement between the Participant and either the 

Secretary of Labor or the Pension Benefit Guaranty 

Corporation in connection with a breach of fiduciary duty 

under ERISA by a fiduciary or any other person, which court 

order, judgment, decree or agreement is issued or entered into 

on or after August 5, I 997 and specifically requires the Plan to 

offset against a Participant's benefits. 

- 43. -

00178 
' 

(3) However, an offset under Code § 401(a)(l3) against a married 

Participant's benefits shall be valid only if one of the following 

conditions is satisfied: 

(i) ifwritten spousal consent is obtained; 

(ii) the spouse is required by a judgment, order, decree or 

agreement to pay the Plan any amount; or 

(iii) a judgment, order, decree or agreement provides that the 

spouse shall receive a survivor annuity, as required by Code 

§ 401(a)(l l) , determined as if the Participant terminated 

employment on the offset date (with no offset to his benefits), 

to begin on or after Normal Retirement Age, and providing a 

50% qualified joint and survivor annuity and a qualified preretirement survivor annuity based on the 50% qualified joint 

and survivor annuity. 

(b) Notwithstanding the foregoing, paragraph (a) shall not preclude: 

(I) The Trustees' recoupment of an overpayment of any benefit made to a 

Participant. Such recoupment may be made by the Trustees, in their 

sole discretion, and as permitted by law, by offsetting all or any 

portion of benefits payable to the Participant after such overpayment is 

made. Should the participant die before full reimbursement of the 

overpayment, the Trustees may complete recoupment by offsetting all 

or part of any payment due to a spouse, beneficiary or dependent 

including a former spouse designated as a "surviving spouse" pursuant 

to a QDRO. However, no offset can be effectuated by offsetting the 

benefit of a former spouse, by virtue of a QDRO granting a "separate 

interest annuity" rather than a "shared interest" in the Participant's 

benefit. 

(2) As an alternative to recoupment of an overpayment by offsetting future 

payments as described in paragraph (I) above, the Trustees may 

reduce the amount of a Participant's benefit in the future to an amount 

determined by the Fund's actuary so that the actuarial present value of 

the monthly reduction equals the overpayment plus interest (at a rate 

determined to be reasonable by the Trustees). 

7. 10 NO RIGHT TO ASSETS 

No person other than the Trustees of the Pension Fund shall have any right, title or 

interest in any of the income, or property of any funds received or held by or for the 

account of the Pension Fund, and no person shall have any right to benefits provided 

by the Pension Plan except as expressly provided herein. 

-44 -

00179 
7.11 LAWSAPPLICABLE 

The Plan is intended to comply with BRISA and with the requirements for tax 

qualification under the Code and all regulations thereunder, and is to be interpreted 

and applied consistently with that intent. 

- 45 -

00180 
ARTICLE VIII - PRO-RATA PENSIONS - LOCAL RECIPROCAL AGREEMENTS 

8.1 PURPOSE 

Pro-Rata Pensions are provided under this Plan for persons who would otherwise be 

ineligible because their years of employment have been divided between Covered 

Employment and employment covered by another pension plan or whose pensions 

would otherwise be in less than the full amount because of such division of 

employment. 

8.2 RELATED PLANS 

By resolution duly adopted, the Trustees may recognize another pension plan as a 

Related Plan. 

8.3 COMBINED PENSION CREDITS 

Pension (service) credits accumulated and maintained by a person who elects to retire 

with a Pro-Rata Pension under a Related Plan shall be recognized under this Plan as 

Related Pension Credits. The total of a person's Related Pension Credits and the 

Pension Credits which he has accumulated and maintained directly under this Plan 

(referred to in this Article as 807 Pension Credits) shall be known as his Combined 

Pension Credits. For purposes of this Plan, the term Related Pension Credits does not 

include: 

(a) service disregarded under the terms ofthe Related Plan; 

(b) any service under a Related Plan if the Participant fails or refuses to accept a 

Pro-Rata Pension upon retirement under such Related Plan. 

8.4 ELIGIBILITY 

(a) An Employee shall be eligible for a Pro-Rata Pension under this Plan if he 

meets all of the following requirements: 

(I) he would be eligible for an immediate retirement benefit under this 

Plan if his Combined Pension Credits were treated as 807 Pension 

Credits: 

(2) he has credit for at least eight quarters of 807 Pension Credits based on 

actual employment after August 31, 1952, except that no more than 

two such quarters shall be required if he has credit for at least six 

quarters based on actual employment under the coverage of a Related 

Fund or Funds after August 31, 1952; and 

(3) he is found entitled to a Pro-Rata Pension from the Related Plan under 

which he is last covered before his retirement. 

- 46-

00181 
(b) The Pension Fund under which an Employee is "last covered before his 

retirement" shall be deemed to be the following: 

(!) The Pension Fund associated with the local Union of which he is a 

member at the time of, or immediately prior to, his retirement, or, if he 

is not then a member of any such local Union, then 

(2) The Pension Fund covering the Employer's employees where he was 

principally employed during the period of 3 6 consecutive calendar 

months immediately preceding his retirement. 

(c) A pension is not payable to him from a Related Pension Plan independently of 

its provisions for Pro-Rata Pension (or its equivalent provisions, regardless of 

name). An employee who is otherwise eligible for such a non-Pro-Rata 

Pension may fulfill this requirement by electing not to apply for, or by 

waiving, such other pension. · 

(d) The rule with respect to breaks in service shall be applied to determine 

whether prior Combined Pension Credit shall be cancelled, but Related 

Pension Credits shall be considered in determining whether a break has 

occurred. 

(e) If an Employee is eligible for more than one type of pension under this Plan, 

he shall be entitled to elect the type ofpension he is to receive. 

8.5 BENEFIT AMOUNT 

(a) Pro-Rata Pension Amount. The amount of the Pro-Rata Pension shall be 

determined as follows: 

(!) The amount ofpension to which the Employee would be entitled under 

this Plan taking into account his Combined Service Credit (as if all 

such credit was earned while under this Plan) shall be determined, then 

(2) The amount of service credit earned with the Plan since January I, 

1955, shall be divided by the total amount of Combined Service Credit 

earned by the Employee since January I, 1955, then 

(3) The fraction so determined in ~b) shall be multiplied. by the pension 

amount determined in (a) (the Pro-Rata Portion). The amount of.the 

Pro-Rated Portion shall then be added to any benefit accrued after 

February 1, 2010 pursuant to Sections 3.2(b)-(d) above. The total sum 

shall constitute the amount of the Pro-Rata Pension. 

- 47 -

00182 
(b) "Actual employment since September 1, 1952 for which an Employer has 

contributed" to this or to a Related Pension fund shall include: 

(c) Periods of employment for which the Employer was obligated by its Written 

Agreement to contribute, even though such contributions were not actually 

paid; 

(d) Periods of employment after September 1, 1952 but before the Employer 

became obligated to contribute to the Pension Fund, provided the employment 

was in a job classification subsequently covered by an obligation on the 

Employer to contribute; but only to an extent that the provision of such 

Pension Plan granted pension credit for such prior periods; 

8.6 NON-DUPLICATION OF CREDITS 

(a) In determining the benefit amount under Section 8.5(a)(i), an Employee shall 

not receive more in Combined Pension Credit for any given quarter or year 

than he would receive in pension credit if all of his relevant employment were 

under the coverage of a single plan (whether it be this Plan or one of the 

Related Plans under which he has worked) which would grant him the greatest 

amount of credit for that particular period. 

(b) If in a particular Pension Quarter an Employee has not had a sufficient 

number of days ( or other contribution unit) of Covered Employment to be 

credited with that quarter as Pension Credit from this Fund, but he would have 

sufficient credit if his days ( or other contribution unit) of employment under 

the coverage of a Related Pension Plan were combined with those in Covered 

Employment, he shall be credited with that quarter as a quarter of Combined 

Pension Credit. 

8.7 PAYMENT 

Payment of a Pro-Rata Pension shall be subject to all conditions applicable to the 

commencement of a pension benefit under this Plan, including without limitation, the 

requirement for retirement as defined herein. 

8.8 HONORING OF PENSION CREDITS 

The Trustees shall credit quarters of Related Pension Credit on the basis of the rules, 

procedures and/or'determinations made by the Related Plan under which the relevant 

employment occurred. · 

8.9 RECIPROCAL FUNDS 

The Related Pension Plans which have reciprocal agreements with this Fund are those 

identified or associated with the following Teamster Local Unions: 27, 138, 202, 

282,478, 560,617,641,701,707,804,814,816,824,851 and Local Union 1730 of 

the ILA. 

- 48 -

00183 
ARTICLE IX-PARTIAL PENSION - NATIONAL RECIPROCAL AGREEMENT 

9-1 PURPOSE 

Partial Pensions are provided under this Plan for Employees who would otherwise 

lack sufficient service credit to be eligible for any pension because their years of 

employment were divided between different pension plans or, if eligible, whose 

pensions would be less than the full amount because ofsuch division of employment 

9.2 RELATED PLANS 

By resolution duly adopted, the Trustees recognize one or more other Pension Plans, 

which have executed a Reciprocal Agreement to which this Plan is a party, as a 

Related Plan. 

9.3 RELATED SERVICE CREDITS 

Service credits accumulated and maintained by an employee under a Related Plan 

shall be recognized under this Plan as Related Service Credits. The Trustees shall 

compute Related Service Credits on the basis on which that credit has been earned 

and credited under the Related Plan and certified by the Related Plan to this Plan. 

9.4 COMBINED SERVICE CREDIT 

The total of an Employee's service credit under this Plan and Related Service Credit 

together comprise the employee's Combined Service Credit. Not more than one year 

of Combined Service Credit shall be counted in any calendar year. 

9.5 ELIGIBILITY 

An Employee shall be eligible for a Partial Pension under this Article if he satisfies 

all ofthe following requirements: 

(a) He would be eligible for any type of pension under this Plan (other than a 

Partial Pension) if his Combined Service Credit were treated as service credit 

under this Plan; and 

(b) In addition to any other requirements necessary to be eligible under (a), he 

has, under this Plan, at least two years of service credit based on actual 

employment after his effective date of coverage; anct 

(c) He is found to be(!) eligible for a partial pension from a Related Plan and (2) 

eligible for a partial pension from the Terminal Plan. The Terminal Plan shall 

be deemed to be the Plan associated with the local union which represents the 

employee at the time of, or immediately prior to, his retirement. If at the time 

the employee was not represented by any one such local Union, ...then the 

Terminal Plan is the one to which the bulk of contributions were paid on 

- 49 -

00184 
behalf of the Employee in the 36 consecutive calendar months immediately 

preceding his retirement; and 

(d) A pension is not payable to him from a Related Plan independently of its 

provisions for a Partial Pension. However, an Employee who is entitled to a 

pension other than a Partial Pension from this Plan or a Related Plan may elect 

to waive the other pension and qualify for the Partial Pension. 

9.6 BREAKS IN SERVICE 

In applying the rules of the Plan with respect to cancellation of service credit, any 

period in which an Employee has earned Related Service Credit shall not be counted 

in determining whether there has been a period of no Covered Employment sufficient 

to constitute a break in service. Employment not covered by a Related Plan or 

Terminal Plan for less than five years shall not constitute a break in service. 

9.7 ELECTION OF PENSIONS 

If an Employee is eligible for more than one type of pension under this Plan, he shall 

be entitled to elect the type ofpension he is to receive. 

9.8 PARTIAL PENSION AMOUNT 

The amount of the Partial Pension shall be determined as follows: 

(a) The amount of pension to which the Employee would be entitled under this 

Plan taking into account his Combined Service Credit ( as if all such credit was 

earned while under this Plan) shall be determined, then 

(b) The amount of service credit earned with the Plan since January 1, 1955, shall 

be divided by the total amount of Combined Service Credit earned by the 

Employee since January 1, 1955, then 

(c) The fraction so determined in (b) shall be multiplied by the pension amount 

determined in (a) (the Pro-Rata Portion). The amount of the Pro-Rated Portion 

shall then be added to any benefit accrued after February 1, 2010 pursuant to 

Sections 3.2(6)-(d) above. The total sum shall constitute the amount of the 

Partial Pension. 

9.9 PAYMENT OF PARTIAL PENSIONS 

The payment of a Partial Pension shall be subject to all 'of the conditions contained in 

- this Plan applicable to other types of pensions including, but not limited .to, retirement 

as herein defined and timely application. Partial Pension payments subject to this 

article shall be limited to monthly pension payments to a Pensioner or to monthly 

payments or death benefits to the survivor of a Pensioner. 

- 50 -

00185 
9.10 NATIONAL RECIPROCAL AGREEMENT SIGNATORIES 

'· 

The pension funds that are signatories to the National Reciprocal Agreement are the 

following: 

Trucking Employees of North Jersey Welfare fund, Inc. Pension Fund Jersey City, 

N. J. (IBT Locals 560) 

Teamsters Local 641 Pension Fund 

Warehouse Local 570 Pension Fund (Baltimore, Md.) 

Local Union 469 Pension Trust Fund (Perth Amboy, N.J.) 

Pension Fund Local 445 (Yonkers, N.Y.) 

Road Carriers Local 707 Pension Fund (Hempstead, NY) 

New England Teamsters and Trucking Industry Pension Fund (Mass., Conn., R.I., 

ME., N.H., Vt.) (Local Unions 25, 42, 49, 59, 64, 82, 122, 145, 170, 191, 251, 340, 

379, 404, 437, 443, 493, 504, 526, 536, 559, 597, 633, 653, 671, 677, 686, 735, 829, 

841) 

Connecticut Baking-Milk Industry Teamsters Union Pension Fund (Local Unions 

145,677,443, 191). (Merged with New England). 

Teamsters Local 536 Pension Fund (Wethersfield, Conn.) (Merged with New 

England). 

New England Teamsters and Baking Industry Pension Fund (Local Unions 42, 64, 

170, 340, 404, 493, 494, 559, 653, 686) Methuen, Mass. (Merged with New 

England). 

Bakery Drivers Local 550 and Industry Pension Plan. 

Freight Drivers and Helpers Local Union 557 Pension Fund (Baltimore, Md.) 

Bakery Drivers Local 485 Pension Fund (Pittsburgh, Pa.) 

Teamsters Joint Council 83 of Virginia Pension Fund (Local Unions 22, 29, 171,322, 

539, 592, 822). 

Teamsters Construction Industry and Miscellaneous Pension Fund (Pittsburgh, Pa.) 

(Local Unions 249,341, 872, 30,397,453,564,538,491,963, I IO, 585,261). 

Local 295 Employer Group Pension Trust Fund (NYC) 

- 51 -

00186 
Warehouse Employee's Union Local 169 and Employers Joint Pensions Fund (Also, 

Locals 676 and 384) - Philadelphia, Pa. and vicinity. 

Teamsters Local Union 211 Pension Fund (Pittsburgh, Pa.) 

Cumberland, Maryland Area Teamsters Pension Fund (Local 453) 

Hagerstown Motor Carriers and Teamsters Pension Plan (Local 992) (Hagerstown, 

Md.) 

Teamsters Local 660 Pension Fund (Jersey City, N.J.) 

Central Pennsylvania Teamsters Pension Fund (Local Unions 229, 312, 401, 429, 

430, 764, 765, 771, 773, 776) (Reading, Pa.) 

Warehouse Employers Pension Fund (Local 544) (Minneapolis, Minn.) 

Teamsters Local Union 491 and Industry Pension Fund (Uniontown, Pa.) 

Employer-Teamsters Joint Council 84 Pension Fund (Local Unions 175, 505, 789) 

(Charleston, W. Va.) 

Western Pennsylvania Teamsters and Employers Pension Fund (Local Unions 30, 

110, 205, 211, 249 250, 261, 273, 397, 453, 538, 564, 585, 635, 636, 872 926, 944, 

963) (Pittsburgh, Pa.) 

New York Central Teamsters Pension Fund. (Local Unions 294,295,449,693,917) 

(Englewood, N.J.) 

Local 364 Sales Drivers and Industry Pension Fund (South Bend, Ind.) 

Teamsters Allied Pension Fund of Maryland (Local 311) (Baltimore, Md.) 

Local Union 710 Pension Fund (Chicago, IL) 

Local 852 General Warehousemen's Union Pension Fund (New York, N.Y.) (Merged 

into Local 202) (Separate entity from Union Pension Fund of Local 202) 

New York State Teamsters Conference Pension and Retirement Fund (Local Unions 

65, 118, 182, 232, 294, 317, 375, 398, 449, 506, 529, 648, 649, 687, 693) (Utica, 

N.Y.) 

Central States, Southeast and Southwest Areas Pension Plan (Chicago, II.) 

Teamsters Pension Trust Fund of Philadelphia and Vicinity (Local Unions 107,326, 

312,384,331,470,676,929,513,500,628,161) 

Bakery Drivers Local 802 Pension Fund (Long Island City, N. Y.) 

- 52 -

0018
Dairy Employees Local 316 Pension Fund (Syracuse, N. Y.) 

Upstate New York Bakery Drivers and Industry Pension Fund (Local Unions 65, 316, 

529,669, 687, 791 and Engineers Local 71-71A) (Syracuse, N.Y.) 

United Wire, Metal and Machine Pension Fund (Local 810) (Long Island City, NY) 

Teamsters Local 876 Pension Fund (Salisbury, Md.) 

Teamsters Local 277 Pension Fund (NYC) 

Bakery Drivers and Salesmen Local J94 and Industry Pension Fund (Union, N.J.) 

Pension Trust Fund - Local Union 27 (NYC) 

Teamsters Local Union 210 Pension Fund (NYC) 

Local 805 Pension and Retirement Fund (NYC) 

Local 816 Labor and Management Pension Trust Fund (NYC) 

Pension Fund ofthe NYC Trucking Industry Local 807 (NYC) 

Pension Fund ofthe Albany Area Trucking and Allied Industries, Local 294 (Albany, 

N.Y.) 

Local 804 Pension Fund (Long Island City, N. Y.) 

Local 917 Pension Fund (NYC) 

Teamsters Construction Industry & Miscellaneous Pension Fund (Local 453) 

(Cumberland, Md.) 

Teamsters Union No. 142 Pension Fund (Gary, Ind.) 

Private Sanitation Union Local 813 Pension Fund (NYC) 

Local 1034 Pension Fund (NYC) 

Local 868 International Brot_herhood ofTeamsters Pension Fund (NYC) 

Teamsters Local 639 - Employers Pension Trust (Local Unions 639, 922) 

(Washington, D.C.) 

Teamsters Local 408 Pension Fund (Union, N.J.) 

Johnstown Bakers' and Teamsters Union Pension Fund (Locals 110,453) (Johnstown 

and Bedford, Pa.) 

- 53 -

00188 
Local 282 Pension Trust Fund (Lake Success, NY) 

Bakery and Sales Drives' Local Union 33 Industry Pension Fund (Washington, D.C.) 

Local 1205 Pension Fund (Brooklyn, N.Y) 

Bakery Drive Local 52 and Industry Pension Fund (Cleveland, Ohio) 

West Chester Moving and Storage Industry Pension Fund, Local 445 (Yonkers, N.Y.) 

Teamsters Local 814 Pension Fund (Long Island City, N. Y. ) 

Local 840 Pension Fund (NYC) 

Local 918 Pension Fund (Brooklyn, N.Y.) 

Local 617 Pens.ion Fund (Ridgefield, NJ) 

Teamsters Local 311 Pension Fund of Maryland (Baltimore, MD) 

Teamsters Local 84 Pension Fund (Industrial) (Ft. Lee, NJ) 

NOTE: The above list is subject to modification. It is not a guarantee that these Funds 

will be parties to the national reciprocal agreement at the time of retirement. 

Additional Funds may also become parties between the date of this printing 

and the date of your retirement. 

- 54 -

0018
ARTICLE X - MAXIMUM BENEFITS 

Notwithstanding any provision in the Plan to the contrary, benefits shall be limited in 

accordance with Code § 4 I 5 and the Treasury Regulations thereunder, the provisions of 

which are incorporated by reference. For this purpose, the Limitation Year shall be the Plan 

Year and Compensation shall be as defined in Treasury regulations section l.415(c)-2(d)(3) 

The annual benefit ·shall be adjusted so that it does not exceed the maximum permissible 

amount for that limitation year. 

In addition, the benefit earned or accrued in any Limitation shall be adjusted but only to the 

extent necessary to satisfy Code § 4I5 so that the benefit accrued does not exceed the 

maximum permissible amount that may be accrued or earned in that limitation year. 

In the event that benefits of this Plan must be aggregated with benefits of another plan to 

determine compliance with Code§ 415, the benefits of the other plan shall be adjusted to the 

extent necessary to comply with Code § 415. 

For purposes of satisfying the requirements of Code § 415, the conversion of an annuity that 

is not subject to Code § 417(e) shall be determined as the greater of the equivalent annual 

benefit using either: (a) interest and mortality based on the Plan's factors; or (b) using 

interest at 5% and the applicable mortality table under Revenue Ruling 2001-62 or any 

successor thereto. 

The conversion of an annuity that is subject to Code § 417(e) shall be determined m 

accordance with the following: 

For distributions made in Plan Years prior to January I, 2006: the greater of the equivalent 

annual benefit using either: (i) the interest and mortality based on the Plan's factors; or (ii) 

the annual interest rate for 30-year Treasury securities as specified by the Commissioner of 

the Internal Revenue Service for the month immediately preceding the first month of the Plan 

Year in which a distribution occurs and the applicable mortality table under Revenue Ruling 

2001-62 or any successor thereto. Notwithstanding the foregoing, for purposes of the 

foregoing adjustment, for Plan Years beginning in 2004 and 2005, the interest rate for (ii) 

above shall not be less than 5.5%. 

For distributions made in Plan Years on or after January I, 2006 the greater of the equivalent 

annual benefit using either: (i) the interest and mortality based on the Plan's factors; (ii) the 

annual interest rate for 30-year Treasury securities as specified by the Commissioner of the 

Internal Revenue Service for the month immediately preceding the first month of the Plan 

Year in which a distribution occurs and the applicable mortality table under Revenue Ruling 

2001-62 or any successor thereto; or (iii) the interest rate that would provide a benefit of not 

more than I05% of the benefit that would be provided if the applicable interest rate as 

defined in Code § 417(e)(3) and the applicable mortality table described in Code 

§ 417(e)(3)(B). 

- 55 -

00190 
ARTICLE XI - MINIMUM DISTRIBUTION REQUIREMENTS 

I I.I GENERAL RULES 

(a) Effective Date. The provisions of this Article will apply for purposes of 

determining required minimum distributions for calendar years beginning with 

the 2003 calendar year: 

(b) Precedence. 

(I) The requirements of this Article will take precedence over any 

inconsistent provisions ofthe Plan. 

(2) Except to the extent inconsistent with this Article, all distribution 

options provided under the Plan are preserved. 

(3) This Article does not authorize any distribution options not otherwise 

provided under the Plan. 

(c) Requirements of Treasury Regulations Incorporated. All distributions 

required under this Article will be determined and made in accordance with 

the Treasury regulations under section 401(a)(9) of the Code. 

(d) TEFRA Section 242(b)(2) Elections. Notwithstanding the other provisions of 

this Article, other than this Subsection ( d), distributions may be made under a 

designation made before January 1, 1984, in accordance with section 

242(b )(2) of the Tax Equity and Fiscal Responsibility Act ("TEFRA") and the 

provisions of the plan that relate to section 242(b)(2) ofTEFRA. 

11.2 TIME AND MANNER OF DISTRIBUTION 

(a) Required Beginning Date. The participant's entire interest will be distributed, 

or begin to be distributed, to the Participant no later than the Participant's 

Required Beginning Date. 

(b) Death of Participant Before Distributions Begin. If the Participant dies before 

distributions begin, the Participant's entire interest will be distributed, or 

begin to be distributed, no later than as follows: 

(1). If the Participant's surviving spouse is the Participant's ·sole 

Designated Beneficiary, distributions to the surviving spouse will 

begin by December 31 of the calendar year immediately following the 

calendar year in which the Participant died, or by December 31 of the 

calendar year in which the Participant would have attained age 701⁄2, if 

later. 

- 56 -

00191 
(2) If the Participant's surv1vmg spouse is not the Participant's sole 

Designated Beneficiary, distributions to the Designated Beneficiary 

will begin by December 31 of the calendar year immediately following 

the calendar year in which the Participant died. 

(3) If there is no Designated Beneficiary as of September 30 of the year 

following the year of the Participant's death, the Participant's entire 

interest will be distributed by December 31 of the calendar year 

containing the fifth anniversary of the Participant's death. 

(4) If the Participant's surviving spouse is the Participant's sole 

Designated Beneficiary and the surviving spouse dies after the 

Participant but before distributions to the surviving spouse begin, this 

Section 11.2, other than Section l 1.2(b )(i), will apply as if the 

surviving spouse were the Participant. 

For purposes of this Section 11.2 and Section 11.5, distributions are 

considered to begin on the Participant's Required Beginning Date (or, 

if Section 1 !.2(b)(iv) applies, the date distributions are required to 

begin to the surviving spouse under Section 1 !.2(b)(i)). If annuity 

payments irrevocably commence to the Participant before the 

Participant's Required Begfoning Date ( or to the Participant's 

surviving spouse before the date distributions are required to begin to 

the surviving spouse under Section l !.2(b)(i), the date distributions are 

considered to begin is the date distributions actually commence. 

(c) Form ofDistribution. 

I 

Unless the Participant's interest is distributed in a single sum on or before the 

Required Beginning Date, as of the first distribution calendar year 

distributions will be made in accordance with Section 11.3, 11.4 and 11.5 of 

this Article. 

11.3 DETERMINATION OF AMOUNT TO BE DISTRIBUTED EACH YEAR 

(a) General Annuity Requirements. Ifthe Participant's interest is paid in the form 

of annuity distributions under the Plan, payments under the annuity will 

satisfy the following requirements: 

(!) the annuity distributions will be paid in periodic payments made at 

intervals not longer than one year; 

(i!) the distribution period will be over a life (or lives) or over a period 

certain not longer than the period described in Section 11.4 or 11.5, 

- 57 -

0019
(3) once payments have begun over a period certain, the period certain 

will not be changed even if the period certain is shorter than the 

maximum permitted; 

(4) payments will either be non-increasing or increase only as follows: 

(i) by an annual percentage that does not exceed the annual 

percentage increase in a cost-of-living index that is based on 

prices of all items and issued by the Bureau ofLabor Statistics; 

(ii) to the extent ofthe reduction in the amount of the Participant's 

payments to provide for a survivor benefit upon death, but only 

if the beneficiary whose life was being used to determine the 

distribution period described in Section 11.4 dies or is no 

longer the Participant's beneficiary pursuant to a qualified 

domestic relations order within the meaning of section 414(p); 

(iii) to provide cash refunds of employee contributions upon the 

Participant's death; or 

(iv) to pay increased benefits that result from a Plan amendment. 

(b) Amount Required to be Distributed by Required Beginning Date. The amount 

that must be distributed on or before the Participant's Required Beginning 

Date (or, if the Participant dies before distributions begin, the date 

distributions are required to begin under Section 11.2(b )(i) or (ii)) is the 

payment that is required for one payment interval. The second payment need 

not be made until the end of the next payment interval even if that payment 

interval ends in the next calendar year. Payment intervals are the periods for 

which payments are received, e.g., bi-monthly, monthly, semi-annually, or 

annually. All of the Participant's benefit accruals as of the last day of the first 

distribution calendar year will be included in the calculation of the amount of 

the annuity payments for payment intervals ending on or after the 

Participant's Required Beginning Date. 

(c) Additional Accruals After First Distribution Calendar Year. Any additional 

benefits accruing to the Participant in a calendar year after the first 

distribution calendar year will be distributed beginning with the first payment 

interval ending in the calendar year immediately following the calendar year 

in which such amount accrues. 

11.4 REQUIREMENTS FOR ANNUITY DISTRIBUTIONS THAT COMMENCE' 

DURING PARTICIPANT'S LIFETIME 

(a) Joint Life Annuities. Where the Beneficiary is Not the Participant's Spouse. If 

the Participant's interest is being distributed in the form of a joint and survivor 

annuity for the joint lives of the Participant and a nonspouse beneficiary, 

- 58 -

001
annuity payments to be made on or after the Participant's Required Beginning 

Date to the Designated Beneficiary after the Participant's death must not at 

any time exceed the applicable percentage of the annuity payment for such 

period that would have been payable to the Participant using the table set forth 

in Q&A-2 of section l.40l(a)(9)-6 of the Treasury regulations as adjusted in 

the manner set forth in Q&A-2(c) of that regulation. Ifthe form of distribution 

combines a joint and survivor annuity for the joint lives of the Participant and 

a preceding sentence will apply to annuity payments to be made to the 

Designated Beneficiary after the expiration of the period certain. 

(b) Period Certain Annuities. Unless the Participant's spouse is the sole 

Designated Beneficiary and the form of distribution is a period certain and no 

life annuity, the period certain for an annuity distribution commencing during 

the Participant's lifetime may not exceed the applicable distribution period for 

the Participant under the Uniform Lifetime Table set forth in section 

l.40l(a)(9)-9 of the Treasury regulations for the calendar year that contains 

the annuity starting date. If the Annuity Starting Date precedes the year in 

which the Participant reaches age 70, the applicable distribution period for the 

Participant is the distribution period for age 70 under the Uniform Lifetime 

Table set forth in section l.40l(a)(9)-9 of the Treasury regulations plus the 

excess of 70 over the age of the Participant as of the Participant's birthday in 

the year that contains the Annuity Starting Date. Ifthe Participant's spouse is 

the Participant's sole Designated Beneficiary and the form of distribution is a 

period certain and no life annuity, the period certain may not exceed the 

longer of the Participant's applicable distribution period, as determined under 

this Section l l.04(b), or the joint life and last survivor expectancy of the 

Participant and the Participant's spouse as determined under the Joint and Last 

Survivor Table set forth in section l.40l(a)(9)-9 of the Treasury regulations, 

using the Participant's and spouse's attained ages as of the Participant's and 

spouse's birthdays in the calendar year that contains the Annuity Starting 

Date. 

11.5 REQUIREMENTS FOR MINIMUM DISTRIBUTIONS WHERE PARTICIPANT 

DIES BEFORE DATE DISTRIBUTIONS BEGIN. 

(a) Participant Survived by Designated Beneficiary. If the Participant dies before 

the date distribution of his or her interest begins and there is a Designated 

Beneficiary, the Participant's entire interest will be distributed, beginning no 

later than the time described in Section I l.2(b )(i) or (ii), over the life of the 

Designated Beneficiary or over a period certain not exceeding: 

(1) unless the Annuity Sharing Date is before .the first distribution 

calendar year, the life expectancy of the Designated Beneficiary 

determined using the beneficiary's age as of the beneficiary's birthday 

in the calendar year immediately following the calendar year of the 

Participant's death; or 

, 

- - 59 -

001
(b) 

(c) 

11.6 

(a) 

(b) 

(c) 

(d) 

(2) If the Annuity Starting Date is before the first distribution calendar 

year, the life expectancy of the Designated Beneficiary determined 

using the beneficiary's age as of the beneficiary's birthday in the 

calendar year that contains the Annuity Starting Date. 

No Designated Beneficiary. Ifthe Participant dies before the date distributions 

begin and there is no Designated Beneficiary as of September 3 0 of the year 

following ·the year of the Participant's death, distribution of the Participant's 

entire interest will be completed by December 31 of the calendar year 

containing the fifth anniversary ofthe Participant's death. 

Death of Surviving Spouse Before Distributions to Surviving Spouse Begin. If 

the Participant dies before the date distribution of his or her interest begins, 

the Participant's surviving spouse dies before distributions to the surviving 

spouse begin, this Subsection 11.05 will apply as if the surviving spouse were 

the Participant, except that the time by which distributions must begin will be 

determined without regard to Section 1 !.2(b)(i). 

Designated Beneficiary. The individual who is designated as the beneficiary 

as defined in Article I, Section 3 ofthe Plan and is the Designated Beneficiary 

under Section 401(a)(9) ofthe Internal Revenue Code and section l.401(a)(9)-

4, Q&A-.1, ofthe Treasury regulations. 

Distribution calendar year. A calendar year for which a minimum distribution 

is required. For distributions beginning before the Participant's death, the first 

distribution calendar year is the calendar year immediately proceeding the 

calendar year which contains the Participant's Required Beginning Date. For 

distributions beginning after the Participant's death, the first distribution 

calendar year is the calendar year in which distributions are required to begin 

pursuant to Section 11.2(b ). 

Life expectancy. Life expectancy as computed by use of the Single Life Table 

in section 1.401(a)(9)-9 ofthe Treasury regulations. 

Required Beginning Date. The date specified in Section 6.S(e) ofthe Plan. 

DEFINITIONS 

- 60 -

001
IN WITNESS WHEMOF, 

be executed this / / - da 

7966276vl/01544.001 

- 61 -

00196 
FIRST AMENDMENT 

TOTHE 

LOCAL 807 LABOR-MANAGEMF_:NT PENSION FUND 

This FIRST AMENDMENT TO THE LOCAL 807 LABOR-MANAGEMENT 

PENSION FUND (the "Plan") is made on this 29th day of June, 2018, by the BOARD OF 

TRUSTEES ofthe LOCAL 807 LABOR-MANAGEMENT PENSION FUND (the "Trustees"). 

WHEREAS, the Plan was most recently amended and restated as ofJune 1, 2013; and 

WHEREAS, Section 7.6 of the Plan permits the Trustees to amend the Plan at any time, 

including, under subsection 7.6(c), to. amend the Plan as permitted by law if the Trustees 

determine that such amendment is necessary to maintain the Plan's financial stability; and 

WHEREAS, to maintain such financial stability, the Trustees desire to amend the Plan's 

rules to implement a suspension of Pensioners' benefits, in connection with the Trustees' 

application for Treasury Department approval of such suspension under Section 201 of the 

Multiemployer Pension Reform Act of 2014, 

NOW THEREFORE, BE IT RESOLVED, that the Plan, as amended and restated 

effective as ofJune 1, 2013, is hereby further amended as follows: 

1. Effective May 1, 2019, new Article XII is added to the Plan at the end thereof to read as 

follows: 

"ARTICLE XII-SUSPENSION OF BENEFITS 

12.1 GENERAL RULES 

(a) Monthly pension benefit payments of any type under the Plan payable to any 

Pensioner or Beneficiary who is in pay status as of May 1, 2019, will be 

reduced by 39.5% as of that date. 

(b) Monthly pension benefit payments of any type under the Plan, which are 

being made to any person who first enters into pay status and first becomes a 

Pensioner or Beneficiary receiving payments after May 1, 2019, and which 

are attributable to benefits earned under the Plan as of May 1, 2019, will be 

reduced by 39.5% as ofthe date on which he or she first enters into pay status, 

with the reduction applied to payments made in the form in which the pension 

is to be paid. 

(c) In the case of any Participant whose monthly pension benefit payments are 

reduced under (b ), ifthe Participant earned more than 25 Pension Credits at 

retirement, then following the date ofthe reduction, the portion ofthe 

Participant's monthly pension benefit associated with Pension Credits up to 25 

4815-6500-7719. v. 1 

00197 
will be based on the highest 25 years ofbenefits accruals, including the 

benefit accruals that have been reduced by 39.5%. 

12.2 EXCEPTIONS TO THE CIBNERAL RULES/APPLICATION OF THIS 

AMENDMENT 

(a) In the case of a Pensioner or Beneficiary who is at least age 75 as ofthe end 

ofthe month in which occurs the later ofMay I, 2019 or the date on which he 

or she first enters into pay status, the following shall apply: The reduction of 

such Pensioner's or Beneficiary's monthly pension benefit payments under 

Section 12.1 cannot exceed the applicable percentage of the maximum 

suspendable benefit. For this purpose, the "maximum suspendable benefit", 

with respect to any Pensioner or Beneficiary, is the amount by which his or 

her monthly pension benefit payments would be reduced under Section 12.1 

above ifnot for this Section 12.2(a). The "applicable percentage" is the 

percentage obtained by dividing (i) the number ofmonths during the period 

which begins with the month after the month in which occurs the later of May 

1, 2019 or the date on which the Pensioner or Beneficiary first enters into pay 

status, and which ends with the month during which the Pensioner or 

Beneficiary attains the age of 80, by (ii) 60. 

(b) In no event shall any reduction under Section 12.1 apply to any Pensioner who 

is receiving a disability pension benefit, or to any Pensioner of Beneficiary 

who is at least age 80 as ofthe end ofthe month in which occurs the later of 

May 1, 2019 or the date on which he or she first enters pay status. 

(c) In no event shall any Pensioner's or Beneficiary's monthly pension benefit be 

reduced below 110% ofthe monthly PBGC-guaranteed benefit that applies to 

such Pensioner. 

(d) No more than one reduction shall be made with respect to the monthly 

pension benefit payments of any Participant. In the case of any alternate payee 

under a Qualified Domestic 1telations Order (a "QDRO"), who is receiving 

payments under the QDRO at the time that a reduction under Section 12.1 

above would be made to the monthly pension benefit payments ofthe 

Participant covered by the QDRO, the reduction shall be applied separately to 

the payments made by the Plan to the Participant (after application ofthe 

QDRO) and the payments made by the Plan to the alternate payee under the 

QDRO (as ifhe or she was a Participant). The reduction made to the 

payments to the alternate payee will be subject to the limits ofthis Section 

12.2, as modified by Treas. Reg. Sec. l.432(e)(9)-l(d). 

4815-6500-7719, V. 1 

00198 
(e) This rules in this First Amendment will apply, notwithstanding any provision 

elsewhere in the Plan to the contrary. However, in no event shall this First 

Amendment be effective unless the Treas,ury Department issues a final 

authorization; to suspend, benefits in accordance with the applicable 

regulations, prior to May 1, 2019. 

IN WITNESS THEREOF, the Trustees have caused this FIRST AMENDMENT to the 

Plan to be executed as ofthe date first above written. 

EMPLOYER TRUSTEES UNION TRUSTEES 

4815-6500-7719. V. 1 

00199 
LOCAL 807 

LABOR-MANAGEMENT 

PENSION PLAN 

SUMMARY PLAN DESCRIPTION 

2016 

Local 807 Labor-Management Benefit Funds 

32-43 49th Street 

Long Island City, New York 11103 

00200 
00201 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

Union Trnstees 

Mr. John Sullivan 

President 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY 11103 

Mr. Anthony Storz 

Secretary-Treasurer 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY I I 103 

Mr. Luis Herrera 

Vice-President 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY 11103 

32-43 49th Street 

Long Island City, NY I I 103 

Phone: (718) 274-5353 

Fax: (718) 956-6369 

FUND MANAGER 

Alfred Fernandez 

FUND Co-COUNSEL 

New & Karfunkel, PC 

Cary Kane, LLP 

CONSULTANTS AND ACTUARIES 

The Segal Company 

FUND ACCOUNTANT 

Schultheis & Panettieri 

BOARD OF TRUSTEES 

Employer Trustees 

Mr. John Zak 

CEO 

Airweld, Inc. 

94 Marine Street 

Farmingdale, NY 11735 

Mr. Anthony Zapulla 

McKinney Welding Supply Co., Inc. 

535 West 52nd Street 

New York, NY 10019 

Mr. Allen Swerdlick 

Kamco Supply Corporation 

80 2 I st Stfeet 

Brooklyn, NY 11232 

00202 
(j 

00203 
May, 2016 

Dear Participant: 

We are pleased to provide you with this booklet summarizing the provisions ofthe Local 807 

Labor-Management Pension Fund (the "Plan"). The Plan is a defined benefit plan, designed 

to pay you benefits at your retirement. 

This booklet describes the main features of the Plan and is called a Summary Plan 

Description ("SPD"). As you look through it, you will learn how and when you can become a 

participant in the Plan, how you earn credit for a pension benefit, the forms of benefits 

available under the Plan and when they are payable, and the circumstances under which you 

can lose credit that you have earned towards a pension benefit. 

To make this information as clear as possible, every effort has been made to write this SPD 

in a plain, straightforward manner. Please read this SPD carefully and show it to your family. 

It is important for your family to be aware of the benefits available to you under the Plan, 

including the Plan's survivor protection features. 

In translating from legal language to everyday English, we have done our best to explain 

everything correctly. However, this SPD is not a substitute for the official Plan documents 

and does not change or otherwise alter the terms of the Plan. If there are any discrepancies 

between this SPD and the Plan documents, the language of the Plan documents is controlling 

in all cases. The Plan rules and regulations, and other official Plan documents, such as the 

trust agreement under which the Plan was established and applicable collective bargaining 

agreements, are available for your inspection at the Plan Office. 

You may direct any questions you may have about your benefits to the Office of the Plan's 

Fund Manager. 

Sincerely, 

The Board ofTrustees 

/ 

00204 . 
00205 
Table of Contents 

INTRODUCTION..........................................................................................................................1 

PARTICIPATION IN THE PLAN ..............................................................................................2 

REHABILITATION PLAN ..........................................................................................................3 

Benefits Under the Rehabilitation Plan .................................................................................3 

YOUR PENSION BENEFITS ......................................................................................................4 

Regular Pension ...................................................................................................................... .4 

Early Retirement Pension .......................................................................................................6 

Deferred Vested Pension .......................... : .............................................................................. 7 

Pro-Rata Pensions and Partial Pensions ................................................................................7 

PENSION CREDIT AND VESTING SERVICE ........................................................................8 

Pension Credit ..........................................................................................................................8 

Earning Pension Credit During the Contribution Period ....................................................8 

Earning Pension Credit Prior to the Contribution Period ...................................................9 

Credit for Non-Work Periods .................................................................................................9 

Vesting Service ....................................................................................................................... 10 

BREAKS IN SERVICE ...............................................................................................................11 

Can You Lose Pension Credit and Years of Vesting Service? ........................................... 11 

One-Year Break in Service ................................................................................................... 11 

Grace Periods ......................................................................................................................... 11 

Permanent Break in Service ................................................................................................. 12 

FORMS OF PAYMENT .............................................................................................................13 

How is Your Pension Benefit Paid? ...................................................................................... 13 

Husband & Wife Pension at Retirement .............................................................................13 

Single Life Annuity Pension at Retirement .........................................................................14 

Pre-Retirement Death Benefits ............................................................................................. 14 

Lump Sum Payments ............................................................................................................. 14 

Direct Rollovers ...................................................................................................................... 15 

.. 

ABOUT RETIREMENT AND SUSPENSION OF BENEFITS ..............................................16 

What Happens if You Were Paid Pension Benefits While You Were Working 

Can You Return to Work in a Job That is Not Considered Disqualifying 

What is Retirement? ............................................................. , ................................................ 16 

What is Suspension of Benefits? ........................................................................................... 16 

Disqualifying Employment Before Normal Retirement Age ............................................. 16 

Disqualifying Employment After Normal Retirement Age ............................................... 16 

in Disqualifying Employment? ....................................................................................... 17 

Who Should You Notify if You Work in Disqualifying Employment? ............................. 17 

Employment?.................................................................................................................... 17 

00206 
When Will My Pension Benefit Payments Begin After They Have Been 

Snspended? .......................................................................................................................17 

APPLYING FOR BENEFITS ....................................................................................................18 

Filing an Application ............................................................................................................. 18 

If Yonr Application is Denied ...............................................................................................18 

Trnstees Authority ................................................................................................................. 19 

Receiving Your Pension Benefit ...........................................................................................19 

Non-Assignment of Benefits ..................................................................................................20 

WHAT HAPPENS IF THE PLAN TERMINATES? ...............................................................21 

Pension Benefit Guaranty Corporation (PBGC) ................................................................21 

YOUR RIGHTS UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY 

ACT (ERISA) .........................................................................................................................22 

Receive Information About Your Plan and Benefits ..........................................................22 

Prudent Actions by Plan Fiduciaries ....................................................................................22 

Enforce Your Rights ..............................................................................................................22 

Assistance with Your Questions ...........................................................................................23 

ADMINISTRATIVE INFORMATION .....................................................................................24 

' 00207 
Introduction 

The "Plan" is maintained under collective bargaining agreements between certain employers and Truck 

Drivers Local Union No. 807, affiliated with the International Brotherhood of Teamsters (the "Union"). 

These agreements require the employers to contribute to the Plan on behalf of their employees covered 

by the collective bargaining agreements. Each such employer is referred to in this SPD as a 

"Contributing Employer." The Plan is completely financed by contributions from Contributing 

Employers. You pay nothing. 

You may participate in the Plan if you work for a Contributing Employer or for this Plan, the Local 807 

Labor-Management Health Fund, the Local 807 Annuity Fund, or the Union. Under some 

circumstances, you may participate in the Plan if you are a leased employee. Such employment is 

referred to as "Covered Employment." Upon written request, the Plan Office will provide you with 

information as to whether an employer is a Contributing Employer under the Plan. When this booklet 

refers to "you," it assumes that you are an employee covered by the Plan. 

The Plan is administered exclusively by a Board of Trustees (the "Trustees") consisting of 

representatives of the Union and of the Contributing Employers. The Union Trustees and the Employer 

Trustees have equal voting rights and serve without compensation. The Trustees have the sole power 

and discretionary authority to construe and interpret the terms of the Plan, and no individuals have any 

authority to interpret the Plan ( or other applicable documents) or to make any promises to you about it, 

including any claim for benefits. 

The Plan has been determined to be tax-qualified by the Internal Revenue Service. The contributions 

made by Contributing Employers are held in a trust fund (the "Pension Fund") established for the 

purpose of paying benefits provided under the Plan. 

Local 807 Labor-Management Pension Plan 

00208 
Participation in the Plan 

You will become a participant in the Plan on.the earliest February I or August I following completion 

of the first 12-consecutive-month period during which you have completed at least 1,000 Hours of 

Service in Covered Employment. 

You may also complete the required 1,000 Hours of Service if you perform non-covered work for your 

Employer on a continuous basis with your Covered Employment with the same Employer. Covered 

Employment is employment with an Employer who is required to make contributions to the Plan. 

If you fail to complete at least 1,000 Hours of Service during the first 12-consecutive-month period 

referenced above, you will become a participant no later than the earlier of February I st or August I st 

after the close of the following Plan Credit Year in which you complete at least 1,000 Hours of Service, 

beginning with the first Plan Credit Year after the date you complete one Hour of Service. The Fund's 

Plan Credit Year is February 1

st to January 31st. 

You will remain a participant unless you have a Break in Service, which will occur in any Plan Credit 

Year in which you fail to complete 250 Hours of Service in Covered Employment. A Plan Credit Year is 

the period from February I through the following January 31. The Break in Service rules are more 

completely discussed beginning on page 12 of the SPD. However, if you retire or are fully vested in 

your benefit, your participation in the Plan will not be interrupted. 

If you do have a Break in Service, but later return to Covered Employment, you will resume 

participation in the Plan after you have completed at least 1,000 Hours of Service during the first twelveconsecutive-month period following the Plan Credit Year (February I - January 31) during which your 

participation terminated. Your participation will be retroactive to the date of the first Hour of Service 

you earned following re-employment. 

If you were a member of Local 282 who was transferred to Local 807 under the decision of the General 

Executive Board of the International Brotherhood of Teamsters, you have the same benefits, rights and 

privileges as all other participants under this Plan. 

Local 807 Labor-Management Pension Plan 

00209 

2 
Rehabilitation Plan 

As you know, the Local 807 Management-Labor Pension Fund was certified in critical status by the 

Fund's actuary as of September I, 2010. This is due to many factors, including, but not limited to, a 

decline in union employers in the industries covered by the Local 807 Fund and poor economic 

conditions, especially large losses in 2008. As required by law, the Board of Trustees adopted a 

Rehabilitation Plan on October 16, 2012 that provides for increases in employer contributions and 

reductions in benefits in order to improve the financial health of the Plan. 

Benefits Under the Rehabilitation Plan 

The following benefits were reduced or eliminated under the terms of the Rehabilitation Plan: 

• The amount ofthe Early Retirement Pension was reduced to be the actuarial equivalent of the benefit 

payable at age 65. 

• The Service Pension and Disability Pension were eliminated. 

• The 60-month guarantee of pension payments was eliminated. If you elect a single-life annuity, no 

additional benefits will be payable after your death, despite the length of time you were retired. 

• The factors for determining the amount of the 50% or 75% Husband & Wife Pension have been 

changed to be the actuarial equivalent of the single-life annuity. 

• Pre-Retirement Death Benefits - if you are not married and you die before retirement, no benefit will 

be payable to any beneficiary. 

• The $1,000 Pension Death Benefit was eliminated. 

Spouse's Benefit. If you are married when you retire, you may elect a 50% or 75% Husband & Wife 

Pension that provides a survivor's benefit for your spouse. 

If you are married and die prior to retirement, your surviving spouse will still be eligible for a PreRetirement Surviving Spouse Pension. 

In addition to the above benefit changes, the benefit you earn for credits earned after January 31, 2012 

will be based on a different formula. For each Plan Credit Year beginning on or after February 1, 2012 

that you work at least 250 hours, your benefit will be the lesser of: 

1. I% of the product of: (A) the number of hours for which contributions are due on your behalf in a 

Plan Credit Year times (B) the contribution rate in effect for your employer on August 31, 20 l l, or 

2. The benefit level that was in effect under the Plan on September I, 2011, multiplied by the Pension 

Credit earned in the Plan Year. 

Local 807 Labor-Management Pension Plan 3 

• 

." 

00210 
Your Pension Benefits 

There are four types of retirement benefits provided under the Plan: 

• Regular Pension 

• Early Retirement Pension 

• Deferred Pension 

• Pro-Rata Pension 

Regular Pension 

You are eligible to retire on a Regular Pension when you have reached Normal Retirement Age (i.e., the 

later of age 65 or your age on your fifth anniversary of participation). 

The monthly amount of the Regular Pension is the total of the benefit you had earned as of January 31, 

2010, plus the benefit you earn for each Plan Credit Year beginning on or after February I, 2010. A Plan 

Credit Year is the period from February I through January 31. These benefit amounts are determined as 

follows: 

Benefit Amount Accrued as ofJanuary 31, 2010 

Your monthly benefit amount accrued as of January 31, 20 IO is calculated based on the contrition rate in 

effect as of January 31, 2010, or, if earlier, the date you stopped working in Covered Employment. 

For the period before February 1, 2010, if you worked under a collective bargaining agreement that 

provided for contributions by your employer at the Defined Rate, and you worked in Covered 

Employment on or after May I, 2001, your monthly benefit amount as ofJanuary 31, 2010 is equal to: 

• $165.00 times the number of Pension Credits you earned, up to a maximum of25 Pension Credits 

PLUS 

• $20.49 times the number of Pension Credits you earned in excess of 25 Pension Credits. 

The "Defined Rate" is any contribution rate that is $4.315 per hour or above. If your employer was 

making contributions on your behalf at the Defined Rate, and you worked in Covered Employment on or 

after May 1, 200 I, your pension as of January 31, 2010 will be determined based on the benefit level 

above. 

If you did not work in Covered Employment on or after May I, 2001, your benefit level will be based on 

the Plan in effect at the time you stopped working in Covered Employment. If, during the period before 

February I, 2010 you did not work under a collective bargaining agreement that provided for 

contributions by your employer at the Defined Rate, your benefit level will be determined based on the 

rate at which your employer was required to contribute to the Plan as ofJanuary 31,2010. Benefit levels 

for rates below $4.315 range from $2.06 to $ I 64.96 per month for each of the first 25 Pension Credits 

and $0.30 to $20.48 per month for each Pension Credit in excess of 25. 

Local 807 Labor-Management Pension Plan 

00211 

4 
If you worked under an agreement requiring contributions at a "Non-Defined Rate," or you stopped 

working in Covered Employment-prior to May 1, 2001, the Fund Office will, upon request, provide you 

with information on the amount of your benefit. 

Benefit Amount Accrued for Plan Credit Years from February 1, 2010 through 

January 31, 2011 

For the two Plan Credit Years beginning February 1, 2010 and February 1, 2011, the benefit level will 

be determined based on the contribution rate that your employer made on your behalf under the terms of 

the collective bargaining agreement. The accrual added to your monthly pension benefit for each of 

those two Plan Credit Years will be based on the highest contribution rate that was made on your behalf 

for at least 250 hours during the Plan Credit Year. 

Benefit Amount Accrued for Plan Credit Years beginning on or after February 1, 2012 

For each Plan Credit Year beginning on or after February 1, 2012, your monthly benefit is equal to the 

lesser of: 

• 1 % of the product of: (A) the number of hours for which contributions are due on your behalf in a 

Plan Credit Year (minimum of250 hours) times (B) the contribution rate in effect for your Employer 

on August 31, 2011, or 

• The benefit level that was in effect under the Plan on September 1, 2011, multiplied by the Pension 

Credit earned during such Plan Credit Year. 

For example: Suppose you are age 65 and you retire on February I, 2015, with 25 Pension Credits, and 

you had worked under the Defined Rate. Your monthly benefit would be determined as follows: 

• Your had earned 20 Pension Credits as of January 31, 2010, so the first part of your benefit will be 

$3,300 (20 X $165.00) 

• You had earned one Pension Credit in the year ending January 31, 2011 and one Pension Credit in 

the year ending January 31, 2012, for an additional $330.00. (2 x $165) 

• For each of the three Plan Credit Years from February 1, 2012 through January 31, 2015, your 

employer's contribution rate was $7.215, and the number of hours you worked were different in each 

year. 

The amount of your pension will be $3,954.68, which is the total of: 

• Benefit as of January 31, 20 I 0: $3,300.00 

• Benefit for year ending January 31, 2011: $165.00 

• Benefit for year ending January 31, 2012: $165.00 

• 1500 Hours worked 2/l/2012-1/31/2013: 1,500 X $7.2]5 X 1% = $108.23 

(which is less than $165 times 1 Pension Credit) 

Local 807 Labor-Management Pension Plan 5 

00212 
• 1000 Hours worked 2/l/2013-1/31/2014: 1000 X $7.215 X 1% = $72.15 

(which is less than $165 times 1 Pension Credit) 

• 2000 Hours worked 2/l/2014-1/31/2015: 2000 x $7.215 x I%= $144.30 

(which is less than $I65 times I Pension Credit) 

• Total Monthly Pension $3,954.68 

Early Retirement Pension 

You are eligible to retire on an Early Retirement Pension if you are at least 55 years old and have earned 

at least 15 Pension Credits. 

·The amount of your Early Retirement Pension will be a percentage of your Regular Pension amount, and 

is the actuarial equivalent of the amount that would have been payable at age 65. This percentage is 

based on your age at the time your Early Retirement Pension begins, according to the following 

schedule: 

Percentage of Age Regular Pension 

55 36.59% 

56 40.12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

For example: Suppose you are age 62 when you retire on February I, 2015, and you had earned 25 

•Pension Credits as in the example above. Your monthly benefit would be reduced for early payment, and 

would be a percentage of your Regular Pension, determined as follows: 

• Because you are age 62, your Early Retirement Pension amount will be 72.35% of the Regular 

Pension amount, determined as follows: 

$3,954.68 X 72.35% = $2,861.21 

o In this example, the monthly Early Retirement Pension would be $2,861.21. 

Local 807 Labor-Management Pension Plan 

00213 

0 

6 
Deferred Vested Pension 

You become entitled to a Deferred Pension if you have attained Vested Status, you are at least 65 years 

old, and you have at least five Pension Credits. Deferred Vested Pensions are for those participants who 

have left Covered Employment some time prior to retirement. 

You attain Vested Status when you have earned five Years of Vesting Service, provided you completed 

at least one Hour of Service on or after 1997, or if you have reached Normal Retirement Age while you 

are a Participant in the Plan. Your Normal Retirement Age is age 65 or the fifth anniversary of your 

participation in the Plan. 

The amount of your Deferred Vested Pension will be calculated in the same manner as a Regular 

Pension, based on the formula in effect at the time you last worked in Covered Employment. It is 

payable at Normal Retirement Age or as early as age 55, if you meet the requirements for an Early 

Retirement Pension. If retiring before Normal Retirement Age, your benefit will be calculated pursuant 

to the rules for Early Retirement Pension set forth above. 

Pro-Rata Pensions and Partial Pensions 

If you have not earned sufficient credit under this Plan to be eligible for a pension, but have earned 

pension credit under another plan with which the Trustees have entered into a Reciprocal Agreement, 

you may be eligible for a Pro-Rata or Partial Pension under the terms of that Reciprocal Agreement. 

Plans that have entered into a Reciprocal Agreement with this Plan are "Related Plans." 

If you worked part of the time in Covered Employment under this Plan and part of the time in work 

covered by another fund recognized by the Local 807 Fund as a Related Plan, your combined Years of 

Service will be counted for purposes of determining your eligibility for a pension. 

To become eligible for a Partial or Pro Rata Pension, you must meet all of the following conditions and 

qualify for a Partial or Pro Rata Pension from at least one other pension fund that has signed an 

agreement with this Plan: 

• You must be entitled to a Partial or Pro-Rata Pension from the fund under which you were last 

covered; 

AND 

• You must be eligible for one of the pensions provided under this Plan based on your Combined 

Pension Credits earned under this Plan and the Related Plan(s); 

AND ... 

• You must have two years of credit under this Plan for a Partial Pension, or you must have eight 

quarters of service credit under this Plan for a Pro-Rata Pension. 

To find out if you are eligible for a Pro-Rata Pension or a Partial Pension, you must file an application 

for benefits with each pension fund in which you participated during your working career. To find the 

amount of your Pro-Rata Pension, please call the Plan Office. 

Local 7 807 Labor-Management Pension Plan 

< .. 

00214 
Pension Credit and Vesting Service 

The length of your Covered Employment affects the amount of your pension under this Plan in two 

important ways. The number of Pension Credits you earn determine the amount of your monthly benefit 

and your eligibility for a Regular or Early Pension. Your Years of Vesting Service determine when your 

right to receive a pension becomes non-forfeitable. This section explains how you accumulate Pension 

Credits and Years of Vesting Service, and also how you can lose Pension Credits and the Years of 

Vesting Service you have already accumulated. 

Pension Credit 

Pension Credit is accumulated in two ways: 

• Credit for Covered Employment during the Contribution Period, and 

• Credit for Covered Employment before the Contribution Period. 

The Contribution Period is the time during which your Employer contributed or was obligated to 

contribute to this Pension Plan on your behalf. Pension Credits are granted in quarter-year units. A 

Pension Quarter is defined as any period of three consecutive months starting August I st

, November I st

, 

February 1

st or May 1st. 

Earning Pension Credit During the Contribution Period 

September 1, 1950 through November 30, 1954 

One quarter of a year of Pension Credit is granted for each Pension Quarter in which you worked 36 

days or more in Covered Employment. 1 

December 1, 1954 through January 31, 1976 

One quarter of a year of Pension Credit is granted for each Pension Quarter in which you worked 25 

days or more in Covered Employment. 

1ContributiO.JlS due for non-w.ork days (such as paid sick and vacation time) count towards "days worked." 

Local 807 Labor-Management Pension Plan 

00215 

8 
On or after February 1, 1976 

Pension Credit is granted according to the following schedule on the basis of Hours of Service rather 

than days worked, regardless of what month they were worked: 

Hours of Service (work) 

in Plan Credit Year* Pension Credits 

Under 250 0 

250 to 499 1⁄4 

500 to 749 1⁄2 

750 to 999 3⁄4 

1,000 hours or more 1 

* February I through January 31. 

Earning Pension Credit Prior to the Contribution Period 

Pension Credit is granted prior to the Contribution Period for work in Covered Employment on the same 

basis and to the same extent as other creditable employment, subject to an actuarial review and approval 

by the Trustees. 

Credit for Non-Work Periods 

Disability 

If you do not earn at least 1,000 hours in Covered Employment in any Plan Credit Year due to disability, 

you may receive Pension Credits at the rate of 20 hours per week, up to a maximum of 1,000 hours for 

that Plan Credit Year in total combined work and non-work periods, provided you had earned some 

Pension Credit prior to your disability. Pension Credit will be granted for periods of disability as 

follows: 

• For disability up to the maximum period compensated by the weekly accident and sickness benefit 

plan provided by the Local 807 Labor-Management Health Fund; or 

• For disability arising from Covered Employment for a period not exceeding 12 months for each 

period of disability (that began on or after February 1, 2010) which was compensated under a 

Workers' Compensation Law, provided that each period of disability is preceded by a period of time 

during which at least four consecutive quarters of Pension Credit were earned for work in Covered 

Employment. For disability periods that began prior to February I, 20 I 0, the cap was 24 months for 

each period of disability. 

Local 807 Labor-Management Pension Plan 9 

00216 
Military Service 

You may receive Pension Credit for military service as required by the Uniformed Services Employment 

and Reemployment Rights Act and other applicable laws, provided you apply for reemployment within 

the time required by law. Pension Credits recovered during your period of qualified military service 

shall be valued at the contribution rate in effect for the last employer for whom you worked before you 

entered military service. 

In addition, if you should die while in qualified military service, you will be granted Vesting Service, 

but not Pension Credit, for your time in military service, as though you had returned to Covered 

Employment. 

Vesting Service 

Once you have attained "Vested Status," you cannot lose your right to a pension from the Plan if you 

stop working in the industry, even if you have a Break in Service. You will be credited with one Year of 

Vesting Service for each Plan Credit Year during the contribution period, including periods before you 

became a Participant, in which you completed at least 1,000 Hours of Service in Covered Employment. 

You will also be granted Vesting Service for hours of work for a contributing employer in a job not 

covered by this Plan, provided that the employment is continuous with work in Covered Employment. 

Any years before a Permanent Break in Service will not be counted toward a Year of Vesting Service. 

' 

-

• 

Local 807 Labor-Management Pension Plan 

00217 

10 
Breaks in Service 

Can You Lose Pension Credit and Years of Vesting Service? 

If you have not attained Vested Status and you have too many consecutive One-Year Breaks in Service, 

you may lose your Pension Credits and Years of Vesting Service. 

One-Year Break in Service 

A One-Year Break in Service occurs when you fail to complete at least 250 Hours of Service in Covered 

Employment in any Plan Credit Year. A One-Year Break in Service, before you have attained Vested 

Status, will have the effect of canceling your previously earned Pension Credit and Years of Vesting 

Service. 

The effects of a One-Year Break in Service can be repaired by earning one Year of Vesting Service 

before incurring a "Permanent Break in Service." In other words, if you have a One-Year Break in 

Service, and then in the next calendar year you earn one Year of Vesting Service, the credit that was 

canceled by the One-Year Break in Service will be restored. 

For example: During his first four years in Covered Employment, Ted earned four Pension Credits and 

four Years of Vesting Service. During Ted's fifth year, he failed to complete at least 250 Hours of 

Service in Covered Employment, therefore incurring a One-Year Break in Service. During his sixth 

year, Ted earned one Pension Credit and a Year of Vesting Service. Because Ted earned a Year of 

Vesting Service after he incurred a One-Year Break in Service, the four Pension Credits and four Years 

of Vesting Service he earned prior to his Break in Service will be restored. 

Grace Periods 

You may be allowed a grace period in order to prevent you from incurring a One-Year Break in Service 

if your absence is due to: 

• Disability for up to 12 Pension Quarters, provided the disability is proven to the satisfaction of the 

Trustees; 

• Employment covered by a related plan with which this Plan has a Reciprocal Agreement or which 

has signed the Teamsters National Reciprocal Agreement; or 

• 1) pregnancy, 2) the birth of your child;_3) placement of a child with you in connection with the 

adoption of a child, 4) care of your child immediately following his or her birth or placement, or 5) a 

leave under the Family and Medical Leave Act. A maximum of 501 hours will be credited for these 

reasons. Credited hours will be applied to the Plan Year in which the absence begins if it will 

prevent you from incurring a One-Year Break in Service. Otherwise, they will be credited to the 

following year. 

·Local 807 Labor-Management Pension Plan 11

00218 
Permanent Break in Service 

If you have a Permanent Break in Service before y~ attain Vested Status, you lose, or forfeit, all 

previously earned Pension Credit and Years of Vesting Service. This lost Pension Credit an11 Years of 

Vesting Service cannot be restored and will not be used to di¢ermine your benefit. , 

Permanent Break in Service After February 1, 1976 

You will incur a Permanent Break in Service if your consecutive One-Year Breaks in Service including 

at least one after 1975, equal or exceed the number of full Years of Vesting Service you had earned prior 

to the Break in Service. However, after August I, 1987, you will not incur a Permanent Break in Service 

until you have at least five consecutive One-Year Breaks in Service. 

Permanent Break in Service Between September 1, 1950 and January 31, 1976 

You will have incurred a Permanent Break in Service if you failed to earn any Pension Credit during a 

period of twenty-one consecutive Pension Quarters. 

Permanent Break in Service Prior to September 1, 1950 

You will have incurred a Permanent Break in Service if you failed to earn any Pension Credit during a 

period of thirteen consecutive Pension Quarters. 

Under the rules of the Plan, you cannot incur a Break in Service ifyou have attained Vested Status. 

Therefore, ifyou have attained Vested Status, your Pension Credit and your Years of Vesting Service 

can never be forfeited. 

For example: Jane earned four Pension Credits and four Years of Vesting Service during the Plan Years 

I 988 through 1991. Jane did not work during the next five Plan Years and then returned to Covered 

Employment in February, 1997. Since the number of consecutive One-Year Breaks in Service equals 

five, Jane incurred a Permanent Break in Service. Because Jane incurred a Permanent Break in Service, 

she forfeited the four years of Pension Credits and the four Years of Vesting Service that she previously 

earned. 

Local 807 Labor-Management Pension Plan 

00219 

. -. 

12 
Forms of Payment 

How is Your Pension Benefit Paid? 

If you are married, your benefit will be paid in the form of a 50% or 75% Husband & Wife Pension, 

unless you and your spouse reject this form of payment as described below. If you and your spouse 

reject the Husband & Wife Pension, you may elect to be paid in the form of a single life annuity, which 

is a monthly benefit for your lifetime only. If you are not married, your benefit will be paid as a single 

life annuity. 

Husband &Wife Pension at Retirement 

If you are married when you retire, the automatic form of payment is the Husband & Wife Pension. All 

benefits will be paid in this form unless properly rejected by you and your spouse, or you are not 

married. Under the Husband & Wife Pension, you will receive a reduced monthly benefit payable during 

your life. Upon your death, your spouse will receive 50% or 75% of the monthly benefit amount you 

were receiving for her/his lifetime, depending upon the form of payment you elected, and provided that 

you and your spouse had been married for at least one year at the time of your death. 

Under the Husband & Wife Pension, the amount of your monthly benefit will be reduced to an amount 

less than if it was a single life annuity. The amount of the reduction depends on the difference between 

your age and your spouse's age at the time you begin receiving your pension benefits, and whether you .--- elected the 50% or 75% Husband & Wife Pension. Your monthly benefit will be a percentage of the full 

monthly lifetime (single life annuity) benefit. 

You should be aware that your benefits will automatically be paid in the form of a 50% Husband & 

Wife Pension unless you elect another form of payment. Your spouse must consent to the rejection of 

the Husband & Wife Pension in writing and to any beneficiary you designate. The rejection and your 

spouse's consent must be witnessed by a notary public within 180 days of the commencement of your 

pension. During this 180-day period, the Trustees will provide you with a calculation and description of 

the 50% or 75% Husband & Wife Pension as well as the single life form of payment. You will also 

receive a general explanation of the relative value of the optional forms of payment compared to the 

normal form and a description of how much larger your payment may be if you choose to delay your 

retirement. The Husband & Wife Pension may be waived if you cannot locate your spouse or your 

spouse's consent cannot be obtained due to extenuating circumstances; in these situations, you must 

submit satisfactory proof as requested by the Trustees to be determined in their sole discretion. 

To be entitled to a Husband & Wife Pension, you and your spouse must be married to each other 

throughout the one-year period ending on the earlier of the effective date of your pension or the date of 

your death. If you marry within twelve months prior to your retirement, you can receive the Husband & 

Wife Pension. However, if you die before you were married for a full year, your surviving spouse will 

not receive the survivor's pension. 

Local 807 Labor-Management Pension Plan 13

00220 
Once your pension benefits begin, you cannot change your decision about the Husband & Wife Pension. 

If you die or become divorced after the effective date ofyour pension, the Husband & Wife Pension will 

remain in effect, unless a Qualified Domestic Relations Order provides otherwise. 

Single Life Annuity Pension at Retirement 

Ifyou are single, you will receive your benefit in the form of a Single Life Annuity. If you are married, 

you may elect the Single Life Annuity only if your spouse consents to this form of payment, in writing, 

witnessed by a notary public. 

Under this form of payment, you will receive an unreduced monthly benefit for life. Upon your death, 

no further payments will be made. 

Pre-Retirem!!nt Death Benefits 

IfYou are Married 

If at the time of your death you are eligible for a pension which you have not yet begun to receive, your 

spouse will receive a survivor's benefit for the remainder of his or her lifetime, calculated as if you had 

retired on a 50% Husband & Wife Pension on the day before your death. Ifyou die before reaching the 

age at which you would have been eligible to receive a pension, your spouse will begin to receive the 

survivor's benefit when you would have reached the age at which you would have been eligible to 

receive a pension. If you had earned-at least 15 Pension Credits, payments can begin to your spouse as 

early as the month following the month you would have attained age 55. If you had attained Vested 

Status, but did not earn at least 15 Pension Credits, payments to your spouse will begin the month 

following the month in which you would have attained age 65. Your spouse may elect to delay payment 

ofthe survivor's benefit, but payment may not be delayed later than the month in which you would have 

reached age 701⁄2. If your spouse elects to delay payment, the amount of the survivor's benefit will be 

calculated based on the age you would have been on the date benefit payments begin. 

IfYou are not Married 

If you have attained Vested Status and die before retirement, no benefits of any nature will be payable to 

your designated beneficiary. 

Lump Sum Payments 

If the actuarial .value of your vested accrued benefit payable under this Plan is $1,000 or less, the benefit 

will be paid in a single lump sum amount equal to the actuarial value of the benefit. :· 

If the actuarial value of any benefit is greater than $1,000 but less than $5,000, the value of that benefit 

may be paid in a single lump sum if you consent to receive your benefit in a single lump sum. If you do 

not consent to receive your benefit in a single lump sum, the Plan may distribute your benefit amount in 

a rollover to an individual retirement account chosen by the Trustees . 

., .....~ 

14 Local 807 Labor-Management Pension Plan

00221 
Direct Rollovers 

You should be aware that if you or your surviving spouse receives your pension benefit in a lump sum 

or in periodic payments of less than 10 years duration, the benefit may be directly rolled over into an 

IRA or another qualified retirement plan. If it is not rolled over, the Plan must withhold 20% for 

payment of federal taxes. You will receive additional information on "eligible rollover distributions" 

when you apply for a benefit. 

Local 807 Labor-Management Pension Plan 15

00222 
About Retirement and Suspension of Benefits 

What is Retirement? 

When you separate from employment, stop working in Covered Employment and begin receiving a 

pension benefit from the Plan, you are considered to be in retirement. While you are retired, you will 

receive monthly pension checks unless you engage in Disqualifying Employment. If you retain seniority 

rights or your right of recall to work, you will not be considered to be in retirement. 

What is Suspension of Benefits? 

If you work in Disqualifying Employment after you retire, your pension benefits will be suspended. You 

will not begin receiving benefits again· until after you have stopped working in Disqualifying 

Employment. However, rules regarding suspension of benefits are different depending upon whether or 

not you have reached Normal Retirement Age. 

Disqualifying Employment Before Normal Retirement Age 

Before you reach Normal Retirement Age, if you work either as an employee or in self-employment in 

1) any employment in a trade, craft and/or industry within which you were employed at any time during 

which contributions were made on your behalf to the Plan; 2) any employment in an industry or 

business, trade and/or craft in which employees covered by the Plan were employed and accrued 

benefits under the Plan as a result of such employment at the time of your retirement; 3) any 

employment as a salaried employee ofLocal 807 Labor-Management Health, Pension or Annuity Funds; 

4) any employment with any employer who has a written agreement with the Union; or 5) any 

employment with any employer who has a bargaining agreement with any other local of the 

International Brotherhood of Teamsters, such work will be considered Disqualifying Employment and 

your benefits will not be paid. 

Disqualifying Employment After Normal Retirement Age 

After you reach Normal Retirement Age, your pension will be suspended only for months you work, 

either as an employee or in self-employment, for at least 40 hours in an industry and in a geographic 

area that were covered by the Plan when your pension payments began, and in any occupation in which 

you worked under the Plan or which was covered by the Plan when your pension payments began. 

"Industry covered by the Plan" means work in the trucking, moving and general warehousing industry, 

and any other industry or business, trade and/or craft in which employees covered by the Plan were 

employed and acquired Pension Credit at the time of your retirement. The geographic area covered by 

the Plan includes New York and portions of the New York metropolitan area in New Jersey and 

Connecticut. However, your pension must begin to be paid, even if you work in Disqualifying st Employment by your required Beginning Date. Your required Beginning Date under the Plan is April 1

ofthe calendar year following the year in which you reach age 701⁄2. 

If you need assistance in determining whether a job is c.onsidered to be Disqualifying Employment, 

please contact the Plan Office. 

,,,,..----

Local 807 Labor-Management Pension Plan 16 

00223 
What Happens if You Were Paid Pension Benefits While You Were Working in Disqualifying 

Employment? 

If you were paid a benefit during any month in which your benefits should have been suspended under 

the above rules, the Plan will deduct that amount from your future benefit payments once your payments 

from the Plan resume. Ifyou die before the Plan can recoup the entire amount of payments made while 

you worked in Disqualifying Employment, the benefit payments to your surviving spouse or beneficiary, 

if any, are subject to deduction until recoupment for the overpayment is completed. 

Who Should You Notify if You Work in Disqualifying Employment? 

It is your responsibility to inform the Plan Office, in writing, within 30 days after you begin working in 

any type of work that may be Disqualifying Employment even if you are working less than 40 hours a 

month. You must also inform the Plan Office when your Disqualifying Employment has ended, so that 

your pension payments may resume. If you believe that your benefits were suspended in error, you have 

the right to request a review of the decision to suspend your benefits. You can also request a review of 

the Trustees' determination that your employment was disqualifying. 

Can You Return to Work in a Job That is Not Considered Disqualifying Employment? 

Yes. You may work in any capacity, that is not considered Disqualifying Employment and not incur a 

suspension of benefits. 

When Will My Pension Benefit Payments Begin After They Have Been Suspended? 

After you inform the Plan Office that your Disqualifying Employment has ended, your pension 

payments will resume no later than the third month after the last month that your benefit was suspended. 

Local 807 Labor-Management Pension Plan 17 

00224 
Applying for Benefits 

Filing an Application 

To make sure your benefit payments are not delayed, you must file an application at least one month 

before the date you want benefit payments to begin. The rules of the Plan require that your application 

be filed in advance and you are urged to file as soon as you decide on your intended retirement date. 

Early filing will avoid delay in the processing of your application and payment of benefits. Application 

forms are available from the Plan's Office. 

The Plan's Office will notify you of the decision on your application within 90 days of receiving it. 

Under special circumstances, you may be notified in writing that an additional 90-day extension may be 

needed to process your application and the reason needed for the extra time. You will be notified if 

additional information or material is needed to process your application. ALL INFORMATION 

REQUESTED BY THE PLAN OFFICE MUST BE FURNISHED IN ORDER TO COMPLETE YOUR 

APPLICATION. 

If Your Application is Denied 

If your application for a benefit is denied, in whole or in part, you will be sent a written notice 

explaining: 

• the specific reasons for the denial, 

• the exact Plan provision(s) on which the decision was based 

• what procedure you should follow to get your application reviewed again, and, 

• what additional material or information is needed to process your application. 

If your application is denied, you have the right to request that the denial be reviewed by the Trustees. 

You must request this in writing within 60 days after you receive the application denial notice. Your 

request for review may include any additional information you believe relevant to your application. You 

may also review any pertinent documents the Trustees have that concern your application, such as 

copies of the Plan document or special information relating to your application. You and/or your 

attorney may choose to appear in person before the Board of Trustees or designated subcommittee. 

The Board of Trustees or subcommittee considering your appeal must reach a final decision within 60 

days after receiving your review request or the next scheduled meeting of the Trustees, if later than the 

60 days. If additional time is necessary to resolve any issue concerning your request for review, the Plan 

Office may increase the 60-day response time to 120 days by sending you a notice to that effect within 

the initial 60-day period. If special circumstances, such as a need to hold a hearing, require an extension 

of time, you will be notified in writing. The final decision regarding your appeal will be made in writing, 

clearly stating the reasons for the decision and the provisions of the Plan upon which the decision is 

based. The decision of the Trustees is final and binding. 

18 Local 807 Labor-Management Pension Plan

00225 
----

Trustee Authority 

The Trustees shall have the full and exclusive right, power, and authority, in their sole and absolute 

discretion, to administer, apply, construe and interpret the provisions of the Plan, the Trust Agreement 

and all governing d~cuments and the terms used therein, and to decide all matters arising in· connection 

with the operation or administration thereof. No individual, other than the Trustees, has any authority to 

interpret the Plan, the Trust Agreement, or any other governing document. The authority of the Trustees 

includes, without limitation, the sole and absolute discretion to: 

a) take all actions and make all decisions with respect to the eligibility for, and the amount of, 

benefits payable: 

b) formulate, interpret and apply rules, regulations and policies necessary to administer the Plan, the 

Trust Agreement, and all other governing documents; 

c) adopt any procedures for the determination of a Participant's Hours of Service, Years of Vesting 

Service and Pension Credits; 

d) decide questions, including legal or factual questions, relating to the determination and payment 

of benefits; 

e) resolve and/or clarify any ambiguities, inconsistencies and omissions arising under the Plan, the 

Trust Agreement, and all other governing documents; 

f) process, and approve or deny, benefit claims and rule on any benefit exclusions or limitations; 

and 

g) require any information or documents from the participant and their beneficiaries they deem 

necessary to carry out their obligations to the Plan. 

All determinations made by the Trustees with respect to any matter shall be final, conclusive and 

binding upon the Union, the Contributing Employers, the Employees, the Participants and their families, 

heirs, beneficiaries and legal representatives. The Trustees shall be the sole judges of the standard of 

proof required in any matter. Any decision of the Trustees shall only be reversed by a court if such 

decision is determined to be arbitrary and capricious. 

Receiving Your Pension Benefit 

Generally, you should begin receiving your pension benefit on the first day of the month following the 

month you submit your application, assuming all information and documents requested by the Fund 

have been submitted. You may, however, choose to delay the start date of your benefit payments, but· 

your benefit cannot be delayed beyond the April 1st following the calendar year in which you turn age 

701⁄2. Your benefit must begin by that April I, even though you may still be working in Covered 

Employment. • , . 

Local 807 Labor-Management Pension Plan 19 

r 

00226 
Non-Assignment of Benefits 

Benefits cannot be assigned, sold, transferred or pledged as a security for a loan. Benefits are not subject 

to attachment or execution under any decree of a court or action with the exception of (i) a Qualified 

Domestic Relations Order (QDRO), (ii) any debt of the participant or beneficiary due for any federal 

tax, (iii) an offset that the participant is ordered or required to pay to this Plan pursuant to Section 

206(d)(4) of ERISA, or (iv) a voluntary assignment of no more than I 0% of any benefit payment 

pursuant to section 206( d)(2) of ERISA. A Qualified Domestic Relations Order is a court order under 

domestic relations law assigning all or part of your pension benefits to your former spouse, your child, 

or other dependent, to provide child support, alimony payments and/or property rights to your former 

spouse. 

Local 807 Labor-Management Pension Plan 

. 00227 

20 
What Happens if the Plan Terminates? 

Although the Trustees intend to continue the Plan indefinitely, they reserve the right to amend or end it'.· 

If the Plan is terminated, it will not affect your right to any benefit to which you have already become 

entitled. If the Plan terminates, you will be entitled to any benefit you have accrued to the extent then 

funded. 

Pension Benefit Guaranty Corporation (PBGC) 

Your pension benefits under this multiemployer plan are insured by the Pension Benefit Guaranty 

Corporation (PBGC), a federal insurance agency. A multiemployer plan is a collectively bargained 

pension arrangement involving two or more unrelated employers, usually in a common industry. 

Under the multiemployer plan program, the PBGC provides financial assistance through loans to plans 

that are insolvent. A multiemployer plan is considered insolvent if the plan is unable to pay benefits (at 

least equal to the PBGC's guaranteed benefit limit) when due. 

The maximum benefit that the PBGC guarantees is set by law. Under the multiemployer program, the 

PBGC current maximum benefit guarantee equals: (I) 100% of the first $11 of the monthly benefit rate, 

plus (2) 75% ofthe next $33 ofthe monthly benefit rate, times (3) a participant's years of service. 

For example, if the plan's benefit rate is $55.00 per year of service, the PBGC's maximum guarantee 

benefit is limited to $35.75 per year of service, calculated as follows: 

• $11.00 (100% ofthe first $11.00) plus, 

• $24.75 (75% of $33.00) 

• $35.75. 

The PBGC guarantee generally covers: (I) Pension benefits payable at normal retirement age; (2) some 

early retirement benefits; (3) disability benefits if you become disabled before the plan becomes 

insolvent; and ( 4) certain benefits for your survivors. 

The PBGC guarantee generally does not cover: (1) benefits greater than the maximum guaranteed 

amount set by law; (2) benefit increases and new benefits based on plan provisions that have been in 

place for fewer than five years prior to the earlier of: (i) the date the plan terminates or (ii) the time the 

plan becomes insolvent; (3) benefits that are not vested because you have not worked long enough; (4) 

benefits for which you have not met all of the requirements at the time the plan becomes insolvent; and 

(5) non~pension benefits, such as health insurance, life insurance, certain death benefits, vacation pay 

and severance pay, if applicable. 

For more information about the PBGC and the benefits it guarantees, ask your plan administrator or 

contact the PBGC's Technical Assistance Division, 1200 K ·street NW, Suite 930, Washington, DC 

20005-4026 or call (202) 326-4000 (not a toll-free number). TTTY/TDD users may call the federal relay 

service toll-free at (800) 877-8339 and ask to be connected to (202) 326-4000. Additional information 

about the PBGC's pension insurance program is available through the PBGC's website on the Internet at 

http://www.pbgc.gov. 

Local 807 Labor-Management Pension Plan 21

• 

00228 
Your Rights Under The Employee Retirement Income 

Security Act (ERISA) 

As a Plan Participant, you are entitled to certain rights and protections under the Employment 

Retirement Income Security Act of 1974 (BRISA). BRISA provides that all Plan Participants shall be 

entitled to: 

Receive Information About Your Plan and Benefits 

• Examine, without charge, at the Fund Office, and/or at other specified locations, such as worksites 

and union halls, all documents governing the Plan, including insurance contracts and collective 

bargaining agreements, and a copy of the latest annual report (Form 5500 Series) filed by the Plan 

with the U.S. Department of Labor and available at the Public Disclosure Room of the Pension and 

Welfare Benefit Administration. 

• Obtain, upon written request to the Plan Administrator, copies of documents governing the operation 

of the Plan, including insurance contracts and collective bargaining agreements, and copies of the 

latest annual report (Form 5500 Series) and updated summary plan description. The Plan 

Administrator may make a reasonable charge for the copies. 

• Receive a summary of the Plan's annual funding notice. The Plan Administrator is required by law 

to furnish each Participant with a copy ofthis notice. 

• Obtain a statement telling you whether you have a right to receive a pension at normal retirement 

age (generally age 65) and, if so, what your benefits would be at normal retirement age if you stop 

working under the Plan now. Ifyou do not have a right to a pension, the statement will tell you how 

many more years you have to work to get a right to a pension. This statement must be requested in 

writing and is not required to be given more than once every 12 months. The Plan must provide the 

statement free of charge. 

Prudent Actions by Plan Fiduciaries 

In addition to creating rights for Plan Participants, BRISA imposes duties upon the people who are 

responsible for the operation of the employee benefits plan. The people who operate your Plan, called 

"fiduciaries" of the Plan, have a duty to do so prudently and in the interest of you and other Plan 

Participants and beneficiaries. No one, including your employer, your union, or any other person, may 

fire you or otherwise discriminate against you in any way to prevent you from obtaining a pension 

benefit or exercising your rights under BRISA. 

Enforce Your Rights 

If your claim for a pension benefit is denied or ignored, in whole or in part, you ha1<e the right to know 

why this was done, to obtain copies of documents relating to the decision without charge, and to appeal 

any denial, all within certain time schedules. · 

• 

Local 807 Labor-Management Pension Plan 

00229 

22 
Under ERISA, there are steps you can take to enforce the above rights. For instance, if you request a 

copy of Plan documents or the latest annual report from the Plan in writing and do not receive them 

within 30 days, you may file suit in a federal court. In such a case, the court may require the Plan 

Administrator to provide the materials and pay you up to $110 a day until you receive the materials, 

unless the materials were not sent because ofreasons beyond the control of the Administrator. 

Ifyou have a claim for benefits, which is denied or ignored, in whole, or in part, you may have the right 

to file suit in a state or federal court but in most instances, you will be required first to file an appeal 

with the Trustees. In addition, if you disagree with the Plan's decision or lack thereof concerning the 

qualified status of a domestic relations order, you may file suit in federal court. If it should happen that 

Plan fiduciaries misuse the Plan's money, or if you are discriminated against for asserting your rights, 

you may seek assistance from the U.S. Department of Labor, or you may file suit in a federal court. The 

court will decide who should pay court costs and legal fees. If you are successful, the court may order 

the person you have sued to pay these costs and fees. If you lose, the court may order you to pay these 

costs and fees, for example, if it finds your claim is frivolous. 

Assistance with Your Questions 

If you have any questions about the Plan, you should contact the Plan Administrator. If you have any 

questions about this statement or about your rights under ERISA, or if you need assistance in obtaining 

documents from the Plan Administrator, you should contact the nearest office of the Employee Benefits 

Security Administration (formerly Pension and Welfare Benefits Administration), U.S. Department of 

Labor, listed in your telephone directory or the Division of Technical Assistance and Inquiries, Pension 

and Welfare Benefits Administration, U.S. Department of Labor, 200 Constitution Avenue NW, 

Washington, DC 20210. You may also obtain certain publications about your rights and responsibilities 

under ERISA by calling the Publications hotline of the Employee Benefits Security Administration 

(formerly the Pension and Welfare Benefits Administration). 

Local 807 Labor-Management Pension Plan 23

00230 
Administrative Information 

Normally, the Plan Office should be able to help you resolve any problem you might have about your 

rights to benefits. All Plan documents and other related information are available if you wish to study 

these materials. 

If, for some reason, it becomes necessary to contact the Department of Labor, you will need the 

following information to properly identify your Plan. 

Official Name of Plan 

· Employer Identification Number (EIN) 

Plan Number 

Type of Plan 

Plan Funding 

Name of Sponsor 

Participating Employers 

Plan Year/Fiscal Year 

Effective Date 

Plan Administrator 

Agent For Legal Process Service 

Local 807 Labor-Management Pension Fund 

5)-6099111 

002 

Defined Benefit Pension Plan 

Benefits are provided solely through Employer 

contributions 

Trustees of Local 807 Labor-Management Pension 

Fund 

32-43 49th Street 

Long Island City, NY 11103 

The Plan Office has a list of participating 

Employers and will provide you, upon written 

request, with names and addresses of participating 

Employers. 

September I - August 31 

This Plan became effective December I, 1950, and 

has been restated several times, to comply with the 

requirements of law. 

The Board of Trustees 

32-43 49th Street 

Long Island City, NY 11 I03 

Service of legal process may be made upon the 

Board of Trustees at the address listed above or 

upon any Trustee individually. 

Local 807 Labor-Management Pension Plan 

00231 

24 
Union Trustees 

Mr. John Sullivan 

President 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY 11103 

Mr. Anthony Storz 

Secretary-Treasurer 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY 11103 

Mr. Luis Herrera 

Vice-President 

Local Union No. 807, I.B.T. 

32-43 49th Street 

Long Island City, NY 11103 

Fund Manager 

Board of Trustees 

Employer Trustees 

Mr. Allen Swerdlick 

Kamco Supply Corporation 

80 2 I st Street 

Brooklyn, NY 11232 

Mr. John Zak 

CEO 

Airweld, Inc. 

94 Marine Street 

Farmingdale, NY 11735 

Mr. Anthony Zapulla 

McKinney Welding Supply Co., Inc. 

535 West 52nd Street 

New York, NY 10019 

Alfred Fernandez 

32-43 49th Street 

Long Island City, NY 11103 

Local 807 Labor-Management Pension Plan 25 

00232 
00233 
.,...--_ 

00234 

(On Fund Letterhead) 

This notice contains important information regarding your 

Local 807 Labor-Management Pension Fund benefits. 

We are providing you with this notice to inform you of a new section that is being added to your 

summary plan description ("SPD"). The new section pertains to benefit changes. Please keep this 

notice with your copy ofthe SPD. 

This new section is called "Suspension of Benefits". It is effective as of May 1, 2019, and is placed 

right after the section entitled "Rehabilitation Plan". The new section will read as follows: 

To help the Plan avoid insolvency, the Board of Trustees has determined that pension benefit 

payments will be suspended (that is, reduced) as followsUnder the suspension: 

--the monthly pension benefit payments of any participant or beneficiary who is in pay status 

as of May 1, 2019 will be reduced by 39.5% as ofthat date; and 

--the monthly pension benefit payments which are made to any participant or beneficiary 

who enters into pay status after May 1, 2019, and which are attributable to benefits earned 

under the Plan as ofMay 1, 2019, will be reduced by 39.5% as of the date on which he or she 

enters into pay status, with the reduction applied to payments made in the form in which the 

pension is to be paid. However, in the case of a participant who has more than 25 pension 

credits at retirement, the portion of his or her monthly pension benefit associated with the 

first 25 pension credits will be based on the highest 25 years ofbenefit accruals (including 

benefit accruals that have been reduced by 39.5%). 

Payment reductions will be limited as follows: 

The monthly pension benefit payments of any pensioner will not be reduced below 110 percent of 

the monthly pension benefit which is guaranteed by the Pension Benefit Guaranty Corporation under 

Section 4022A of ERISA for such pensioner, as of the date on which the benefit reduction becomes 

effective above. 

In the case of any pensioner who is age 75 or older as of the end ofthe month in which occurs the 

later of May 1, 2019 or the date on which he or she first enters into pay status, the following applies: 

The payment reduction may not exceed the "applicable percentage" of the portion of the monthly 

pension benefit payments that would be reduced without regard to this sentence. The "applicable 

percentage" is a percentage obtained by dividing·: 

. (i) the number ofmonths during the period which begins with the m9nth after ihe month 

in which occurs the later ofMay!, 2019 or the date on whicli the pensioner enters into 

pay status, and ends with the month during which the pensioner attains the age of 80, 

by 

(ii) 60 months. 

1 

4818-7381-9239, v. 1 00236 
In no event will a payment reduction apply to any pensioner who is receiving a disability pension or 

who has reached age 80 by the end ofthe month in which occurs the later ofMay I, 2019 or the date 

on which he or she first enters pay status. 

No more than one reduction applies with respect to any participant. Special rules apply to QDROs. 

Ask the Fund Office for details. 

Application ofthese rules: 

These pension benefit payment reductions will apply to your monthly pension benefit payments, 

determined as described below in this SPD. On June 29, 2018, the Board of Trustees submitted an 

application to the U.S. Treasury Department for approval of the benefit reductions. If the Treasury 

Department does not approve the benefit reductions by May I, 2019, the benefit reductions will not 

go into effect. 

2 

4818-7381-9239, V. 1 00237 
17007033086015 

BOARD OF TRUSTEES LOCAL 807 LABOR Person to Contact: 

MANAGEMENT PENSION PLAN DAVIDE. DIXON ID# 31040 

32-43 49TH STREET Contact Telephone Number: 

LONG ISUIND CITY, NY 11103 (513) 263-3561 

Plan Name: 

LOCAL 807 LABOR MANAGEMENT PENSION 

PLAN 

Plan Number: 002 

Dear Applicant: 

Based on the information you provided, we are issuing this favorable 

determination letter for your plan listed above. However, our favorable 

determination only applies to the status of your plan under the Internal 

Revenue Code and is not a determination on the effect of other federal or local 

statutes. To use this letter as proof of the plan's status, you must keep this 

letter, the application forms, and all correspondence with us about your 

application. 

Your determination letter does not apply to any qualification changes that 

become effective, any guidance issued, or any statutes enacted after the dates 

specified in the Cumulative List of Changes in Plan Requirements (the 

Cumulative List) for the cycle you submitted your application under, unless the 

new item was identified in the Cumulative List. 

Your plan's continued qualification in its present form will depend on its 

effect in operation (Section 1.401-l(b) (3) of the Income Tax Regulations). we 

may review the status of the plan in operation periodically. 

You can find more information on favorable determination letters in Publication 

794, Favorable Determination Letter, including: 

The significance and scope of reliance on this letter, 

The effect of any elective determination request in your application 

materials, 

The reporting requirements for qualified plans, and 

Examples of the effect of a plan's operation on its qualified status. 

You can get a copy of Publication 794 by visiting our website at 

www.irs.gov/formspubs or by calling 1-800-TAX-FORM (1-800-829-3676) to request 

a copy. 

This determination letter applies to the amendments dated on 

10-1-12 & 8-8-11. 

This determination letter also applies to the amendments dated on 

Letter 5274 

00238 
J..cmeu.Le1.J. amenamen'C. eye.Le that ends more than 12 months after we received the 

application. This letter expires on January 31, 2020. This letter considered 

the 2013 Cumulative List of Changes in Plan Qualification Requirements. 

The information on the enclosed addendum is an integral part of this 

determination. Please be sure to read it and keep it with this letter. 

If you submitted a Form 2848, Power of Attorney and Declaration of 

Representative, or Form 8821, Tax Information Authorization, with You'r 

application and asked us to .send your authorized representative or appointee 

copies of written communications, we will send a copy of this letter to him or 

her. 

If you have any questions, you can contact the person listed at the top of this 

letter. 

Sincerely, 

Karen D. Truss 

Director, EP Rulings & Agreements 

Addendum 

Letter 5274 

00239 
reciprocity, or participation agreement}, unless you append to the plan 

document the exact language of the sections that you incorporated by reference . 

• • 

Letter 5274 

00240 
Teamsters 32-43 49th Street. Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York ~cin'ity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady 

President Secretary-Treasurer Vice President Recording Secretary Trustee• Trustee Trustee 

MEMORANDUM 

To: Health and Pension Funds 

From: Buddy Sullivan-President 

Subject: York Scaffold Equipment Corp. 

Date: April 9,20 I 8 

The above employer has signed a Collective Bargaining Agreement that is effective for the 

period of April I, 2018 through March 31, 2023 

The contributions will be as follows: 

HEALTH AND PENSION FUNDS 

During the term ofthis Agreement, the Employer agrees to make payments, on or before the 

20th of each month to the Local 807 Labor - Management Health and Pension Funds, and/or its 

successors in trust, for each Employee in the bargaining unit as defined in Article 2. ofthis 

Agreement, commeneing upon completion ofthe Employee's probationary period. 

Such payments shall not be retroactive to the first day of employment. 

The Employer shall make such payments into the Health and Pension Funds as follows: 

Health Fund: 

4/1/18----------------$8.94 

4/1/19----------------$9. I 9 

4/1/20----------------$9 .44 

4/1/21----------------$9.69 

.4/l /22----------------$9. 94 

Pension Fund: 

4/1/18----------------$ I 0.815 

4/l /19----------------$11.265 

4/1/20---------------0 $1 l.715 

4/1/21----------------$ 12.165 

4/1/22----------------$12. 615 

www.ibt807.com 

00241 
binding arbitration before an arbitrator selected through the nuspices of 

the New Yprk City Tmcking Authority. The decisi.on ofsaid atbitrator 

s.hall be final and bindi_ng upon the parties hereto, and the fees ancl 

expenses ofthe arbitrator, ifany, shall h!l clivided eqt1aUy betweei1 the 

parties .. Jt is understood, however, that the decision of the arbitrator 

shall be based solely on the provisions of this Agreement and that he or 

she shall not have the power to alter, change, modify or add to this 

Agreement. 

In order to take the matter to arbitration, notice of intention to do so 

must be served on the other party in writing within 011e (l) wee~ of the 

disposition ofthe Grievance in step (3) above. In the .event the 

grievance sha]J be raised by the compa,ny it nw.y be so raised lo step (3) 

above without the necessity ofprocessfog ln th~ prior steps. Any ofthe 

steps of the grievance procedure and any time liriut her!liilabove set may 

be wail'ed by mutual consent but no \vaiver shall be effective unless in 

writing signed by both parties. 

Article 25. J)]SCHARGE OR SUSPENSION 

1. \Varnirig, Suspension or Dischru-ge -

Th~ Employer shail no! dischi!rge, suspend or otherwise discipline any Employee after 

the probationary period \11thoutjust c.ause. 

2. Alcohol imd Drug Use - See Rider "A" 

3. Appeal from Discharge - A discharged Employee must notify his Local Union and the 

co;npany in ,vriting 111thi11 two (2) working days of his desire lo appeal the discharge or 

suspension. Nolice of appeai from dischflrge or st1spepsion Inilst be mJtde lo the 

EITip\oyet in writi11g by the Union within five (5) worl<lng days froq1 tge <;late of 

discbige or suspensio!i. If the Employer a/ld the Union ate irnable to agree as to 

seftlelilent of the case, the case then may be appealed to the grievance machillery as set 

forth in this Agreement. 

Article 26.· HEALTH AND.PENSION FUNDS 

L Diliingfl{e1~iiif'oftli1sAgr~~minfi:li~ ~inployer agrees to m~e payments, Oil or before 

th!S 20ili of each moritb to the Local 807 Labor - Mai!agement Bo;aJth ,md Pe,nsio11 f1mcis, 

ai:1~/9r its sμ¢ctss6rs in trust, for ench EriJ.ploye:!e in ihe bl);rg!ltiil!lg μmt as d!lfJil.ed ),n 

Article 4· of {his Agreement, COmJ11efi~inll upi>n cowpie'qqp b[ th~ ~il1j:>lqyee's 

problltionary period. Such paylllents sh.all not be :retto;r.6tive to ihe firs! day of 

emPioyment, . · 

2. Th~ ~ITipJ9y¢t ~hall make such payments into the Health and Pension Funds as follows: 

Health Fund: 

4/01/18 8.94 

4/0i/i9 9.19 

4/01/.20 9.44 

4/01/71 9.69 

4/01/22 9.94 

00242 
Pension Fund (As per the Pension Rehabilitation Plan): 

04/01/18 10.815 

04/01/19 11.265 

04/01/20 11.715 

04/01/21 12.165 

04/01/22 12.615 

The Employer adopts the tem1s and conditions of the Pension Fund's Rehabilitation Plan 

along S.vith foti.rre amendn1ehts. 

Health s1.nd P~nsion Ft1nd paynwnts shall be paid on straight-time hours worked only, 

with a n1a_xi1mim offorty (40) liQtJrs per week. 

The Employer shall remit the monthly payment along with a report listing, for each 

preceding month, the covered Employees on a monthly report foim which shall be 

provided by the Union ahd/or the Funds. 

Contributions shall be t1sed by the Health fund for the purchase of group insurance and 

other welfare benefits for said Employees and their eligible beneficiaries, as shall be 

<leternuned by the Tnistees of the Labor - Management Health Fund, Contrib~1tions shall 

be used by th~ Pension Fund for the purposes of purchasing rctireme11t be11ehts for said 

EmployJ;es and their eligible beneficiaries, as shall be deteri11ined by thJ; 'fruslt::tls of the 

Labor-Management P,:,nslon f\1nd. The said contributions shall be held and managed 

under the terJ11s and provisions of an Agreement and Declaration of Trilst as Amended, 

which is on fjlf.i i11 thci Labor - Management Health and Pension Fμnd off\<;J;S, 

If the Eli1pl9ycir faUs t.o 111aj,:€l cqntributions to the Labor • Man}gemertt Health and 

Pension f'μqds withlri !W\lPIY (20) days after the d,ue date ¢stablished Unci.er Parilgriiph 1. 

ofthis Attic)e the Uni.on or Fl,lnd may t<lke wh.atever lfgal action it de~ms rtet;essilly to 

coll(lct deJi11,q41~n;t paYr().ent,s μ:om the Employer, 

Tqefu11ds s:hiμi Jtave the rjglit to examine fanploye€l records, inPlnding b1Jt not limited. to 

P!!Yrn1) f~9orc:ls;PI! ihe p.remi§e.§ ofthe Emp]qy~t, d,μrl.Ii$ potfna) bl,lsin~s :hoμrs, pt6vi\1ed 

tliat suoh 1:x@,jitj::itio,11 goes n9t l)QJ'~SOJl~bly in:t¢rf!;re ,vith operations of i11e Employer,

n1i F@#§ <a!I :~so have th:e .atithOrity to have an inci~p\l~c.ient Cettifi¢g Public 

ACSP\11:l!MI aii§ft !he.. paytoll @d Wiigti re~orfl~ tif the Eniploy~r for the Pli!POSe of 

detetm111jng i~~ sicg.(jμicy-Qfthe EmJi!\iY@r's c6JJ\1{butlons to the Fiinds. 

Jj] tqe -~fiiif'llil!(i(fy J'\l]\ifiif~(litate·J~gisJilt\on, g9Vi;:11)ll1C!1.tal r@gaj?,tiQm, or CQJJrl 

dei,li$_fow; <;{!!)$\). irtv~id!!tiori of ap.y Art[9!e Qt Section or this Agree111ent, !ill other 

Mic)e~ @d Septigris tJ.ot ~Q inviilidated $hall termiin. in ml! force ilhd effect. Uport a 

clau~e oeivg ~o ip.yalidated, the p!irties to thi.s Agreement $ba.H me¢t in wd~r t9 il!lg¢iJiitci 

a replii~eni~t 9:frto kss th@ egij(l] value ofthe cl!!u~e so invalidiite:ci. jfthe paaj~~ fail 

to r~gb lift ilgreernent as to a iepJacement clause the Employer and The tlniot1 shill.I be 

perrriltted all legal re.course. -· 

Article 27•... SEP.AllABILITY_ORINYALIDITY 

3. 

4. 

5. 

6. 

7. 

1. 

00243 
1/i:~lli, 

Teamsters

-

3:1 49th Street, Long Island City, NY 111 03

Phone (718) 726-2525 • Fax (713) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angel Curh•lo Gladys Nieves M!rty Meyers 

President • " Secretary-Treasurer Vice President Recording Secretary Trustee Trustee_ TruStee 

£Ec'cl l;!/J'f/!S 

, Or 

MEMORANDUM 

To: Health and Pension Funds 

From: John Sulllvan 

Subject: Wolkow-Braker 

Date: December 11, 2015 

The above employer has signed an agr-menteffectlve from Deceili.ber 1,·2015 

to November 30,2020. 

PENSION FUND: 

The Comp~ny a.clop ts t_he ternis and conditions of· the Pension Fund's 

Rehabilitation Plan in~luding the 45 cent per hour in'~,e~se per year effective 

December 1st of each Contract Y~ar, 

12/1/15 12-1-.-°"1;..6"'1-·--"-.1.;,,.'2-""',-->#f-°"1"'7,.___,,..121~·,..1-1,,411HBl"c·.·· ..·.--C.c...',11c"ll2'J-M'1H/1 ...9--

4.84 5.29 5.74 6.19 .6,64 

HEALTH FUND: 

12/1/15 12/1/1u6.i_~-.::i1-11,2-.i.:.11..,{c.:a1J7c...._........:1L2'J{c.:a1LL/1.LJ8~·~.::.i1-11,2:,:{1~/w1u9.____ 8.19 8.44 8;69 8.94 9,19 

SECTION 32 CONTRIBUTION LIMITATIONS 

{a) All of the Health and Pension Fund contributions -as set forth in 

Paragraph , . 

32, inckd1g ildditional contributions shall be made for all JI.ours w.o.rked with a 

maximum of eight (8) hours per day and forty (40) hours iJ1 the Monday through 

Sunday week. 

{b) No contributions shall be due for any of the foll(;wing: 

 

www.Teamsterslocal807 .com .org. net 00244 
,, 

1. Unused 

•

sick days for which the employee receives pay pursuant 

to Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish· rules 

which shall include, among other things, the requirements for eligibility, 

distribution of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and. 

regulations governing the administration of the Health and Pension Funds, 

(b) The Trustees of the Health and Pension Funds may assess •

penalties for any and all delinquent payments in amounts which they, in their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said 

Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten ( 10) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of 

the preceding month submit to the Administrator of the Health and Pension Fund a 

statement, under oath, setting forth the na·mes and social security number of all 

employees, both Union and non-Union, who have worked dusing the preceding month 

in any classification covered by the terms of this agreem:ent and· such statement 

shall set forth the 

Contributions made on behalf of such .employees. The Health and Pension Funds 

_Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

To th'e Employer and the Trustees. SECTION 3 4 · 

 

00245 
. ' £1:Ji.

(a) THE 

-

UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE El\'.lPLOYER AND ITS COUNSEL, IF KNOWN, 

,vITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION28 JURYDUTYPAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often ( l 0) days benefit during the life of this contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proofofservice on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (I) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions ofemployment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The 

benefits of those plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00246 
PENSION FUND: 

The Company adopts the terms and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

1st of each Contract Year. 

12/1/15 12/1/16 12/1/17 I2/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty ( 40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section I 2 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions ofSection I l(b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

16 

00247 
(c) In the 

•

event any Employer defaults in the payment ofHealth or Pension

Fund contributions or penalties and notice ofsuch default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against S@.id 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day of the 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms of this agreement and such statement shall set forth the 

contributions made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees ofthe Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NONDISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion ofthis agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December 1, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

00248 
Teamsters• 32-43 4.treet, Long Island City, NY 111 03

Phone (718) 726-2525 • Fax {718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty 

·-

Meyers 

-

President Secretary-Treasurer Vice President Recording Secr~tary. • Trustee Trustee Trustee 

NDUM 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Wilwork - Contribution letter 

Date: April 7, 2015 I 

I 

Profit Sharing Fuqd 

The Employer has agreed that contributions on the Employees' behiilf·a~ to be.•rifade into the 

Local 807 Profit Sharing Fund in the sum of eight dollars an!! twenty-three .cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 202(). 

And for all double time hours at the sum of .sixte~n :cjqllliri'fand forty-six cents ($ 16.46), 

effective October 1, 2014 thru September 30,2020 for all doubhHime 'overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other·paid days, 

Employers will provide individual Written notice to al/~1!1Pl9Y~-~s ofTeamstetLciRalNo. 807 

within thirty (30) days of the month end of all annuity,piiyfu¢.ijts fu~lf~'.P,Y.;tlle Employer i,ithe member's name. ··_.-·· •:·•; · ···- ..., · · 

,1-. _ _.... _. ;~- ,.. .-,·;,:;){~)i-:it iJ\:r~:t:kt. 

W:.iillTll ~]f,lill)I~IQ~IT\I''' .-> 

A) HEALTH . ,,:. .. ··• ':·:(~~0'.ij; :})1~{•lt\'.:: 

The E!°pl_oyer shall participate in the•L2.-9,~i;fg? L,i?.?lAf~t~erri~~f~i~\~~~W[\}!'j,ff; 

Contributions by the Employer shall, eff~p~~w,,Qcto.l?~rJ., 2014 be'pa1g;i(!J>;ifol!!!W.S:~';X,:;U:? , -, 

._.· ·__//f\.. ~--- -:·_:_':i.:,\(.,i.~-..:. .~\1·:~\t'f\,:~~t~;/!~>,trrl/t::: .'-. 

I. Where, during any quarterly rcf,\ii\ltiW~,peri?#;ihli'):l!llPl(!~e i~·;g~~.$ifi'Ji\'i'»l~yei' f9~ less than sixty-five 

(65) days, including_ regular days, s~ffe~~X~; SJturq~f~;Jsun;~,~~j;!l-na' !'i9)_i~,f~l¥h~ilier,',vorked or not), the 

Employer shall contribute. at the preva1hiig'rate, to the :hea1th':Funtj'.0,i,Mhalf of tliii.t;Employee for each paid straight 

time and overtime hour up to a maximum offiye h\111d.1lt\Yenty'(5,~,Q)':ji'.(lut( . ·-

, .. ::·:.·::~_y.\·_~/ '·'.·:· :/,..:,,)f:f(J:,·,: _·;:; .·-· ' 

2. Where, during any quarter\y reporting p~ri~cl/iui;'l~μ;iplo)ii\'.e'f(sfp,ii!l:J:iy:an,~mploYet for sixty-five (65) or. · · ,·,,•.·,,·v~~>,,,,,r:•i,~-• .i-~-"i~~·J-;_,., .,.,,..,.,. i .. ,· _, 

more days, including regular days, sick days, &ati.lt<,ll/,'.1~;- 0Surfijay~,:ic:aii.cl'.J,h!Jlid.ays (whether worked or not), the 

Employer shall contribute, at the prevailipg rate, to the }i¢alth Fiiitcl'.!'9iiibehalf of'said Employee for eight (8) hours 

per day for each paid day. · ·"' · · · · •: ·· • • 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per. hour. October l, 2015 tbe 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 p.erhour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be ·y, 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: www.TeamstersLocal807.com.org.net 

· < 

00249 
I. Where, during any quarterly reporting 

•

period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. · 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 20 I 6 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

•. 

00250 
SECTIONS. 

PRIOR .EFITS - MAINTENANCE OF STAN&s 

If wages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

· C. Any Employee·working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one(!) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEAL TH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 20 l 4 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October I, 2015 

the rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October l, 2017 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1,2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B) PENSION 

5 

00251 
c 

I. Where, during any quart.reporting period, an Employee is paid by t.mployer for less than sixtyfive (65) days, including regular , sick days, Saturdays, Sundays, and holid , vhether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October l, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October l, 2017 the rate shall be $10.365 per hour. Effective 

October I, 2018 the rate shall be $10.815 per hour. Effective October l, 2019 the rate shall be$ 11.265 per 

hour. 

The rate of contribution to the Pension Fund for all other employees, effective October l, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7 .85 per 

hour. 

Effective October I, 20 I 7 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority of the Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto . • 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

·, 

00252 

6 
In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

· such default is served upon the ~oyer via ordinary mail by the Administra~the Funds, and copies are 

sent to the Union, Pension and/o-alth Trustees, and if said default is not pa9'thin five (5) working days 

after said notice of default, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 20 I 4 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. Effective October I, 2015 the sum will be $6.00per 

hour. Effective October I, 2016, the sum will be $6.25 per hour. Effective October I, 2017, the sum will be 

$6.50 per hour .Effective October I, 2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7 .00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October I, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be$ I 2.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October I, 2018 the sum will be $13.50. Effective October I, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions of this Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

7 

00253 
32--th Street, Long Island City, NY 11103 

PH (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com 

•~=c 

Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

Recording Secretary Trustee Trustee Trustee 

u,-..:.I i.t[,,{t,-6 

Teamstes 

LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Anthony Stotz Lu Henera 

Secretary-Treasurer Vice President 

To: Health and Pension Funds 

From: Tony Storz J

Subject: Three I & D LLC. - has signed a contact with Local 807 

Date: April 7,2016 

,_ ' ,., .. 

Pron(Sbatjng Fu,nd 

The Employer has agreed that contributiors on the l;:mployeef behalf are to be made into the 

Local 807 Profit Sharing Fund iii .the sum of eight dollars 'artcl twentycthree cents ($8.23) for all 

straight hours effective October 1, 2014 thruSeptehiber 30, 202_0. . . . 

And for all double time hours at the sum of sixteen :ddll?,rs and forty-six cents ($16.46), 

effective October 1, 2014 thru Septembe,r 30,2029 for 11U 09μ~Ii'.time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick cfays and all other' paid days. 

Employers will provide inilivid~al writtenri~ticet~Jl)~~l'Joyees ofTeamstet i'.oca.l No. 807 

within thirty (30) days ofthe month .end 6f ?ll annuity.Pamients ITl/i<ie by the Empl6y¢r in .the 

member's name. · · ·,-. · · ••..·. · ·-

HEALTH ..- .. - ., AM5PiNs16N< -•,c. •;-,;.·_;·:::.i-·· ..... -

A)HEALTH . .. · . .,;:. -.. <::,:>..~. •-:.<·: > 

The Employer shall participate in the pgc~J~Q71,,aJ:>6t"M~ageipei\fHealtj1 f,unde .... 

Contributions by the Employer shall,.el'fe~~v_~,.q~tf~~r I, 2014 be paid asf9\J.1rt · . '·.~ ;' .,-, ,· ~-" ---. -~ co· . .. · .... 

I. Where, during any qua~erly i~P\f~ifke~qcl; ab Employee i;J~[d}j)'~:tfuployer for less than sixty-five 

(65) days, including regular days, ~i9)t~,1Y.to"s~fu~d~y~; Suilclays, ahd,:!JoliclifysJwhej]ier worked or not), the 

Employer shall contribute at the prevai_]_iij~i'iite; !Qt\1~ !:t]/ilt.Ji Fiii)a;oli 1:i~haffcif)#at Einj:,loyee for each paid straight 

time and overtime hour up to a maximurtr of five huii.clr~i:! twenty (5~0} !Ji:iurs. · 

2. Where, during any quarterly r~port\iigpitipf~Empi,oy~(iis i,:aid)Jy an Employer for sixty-five (65) or 

more days, including regular days, sick days; S~tiJJ"clays, Su1t411ys, aJJcl)io]idays {,vhether worked or not), the 

Employer shall contribute, at the prevailing rate, to the.Health Fund Oil behalf of said.Employee for eight (8) hours 

per day for each paid day. . · · · . . ·· · 

The rate of contribution to the Health Fund, effective October 1, 20 I 4, shall be $7,94 perhour. October I, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shaH be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used fcir other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid_as follows: 

www.Teamsterslocal807 .net 

00254 
'1i·.·11,

I. Where, during any quarterly reporting period, an Employee is paid by the -Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sunda:rs, ~nd holidays (whether worked or not), the. 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October l, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00255 
,i.'i:I.

-

SECTIO:', 10. 

HEALTH AND PENSION 

rA) HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund, 

Contributions by the Employer shall, effective October l, 2014 be paid as follows: 

l, Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours, 

2, Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day, 

The rate of contribution to the Health Fund effective, 

October I , 20 I 4 the rate shall be $7, 94 per hour. 

October 1, 2015 the rate shall be $8, l 9 per hour. 

October 1, 2016 the rate shall be $8.44 per hour. 

October 1, 2017 the rate shall be $8.69 per hour. 

October 1,2018 the rate shall be $8.94 per hour. 

October l, 2019 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes, 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 20 l 4 and to be paid as follows: 

l, \Vhere, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day, 

6 

00256 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October 1, 2014 the rate shall be $9.015 per hour. 

Effective October I, 2015 the rate shall be $9.465 per hour. 

Effective October I, 2016 the rate shall be $9.915 per hour. 

Effective October I, 2017 the rate shall be$ I 0.365 per hour. 

Effective October I, 2018 the rate shall be $ I 0.815 per hour. 

Effective October I, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 20 I 4 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per ho4r. 

Effective October I, 2017 the rate shall be $8.30 per hour. 

Effective October 1, 2018 the rate shall be $8. 75 per hour. 

Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(D) TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

c The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

ct. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority of the Board ofTrustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding upon the parties hereto. 

00257 

7 
e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment of pension and/or health contributions, or penalties and notice of such default is 

served upon the Employer via ordinary mail by the Administrator of the Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and if said default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach of this Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator of the Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who hal'e worked in the preceding quarter in all classifications 

coYered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the right to 

inspect the books and/or records relative to such statement and to interview all Employees of the Employer. The 

Administrator shall fonhwith report in writing the results of any inspection or interl'iew. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quanerly reponing period, 

shall be for a minimum of five hundred and twenty (520) hours for said quaner, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. 

Effective October I, 2015 the sum will be $6.00 per hour. 

Effective October I, 2016 the sum will be $6.25 per hour. 

Effective October 1, 20 I 7 the sum will be $6. 50 per hour. 

Effective October I, 2018 the sum will be $6.75 per hour. 

Effective October I, 20 I 9 the sum will be $7.00 per hour. 

For all overtime hours 

Effective October 1, 2014 the sum will be $11.50 per hour. 

Effective October 1, 2015 the sum will be$12.00 per hour 

Effective October I, 2016 the sum will be $12.50 per hour 

Effective October 1 , 201 7 the sum will be $ I 3 .00 per hour. 

Effective October 1, 2018 the sum will be $13.50 per hour 

Effective October 1, 20 I 9 the sum will be$ 14.00 per hour 

Each Employee will be paid their prci-rata share of the Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

8 

00258 
PARTICIPATION AGREEMENT 

BETWEEN 

LOCAL 807, I.B.T. 

AND 

THE LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

This Participation Agreement is executed and effective as of the 1st day of September, 

2011 by the Board of Trustees of the Local 807 Labor-Management Pension Fund (the 

"Trustees") and Local 807, I.B.T. (the "Employer"); and 

WHEREAS, the Local 807 Labor-Management Pension Fund (the "Fund"), is a 

multiemployer pension fund designed to provide retirement benefits to eligible participants and 

their beneficiaries pursuant to a defined plan of benefits ("the Plan"); and 

WHEREAS, an "Employer" as defined in the Fund's Agreement and Declaration ofTrust 

(the "Trust Agreement") may obtain pension and retirement benefits of the Plan for certain of its 

employees by making contributions to the Fund on their behalf in accordance with the provisions 

of the Plan and Trust Agreement, thereby accepting and ratifying the Plan and the Trust 

Agreement; and 

WHEREAS, the Trust Agreement allows employees of the Employer to participate in the 

Fund and to receive benefits thereunder; and 

WHEREAS, in order to obtain the benefit of the Plan for its employees, the Employer 

sets forth and memorializes its obligations in this Participation Agreement, stating that the Plah's 

benefits extend it its employees. 

00259 
NOW, THEREFORE, it is understood and agreed as follows: 

I. The Employer agrees to make contributions to the Fund, on behalf of its 

employees as of their date of hire, in accordance with the terms of this Participation Agreement. 

Contributions must be made for all hours worked by Employer's employees commencing on the 

effective date of this Participation Agreement. The Fund agrees to provide pension benefits 

pursuant to the Plan to eligible employees of the Employer. 

2. The Employer agrees to contribute to the Fund in accordance with the terms of the 

Fund's Rehabilitation Plan with the Pension Protection Act of 2006 for each employee identified 

in paragraph one ( 1) of this Participation Agreement. 

The Employer shall contribute to the Fund as follows: 

• For the period of September 1, 2011 through and including August 31, 2012 at 

the rate of$7.6650. 

• For the period of September I, 2012 through and including August 31, 2013 at 

the rate of $8.1150, which represents the previous rate of $7.6650 plus an 

increase of$0.45 pursuant to the terms of the Fund's Rehabilitation Plan. 

• For the period of September 1, 2013 through and including August 31, 2014 at 

the rate of $8.5650, which represents the previous rate of $8.1150 plus an 

increase of$0.45 pursuant to the terms ofthe Fund's Rehabilitation Plan. 

Empioyer payments shal) be accompanied by the Fund's remittance reports ··and/or any other 

. .. . 

information deemed necessary or required by the Trustees. Contributions shall be made to the . . 

Fund for each hour for which the employee is paid by the Employer, up to a maximum ofeight 

(8) hours per day and forty ( 40) hours per week, and shall be made in accordance wit~ the Trust 

Agreement, as amended. Contributions shall be payable from the first day of employment arid · 

shall be paid in accordance with the Fund's governing documents. 

2 

00260 
3. Contributions shall be made payable to the "Local 807 Labor-Management 

Pension Fund." Contributions and remittance reports are due on or before the 20th day of each 

month following the month in which hours are worked. Upon the failure of the Employer to 

make payment of any contribution when due or to provide records as required herein, the 

Trustees shall be entitled, at their sole option, to take any action permitted by this Participation 

Agreement, by the Trust Agreement, and/or by law to collect such contributions, together with 

interest, calculated at 18% annum, liquidated damages equal to 20% of the delinquent 

contributions, attorneys' fees, auditor's fees, disbursements and costs. 

4. The Employer agrees that the participation of its Employees in the Fund is 

conditioned on its compliance with the participation, coverage and non-discrimination 

requirements of the Fund and the Internal Revenue Code. The Employer agrees to provide any 

information required by the Trustees to determine whether the participation of its Employees 

complies with these requirements. The Employer agrees that if it fails to provide accurate 

information requested by the Trustees or fails to comply with the participation, coverage and 

non-discrimination requirements of the Fund and the Internal Revenue Code, the participation of 

its Employees will terminate automatically as the first day of the Plan year in which such failure 

to comply occurred. 

5. The Employer acknowledges that the Trustees may terminate the Employer's 

·· 'participation at any time in their sole discretion. 

6. Any claim that the Employer has failed to make proper payment or to file proper 

reports with the Fund may be submitted to final and binding arbitration before an arbitrator(s) 

designated by the Trustees for the arbitrator's determination and award. The award of the 

arbitrator shall be final and binding and subject to enforcement in aBy court of competent 

jurisdiction. The award of the arbitrator shall direct payment of contributions to the Fund, 

, 

3 

00261 
together with interest, liquidated damages, attorneys' fees, and costs. Said arbitrator shall not 

have the power or authority to modify the provisions of the Trust Agreement or this Participation 

Agreement. 

7. The Employer hereby accepts, ratifies and adopts the Trust Agreement, as 

amended, and any future amendments to the Trust Agreement. The Employer agrees to be 

bound by to all the terms and conditions of the Trust Agreement, the Plan of benefits adopted by 

the Fund pursuant to the Trust Agreement, and the decisions of the Trustees in administering the 

Plan and rules and regulations adopted by the Trustees in administering the Fund, and all of the 

actions of the Trustees in administering such Fund. The Trust Agreement and the Plan are 

incorporated in this Participation Agreement by reference. The Employer hereby accepts as 

Trustees the present Trustees appointed under the Trust Agreement and all succeeding Trustees 

that are appointed in accordance with the terms of the Trust Agreement. 

8. The Employer shall maintain such records, reports, and information on its 

employees as may be necessary for the proper administration of the Fund as are now or may 

hereinafter be required by the Trust Agreement. 

9. The Employer authorizes the Fund to perform, as the Trustees deem necessary, 

audits of the payroll and employee wage records of the Employer as well as other documents 

reasonably necessary to determine whether and to what extent the Employer has made the 

contributions specified herein for any relevant period, and the Employer agrees to comply with 

the provisions of the Trust Agreement and the Fund relating to such audits. These rules include, 

but are not limited to, reimbursement of audit fees, liquidated damages and interest. The 

Employer agrees to cooperate in the performance of such audits shall pay amounts determined to 

be due as a result of any such audit promptly upon demand. 

• 4 

00262 
10. The Fund agrees to distribute and make available to employees of the Employer 

copies of the Plan, the Summary Plan Description, and any other documents that are required by 

law to be distributed to participants of the Plan. 

11. The Employer acknowledges that the Trustees have full discretion and authority 

to: determine eligibility for benefits for employees of the Employer; adopt rules governing the 

participation of Employer's employees in the Fund which may be included in the Plan, the Trust 

Agreement, and/or any other documents governing the Plan; and amend and interpret these rules 

and documents. Such rules and documents may be amended by the Trustees without the consent 

of the Employer. 

12. Notwithstanding anything in this Participation Agreement ( or any amendment 

hereof) to the contrary, no provision of this Participation Agreement shall be construed to violate 

the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), the Internal 

Revenue Code, or any other applicable law. In the event that any provision of this Participation 

Agreement shall be held by any court of competent jurisdiction to be illegal, void or 

unenforceable, such provision shall have no effect upon, and shall not impair the enforceability 

of, any other provision of this Participation Agreement. In addition, nothing contained herein 

shall be deemed a waiver of any rights or authority granted to the Trustees by the Trust 

Agreement, as amended, or any resolution of the Trustees. 

13. This Participation Agreement may be amended t; the extent required by law 

without the consent ofthe Employer. 

14. This Participation Agreement shall be governed by, construed and enforced in 

accordance with the laws of the State of New York applicable to contracts made and performed 

in the State of New York (without giving effect to the principles thereof relating to conflict of 

laws), except to the extent otherwise governed by federal law. 

5 

00263 
15. This Participation Agreement sets forth the entire agreement of the parties hereto, 

is intended to be a complete and exclusive statement of the terms hereof, and may not be 

modified or amended except by a writing signed by all of the parties hereto or pursuant to 

paragraph thirteen (13). 

16. This Participation Agreement shall inure to the benefit of the parties hereto, and 

their successors and assigns. 

17. The Employer shall not have any right, title or interest to any of the assets of the 

Plan. 

18. It is understood and agreed to by the parties to this Participation Agreement that 

the Trustees shall have complete authority and discretion to determine eligibility for benefits for 

employees ofthe employer. 

19. This Participation Agreement may be executed in any number of counterpart 

copies, each of which shall be deemed to be, and have the force of, an original, but all of which 

shall be considered the same instrument. 

20. The Employer agrees that the participation of its employees in the Plan may be 

terminated immediately if the Employer violates any provision of this Participation Agreement, 

the Plan, or the Trust Agreement incorporated herein. Otherwise, this Participation Agreement 

shall continue in effect until terminated in writing by the Trustees upon 60 days advance written 

notice to the Employer. 

21. Nothing in this Participation Agreement shall be deemed as an admission that 

prior contributions were made without authority or in violation of any law or regulation. 

22. This Participation Agreement shall be effective until December 31, 2013. 

6 

00264 
IN WITNESS WHEREOF, this Participation Agreement is executed and effective as of 

the day and year first written above. 

Trustees of the Local 807 Labor-Management Local 807, I.B.T. 

Health Fund 

J . John Sullivan, President 

Employer Trustee 

7 

00265 
32·g.,9th Street, Long Island City, NY 11103 Teamste• P (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com ' LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

----------------------------------·------~ 

Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

Secreta/1j-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

(Ze-c_ 'cl io/2.o/11, 

J To: Health and Pension Funds ([5

From: Tony Storz 

Subject: Unlimited Productions 

155 East 55th Street #204, NY, NY 10022 

Date: June 20. 2016 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($ I 6.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees ofTeamster Local No. 807 

within thirty (30) days ofthe month end ofall annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October l, 2014 be paid as follows 

!. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effectiv~ Octoqer I, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8.19 per hour. October l, 20 l 6 the rate shall be $8.44 per hour. October I, 20 l 7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

www. TeamstersLocal807 .com.org. net 

0026
.. . W .

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

!. Where, during any quarter!?,: reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, ii\cluding regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October!, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October!, 2018 

the rate shall be $10.8 I5 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 20 I 4 will be $6.95 per 

hour. 

Effective October I, 20 I5 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7 .85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8. 75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

002
.JUM-16-2016 02: 15 FROM: TO: 12124214850 P.5 

vacation time. No benefits (health, pension and annuity) will be paid on vacation pay. 

C. All days worked and all days (axeopt vacation days) for which any Employer musl pay w, Employee 

shall be totol,;d to establish anEmployec,'s eligibility for an earned vacation benefit Each Employer 

shall pay its pro rata shore .of an Emplo~e•s earn~ vacation benefit. An Employee must bo paid a 

minimum offour hundred (400) hours in !ho industry during the qualifyins period to be eligiblo for 

a vacation benefit. 

D. Work days lost through comJ)Cllsation claims a:rc to bo included when computing tho number ofdays 

for eligibility for a vacation benefi~ provided the Employee worlced four hundred (400) hours during 

the qualifying period. 

E. Vacation benefits for itinerant workers shall be paid on or before June 30th ofeach year. 

SECTIONS. 

PRTOR ~ENEFITS. MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition ofcmploymen~ in nny clossifiontion, is better, highoror superior 

IO lhosc provided in this Agreement, then such wages, terms and conditions sho.11 continue in full force and 

cffccl and shall not be modified bocausc of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recogni,.e tho principle ofseniority and agree that same sho.11 be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling ofvacntions, etc. 

B. Senior Employees shall have preferen~ to wod.: at the job for which the pay is highes~ provided such 

Employee is qualified for such work. 

C. Any Employee working thlrty{30)days in one hundred (100) shall be placed on the seniority list as of 

his first day of hire. No Employee-may beon more tlum one (I) seniority list at any one (1) time. The seniority 

list is frozen at twenty (20) men for this contract 

D. The Foreman, solcctod by the employer shall be the first man assigned on each job. 

E. Each employer has !he righi to name the first three (3) m<:n (from the 20-man seniority list) for each 

event from each day's t.ota! Teamster call. ,_.

- F. If the union is involved in a picket lino at a show site, the most senior man on the picket lino shall be put to 

work on that show for the day, for the Employer being picketed Any days worked after lhe first day, !he 

forem1111 shall follow the seniority list. 

SECTION 10, 

HEALTH AND PENSION 

(Al HEAl,Tl;! 

5 

00268 
TO: 12124214850 P.6 

The Elllploycr shall participate in the Local 807 Labor-Management Health fund. 

Contribution., by the lomployer shall, effective October I, 2014 be paid as follows: 

I. Where, durins 1111y quarterly reporting period, an Employee is paid by an EmployQJ' for less than si.xtyfivc (65) days, including regular days, si~ daya, Sotutdays, Sundays, 1111d holidays (whether worked or not), tho 

Employer shall contributc at Ille prcvlllling ratc, to the health Fund on behnlf of!hot Employee for each paid 

straight time IUld overtime hour up to a maximum offive hundred twenty (S20) hours. 

2. Where, during any quwierlyreporting period, an Employee is paid by an Employer for sixty-five (M) 

or more days, including regull!I' days, sick dcys, Saturdays, Sundays, and holidays (whctherworkod ornot), the 

Employer shull contribute. at the provailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hour.; per day for each paid day. 

The rate of contribul.ion lo tho Hoalth Fund effective. 

OctobCl' 1, 2014 the rate •h•ll be $7,94 per hour. 

October 1, 2015 the rat.c shall be~$· er hour.

October 1, 2016 the rate shall b $.8.44 er hour.­

October 1, 2017 the rate shall be .69 per hour. 

October 1, 2018 the rate shall be $8.94 per hour. 

October 1, 2019 the rate shall be $9.19 per hour, 

Health contributions are to be deposited in a separate account, not to bo used tor other than Health Fund 

purposes. 

CBl ffi/SIQ1:! 

Tho Employer shall participate in the Local 807 Labor-Management Pension Fund. Conlributions by the 

Employer shall, effective October I, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employerfor less than sixty• 

five (65) days, including regular days, sick days, Salurdays, Sundays, ond holidays (whetherworked or not), the 

Employer shall contribute, at tho prevailing rate, to the Pension Fund on behalfofsoid Employeoforeach paid 

straight tin,c and overtime hour, up to~ ma."<imum of five hundrod twenty (520) hours. 

2. 11/hcre, during any qumterly reporting period, an Employee is paid by the Employer forsLxty-five (6S) 

or more days, inciuding regular days, sick days, Saturduys, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per dny for each pay day. 

The rate ofcontribution to the Pension Fund for men on the (20) man se.niority list, 

Effective October 1, 2014 the rate shall be $9.015 per hour. 

Effecti.vc October l, 2015 the rote shnll be $9.465 per hour. 

Etrectivo Oclobor 1, 2016 the rnte shall bc~er hour.-

Effectivo October 1, 2017 the rate shall be~per hour. 

Effective October I, 2018 the rate shall be $10.815 per hour. 

Effective October I, 2019 the rate shaU bo $ll.26Sper hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October 1, 2014 the rate shall be $6.95 per hour. 

Effective Octob"1' 1, 2015 the rate shall be~hour. 

Effective O<:tobcr 1, 2016 tho rate shall bo ®J)crhour. 

Effective October l, 2017 the rate shall bo SS.30 per hour. 

Effective October I, 2018 tho rate shall be $8.7~ per hour. 

6 

0026
awis-1b-cel<llb 02:16 FROM: T0:12124214850 P.7 

Effoctivo OclObcr I, 2019 th.shall be $9.20 per hour. 

lf an employee permanently Jeoves the Higher Rnte per hour core for whatever the nonson ilte senior most 

employee within. the per hour coro shall immcdiatoly move up into the higher rnte per hour core and have thm 

amount thereafter conbibutod on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rato pension at all times. 

P~sion contributions are to be deposited in n sepnrnte account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall bo as prescribe per the pension rehab plon. The employer adopts the tenns and 

condition of the Pension Rehabilitation Plan. 

CID. TRUST FUNDS: 

a. Tho Trustees of the Health and Pension Funds shttll be those pcn;ons now active as Trustees, or their 

duly designated successors. 

b. Contributions shaU be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

c The Trustees shall have the right to accept the Union os an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish ruks, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Bealth and Pension Funds and the rights ofcmploye¢s lhcrounder. The Trustees 

shall set forth I.be rules 11I1d provisions governing I.be administrntion ofthe funds. If the Trustees do not•~ 

on rules coveri11g the foregoing, n neutral Trustoo shall be added to the Board ofTrustees and the decision of a 

majority ofthe Board ofTrustees with respect to the whole or any prutofthe Health and Ponsion Funds shall be 

binding upon the parties hereto. 

e. The Trustees of(he Health and Pension Funds may assess penalties fonmy and all delin.quentpaymenls 

in amounts, which they, in discretion, deem,justified to offset the added cost of collection. 

In the event tho Employer defaults in payment ofpension and/or health contributions, orpenalties and notice of 

such default is setved upon the Employer via ordinary mail by !he Administrator of the Funds, WJd copies ore 

sent lo the Union, Pension und/or"Heulth Trustees, Md ifsaid default is not pald within five (:S) working days 

a!l.cr said notice of default, then the provisions for arbitration shall bo doomed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike againsl the Employer in defaul~ 

which shall not be considered a breach ofthis Agreement. The Employer shull within twenty {20) days after 

each quarter submit to the Administrator or the Funds a statement, under oath, setting forth the names and 

social security numbers ofall Employoos, both Union and nonunion,who have worked in the pre<;eding quarter 

in all cwsifications covered by this Agreement nnd such sta!¢Iilcnt shall set forth tho contributions made on 

beholfofsuch Employees- The Funds' Administrator, on his own motion, or at the request ofthe Union shnll 

have the right to inspect the books and/or records tolaliYo to such statement and to interview all Employees of 

the Employer. The Ado!htislrator shall forthwith report in. writing the results of any inapection or intervii:w, 

f Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behlllf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

7 

00270 
Teamste51 

LOCAL UNION 807 

32-43 49th Street, Long Island City, NY 111 03 

Pho.18) 726-2525 • Fax (718) 726-7037 

E-mail: loca1B07@aol.com 

Anthony Storz Lu Herrera Angel Curbelo Gladys Nieves Marty Meyers 

Secretary-Treasurer Vice President 

' 

Trustee Trustee Trustee 

•. MEMORANDUM • 

To: Local 807 Health and Pension Funds l;

-~\-;,!\ \1 

From: Lu Herrera-Vice President p Subject: United Envelope 

Date: May 27, 2016 i' ' 

United Envelope has signed a Collective Bargaining Agreement on for the period of April 1, 2016 thru 

March 31, 2019. 

ARTICLE 19. HEALTH. PENSION AND ANNUITY FUND 

I. The Employer shall participate in the Local 807 Labor-Management Health, Pension, and Profit Sharing Fund 

("Funds"). To provide the benefits prescribed by the Trustees oft~e Funqs, the Employer shall periodically 

contribute to the Funds at the rates set foith)1ef~lli., · · · 

·,, .-,.< ·,_.,:_,.,·_·..·' _' -· ':', ... _·-··.- ...' ,, 

* Profit Sharing Fund- $.50 per hour for 1;1!!_~9_tirs pa,id for the life\>fth_e contract. 

A . Health Fund Increases: ·. <,/\::.-.• :c _ ·• ·. 

Effective April I, 20 I !i. FI~~),ilif~~t~Jia.l)be $8.44 

Effec~ve Ap~l 1, 2017_1-!ef~,IJ:\i;J:;i1~f~~~,llb~ $8.69 

Effectlve Apnl 1, 2018 .Flel!l\J\_fui!i~;~Qllll be $8.94 

~:-- \?t/H/IJI!ftt: -.....;... '-:• 

B. Pension Fund Increases: As per the"_Pension Retiabilitation.-Plan. :- .:•,_,. ··. :. /{;i:•1:'.\t<}:<<}.--· .,__ -·?:: . ' 

Effective April], 2016 Pe~s1qr_i);w/A-?ba,)!p¢ ~9.~1?' 

Effective April l, 2017 Perls.i_.if;jJ;,:jrl,d,_ ~h~ll, qe,S 1Q36~ 

Effective April l, 2018 Pensiol) Fμn'cl ~ha!] be _$10;8]5 . \· ... ' ·.-. 

The Employer adopts the tenns and conditions ofthe Pension Fund's Rehabilitation Plan along with future amendments. The Company 

agrees to pay the annual contribution increases required by the Rehabilitation Plan as amended as if said contribution schedule was set forth 

in this Agreement. · 

2. All contributions to the Health and Pension Funds shall be made on all hours paid, with a maximum of eight­

(8) hours per day. The contributions made pursuant to the combined contribution rates shall be distributed 

between the Health and Pension Funds in accordance with the direction of the Trustees of such Funds. 

,. 

www.TeamstersLocal807.net 

00271 
Contributions shall not exceed 40 hours per week 3. In the event of a delinquency in payment, the Employer 

agrees to abide by all rules and regulations established by the Trustees of such Funds. In the event of disputes or 

questions of interpretation concerning the requirements to make contributions or portions thereof, the Employer 

shall not be deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer shall pay the amount due, including 

interest, retroactive to the date ofthetlelinquency. , 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll records 

for the purpose of checking the accuracy of the contributions required to be made by the Employer to the Funds. 

Ifthe Employer fails to make the contributions provided for herein within the time required by the Funds trusts 

agreement and the rules and regulations of each of the Funds, then the Trustees may cancel out the benefits 

coverage for such bargaining unit employee on whose account the Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions ofthe Trustees in filling out such forms. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the Trustees, 

but in no event more frequently than monthly. 

8. The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution of the assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall 

be added to the Board of Trustees and the decision of a majority of the Board of Trustees with respect to the 

whole or any part ofthe Health, Pension, and Profit Sharing Funds shall be binding upon the parties hereto. 

9. The Trustees ofthe Funds may assess liquidated damages for any and all delinquent payments in amounts, 

which they, in their discretion, deem justified to offset the added cost of collection. 

00272 
ARTICLE 14. ENFORCEl\'IENT OF AGREEMENT 

Both parties have the obligation to enforce all provisions of this Agreement. 

ARTICLE 15. NONDISCRIMINATION ,. 

There shall be no discrimination against any employe~ by-either tl1e Employer or the union in 

regard to hiring, tenure of employment, promotion, transfer or other conditions of employment 

because ofrace, creed, color, sex, age, religion or national origin. 

ARTICLE 16. MANAGEMENT RIGHTS 

The Employer retains all rights not specifically abrogated by this Agreement, including the right 

to control and supervise alJ ofits operations, to detennine the business or businesses it will 

conduct, to determine the activities and functions it will conduct in pursuit of its businesses, and 

to direct all working forces (including the right to select hire, layoff, transfer, suspend or 

discharge employees for cause), to control and regnlate the use of alJ equipment and other 

property of the Employer, to change location or facilities, to maintain discipline among 

employees, to introduce new or different methods or facilities, to consolidate and/or eliminate 

positions to cease or suspend business activities and to otherwise promote efficiency in the 

operation. The provisions ofthis Ariicle, however, are not to be used by the Employer for the 

purpose of discriminating against the Union or any of its members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and tl1e Employer 

agrees that there will be no lock -outs. 

ARTICLE 18. BEREAVEMENT LEAVE 

In the case of death in the immediate family of an employee who has been on the seniority list 

for at least six (6) months (i.e., spouse, parents, sister, brother, children, grandchildren, motherin-law or father-in-law), the Employer shall grant the employee up to four (4) days off, with pay, 

for express purposes of attending services for the deceased. Two (2) days shall be gnaranteed 

regardless of day of death or day of funeral, provided the employee loses two (2) days of world 

opportunity. Death certificates or other satisfactory proof of death must be submitted to the 

Employer. 

Article 19. HEALTH. PENSION AND ANNUITY FUND 

1. The Employer shalJ participate in the Local 807 Labor-Management Health, Pension, and 

-Profit Sharing Fund ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, 

the Employer shall periodically contribute to the Funds at the rates set forth herein. 

* Profit Sharing Fund- S.50 per hour for alJ hours paid for the life of the contract. 

9 

00273 
iii~

A. Health Fund 

Effective 

Increases: 

April 

-

I, 2016 Health Fund shall be $8.44 

Effective April 1, 201 7 Health Fund shall be $8.69 

Effective April I, 2018 Health Fund shall be $8.94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective April 1, 2016 Pension Fund shall be $9.915 

Effective April I, 2017 Pension Fund shall be $10.365 

Effective April 1, 2018 Pension Fund shall be $10.815 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan 

as amended as if said contribution schedule was set forth in this Agreement. 

2. All contributions to the Health and Pension Funds shall be made on all hours paid, with a 

maximum of eight- (8) hours per day. The contributions made pursuant to the combined 

contribution rates shall be distributed between the Health and Pension Funds in accordance with 

the direction of the Trustees of such Funds. 

Contributions shall not exceed 40 hours per week 3. In the event of a delinquency in payment, 

the Employer agrees to abide by all rules and regulations established by the Trustees of such 

Funds. In the event of disputes or questions ofinterpretation concerning the requirements to 

make contributions or portions thereof, the Employer shall not be deemed delinquent while the 

matter is being considered pursuant to the grievance and arbitration procedure. If a delinquency 

in the payment is found to exist, the Employer shall pay the amount due, including interest, 

retroactive to the date of the delinquency. 

4. The Employer hereby agrees to permit an authorized representative of the Funds to inspect its 

payroll records for the purpose of checking the accuracy ofthe contributions required to be made 

by the Employer to the Funds. Ifthe Employer fails to make the contributions provided for 

herein within the time required by the Funds trusts agreement and the rules and regulations of 

each of the Funds, then the Trustees may cancel out the benefits coverage for such bargaining 

unit employee on whose account the Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and 

comply with said instructions ofthe Trustees in filling out such forms. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly 

designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set 

by the Trustees, but in no event more frequently than monthly. 

10 

00274 
8. The Trustees shall establish rules, which shall include, among other things, the requirements 

for eligibility and distribution of the assets. The Trustees shall also set forth the rules and 

procedures governing the administration ofthe Funds. If the Trustees fail to agree on said rules 

and/or procedures, a neutral Trustee shall be added to the Board of Trustees and the decision of a 

majority of the Board of Trustees with respect to the whole or any part ofthe Health, Pension, 

and Profit Sharing Funds shall be binding upon the parties hereto. · 

9. The Trustees ofthe Funds may assess liquidated damages for any and all delinquent payments 

in amounts, which they, in their discretion, deem justified to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

I. All Employees covered by this Agreement shall be allowed vacation, which is to be 

determined in accordance with the following schedule: 

one year - 2 weeks 

three years - 3 weeks ·' 

fifteen years - 4 weeks 

twenty years - 5 weeks 

thirty years- 6 weeks 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on 

straight time rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., 

will be made from all vacation allowances. The vacation year shall be from April 1 through 

March 31 of each contract year. All employees hired after September 30 of the contract year will 

receive 1 day vacation for each 30 days worked for the following contract year not to exceed five 

days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the 

Employer for at least six (6) months during the prior contract year. In detem1ining vacations, all 

hours paid for, including those allowed for vacation, shall be included. In addition, work hours 

lost through compensation claims are to be considered hours worked provided the employee has 

worked at least thirty, (30) days in that contract year. 

4. In any case, where any ofthe holidays covered in this Agreement occur during the vacation 

period of any employee, said employee shall have the choice of an extra eight (8) hours vacation 

with pay or an additional eight (8) hours pay for such holiday. 

5. The Company shall determine the vacation schedule each year and shall give preference to the 

senior employees. Employees who are discharged by the Company for cause and those who 

tenninate their employment shall be paid their accrued allowance. 

6. The vacation period will be from April 1 to March 31. The Company will post a vacation 

11 

. -

00275 
/=M'..-k~'~LOCAL UNION 807 ~w.--~ 

Teamsters 32-43 49th Street. Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Shmv Employees -m. Greater New York Vicinity and Metropolitan Area 

John "Buddy" Su/liVan .Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves M3-rjy.-Meyers~---scoti-B';J!!_Y President Secretary-Treasurer Vice President Recording Secretary Trustee , ,, ✓- Trustee Trustee \ 

D le: 0--f" 

MEMORANDUM f1⁄4--c.'<l I,, I2-0/ J7 

To: Health and Pension funds 

From: Tony Storz-Sec. Treas. 

Subject: Tattooedkingpin - Contribution letter 

Date: June 20.2017 

The above employer has signed an agreement effective from October 1,2014 

to September 30,2020. 

Profit Slrnring Fund 

The Employer has agreed that contributions 011 the l:mployees' behalr are to be made into the 

Local 807 Profit Sharing fund in the sum of eight dollars and 11\ent)-three cents ($8.23) for all 

straight hours effective October I.2014 thru September 30. 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

errective October I. 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers \\ill provide individual wrillen notice to all employees ol"Teamster Local No. 807 

11ithin thirt) (30) days of the month end of all annuit) payments made by the Employer in the 

member·s mune. 

HEALTH AND l'F.NSION 

AJI-IEALTH 

The Employer shall participate in the Local 807 Labor-Managemenl Health Fund. 

Contributions by the Employer shall. effective October I, 2014 be paid as follows 

I. Where. during an) quarter!) reporting period. an "Emp!O);ee is pitid b) an Employer for less than sixty-five 

(65) days. including regular days. sick Jays, Saturdays, Sundays. and holidays (whether 11orked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf or that Employee for each paid straight 

time and O\ertime hour up to a maximum of live hundred t11~1it) ·(520) hours. 

Where. during Ull) quarterly reporting period. an Employee is paid by an Employer for sixty-five (65) or 

111ore da)S. including regular days. sick days, Saturdays. ·sunda)s. and holidays (11he1her worked or not). the 

E111ployer shall contribute. at the pre,ailin:,c rate. to the Health Fund ,>11 behalf of said E111ployee for eight (8) hours 

per day ror each paid day. 

The rate of comribution to the Health Fund. effective October I.2014. shall be $7.94 per hour. October I.2015 the 

rate shal I be $8.19 per llllur. October l. 2016 the rate shall be $8.44 per hour. October I. 20 I7 the rate shall be shall 

be S8.69 per hour. October I.2018 the rate shall be $8.94 per hour. October I.2019 the rate shall be 

$9.19 per hour. 1-lenlth co111ributio11s are to be deposited in a separate account. 110110 be used for other than Health 

rund-pu~~- · www.ibt807.com 

00276 

1 
(Bl PENSION 

The Emplll)cr shall pani~ipate in the Local 807 l.ab,,r-!vla11ageme11t Pensilln l'und. l'crntributions b) the Emplcl)er 

shul I. effect iH: (ktl)bl.!r I. 20 I.:l and tu be paid as l'o!lo\\ s: 

I. Where. during'"') quarter!) reporting period. an Employee is paid b) the Employer for less than sixty-live 

(65) da)S. including n:gular da)S. sick days. Saturdays. Sundays. and holidays (11he1her \\orked or not). the 

Employer shall cuntribute. at the prevailing rate. to the Pension Fund 011 behalf of said Employee for each paid 

straight time and ovc-rtime hour. up to a maximum of live hundred \\\\.!Ill) (520) hours. 

2. \Vhere. during till) quarter!) reporting period. an EmplO)CC is paid by the Employer for sixty-live (65) or 

more days. including regular days. sick days. Saturdays. Sunda)s. and holidays (whether svorked or not), the 

Employer shall contribute. at the prevailing rate, 10 the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pa) day. 

The rate of contribution to the Pe,ision l'und for men on the (20) man seniority list, effective October I. 2014. ,hall 

be $9.015 per hour. Effective October I, 20 I5 the rate shall be $9.465 per hour. Eftective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I. 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $ I 0.815 per hour. Effective October I, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees. ef1ective October I. 2014 will be $6.95 per 

hour. 

Effrctive Octclber I. 2015 the rate shall be $7.'10 per hour. Effective October I. 2016 the rate shall be $7.85 per 

hour. 

Eflective October I. 2017 the rate shall be $8.30 per hour. Effective October I. 2018 the rate shall be $8. 75 per 

hour. Effective October I.2019 the rate shall be $9.20 per hour. 

If an employee permanently lelll·CS the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up intll the higher rme per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension l'und. There shall be t11enty (20) men in the higher rate pension at all 

times. 

Pension contributions an: to be deposited in a sepnrat~ account. not 10 be used for oth~r than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The emplci,er adopts the terms and condition of 

the Pensiun Rehabilitation Plan. 

00277 
SECTION 10. 

HEALTH AND PENSION 

(Al HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65 Jdays, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five(65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October I, 2014 the rate shall be $7. 94 per hour. 

October l, 2015 the rate shall be $8.19 per hour. 

October I, 2016 the rate shall be $8.44 per hour. 

October I, 2017 the rate shall be $8.69 per hour. 

October I, 2018 the rate shall be $8.94 per hour. 

October I, 2019 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

{Bl PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 20 I 4 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whet-her worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight tinie and overtime hour, up to a maximum of five hundred twenty (520) hours. · 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribut_e., at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8J 

hours per day for each p·ay day. · 

6 

00278 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October I, 2014 the rate shall be $9.015 per hour. 

Effective October I, 20 I 5 the rate shall be $9.465 per hour. 

Effective October I, 2016 the rate shall be $9.915 per hour. 

Effective October I, 2017 the rate shall be $10.365 per hour. 

Effective October l , 2018 the rate shall be $10. 8 I5 per hour. 

Effective October I, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7 .40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. 

Effective October I, 2018 the rate shall be $8.75 per hour. 

Effective October I, 20 I 9 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

· amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the tenns and 

condition of the Pension Rehabilitation Plan. 

TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contrjbut!ons shall be made to the Trustees of the Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shali establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board of Trustees an~ the decision of a 

majority ofthe Board of Trustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding upon th~ parties hereto. · ' · 

00279 

c 

7 
e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment of pension and/or health contributions, or penalties and notice of such default is 

served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and if said default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach of this Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator of the Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the right to 

inspect the books and/or records relative to such statement and to interview all Employees ofthe Employer. The 

Administrator shall forthwith report in writing the results of any inspection or interview. · 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. 

Effective October 1, 2015 the sum will be $6.00 per hour. 

Effective October l, 2016 the sum will be $6.25 per hour. 

Effective October 1, 2017 the sum will be $6.50 per hour. 

Effective October 1, 2018 the sum will be $6.75 per hour. 

Effective October l, 2019 the sum will be $7.00 per hour. 

For all overtime hours . . Effective October l, 2014 the sum will be $11.50 per hour. 

Effective October l, 2015 the sum will be $12.00 per hour 

Effective October l, 2016 the sum will be $12.50 per hour 

Effective October I, 2017 the sum will be $13.00 per hour. 

Effective October I, 2018 the sum will be $13.50 per hour 

Effective October l, 20 I 9 the sum will be $14.00 per hour 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distri.bution Fund at the conclusion 

of the first payroll period in December in each contract year. 

8 

00280 
TeamsteM' ✓ 3~· .,h Street, Long Island City, NY 1i103

Phone (718) 726-2525 • Fax {718) 726-7037 

11 ~ "01H•~"oo., ~ LOCAL UNION 807 E-mail: local807@aol.com 

~ Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees i Greater New York Vicinity and Metropolitan Area 

/ John "Buddy" Sullivan Anlhony Storz Lu Herrera Raymond Asqu/no ,_ rAhge/.Curbelo Gladys .Nieves Marty Meyers 

1o..:e,"'"'i President Secretary-Treasurer Vice President Recording Secretary · °Trustee · Trustee Trustee 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Theatrical Resources - Contribution letter 

Date: May 19, 2015 

. ',', 

. '· 

The above employer has signed an agreemenfeffective from OctcfbE1r 1,2014 

to September 30,2020. ··· · · '· 

Profit Sharing.Fund 

The Employer has agreed that contributions on the' Employees' behalf'afe. to be m'~de into the 

Local 807 Profit Sharing Fund in the sum of eight,dollars and twenty-thre6 _cents ($8j3) for all 

straight hours effective Octobero"l, 2014 thru SeptemberJ0; 2-020. · 

And for all double time hours at the sum of sixiC':en dollars and forty-siJi'":ient~ ($16.46), 

effective October I, 2014 .thzy September 30,2020 for a'll dciubletime overtime, :fl!,\l flr~;tlt ,Sh!ifing 

shall be paid for all hours such\1.s h91iday's, sickdays antj'.~]!-·otper paid days; '_'.; _. ' 

· ~-.: ,_ · ,c .:::T:r\r, --;-.. .·- ._-· ___ ··:·_·_.·._ ;:' 

Employers will provide indiy'idual written.notjc_e.:t,;f~I_Iempl<>yees ofT¢ap1sier· Lo~~! No. 807 

within thirty (30) days of the month end ofall aruiuit:y:Ji~yj/ients ri1ade byct~eiijfup)oy,~r,jn·tbe 

member's name. ..-.·. · · ;:Jit:Ji} :;... 0 //t\j,,',, -;_. 

A)HEALTH ~~THANjjp~~Qlj cA~ii 

The Employer shall participaie in the'I;~~i 807Labgt0},1anagemerit He~Ithf~pc!\Jla(,pJ' 

Contributions by the Employer sha)J,'ef.fective bctobe"t I, 2014 be paid as f6li6Ws'i!;,r,,;; •• ••• " 't ' • '' • • •. • -·•• _._•,•.-·-,:,. ':'<'.,.~ ,.,:,'-'( • . ' 

·: :..· ' -::_,- '. .. -.. '">'.:\((f~!? ,_···:·. ' 

I. Where, during any quarterly reporting peri\>4,.ll!l'i:;~ployee is pa,id by ari,'I,lfi'!pl9}'er:for less than sixty-five 

(65) days, including regular days, .sick days, ~~fui:(li,iy~;,'Suμqays, and :licjJ(day:S:' (\vheth'.er worked or not), the . 

Employer shall contribute at the prevailing rate,(<>'W-~:it~~!th F~p,ll;\iri'~efi~If~fitji~i,Jtit)pld~e~ for each paid straight 

time and overtime hour up to a maximum of five huriqr,~dtwenty,(51W>. hour~:- '·" · · · ' . . 

2. Where, during any quarterly reporting peridd; an Empipyee is paid by an:Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 ihe rate shall be shall 

be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October I, 2019 the"rate shall be 

$9 .19 per hour. Health contributions are to be deposited in a separate account, not tp-be used for other than Health 

Fund purposes. · 

(B) PENSION · www.TeamstersLocal807.com.org.net • 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 00281 
shall, effective October 1, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

·Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate.shall be$ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7 .40 per hour. Effective October 1, 20 I 6 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan . 

.. 

• -;, . 

00282 • 
~Jiii

V" 

SECTION 8. 

PRIOR BENEFITS· MAINTENANCE OF STANDARDS 

If wages or any other term or condition of employment, in any classification, is better, higher or superior 

to those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thiny (30) days in one hundred (100) shall be placed on the seniority list as of 

his first day of hire. No Employee may be on more than one (I) seniority list at any one (1) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. If the union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEAL TH AND PENSION 

(A) HEALTH 

The Employer shall panicipate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I. Where, during any quanerly reponing period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and ovenime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quaner!y reponing period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

5 

00283 
hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October I, 2014 the rate shall be $7.94 per hour. 

October I, 2015 the rate shall be $8.19 per hour. 

October 1, 2016 the rate shall be $8.44 per hour. 

October I, 2017 the rate shall be $8.69 per hour. 

October I, 2018 the rate shall be $8.94 per hour. 

October 1, 2019 the rate shall be $9. 19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October I, 20 I 4 the rate shall be $9.015 per hour. 

Effective October I, 2015 the rate shall be $9.465 per hour. 

Effective October 1, 2016 the rate shall be $9.915 per hour. 

Effective October I, 2017 the rate shall be $10.365 per hour. 

Effective October 1, 2018 the rate shall be $10.815 per hour. 

Effective October I, 201 9 the rate shall be $11 .265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October I, 2016 the rate shall be $7.85 per hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. 

Effective October I, 2018 the rate shall be $8. 75 per hour. 

Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

6 

00284 
c 

.,, ,I.a

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shali forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board of Trustees and the decision of a 

majority of the Board ofTrustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection.In the event the 

Employer defaults in payment of pension and/or health contributions, or penalties and notice ofsuch default is 

served upon the Employer via ordinary mail by the Administratorof the Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and if said default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach of this Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator of the Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the right to 

inspect the books and/or records relative to such statement and to interview all Employees of the Employer. The 

Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, perfonning covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

7 

00285 
' 

32-43 4 .iitreet, Long Island City, NY 11103 Teamsters-.. .... ·' 

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

Jahn "Buddy" Sul/Ivan Anthony Storz Lu Hsrrsra Raymond Asqulna Angsl Curbs/a Gladys N/,vss Mally Moysrs 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

RANDUM f-,;=-e,'J l-f/J/1~

r 

Or:: To: Health and Pension Funds 

From: Tony Storz j Subject: Showtime on the Piers LLC - Contribution Jetter 

Date: April 7, 2015 

,;frof'It Shitring Ji'1m<l, _·. 

The Employer has agreed th~.confributioas on the llmpl9ye~' t,ehalt' are to'~1Jnade into the 

Local 807 Profit Sharing Fund in-'the sμm -of :eight dollat~ iiltd tweiJty-thr¢e cents 18-23) for all 

straight hours effective October I; 2014 tlitii'Sept~mber:30, 2<120. · · ·· '\ 

. ·' i '·. ~ ·;· 

And for all double time hours at the sum of sixt.een,: d,<l!itfrs and forty-six cenfs:,,($16.46), 

effective October I, 2014 thru September 30,2020 for,alfdel:ll:ile time overtime,· T)).e Profit'Sharing 

shall be paid for all hours such as holic#ty's, sic!<; days and all 6tbet paid days. · 

Employers will provide individual wri~n notice' to.all employees ofTeamster,Lol:M )!'oi-~07 

within thirty (30) days ofthe month end ol;'aif1lrriμiitypa~~tii4#@~;'1Y the Empioyei:ip tAe 

member's name. · - · · ' ·· · · · ... ,.. ·· ' • ._.)1_ii"· . . ~'; '!. ' 

A) HEALTII . ·~nr .. 

The E_mpl_oyer shall participafe iri,th'~•Jt,~~~-~ge~~~!\o/~d-{f;, 

Contributions by the Employer shall,;,~,~~J:er. ), 2014 be p,~<!I~;f,~Jlp~i;i1⁄2i , · ...:. .. -...-/Wl°I:Wlt-~.},:,,,;.(.-. ;:··?~~<::: · ·: ..,r,,;~t\;t-Y~_1::;~.f- _.j/;'.•,i~it. ·._.. . :,· 

I. Where, during any qJJ•I . '·" · ' ·,::;~~(f;,iin = )?mplpyee<~,,~p~.!!!)1i,l}n\ploji'er'.for less than sixty-five 

(65) days, including regular' days, .. ,,:'t,Si;~~i;, Sllit~~,,, ifllt'~t,.'{(~~f worked or not), the 

Employer shall contribute at the preva • . . e, tq th~)\~lth Ilw.l!f)91i::~halfof~t'Employee for each paid straight 

time and overtime hour up to a maximui'n of-ftv~lliiii~JWenty.'{~~~l;~11_\lrs .. 

... ;,:1_·.->·.~-::,,;_~·-.<:<:.\..·<_ .::.?·\:·.ft?'), :___ . ' ': 

2. Whe~e, during any quarterly'!7I>Or6h~\ij~·,:Jij~mg!t};i~;l~,P.aif b.y !Ul,Employer for sixty-five (65) or 

more days, mcluding regular days, stck days;..Si(. ,;' s\jf@J,~iJ:!lll~>holidays'(:Whether worked or not), the 

Employer shall contribute, at the prev<1l,ling ~ate, to<tli'e' ',~lt~,:fiijid'.ott'behalf oflaid Employee for eight (8) hours 

per day for each paid day. ·· · · · · · 

The rate of contribution to the Health Fund, effective October l, 2014, shall be $7.94 per hour. October 1, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate.shall. be $,8.44.. per·hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October 1, 2018 the rate shall be $8.94 pet hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

www.TeamstersLocalB07.com.org.net 

00286 
1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00287 
. C. All days worked and all dr .except vacation days) for which any Emp' 'r must pay an Employee 

shall be totaled to establisl. . Employee's eligibility for an earned vaca oenefit. Each Employer 

shall pay its pro rata share of an Employee's earned vacation benefit. An nmployee must be paid a 

minimum of four hundred (4UU) hours in the industry during the qualifying period to be eligible for 

a vacation benefit. 

D. Work days lost through compensation claims are to be included when computing the number of days 

for eligibility for a vacation benefit, provided the Employee worked four hundred ( 400) hours during 

the qualifying period. 

E. Vacation benefits for itinerant workers shall be paid on or before June 30th of each year. 

SECTIONS. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition ofemployment, in any classification, is better, higher or superior 

to those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle ofseniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling ofvacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involveq in a picket line·at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

/A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

5 

00288 
I. Where, during any quart, ,eporting period, an Employee is paid by a· 1ployer for less than sixtyfive (65) days, including regular'"-,•, sick days, Saturdays, Sundays, and holid, whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf ot that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October l, 2014 the rate shall be $7.94 per hour. 

October 1, 2015 the rate shall be $8.19 per hour. 

October 1, 2016 the rate shall be $8.44 per hour. 

October l, 2017 the rate shall be $8.69 per hour. 

October!, 2018 the rate shall be $8.94 per hour. 

October 1, 2019 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

(B)PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October I, 2014 the rate shall be $9.015 per hour. 

Effective October 1, 2015 the rate shall be $9.465 per hour. 

Effective October 1, 2016 the rate shall be $9.915 per hour. 

Effective October I, 2017 the rate shall be $10.365 per hour. 

Effective October I, 2018 the rate shall be $10.815 per hour. 

Effective October !, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October 1, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. 

Effective October I, 2018 the rate shall be $8. 75 per hour. 

Effective October I, 2019 the rate shall be $9.20 per hour. 

6 

00289 
c 

If an employee pennanently lea~-- the Higher Rate per hour core for whale .he reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the tenns and 

condition ofthe Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees ofthe Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection.In the event the 

Employer defaults in payment ofpension and/or health contributions, or penalties and notice ofsuch default is 

served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach ofthis Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator ofthe Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the rightto 

inspect the books and/or records relative to such statement and to interview all Employees ofthe Employer. The 

Administrator shall forthwith report in writing the results ofany inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Healt.h and/or Pension Funds on behalf of 

corporate officers or salaried employees, perfonning covered employment during a quarterly reporting period, 

shall be for a minimum offive hundred and twenty (520) hours for said quarter, at the prevailing rate. 

.·, 

00290 7 
./ 

Teamst8" 3.491h Street, Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718j 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anlhony Slorz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marly Meyers 

President .Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

NDUM ~e,~19/1:5' 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Spectrum Show Services - Contribution letter 

Date: February 19, 2015 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be.made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thiu September 30, 202-0. · 

And for all double time hours at the sum of sixte\m '<!q!Iaif-and forty-six cents:($16.46), 

effective October I, 2014 thru September 30,2020 for a:Jl·doubjftime·overtime, The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days, · · 

Employers will provide individual written notice to allemployees (ifTeamster Lo.cal No. 807 

within thirty (30) days of the month end of all annuity pay}lililp:ts N~~fJ:>y:,tneEmploye{iii.tlr!l 

member'sname. . •:, '/::;••·.,.. •· ·.·. 

IfF;fWJ.1'- AND{fJ)~~Itj~~> ;>.·• ;; ;·!:•'.,_( . ' 

':.·(,: 

~~eHi:~~~r shall participate in tluiL~~~:~,61JciiboicM~;tgenf~~f H~~i~,gP.i~}'~~:~},; 

Contributions by the Employer shall, etf~S~Y/!.·@.cf<>b~r J, 2014 be paidc1tjJ9l)qf~/;!1'/ c 

·':· :.::.\f·f:i:-: .;,:_--", · · ._ .._-_: ;· ..,~'_,_..-::rrtf;l\{~~?A?:tfli{( :_· - I. Where, during any quarterly rel#>itmg.per.i9d;ari Employee is.:pij.@,hy,lfp:4~1)1ployer fQr less than sixty-five 

(65) days, including regular days, sipic\'.~y~/Siiturgay5.;:,Sun'\[aj~, ~'iltflf~!tf,~§f(~h:Ji!:her \vorked or not), the 

Employer shall contribute at the prevailing:rafe; to the health Furia pn·hehalf oftlll\t'.E!mployee for each paid straight 

time and overtime hour up to a maximum of five hund~cl l\v~)lty {529fh.§i\t$, . . . ::.: ·-r• .. ··, ... - . " ·;-_: ~:,'. : 

2. Where, during any quarterly repprti~g perioa;ili)•~rtipjqy~f I~ Piiil ~Y(a'n Joinployer for sixty-five (65) or 

more days, including regular days, sick days, Sattirday$;1Sun~11:y_s, !!,Ilq')ibli<:I;iy( (whether worked or not), the 

Employer shall contribute, at the prevailing rate, tci the Hl;lalth Fimil'on lfohalf of said Employee for eight (8) hours 

per day for each paid day. · · ., · · : · 

The rate of contribution to the Health Fund;effective October I, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8.19 per hour. October 1, 20 I 6 the rate shall be $8.44 per hour. October I, 201 7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9 .19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

• {B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 20I 4 ahd to be paid as follows: 

www.TeamstersLocal807.com.org.net 

00291 
., 

~~

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

. straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October l, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $ I 0.815 per hour. Effective October I, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00292 
--

. 

• i(;j'),

., 

SECTIONS. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

If wages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle ofseniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling ofvacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (l 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one ( 1) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 20_14 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October 1, 2014, shall be $7 .94 per hour. October I, 2015 

the rate shall be $8.19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall 

be shall be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

5 

00293 
.. A•--r~---• 

(B) PENSION • W 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate ofcontribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective 

October 1,2018 the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ I I.265 per 

hour. · 

The rate ofcontribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 20 I 7 the rate shall be $8.30 per hour. Effective October I, 20 I 8 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ID TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

- b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall inokide, among other. things, the requirements of 

eligibility, distribution ofthe Health and Pension Fun<l,s and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa 

' 00294 

c 

6 
l.JlllUlll~ U!JUU UH::: IJW Ut:~ ut:rtau. 

e. The Trustees oftJ.,P.lth and Pension Funds may assess penalti. any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

such default is served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are 

sent lo the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working days 

after said notice ofdefault, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterlyreporting period, 

shall be for a minimum of five hundred and twenty(520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October 1, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be$5.75 per hour. Effective October 1, 2015 the sum will be$6.00 per 

hour. Effective October 1, 2016, the sum will be $6.25 per hour. Effective October 1, 201 7, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7 .00 per hour. 

For all overtime hours effective October 1, 2014, the sum will be $11.50 per hour. Effective October 1, 2015 

the sum will be $12.00. Effective October 1, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be$13.00 per hour. Effective October 1, 2018 the sum will be $13.50. Effective October 1, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to <)Ct as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the stewl)rd shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Emploje:,. 

SECTION 13 

7 '· . 

00295 
.. 

I 

Teamsters 32-43 49th Street. Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan AnthonyStorz Lu Herrera Raymond Asqulno Gladys Nieves Marty Meyers Scott Brady President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM ~c•J~>q},7

To: Health Welfare and Profit Sharing Fund 

·From: Lu Herrerra- Vice President. 

Subject Standard Tinsmith 

Date: June 27, 2017 

The above Employer has signed a Collective Bargaining Agreement effective for the 

period December 2, 2016 to December I, 2019. 

I-HEALTH FUND CONTRIBUTION 

During the term of rhis Agrt'emcnr, rhe Employer shall conrril.Httt! to Luca I 807 Labor-Management Health Fund ("Health 

Fund") on behalf of it:::i cowred employees. The benefits of that program shall be rhuse pn:scribed by the Trusree::i of the tlealrh 

Fund. 

The Employer is 1-'.:urrently contributing rhc ,unollllt ut $8.19 per hour inru the Health Fund for all covered employees. 

The Employer shnll make the following conrriburions to the Health Fund during the term of this Agreement. 

12/2/16 12/2/17 12/2/18 

Health Fund 

Contribution Rate $8.44 $8.69 $8.94 

2-PENSION FUND CONTRIBUTION 

During the term of this Agreement, the Employer shall conrribure to Local 807 Labor~Management Pension Fund 

(" Pension Fund") on behalt' of its covered employees. The benefits of that program shall be those prescribed by the Trustees of the 

Pension Fund. 

The Employer is curr~ntly contributing the amount of$7.19 per hm;r into the Pension Fund for all covered employees. As 

of December 2, 20 l I, the Employer adopts the terms and conditions of the Pension Fund1s Rehabilitation Plan along with all future 

amendments. The Employer agrees to pay the annual contribution in,creases required by the Rehabilitation Plan as amended as if 

said contribution schedule was set forth in this Agreement. Commencing December 2, 2016, the Employer shall conrribute the 

a1notLnt ~f $7 .64 per hour with 45 cent increases ev'ery December 2 unless changed by the Truste~s of the Pension Fund. 

3-CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contributions as set forth in Paragraph 31 and 32, shall be made for all hours 

worked with a maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday week. 

(b) No r.:ontributiun shall be due for any of rhe following: 

(1) Unused sick days for which the employee rer.:eives pay pursuant to Section 12 above (sick leave); 

(2} Vacation pay received by an employee who has worked through his vacation and received 40 hours 

regular pay in rhe dame week; 

(3) Jury dury pay. 

00296 
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, WITHIN 

SEVEN (7) DAYS OF THE OCCURRENCE OF THE ACTION THAT IS BEING 

ARBITRATED. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for ·each day served on jury duty with a 

maximum often (10) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (1) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof of service on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty (50) 

miles from its previous location and an employee is not given the opportunity to follow the job, 

the Employer shall pay one (1) day's wages for each full year ofservice. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours of 

work, overtime differentials and general working conditions which are better, higher or more 

favorable to the employer's employees than those provided for by ofunder the Agreement shall 

be maintained and the Employer agrees that its employees shall continue to enjoy these better, 

higher and more favorable practices, standards and/or benefits. 

SECTION 31 HEALTH FUND CONTRIBUTION 

During the term ofthis Agreement, the Employer shall contribute to Local 807 LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The benefits of 

that program shall be those prescribed by the Trustees ofthe Health Fund. 

The Employer is currently contributing the amount of$8.19 per hour into the Health 

Fund for all covered employees. 

14 

00297 
The Employer shall make the following contributions to the Health Fund during the term 

ofthis Agreement. 

12/2/16 12/2/17 12/2/18 

Health Fund 

Contribution Rate $8.44 $8.69 $8.94 

SECTION 32 PENSION FUND CONTRIBUTION RATES 

During the term ofthis Agreement, the Employer shall contribute to Local· 807 LaborManagement Pension Fund ("Pension Fund") on behalf ofits covered employees. The benefits 

ofthat program shall be those prescribed by the Trustees ofthe Pension Fund. 

The Employer is currently contributing the amount of$7 .19 per hour into the Pension 

Fund for all covered employees. As ofDecember 2, 2011, the Employer adopts the terms and 

conditions ofthe Pension Fund's Rehabilitation Plan along with all future amendments. The 

Employer agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as if said contribution schedule was set forth in this Agreement. Unless changed by the 

Trustees ofthe Pension Fund. 

12/2/16 12/2/17 12/2/18 

Pension Fund 

Contribution Rate $7.64 $8.09 $8.54 

Unless changed by the Trustees ofthe Pension Fund. 

SECTION 33 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 31 and 

32, shall be made for all hours worked with a maximum of eight (8) hours per day and forty 

(40) hours in the Monday through Sunday week. 

(b) No contribution shall be due for any ofthe following: 

(1) Unused sick days for which the employee receives pay pursuant to 

Section 12 above (sick leave); 

(2) Vacation pay received by an employee who has worked through his 

vacation and received 40 hours regular pay in the same week; 

15 

00298 
(3) Jury duty pay. 

SECTION 34 HEALTH AND PENSION-MISCELLANEOUS RULES , 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which shall 

include, among other things, the requirements for eligibility, distribution ofHealth and/or 

Pension Fund assets and the rights to beneficiaries there under. The Trustees of said Funds 

shall also set forth the rules an4 i:egulations governing the administration ofthe Health and 

Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for any and 

all delinquent payments in amounts which they, in their discretion, deem justified to offset the 

added cost of collection. 

(c) In the event any Employer defaults in the payment ofHealth or Pension Fund 

contributions or penalties and notice ofsuch default is forwarded to said Employer via ordinary 

mail by the Administrator ofthe Funds and, if said default is not paid within ten (10) workjng 

days after said notice of default was mailed, then the provisions for arbitration under this 

agreement shall be deemed cancelled, withdrawn and waived by said Employer and the Union 

shall thereupon order and enforce a strike against said Employer in default which shall not be 

considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, under 

oath, setting forth the names and social security number of all employees, both Union and nonUnion, who have worked during the preceding month in any classification covered by the terms 

of this agreement and such statement shall set forth the contributions made on behalf ofsuch 

employees. The Health and Pension Funds Administrator, on his own motion, shall have the 

right to inspect the books and/or records relative to such statement and to interview all covered 

employees of the Employers. The administrator shall forthwith report, in writing, the results of 

any inspection or interview to the Employers and the Trustees. 

SECTION 35 NON DISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, sexual 

orientation or affectional preference in all employment decisions, including, but not limited to 

hiring, compensation, training, promotion, demotion, transfer, layoff and termination, and all 

other terms and conditions of employment. 

16 

00299 
sis 49th Street, Long Island City, NY 1110~ Teamstls 

Gladys Nieves Marty Meyers 

Trustee Trustee 

we,'<J. ~3/1,; 

To: Health and Pension Funds ~ 

From: Tony Storz 

Subject: Select Contracting - Contribution letter 

Date: February 19, 2015 

The above employer has signed an agreement effective from .October 1,2014 

to September 30,2020. 

Profit Sharing Fu~d 

The Employer has agreed that contributions on the Employe_es\..behalf,an;'to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dqHars anif: t\yimty-three cents ($8:23) for all 

straight hours effective October I, 2b!4 thru September 30, 2020<, 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October l, 2014 thru September 30,2020 for all dciuble,time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days andallother,pai_ddays, · 

_:_ ;. ,:;>'": !:)i_~~:.(<;._. -'. - Employers will provide individual written noticet9'an·e~p)9y~esqf.Teamster Local No. 807 

within thirty (30) days ofthe month endofallllll\1l!ityp~yinen(fl1,i~~~:;!)Y:ilie~(!IP)oyerinthe · member's name. _. '._ - _. ·-:·~·-t-:-•,>':'.-'. ~r:.:t(.'XL\_·,:·.- ._.___ :-,·,_: ·. · 

lIE/\LTH ~~ENSI()~ ._-- _- -• 

A} HEALTH <-·' _ _ _ _., •. , The Employer shall participate in the Id¢~ 807 tabor0Managementff~~I!Jiif~n4/ . 

Contributions by the Employer shall, effective_ October 1, 2014 be. paid'i!$fq)!pwf:: , '"''-.,-,· -~i.... . . .~·.--. '"'•:~- .- ~- --·- .-•,,.:•,· ,, 

1. Where, during any quarterly reporting periocl,,an Emplci)'.eeJ~ paid by ari Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays; Sundays, an\J·, holidays (whether \Vorked or not), the 

Employer shall contribute at the prevailing rate, to tl!fh~~llh FJl.!)dP#~hihiilfofthat Employee for each paid straight 

time and overtime hour up to a maximum offive htinclre/1 twenty,(57QJhours. · . .. .., -• ,,_ 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. · · · 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October 1, 2015 the 

rate shall be $8. J9 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be sh.all 

be $8.69 per hour. October l, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

{B) PENS I OJ\[ . . . WYflN.. Teamster;iLocal807.com.org.net . . The Employer shall part1c1pate m the Local ~u-1 Labor-Management Pension Fund. Contr1but1ons by the Employer 00300 
shall, effective October 1, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more clays, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight ( 8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October l, 2015 the rate shall be $9.465 per hour. Effective October l, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.815 per hour .. Effective October I, 2019 the rate shall be$ I I.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October l, 2014 will be $6.95 per 

hour. 

Effective October l, 2015 the rate shall be $7.40 per hour. Effective October l, 2016 the rate shall be $7.85 per 

hour. 

Effective October l, 2017 the rate shall be $8.30 per hour. Effective October l, 2018 the rate shall be $8.75 per 

hour. Effective October l, 2019 the rate shall be $9.20 per hour. 

If an employee pennanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the tenns and condition of 

the Pension Rehabilitation Plan. 

• 

003
Pv BENEFITS - MAINTENANCE OF 8@'WARDS 

If wages or any other tern, or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle ofseniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (l 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one {I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. If the union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

l. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days,' including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October l, 2014, shall be $7.94 per hour. October 1, 2015 

the rate shall be $8.19 per hour. October I, 20 I 6 the rate shall be $8.44 per hour. October I, 2017 the rate shall 

be shall be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health fund purposes. 

(B)PENSION 

The Employer shall participate in the Local 807 Labor-Management Perisiori F~nd. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

5 

00302 
c 

.. -----, --· ~-e, -·•,J --1 .....~w... ~J ~'-'f-'V~L.UJ.,S p\.,J.IVU, QJ.1 .uu.J.p1vyi.;;c; J..:) _(JalU uy Ult: r:.111p1uyer [Of 1ess than sixtyfive (65) days, including ret,:r days, sick days, Saturdays, Sundays, an.days (whether worked or not), the 

Employer shall contribute, · e prevailing rate, to the Pension Fund on f ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for.men on the (20) man seniority list, effective October 1, 2014, 

shall be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective oc'tober 1, 2016 

the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective 

October 1, 2018 the rate shall be $10.815 per hour. Effective October 1, 20 l 9 the rate shall be$ 11.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October l, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 20 l 9 the rate shall be $9 .20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into tl1e higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

@ TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

q . .. The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and healfu benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering tile foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

00303 

6 
.1· 

· ··-ut.. J ...u vu..1.1.ucu,r .lllall uy LUC J\UllllillIrator or Ule ,Funds, and copies are 

sent to the Union, Pension.or Health Trustees, and ifsaid default is :jlaid within five (5) working days 

after said notice ofdefault, 1 the provisions for arbitration shall be dee canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

\ such Employees. The Funds' Adm~istrator, on his own motion, or at the request ofthe Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. Effective October I, 2015 the sum will be $6.00 per 

hour. Effective October I, 2016, the sum will be $6.25 per hour. Effective October I, 2017, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October I, 2019, the sum 

will be $7.00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October I, 2015 

the sum will be$12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13 .00 per hour. Effective October 1, 2018 the sum will be $13.50. Effective October I, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such ~!Jail be to make certain that the provisions ofthis Agreement are adher~d to by the Employer and 

tile Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

B. All Employees sent beyond a radius ofsixty-five (65) miles from garage, not including Long Island, 

7 

00304 
32-43 4"tre,et, Long Island City, N"•,' 11103 Teamsterlt Phone 18) 726-2525 • Fax (71 B) 726-7037 

/"'M'Ad,~"lf,, LOCAL UNION 807 E-mail: local807@aol.com 

Angel Curbelo Gla1ys Nieves Marty Meyers 

Trustee -· Trustee Trustee 

r2,.:_ , 6/Jcj! (_ 

, Anthony Storz Lu Herrera Raymond Asquino 

s'ecretary-Tr-easure.r . Vice President Recor~ng Secretary 

c (/ 

MEMORANDUM ✓ To: Health and Pension Funds 

From: John Sullivan 

Subject: Riveredge Transport;;iion 

Date: May 10, 2016 

The above employer has signed an agreeirient effective from April 1, 2016 

To March 30,2020 

The employer has agreed to make the following c11ntrib"tfons to the Funds: 

Artide 29. Health Fund 

1. The Employer shall participate in the L0:i:a/8QTLabor Management Health Fund. To provide the benefits 

prescribed by the Trustees ofthe Funq, !J:i~,EQ]l?,[oye°rshaJfcoiitribl!!e t9 th13Fund for every hour worked 

for with the maximum of eight (8) hour~ P:e[i:layjforty (4d)'hpur_s per week maximum. . ' __ , ' . ·:'-• ._,;' ' :~ .: -, - . 

2. Health Contributions are to be deposited ill Jseparateaccgunfand hot to be used for other than 

Health Fund purposes. · · · · · · · · ·· · 

The Employees houriy rate of contribWtj9ns:t_9th~ J~~lth Fundshall b~ as;Jbfio'.Ws.: 

April I. 2016 April I, 2017 . Ap~j;JOI8 

$8.44 $8.69 $8.94 . . $9.19 . 

3 The Trustees of the Health and Pension Fundfs~au be tho.Se Pirsons how active as Trustees, or their duly 

designated successors. · · · ·· · ·· · · · · · 

4. Contributions shall be made to the Trustees of.the Funds. The Empl6yer shall forward his 

contributions to the Funds at periodic intervals set by the TrListees. 

.  www.TeamstersLocal807.net 

00305 
2 

, ..'--~ 

5, The Trustees of the Health and Pension Funds shall establish rules, which shall include, among other things, 

the requirements for eligibility, distribution of Health and Pension Funds and the rights of Employees thereunder, 

The Trustees of said Funds shall also set forth the rules and regulations governing the administration of the 

Health, Pension and Annuity Funds. 

6. The Trustees of the Health and Pension Funds may assess penaltie~ for _any and all delinquent payments in 

'the amount, which they i1their discretion, deem, justified offsetting the added cost of collection. 

Article 30. Pension Fund 

1. The Employer shall participate in the Local 807 Pension Fund in order to provide the benefits 

prescribed by the Trustees of the Fund, 

As of April 1, 2012, the Employer adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan along with all future amendments. The Employer agrees to pay the annual contribution 

increases required by the Rehabilitation Plan as amended as if said contribution schedule was set forth in this 

Agreement. 

The Employer shall contribute the following based on forty (40) hours per week maximum: 

April !, 2016 April I. 201 7 April I, 2018 April I. 2019 

$5.65 $6.10 $6,55 $7,00 

 

00306 
9. Vacation earned must be taken by the Employees and no Employee shall be entitled to vacation 

pay in lieu of vacation unless by mutual agreement of the Employee and the Employer. 

10. Any Employee may split his vacation subject to the Employees approval. 

Article 28. Holidays 

1. The following shall be recognized as paid holidays under this agreement: 

New Years Day Independence Day 

Martin Luther King Day Labor Day 

Washington's Birthday Armistice or Veteran's Day 

Good Friday Thanksgiving Day 

Memorial Day Christmas Day 

2. Any Employee covered by this Agreement who was not ordered for work on a holiday shall 

nevertheless be guaranteed the above holidays provided such Employee makes himself available 

for work on the scheduled work day before and the scheduled work day following the holiday and 

further provided that the Employee is available for work a minimum of three (3) days during the 

holiday week. 

These provisions shall also apply if a holiday is on a Saturday or a Sunday. 

Article 29. Health Fund 

1. The Employer shall participate in the Local 807 Labor Management Health Fund. To provide the 

benefits prescribed by the Trustees of the Fund, the Employer shall contribute to the Fund for 

every hour worked for with the maximum of eight (8) hours per day/forty (40) hours per week 

maximum. 

2. Health Contributions are to be deposited in a separate account and not to be used for other 

than Health Fund purposes. 

The Employees hourly rate of contributions to the Health Fund shall be as follows: 

April 1, 2016 April 1, 2017 April I, 2018 April 1, 2019 

$8.44 $8.69 $8.94 $9.19 

3. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

4. Contributions shall be made to the Trustees of the Funds .. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

5. The Trustees of the Health and Pension Funds shall establish rules, which shall include, among other 

things, the requirements for eligibility, distribution of Health and Pension Funds and the rights of 

Employees thereunder. The Trustees of said Funds shall also set forth the rules and regulations 

governing the administration of the Health, Pension and Annuity Funds. 

6. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments iJJ. the amount, which they, in their d_iscre_tion, deem, justified offsetting the added cost of 

collection. 

8 

00307 
t:":>,, " 

Article 30. Pension Fund 

1. The Employer shall participate in the Local 807 Pension Fund in order to provide the benefits 

prescribed by the Trustees of the Fund. 

As of April 1, 2012, the Employer adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan along with all future amendments. The Employer agrees to pay the annual 

contribution increases required by the Rehabilitation Plan as amended as if said contribution 

schedule was set forth in this Agreement. 

2. The Employer shall contribute the following based on. forty (40) hours per week maximum: 

April I, 2016 April 1,2017 Aprill,2018 April I, 2019 

$5.65 $6.10 $6.55 $7.00 

Article 31. Wages 

1. During the term of this Agreement hourly wages will be paid as follows: 

April 1, 2016 April 1, 2017 April 1, 2018 April 1, 2019 

$21.57 /Hr. $21.72 /Hr. $21.87/Hr. $22.02 /Hr. 

Article 32. Successors and Assigns 

1. When the Employer acquires or purchases control of another business, the Employees of such 

other business that are within the specific job classifications covered by this Agreement shall be 

placed at the bottom of the Employer's seniority list in the order of their seniority with their former 

Employer. 

2. This Agreement shall be binding upon the parties hereto, their successors, administrators, 

executors, and assigns. If an entire operation or any part thereof is sold, leased, transferred, or 

taken over by sale, transfer, lease, assignment receivership or bankruptcy proceedings, the 

operation shall continue to be subject to the terms and condition of this Agreement for the life 

thereof. 

3. The Employer shall not operate, maintain, or conduct any establishment or place of business for 

the purpose of evading the terms of this Agreement 

9 

00308 
,o"'1 

32-4.th Street, Long Island City, NY 11103 TeamstcU; } Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen. Exposition. Convention and Trade Show Employees -~'-' Greater New York Vicinity and Metropolitan Area 

,$• John "Buddy" Sullivan Anlhony Storz Lu Herrera Raymond Asquino Angel CIJtbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer \lice Presidem Recording Secretary Trustee Trustee Trustee 

NDUM 

To: 

From: 

Subject: 

Date: 

Health and Pension Funds 

Tony Storz 

Scope Art Show - Contribution letter 

March 23, 2016 

The above employer has signed an agreement effective from October 1,2014 

to September 30,2020, 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 20 I 4 thru September 3 0,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees ofTeamster Local No. 807 

within thirty (30) days of the month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October l, 2014 be paid as follows 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October l, 2014, shal I be $7. 94 per hour. October I, 2015 the' 

rate shall be $8.19 per hour, October 1, 2016 the rate shall be $8.44 per hour. October 1, 2017 the rate shall be shall 

be $8.69 per hour. October I, 20 I 8 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807"t'1i'l5'o1':'Mil.i\\rg~fife'h"l1

1!P/n!;lrih Fund. Contributions by the Employer 

00309 
shall, effective October I, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Satnrdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $IO.815 per hour. Effective October l, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October l, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00310 
work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

(A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), 

the Employer shall contribute at tlie prevailing rate, to the health Fund on behalf of that Employee for each 

paid straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October 1, 2014 the rate shall be $7.94 per hour. 

October 1, 20 l 5 the rate shall be $8. l 9 per hour. 

October 1, 2016 the rate shall be S8.44 per hour. 

October 1, 2017 the rate shall be $8.69 per hour. 

October 1, 2018 the rate shall be S8.94 per hour. 

October l, 2019 the rate shall be S9. l 9 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

l. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays-(whether worked or not), 

the Employer shall contribute. at the prevailing rate, to the Pension Fund on behalfofsaid Employee fo, each 

paid straight time and overtime hour, up to a maximum of fi\'e hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (6.5) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) 

hours per day for each pay day. 

6 

00311 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October I, 2014 the rate shall be $9.015 per hour. 

Effective October J, 2015 the rate shall be $9.465 per hour. 

Effective October I, 2016 the rate shall be S9.915 per hour. 

Effective October J, 2017 the rate shall be SJ 0.365 per hour. 

Effective October L 2018 the rate shall be SJ 0.815 per hour. 

Effective October 1, 20 I 9 the rate shall be SJ J .265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per hour. 

Effective October J, 20 J7 the rate shall be $8.30 per hour. 

Effective October I, 20 J8 the rate shall be S8. 75 per hour. 

Effective October 1, 20 J9 the rate shall be S9.20 per hour. 

If an employee pennanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition ofthe Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Tmstees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. · 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the deci,;ion of a 

majority ofthe Board of Trustees with respect to the whole or any part ofthe Health and Pension Funds shall 

·be bi?-ding·.upon.the parties hereto. - ' . -

7 

00312 

c 
e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the 

event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of such 

default is served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are sent to 

the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working days after 

said notice of default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by 

the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, which 

shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after each 

quarter submit to the Administrator of the Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf 

ofsuch Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the 

right to inspect the books and/or records relative to suc_h statement and to interview all Employees of the 

Employer. The Administrator shall fonhwith repon in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. 

Effective October I, 2015 the sum will be $6.00 per hour. 

Effective October l, 2016 the sum will be S6.25 per hour. 

Effective October l, 2017 the sum will be S6.50 per hour. 

Effective October I, 20 l 8 the sum will be $6.75 per hour. 

Effective October I, 2019 the sum will be $7.00 per hour. 

For all overtime hours 

Effective October L 2014 the sum will be S 11.50 per hour. 

Effective October 1, 2015 the sum will be $12.00 per hour 

Effective October 1, 2016 the sum will be SJ 2.50 per hour 

Effective October 1, 20 I 7 the sum will be SI 3.00 per hour. 

Effective October I, 20 I 8 the sum will be SI 3.50 per hour 

Effective October I, 20 I 9 the sum will be S 14.00 per hour 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. · 

-

8 

00313 
3'._19th Street, Long Island City, NY 111 03 TeamstA Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

' 

John "Buddy" Su/I/van Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

NDUM / w 

eee,'cj cJ ).'.)3/1~ 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Renaissance Management - Contribution letter 

Date: February 19, 2015 

The above employer has signed an. agreement .effectlva.frj;!Jf c;,~~ober 1,2014 

to September 30,2020 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees')l>ehalfil;re fo be m!jpe into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and. ~~ilty-three cents ($8:Z3) for all 

straight hours effective October I, 2014 thrilSeptember 30, 2020. · ' · · · 

And for all double time hours at the sum of sixteen dollars and•.forty-six cents ($16.46), 

effective October I, 2014 tljru September 30,'.2020 for all double tiJne.11.vertime. Th~,PT9fit SJi~ng 

shall be paid for all hours such as holiday's, sick days and aU other p,ii~ days: ·· ·. · 

Employers will provide individual writtt?nti~ticj:t(? all emplcif¢e'~,:gf,~steiLci~ No. 807 

within thirty (30) days ofthe month en4 of~}~pJt1-pay1nents Inl!:~!l}g~fil~f~Fh?Yi}f ip ~':' 

member's name. _..:. :-,-~,_:!!{)\'} > . .,- .· .-:::,t;r~~~rff/:.-·-\,.\/- ·-; .\·\,- \: .-. , -'~ 

HEAL'FH .-·.•.:-'• .,,. ' AND ..... PENSION;<

A)HEALTH '· .:§,:\: . . . . .,_,;)}f~:,•/;,1>)i,1d 

The Employer shall participatejn the @~1!807<L~b\Jr1.Mililagemen(H&jJiltfJ(ijl:l)i]\> 

Contributions by the Employer,~hall, ~~~tiv'~iC>9tqber I, 201.4 be paicfi&'l~il~jt::_· -·. ~:--·,'::-:.-··,~·-··-;-· ·-/- •'••'• . . , ...• -••• -. ·, ..·..._.,... ,:"'i•'Y;·--:_,:;'~ 

L Where, during any quarterly reporting period, an Einploye¢·is_.l!~i4 b~ aniiripfoyerJor Jess than sixty-five 

(65) days, including regular days, sick days, ~arnrd11ys, Sunqayi;'lfii_d(,h'oli9iiy§, (whether worked or not), the 

Employer shall contribute at the j,revailiilgrate,,tojh,~.h~a.ithFun\j);i/'.(bJiifi:1ftfthatEmploy~e for each paid straight 

time and overtime hour up to a maximum of five hqn~red twenty(~~O)lio!J\'s ..... · . • •• a•, "t••• • ••. •-:• ' • 

2. Where, during any quarterly reporting period, an EtnpioyJ.e is paid by an Employer·for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and hofi4llys· (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. · 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October 1, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health c_ontributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

· {B) PENS.ION · · · · · Vi.WY/ TeamsteJsLocal807 "om c;,rg net · · The Employer shall participate in the Local ~ff/ ·Labor-ManagementPens1on· Fund. Contributions by the Employer 00314 
shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

_Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October!, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.81 5 per hour. Effective October I, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October l, 20 I 5 the rate shall be $7 .40 per hour. Effective October 1, 2016 the rate shall be $7 .85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October l, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00315 
SECTIONS. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle ofseniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

· holidays, scheduling of.vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred ( I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at "the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid byan Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October I, 2015 

the rate shall be S8. I 9 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

5 

00316 
(B) PENSION j - The Employer shall partic1 · le in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the_ 

Employer shall contribute,' at the prevailing rate, to the Pension Fund on behalfofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfof said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective 

October 1, 201 &the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ J 1.265 per 

hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October 1, 20 I 5 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 20 I 9 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the tenns and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. Ifthe Tf\\ste.es do not agree 

on rules ·covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa . .. 6 

00317 

c 
uJ.J1umg upuu Ul~ μaru~:s m::n::tu. 

e. The Trustees ofthe.1th and Pension Funds may assess penaltk.anyand all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

such default is served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are 

sent to the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working days 

after said notice ofdefault, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quaiter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalfof 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employeeE, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October 1, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be$6.00 per 

hour. Effective October 1, 2016, the sum will be $6.25 per hour. Effective October 1, 2017, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7.00 per hour. 

For all overtime hours effective October 1, 20 I 4, the sum will be$1 1.50 per hour. Effective October 1, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October 1, 2018 the sum will be$ I 3.50. Effective October I, 20 I 9 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

7-

00318 
~··,, A...

Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49 TH Street 

Long Island City, NY 11103 

And 

Ribon Industries 

283 59th Street 

· Brooklyn, NY 11220 

June 18, 2013 thru June 18, 2018 

003 
32-f!l9th Street, Long Island City, NY 11103 _" Teamste.9 

Phone (718) 726-2525 • Fax /718) 726-7037 

=-,,.=--LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angelo Curbelo Gladys Nieves Marty Myers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

EMORANDUM 

To: Health and Pension Funds 

From: Tony Storz-Vice President 

Subject: Ribon Industries 

Da"te: June 27, 2013 

The above employer has signed a Collective Bargaining Agreement that is effective for the period 

of June ls8, 2013 through June 18, 2018. 

The contributions will j:,e as foHows: 

The Employer shall participate in the Local 807 Labor-Management Health & Welfare & Pension 

("Funds"). To proyide the benefits prescribed by the Trustees ofthe Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August 1, 2013 ,Re.a.Hh Fund sliaffbe .. $ 7.69 

EffectiveAugust 1, 2014 Jifi!Jth Fund sha!i)J.\:$7.94 

Effec.tive August 1, 2of$.]:\~~a}3⁄4h Funpjh~IH:i($8J9 

Effective Aμgust 1, 201g.-/ll}i'~Jth Fuhd sl\~11 be$ &A4 •, • •, , '• -._• < >t,a• • , , ',, ,•,' ,,. -• ,•,,. ,!."_' 

Effective August 1, 2017 ·H~!ilth Fund.shall be.$ ~/69 

B. Pension Fund Increases: As per the'.P-~nsion Rehatiliit:itiriti.PJliri. ... . .. . -,_ ·-:.::: _,.,.;,_ ,·; ~ '~ .. 

Effective August 1, 2013 J)~hsfon Fuμdshall 6~ $ '&;~65 

Effective August· 1, '.20,1$ Pfti~ion fti#c! .~hiJt~i:Jf 015 

Effective August 1; 2915 'Pfn~ion Fl.ind sh~il 1;,t'i:$ 9.465 

Effective August l, '.2016 P~tjsion Fifric!sB~Jj~f$ ·9:915 

Effective August 1, 2017 Pe'iision Ftm:cf sh~1I'Be $ l0.365 

The Employer ad9pts t}:le te1111s and conditions of the Pension Fund's Rehabilitation Plan al9ng with 

future amendments. The Company agrees to pay the annual contribution increases required by the 

Rehabilitation Plan as amended as if said contribution schedule was set forth in this Agreement. 

www.TeamstersLoca/807.com.org.net 

0032 
SECTION 8 - STRIKES. LOCK-OUTS 

. During the life of this Agreement, no strikes shall be caused by the. Union, or any affiliated 

Union, or by the members of any Union thereof; and no lock-outs shall be in-order by the 

Employer, until every peaceful method of settlement of difference shall have been tried, 

and until the conditions of settlement provided for in Section 9 of this agreement shall 

have been tried and shall have been executed. 

SECTION 9 -ARBITRATION 

Should any dispute arise between the Employer and the Union, or between the Employer 

and any Union employee, the matter shall be taken up-by representatives of the Employer 

and the Union. If such dispute cannot be adjusted by these persons, the dispute shall be 

submitted to arbitration by any person acceptable to both parties hereto, or to a member 

of the New York City Trucking Authority designated by the said board for that purpose. 

SECTION 10- SENIORITY NEW EMPLOYEES 

Seniority shall prevail. New employees, Union and Non-Union shall have a trial period of 

thirty (30) calendar days, and, if retained by the Employer after that period, such 

employees shall be required to become members of the Union. 

SECTION 11 - CHECK-OFF 

The Employer will deduct the prescribed monthly Union dues from the wages of the 

employees who individually and voluntarily authorize such deductions. Any such 

authorization shall be made in writing and in accordance with and in compliance with the 

National Labor Relations Act, as amended. Such deductions shall be paid by the 

Employer to the Union by check. 

SECTION 12 - HEAL TH AND PENSION PLAN 

. 1. The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Fund ("Funds"): To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shall periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August 1, 2013 Health Fund shall be $ 7 .69 

Effective August 1, 2014 Health Fund shall be$ 7.94 

Effective August 1, 2015 Health Fund shall be $ 8.19 

Effective August 1, 2016 Health Fund shall be$ 8.44 

Effective August 1, 2017 Health Fund shall be$ 8.69 

4 

00321 
B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August 1, 2013 Pension Fund shall be $ 8.565 

Effective August 1, 2014 Pension Fund shall be$ 9.015 

Effective August 1, 2015 Pension Fund shall be$ 9.465 

Effective August 1, 2016 Pension Fund shall be$ 9.915 

Effective August 1, 2017 Pension Fund shall be $10.365 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan 

along with future amendments. The Company agrees to pay the annual contribution 

increases required by the Rehabilitation Plan as amended as if said contribution schedule 

was set forth in this Agreement. 

In addition, should there by any chance in the rates of contributions required to be made 

to such Health and Pension Funds under the General Trucking Agreement, then such 

changes shall apply to the instant agreement and the Employer will make the then 

prevailing contributions to the respective said Funds as called for in the General 

Trucking Agreement for the remainder of this agreement. 

SECTION 13- BEREAVEMENT 

Employees shall receive pay for three (3) days absence due to the bereavement in the 

immediate family. Immediate family shall include mother, father, sister, brother, wife, 

child, father-in-law and mother-in-law. 

SECTION 14-SUBCONTRACTING 

For the purpose of preserving work and job opportunities for the Employees 

covered by this Agreement, the Employer agrees that no work or services of the kind, 

nature or type covered by, presently performed, or hereafter assigned to the Employee 

will be subcontracted, transferred, eased, assigned or conveyed in whole or in part to 

any other plant, person or non-unit employees, provided, however, that the Employer 

may subcontract work when all his Employees are working, provided, however, that the 

Employer may subcontract to an employer whose employees receive economic terms 

and condition of employment as favorable to employees as those provided by this 

Agreement, solely in the event that all of the employees on the seniority list of the 

Employer are fully employed and there has been no significant reduction in the number 

of employees on said seniority list in the 3-month period prior to the proposed 

subcontract. Prior to any subcontracting pursuant to this subsection, the Employer must 

give the Local Union ten (10) days advance notice in writing of the intentto subcontract 

and the full and specific details of the subcontract, including: the work involved; the 

duration of the subcontract; the identity of the subcontractor; the economic terms and 

conditions of employment of the subcontractor's employees. If the Local Union notifies 

the Employer that it considers the proposed subcontract to be in violation of this 

agreement, the matter may be submitted to the Local grievance machinery provided in 

this Agreement for an expedited hearing, and the subcontract shall not be implemented 

5 

• 

00322 
Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49TM Street 

Long Island City, NY 11103 

. . 

And 

Ribon Industries Inc. 

283 59th Street 

Brooklyn, New York 11220 

June 18th, 2018 thru June 18t~,2023 

00323 
SECTION 9 - ARBITRATION 

Should any dispute arise between the Employer and the Union, or betweeri the Employer 

and any Union employee, the matter shall be taken up by representatives. of the Employer 

and tli'e Union. If such dispute cannot be adjusted by these persons, the dispute shall be 

submitted to arbitration by any person acceptable to both parties hereto, or to a member of 

the New York City Trucking Authority designated by the said board for that purpose. 

SECTION 10 - SENIORITY NEW EMPLOYEES 

Seniority shall prevail. New employees, Union and Non-Union shall have a trial period of 

thirty (30) calendar days, and, if retained by the Employer after that period, such 

employees shall be required to become members of the Union. 

SECTION 11 - CHECK-OFF 

The Employer will deduct the prescribed monthly Union dues from the wages of the 

employees who individually and voluntarily authorize such deductions. Any such 

authorization shall be made in writing and in accordance with and in compliance with the 

National Labor Relations Act, as amended. Such deductions shall be paid by the 

Employer to the Union by check. 

SECTION 12 - HEAL TH AND PENSION PLAN 

1. The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Fund ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shall periodically contribute to the Funds at the rates set forth herein. 

A Health Fund Increases: 

Effective August 1, 2018 Health Fund shall be$ 8.94 

Effective August 1, 2019 Health Fund shall be $ 9.19 

Effective August 1, 2020 Health Fund shall be$ 9.44 

Effective August 1, 2021 Health Fund shall be$ 9.69 

Effective August 1, 2022 Health Fund shall be$ 9.94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August 1, 2013 Pension Fund shall be $10.755 

Effective August 1, 2014 Pension Fund shall be$ 11.145 

Effective August 1, 2015 Pension Fund shall be $ 11.535 

Effective August 1, 2016 Pension Fund shall be$ 11.925 

Effective August 1, 2017 Pension Fund shall be$ 12.315 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan 

along with future amendments. The Company agrees to pay the annual contribution 

increases required by the Rehabilitation Plan as amended as if said contribution schedule 

was set forth in this Agreement. 

4 

00324 
In addition, should there by any chance in the rates of contributions required to be made 

to such Health and Pension Funds under the General Trucking Agreement, then such 

changes shall apply to the instant agreement and the Employer will make the then 

prevailing contributions to the respective said Funds as called for in the General 

Trucking Agreement for the remainder of this agreement. 

SECTION 13- BEREAVEMENT 

Employees shall receive pay for three (3) days absence due to the bereavement in the 

immediate family. Immediate family shall include mother, father, sister, brother, wife, 

child, father-in-law and mother-in-law. 

SECTION 14-SUBCONTRACTING 

For the purpose of preserving work and job opportunities for the Employees covered 

by this Agreement, the Employer agrees that no work or services of the kind, nature or 

type covered by, presently performed, or hereafter assigned to the Employee will be 

subcontracted, transferred, eased, assigned or conveyed in whole or in part to any other 

plant, person or non-unit employees, provided, however, that the Employer may 

subcontract work when all his Employees are working, provided, however, that the 

Employer may subcontract to an employer whose employees receive economic terms 

and condition of employment as favorable to employees as those provided by this 

Agreement, solely in the event that all of the employees on the seniority list of the 

Employer are fully employed and there has been no significant reduction in the number 

of employees on said seniority list in the 3-month period prior to the proposed 

subcontract. Prior to any subcontracting pursuant to this subsection, the Employer must 

give the Local Union ten (10) days advance notice in writing of the intent to subcontract 

and the full and specific details of the subcontract, including: the work involved; the 

duration of the subcontract; the identity of the subcontractor; the economic terms and 

conditions of employment of the subcontractor's employees. If the Local Union notifies 

the Employer that it considers the proposed subcontract to be in violation of this 

agreement, the matter may be submitted to the Local grievance machinery provided in 

this Agreement for an expedited hearing, and the subcontract shall not be implemented 

unless and until it is determined not to be in violation of the agreement. There may be 

times when the seniority list is not completely employed. In this event, the Employer 

may subcontract freight of a minimum nature to an outlying area that is not being 

regularly served, pier delivery or garment center. The principle of each carrier's past 

practice shall be considered in applying this Article. 

5 

00325 
411.43 49th Street, Long Island City, NY 1 · 

hone (718) 726-2525 • Fax (718) 726-: 

E-mail: loca/807@aol. 

Teamsftrs 

LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and ll'ade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqutno Angel Curbelo Gladys Nieves Marty M• 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Truste 

MEMORANDUM 

To: Health and Pension Funds 

From: John Sullivan 

Subject: Probulld Company _ 

Date: December 11, 2015 

The above employ,r has slgi,ed an agreement e!'fectlve from December 1, 2015 

to November 30, 2021, 

SECTION 3 1 )?ENSION AND HEALTH HJND CONTRII;3UTION RA TES 

HEAL TH FUND: .. 12/1/15 12-1-16 12/1/17 ii1111 s 1211119 1211120 

8.19 8.44 8.69 8.94 9.19 9.44 

www.TeamstersLocal807.com.org.net 

003
___ ..~,, JL 

-,VJ l lUJ:S u I I UN LIMITATIONS 

(a) All of the Healtn. rension Fund contributions as set fo.n Paragraph 

32, including additional contributions shall be made for all hours worked with a maximum of eight (8) hours 

per day and forty (40) hours in the Monday through Sunday week. 

(b) No contributions shall be due for any of the following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section 1 2 above; 

2. Vacation pay received by an employee who has worked through his vacation and received 40 

hours regular pay in the same week. Nothing contained in this subsection sh a I I alter the provisions o f Section I I 

(b) (viii); 

3. Jury duty pay. 

SECTION 3 3 HEL TH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which shall include, among 

other things, the requirements for eligibility, distribution of Health and/or Pension Fund assets and the rights to 

beneficiaries thereunder. The Trustees of said Funds shall also set forth the rules and regulations governing · the 

administration of the Health and Pension Funds. 

(b) The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts which they, in their discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension Fund contributions or 

penalties and notice of such default is forwarded to said Employer via ordinary mail by the Administrator of the 

Funds and, if said default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for arbitration under this 

agreement shall be deemed cancelled, withdrawn and waived by said Employer and the Union shall thereupon 

order and enforce a strike against said Employer in default which shall not be considered a breach of the 

agreement. 

(d) Each Employer shall within twenty (20) days following the last day of the preceding month submit 

to the Administrator of the Health and Pension Fund a statemen~ under oath, setting forth the names and social 

security number of all employees,..both Ul)ion and non-Union, who have worked during the preceding mont]j in 

any classification covered by the terms of this agreement and such statement shall set forth the 

Contributions made on behalfof such employees. The Health and Pension Funds Administrator, on his own 

motion, shall have the right to inspect the books and/or records relative to such statement and to interview all 

covered employees of the Employers. The administrator shall forthwith report, in writing, the results of any 

inspection or interview 

to the Employer and the Trustees. 

• 

0032
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (I 0) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (1) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof ofservice on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (1) day's wages for each full year ofservice. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

ofwork, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the term of this Agreement, the Employer shall contribute to the Local 807. 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 .LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The 

benefits of those plans shall be those prescribed by the Trustees of the respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedule: 

15 

00328 
PENSION FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 12/1/20 

4.84 5.29 5.74 6.19 6.64 7.09 

The Company adopts the terms and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

1st of each Contract Year. 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 I 2/1/19 12/1/20 

8.19 8.44 8.69 8.94 9.19 9.44 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

1. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the san1e week. Nothing contained in 

this subsection shall alter the provisions ofSection 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to ,offset the added cost of collection. 

(c) · In the event any Employer defaults in the payment ofHealth or Pension 

Fund contributions or penalties and notice of such default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within . -

16 

00329 
ten (I 0) working days 

•

after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. · 

SECTION 34 NON DISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation ofeither 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December 1, :!005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

Employees hired prior to December 4, 1995 shall not be required to obtain said 

license unless an agreement had been reached prior to December 4, 1995 for having to 

obtain said license. Where possible the Employer will provide training. 

17 

00330 
Collective Bargaining Agreement 

Between 

P.C.I. Inc./Graybar Electric 

And 

Teamsters Local 807 

April 1, 2018 thru March 31, 2024 

00331 
operation. The provisions ofthis Article, however, are not to be used by the Employer for the 

purpose of discriminating against the Union or any of its members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer 

agrees that there will be no lock -outs. 

ARTICLE 18. BEREAVEMENT LEAVE 

In the case of death in the immediate family of an employee who has been on the seniority list 

for at least six (6) months (i.e., spouse, parents, sister, brother, children, grandchildren, motherin-law or father-in-law), the Employer shall grant the employee up to four (4) days off, with pay, 

for express purposes of attending services for the deceased. Two (2) days shall be guaranteed 

regardless of day of death or day of funeral, provided the employee loses two (2) days of world 

opportunity. Death certificates or other satisfactory proof of death must be submitted to the 

Employer. 

Article 19. HEALTH PENSION 

1 .The Employer shall participate in the Local 807 Labor-Management Health, Pension Fund 

("Funds"). To provide the benefits prescribed by the Trustees ofthe Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

2. The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan 

along with future amendments. 

The Company agrees to pay the annual contribution increases required by the Rehabilitation 

Plan as amended as if said contribution schedule was set forth in this agreement. 

3. PCI and Graybar Electric will not be liable for any pension surcharge during the length of this 

contract. 

The Company shall agree to the pension rehab plan as follows: 

2018 2019 2020 2021 2022 2023 

$10.81.5 11.26,5 $11.71.5 $12.16.5 $12.61.5 $13.06.5 

Health Fund increases: 

2018 2019 ·2020 2021 2022 2023 

$8.94 $9.19 $9.44 $9.69 $9.94 $10.19 

10 

00332 
The contributions made pursuant to the combined contribution rates shall be distributed 

between the Health & Welfare and the Pension Plans in accordance with the direction ofthe 

Trustees of the Health & Welfare and the Pension plans. 

2. Contributions to the Health & Welfare, and Pension Funds, shall be made on all hours paid, 

with a maximum of eight- (8) hours per day. The contributions made pursuant to the combined 

contribution rates shall be distributed between the Health and Pension Funds in accordance 

with the direction of the Trustees of such Funds. All contributions shall not exceed 40 hours per 

week 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and 

regulations established by the Trustees of such Funds. In the event of disputes or questions of 

interpretation concerning the requirements to make contributions or portions thereof, the 

Employer shall not be deemed delinquent while the matter is being considered pursuant to the 

grievance and arbitration procedure. If a delinquency in the payment is found to exist, the 

Employer shall pay the amount due, including interest, retroactive to the date of the 

delinquency. Notwithstanding the foregoing, the Union and Employer agree that the Employer 

shall not directly be obligated to make pension contributions to the funds and that such 

pension contribution obligations to the Funds shall be exclusive to Graybar Electric and Graybar 

Electric is the Contributing Employer under ERISA. The Employer agrees to remit to the funds, 

on behalf of Union employees, those amounts required by Graybar Electric to contribute to the 

pension portion of the Funds but shall not be liable for any pension withdrawal liability. Any 

pension withdrawal liability shall be the sole and exclusive obligation of Graybar Electric. 

4. The Employer hereby agrees to permit an authorized representative of the Funds to inspect 

its payroll records for the purpose of checking the accuracy ofthe contributions required to be 

made by the Employer to the Funds. If the Employer fails to make the contributions provided 

for herein within the time required by the Funds' trusts agreement and the rules and 

regulations of each of the Funds, then the Trustees may cancel out the benefits coverage for 

such bargaining unit employee on whose account the Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and 

comply with said instructions of the Trustees in filling out such forms. 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly 

designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals 

set by the Trustees, but in no event more frequently than monthly. 

8. The Trustees shall establish rules, which shall include, among other things, the requirements 

for eligibility and distribution of the assets. The Trustees shall also set forth the rules and 

procedures governing the administration of the Funds. If the Trustees fail to agree on said 

11 

00333 
rules and/or procedures, a neutral Trustee shall be added to the Board ofTrustees and the 

decision of a majority of the Board of Trustees with respect to the whole or any part of the 

Health and Pension Funds shall be binding upon the parties hereto. 

9. The Trustees of the Funds may assess liquidated damages for any and all delinquent 

payments in amounts which they, in their discretion, deem justified to offset the added cost of 

collection. 

ARTICLE 20. VACATIONS 

I. All Employees covered by this Agreement shall be allowed vacation, which is to be 

determined in accordance with the following schedule: 

One year - 2 weeks 

Three years - 3 weeks 

Fifteen years - 4 weeks 

Twenty years - 5 weeks 

Thirty years- 6 weeks 

Employees who do not work a full week (Shape) shall follow the following schedule. Employees 

employed less than three years shall not exceed 2 weeks. 

30 days I day 165 days 9 days 

60 days 2 days 175 days 10 days 

90 days 3 days 187 days II days 

120 days 4 days 199 days 12 days 

125 days 5 days 211 days 13 days 

135 days 6 days 223 days 14 days 

145 days 7 days 235 days 15 days 

155 days 8 days 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on 

straight time rates. Mandatory and other authorized deductions such as federal withholding 

tax, social security, etc., will be made from all vacation allowances. The vacation year shall be 

from April I through March 31 of each contract year. All employees hired after September 30 of 

the contract year will receive lday vacation for each 30 day's worked 

for the following contract year not to exceed five days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the 

Employer for at least s·ix (6) 'months during the prior contract year. In determining vacations, all 

hours paid for, including th·ose' allowed for vacation, shall be included. In addition, work hours 

12 

00334 
{i,J • 32-4349th n Street, Long Island City, NY 11103 

Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: 1ocal807@aol.com 

Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

Recording Secretary Trustee Trustee Trustee 

Teamsters 

LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Anthony Storz Lu Herrara 

Secretary-Treasurer Vice President 

NDUM 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Premium- Exhibits 

Date: September _9, 2016 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October 1, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to. all employees of Teamster Local No. 807 

within thirty (30) days of the month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an EmplGyer for sixty-five (65) or . 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ~r ·not), the . 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. · · 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 20(7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the r.ate"shall be · . 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. · 

(B) PENSION 

The Employer shall participate in the Local soi Labor-Manag~ment Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

www.Teamstersloca/807.net 0033
l. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October l, 2016 the rate 

shall be $9.915 per hour. Effective October l, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ I l.265 per hoμr. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour.· 

Effective October l, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October l, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

003
SECTION 10. 

HEALTH AND PENSION 

{Al HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of thai Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October I, 2014 the rate shall be $7.94 per hour. 

October l, 2015 the rate shall be $8.19 per hour. 

October I, 2016 the rate shall be $8.44 per hour. 

October I, 2017 the rate shall be $8.69 per hour. 

October 1, 2018 the rate shall be $8.94 per hour. 

October I, 2019 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

(Bl PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfof said Employee for each paid 

straighi time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five ( 65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfof said Employee for eight (8) 

hours per day for each pay day. 

r 00337 
>

" ,._.-

The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October 1, 2014 the rate shall be $9.015 per hour. 

Effective October I, 2015 the rate shall be $9.465 per hour. 

Effective October 1, 2016 the rate shall be $9.915 per hour. 

Effective October 1,2017 the rate shall be $10.365 per hour. 

Effective October 1, 2018 the rate shall be $10.815 per hour. 

Effective October 1, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. 

Effective October I, 2018 the rate shall be $8. 7 5 per hour. 

Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee pennanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms. and 

condition of the Pension Rehabilitation Plan. 

@ TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees ofthe Funds. The Employer shall f9n~ard his contributions 

•lo the Funds at periodic intervals set by the Trustees. 

c The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority ofthe Board ofTrustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding ·upon the parties hereto. 

00338 
e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment of pension and/or health contributions, or penalties and notice ofsuch default is 

served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach ofthis Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator ofthe Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the-request ofthe Union shall have the right to 

inspect the books and/or records relative to such statement and to interview ail Employees of the Employer. The 

Administrator shall forthwith report in writing the results of any inspection or interview. 

f Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. 

Effective October 1, 2015 the sum will he $6.00 per hour. 

Effective October 1, 2016 the sum will be $6.25 per hour. 

Effective October 1, 20 I 7 the sum will be $6.50 per hour. 

Effective October 1, 2018 the sum will be $6. 75 per hour. 

Effective October I, 2019 the sum will be $7.00 per hour. 

For all overtime hours 

Effective October I, 2014 the sum will be$ 11.50 per hour. 

Effective October 1, 2015 the sum will be $12.00 per hour 

Effective October 1, 2016 the sum will be $12.50 per hour 

Effective October 1, 201 7 the sum will be$ J3.00 per hour. 

Effective October 1, 2018 the sum will be$ 13.50 per hour 

Effective October I. 2019 the sum will be S14.00 per hour 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the· first payroll period in December in each contract year. 

0033
•• sis 49th Street, Long Island City, NY 1110 Teamsters Phone (718) 726-2525 • Fax (718) 726-703 

LOCAL UNION 807 E-mail: local807@aol.cor 

T~uck Drivers, Warehousemen1 Exposition, Convention and Trade Show Employees 

Greater New York Vicinity arid Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino· • Angel Curbelo; Gladys Nieves Marty Meyer, 

President Secretary-Treasurer Vice President Recording Secretary.~-. • ·Trustee Trustee Trustee 

... /i'.'<7, 'cj '_?)),~)is-' 

( O:r 

MEMORANDUM 

To: Health and Pension Funds 

From: John Sullivan 

Subject: PB Ventilating 

Date: December 22, 2015 

The above employer has signed an iig'reliment effectlve·fr~hl December 1, 2015 : • . I•''• • 

to November 30,2020. 

PENSION FUND: 

(b) No contributions shall be due for any of the following: 

 

www.TeamstersLocal807 ,com .org .net 00340 
.(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

\VITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

" SECTION28 JURYDUTYPAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (IO) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof ofservice on ajury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (1) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the· 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits . 

. SECTION 31 PENSZON AND HEALTH FUND CONTRIBUTION RATES 

During the term of this Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf of its covered employees. The 

benefits ofthose plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: · 

15 

00341 
• 

PENSION FUND: 

The Company adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

1st of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

1. Unused sick days for which the employee receives pay pursuant to 

Section I 2 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section 1 I (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

16 

00342 
&;)t,

• 

(c) In the event any Employer defaults in the payment ofHealth or Pension 

Fund contributions or penalties and notice of such default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Unfon shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator of the Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees ofthe Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NON DISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation of the Employer. The Employer agrees that it will 

not during the term of the Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December I, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

00343 
32-43 49th Street, Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area -· 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

fZ_e "-, d_ 3 ) ;.-1 It r 

c_o.p 

MEMORANDUM 

DATE: MARCH21,2011 

TO: HEALTH AND PENSION FUNDS 

PROFIT SHARING FUND 

FROM: TONY STORZ-BUSINESS AGENT 

SUBJECT: RIGGING & MACHINERY MOVERS &TRADE SHOW DIV. CONTRACT 

THE FOLLOWING COMPANY HAS.CURRENTLY SIGNED UNDER THE RIGGING AND MACHINERY MOVERS 

AND TRADE SHOW DIVISION CONTRACT, EFFECTIVE 10-01-08 THRU 9-30-14: 

On Location Inc. 

520 Fellowship Road-Suite 8204 

Mt. Laurel, N.J. 08054 

Phone: 856-231-4150 

CONTRIBUTIONS WIL.L B.E MADE AS FOLLOWS: 

I-PROFIT SHARING/ANNUITY: 

The Employer has agteed that contributions on the Employees' behalfare to be made into 

the Local 807 Profit Sharing/ Annuity Fund in the sum of six dollars and forty-three cents 

($6.43) per hour effective October 1,2009,six dollars and eighty-eight cents ($6.88) per hour 

effective October 1; 2010, seven dollars and thirty-three cents ($7.33) per hour effective 

October 1, 2011, seven dollars and seventy-eight cents ($7.78) per hour effective October 1, 

2012, eight dollars and twenty-three cents ($8 .23) per hour effective October 1, 2013 for all 

straight time hours. 

And for all double time hours twelve dollars and eight-six cents ($12.86}per hour effective 

October 1,2009,thirteen dollars and seventy-six cents ($13.76) per hour effective October I, 

2010, fourteen dollars and sixty~six cents ($14.66) per hour effective.October 1, 2011, fifteen 

dollars and fifty-six cents ($15 .56) per hour effective October 1, 2012, sixteen dollars and fortysix cents ($16.46) per hour effective October 1, 2013 for all double time overtime. The Annuity 

shall be paid for all hours such as holiday's sick days and all other paid days. 

www.TeamstersLocal807.com.org.net 

00344 
Employers will provide individual written notice to all employees of Teamster Local 

No. 807 within thirty (30) days of the month end ofall annuity payments made by the 

Employer in the member's name. 

2-HEALTH FUND: 

THE RA TE OF CONTRIBUTION TO THE HEALTH FUND, EFFECTIVE OCTOBER 1, 2008, SHALL BE SIX DOLLARS AND 

FORTY-FOUR CENTS ($6.44) PER HOUR. 

3-PENSION: 

THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR MEN ON THE (20) MAN SENIORITY LIST, EFFECTIVE 

OCTOBER 1, 2008, SHALL BE SIX DOLLARS AND THIRTY-ONE AND ONE HALF CENTS ($6.31.5) PER HOUR. 

A. THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR ALL OTHER MEN, EFFECTIVE OCTOBER 1, 2008 WILL 

BE FOUR DOLLARS AND TWENTY-FIVE CENTS ($4.25) PER HOUR. 

B. CORES: IF AN EMPLOYEE PERMANENTLY LEAVES THE HIGHER RATE PER HOUR CORE FOR WHATEVER THE 

REASON THE SENIOR MOST EMPLOYEE WITHIN THE $4.25 PER HOUR CORE SHALL IMMEDIATELY MOVE UP INTO 

THEHIGHERRATEPERHOURCOREANDHAVETHATAMOUNTTHEREAFTERCONTRIBUTEDONHIS/HERBEHALFTO 

THE PENSION FUND. THERE SHALL BE TWENTY (20) MEN IN THE HIGHER RATE PENSION AT ALL TIMES. 

ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS: 

EMPLOYER'S RATE ON CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS SHALL BE INCREASED AS 

FOLLOWS: SEVENTY (.70c) CENTS EFFECTIVE OCTOBER 1, 2009, SEVENTY (.70c) CENTS EFFECTIVE OCTOBER 1, 

201 OAND SEVENTY (.70c) CENTS PER HOUR EFFECTIVE OCTOBER 1,2011 AND SEVENTY(. 70c) CENTS PER HOUR 

EFFECTIVE OCTOBER 1,2012 AND SEVENTY (.70C) CENTS PER HOUR EFFECTIVE OCTOBER 1,2013. 

00345 
Tumste11 Local 807 04:)1122 p,rn, 02-23-,0ll 8/19 

event from eaeh day' 5 tOIBl Tcnmster call. 

SECrION10. 

HEAIJI'H AND PEN!!ION 

(AlHBAL'r.H 

Tho Briiployer GhBll partloipnte in the Lo.cal 807 Labor-MaMgement HMllh Fund. 

Coutdbution~ by th~ Employer shall, effoclivc Ottobcr l, 2008 be paid as follows: 

l. . Wh~rc, dt1ring any qua,terly reporting p.cl'iod, un Employee is paid by ariBmployer forlcss than sixtyfive (65) day~, includil'I& regular days,..sick dnys, Saturdays, Sunday91 nnd bolidayg (wheOler worlced ornol), the 

Employer Hlnlll contdb\1te. nt the prevailing rate, to th~ henlth Fund on beh~lf ofthat Eruployr.o for e11ch pnld 

strnight time and overtin')~ hour 11p \o a maximunI of five I1undred twenty (520) ltom·s. 

2. Where, d11rln11 any qunrt~l'lyreponingperlod, 1111 Employee is paid by anErnployerfor-slxty.five(o5) O( 

more days,. inch1dh1g regulat days, 5ick days, Sat1.1rdays, Sundays, nnd holidays (whether worked or not), the 

t~mpJ()yer shall co11tributo1 nt the prevailing me, to rile Health fluntl on beh&lf of said. Employee for eighi (8) 

ho1,rs ~er day for eacb paid day. 

The rn.te ofQOl)trlbutlon to the.Health Fund, effectlvGOc!ober l ,Wb.8. 11'all.be six dollnrs and fo1ty•fo11r cents· 

($6.44) p~r hour. Anyfocrense in this tale qf contl'ibution shall ·be in: accordaneo with paragrupli (C) of tiris 

Section. 

Health contrib1ilions ure to be depo~ited in a soparat~ accou11t, not to be used for other 1hnn Health Fund 

purposes, 

(B)PENSION 

'fhe Employer shall participate lo the Local 807 LabOr•ManAgement Peuslon Fund.. Coniributions by the 

Employer shall, effective October .1, 2008 and to be paid as follows•: 

l. Where, during any quarterly1'Gp0rting period, tt11EmpJoyee Is paid by tho Employer for .le11s tl1an ~il<ty• 

fivo (65) days., includingregultt.days,.si.ckd1iys, Saturd~y~. Suncl~ys, arrcllllllida)I$ (whetherwoihd or not), !ho 

Employer shall co11tribute, at the prevailing rate, to tlie Pell~ion F1111d on behalf of.~id Employee for: ench paid 

straight time and ov~rtime hour, up to rt mnx:itmun of five hundred 1we11ty (SZO) hours. 

• 

7 

00346 
171872670)7 T•am1t~r1·Loal 807 04:31: 50 p,m, 02·23•201 I ~/19 

2. Where, during nny qua,terly reporting podod, an Employee Is paid by th• B.mployorioi: s!xty•fivo (65) 

ornioro dayil, in.eluding regulard·ays, sick d~ys, Satutdnys, Stindnys,. nnd holidays (whetl1er worked or not), the 

Bmploy111• shall contribuie, ~t·th~ pre.vniting rate, to tho Pensjo11 Fund on behalf o:f snid Employee for eight (8) 

hours perdny for ~ach pny day. 

The rnte of com.rlbutlcin to the Pension Fund fot men un· the cioj t111\ll 8¢111orjty list, effective October 1, 2008, 

.1hRll he 8IX dollars 1111d thirty"one nod one half cents ($6.31.5) per• hour. Any lttero.nse In thi~ rate of 

contribution shall.be i11 acoo1·dance witll. paragraph (C) of thii Section, 

Therate ofcoi!trlbutlon to tho Pension Fund for all 01he1· men, effective October I, 2008 will be four dollats nttd 

tw~n1y-five cents ($4,25) per hour. 

Cores: Xf an employee pennunentlyleaves !he Higher Rate per hout core for whatever the reMon· theaenlor 

inost employee withi11 the $4•.25 per hour core shall lnunediately move up into the higher rate per hour core and 

h~ve that a1w;,unt tl1~xeaftercontrib11ted on his/herbehi!lfto the Pension Fund, Thetll shall batwcnty(20)men 

ill the higher rnte pension at all times. 

l'ellslon con;ributio11, nre to be depo5iled in a se.parato account, not to·be used for other thnn l'en8io11.P11nd 

purpos~s. Any increase ln this r•tll of'contrlb\1tki11 shall b6 in•accordnnce with paragraph (C) ofthii·Sectlon-, 

£;. .&2:P..11.!Ql'J~TRIDUT!ONS IQ I1.ili.HBAL'f!i AND/OR l'FJ;§TQN FU!iPS: 

Bmployers.ratc\lfcon1rlh11ti0Qs to tho aealth ap.cl/or PensionFurtds sliall be increased by seventy (,70c) cents 

per hour effective October l, 2008 nnd seventy (.'/Oc) cents p.erhom:effectlvo October 1, 2P09, seventy (,70c) 

centoffectiveOctobed., 1010 and seventy (.70c).C¢llis perhoure.ffccllv<t Octoh~r 1,2011 ~ud se\leniy(.700) 

r;ents per hour ~ffo~tive. October 1,2012 and seventy (,70c) cenis J)er hour effective October 1,2013. 

The aliocation c)f all ~dditional contributions during th~ life of' this Agreement as between the Health and/or 

Pension Fundsshnl! b6 detennlned by l110 Polan iu its-sole discreiion pl'ior It) the resp~etive date, the111of. TJ1e 

Employer shall increase Its. contributioM to each or both ot' th_., Funa~ Ill accordance with the Onion's 

determination. 

For the period b~tweell April l, 2008 to Scpteml:ler -30, 201-3 the Employiw ahe.11 pay· any additional 

contributions to the'HeRllh and/or PeniionFuuds provided in the. New .Ye.t11ey-Now York Area General Trucking 

S11pp!eme11t to ·the Nation11l M11ster-Prei,ght Ag_recmeilt and the Union's Ridiir thereto. 

a. Th~ Tri1stees of the Health mid _Pension Funds shall he thoio p~rsons now nct!ve as 1'msteos, or 

their duly designated S\tCc~sors, 

b. Contributions shall be made to the Tmstees of the Pund,, '!'he Employf,_r shall forwnrd his 

8 

00347 
ry V.J.V 

17187267037 Teamittrs LQCal soi 10M 

contrlbutlot1s to the Funds at ):leriadic i11te1;va.ls set by tl1e 'J:mstees. 

c The· Truste~s .s:hRII have the rlght to accepi tlie U11io11 as an Employer and to cover the U11ion's 

smployees for"both J.leilSion and health b<:ncf!ts. 

d,. ~rhe Tnistees shall establish rul~s, which ~hall in~I11d~, among other things, tho requiren,~nts ot 

eligibility, distribution ofthe Health and Pension P11nds and the tlgbts ofemploy~s .thereunder. The1'1\15tees 

8h1.1li set forth the-rules and p1·ovlslons governing the admlniiitrntion oftl!e Puuds, Tftho Tn1stees do not agree 

on mies c<1vering .the.foregoing, aneutral Trustee shall bo added to the Bonrcl ofTms/ees nnd the deei,ioI) ofa 

m•Jo1·lty ofthe Bonrd of Tr11ste11s with re.ipecno 1he whole or any part ofthe H~alth a11d Penllion founds shall ba 

binding upon the parries hereto. 

&, Th~ Trnste~ of. the Health 1U1<! Pensio.11 ·Funds mny n~sess pe11altles for any ancl all delinquont 

payments in amounts, which they, in discretion, deem, justified to off.~_et the nddcd cost of ~olleetion, · 

In the event the Employer defa11lts in payment of pension and/01· health contributlo11s, or penalties and notice of 

6uoh. default is served upon lho Employer via ordlnnty mail by the Adrn/11istrator of the Funds, and copies are 

sent. to thb Union, fe11slon n"d/or Health T111$tOU, and if said-defnutt is not paid within five (S) workipg dayN 

after said notice ofdefAu)t, then the provishlrts forarbitration shall'be doomed canceled wlthdmwn and waived 

by theEmployer·and the Union .shall tlm-eupon ord~r. Md 9n(orco a srrlk~ ag~lnst the En1ployer in ilefauJt, 

which shnll not b<1 considered II breach of' tllis Asreement, 'l.'he Bmployor sf1nll withln twenty (20) dare nicor 

ench q1ui.rttr submit to the Admin!~tra!o1· of the P\mds astaternc.nt, 1111de1i oaU,, setting forth1he names and social 

secudty 1rnrnbrJCS ofnll Employees, boU1 U11lon pi1d nonunion; who have worked in ihe preceding qulll'ter. in all 

classifications coveredb)' this Agreoment and such st11telll\\nt shall s~t forth tbecontribt1tio11s 1nndeon bchal!of 

.ii1ch Employ~s. The Funds' Administrator, on-hi! own motion, or al-the requeiii of tl1e Union shall have ih~ 

right to inspect the bQo)(s and/or rec.ords relative to such statement and to. inte1·view all Employees o! the 

Emp\oye1·, The Administrntor shall forthwith report in wrl)lng the· results of any inspection or interview, 

f. Employu contributions to the Loe.«! 807 Labor-Management Healtll and/01· -Pei1sion Funds 01i behalf of 

eo1-po1·at~ officers or sul;.u·ied nmplo~s. perfoxming covered etllployme:nt during a<J!IBrterly reporting period, 

shall bo for a minimum of five hundred and twenty (520) hours for said quarter, at tho prevailbig mte, 

SEC'i'ION 11 

DIS'l'~IDU'l'ION FUND 

The Employer shall partieiilAto in- the Local 807 1..abor-MnMg~ment Distl'i~ution Fund, el'!ective 

October 1, 2008 and to be. paid RS follows: · 

a. For the period October l, 2008 to September 30, 2014 the Employer \viii contribute thefollowillg: 

Four dollars and twenty five cents ($4.25) per Jiour effeclive October 1, 2008, fo11.r dollm nncl .Hfly cents 

($4.50) per hour effective October !, 2009, four dollors and seventy- fivo cenis ($4,75) per hour effective 

October ·1, 2010, five dollars ·(SS.00) per hour effective Octohe1· 1, 2011, fin ciollatR and twenty five cents 

($5,25) per hour effective Octobel' 1, 201:1., :five dollars and fifty cents ($5.50) per hour effectivo October 1, 

2013 for straight thne, 

9 

00348 
Teamsters 32-43 49th Street, Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 LOCAL UNION 807 E-mail: local807@aol.com 

Anthony Storz Lu Herrera RaymondAsqulno Angel Curbelo Gladys Nlsves Marty Meyers Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM 

To: Local 807 Health and Pension Funds 

From: John Sullivan-President 

Subject: Nicholson & Galloway Inc 

Date: December 13, 2016 

Nicholson & Galloway Inc has signed a Collective Bargaining Agreement on for the period of 

December 1,2016 to December 1, 2019. 

SECTION 31 HEAL TH BENEFITS 

During the tenn of this agreement, the Employer shall contribute to the Local 807 Labor-Management Health Fund 

("Health Fund") on behalf of its covered employees. The benefits of that program shall be those prescribed by the Trustees of the 

Fund. 

(a) The Employer shall make the contributions set forth below. 

SECTION 32 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the tenn of this Agreement, the Employer shall contribute. to the Local 807 Labor-Management Pension Fund 

("Pension Fund") and the Local 807 Labor Management Health Fund ("Health Fund") on behalf of its covered employees. The 

benefits of that program shall be those prescribed by the Trustees of the Fund. 

(a) The Employer is currently contributing the amount of$7.92 per hour into the Pension Fund for all men. The Employer 

is also currently making Health Fund contributions in the amount of $8.19 per hour for all covered employees. 

The Employer shall make the following increases in contributions to the !lYQ.Funds as follows: 

A) Health Fund 

December 1, 2016 $0.25 

December 1, 2017 $0.25 

December 1, 2018 $0.25 

B) Pension Fund: As per the Pension Rehabilitation Plan. 

December I, 2016 $0.45 

December!, 2017 $0.45 

December 1, 2018 $0.45 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future amendments. The 

Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as amended as if said contribution 

schedule was set forth in this Agreement. www.TeamstersLocal807.net 

0034
In the event an employer ceases operating or moves its operations more than fifty (50) miles 

from its previous location and an employee is not given the opportunity to follow the job, the employer 

shall pay one (I) day's wages for each full year ofservice. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions ofemployment relating to wages, hours ofwork, 

overtime differentials and general working conditions which are better, higher or more favorable to the 

employer's employees than those provided for by or under the Agreement shall be maintained and the 

Employer agrees that its employees shall continue to enjoy these better, higher and more favorable 

practices, standards and/or benefits. 

SECTION 31 HEALTH BENEFITS 

During the term ofthis agreement, the Employer shall contribute to the Local 807 

Labor-Management Health Fund ("Health Fund") on behalf ofits covered employees. The benefits of. 

that program shall be those-prescribed by the Trustees ofthe Fund. 

(a) The Employer shall make the contributions set forth below. 

SECTION 32 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the tenn ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 Labor Management Health 

Fund ("Health Fund") on behalf of its covered employees. The benefits ofthat program shall be those 

prescribed by the Trustees ofthe Fund. 

(a) The Employer is currently contributing the amount of$7.92 per hour into the Pension Fund 

for all men. The Employer is also currently making Health Fund contributions in the amount of$8.19 

per hour for all covered employees. 

The Employer shall make the following increases in contributions to the two Funds as follows: 

A) Health Fund 

December 1, 2016 $0.25 

December 1, 2017 $0.25 

December 1, 2018 $0.25 

B) Pension Fund: As per the Pension Rehabilitation Plan. 

December 1, 2016 $0.45 

December i; 2017 $0.45 

December 1, 2018 $0.45 

The Employer adopts the terms and conditions ofthe Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation 

Plan as amended as if said contribution schedule was set forth in this Agreement. 

15 

003
...,uvjJ CONUON ONS 

(a) All of the Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

l. Unuse!l sick days for which the employee receives p3y pursuant to 

Section 12 above; 

2. \'acation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week; 

3. Jury duty pay.. 

SECTION34 HEALTH AND PENSJON-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds, 

(b) The Trustees of the Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice ofsuch default is foiwarded to said Employer 

via ordinary mail by the Administrator of the Funds and, if said default is not paid within 

ten (10) working days after said notice ofdefault was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a stateni:ent, 

under oath, setting forth the names and social security number ofall employees, both 

Union and non,Uniqn, who have worked during the preceding month in any classification 

covered by the t=s ofthis agreement and such statement shall set forth the · · 

contributions· made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motioD, shall have the right to inspect the books and/or records 

relative to such statement and to interview a11 covered employees ofthe,Employers. The 

16 
pgy p

to the Employer and the Trustees. 

SECTION 35 NON DISCRIMINATION 

All employe_es covered by this agreement shall be treated equally and \\ithout 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

tennination, and all other tem1s and conditions of employment. 

SECTION 36 UNION DJSCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term of the Agreement engage in a lockout. 

SECTION 37 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation 

·of either federal or state law, then the clause shall be deemed struck from this agreement 

and the balance of the agreement shall remain in full force and effect. 

SECTION 38 CDL LICENSES 

Any employee hired after December 1, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

Employees hired prior to December 4, 1995 shall not be required to obtain said 

license unless an agreement had been reached prior to December 4, 1995 for having to 

obtain said license. Where possible the Employer will provide training. 

SECTION 39 MODIFICATIONS 

Neither the EmpJoyer nor any worker or group ofworkers shall have the right to 

modify or waive any provision of this agreement without the knowledge and written 

consent ofabusiness agent. Any such agreement without the consent shall be null and 

void. 

SECTION 40 A FAIR DAY'S WORK.JS AFAIR DAY'S PAY ,. 

The Union and Employer recognize the principal ofa fair day's work for a fair 

day's pay. 

17 
Teamste.O 

E-mail: local807@aol.com 

To: 

From: 

Subject: 

Date: 

Health and Pension Funds 

Tony Storz 

Nth Degree Inc. - Contribution letter 

2675 Breckinridge Blvd. Suite 200 Deluth, Ga 30096 

March 23, 2015 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' beha)f:ar~.to be made into the 

Local 807 Profit Sharing Fund ln the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September.JO; 2020. · 

And for all double time hours at the sum of sixteen dollars and. forty-six cents ($ I 6.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all either paid days. 

Employers will provide individual writtenriqJip~;l!:i[ajJemployees qf'.I;~~mst~i' Lo.cal No. 807 

within thirty (30) days ofthe month eμd of;111 am\4i1>'. p~Y!l},c;nts m~de )>y tpi f;IJlploy~! in the 

member's name. -.::·}\/;~\{./J;_f:::::. ·· · •,_:·.- · 

HEALTH ~iP.ENSION . , 

-· ••'•••<_:""•· . ··:·)>··: 

A) HEAL TH · .... · ·.·•·· ··... ''" 

The Employer shall participate in the Lgcaf 807, i:/41,o~-Management H.eal~l?~~~('./' · 

Contributions by the Employer shall, effective: Oofol:ier I; 20 I 4 be paid as.follow{.: ·•: ·.,' ,. . /'·:·· ' ·-. --~·:··:·;;,__:J,·,~ -~--

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays; and.:holidayl; (whether worked or .not), the 

Employer shall contribute ai the prevailing rate, iq~~•Ji~11lt!i Funli9n J>~hiilfofthat Ewployee for each paid straight 

time and overtime hour up to a maximum offive•hu11&¢d•twenty·(520) hours. · •' < - :, -· '. . 

·2: Where, during any quarterly reporting period; an.Employee is paid by an. Employer for sixty-five ( 65) or 

more days, including regular days, sick days, Saturdays, . Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate sha)l be 

$9 .19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. . • 

(B) PENSION . 

The Employer shall participate in the Locaf'!NY7f~1~'M:ii'n'liilli9lifn\t~f8tl1f~nd. Contributions by the Employer 00353 
shall, effective October!, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to.a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00354 
SECTIONS. 

PRO. BENEFITS - MAINTENANCE OF S~DARDS 

If wages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. If the union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I . Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundre~ twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight· (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October I, 2015 

the rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

/B) PENSION 

5 

00355 
- -- .. ----···------ ·-· 

I. Where, during any.erly reporting period, an Employee is paAthe Employer for less than sixtyfive (65) days, including reg:Jr days, sick days, Saturdays, Sundays, and ...-:.days (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective 

October I, 2018 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ 11.265 per 

hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7 .40 per hour. Effective October I, 20!_6 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees. of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be.added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrustees with respect to the whole; or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

00356 -~ 

c 

6 
In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

such default is served upo1ft Employer via ordinary mail by the Admwator of the Funds, and copies are 

sent to the Union, Pension aLJ/or Health Trustees, and if said default is 1!0::Jaid within five (5) working days 

after said notice of default, then the provisions for arhitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be $6.00 per 

hour. Effective October 1, 20 I 6, the sum will be $6.25 per hour. Effective October 1, 201 7, the sum will be 

$6.50 per hour .Effective October I, 2018, the sum will be $6.75 per hour. Effective October l, 2019, the sum 

will be $7 .00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October 1, 20 I 5 

the sum will be $12.00. Effective October 1, 2016 the sum will be $12.50. Effective October 1.201 7 the sum 

will be$13.00 per hour. Effective October 1, 2018 the sum will be$ 13.50. Effective October 1, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their cfaily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION13 

TRAVELING 

A. All Employees sent outside of the Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

7 

00357 
,.. 

PARTICIPATION AGREEMENT 

This Agreement is by and between the Board of Trustees of the Local 807 

Labor-Management Pensoin Fund (the "Fund") and the New York City Trucking 

Autho1ity ("NYCTA") 

WHEREAS, the Fund, in accordance with its plan ofbenefits (the "Plan"), 

provides pension benefits to its participants; and 

WHEREAS, the NYCTA, in accordance with its Agreement and Declaration 

ofTrust, provides the cost of retaining arbitrators for proceedings of disputes and 

grievances which customarily arise under the terms of collective bargaining 

agreements between a signator to a Collective Bargaining Agreement with the Truck 

Drivers Local Union No. 807 ofthe International Brotherhood ofTeamsters, 

Chauffeurs, Warehousemen, and Helpers of America ("Union") and the Union, and to 

afford prompt resolution of such disputes and grievances within its 

Jurisdiction; 

WHEREAS, NYCTA may secure the benefits of the Plan for its employees by 

making contributions to the Fund on the latter's behalf in accordance with the 

provisions of the Plan and by accepting and ratifying the Plan and the Trust 

Agreement; and 

WHEREAS, in order to secure the benefit of the Plan for its employees, 

NYCTA must enter into a written agreement with the Board ofTrustees of the Fund 

(the "Trustees") stating that the Plan benefits.ext~nd to NYCTA's employees; and 

WHEREAS, the Fund's Trust Agreement defines NYCTA as an employer for 

the purpose of making contributions in to the Fund; and 

WHEREAS, the parties acknowledge that NYCTA has been making 

contributions to the Fund for a number of years and wish to memorialise in writing 

00358 
the specific obligations ofNYCTA with regard to NYCTA's contributions to the 

Fund. 

NOW, THEREFORE, it is mutually understood and agreed as follows: 

I. All employees ofNYCTA shall become participants of the Fund as of their • ,. 

date of hire with NYCTA, and shall be entitled to receive benefits from the 

Plan subject and pursuant to the terms and conditions of the Plan. 

2. NYCT A acknowledges that this has been contributing to, and agrees to 

continue to contribute to, the Fund on behalf of its employees at the rates 

required by the Intemational Brotherhood of Teamsters' National Master 

Freight Agreement and New York-New Jersey Supplement, Local 808 

Schedule, and according to all rates allocations made by the Trustees of 

the Funds for all employees identified in paragraph I above. Payments 

shall be accompanied by the Fund's remittance reports and/or such reports 

and infonnation as required now or in the future by the Trustees, the Fund, 

its Plan or the Trust Agreement. Such contributions shall be made to the 

Fund for all hours paid subject to the following: for business agents "hours 

paid" shall not exceed forty (40) hours per week and for office staff"hours 

paid" shall not exceed thirty-five (35) hours per week. Contributions shall 

be payable from the first day of employment and shall be paid in 

accordance with the Fund's Trust Agreement. 

3. NYCTA hereby accepts, ratifies a_nd adopts the Agreement and 

Declaration of Trust, as amended from time to time, establishing the Fund 

as if it were set forth herein in full. 

4. NYCT A shall make available to the Fund any and all pertinent records of 

the covered employees that the Fund may require in connection with the 

" . 00359 
sound and efficient operation of the Fund. The Fund shall have the right to 

have NYCTA's records audited by an accountant of the Fund's own 

choosing. The cost ofsuch audit will be paid according to the Trust 

Agreement and the Fund's policies. 

5. Contributions for the preceding month are due and payable on or before 

the 20th day of each month. Upon the failure ofNYCTA to make payment 

of any contribution when due, or to provide records as required herein, the 

•Trustees shall be entitled, as their sole option, to take any action permitted 

by this Agreement, by the Trust Agreement establishing the Fund and/or 

by law to collect such contributions, together with interest and liquidated 

damages as established by the Trustees, attorneys' fees, court costs or 

arbitration and costs of an audit. 

6. Any claim that NYCTA has failed to make proper payment or to file 

proper reports with the Fund may be submitted to arbitration before an 

arbitrator or arbitrators specified by the Trustees for the arbitrator's 

determination and award. The award of the arbitrator shall be final and 

binding and subject to enforcement in any court of competent jurisdiction. 

The award of the arbitrator shall direct payment of contributions to the 

Fund, together with the costs of the arbitration, legal fees, audit expenses 

,and interest and liquidated damages as established by the Trustees. 

7. · It is understood and agreed by the parties hereto that the Trustees s~all 

have complete authority and discretion to determine eligibility for benefits 

for employees ofNYCTA. 

8. NYCTA shall not have any right, title or interest to any of the assets of the 

?Ian. 

00360 
9. NYCTA agrees to facilitate the distribution to its employees of summary 

plan descriptions, summary annual reports, benefit statements and any 

other documents that are required to be distributed to participants of the 

Plan. 

10. Notwithstanding anything in this Agreement (or any amendment hereof) to 

the contrary, no provision of this Agreement shall be construed so as to 

violate, or deviate from, the Employee Retirement Income Security Act of 

1974, as amended ("ERlSA"), the Internal Revenue Code (the "Code") or 

any other applicable law. In the event that any provision of this Agreement 

shall be held by any court of competent jurisdiction to be illegal, void or 

unenforceable, such provision shall have no effect upon, or shall not 

impair the enforceability of, any other provision of this Agreement. In 

addition, nothing contained herein shall be deemed as a waiver of any 

rights or authority granted by the Trust Agreement of the Fund, as 

amended, or any resolution of the Trustees. 

11. The parties hereto agree that this Agreement may be amended, in writing, 

and signed by both parties, and that they shall take all such further required 

action, as may be necessary or desirable in order that this Agreement shall 

comply with all applicable law (including, without limitation, ERlSA and 

the Code). 

12. TI:iis Agreement shall be governed by, construed and enforced in 

accordance with the laws of the State of New York applicable to contracts 

made and to be perfonned in the State of New York (without giving effect 

to the principles thereof relating. to the conflict of laws), except to the 

,· 

extent otherwise governed by federal law. 

00361 
. . ,.. 

13. This Agreement sets forth the entire agreement ofthe parties hereto, is 

intended to be a complete and exclusive statement ofthe tern1s hereof, and 

may not be modified or amended except by a writing signed by all ofthe 

·- ' parties hereto. This Agreement supersedes and replaces any prior 

agreements entered into by the parties. 

14. This Agreement shall inure to the benefit of the parties hereto, and their 

successors and assigns. 

15. This Agreement may be ex_ecuted in any number of counterpart copies, 

each ofwhich shall be deemed to be, and have the force of, an original, but 

all of which shall be considered the same instrument. 

16. This Agreement shall continue in effect until modified or tern1inated in 

writing by the Trustees ofthe Fund and NYCTA. Nothing in this 

Agreement shall be deemed as an admission that prior contributions were 

made without authority or in violation of any law or regulation. 

January , 2007 

ON BEHALF OF THE BOARD OF TRUSTEES OF THE LOCAL 807 

. ' ;. . 

00362 
AGREEMENT 

BETWEEN 

The New York Racing Association, Inc. 

AND 

Local 807, International Brotherhood of 

Teamsters 

(Backstretch Security Bargaining Unit) 

January 1, 2014 through December 31, 2018 

00363 
Regulations for the conduct ofits business as it may deem necessary and advisable. All 

employees shall be obligated to comply with the Regulations. Such Regulations shall be 

subject to the provisions of this Agreement. 

B. The Union recognizes that NYRA has the right for cause to test an employee for 

substance abuse. NYRA will meet with the Union to review any positive test and the 

employment status of the employee. 

ARTICLE20 

~\"J~ION" PLAN 

NYRA agrees to contribute to the Pension Plan for each full-time and active employee who 

works at least 18 days in a month. Monthly payments as listed below are based on a 35-hour 

maximum work week up to a maximum of 140 hours a month. Paid days for vacation and 

sickness shall count as days worked. Paid disability and worker's compensation shall also count 

as days worked. The Employer agrees to participate in the Pension Plan's Rehabilitation Plan and 

agrees to continue to contribute to the Pension Plan at the rate of $185 per month per employee 

plus the appropriate increases pursuant to the tenns of the Rehabilitation Plan in effect as June!, 

2012. 

ARTICLE21 

SENIORifYLIST 

Upon thirty (30) days notice, NYRA shall provide the Union with a seniority list of all 

employees covered by this Agreement based upon NYRA payrQJJ records. 

ARTICLE22 

JiJRY nut¥ 

NYRA will pay employees at their regular rate ofpay up to a maximum often (10) days while 

on jury duty. It is understood the jury fees will be reimbursed to the employer. 

20 

00364 
· 

32c,,_;·49th Street, Long Island City, ~• ( 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com """----~w' LOCAL UNION 807 . . .. .. 

-•· . Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees . •-'2t;·· · .. . . . Great0( New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

NDtJNJf1 Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee '~!!nu.• ., . !iv,,,, s/2-:::,/1:0 

To: Health or_: and Pension Funds 

From: Tony Storz 

Subject: Natonal Convention Services - Contribution letter 

Date: May 20, 2015 

The above employer has signed an agreement effective from O~tober 1,2014 

to September 30,2020. 

Profit Sharing.Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. · 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 tllru September 30,2920 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written 11otice to all employees of'feamster Local No. 807 

within thirty (30) days ofthe month end ofall annuity payments made by the Employer in the 

member's name. .· · · 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labore Management Health Fu_nd. 

Contributions by the Employer shall, effective October I, 2014 be paidasfollows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays {whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where; during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eiglit (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October l, 2015 the 

rate shall be $8. 19 per hour. October I, 2016 the rate shall be $8.44 per hour. October l; 20 I 7 the rate shall be shall 

be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October l, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account,-not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local~-Jr,al!ffiGM~-4"efli5'\5fl• 1Pfind. Contributions by the Employer 

00365 
shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 20 I 4, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $ I 0.8 I 5 per hour. Effective October I, 2019 the rate shall be $ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00366 
P~BENEFITS - MAINTENANCE OF ~NDARDS 

If wages or any other term or condition of employment, in any classification. is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty(30) days in one hundred (100) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one(!) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October l, 2014, shall be $7 .94 per hour. October 1, 2015 

the rate shall be $8.19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October I, 20 I 7 the rate shall 

be shall be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October l, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B)PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

5 

00367 
c 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including rear days, sick days, Saturdays, Sundays, anclftidays (whether worked or not), the 

Employer shall contribute, ,Jle prevailing rate, to the Pension Fund on llCJtfofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate ofcontribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October I, 20 I 5 the rate shall be $9.465 per hour. Effective October 1, 2016 

the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective 

October I, 2018 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ 11.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 20 I 9 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

@ TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, w\J.ich shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. lfthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

00368 

6 
such default is served upon the Employer via ordinary mail by the Administrator of the Funds, and copies are 

sent to the Union, Pension wor Health Trustees, and if said default is ft,aid within five (5) working days 

after said notice of default,[·] the provisions for arbitration shall be dee!' )! canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of '· 

such Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October 1, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be$6.00 per 

hour. Effective October I, 2016, the sum will be $6.25 per hour. Effective October l, 2017, the sum will be 

$6.50 per hour .Effective October 1,2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7 .00 per hour. 

For all overtime hours effective October 1, 2014, the sum will be $11.50 per hour. Effective October I, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October 1,2018 the sum will be $13 .50. Effective October 1,2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated again.st under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for tJie Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

B. All Employees sent beyond a radius ofsixty-five (65) miles from garage, not including Long Island, 

7 

00369 
32-43 49th Street. Long Island City, NY 11103 Teamsters 

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Wareilousemen, Exposition, Convention and Trade Show Employees . _- ~X."~- . Greater New York Vicinity and Metropolitan Area 

John "Buddy" Su//iVan Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady President ,Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM 

To: Health and Profit Sharing Funds 

From: Tony Storz-Secretary Treasurer 

Subject: New York Decorating 

Date: June 27, 2013 

The above employer has signed a Collective Bargaining Agreement that is effective for the period 

ofApril 1, 2018 through March 31, 2023. 

The contributions will be as follows: 

HEALTH and PROFIT SHARING FUND 

I. The Employer shall participate in the Local 807 Lsbor-Management Health and Profit Sharing Fund 

("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the Employer shall 

periodically contribute to the funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective April I, 2018 Health Fund shall be$ 8.94 

Effective April I, 2019 Health Fund shall be$9.19 

Effective April 1, 2020 Health Fund shall be$ 9.44 

Effective April I, 2021 Health Fund shall be $ 9.69 

Effective April I, 2022 Health Fund shall be$ 9.94 

B. Profit Sharing Fund lncreast:s: 

Effective April I, 2018 Profit Sharing Fund shall be $ 11. 11 

Effective April I, 2019 Profit Sharing Fund shall be$ 11.36 

Eftective April I, 2020 Profit Sharing Fund shall be $ 11.61 

Effective April 1, 2021 Profit Sharing fund shall be$ I 1.86 

Effective April I, 2022 Profit Sharing Fund shall be$ 12.11 

Contributions to the Health and Profit Sharing Funds shall be made on all hours paid, with a maximum of 

eight- (8) hours per day. All contributions shall not exceed 40 hours per week. 

www.ibt807.com 

00370 
Article 19. HEALTH and PROFIT SHARING FUND 

I. The Employer shall participate in the Local 807 Labor-Management Health and Profit Sharing Fund 

("Funds"). To provide the benefits prescribed by the Tmstees of the Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective April I, 2018 Health Fund shall be$ 8.94 

Effective April 1, 201 9 Health Fund shall be $ 9.1 9 

Effective April I, 2020 Health Fund shall be $ 9 .44 • Effective April I, 2021 Health Fund shall be $ 9 .69 

Effective April I, 2022 Health Fund shall be$ 9.94 

B. Profit Sharing Fund Increases: 

Effective April I , 2018 Profit Sharing Fund shall be S 11.11 

Effective April I, 201 9 Profit Sharing Fund shall be $ 11.36 

Effective April I, 2020 Profit Sharing Fund shall he $ 11.61 

Effective April I, 2021 Profit Sharing Fund shall be$ 11.86 

Effective April 1, 2022 Profit Sharing Fund shall be$ 12.11 

2. Contributions to the Health and Profit Sharing Funds shall be made on all hours paid, with a maximum of 

eight- (8) hours per day. All contlibutions shall not exceed 40 hours per week. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all mies and regulations 

established by the Tmstees of such Funds. In the event of disputes or questions of interpretation 

concerning the requirements to make contributions or portions thereof, the Employer shall not be 

deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer shall pay the amount due, 

including interest, retroactive to the date of the delinquency. 

4. The Employer hereby agrees to pennit an authorized representative of the Funds to inspect its payroll 

records for the purpose of checking the accuracy ofthe contributions required to be made by the 

Employer to the Funds. Ifthe Employer fails to make the contributions provided for herein within the 

time required by the Funds' trusts agreement and the mies and regulations of each of the Funds, then the 

Tmstees may cancel out the benefits coverage for such bargaining unit employee on whose account the 

Employer has failed to contribute. 

5. The Employer must use the remittance fonns required by the Trustees of each Fund and comply with 

said instmctions of the Tmstees in filling out such fonns. 

6. The Tmstees of the Funds shall be those persons now active as Trustees, or their duly desigriated 

successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the. 

Tmstees, but in'no·event more frequently than monthly. 

8. The Trustees shall establish mles, which shall include, among other things, the requirements for 

eligibility and distribution of the assets. The Tmstees shall also set forth the rules and procedures 

governing the administration of the Funds. If the Trustees fail to agree on said mies and/or procedures, 

a neutral Tmstee shall be added to the Board ofTmstees and the decision of a majority of the Board of 

Tmstees with respect to the whole or any part of the Health and Pension Funds shall be binding upon 

the parties hereto. - · 

8 

00371 
C 

9. The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, in their discretion, deem justified to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

I. All Employees covered by this Agreement shall be allowed vacation, which is to be detennined in accordance 

with, the following schedule: 

one year - 2 weeks 

three years - 3 weeks 

fifteen years - 4 weeks 

twenty years - 5 weeks 

thirty years- 6 weeks 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on straight time.rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., will be made 

from all vacation allowances. The vacation year shall be from April I through March 31 of each contract year. 

All employees hired after September 30 of the contract year will receive !day vacation for each 30 days worked 

for the following contract year not to exceed five days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the Employer for at 

least six (6) months <luting the prior contract year. In deterinining vacations, all hours paid for, including those 

allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to be 

considered hours worked provided the employee has worked at least thirty, (30) days in that contract year. 

4. In any case, where any of the holidays covered in this Agreement occur during the vacation period of any 

employee, said employee shall have the choice of an extra eight (8) hours vacation with pay or an additional 

eight (8) hours pay for such holiday. 

5. The Company shall detennine the vacation schedule each year and shall give preference to the senior 

employees. Employees who are discharged by the Company for cause and those who tenninate their employment 

shall be paid their accrued allowance. 

6. The vacation peiiod will be from April I to March 31. The Company will post a vacation schedule by 

March l and all vacation picks must be posted no later than March 31. All employees who fail to pick their 

vacation weeks by March 31 will forfeit their right to pick by seniority. 

7. All employees may elect to take up to (2) two weeks vacation in single day increments. 

8. An additional hour's pay shall be given to each employee for each credited day of vacation earned, up 

to a maximum. 

One year- five hours 

Two years- ten ·hours 

Ten years- fifteen hours 

Fifteen years- twenty hours 

Twenty years- twenty-five hours 

Thirty years- thirty hours 

00372 

9 
rrtismem 

MEMORANDUM 

To: 

From: 

Subject: 

Date: 

Health and Pan 

John Sullivan 

New York Conv 

Center Operatl 

Trustee Trustee Trustee ;::.ecretary-1reasurer vice President Recording Secretary 

The above employer has al nad an agreement retroactively effective from July 18, 2013 

to July 17, 2018. 

 

www.TeamstersLocal807 .com .org .net 

00373 
. ' 0% 0% 1% 2% 2.5% 

, 1u11mcanon I I 

3. Overnin t wnrk shift differential. The parties agree to modify Article XIV, Section 

I as folio 'IS: the shift differential for ovemight work shall be increased by an 

additiona $0.25 per hour, which shall be effective on the date ofratification and shall 

not be retroactive. 

4. Annuifv i'und. The parties agree to modify Article XXI and Appendix B of the CBA 

to reflect he below increases to the Annuity Fund to take pl,ace on the following · 

schedule: • 

7/18/2013 7/1 /2014 Upon 

Ratification 

7/18/2016 7/18/2017 

$0.00 per hour $0.1 Dper hour Additional 

$0.20 ner hour 

Additional 

$0.20 ner hour 

Additional 

$0.20 ner hour 

5. Vacation ~und. The parties agree to modify Appendix B ofthe CBA to reflect the 

below inc· eases to the Vacation Fund, to take place on the following schedule: 

7/18/2013 7/18 2014 Upon 

Ratification 

7/18/2016 7/18/2017 

$0.00 per hour $0.0 per hour Additional 

$0.20 ner hour 

Additional 

$0.20 ner hour 

Additional 

$0.20 ner hour 

6. Pension F nd. The parties agree to modify Article XXI and Appendix B of the CBA 

to reflect t: e below increases to the Pension Fund, to take place on the following 

schedule: 

7/18/2013 7/18, 014 7/18/2015 7/18/2016 7/18/2017

$0.45 per hour Addi onal Additional Additional Additional

$0.45 oer hour $0.45 oer hour $0.45 rer hour $0.45ne.rhour

Javits shall be, "edited with any amounts paid as a surcharge in excess ofthe $0.45 per 

hour Contributi ~n Rate as set forth above. 

2/2/16 

4651-9285-15D1. v. 1 

0037
32-43 49th Street. Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

~...k- E-mail: local807@aol.com ,=--.,,,' LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area ·~-

MEMORANDUM 

John "Buddy" Sull/vati Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

f..zc·~-; /

1 

/ 

To: Local 807 Health and Pension Funds 

From: Anthony Storz 

Subject: Mondelez Global LLC 

Date: March 23, 2017 

Mondelez Global LLC has signed a Collective Bargaining Agreement on for the period of April 1,2016 

through March 31,2021 .. ARTICLE 17 - HEALTH and 

PENSION FUND 

· Section I. The Employer agrees to participate in the Local 807 Labor-Management Health and 

Pension Fund ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shall periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Contributions: 

Effective April 1, 2016 $8.44 per hour 

Effective April 1, 2017 $8.69 per hour 

Effective April 1, 2018 $8.94 per hour 

Effective April 1, 2019 $9.19 per hour 

Effective April 1, 2020 $9.44 per hour 

B. Pension Fund Contributions, per the Pension Rehabilitation Plan: 

Effective April 1, 2016 $9.91_5. per hour 

Effective April 1, 2017 $10.365 per hour 

Effective April 1, 2018 $10.815 per hour 

Effective April 1, 2019 $11265 per hour 

Effective April 1, 2020 $11.715 per hour 

The Employer adopts the terms and conditions of the Pensions Fund Rehabilitation Plan 

alorig with future amendments and agrees to remit the annual contribution increases 

required by the Rehabilitation Plan as amended as set forth in the above contribution 

schedule 

Contributions to the Health and Pension Funds shall be made for all hours ·paid, with a maximum 

of e,ght (8) hours or ten (10) hours per day, depending upon the employee's work schedule, 

and forty (40) hours per week. The Company will make a forty (40) hour health & welfare and 

pension contribution on behalf of a M-\OOJV·iJ:IH%CJ'j'.,1,~i;Qorked in excess of fifty-two (52) hours in 

any payroll week, regardless of the number of days worked in that week 00375 

•, 
is proven to have been under the influence of drugs or alcohol in violation of the Company's Substance 

Abuse Policy. 

ARTICLE 17 - HEALTH and PENSION FUND 

Section 1. The Employer agrees to participate in the Local 807 Labor-Management Health and Pension 

Fund ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Contributions: 

Effective April 1, 2016 $8.44 per hour 

Effective April 1, 2017 $8.69 per hour 

Effective April 1, 2018 $8.94 per hour 

Effective April 1; 2019 $9.19 per hour 

Effective April 1, 2020 $9.44 per hour 

B. Pension Fund Contributions, per the Pension Rehabilitation Plan: 

Effective April 1, 2016 $9.915 per hour 

Effective April 1, 2017 $10,365 per hour 

Effective April 1, 2018 $10.815 per hour 

Effective April 1, 2019 $11.265 per hour 

Effective April 1, 2020 $11.715 per hour 

The Employer adopts the terms and conditions of the Pensions Fund Rehabilitation Plan along with future 

amendments and agrees to remit the annual contribution increases required by the Rehabilitation Plan 

as amended as set forth in the above contribution schedule. 

Contributions to the Health and Pension Funds shall be made for all hours paid, with a maximum of eight 

(8) hours or ten (10) hours per day, depending upon the employee's work schedule, and forty (40) hours 

per week. The Company will make a forty (40) hour health & welfare and pension.contribution on behalf 

of a driver who has worked in excess of fifty-two (52) hours in any payroll week, regardless of the number 

of days worked in that week. 

The Company will make sufficient contributions to the above Health and Pension Funds to insure that 

an employee, who was hired on or after April 1, 2016 and not eligible for the guarantee of hours of work 

or pay as set forth the third paragraph of Article 3 ~ M~nagement Rights of this Agreement, receives 

contributions to the Funds for at least two hundred and fifty (250) hours in a calendar quarter. 

Section 2. In the event of a delinquency in payment, the Employer agrees to abide by all rules and 

regulations established by the Trustees of such Funds. In the event of disputes or questions of 

·interpretation concerning the requirements to make contributions or portions thereof, the Employer shall 

not be deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer shall pay the amount due, 

including interest, retroactive to the date of the delinquency. 

18 

0037
Section 3. The Employer hereby agrees to permit an authorized representative of the Funds to inspect its 

payroll records for the purpose of checking the accuracy of the contributions required to be made by the 

Employer to the Funds. Ifthe Employer fails to make the contributions provided for herein within the time 

required by the Funds' trusts agreement and the rules and regulations of each of the Funds, then the 

Trustees may cancel out the benefits coverage for such bargaining unit employee on whose account the 

Employer has failed to contribute. 

Section 4. The Employer must use the remittance forms required by the Trustees of each Fund and comply 

with said instructions of the Trustees in filling out such forms. Remittance reports and contributions shall 

be forwarded to the Funds at periodic intervals set by the Trustees, but in no event more frequently than 

monthly. 

Section 5. With not less than two (2) weeks advance written notice, an authorized representative of the 

Union or the Local 807 Labor-Management Health and Pension Fund ("Funds") may inspect the Employer's 

pay records, time cards and/or Health and Pension Funds records. 

Section 6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly 

designated successors. 

The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution of the assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee 

shall be added to the Board ofTrustees and the decision of a majority of the Board ofTrustees with respect 

to the whole or any part of the Health and Pension Funds shall be binding upon the parties hereto. 

The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in amounts, 

which they, in their discretion, deem justified to offset the added cost of collection. 

ARTICLE 18 - 401K 

On the first of the month following the completion of one (1) year of service, eligible employees will 

participate in a 401K Plan under the terms and conditions of said Plan. Employees may contribute a 

maxim um of sixteen percent (16%) of eligible earnings and the Company will provide a twenty-five 

percent (25%) match of employee contributions, up to the first six percent (6%) of eligible contributions. 

ARTICLE 19 - LEAVE OF ABSENCE 

Section 1. Any employee desiring leave of absence from his employment shall secure written permission 

from both the Union and the Employer. The maximum leave of absence shall be ninety (90) calendar days 

and may be extended for like periods. WriMeh permission for an extension must be secured from both 

the Union and the Employer. During the period of absence, the Employee shall not engage in gainful 

employment; an employee who fails to comply with this provision will lose their seniority rights and will 

be terminated. The Company is not required to remit Health Fund and/or Pension Fund contributions on 

behalf of an employee on a leave of absence. 

Section 2. The Employer agrees to grant up to ten (10) calendar days of Union Business Leave, without 

discrimination or loss of seniority rights and without pay, for an employee designated by the Union to 

attend a labor convention or serve in any capacity on other official Union business, provided at least ten 

19 

0037
s4i_49th Street, Long Island City, NY 11103 

John "Buddy" Sul/ivan 

President 

Teamstelt 

Phone (718) 726-2525 • Fax (718) 726-7037 

"""""'....,LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and-Metropolitan Area 

Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

k-::·c 'd _ . c's/11 /1 <{' 

To: Health and Pension Funds @<A _____./ 

From: Tony Storz 

Subject: Maxum Expo- 127 N Black Horse Mt. Ephramim, N.J. 08059- Contribution letter 

Date: March 10, 2015 

The above employer has signed an agreement effective from October 1,2014 

to September 30,2020. 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October 1, 2014 thru September 30, 2020. 

' And for all double time hours at the sum of sixteen dollars and forty-six cents ($ 16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees of Teamster Local No. 807 

within thirty (30) days ofthe month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. ~ 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to tlie" Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October I, 20 I 5 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October 1, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. · 

CB} PENSION www.Teamsterslocal807.com.org.net The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 00378 
,:;;.

V 

snall, effective October 1, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7 .40 per hour. Effective October 1, 2016 the rate shall be $7 .85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October l, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

.. .c. •, 

00379 
SECTION 8. 

PrulflBENEFITS - MAINTENANCE OF s.MnARDs 

Ifwages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, tenns and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORlTY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be'p!aced on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one ( l) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 20 I 4 be paid as follows: 

l. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, tci the Health Fund on behalf ofsaid Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fun'd, effective October I, 2014, shall be $7.94 per hour. October I, 2015 

the rate shall be $8.19 per hour. October I, 20 I 6 the rate shall be $8.44 per hour. October I, 2017 the rate shall 

be shall be $8.69 per hour. October I, 20 I 8 the rate shall be $8.94 per hour. October I, 20 l 9 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B}PENSION 

5 

00380 
c 

I. Where, during any Jjjterlyreporting period, an Employee is paill(;~the Employer for less than sixtyfive (65) days, including re · days, sick days, Saturdays, Sundays, andiR!ays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, 

shall be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October 1,2016 

the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective 

October 1, 2018 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be $ 11.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 20I 9 the rate shall be $9.20 per hour. 

If an employee pennanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition ofthe Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. 'f!ie Trqstees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ·of the Health and Pension Funds may assess penalties for any and all delinquent payments 

00381 

6 
ill the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

such default is served upon.mployer via ordinary mail by the Adm~~tor ofthe Funds, and copies are 

sent to the Union, Pension a or Health Trustees, and if said default is nPp°aid within five (5) working days 

alle1 saiu uulice uf uefaull, lhen the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalfof 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the

• Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly rep01iing period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October 1, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5. 75 per hour. Effective October 1, 2015 the sum will be $6.00 per 

hour. Effective October 1, 2016, the sum wi!l be $6.25 per hour. Effective October 1, 2017, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October I, 2019, the sum 

will be $7 .00 per hour. 

For all overtime hours effective October 1, 2014, the sum will be $11.50 per hour. Effective October 1, 2015 

the sum will be $12.00. Effective October 1,2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October 1, 2018 the sum will be $13.50. Effective October 1, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions of this Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

7 

00382 
Collective Bargaining Agreement 

between 

.. 

TEAMSTERS LOCAL UNION NO. 807, 

32-43 49TH Street 

Long Island City, NY 11103 

And 

Mc Donald Metal & Roofing Supply Corporation 

One Avenue M 

Brooklyn, New York 11230 . 

· December 1, 2015 thru November 

30,2020 

00383 
.,_. To re_ceive this benefit the employee must: 

(a) Notify the Employer at least one (1) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning, he or she actually serves onjury 

duty and, 

(c) Provide actual proof of service on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than 

fifty (50) miles from its previous location and an employee is not given the 

opportunity to follow the job, the Employer shall pay one (1) day's wages for each 

full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment re I at in g to wages, hours 

of work, overtime differentials and general working conditions which are better, higher 

or more favorable to the employer's employees than those provided for by of under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue to 

enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEAL TH FUND CONTRIBUTION RA TES 

(a) During the term of this Agreement. the Employer shall contribute to both the 

Local 07 Labor-Management Health Fund ("Health Fund") and the Local 807 

Labor-Management Pension Fund ("Pension Fund") on behalf of its covered employees 

17 

00384 
HEALTH FUND CONTRIBUTION RA TES 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

$8.19 $8.44 $8.69 $8.94 $9.19 

With regard to the Health Contribution Rate provisions only, the Employer reserves the right 

to reopen the contract and renegotiate said provisions should the Employer be able to obtain 

identical health insurance with lower premiums. 

PENSION FUND CONTRIBUTION RA TES 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

$7.19 $7.64 $8.09 $8.54 $8.99 

As of December 2, 2011, the Employer adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan along with future amendments. The Company agrees to pay the annual 

contribution increases required by the Rehabilitation Plan as amended as if said contribution 

schedule was set forth in this Agreement. 

(b) During the pendency of an employee's trial period, the Company shall not be 

required to make contributions to both the Local 807 Labor-Management Health Fund 

("Health Fund") and the Local 807 Labor-Management Pension Fund ("Pension Fund") on 

behalf of its covered employees. If and when an employee completes his trial period, 

the Company will make all required contributions on behalf of as said employee 

retroactive to his date of hire. 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contributions as set forth in Paragraph 

32 and 33, including additional contributions shall be made for all hours worked with a 

maximum .of eight (8) hours per day and forty ( 40) hours in the Monday through Sunday 

week. 

(b) No contribution shall be due for any ofthe following:(]) Unused sick days 

for which the employee receives pay pursuant to Section 12 above (sick leave); 

(2) Vacation pay received by an employee who has worked through his 

vacation and received 40 hours regular pay in the same week; 

18 

00385 
(3) Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution of Health 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of said 

Funds shall also set forth the rules and regulations governing the administration of the Health 

and Pension Funds. 

(b) The Trustees of the Health and Pension Funds may assess penalties for any 

and all delinquent payments in amounts which they, in their discretion, deemjustified to 

offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension Fund 

contributions or penalties and notice of such default is forwarded to said Employer via 

ordinary mail by the Administrator of the Funds and, if said default is not paid within ten 

(I 0) working days after said notice of default was mailed, then the provisions for arbitration 

under this agreement shall be deemed cancelled, withdrawn and waived by said Employer 

and the Union shall thereupon order and enforce a strike against said Employer in default 

which shall not be considered a breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of the 

preceding month submit to the Administrator of the Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both Union 

and non-Union, who have worked during the preceding month in any classification covered 

by the terms of this agreement and such statement shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds Administrator. 

on his own motion, shall have the right to inspect the books and/or records relative to such 

statement and to interview all covered employees of the Employers. The administrator shall 

forthwith report, in writing, the results of any inspection or interview 

to the Employers and the Trustees. 

SECTION 34 NON DISCRIMINATION 

19 

00386 
All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, iiandicap, marital status, 

sexual oriemation or affectional preference in all employment decisions, including, but not 

limited to hiring, compensation, "training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slow• down 

or curtailment in the operation of the Employer. The Employer agrees that it will not during the 

term of the Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion ofthis agreementto be in violation of 

either federal or state law, then the clause shall be deemed struck from this agreement and 

the balance of the agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December 4, 1995 may be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

Employees hired prior to December 4, 1995 shall not be required to obtain said 

license unless an agreement had been reached prior to December 4, 1995 for having to 

obtain said license. Where possible the Employer will provide training. 

SECTION 38 MODIFICATIONS 

Neither the Employer nor any worker or group of workers shall have the right to 

modify or waive any provision ofthis agreement without the knowledge and written 

consent of a business agent. Any such agreement without the consent shall be null and 

void. 

20 

00387 
32-43 49th Street, Long Island City, NY 11103 we~.~:«~ Truck Drivers 

Phone (718) 726-2525 • Fax (718) 726-7037 

~~'~-~ LOCAL UNION 807 www.TeamstersLoca/807.com.org.net . . 1-(f/!,,• ,, ?ts...·.. ·, .AFFILIATED WITH THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS . . 

Will,.m 71IrfB John •sut1,ty" Sutllvan Tony SIDa Ksvtn Brudls Angel Curt1elo I.II Htmra Bart, Mllgarejo 

--✓ President Secretaiy-'ll'easurer Vice President Recording Secreta,y Trustee Trustee llUstee 

MEMORANDUM 

DATE: NOVEMBER 10, 2005 

To: HEALTH AND PENSION FUNDS 

ANNUITY FUND 

FROM: TONY STORZ-BUSINESS AGENT 

SUBJECT: RIGGING & MACHINERY MOVERS & TRADE SHOW DIV. CONTRACTION: 

THE FOLLOWING COMPANY HAS CURRENTLY SIGNED UNDER THE RIGGING AND MACHINERY MOVERS AND TRADE 

SHOW DIVISION CONTRACT EFFECTIVE 10/1/03 THRU 9/30/08 

M&J Innovations 

65 Pondfield Road 

Bronxville,N.Y.10708 

Phone: 914-779-0655 

CONTRIBUTIONS WILL BE MADE AS FOLLOWS: 

1-ANNUITY: 

STRAIGHT TIME HOURS - $5.53 PER HOUR 

DOUBLE TIME OVERTIME - $11.06 PER HOUR 

2·HEALTH FUND: 

fHE RATE OF CONTRIBUTION TO THE HEALTH FUND, SHALL BE $5.09 PER HOUR. 

3-PENSION: 

A-THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR MEN ON THE (20) MAN SENIORITY LIST SHALL 

BE $4.46.5 PER HOUR. 

8-THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR ALL OTHER MEN, WILL BE $2.40 PER HOUR. 

ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND OR PENSION.FUNDS: 

MPLOYER S RA TE ON CONTRIBUTIONS TO THE EAL TH ANO OR ENSION FUNDS SHALL BE INCREASED AS 

FOLLOWS: 

$0.60 PER HOUR EFFECTIVE 10/1)03 

$0.60 PER HOUR EFFECTIVE 10/1 /04 

$0.60 PER HOUR EFFECTIVE 10/1/05 

$0.60 PER HOUR EFFECTIVE 10/1 /06

$0. 70 PER HOUR EFFECTIVE 10/1 /07 

FOR THE PERIOD BETWEEN OCTOBER 1,2003 TO SEPTEMBER 30, 2008, THE EMPLOYER SHALL PAY ANY 

ADDITIONAL CONTRIBUTIONS TO THE HEALTH ANO/OR PENSION FUNDS PROVIDED IN THE NJ-NY AREA 

GENERAL TRUCKING SUPPLEMENT TO THE NMFA AND THE UNION'S RIDER THERETO. 

003

,. 
---- ------

-------- --- ---~ -···--·- ·----.--· ·- ---1 

Friday, December 05, 2003 

holidays, scheduling ofvacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (100) shall be placed on the seniority list as 

of his first day of hire. No Employee may be on more than one (1) seniority list at any one-(!) time. The 

seniority list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20 man seniority list) for each 

event outside the Javits Convention Center from each days total teamster call. 

SECTION 10. 

HEALTH AND PENSION 

{Al HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2003 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), 

the Employer shall contribute at the prevailing rate, to the health Fund on behalf ofthat Employee for each 

paid straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), 

the Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight 

(8) hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2003, shall be five dollars and nine cents 

($5.09) per hour. Any increase in this rate of contribution shall be in accordance with paragraph (C) of this 

Section. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. '-

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2003 and to be paid as follows: 

. r, . •

L .. 6 

----·- ------- ·---

. ~ 

' • 

00389 
-------- - - ---

; Friday, December 05, 2003 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), 

the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each 

paid straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), 

the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight 

(8) hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2003, 

shall be four dollars forty-six and one-half cents ($4.46.5) per hour. Any increase in this rate of contribution 

shall be in accordance with paragraph (C) of this Section. 

The rate of contribution to the Pension Fund for all other men, effective October 1, 2003 will be one dollar 

and fifty cents ($1.50) per hour. 

Cores: If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior 

most employee within the $1.50 per hour core shall immediately move up into the higher rate per hour core 

and have that amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) 

men in the higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

C. ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS: 

Employer's rate ofcontributions to the Health and/or Pension Funds shall be increased by sixty (.60c) cents 

per hour effective October l, 2003 and sixty (.60c) cents per hour effective October 1, 2004, sixty (.60c) cents 

effective October l, 2005 ,sixty (.60c) cents per hour effective October 1,2006 and seventy (.70) cents per hour 

effective October 1,2007. 

The allocation of all additional contributions during the life of this Agreement as between the Health and/or 

Pension Funds shall be determined by the Union in its sole discretion prior to the respective dates thereof The 

Employer shall increase its contributions to each or both of the Funds in accordance with the Union's 

determination. 

For the period between April I, 2003 to September 30, 2008 the Employer shall pay any additional 

contributions to the Health an.d/or Pension Funds provided in the New Jersey-New York Area General 

Trucking Supplement to the National Master Freight Agreement and the Union's Rider thereto. 

ill} TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors.' 

7 

00390 
c 

-----·-- ----------·----·· ·----.1 ,. Friday, December 05, 2003 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall - forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of 

a majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall 

be binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost ofcollection. 

In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice 

ofsuch default is served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies 

are sent to the Union, Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working 

days after said notice of default, then the provisions for arbitration shall be deemed canceled withdrawn and 

waived by the Employer and the Union shall thereupon order and enforce a strike against the Employer in 

default, which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) 

days after each quarter submit to the Administrator of the Funds a statement, under oath, setting forth the 

names and social security numbers of all Employees, both Union and nonunion, who have worked in the 

preceding quarter in all classifications covered by this Agreement and such statement shall set forth the 

contributions made on behalf of such Employees. The Funds' Administrator, on his own motion, or at the 

request of the Union shall have the right to inspect the books an_d/or records relative to such statement and to 

interview all Employees of the Employer. The Administrator shall forthwith report in writing the results of 

any inspection or interview. 

g. Employer contributions_ to the Local 807 Labor-Management Health and/or Pension Funds on behalf 

of corporate officers or salaried employees, performing covered employment during a quarterly reporting 

period, shall be for a minimum offive hundred and twenty (520) hours for said quarter, at the prevailing rate. 

(E) DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective October 1, 

2003 and to be paid as follows: 

-. 

a. For the period October I, 2003 to September 30, 2008 the Employer will contribute four dollars 

($4.00) per hour for straight time, eight dollars ($8.00) per hour overtime (double time). 

Each Employee will be paid their pro:rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

8 

_,I 

00391 
32-43 49th Street. Long Island City, NY 11103 Teamsters 

Phone (718) 726-2525 • Fax (718) 726-7037 

~"·'LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees .oe,. Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sul/Ivan Anthony Storz Lu Herrera RaymondAsquino Gladys Nieves Malty Meyers Scott Brady 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

EMORANDUM 

To: Health and Pension Funds 

From: Tony Storz-Sec. Treas. 

Subject: Massimo Zanetti Beverage USA Foodservice 

Date: October 4, 2017 

The above company has signed a CBA effective from October 1,2017 through September 27,2020. 

HEALTH AND PENSION 

1. The Company shall participate in the Local 807 Labor- Management Health and Pension Funds 

(Funds). To provide the benefits prescribed by the Trustees ofthe Funds, the Company shall contribute to 

the Funds at the rates set forth herein. Effective as ofthe date ofthis Agreement, the Company will 

contribute to the Local 807 Labor-Management Health Fund ("Health Fund") in accordance to the 

following schedule: · 

10/1/2017 10/1/2018 10/1/2019 

$8.69 $8.94 $9,19 

The Company shall pay to the as follows: Effective as of the date ofthis Agreement, the Company will 

contribute to the Local 807 Labor-Management Pension Fund ("Pension Fund") in accordance to the 

following schedule: 

10/1/2017 10/1/2018 10/1/2019 

$10.365 $10.815 $11.265 

Per hour for all compensable hours including, but not limited to, hours of actual work, paid sick leave, 

paid vacation, paid jury duty, paid holidays and paid bereavement, of eight (8) hours per day up to a 

maximum offorty ( 40) hours per week per bargaining unit employee. 

All contributions to the Health and Pension Funds shall be made on a maximum of eight (8) hours per 

day basis. 

The Company adopts the terms and conditions ofthe Pension Fund's Rehabilitation Plan along with 

future amendments. The Company agrees to pay the annual contribution incre~s required by the 

· Rehabilitation Plan as amended as if said contribution schedule was set forth in this Agreement. 

00392 
ARTICLE 19 

BEREAVEMENT .LEAVE 

In the event of a death in an Employee's immediate family, 

i.e., current spouse, parents, sister, brother, children, 

current mother-in-law or current father-in-law, immediate 

grandparents, and immediate grandchildren, the Company shall 

grant the Employee up to three (3) days off, with pay for the 

express purpose of attending services for the deceased. Death 

certificates or other satisfactory proof of death must be 

submitted by the Employee to the Company upon request. To be 

eligible for the aforementioned, the Employee must be on the 

seniority list for six (6) months. 

ARTICLE 20 

HEALTH AND PENSION 

1. The Company shall participate in the Local 807 LaborManagement Heal th and Pension Funds (Funds) . To provide the 

benefits prescribed by the Trustees of the Funds, the Company 

shall contribute to the Funds at the rates set forth herein. 

Effective as of the date of this Agreement, the Company will 

contribute to the Local 807 Labor-Management Health Fund 

("Health Fund") in accordance to the following schedule: 

10/1/2017 10/1/2018 10/1/2019 

$8.69 $8.94 $9.19 

: 

per hour for all compensable hours including, but not limited 

to, hours of· actual work, paid sick leave, paid v:acation, paid 

(l ""• , 

jury· duty, paid holidays and paid bereavement, of eight (8) 

19 

00393 
hours per day up to a maximum of forty (40) hours per week per 

bargaining unit employee. 

The Company shall pay to the as follows: Effective as of 

the date of this Agreement, the Company will contribute to the 

Local 807 Labor-Management Pension Fund ("Pension Fund") in 

accordance to the following schedule: 

10/1/2017 10/1/2018 10/1/2019 

$10.365 $10.815 $11.265 

per hour for all compensable hours including, but not limited 

to, hours of actual work; paid sick leave, paid vacation, paid 

jury duty, paid holidays and paid bereavement, of eight (8) 

hours per day up to a maximum of forty (40) hours per week per 

bargaining unit employee. 

2. All contributions to the Health and Pension Funds 

shall be made on a maximum of eight (8) hours per day basis. 

3. In the event of a delinquency in payment, the Company 

agrees to abide by all rules and regulations established by the 

Trustees of such Funds, including but not limited to those 

requiring the payment of interest and reasonable counsel fees 

and other costs of collection of such delinquencies and to give 

(· 

security in a~sufficient amount, as demanded by the Trustees, to 

secure payment of such delinquencies. 

4. The Company hereby agrees to permit an authorized 

represeniative of the funds to inspect its payroll records for 

the purpose of checking the accuracy of the contributions 

20 

00394 
required to be made by the Company to the Funds. If the Company 

fails to make the contributions provided for herein within the 

time required by the Funds' trust agreements and the rules and 

regulations of each of the Funds, then the Trustees may cancel 

out the benefit coverage for such bargaining unit Employees on 

whose account the Company has failed to contribute. 

5. The Company must use the remittance forms required by 

the Trustees of each Fund and comply with said instructions of 

the Trustees in filling out such forms. 

6. The Trustees of the Funds shall be those persons now 

active as Trustees, or their duly designated successors. 

7. Remittance reports and contributions shall be 

forwarded to the Funds at periodic intervals set by the 

Trustees. 

8. The Trustees shall have the right to accept the Union 

as a Company and to cover the Union's Employees for both health 

and pension benefits. 

9. The Trustees sha.11 establish rules, which shall 

include, among other things, the requirements for eligibility 

and distribution of the assets. The Trustees shall also set 

forth tli.e rules and procedures governing the administration of 

the Funds. If the Trustees fail to agree on said rules and/or 

procedures, a neutral Trustee shall be added to the Board of 

Trustees and the decision of a majority ~f the Board of Trustees 

21 

00395 
with respect to the whole or any part of the Health and Pension 

Funds shall be binding upon the parties hereto. 

10. The Trustees of the Funds may assess liquidated 

damages for any and all delinquent payments in amounts which 

they, in the reasonable exercise of their discretion, deem 

. 

justified to offset the added cost of collection. 

11. Company contributions to the Funds on behalf of nonbargaining unit Employees performing bargaining unit work during 

any quarterly reporting period, shall be for a minimum of 520 

hours for said quarter. 

12. The Company adopts the terms and condition·s of the 

Pension Fund's Rehabilitation Plan along with future amendments. 

The Company agrees to pay the annual contribution increases 

required by the Rehabilitation Plan as amended as if said 

contribution schedule was set forth in this Agreement. 

22 

00396 
32-43 49th Street. Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

-~- John "Buddy" Sullivan Anthony Storz Lu Hellera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM 

To: Local 807 Health and Pension Funds 

From: John Sullivan 

Subject: Long Island Tinsmith -Warehouse/ Driver 

Date: January 25, 2017 

Long Island Tinsmith -Warehouse/ Driver has signed a Collective Bargaining Agreement on for the 

period December 2, 2016 thru December 1,2021. 

SECTION 31 HEALTH FUND CONTRIBUTION 

During the term of this Agreement, the Employer shall contribute to Local 807 labor-Management Health Fund 

("Health Fund") on behalf of its covered employees. The benefits of that program shall be those prescribed by the Trustees of 

the Health Fund. 

The Employer is currently contributing the amount of $8.19 per hour into the Health Fund for all covered employees. 

The Employer shall make the following contributions to the Health Fund during the term of this Agreement. 

12/1/16 12/1/17 12/1/18 12/1/19 12/1/20 

Health Fund Hourly 

Contribution Rare $8.44 $8.69 $8.94 $9.19 $9.44 

SECTION 32 PENSION FUND CONTRIBUTION RATES 

During the tem1 of this Agreement, the Employer shall contribute to Local 807 labor-Management Pension Fund 

("Pension Fund") on behalf of its covered employees. The benefits of that program shall be those prescribed by the Trustees of 

the Pension Fund. 

The Employer shall continue to pay Pension Fund contributions in accordance with the Pension Fund's Rehabiliration 

Plan, and hereby adopts the tenns and conditions of the Pension Fund's Rehabilitation Plan. The current contribution rate to 

the Pension Fund is $7 .19 per hour. Commencing December I, 2016, the hourly Pension contribution rate shall be raised to 

$7.64 increasing $.45 per hour every December 2"' thereafter. 

SECTION 33 CONTRillllTION LIMITATIONS 

(a) All of the Health and Pension Eu'nd contributions as set forth in Paragraph 31 and 32, shall be made for all 

hours worked with a maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday week. 

(b) No contribution shall be due for any of the following: 

(1) Unused sick days for which the .e1nnlo.yee receives pay pursuant to Section 12 above (sick leave); www.1ot801.com 

00397 
(2) Vacation pay received by an employee who has worked through his vacation and received 40 hours 

regular pay in the same week; 

(3) Jury duty pay. 

SECTION 34 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which shall include, among other things, 

the requirements for eligibility, distribution of Health and/or Pension Fund assets and the rights to beneficiaries thereunder. 

The Trustees of said Funds shall also set forth the rules and regulations governing the administration of the Health and Pension 

Funds. · 

(b) 11,e Trustees of the Health and Pension Funds may assess penalties for any and all delinquent payments in 

amounts which they, in their discretion, deem justified to offset the added cost of col1ection. 

(c) In the event any Employer defaults in the payment of Health or Pension Fund contributions or penalties and 

notlce of such default ls forwarded to said Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten (10) working days after said notice of default was mailed, then the provisions for arbitration under this 

agreement shall be deemed cancelled, withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a breach of th"e agreement. 

(d) Each Employer shall within twenty (20) days following the last day of the preceding month submit to the 

Administrator of the Health and Pension Fund a statement, under oath, setting forth the names and social s~curity number of 

all employees, both Union and non~Union, who have worked during the preceding month in any classification covered by the 

terms of this agreement and such statement shall set forth the contributions made on behalf of such employees. The Health and 

Pension Funds Administrator, on his own motion, shall have the right to inspect the books and/or records relative to such 

statement and to interview all covered employees of the Employers. The administrator shall forthwith report, in writing, the 

results of any inspection or interview to the Employers and the Trustees. 

,. 

00398 
Health Fund Hourly 

Contribution Rate $8.44 $8.69 $8.94 $9.19 $9.44 

SECTION 32 PENSION FUND CONTRIBUTION RATES 

During the term ofthis Agreement, the Employer shall contribute to Local 807 

Labor-Management Pension Fund ("Pension Fund") on behalf ofits covered employees. 

The benefits ofthat program shall be those prescribed by the Trustees ofthe Pension 

Fund. 

The Employer shall continue to pay Pension Fund contributions in accordance 

with the Pension Fund's Rehabilitation Plan, and hereby adopts the tem1s and conditions 

ofthe Pension Fund's Rehabilitation Plan. The current contribution rate to the Pension 

Fund is $7.19 per hour. Commencing December 1, 2016, the hourly Pension contribution 

rate shall be raised to $7 .64 increasing $.45 per hour every December 2nd thereafter. 

SECTION 33 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

31 and 32, shall be made for all hours worked with a maximum ofeight (8) hours per day 

and fo1ty ( 40) hours in the Monday through Sunday week. 

(b) No contribution shall be due for any ofthe following: 

(1) Unused sick days for which the employee receives pay pursuant to 

Section 12 above ( sick leave); 

(2) Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week; 

(3) Jury duty pay. 

SECTION 34 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment ofHealth or Pension 

Fund conb·ibutions or penalties and notice ofsuch default is fo1warded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

16 

00399 
ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator of the Health and Pension Fund a statyment, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees ofthe Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employers and the Trustees. 

SECTION 35 NON DISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 36 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the te1m ofthe Agreement engage in a lockout. 

SECTION 37 SEVERABILITY 

In the event any court shall hold any portion ofthis agreement to be in violation 

of either federal or state law, then the clause shall be deemed struck from this agreement 

and the balance ofthe agreement shall remain in full force and effect. 

SECTION 38 CDL LICENSES 

Any employee hired after December 4, 1995 may be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

Employees hi.red prior to December 4, 1995 shall not be required to obtain said 

license unless an agreement had been reached prior to December 4, 1995 for having to 

obtain said license. Where possible the Employer will provide training. 

" 17 

00400 
• 

PARTICIPATION 

AGREEMENT 

This Agreement is executed as of the 4th day of November 2003, by 

\, ' 

and between the Board of Trustees of the Local 807 Labor-Management Pension 

Fund (the "Fund") and the Board of Trustees of the Local 807 Labor-Management 

Health Fund (the "Employer"). 

WHEREAS, the Fund, in accordance with its plan of benefits (the 

"Plan"), provides pension benefits to its participants; and 

WHEREAS, an "Employer" as defined in the Fund's Agreement and 

Declaration of Trust; (the "Trust Agreement"), may obtain the benefits of the Plan for 

certain of its employees by making contributions to the Fund on their behalf in 

accordance with the provisions of the Plan thereby accepting and ratifying the Plan 

and the Trust Agreement and 

WHEREAS, in order to obtain the benefit of the Plan for its employees, 

the Employer must enter into a written agreement with the Board of Trustees of the 

Fund (the "Trustees") stating that the Plan's benefits extend to the employer's 

employees; and 

. WHEREAS, the Fund's Trust Agreement allows employees• of the 

Employer f'o participate in the Fund and receive benefits there under; and 

WHEREAS, the parties hereto wish,to memorialize in writing the specific· 

obligations of the Employer with regard to its employees. 

NOW, THEREFORE, it is understood and agreed as follows: 

185869 vl 

!00401 
\ 

1. This acknowledges that all employees of the Employer have been 

and shall remain participants of the Fund as of their date of hire with the Employer. 

Further, new hires shall become participants of the Fund as of their date of hire with 

the Employer. Participants have been and shall be entitled to receive benefits from 

the Plan pursuant to the terms and conditions of the Plan. 

2. The Employer acknowledges that it has been contributing to and 

agrees to continue to contribute to the Fund at the same rate as that in effect for 

the National Master Freight Agreement/New Jersey-New York Area Supplement for 

each employee identified in paragraph one. Payments shall be accompanied by the 

Fund's remittance reports and/or any information deemed necessary or required by 

the Trustees of the Fund. Contributions shall be made to the Fund on the basis of 

all hours paid up to a maximum of eight (8) hours per day and forty (40) hours per 

week and shall be made in accordance with the Fund's Trust Agreement, as 

amended. Such contributions shall be payable from the first day of employment. 

3. Contributions for the preceding month are due and payable on or 

before the 20th day of each month. Upon the failure of the Employer to make 

payment of any contribution when due, or to provide records as required herein, the 

Trustees -shall be entitled, at their sole option, to take any action permitted by this 

Agreement, by the Trust Agreement establishing the Fund and/or by law to collect 

such contributions, together with interest and liquidated damages as established by 

the Trustees, attorneys' fees, court costs, costs of arbitration and audit costs. 

4. Any claim that the Employer has failed to make proper payment 

185869 vl 2 

00402 
or to file proper reports with the Fund may be submitted to arbitration before an 

arbitrator or arbitrators specified by the Trustees for the arbitrator's determination 

and award. The award of the arbitrator shall be final and binding and subject to 

enforcement in any court of competent jurisdiction. The award of the arbitrator 

shall direct payment of contributions to the Fund, together with the costs of the 

arbitration, legal fees, audit expenses, interest and liquidated damages as 

established by the Trustees. 

5. The Employer hereby accepts, ratifies, and adopts the 

Agreement and Declaration of Trust, as amended from time to time, establishing 

the Fund as if it were set forth herein in full. 

6. The Employer shall maintain such records, reports and 

information on its employees, as may be necessary for the proper administration of 

the Fund and in accordance with the Fund's Trust Agreement, as amended. 

7. The Employer shall make available any and all pertinent records of 

its employees that the Fund may require in connection with the sound and efficient 

operation of the Fund. The Fund shall have the right to have the Employer's records 

audited by an accountant of the Fund's own choosing. 

8. It is understood that the Fund's Trustees shall have complete 

authority and discretion to determine eligibility for benefits for its employees. 

9. The Fund agrees to distribute and make available copies of its 

summary plan descriptions, summary annual reports, benefit statements and any 

other documents that are required to be distributed to participants of the Plan. 

185869 Vl 

3 

.. 00403 
10. Notwithstanding anything in this Agreement (or any amendment 

hereof) to the contrary, no provision of this Agreement shall be construed so as to 

violate the Employee Retirement Income Security Act of 1974, as amended 

("ERISA"), the Internal Revenue Code (the "Code") or any other applicable law. In 

the event that any provision of this Agreement shall be held by any court of 

competent jurisdiction to be illegal, void or unenforceable, such provision shall have 

no effect upon, or shall not impair the enforceability of, any other provision of this 

Agreement. In addition, nothing contained herein shall be deemed a waiver of any 

rights or authority granted by the Trust Agreement of the Fund, as amended, or any 

resolution of the Trustees. 

11. This Agreement may be amended, and the parties hereto shall 

take all such further required action, as may be necessary or desirable in order that 

this Agreement shall comply with all applicable law (including, without limitation, 

ERISA and the Code). 

12. This Agreement shall be governed by, construed and enforced in 

accordance with the laws of the State of New York applicable to contracts made and 

to be performed in the State of New York (without giving effect to the principles 

thereof relating to the conflict of laws), except to the extent otherwise governed by 

federal law. 

13. This Agreement sets forth the entire agreement of the parties 

hereto, is intended to be a complete and exclusive statement of the terms hereof, and 

may not be modified or amended except by a writing signed by all of the parties 

185869 vl 4 

00404 
,. 

hereto. 

14. This Agreement shall inure to the benefit of the parties hereto, 

and their successors and assigns. 

15. This Agreement may be executed in any number of counterpart 

copies, each of which shall be deemed to be, and have the force of, an original, but 

all of which shall be considered the same instrument. 

16. This Agreement shall continue in effect until modified or 

terminated in writing by the parties hereto. Nothing in this Agreement shall be 

deemed as an admission that prior contributions were made without authority or in 

violation of any law or regulation. 

IN WITNESS WHEREOF, this Agreement is executed as of the day and 

. 00405 
32

43 49th Street, Long Island pjty, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com ' LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

\}\\\\\( 

(j\l MEMORANDUM 

To: Health and Pension Funds 1Y

From: John Sullivan 

Subject: KSFJ CONTRIBUTIONS 

Kamco- Florence- J & S 

Date: December 11, 2015 

The above employer has signed an agreement effective from December 1, 2015 

to November 30,2020, 

PENSION FUND: 

The Company adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective 

December 1st of each Contract Year. . 

12/1/15 12-1~-'ffr. 12/1/19 

4.84 5.211 . 6,64

HEALTH FUND: 

12/1/15 1211/1.a 12'1117 1211/18 · .1211119 

8.19 8.44 . 8.69. 8.94 9,19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contribution~ as set forth in 

Paragraph . 

32, inclLd1g additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours. in j:he Monday through 

Sunday week. 

(b) No contributions shall be due for any of the following: 

 

www.Teamstersloca1B07.com.org.net 

, 

00

, 
I 

1, Unused sick days for which the employee receives pay pursuant 

to Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules 

which shall include, among other things, the requirements for eligibility, 

distribution of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and 

regulations governing the administration of the Health and Pension Funds, 

(b) The Trustees of the Health and Pension Funds may assess 

penalties for any and all delinquent payments in amounts which they, in their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said 

Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten ( 10) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of 

the preceding month submit to the Administrator of the Health and Pension Fund a 

statement, under oath, setting forth the names and social security number of all 

employees, both Union and non-Union, who have worked during the preceding month 

in any classification covered by the terms of this agreement and such statement 

shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The ... . administrator shall forthwith report; in writing, the results of any inspection or.interview 

to the Employer and the Trustees. SECTION 34 

 

00
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (10) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof ofservice on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the oppmiunity to 

follow the job, the Employer shall pay one (I) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf of its covered employees. The 

benefits of those plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00408 
PENSION FUND: 

The Company adopts the tenns and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

I" of each Contract Year. 

12/1/15 I 2/1/16 12/1/17 I 2/1/18 I 2/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 I 2/1/19 

8.19 8.44 8.69 8.94 9. 19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contributions as set fmih in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) homs in the Monday through Sunday 

week. 

(b) No contributions shall be due for any of the following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section I 2 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section I I (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution of Health 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. · · · · 

(b) The Trustees of the Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretiqn, deem 

justified to offset the added cost of collection. 

16 

00409 
(c) In the event any Employer defaults in the payment ofHealth or Pension 

Fund contributions or penalties and notice ofsuch default is forwarded to said Employer 

via ordinary mail by the Administrator of the Funds and, ifsaid default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the tem1s ofthis agreement and such statement shall set forth the 

contributions made on behalfofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such stateri1ent and to interview all covered employees ofthe Employers. The 

administrator shall fo1ihwith repo1i, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NON DISCRJMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other tenns and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any cowi shall hold any portion ofthis agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December I, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

0041
2015-2020 

GROUP CONTRACT 

TRUCK DRIVERS LOCAL UNION 

NO. 807 

Affiliated with the INTERNATIONAL 

BROTHERHOOD OF TEAMSTERS, 

CHAUFFEURS, WAREHOUSEMEN AND 

HELPERS OF AMERICA · 

****************** 

KSFJ GROUP 

c/o New & Karfunkel, P.C. 

1129 Bloomfield Avenue, Suite 216 

West Caldwell, New Jersey 07006 

(862) 210-8220 

****************** 

Truck Drivers Union Local 807 IBT 

32-43 49th Street 

.Long Island City, New York 11103 

(718) 726-2525 

00411 
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, , 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served onjury duty with a 

maximum often (10) days benefit during the life of this contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (1) week in advance that he or she is 

subject to call for jury duty, 

(b) Notify the Employer on each morning he or she actually serves onjury 

duty and, 

(c) Provide actual proof of service on ajury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (!) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the term of this Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 Labor' 

Management Health Fund ("Health Fund") on behalf of its covered employees. The 

benefits of those plans shall be those prescribed by the Trustees of the respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00412 
PENSION FUND: 

The Company adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December • 

1•51 of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty ( 40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any of the following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section 11 (b )(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

. (a) The Trustees of the Health and Pension Funds shall establish rult;:s which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the' added cost of collection. 

16 

00413 
(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said Employer 

via ordinary mail by the Administrator of the Funds and, if said default is not paid within 

ten ( I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against · said 

Employer in default which shall not be considered a breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of the 

preceding month submit to the Administrator of the Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms of this agreement and such statement shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NONDISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slow• 

down or curtailment in the operation of the Employer. The Employer agrees that it will 

not during the term of the Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance of the agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December 1, 2005 shall be recftiired, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

• 

17 

00414 
3~49th Street, Long Island City, NY 11103 Teamst@ Pnone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen. Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Su/flvan Anthony Storz Lu Herrera Raymond Asquino Angelo Curbelo Gladys Nieves Marty Myers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

f-,?c.',~ 1 0/1/13 

MEMORANDUM (01-

To: Health and Pension Funds 

From: Buddy Sullivan-President ~\ 

Subject: I. Janvey & Sons, Inc. 

Date: October 7, 2013 

The above employer has signed a Collective Bargaining Agreement that is effective for the 

period of October 1, 2013 through September 30, 2018. 

The contributions will be as follows: 

HEALTH & WELFARE & PENSION FUND CONTRIBUTIONS 

Contributions to the Health and Pension Fund shall be made on all hours paid, with a maximum of eight (8) hours 

per day. All contributions shall not exceed forty (40) hours per week. 

A. Health Fund Increases: Current contribution to the Health Fund is $7. 74 

Effective April 1, 2014 Health Fund shall be $7.99 

Effective April I, 2015 Health Fm)d s:h1)1,,b,e $8:24 

Effective April I, 2016 Health Fund sh!!H be $8.49 

Effective April 1,2017 Health Flipd shall be $8,74 

Effective April I, 20 I 8 Health Fund shail be $8.99 

B. Pension Fund Increases: Current contribution to the Pension Fund is $8.515. As per the Pension Rehabilitation 

Plan. 

Effective April I, 2014 Pension Fund sh~II be $8.965 

Effective April I, 2015 Pension Fund shailb~ $9.415 

Effective April I, 2016 Pension Fund shall be $9.865 

Effective April I, 20 I 7 Pension Fund shall be $IO .3 I 5 • Effective April I, 2018 Pension Fund shall be $10.765 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as if said contribution schedule was set forth in this Agreement. 

www.TeamstersLocal807.com.org.net 

00415 
ARTICLE XVI - WAGES 

A. Effective October 1, 2013, all employees covered by this Agreement (as listed on 

the attached Schedule "A") shall receive an increase of $40.00 per week. 

B. Effective October I, 2014, all employees covered by this Agreement (as listed on 

the attached Schedule "A") shall receive an increase of$40.00 per week. 

C. Effective October I, 2015, all employees covered by this Agreement (as listed on 

the attached Schedule "A") shall receive an increase of$30.00 per week. 

D. Effective October I, 2016, all employees covered by this Agreement (as listed on 

the attached Schedule "A") shall receive an increase of$30.00 per week. 

E. Effective October I, 2017, all employees covered by this Agreement (as listed on 

the attached Schedule "A") shall receive an increase of$24.00 per week. 

ARTICLE XVII - SICK LEA VE 

A. Employees who, as of January 1 each year have completed one (1) year of 

continuous work service, shall be eligible for a total of five (5) days sick leave with pay during 

that calendar year, commencing January 1, 2013. If an employee is absent for three (3) or more 

consecutive work days, he/she must submit a doctor's certificate as proof of illness in order to 

claim sick leave. 

B. Qualified employees who have any unused sick leave days at the end of the 

calendar year shall be paid for such days as a Christmas bonus on or about the Friday before 

Christmas immediately following the end of such contract year. Such unused sick leave days 

shall be paid for at twice the wage rate of the employee which was in effect as of the date the 

employee first became eligible to receive those sick leave days. 

ARTICLE XVIII - MINIMUM HIRING RATES AND PROGRESSION 

The minimum hiring rate for a unit employee during the term of this Agreement shall be 

as shown on the attached Schedule "A". Thereafter, at the end of the sixty (60) day probationary 

period the employee will be increased to the wage scale then in effect. The Employer 

contribution for the Health and Pension Fund will then (after the sixty (60) day period) be 

retroactive to the first day of hire. 

ARTICLE XIX. HEALTH AND PENSION FUND 

The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Fund ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the Employer 

shall periodically contribute to the Funds at the rates set forth herein. 

6 

00416 
Contributions to the Health and Pension Fund shall be made on all hours paid, with a 

maximum of eight (8) hours per day. All contributions shall not exceed forty ( 40) hours per 

week. 

.,, 

A. Health Fund Increases:-Current contribution to the Health Fund is $7.74 

Effective April I, 2014 Health Fund shall be $7 .99 

Effective April I, 2015 Health Fund shall be $8.24 

Effective April I, 20 I 6 Health Fund shall be $8.49 

Effective April 1, 2017 Health Fund shall be $8.74 

Effective April 1, 2018 Health Fund shall be $8.99 

B. Pension Fund Increases: Current contribution to the Pension Fund is $8.515. As per 

the Pension Rehabilitation Plan. 

Effective April 1, 20 I 4 Pension Fund shall be $8.965 

Effective April!, 2015 Pension Fund shall be $9.415 

Effective April 1, 2016 Pension Fund shall be $9.865 

Effective April I, 2017 Pension Fund shall be $10.315 

Effective April 1, 2018 Pension Fund shall be $10.765 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan 

along with future amendments. The Company agrees to pay the annual contribution increases 

required by the Rehabilitation Plan as amended as if said contribution schedule was set forth in 

this Agreement. 

ARTICLE XX- BULLETIN BOARD 

The Employer agrees to furnish a bulletin board in a conspicuous place for the exclusive 

use ofthe Union. No material derogatory to the Employer may be posted. 

ARTICLE XX!- PLANT VISITATION 

Properly accredited representatives of the Union shall have access during working hours 

to the premises of the Employer, provided such access does not interfere with the normal flow of 

the business, and the Union representatives report their presence to the Employer before entering 

the shop area. 

ARTICLE XXII - MANAGEMENT OF BUSINESS 

Subject only to the express provisions contained in this Agreement, the Company shall 

continue to have the sole right to direct its working force, to manage and operate its business and 

property, and including, but· not by way of limitation, any change in the nature or scope of the 

business, or method or system of operating the same, the discontinuance, consolidation or change 

in the organization of departments, the location of work duties, the employment of employees, 

7 

00417 
3n '3 49th Street, Long Island pjty, NY 111 o:: Teamstt__ s , ..one (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera RaymondAsqulno Angel Curbelo Gladys Nieves Marty Meyers 

President . , Secretary-Treasurer Vice President_ Recording Secretary Trustee Trustee · Trustee 

raw~=,,,...w;-,.LOCAL UNION 807 

MEMORANDUM 

To: Health and Pension Funds J 

J

From: John Sullivan J 

Subject: KSFJ CONTRIBUTIOIJ. _ 

Kamco- Florance- J,::•·•· · •. ·l. 

Date: December 11, 201j°?' 

.. './ :;;:. 

-~·, 'i' ... ' . . . : ', . ·: ' '_ '-~•-1 ·,! .,_,._ ;··'.. ·.;,. 

The above employer has slgn8" an'agreeineilj effect!v(l,:~;in Dec.ember 1, ~p15 

to November 30,2020. : " · ' ; ' ·· ' li' .,,, · •' ·,. · t 

(b) No contributions shall be due for any of the following: 

 

www.TeamstersLocal807.com.org.net 

00418 
' 

1. Unuseu sick days for which the emi;.. _yee receives pay pursuant 

to Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules 

which shall include, among other things, the requirements for eligibility, 

dlst.rlbutlon of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and 

regulations governing the administration of the Health and Pension Funds. 

(b) The Trustees of the Health and Pension Funds may assess 

penalties for any and all delinquent payments in amounts which they, in their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default Is forwarded to said 

Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten ( 1 O) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of , the agreement. 

(d) Each Employer shall within twenty (20) days following the last. day of 

the preceding month submit to the Administrator of the Health and Pension Fund a 

statement, under oath, setting forth the names and social security number of all 

employees, both Union and non-Union, who have worked during the preceding month 

in any classification covered by the terms of this agreement and such statement 

shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or.interview 

to the Employer and the Trustees. SECTION 34 

• 

 

00419 
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION28 JURYDUTYPAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (10) days benefit during the life ofthis contract. 

To r~ceive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

( c) Provide actual proofofservice on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (I) day's wages for each full year ofservice. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions ofemployment relating to wages, hours 

ofwork, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RA TES 

During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalfofits covered employees. The 

benefits ofthose plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00420 
PENSION FUND: 

The Company adopts the tenns and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

1'1 of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 ·8.69 · 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum ofeight (8) hours per day and forty ( 40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section I I(b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the adJl?inistration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

16 

00421 
(c) In the event any Employer defaults in the payment ofHealth or Pension 

Fund contributions or penalties and notice ofsuch default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

ten (] 0) working days after said notice ofde.fault was mailed, then the provisions for 

arbitration under this agreement shall be deeined cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a bre'llch ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the· names and social security number ofall employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf ofsuch_employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees ofthe Employers. The 

administrator shall forthwith report, in writing, the results ofany inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NON DISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions ofemployment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion ofthis agreement to be in violation of either 

federal or state Jaw, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full fore~ and effect. 

SECTION 37 CDL LICENSES 

• 

Any employee hired after December 1, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

00422 
2014-2020 

RIGGING AND MACIDNERY MOVERS 

AND TRADE SHOW DIVISION CONTRACT 

Between 

TRUCK DRIVERS LOCAL UNION NO. 807 

And 

AGREEMENT entered into between Expo Advantage hereinafter called the "EMPLOYER" and TRUCK DRIVERS 

LOCAL UNION NO. 807, hereinafter called the "UNION" to govern all hours, wages and working conditions set forth 

from the 1 st day of October 2014 through the 30th day of September 2020. 

SECTION 1. 

UNION RECOGNITION 

A. The Employer recognizes the Union as the sole and exclusive collective bargaining representative of all 

its employees who pick up, haul, load or unload displays, freight, material(s), machinery, tools and/or 

equipment or assist in same, who operate ( or assist to operate) the machinery, equipment, tools, and/or 

vehicles by which such work is performed or which is related to such work ( e.g. hilo, bulldozer, truck) 

and all other employees performing the kind of work described herein. 

B. All pick-ups, hauling, loading and/or unloading of displays, freight material(s), machinery, tools and/or 

equipment and the operation of all machinery, equipment, tools and/or vehicles by which such work is 

done or which is related to such work, and other work customarily done by the Employer's employees 

shall be performed only by the Employer's employees covered by this Agreement. 

C. The terms "Employee" and "Employees" as hereinafter used are intended to refer solely to all persons 

within the collective bargaining unit covered by this Agreement. 

D. All men who pick up, haul, load or unload freight, material(s), and machinery in connection with a 

rigging job shall be covered by this Agreement whether or not they actually handle rigging 

equipment. A man who drives a truck regardless of size, which is equipped with a fall, shall be 

classified as a Rigging Chauffeur whether or not the fall is actually used. 

E. For the purpose of this Agreement the EmpJgyer agrees to refrain from using the services of any 

person who does not observe the wages, hours and conditions of employment set forth in this 

Agreement. 

F. In all cases hired or leased equipment shall be operated by an Employee of the Employer and such 

Employee shall be paid pursuant to the terms of this Agreement. The Employer expressly reserves 

ihe right to control the manner, nieans and details of, and by which, the operator of said hired or 

leased equipment performs his services as well as the ends to be accomplished. 

00423 

1 
SECTIONS. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because ofthe terms and conditions ofthis Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on 

a job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided 

such Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (100) shall be placed on the seniority list as 

of his first day of hire. No Employee may be on more than one (1) seniority list at any one (1) time. The 

seniority list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put 

to work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than 

sixty-five (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked 

or not), the Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee 

for each paid straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five 

(65) or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or 

not), the Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for 

eight (8) hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October 1, 

2015 the rate shall be $8.19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October I, 2017 the 

rate shall be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the 

rate shall be $9.19 per hour. Health contr_ibutions are to be deposited in a separate account, not to be used 

for other than Health Fund purpeises. 

(B)PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

5 00424 
c 

I. Where, during any quarterly report\ng period, an Employee is paid by the Employer for less than 

sixty-five (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked 

or not), the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfofsaid Employee 

for each paid straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five 

(65) or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or 

not), the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee 

for eight (8) hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 

2014, shall be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 

1, 2016 the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. 

Effective October I, 2018 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ 

11.265 per hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 

per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 . 

per hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8. 75 

per hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have 

that amount thereafter contributed on his/her behalfto the Pension Fund. There shall be twenty (20) men in 

the higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition ofthe Pension Rehabilitation Plan. 

(ID TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The 

Trustees shall set forth the rules and provisions governing the administration of the Funds. If the Trustees 

do not agree on rules covering the foregoing, a neutral Trustee shall be added to the Board of Trustees and 

the decision ofa majority of the Board of Trustees with respect to the whole or any part of the Health and 

Pension Funds shall be binding upon the parties hereto. 

e. The Trustees of the H~alth and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in discretion, deem, justified to offset the added cost ofcollection. 

6 00425 
a - a - a a 

of such default is served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies 

are sent to the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working 

days after said notice of default, then the provisions for arbitration shall be deemed canceled withdrawn and 

waived by the Employer and the Union shall thereupon order and enforce a strike against the Employer in 

default, which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) 

days after each quarter submit to the Administrator of the Funds a statement, under oath, setting forth the 

names and social security numbers of all Employees, both Union and nonunion, who have worked in the 

preceding quarter in all classifications covered by this Agreement and such statement shall set forth the 

contributions made on behalf of such Employees. The Funds' Administrator, on his own motion, or at the 

request of the Union shall have the right to inspect the books and/or records relative to such statement and 

to interview all Employees ofthe Employer. The Administrator shall forthwith report in writing the results 

of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting 

period, shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing 

rate. 

SECTIONll 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be $6.00 

per hour. Effective October 1, 2016, the sum will be $6.25 per hour. Effective October I, 2017, the sum 

will be $6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October 1, 

2019, the sum will be $7.00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October I, 

2015 the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 

the sum will be $13.00 per hour. Effective October I, 2018 the sum will be $13.50. Effective October I, 

2019 the sum will be $14.00. 

Each Employee will be paid their pro-rata share of the Labor-Management Distribution Fund at the 

conclusion ofthe first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions of this Agreement are adhered to by the Employer 

and the Employees. ·The Shop Steward shall be last man to be laid offbefore the employer selected foreman, 

and shall not be discriminated against under any circumstances. All foremen shall report their daily labor 

call to the shop steward and the steward shall forward a copy of the calls to the union on a daily basis. 

However, this will not result in the creation of a new position for the Employer. 

SECTION13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals 

and hotel expenses. . 

7 00426 
32-43 49th Street, Long Island Gity, NY 111 Team.rs '4_Phone (718) 726-2525 • Fax (718) 726-70 

"'--=-LOCAL UNION 807 E-mail: loca1807@aol.c, 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqu/no Angel Curbelo Gladys Nieves Marty Mey, 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM 

To: Health and Pension Funcls 

From: John Sullivan 

Subject: JDP Mechanical 

Date: December 17, 2015 

,),•. . 

The above employer has slgn_e'd an agr-metit 1 ~l~e tr6~ DG4?&niber 1, ~.015 

to November 30,2020. · · · 

(b) No contributions shall be due for any of the following: 

 

www.TeamstersLocal807.com.org.net 

••• •H• ,---,••-••• •• ·····-··•·••···••--· -·-- --- -- - ..... ·--- -~----_,.,_,_ ------ -----~~----. -..------ ... 

00427 
1, un& sick days for which the e91oyee receives pay pursuan1 

to Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules 

which shall include, among other things, the requirements for eligibility, 

distribution of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and 

regulations governing the administration of the Health and Pension Funds, 

(b) The Trustees of the Health and Pension Funds may assess 

penalties for any and all delinquent payments in amounts which they, in their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

., Fund contributions or penalties and notice of such default is forwarded to said 

Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten ( 10) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of 

the preceding month submit to the Administrator of the Health and Pension Fund a 

statement, under oath, setting forth the names and social security number of all 

employees, botl;:i Union and non-Union, who have worked during the preceding monU 

in any classification covered by the terms of this agreement and such statement 

shall set forth the 

Contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or record. 

relative to such statement and to interview all covered employees of the Employers. Th, 

administrator shall forthwith report, in writing, the results o{ any inspection or intervie~ 

To the Employer and the Trustees. SECTION 3 4 

 

•-- ~ -- ,_,. -- - ----·------- ---·--·-- ---· --~--~~---·--- . .. .. .· . - . . ~. . . 00428 
(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (10) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one(!) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof ofservice on ajury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one(!) day's wages for each full year ofservice; 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RA TES 

During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The 

benefits ofthose plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

·- ... - .- ·---- - ·--- ... ·00429 
PENSION FUND: 

The Company adopts the terms and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

1st of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

1. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions ofSection 1 I (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution ofHealth 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may asses·s penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost of collection. 

16 

.. ··----. -· - ----~- --·-- ·- .------ -~- ----- --- --·····--- ___ .,,_ ____ , ----- ··------- - ··---------·---·· - -----·- .. ·-------------~- -·------··---------- - ... 00430 .. 
~;~

V 

(c) In the event any Employer defaults in the payment ofHealth or Pension 

Fund contributions or penalties and notice ofsuch default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach ofthe agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator of the Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have· the right to inspect the books and/or records 

relative to such statement and to interview all covered employees ofthe Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NONDISCRIMINATION 

· All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agree~ that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation of the Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion ofthis agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance ofthe agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December I, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within I 20 days of employment. 

17 
Teamsters 32-43 49th Street. Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqulno Gladys Nieves Marty Meyers Scott Brady President Secretary-Treasurer · Vice President Recording Secretary Trustee Trustee Trustee 

tfec'c/ Io) 3cij17 

@ 

MEMORANDUM 

To: Health Welfare and Pension Fund 

From: Tony Storz-Sec.Treas. 

Subject India Warehouse INC. 

Date: October 30, 2017 

The above employer has signed a Collective Bargaining Agreement effective for the 

period April I, 20 I 7 to March 31, 2022. ' 

The employer will make the following contributions increases to the Funds: 

I-Health Fund 

The Company will pay a $0.25per hour/annum increase from the current rate of$8. I9 

to the Loca!807 Labor-Management Health Fund on August I, 2017 and each year 

thereafter, according to the following schedule: 

8/1/17 8/1/18 8/1/19 8/1/20 8/1/21 

$8.44 $8.69 $8.94 $9.19 $9.44 

2-Pension Fund 

Effective April I, 2017, the Employer shall adopt the Local 807 Labor-Management 

Pension Fund's Rehabilitation Plan current contribution schedule and shall be 

subject to its terms as adopted by the Trustees ofthe Fund. The Employer currently 

pays the amount of$9.39 per hour for contributions to the Pension Fund, The first 

hourly contribution increase will take effect on August I, 2017, and will be according to 

the following schedule: 

8/1/17 8/1/18 8/1/19 8/1/20. 8/1/2 I 

$9,84 $10.29 $10,74 $11.19 $11.64 

Contributions to the Health and Pension Funds shall be made on all hours paid, with a maximum 

ofeight- (8) hours per day, not to exceed (40) hours per week. 

www.ibt807,com 00432 
ARTICLE 19.HEALTH AND PENSION 

1. The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Funds ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shall periodically contribute to the Funds atthe rates set forth herein, 

Effective April 1, 2017, the Employer shall adopt the Local 807 Labor-Management Pension 

Fund's Rehabilitation Plan current contribution schedule and shall be subject to its terms as 

adopted by the Trustees ofthe Fund, The Employer currently pays the amount of $9,39 per hour 

for contributions to the Pension Fund. The first hourly contribution increase will take effect on 

August 1, 2017, and will be according to the following schedule.: 

8/1/17 8/1/18 . 8/1/19 8/1/20 8/1/21 

$9.84 $10.29 $10.74 $11.19 $11.64 

2, Contributions to the Health and Pension Funds shall be made on all hours paid, with a 

maximum of eight (8) hour's per day, not to exceed (40) hours per week. The Company will pay a 

$.25 per hour/annum increase from the current rate of$8.19 to the Local 807 Labor-Management 

Health Fund on August 1, 2017 and each year thereafter, according to the following schedule: 

8/1/17 8/1/18 8/1/19 8/1/20 8/1/21 

$8.44 $8,69 $8.94 $9.19 $9.44 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and 

regulations established by the Trustees of such Funds. In the event of disputes or questions of 

interpretation concerning the requirements to make contributions or portions thereof, the 

Employer shall not be deemed delinquent while the matter is being considered pursuant to the 

grievance and arbitration procedure. If a delinquency in the payment is found to exist, the 

Employer shall pay the amount due, including interest, retroactive to the date ofthe delinquency. 

4. The Employer hereby agrees to permit an authorized representative of the Funds to 

inspect its payroll records for the purpose of checking the accuracy of the contributions required 

to be made by the Employer to the Funds. If the Employer fails to make the contributions 

provided for herein within the time required by the Funds' trusts agreement and the rules and 

regulations of each of the Funds, then the Trustees may cancel out the benefits coverage for such 

bargaining unit employee on whose account the Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and 

comply with said instructions of the Trustees in filling out such forms. 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly 

designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals 

set by the Trustees, but in no event more frequently than monthly, 

4824-7634-6193 v.l 00433 
8. The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both Health and Pension. 

9. The Employer hereby adopts the provisions of the Funds' Trust Agreements. 

10. The Trustees of the Funds may assess liquidated damages for any and all delinquent 

payments in amounts, which they, in their discretion, deem justified to offset the added cost of 

collection. 

ARTlCLEZ0, VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation, which is to be 

determined in accordance with the following schedule: 

One year 2 weeks 

Three years 3 weeks 

Eighteen years + 4weeks 

The following three individuals during their employ with the Employer, shall be allowed five weeks 

vacation per year in exchange for continuing to forego any and all wage increases provided in 

Article 36 of the 2012-2017 Contract: 

Fen~•Rdee Alva1 e72: f<., i:-;-t2 E'\d 

Raymond Diaz 

Gerson Damiani 

Employees who do not work a full week (Shape) shall follow the following schedule. Employees 

employed less than three years not to exceed 2 weeks. 

30 days 1 day 165 days 9 days 

60 days 2 days 175 days 10 days 

90 days ' 3 days 187 days 11 days 

120 days 4 days 199 days 12 days 

125 days 5 days 211 days 13 days 

135 days 6 days 223 days 14 days 

145 days 7 days 235 days 15 days 

155ys 8 days 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on 

straight time rates. Mandatory and other authorized deductions such as federal withholding tax, 

social security, etc., will be made from all vacation allowances. The·vacation year shall be from 

January 1 through December 31 of each contract year. All employees hired after June 30 of the 

.contract year will follow schedule above. 

3. The allowed vacation shall be given an employee provided that the employee worked for 

the Employer for at least one, (1) month during the prior contract year. In determining 

vacations, all hours paid for, includ1n'gthose allowed for vacation, shall be included. In addition, 

work hours lost through compensation claims are to be considered hours worked provided the 

employee has worked at least thirty, (30) days in that contract year. 

4824-7634-6193 v.l 00434 
32-43 49th Street, Long Island City, NY 11103 

Ph.718) 726-2525 • Fax (718) 726-7037 

Teamster9 

John "Buddy" Sullivan 

President 

~=-LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty fJeyers 

.Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

&c.'d a/9 /1 <

J To: Health and Pension Funds 

@

From: Tony Storz 

Subject: GES 

6800 Santa Fe Drive Hodgkins, II 60525 - Contribution letter 

Date: March 9, 2015 . 

The above employer has signed an agreement effective from October 1,2014 

to September 30,2020. 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cl)nts ($8.23) for all 

straight hours effective October 1, 2014 thru September 30, 2020. ' 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($ 16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees ofTeamster Local No. 807 

within thirty (3 0) days of the month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours .. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, includin~ regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall sontnbute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for eacnpaid day. · 

The rate of contribution to the Health Fund, effective October!, 2014, shall be $7.94 per hour. October 1, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

$9. I 9 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. www.Team1itersLocal807.com.org.net 

00435 
A

~t, 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October 1, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October !, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9 .9 l 5 per hour. · Effective October 1, 2017 the rate shall be $10.3 65 per hour. Effective October 1, 20 l 8 

the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9 .20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00436 

• 
PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term o~ndition ofemployment, in any classificati~s better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred ( I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (1) seniority list at any one(!) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October I, 2015 

the rate shall be $8. 19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October 1, 2017 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2014 and to be paid as follows: · 

5 

00437 
c 

_ ., ---·--o -HJ '"1 ................u 1 £"'.l-'vawo ,1J...,11uu, au i.:.111μ1uy~t: 1::; pam oy me.b1np1oyer tor less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Em~loye~ shall contrib~te, • prevailing r~te, to the Pension Fund on L,f'!'!I vf said Employee for each paid 

straight tune and overtune hoi:tr, up to a maximum of five hundred twenty (.,20) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfof said Employee for eight (8) 

hours per day for each pay day. 

The rate ofcontribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective 

October I, 2018 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ 11.265 per 

hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be$7.85 per 

hour. 

Effective October l, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9 .20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

00438 

6 
,., ....,.,.u Y"-'Lauu 1.:, .:,1,.,1 v1:;u upvu lu.c:: .c111pwyer via oramary mall by the Actmm1strator of the Funds, and copies are 

sent to the Union, Pension a~r Health Trustees, and if said default is :1id within five (5) working days 

after said notice ofdefault, t9he provisions for arbitration shall be dee .. . ance!ed withdrawn and waived 

by the Employer and the Umon shall thereupon order and enforce a strike against the Employer in default, 

which shall not he considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of_the 

Employer. The Administrator shall forthwith report in writing the resultsCJ'hny inspection or interview. · 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520Y hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1 , 20 I 4 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be $6.00 per 

hour. Effective October 1, 2016, the sum will be $6.25 per hour. Effective October 1, 2017, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7.00 per hour. 

For all overtime hours effective October 1, 2014, the sum will be $11.50 per hour. Effective October 1, 2015 

the sum will be $12.00. Effective October 1, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October 1,2018 the sum will be $13.50. Effective October 1,2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the proyisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. Ali foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation ofa·new position for the Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for tr~veling'time, meals and 

hotel expenses. • 

B. All Employees sent beyond a radius ofsixty-five (65) miles from garage, not including Long Island, 

7 

00439 
,~k • J 32-43 .tree!, Long Island City, NY 111 03 Teamsters . Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

,. 

c, ·~ 

' 

' 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary•Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

,2.._ ~'d 1/1c:,J11c 

MEMORANDUM 

To: Health and Pension Funds 

From: Lu Herrera 

Subject: Gentlemen's Sheet Metal 

Date: January 13, 2016 

The above employer has signed an agreement effectiye from December 1, 2015 

to November 30,2020. 

PENSION FUND: 

The Companr ad.optsJhe terms'aij~_c::~il~ition~ of, ~he Pertsion Fund's 

Rehabilitation Plan inc'luding the, 4l> c,iit p~r h.o.~r incre~~e per year effective 

December 1st of each CQritract Year~ 

12/1/15 12~1~16{ .. 12-1'-Yf,i 1211/19

4.84 5.29 - ,/:'" !i.'74 ,. .- ., ' ·<; ~.64

HEALTH FUND: > 

12/1/15 .· 1211/15\ ,··12/11~·7 

8.19 8.44:, .. $.6·!:l ·•· 

SECTION 32 CONTRIBUTION LIMITATION$' 

(a) . All of the Health and f,nsjoli Filncj. ~o~ti:jb1:1,tibn$ 'as .set forth in 

Paragraph · ·· ·.· ·, ·•• . ·. · .- · . 

32, n:bmg additional contributions shall be made for c11l hours worked with a 

maximum of eight (8) hours per day and fo~y (40) hours in the Monclay through 

Sunday week. 

(b) No contributions shall be due for any of the following: 



www.TeamstersLocal807.com.org.net 

00440 
' r 

1. Unused sick days for which the employee receives pay pursuant 

to Section 12 above; 

2, Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules 

which shall include, among other things, the requi_rements for eligibility, 

distribution of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and 

regulations governing the administration of the Health and Pension Funds. 

(b) The Trustees of the Health and Pension Funds may assess 

penalties for any and all delinquent payments in amounts which they, in their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said 

Employer via ordinary mail. by the Administrator of the Funds and, if said default is 

not paid within ten ( 10) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of 

the p~eceding month submit to the Administrator of.the Health and Pension Fund a 

statement, under oath, setting forth the names and social security number of all 

employees, both Union and non-Union, who have worked during the preceding month 

in any classification covered by the terms of this agreement and such statement 

shall set forth the 

_contributions made on behalf of such employees. The Health' and Pension Funds 

Administr~tor, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers, The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. SECTION 34 

 

00441 
. " " . 

(a) THE UNION SHALL SERVE A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (I 0) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty.• 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof of service on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (I) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES .. During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The 

benefits of those plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00442 
• ,1 ,.",. • 

PENSION FUND: 

The Company adopts the tertns ' and conditions ofthe Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

I

st of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/1/15 12/1/16 12/1/17 12/1/18 1211/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All ofthe Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section 11 (b )(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees ofthe Health and Pension FUnds shall establish rules which 

shall include, among other things, the requirements for eligibility,.distribution ofHealth 

and/or Pension Fund assets and the rights to bei:iefici-aries thereunder. The Trustees of 

said Funds shall also set forth the rules and regulatiqns governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which,they, in their discretion, deem 

justified to offset the added cost of collection . 

.-

16 

00443 ... 
• 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, if said default is not paid within 

ten (10) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the names and social security number of all employees, both 

Union and non-Union, who have worked during the preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results of any inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NON DISCRIMJNA TION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

termination, and all other terms and conditions of employment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance of the agreement shall remain in full force and effect. 

SECTION 37 CDL LICENSES 

Any employee hired after December 1, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

00444 
32-43 49th Street. Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com

Truck Drivers, Warehousemen, Exposition, Convention and Trade.Show Employees 

Greater New York Vicinity and Metropolitan Area 

-~- John "Buddy" Sullivan Anthony SIDrz Lufferrsra Raymond Asqu/no Gladys Nieves Marty Meyers Scott Brady Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee NDO~ 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Freeman Expositions, Inc.- Contribution Jetter 

Date: April 20, 2017 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($ 16.46), 

effective October 1, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees of Teamster Local No. 807 

within thirty (30) days of the month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A\HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October!, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 20 I 7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8. 94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

{B} PENSION. 

The Employer shall participate in the Local 807 La~!i'm~~ Pension Fund. Contributions by the Employer 

00445 
shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly repo1ting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.815 per.hour. Effective October I, 2019 the rate shall be$ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85-per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C.) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00446 
SECTIONl0 

HEALTH AND PENSION 

A. HEALTII 

The Employer shall participate in the Local 807 Labor-Management Health Fund. Contributions by 

the Employer shall, effective October 1, 2014 be paid as follows: 

J. Where, during any quarterly reporting period, an Employee is paid by an Employe1· for lessthan 

sixty-five ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays 

(whether worked or not), the Employer shall contribute at the prevailing rate, to the health Fund 

on behalf of that Employee for each paid straight time and ove1time hour up to a maximum of 

five hundred twenty (520) hours. 

2. Where, during any quarterly rep01ting period, an Employee is paid by an Employer for sixtyfive (6.5) or more days, including regular days, sick days, Saturdays, Sundays, and holidays 

(whether worked or not), the Employer shall contiibute, at the prevailing rate, to the Health 

Fund on behalfofsaid Employee for eight (8) hours per day for each paid day. 

The rate of contribution to the Health Fund, effective: 

i. October 1, 2014, the rate shall be $7.94 per hour. 

ii. October 1, 2015 the rate shall be $8.19 per hour. 

iii. October 1, 2016 the rate shall be $8.44 per hour. 

iv. October I, 2017 the rate shall be shall be $8.69 per hour. 

v. October 1, 2018 the1-ate shall be $8.94 per hour. 

vi. October 1, 2019 the rate shall be $9.19 per hour. 

3. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

B. PENSION 

The Employer shall participateinthe Local 807 Labor-ManagementPension Fund. Contributions bythe 

Employer shall, effective October 1, 2014 and to be paid as follows: 

1. Where, during any qua1terly reporting period, an Employee is paid by the Employer for less 

than sixty-five {65) days, including regular days, sick days, Saturdays, Sundays, and holidays 

(whether worked or not), the Employer shall contiibute, at the prevailiug rate, to the Pension 

Fund on behalf of said Employee for each paid straight time and overtime hom, up to a 

maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixtyfive ( 65) or more days, including regular days, sick days, Saturdays, Sundays, and holidays 

(whether worked or not), the Employer sball contribute, at the prevailing rate, to the Pension 

Fund on behalf of said Employee for eight (8) hours per day for each pay day. 

The rate ofcontiibution to the Pension Fund for men on the (20) man seniority list: 

i. Effective October 1, 2014, the rate shall be $9.015 per hour. 

ii. Effective October 1, 2015 the rate shall be $9.465 per hour. 

6 

00447 
iii. Effective October 1, 2016 the rate shall be $9.915 per hour. 

iv. Effective October 1, 2017 the rate shall be $10.365 per hour. 

v. Effective October 1, 2018 tbel'ate shall be $10.815 per hour. 

vi. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees: 

i. Effective October 1, 2014 the rate shall lie $6.95 per hour. 

ii. Effective October 1, 2015 the rate shall be $7.40 perbom:, 

iii. Effective October 1, 2016 the rate shall be $7.85 per hour. 

i:v. Effective October 1, 2017 the rate shall be $8.30 per hour. 

v. Effective October 1, 2018 the rate shall be $8.75 per hour. 

vi. Effective October 1, 2019 the l'llte shall be $9.20 per hour. 

Tfan employee pennanently leaves the Higher Rate per hour core for whatever the reason the 

senior most employee within the per hour core shall immediately move up into the higher rate 

pet· hour core and have that amount thereafter contributed on his/her behalfto the PensionFund. 

Tb.ere shall be twenty (20) men in the higher rate pension at all times. 

Pension. cono:ibutions are to be deposited in a separate account, not to be used for other than 

Pensio11 Fund purposes: 

C. REHAB PLAN 

Pension increases shall be as prescribed per the pensionrehab plan. The Employer adopts thete1ms and 

condition of the Pension Rehabilitation Plan. 

D. 1RUST FUNDS: 

I. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or 

their duly designated successors. 

2. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

3. The Trustees shall have the right to acceptthe Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

4. The Trustees shall establish rules, which shall include, among other things, tile requirements of 

eligibility, diso'ibution oftheHealtll and Pension Funds and the rights ofemployees thereunder. 

The Trustees shall set forth the mies mid provisions governing the administration of the Funds. 

Ifthe Trustees do not agree on rules covering the foregoing, a neutral Trnstee shall beadded to 

the Board ofTrustees and the decision of a majority of the Board ofTrustees with respecttothe 

whole or any part of the Health and Pension Funds shall be binding upon the parties hereto. 

S. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in discretion, deem, justified to offset the added cost of 

collection. 

In the event the Employer defaults in payment of pension and/or health contdbutions, or 

7 

00448 
penalties and notice of such default is sel'ved upon the Employer via ordinaiy mail by the 

Administrator ofthe Funds, and copies ai·e sent to the Union, Pension and/01· Health Trustees, 

and ifsaid default is not paid within five (5) working days after said notice of default, then the 

provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer and 

the lJnion shall thereupon order and enforce a stl'ike againstthe Employer in default, which 

shall not be considered a breach ofthis Agreement. The Employer shall withintwenty(20) days 

after each quarter submit to the Adtnimstrator of the Funds a statement. under oath, setting forth 

the naines and social secmity numbers ofall Employees, both Union and nonunion, who have 

worked in the preceding quaiter in all classifications covered by this Agreement and such 

statement shall set forth the contributions made on behalf of such Employees. The Funds' 

Administrator, on his own motion, or at the request ofthe Union shall have the l'ightto inspect 

the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or 

interview. 

6. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on 

behalf of co1porate officers or salaried employees, performing covered employment during a 

quaiterly repo1ting period, shall be for a minimum offive hundred and twenty (520) hours for 

said quarter, at the prevailing rate. 

SECTIONll 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-ManagementDistribution Fund, effective October 1, 2014 

and to be paid as follows: 

A. For the period October 1, 2014 to September 30, 2020 the Employer will contlibute the following: 

l. Effective October 1, 2014 the sum will be $5.75 per hmu-. 

2. Effective October 1, 2015 the sum will be $6.00 per hour. 

3. Effective October 1, 2016, the sum will be $6.25 per hom. 

4. Effective October 1, 2017, the sum will be $6.50 per hour. 

5. Effective October 1, 2018, the sum will be $6.75 per hour. 

6. Effective October l, 2019, the sum will be $7.00 per hour. 

B. For all overtime hours: 

l. Effective October 1, 2014, the sum will be $11.50 per hour. 

2. Effective October 1, 2015 the sum will be $12.00 per hour. 

3. ·-Effective October 1, 2016 the sum will be $12.50 per hour. 

4. Effective October 1.2017 the sum will be $13.00 per hour. 

5. Effective October 1, 2018.the sum will be $13.50 per hour. 

6. Effective October 1, 2019 the sum will be $14.00 per hour. 

C. Each Employee will be paid their pl'O-rata share of the Labor-Management Distribution Fund at the 

conclusion ofthe first payroll period in December in each contract year. 

SECTION12 

8 

00449 
3:,,.,..3 49th Street, Long Island City NY 11103 Teamsters 

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino nge/ Curbelo Gladys Nieves Marty Meyers 

President. Secretary-Treasurer Vice President .Recording Secretary Trustee Trustee . Trustee 

MEMORANDUM 

To: Health and Pension Funds 

From: John Sulllvan 

Subject: 

Date: 

KSFJ CONTRIBUTIOt'IIS 

supplement 

December 22, 2015 

_ 

Pl•••• see attached for the supple~ent 

'f\\:r .. '.''·}:"·· 

~-~;; 

 

www.TeamstersLocalB07.com.org.net 00450 
) . 1' . 

NEW & KARFUNKEL PC ----Attomcysarl.aw 

DavidW.New OfCounsel: 

Benjm,in .A. Kmunltel* . Herl>ettNew" 

*Mcmbc;,:ofNJ &NYB:u:s Ridmd D. B.rown 

1129 Bloomfield Ave Suite 215 West Caldwell, NJ 07006 

P: 862.210.8220 F: 862.210.8361 

Send.ts Eau.ii: dnew@oewandnewlaw.com 

WWWJJCW1t1dkufunkelcom 

December 10, 2015 

Buddy Sullivan 

Local Union 807 

32-43 49111 Street 

Long Island City, New York 11103 

Re: KSFJ Group 

Dear Buddy: 

This letter will serve to supplement the Contract between Truck Drivers 

Local Union No. 807 and the KSFJ Group for the period December 1, 2015 through· 

November 30, 2020. 

The following schedule sets forth the hourly contribution rates due.from a 

Company to the Local 807 Pension Fund for employees hired prior to December 1, 

1978: 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

$5.99 $6.44 $6.89 $7.34 $7.79 

All other terms and conditions ofthe Agreement shall remain in full force and 

effect 

Please sign where indicated below. 

Very truly yours, 

DAVIDW.NEW 

DWN/gms 

.. 

00451 
·.,:" 

. .For the Union For the Company 

International Brotherhood of Kamco Supply Corp. Teamsters, Chauffeurs, Warehousemen 

Local 807, and Helpers of America 

NEW & KARFUNKEL PC 

---Atromqo1a1law ---

00452 
2014-2020 

RIGGING AND MACHINERY MOVERS 

AND TRADE SHOW DIVISION CONTRACT 

Between 

TRUCK DRIVERS LOCAL UNION NO. 807 

And 

AGREEMENT entered into between Expo Advantage hereinafter called the "EMPLOYER" and TRUCK DRIVERS 

LOCAL UNION NO. 807, hereinafter called the "UNION" to govern all hours, wages and working conditions set forth 

from the I st day of October 2014 through the 30th day of September 2020. 

SECTION 1. 

UNION RECOGNITION 

A. The Employer recognizes the Union as the sole and exclusive collective bargaining representative of all 

its employees who pick up, haul, load or unload displays, freight, material(s), machinery, tools and/or 

equipment or assist in same, who operate ( or assist to operate) the machinery, equipment, tools, and/or 

vehicles by which such work is performed or which is related to such work (e.g. hilo, bulldozer, truck) 

and all other employees performing the kind of work described herein. 

B. All pick-ups, hauling, loading and/or unloading of displays, freight material(s), machinery, tools and/or 

equipment and the operation of all machinery, equipment, tools and/or vehicles by which such work is 

done or which is related to such work, and other work customarily done by the Employer's employees 

shall be performed only by the Employer's employees covered by this Agreement. 

C. The terms "Employee" and "Employees" as hereinafter used are intended to refer solely to all persons 

within the collective bargaining unit covered by this Agreement. 

D. All men who pick up, haul, load or unload freight, material(s), and machinery in connection with a 

rigging job shall be covered by this Agreement whether or not they actually handle rigging 

equipment. A man who drives a truck regardless of size, which is equipped with a fall, shall be 

classified as a Rigging Chauffeur whether or not the fall is actually used. 

E. For the purpose of this Agreement the Employer agrees to refrain from using the services of any 

person who does not observe the wages, hours and conditions of employment set forth in this 

Agreement. 

F. In all cases hired or leased equipment shall be operated by an Employee of the Employer and such 

Employee shall be paid pursuant to the terms ofthis Agreement. The Employer expressly reserves 

the right to control the manner, means and details of, and by which, the operator of said hired or 

leased equipment performs his services as well as the ends to be accomplished. 

00453 

1 
SECTIONS. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, terms and conditions shall continue in full force and 

effect and shall not be modified because ofthe terms and conditions ofthis Agreement. , 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on 

a job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided 

such Employee is qual_ified for_ such work. 

C. Any Employee working thirty (30) days in one hundred (100) shall be placed on the seniority list as 

of his first day of hire. No Employee may be on more than one (I) seniority list at any one(!) time. The 

seniority list is frozen at twenty (20) men for this contract. 

.D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. If the union is involved in a picket line at a show site, the most senior man on the picket line shall be put 

to work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than 

sixty-five (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked 

or not), the Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee 

for each paid straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five 

(65) or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or 

not), the Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for 

eight (8) hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October 1, 

2015 the rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the 

rate shall be shall be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October I, 2019 the 

rate shall be $9.19 per hour. Health contributions are to be deposited in a separate account, not to be used 

for other than Health Fund purposes. 

(B)PENSJON 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

5 00454 
c 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than 

sixty-five (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked 

or not), the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee 

for each paid straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five 

(65) or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or 

not), the Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee 

for eight (8) hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 

2014, shall be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 

1, 2016 the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. 

Effective October 1, 2018 the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 

11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 

per hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 

~~ . 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 

per hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have 

that amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in 

the higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition ofthe Pension Rehabilitation Plan. 

TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension an~ healt_h benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The 

Trustees shall set forth the rules and provisions governing the administration of the Funds. Ifthe Trustees 

do not agree on rules covering the foregoing, a neutral Trustee shall be added to the Board of Trustees and 

the decision of a majority of the Board of Trustees with respect to the whole or any part of the Health and 

Pension Funds shall be binding upon the parties hereto. 

e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

6 00455 
32--th Street, Long Island City, NY 11103 Teamstt15 P ~(718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Anthony Storz Lu Herrera Angel Curbelo Gladys Nieves Marty Meyers 

Secretary-Treasurer Vice President Trustee Trustee Trustee 

, ...-·· 

To: Health and Pension Funds \

From: Tony Storz 

SUBJECT: EXPO PLUS, INC I 055 RESEARCH CENTER, 

ATLANTA DRIVE 

ALANTA GA 30331 

404 699-0650 

Date: August 19, 2016 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 20 I 4 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees ofTeamster Local No. 807 

within thirty (30) days of the month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A}HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or. 

more days, including re_gul~r days, sick ,days; Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, ·at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7. 94 per hour, Octob_er 1, 201 5 the . 

rate shall be $8.19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October 1, 2017 the rate.shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be · 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

www. Teamsterslocal807 .net 

(B) PENSION 

00456 
The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each ·paid 

straight time and overtime hour, up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October l, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October l, 2017 the rate shall be $10.365 per hour. Effective October l, 2018 

the rate shall be $10.815 per hour. Effective October l, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 20 l 4 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October l, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 20 I 9 the rate shall be $9 .20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

0045
SECTION 10. 

HEALTH AND PENSION 

(A}HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 20 I 4 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October I, 2014 the rate shall be $7 .94 per hour. 

October I, 2015 the rate shall be $8. I 9 per hour. 

October 1, 2016 the rate shall be $8.44 per hour. 

October 1, 2017 the rate shall be $8.69 per hour. 

October I, 2018 the rate shall be $8.94 per hour. 

October 1, 201 9 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October 1, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfofsaid Employee•for each paid 

straight tilne ;nd c,vertime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailmg rate, to the Pension Fund on behalf of said Employee for. eight (8) 

hours per day for each pay day. 

6 

00458 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October I, 2014 the rate shall be $9.015 per hour. 

Effective October I, 20 I 5 the rate shall be $9 .465 per hour. 

Effective October 1, 2016 the rate shall be $9.915 per hour. 

Effective October 1,2017 the rate shall be SJ0.365 per hour. 

Effective October 1, 2018 the rate shall be$! 0.815 per hour. 

Effective October 1, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October 1, 2014 the rate shall be $6.95 per hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be S7.85 per hour. 

Effective October J, 201 7 the rate shall be $8.30 per hour. 

Effective October 1, 2018 the rate shall be $8. 75 per hour. 

Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his,11er behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contxibutions shall be made to the Trustees ofthe Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements. of 

eligibility, distribution ofthe Health and Pension Funds and the rights of employees thereunder. The Trustees . 

shall set forth the rules and provisions governing the administration of the Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees an.cl.the decision ofa 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties her.et_o. 

00459 

c 

7 
,Cj4

w 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment ofpension and/or health contributi.ons, or penalties and μolice ofsuch default is 

· served upon the Employer via orinary mail by the Administrator ofthe Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and if said default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which shall not be 

considered a breach ofthis Agreement. The Employer shall within twenty (20) days after each quarter submit to 

the Administrator ofthe Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the right to 

inspect the books and/or records relative to such statement and to interview all Employees ofthe Employer. The 

Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health andior Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum offive hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will he $5. 75 per hour. 

Effective October 1, 2015 the sum will be $6.00 per hour. 

Effective October 1, 2016 the sum will be $6.25 per hour. 

Effective October 1, 201 7 the sum will be $6.50 per hour. 

Effective October 1, 2018 the sum will be $6.75 per hour. 

Effective October 1,2019 the sum will be $7.00 per hour. 

For all overtime hours 

Effective October I, 2014 the sum wilJ be $11.50 per hour. 

Effective October I, 2015 the sum will be $12.00 per hour 

Effective October I, 2016 the sum will be $12.50 per hour 

Effective October I, 2017 the sum will be $13.00 per hour. 

Effective October ·1, 2018 the sum will be $13.50 per hour 

Effective October I, 2019 the sum will be $14.00 per hour 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

• 

8 

00460 
' 

&.,9th Street, Long Island City, NY 11103 TeamstA Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: loca';,107@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area ·-- To: 

From: 

Subject: 

Date: 

John "Buddy" Su//lvan Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

DUM //k~l•sl,> 

Health and Pension Funds 

Tony Storz 

Eagle Management Group - Contribution letter 

February 20, 2015 

The above employer has signed an agreiim,ent:effective from Ocitober 1,2014 

to September 30,2020. 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are, {o be m11de into the 

Local 807 Profit Sharing Fund in the sum of eight clqllars and twenty-three cents ($8:23) for all 

straight hours effective October I, 2014 thruSeptember:30;,2020 .. 

And for all double tiine hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October 1, 2014 thru September 30,2020 ,for all <louble time overtime ..The. P.rofit Sh11Jing 

shall be paid for all hours such as holid,iy's, sick clays at\cl>allother paid days. · 

Employers will provide individual writteri~qti~~l,ii!Lemployees ofTeamster Local No. 807 

within thirty (30) days ofthe month end ofa!l~i!.!tr~~~e~tsrnadfbymi)l,i1ployprinthe 

member's name. ·· . : 'f/\/\/··'~ff:.. \··· .- . . a•.- \ ·::_ ··.. ·.. 

llt~'.f~i~~~SION 

A}HEALTH • _;..,,./. .. . . .·. .,< 

The Employer shall participate in the I,;99~\?~.Q7Lli:i1⁄2'ttMii:nagementHealih:''f,J))'i¥ 

Contributions by the Employer shall, effec:t.iye 0i;f9JjjifI, 2014 be. paid 8$f<!l!Q:W.S ·· < '-".,•"/.•-••.•":":•, '.;.,,, ;~;.•; ''•' '. .. ' l -~• ,· :,. - ('• 

1. Where, during any quarterly reportilig peri9~, l!ll.Employee is pa.icl by an Employer for less than sixty-five 

(65) days, including regular CUIYS, sick days; Ssi~ys, Sundays, an.cI;holid!tys (whether worked or not), the 

Employer shall contribute at the prevailing fi!.1e;thi9J'~iff~~ltli Fund.on Jjehaifof that Employee for each paid straight 

time and overtime hour up to a maximum offive~u:gwe-dtwenty{520) hours; · 

2. Where, during any quarterly reporting period, an Employee is paid by an Emp-loyer for sixty-five (65) or 0 

more days, including regular days, sick days, Saturdays, Sundays, and holi(lays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October 1, 2015 the 

rate shall be $8. 19 per hour. October I, 2016 the rate shall be $8.44 per hour. O.ctober I, 20 I 7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 201.\) the rate shall be 

$9 .19 per hour. Health contributions are to be deposited in a separate account, not to be us,ed· for other than Health 

Fund purposes. 

(B) PENSION TeamstetsLocal807 c.om Qrg rwt 

The Employer shall participate in the Loca1W· Labor-Managemeni l'en·s1ori rund. Contributions by the Employer 00461 
shall, effective October I, 20 I 4 and to 

•

be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective Octo&er 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7 .85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9 .20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00462 
. SECTION 8. u 

PRII BENEFITS - MAINTENANCE OF STANDARDS 

If wages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, tenns and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

,. • SENIORIT~ CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (100) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (1) seniority list at any one (1) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health.Fund on behalf ofthat Employee for each paid 

straight time and overtime hour up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period,.an Employee is.paid byan Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October 1,2015 

the rate shall be $8. 19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October l, 201 7 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October l, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B) PENSION 

5 

00463 
employer shall, etlective October 1, 2014 and to be paid as follows: 

1. Where, during an}9terly reporting period, an Employee is pu. tl.e Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Sature:!ays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective 

October 1, 2018 the rate shall be$ 10.815 per hour. Effective October l, 2019 the rate shall be$ I 1.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October 1, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October 1, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee pennanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the tenns and 

condition ofthe Pension Rehabilitation Plan. 

(ill TRUSTFUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to aC"Cept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. · · · 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds-and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

00464 

c 

6 
In the event the Employer -Itsin payment ofpension and/or health cautions, or penalties and notice of 

such default is served upo1 Employer via ordinary mail by the Adm· tor of the Funds, and copies are 

sent to the Union, Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working days 

after said notice ofdefault, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum wi]] be $5.75 per hour. Effective October I, 2015 the sum will be$6.00 per 

hour. Effective October I, 2016, the sum will be $6.25 per hour. Effective October I, 20 I 7, the sum will be 

$6.50 per hour .Effective October I, 2018, the sum will be $6.75 per hour. Effective October I, 2019, the sum 

wiil be $7.00 per hour. 

For all overtime hours effective October I, 2014, the sum will be$! I .50 per hour. Effective October 1, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

wiil be $13.00 per hour. Effective October I, 2018 the sum will be $13.50. Effective October 1, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

ofthe first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

7 

00465 
;.-9th Street, Long Island City, NY 11103 TeamstA Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: loca·,no7@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

' 

To: 

From: 

Subject: 

Date: 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

NDUM, / /1.. I•31 , ' 

Health and Pension Funds 

Tony Storz 

Eagle Management Group - Contribution letter 

February 20, 2015 

The above employer has signed an agre&ff!~nt.effective frcim O(#tciber 1,2014 

to September 30,2020. 

Profit Sharing Fund 

The Employer has agreed that conlributions e>n the Employees' behalf are. to be made into the 

Local 807 Profit Sharing Fund in the sum of eight. dollars and twenty-thtee cents ($8:~3) for all 

straight hours effective October I, 2014 thru Septembei'J0,2020 .. 

And for all double time hours at the sum of ·sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 thru September 30,2020 for all\fouble time overtime. _The Profit Sharing 

shall be paid for all hours such as holiday's, sick days a11d. a\tother paid days. · 

Employers will provide individu;il written not)c;ii'f9)tli'.employees ofTe;imster Local No. 807 

within thirty (30) days ofthe month end ofall lllliiyjiy'R,'.w;entsipade by theJlinpJoy§r in the 

member's name. ··.\ ;_,:·:~_-;:{J···-' ~ '.- •·· 

HEALTH 

. . - . , , - ~\~jN$ION -. ···-:r ::•·· .. 

A} HEALTH .. · ...;. -,:: i, , . . ·• . ·• , • 

The Employer shall participate in the 1,c:JcaJ:'807 LaJj<>i-~¥,anagement Healthfti.nc!i, 

Contributions by the Employer shall, effective. Octob¢f I, 2014 be paid as fcil!q\\'.s . · ., ,-·-;· .. ,.. -.- ~···.· ·.,;-:,._·. ", ., . . .. • _- __...._•_, ,,_..' 

I. Where, during any quarterly reporting periqd, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days; S1;1i\lrdays, Sundays, ancl ;holicjays (whether worked or not), the 

Employer shall contribute at the prevailing rate; to-t~¥J~a!tli Fund on b'ehaifbf tliat Employee for each paid straight 

time and overtime hour up to a maximum offive Jnfii'.clred.eyenty (520) hours. 

2. Where, during any quarterly reporting' period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8. I 9 per hour. October I, 20 I 6 the rate shall be $8.44 per hour. October I, 20 I 7 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

CB} PENSION ww. TeamstersLocal807,c.om.QrQ.net The Employer shall participate in the Local llu'ff Labor-Management l'enstoll J:'und. Contributions by the Employer 00466 
shall, effective October I, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate; to the Pension Fund on behalf ofsaid Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October 1, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the rate 

shall be $9,915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be$ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October 1, 2015 the rate shall be $7.40 per hour. Effective October I, 20 I 6 the rate shall be $7 .85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00467 
~ SECTION 8. 4i 

PRI~ BENEFITS - MAINTENANCE OF STANDARDS 

If wages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, tenns and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one ( 1) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. If the union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October l, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive ( 65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum offive hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, artlie prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October 1,2015 

the rate shall be $8.19 per hour. October 1, 2016 the rate shall be $8.44 per hour. October l, 2017 the rate shall 

be shall be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than 

Health Fund purposes. 

(B) PENSION 

5 

00468 
tmployer shall, etlective October l, 2014 and to be paid as follows: 

i. Where, during an}Ui-terly reporting period, an Employee is pc@ tile Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October l, 20 I 4, 

shall be $9.0l 5 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October l, 2016 

the rate shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective 

October I, 20 l 8 the rate shall be $10.8 l 5 per hour. Effective October I, 2019 the rate shall be$ l l.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October I, 2014 will be $6. 95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for botl1 pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. If the Trustees do not agree 

on mies covering the foregoing, a neutral Trnstee shall be added to the Board ofTrustees and the decision ofa 

majority ofthe Board ofTrnstees with respect to the whole or any part ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trnstees ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

00469 

c 

6 
In the event the Employer .Itsin payment ofpension and/or health cautions, or penalties and notice of 

such default is served upo1 Employer via ordinary mail by the Adm· tor of the Funds, and copies are 

sent to the Union, Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working days 

after said notice ofdefault, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers ofall Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalfof 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview a11 Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be$5.75 per hour. Effective October I, 2015 the sum will be$6.00 per 

hour. Effective October I, 2016, the sum will be $6.25 per hour. Effective October I, 2017, the sum will be 

$6.50 per hour .Effective October I, 2018, the sum will be$6.75 per hour. Effective October I, 2019, the sum 

will be $7.00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October I, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October I, 2018 the sum will be $13.50. Effective October I, 2019 the sum 

will be $ I 4.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

ofthe first payroll period in December in each contract year. 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to by the Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward shall forward a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

TRAVELING 

A. All Employees sent outside ofthe Metropolitan District are to be paid for traveling time, meals and 

hotel expenses. 

7 

00470 
3. 49th Street, Long Island City, NY 11103 Teamstdf>s Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

' 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers

ND~nt Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

(Ga'"<-' cl )_~ ,;jI r" 

To: Health and Pension Funds ~ From: Tony Storz 

Subject: CSI- Contribution letter 

40 Regency Plaza Glen Mills, Pa 19342 

Date: March s'h, 2015 

Profit Sh:uini,Fund 

The Employer has agreed that contributions 011 the Empioyees' .behalf ~e to ,be made into the 

Local 807 Profit Sharing Fund in.the sum of eight doll~ and, tw,e11ty-thi-ee:'cents ($8.23) for all 

straight hours effective October I, 2014 thru September30, 2020.· · · 

And for all double time hours at the sum of sixt¢en ..dollars and forty-six cents ($16,46), 

effective October I, 2014 thru Septe.nber 30,2020 for alld<:>u~le thμe overtime. The.Profit Sharing 

shall be paid for all hours such as holiday's, sick days and affother paid days. · · · 

Employers will provide iridividu,il written notice to al!(e,mployees ()fTeamsterLbcal No. 807 

within thirty (30) days of the month .end ofall annuity paYJi!en,ts mi\d~ by thci E1Dplbyer in the 

member's name. · · ·· · '.· 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labot-1.1/jnagementffealth Fu11d, 

Contributions by the Employer shall, effective Octo.ber I; 2014 be paid as foHqws 

I. Where, during any quarterly reporting period, an Efuployeejs paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays,' Simclays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the he,al~ Fund 'on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum offive hundred tw~nty(520):hours. 

2. Where, during any quarterly reporting period, an Employee· is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays; and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour. October ·1, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

$9. I 9 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

www.TeamstersLocal807.com.org.net 00471 
(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October 1, 2018 

the rate shall be $10.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1, 201,; will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

< ' 

00472 
SECTION 8. 

PRIOR BENEFITS - MAINTENANCE OF STANDARDS 

Ifwages or any other term or condition of employment, in any classification, is better, higher or superior to 

those provided in this Agreement, then such wages, tenns and conditions shall continue in full force and 

effect and shall not be modified because of the terms and conditions of this Agreement. 

SECTION 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle of seniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof, to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one (I) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

E. Each employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. Ifthe union is involved in a picket line at a show site, the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate ofcontribution to the Health Fund, effective October 1, 2014, shall be $7 .94 per hour. October I, 2015 

the rate shall be $8. I 9 per hour. October 1,2016 the rate shall be $8.44 per hour. October 1,2017 the rate shall 

be shall be $8.69 per hour. October 1, 2018 the rate shall be $8.94 per hour. October l, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not. to 1,e used for other than 

Health Fund purposes. 

5 

00473 
The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective l'ber 1, 2014 and to be paid as follows: • 

1. Where, during any q11arterly repnrtine period, an Rmployee is paid by the Employer for Jess than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfofsaid Employee for each paid 

straight time and overtime hour, up to a maximum offive hundred twenty (520) hours. 

2. Where, during anyquarterlyreporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfofsaid Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, 

shall be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 

the rate shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective 

October 1, 201 8 the rate shall be $10.815 per hour. Effective October I, 2019 the rate shall be $ 11.265 per 

hour. 

The rate ofcontribution to the Pension Fund for all other employees, effective October], 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October 1, 2016 the rate shall be $7.85 per 

hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ID TRUST FUNDS: 

a. The Trustees ofthe Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The· Employer shall forward his 

contributions to the Funds at periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which· shall include, among other things, the requirements of 

eligibility, distribution ofthe Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration ofthe Funds. Ifthe Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority ofthe Board ofTrustees with respect to the whole or anypart ofthe Health and Pension Funds shall be 

binding upon the parties hereto. 

00474 

c 

6 
., .. ..-., --··- ···---,.· - J, ., 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. 

In the event the Employer 811tsin payment ofpension.and/or health Cl.Utions, or penalties and notice of 

such default is served upon the Employer via ordinary mail by the Administrator of the Funds, and copies are 

sent to the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working days 

after said notice ofdefault, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrator ofthe Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right to inspect the books and/or records relative to such statement and to interview all Employees of the 

Employer. The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTION 11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October I, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October I, 2014 the sum will be $5.75 per hour. Effective October 1, 2015 the sum will be$6.00 per 

hour. Effective October 1, 2016, the sum will be $6.25 per hour. Effective October 1, 2017, the sum will be 

$6.50 per hour .Effective October 1, 2018, the sum will be $6.75 per hour. Effective October 1, 2019, the sum 

will be $7.00 per hour. 

For all overtime hours effective October I, 2014, the sum will be $11.50 per hour. Effective October I, 2015 

the sum will be $12.00. Effective October I, 2016 the sum will be $12.50. Effective October 1.2017 the sum 

will be $13.00 per hour. Effective October 1, 2018 the sum will be $13.50. Effective October 1, 2019 the sum 

will be $14.00. 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

<' • 

SECTION 12. 

STEWARDS 

The Union shall appoint one Employee for each Employer to act as Shop Steward. The Shop Steward's sole 

duty as such shall be to make certain that the provisions ofthis Agreement are adhered to bythe Employer and 

the Employees. The Shop Steward shall be last man to be laid off before the employer selected foreman, and 

shall not be discriminated against under any circumstances. All foremen shall report their daily labor call to the 

shop steward and the steward.shall fonyard a copy ofthe calls to the union on a daily basis. However, this will 

not result in the creation of a new position for the Employer. 

SECTION 13 

TRAVELING· 

7 

00475 
Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 . ' . ~ . 

32-43 49TM Street 

Long Island City, NY 11103 

And 

DRAPERY MAINTENANCE 

CORPORATION 

21-07 BORDEN AVENUE 

LONG ISLAND CITY, NEW YORK 11101 

. April 11 2018 thru March 31,2023 

00476 
Article 19. HEALTH and PENSION FUND 

1. The Employer shall participate in the Local 807 Labor-Management Health and Pension Fund 

("Funds"). To provide the benefits prescribed by the Trustees ofthe Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective April 1, 2018 Health Fund shall be$ 8.94 

Effective April 1, 2019 Health Fund shall be$ 9.19 

Effective April 1, 2020 Health Fund shall be$ 9.44 

Effective April!, 2021 Health Fund shall be$ 9.69 

Effective April 1, 2022 Health Fund shall be $ 9 .94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective April 1, 2018 Pension Fund shall be$ 10.815 

Effective April 1, 2019 Pension Fund shall be$ 11.265 

Effective April 1, 2020 Pension Fund shall be $11.715 

Effective April 1, 2021 Pension Fund shall be$ 12.165 

Effective April 1, 2022 Pension Fund shall be$ 12.615 

The Employer adopts the te1ms and conditions ofthe Pension F1md's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation 

Plan as amended as if said contribution schedule was set forth in this Agreement. 

2. Contributions to the Health and Pension Funds shall be made on all hours paid, with a maximum of 

eight- (8) hours per day. All contributions shall not exceed 40 hours per week. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions ofintelpretation 

concerning the requirements to make contributions or portions thereof, the Employer shall not be 

deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer shall pay the amount due, 

including interest, retroactive to the date ofthe delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll 

records for the pwpose of checking the accuracy ofthe contributions required to be made by the 

Employer to the Funds. Ifthe Employer fails to make the contributions provided for herein withm the 

time required by the Funds' trusts agreement and the rules and regulations of each ofthe Funds, then 

the Trustees may cancel out the benefits coverage for such bargaining unit employee on whose account 

the Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with 

said instructions ofthe Trustees in filling out such forms. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly designated 

successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8 

00477 

• 
8. The Trustees shall establish rules, which shall include, among other things, the requirements for 

eligibility and distribution ofthe assets. The Trustees shall also set forth the rules and procedures 

governing the administration ofthe Funds. Ifthe Trustees fail to agree on said rules and/or procedures, 

a neutral Trustee shall be added to the Board ofTrustees and the decision of a majority ofthe Board of 

Trustees with respect to the whole or any part ofthe Health and Pension Funds shall be binding upon 

the parties hereto. 

9. The Trustees ofthe Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, in their discretion, deem justified to offset the added cost ofcollection. 

ARTICLE 20. VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation, which is to be determined in 

accordance with, the following schedule: 

one year - 2 weeks 

three years - 3 weeks 

fifteen years - 4 weeks 

twenty years - 5 weeks 

thirty years- 6 weeks 

2. The pay for the vacations shall be paid in advance ofthe vacation and shall be based on straight time rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., will be made 

from all vacation allowances. The vacation year shall be from April l through March 31 of each contract year. 

All employees hired after September 30 ofthe contract year will receive !day vacation for each 30 days 

worked for the following contract year not to exceed five days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the Employer for 

at least six (6) months during the prior contract year. In determining vacations, all hours paid for, including 

those allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to 

be considered hours worked provided the employee has worked at least thirty, (30) days in that contract year. 

4. In any case, where any ofthe holidays covered in this Agreement occur during the vacation period ofany 

employee, said employee shall have the choice ofan extra eight (8) hours vacation with pay or an additional 

eight (8) hours pay for such holiday. 

5. The Company shall determine the vacation schedule each year and shall give preference to the senior 

employees. Employees who are discharged by the Company for cause and those who terminate their 

employment shall be paid their accrued allowance. 

6. The vacation'period will be fro!I\April 1 to March 31. The Company will post a vacation schedule by 

March 1 and all vacation picks must be posted no later than March 31. All employees who fail to pick their 

vacation weeks by March 31 will forfeit their right to piclc by seniority. 

7. All employees may elect to take up to (2) two weeks vacation in slngle day increments. 

8. An additional hour's pay shall be given to·each employee for each credited day of vacation earned, up 

to amaximum. 

One year- five hours 

Two years- ten hours 

Ten years- fifteen hours 

Fifteen years- twenty hours 

9 

00478 

,, 
• 32.49th Street, Long Island City, NY 11103 Teamsters 

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

.,,,_,,__w' 

John "Buddy" Sul/Ivan Anthony Storz Lu Herrera Raymond Asqulno Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

fZec'r}__ ,10)2.Jjis 

/ C). M. l. 

MEMORANDUM 

To: Health and Pension Funds 

From: Lu Herrera 

Subject: Complete Spiral 

Date: October 28, 2015 

The above employer has signed an agr-ment effective from November 1, 2015 

to October 31, 2018 

The employer has agreed to make the following contributions to the Health Funds: 

HEALTH BENEFITS 

During the term ofthis agreement the employer shall participate in the Local 807 Labor- Management Health 

Fund ("Health Fund'). The benefits ofthat program shall be those prescribed by the Trustees of the Fund. 

a) The employer shall contribllte: 

11-1-2015 11-1-2016 11-1-2017 

$8.19 $8.44 $8.69 

PENSION BENEFITS 

The Employer shall participate in the Local 807 Labor-Management Pension Fund ("Pension Fund"). In order to 

provide the benefits prescribed by the Trustees of the Pension Fund, the Employer shall continue to make contributions to 

the Pension Fund. The Employer is currently paying the amount of $8.8150 per hour for each covered employee. As of 

November l, 2014 the Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with all future 

amendments. The E':'ployer agrees to pay the $.45 per hour annual contribution increases ~equired by the current 

Rehabilitation Plan for each year of this Agreement, as amended, as if said contribution schedule and provisions were set forth 

in this Agreement. 

(a) The employer shall contribute: 

11-1-2015 11-1-2016 11-1-2017 

$9.2650 $9.7150 $10.1650 

 

www.TeamstersLocal807.com.org.net 00479 

' 
CUNTl{IBUTlUN LlMlTATJUN 

(a) All ofthe Health and Pension ~ Fund contributions as set forth in Sections 

•

29 and 30, including additional 

contributions shall be made for all hours worked with a maximum of40 hours in the Thursday through Wednesday 

week. 

(b) No contribution shall be due for unused sick days for which the employee is paid a lump sum at the end of the 

contract year, on vacation pay where an employee works during his vacation and receives double pay for that period or for 

jury duty pay. 

HEALTH and PENSION MISCELLANEOUS RULE 

(a) The Trustees of the Health and Pension Funds shall establish rules, which shall include, among other things, 

the requirements for eligibility, distribution of Health and/or Pension Fund assets and the rights of 

beneficiaries there under. The Trustees of said Funds shall also set forth the rules and regulations governing 

the administration of the Health and Pension Funds. 

(b) The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in their discretion, deem, justified offsetting the added cost of collection. 

(c) In the event any employer defaults in the payment of Health and Pension Fund 

contributions or penalties and notice of such default is forwarded to said employer via ordinary mail by the 

Administrator of the Funds and, if said default is not paid within ten ( I 0) working days after said notice of 

default was mailed, then the provisions for arbitration under this agreement shall be deemed canceled, 

withdrawn and waived by said employer and the Union shall thereupon order and enforce a strike against 

said employer in default which shall not be considered a breach of this agreement. 

(d) Each employer shall within twenty (20) days following the last day of the preceding month submit to 

the Administrator of the Health and Pension Funds a statement, under oath, setting forth the names and 

social security numbers of all employees, both Union and non-Union, who have worked during the preceding 

month in any classification covered by the terms of this agreement and such statement shall set forth the 

contributions made on behalf of such employees. The Health and Pension Funds Administrator, on his own 

motion, shall have the right to inspect the books and/or records relative to such statement and to interview 

all covered employees of the employers. The Administrator shall forth with report, in writing, the results of 

any inspection or interview to the employers and the Trustees. 

 00480 
a) The employer shall contribute: 

11-1-2015 11-1-2016 11-1-2017 

$8.19 $8.44 $8.69 

SECTION 30. 

PENSION BENEFJTS 

The Employer shall participate in the Local 807 Labor-Management Pension Fund ("Pension 

Fund"). In order to provide the benefits prescribed by the Trustees of the Pension Fund, the Employer 

shall continue to make contributions to the Pension Fund. The Employer is currently paying the 

amount of $8.8150 per hour for each covered employee. As of November 1, 2014 the Employer adopts 

the terms and conditions of the Pension Fund's Rehabilitation Plan along with all future amendments. The 

Employer agrees to pay the $.45 per hour annual contribution increases required by the current 

Rehabilitation Plan for each year of this Agreement, as amended, as if said contribution schedule and 

provisions were set forth in this Agreement. 

(a) The employer shall contribute: 

11-1-2015 11-1-2016 11-1-2017 

$9.2650 $9.7150 $10.1650 

SECTION31 

CONTRIBUTION LIMITATION 

•· 

(a) All of the Health and Pension Fund contributions as set forth in Sections 29 and 30, including additional 

contributions shall be made for all hours worked with a maximum of40 hours in the Thursday through 

Wednesday week. · 

(b) No contribution shall be due for unused sick days for which the employee is paid a lump sum at the end 

ofthe contract year, on vacation pay where an employee works during his vacation and receives double pay 

for that period or for jury duty pay. 

SECTION 32 

HEALTH and PENSION .MISCELLANEOUS RULE 

00481 

15 
A

~~:1 

(a) The Trustees of the Health and Pension Funds shall establish rules, which shall include, among 

other things, the requirements for eligibility, distribution of Health and/or Pension Fund assets 

and the rights of beneficiaries there under. The Trustees of said Funds. shaJI also set forth the 

rules and regulations governing the administration ofthe Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for any and all 

delinquent payments in amounts, which they, in their discretion, deem, justified offsetting the 

added cost of collection. 

(c) In the event any employer defaults in the payment of Health and Pension Fund 

contributions or penalties and notice ofsuch default is forwarded to said employer via ordinary 

mail by the Administrator ofthe Funds and, if said default is not paid within ten (10) working 

days after said notice of default was mailed, then the provisions for arbitration under this 

agreement shall be deemed canceled, withdrawn and waived by said employer and the Union 

shall thereupon order and enforce a strike against said employer in default which shall not be 

considered a breach ofthis agreement. 

(d) Each employer shall within twenty (20) days following the last day ofthe preceding month 

submit to the Administrator ofthe Health and Pension Funds a statement, under oath, setting 

forth the names and social security numbers of all employees, both Union and non-Union, who 

have worked during the preceding month in any classification covered by the terms ofthis 

agreement and such statement shall set forth the contributions made on behalf of such 

employees. The Health and Pension Funds Administrator, on his own motion, shall have the 

right to inspect the books and/or records relative to such statement and to interview all covered 

employees ofthe employers. The Administrator shall forthwith report, in writing, the results of 

any inspection or interview to the employers and the Trustees. 

SECTION 33 

UNION DISCLAIMER 

The Union agrees that it will neither sanction nor.support any wildcat strike, slow-down or curtailment 

in the operation of any Employer memb·et. The Employer agrees that it will not during the term of this 

Agreement engage in a lockout. 

SECTION34 

SEVERABILITY 

In the event any court shall hold any portion ofthis agreement to be in violation of either federal or 

state law, then the clause shall be deemed struck from this agreement and the balance ofthe agreement 

shall remain in full force and effect. 

16 

00482 
) 

Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49TH Street 

Long Island City, NY 11103 

And 

Bronx Welding 

September 1,2015 thru August 31, 2020 

l .. ,. • 

• 

00483 
ARTICLE 14. ENFORCEMENT OF AGREEMENT 

1. Both parties have the obligation to enforce all provisions ofthis Agreement. 

2. The Employer agrees that all conditions of employment in his operation rela\ing to hourly 

wages, hours of work, ove1iime differentials and general working conditions shall be maintained at 

not less than the highest standards in effect at the time ofthe signing of this Agreement, and the 

conditions of employment shall be improved wherever specific provisions for improvement are 

made elsewhere in this Agreement. It is agreed that the provisions ofthis section shall not apply to 

inadvertent or bona fide errors made by the Employer or the Union in applying the terms and 

conditions ofthis Agreement if such error is corrected within ninety (90) days from the date of error. 

ARTICLE 15. NON-DISCRIMINATION 

There shall be no discrimination against any employee by either the Employer or the union in regard 

to hiring, tenure of employment, promotion, transfer or other conditions of employment because of 

race, creed, color, sex, age, religious or political affiliation. 

ARTICLE 16. MANAGEMENT RIGHTS 

Nothing in this Agreement is intended, nor shall it be construed, as denying or in any manner 

limiting the right of the Employer to control and supervise all operations and direct all working 

forces, including the right to select and hire, layoff or transfer employees or to control and regulate 

the use of all equipment and other property of the Employer, to maintain discipline among 

employees, and to promote efficiency in the operation provided, however, that the provisions of this 

Article are not used by the Employer for the purpose of discriminating against the Union or any of 

its members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer 

agrees that there will be no lockouts. 

ARTICLE 18. BEREAVEMENT LEAVE 

In the case of death in an employee's immediate family, i.e., spouse, parents, sister, brother, 

children, mother-in-Jaw or father-in-law, the Employer shall grant the employee a maximum of three 

(3) days off, with pay, for express purposes of attending services for the deceased. An employee 

shalJ be guaranteed two (2) days off, with pay at the time of death. Death certificates or other 

satisfactory proof of death must be submitted to the Employer. The employee, to be eligible, must be 

on the seniority list for six (6) months. · 

ARTICLE 19. HEALTH AND PENSION FUNDS 

1. The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Funds ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shaJJ periodically contribute to the Funds at the rates set forth herein. 

8 

00484 
2 

The Employer contributes to the Local 807 Labor-Management Health Fund ("Health Fund") 

currently at the rate of Seven dollars and Ninety-Four cents ($7.94) per hour, per bargaining 

unit employee (whether worked or not), for every hour paid with a maximum of 40 hours per 

week and eight hours per day, including regulai; days, Saturdays, Sundays, Vacation days, 

Holidays and Sick days. 

A) The Employer currently contributes to the Local 807 Labor-Management Pension 

Fund ('Pension Fund") at the rate of Four dollars and Thirty-Five cents ($4.35) per hour, per 

bargaining unit employee, for every hour paid for, with a maximum of 40 hours per week and eight 

hours per day (whether worked or not), including regular days, Saturdays, Sundays, Vacation days, 

Holiday and Sick days. 

B) For the term of this Agreement, the Employer shall pay the following hourly 

contribution rates to the Health Fund: 

9/1/15 9/1/16 9/1/17 9/1/18 9/1/19 

$8.19 $8.44 $8.69 $8.94 $9.19 

The Employer shall participate in the Local 807 Labor-Management Pension Fund 

("Pension Fund"). In order to provide the benefits prescribed by the Trustees of the Pension 

Fund, the Employer shall continue to make contributions to the Pension Fund. The 

Employer is currently paying the amount of $4.35 per hour for each covered employee. As 

of September 1, 2015, the Employer adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan along with all future amendments. The Employer agrees to pay the $.45 

per hour annual contribution increases required by the current Rehabilitation Plan for each 

year of this Agreement, as amended, as if said contribution schedule and provisions were 

set forth in this Agreement. 

9/1/15 9/1/16 9/1117 9/1/18 9/1/19 

$4.80 $5.25 $5.70 $6.15 $6.60 

New employees shall have Pension Fund contributions made as follows: 

First year 75% of contribution 

After 1 year - 18 months 80% 

After 18 months to end of 24 months 90% 

After 24 months I 00% 

3. All contributions to the Health and Pension Funds shall be made on a maximum of eight (8) 

·hours per day basis, forty ( 40) hours per week, and for all days described in Paragraph I above. 

4. In the event of a delinquency in payment, the Employer agrees to abide by all rules and 

regulations established by the Trustees of such Funds, including but not limited to those requiring 

the payment ofinterest. The delinquency and reasonable counsel fees and reasonable costs of 

collection ofsuch delinquencies and to give reasonable security in a sufficient amount, as demanded 

by the Trustees, to secure payment of such delinquencies. 

9 

00485 
5. The Employer hereby agrees to pennit an authorized representative of the Funds to inspect its 

payroll records for the purpose of checking the accuracy of the contributions required to be made by 

the Employer to the Funds. If the Employer fails to make the contributions provided for herein 

within the time required by the Funds' trust agreement and the rules and regulations of each of the 

Funds, then the Trustees may cancel out the benefits coverage for such bargaining unit employee on 

whose account the Employer has failed to contribute. 

6. The Employer must use the remittance fonns required by the Trustees of each Fund and 

comply with said instructions of the Trustees in filling out such fonns. 

7. The Trustees of the Funds shall be those persons now active as Trustees, or their duly 

designated successors. 

8. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set 

by the Trustees. 

9. The Trustees shall have the 1ight to accept the Union as an Employer and to cover the Union's 

employees for both Health and Pension benefits. 

I0. The Trustees shall establish rules, which shall include, among other things, the requirements 

for eligibility and distribution of the assets. The Trustees shall also set forth the rules and procedures 

governing the administration of the Funds. 

11. The Trustees of the Funds may assess liquidated damages for any and all delinquent payments 

in amounts, which they, in their discretion, deem, justified to offset the added cost of collection. 

12. All Employees hired between May I, I 997 and prior to May I, 2000 shall participate in the 

retirement plans provided by the Employer with a 7% contribution on gross wages as of May I, 

2000, 7% contribution for each year ofthis contract which shall include any applicable wage 

increase. 

ARTICLE 20. VACATIONS 

(a) Computation. All vacation time shall be computed from the anniversary date ofthe 

contract. 

i) Vacation benefits for any contract year (September I -August 31) shall be 

based upon days worked during the prior contract year. An employee shall be deemed to have 

worked the entire contract year once be completes 170 days of actual work. 

An employee who worked less than I 70 days during the prior contract year 

shall receive a pro rated vacation pursuant to the following fonnula: 

# days worked 

170 X full vacation benefit= pro rata vacation 

(b) Vacation Schedule. The Employer shall, during the current contract year, grant annual 

vacations with pay as follows: 

10 

00486 
32-43 49th Street. Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

#J/_Q/J/~~LOCAL UNION 807 E-mail: loca1B07@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees •<G>· Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sul/Ivan 

President 

Anthony Storz 

Secreta,y-Treasurer 

Lu Herrera 

Vice President 

Raymond Asqulno 

Recording Secreta,y 

Gladys Nieves 

Trustee 

Marty Meyers 

Trustee 

Scott Brady 

Trustee 

To: Health and Pension Funds and Profit Sharing Fund 

11Zec. Id. 

___C!!!:JrI J/2~/ '7 

From: Lu Herrerra- Vice President. 

Subject Center Sheet Metal 

Date: December 28, 2017 

The above Employer has signed a Collective Bargaining Agreement effective for the period 

December 1, 2017 to November 30, 2021. 

HEALTH And PENSION FUND CONTRIBUTION 

The Health and Pension contributions shall be increased as follows: 

HEAL TH BENEFITS 

During the tenn of this Agreement the Employer shall participate in the Local 807 Labor- Management Health Fund 

("HEALTH FUND"). The benefits ofthat program shall be those prescribed by the Trustees ofThe Fund. 

(a) The employer shall contribute the sum of $8.69 as of 12/1/17 per hour for eight (8) hours per day, forty ( 40) 

hours per week. In the first ye_ar ofthecontract io be increased annually as per schedule in Article 3 I. 

Inclusive of holidays, sick days and vacaiion. 

A. Health Fund Increases: 

Effeciive December I, 20_1_7 Health Fund shall be$ 8.69 

Effective December l, 2018 Health Fund sl(all be$ 8.94 

Effective December l, 2019 Health Furid :Shall be$ 9.19 

Effective December I, 2020 Healthl'und shall be$ 9.44 

PENSION BENEFITS 

During the term of this Agreeni.ent the .llrilployer sha!i'Ji:articipate in the L_ocal 807Labor-Management Pension Fund 

("PENSION FUND"). The benefits ofthat program sh~ll be those prescribed by .the Trustees of The Fund, . ' . . 

(a) The employer shall con_irib_ute. the sum <if$10.3?5:as of!2/Jll7 per hour for eight (8) hours per day, forty 

(40) hours per week. In the first year ~r1;he conthict to be inc.reased annually as per schedule in Article 31. 

Inclusive ofhoHd~ys, sick days andy~~~\i<i!'- · · · ·. . . 

B. Pension Fund Increases: As per the Pension Rehabi'litati<iri Plan. 

Effective December I, 2017 Pension fund shall be $ I 0.365 

Effective December I, 2018 Pension Fund shall be$ 10.815 

Effective December I, 2019 Pension Fund shall be $ 11.265 

Effective December I, 2020 Pension Fund shall be$ I 1.715 

I 

www.ibt807.com 

00487"' 
• 

C. PROFIT SHARING (ANNUITY BENEFITS) 

During the term ofthis Agreement the Employer shall participate in the Local 807 Labor- Management Profit Sharing Fund 

("ANNUITY FUND"). 

12/1/17 12/1/18 12/1/19 12/1/20 

$7.00 per hr. $7. 00 per hr. $7.00 per hr. $7 .00 per hr. 

The Employer shall make contributions for all hours worked, eight (8) hours per day and 

forty (40) hours per week maximum at the straight time rate of $7.00 per hour for the life of the contract. 

There shall be no contributions made for overtime hours, sick days, holidays, and vacation 

days. No Profit Sharing/Annuity contributions for new hires hired after 12/1/09. 

2 

. 00488 
ARTICLE 26. 

MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions of employment relating to wages, hours of work, 

overtime differentials and general working conditions which are better, higher or more favorable to 

the Employer's employees than those provided for by or under this Agreement shall be maintained 

and the Employer agrees that its employees shall continue to enjoy these better, higher and more 

favorable practices, standards and/or benefits. 

ARTICLE 27. 

HEAL TH BENEFITS 

During the term of this Agreement the Employer shall participate in the Local 807 Labor- Management 

Health Fund ("HEALTH FUND"). The benefits of that program shall be those prescribed by the 

Trustees of The Fund. 

(a) The employer shall contribute the sum of $8.69 as of 12/1/17 per hour for eight (8) hours 

per day, forty (40) hours per week. In the first year of the contract to be increased annually 

as per schedule in Article 31. Inclusive of holidays, sick days and vacation. 

ARTICLE 28. 

PENSION BENEFITS 

During the term of this Agreement the Employer shall participate in the Local 807 LaborManagement Pension Fund ("PENSION FUND"). The benefits of that program shall be those 

prescribed by the Trustees of The Fund. 

(b) The employer shall contribute the sum of $10.365 as of 12/1/17 per hour for eight (8) hours 

per day, forty (40) hours per week. In the first year of the contract to be increased annually 

as per schedule in Article 31. Inclusive of holidays, sick days and vacation. 

ARTICLE 29. 

INCREASES IN HEALTH AND PENSION CONTRIBUTIONS 

The Health and Pension contributions shall be increased as follows: 

A. Health Fund Increases: 

Effective December 1, 2017 Health Fund shall be$ 8.69 

Effective December 1, 2018 Health Fund shall be$ 8.94 

Effective December 1, 2019 Health Fund shall be$ 9.19 

Effective December 1, 2020 Health Fund shall be$ 9.44 

8. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective December 1, 2017 Pension Fund shall be $ 10.365 

Effective December 1, 2018 Pension Fund shall be $10.815 

Effective December 1, 2019 Pension Fund shall be $ 11.265 

Effective December 1, 2020 Pension Fund shall be$ 11.715 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution Increases required by the Rehabilitatron Plan as 

-amended as if said contribution schedule was set forth in this Agreement. 

(a) The employer shall make the following contributions for all.paid hours (eight (8) hours per 

day, forty (40) hours per week maximum). 

00489 

9 
During the term of this Agreement the Employer shall participate in the Local 807 LaborManagement Profit Sharing Fund ("ANNUITY FUND"). 

12/1/17 12/1/18 1211/19 12/1/20 

$7.00 per hr. $7.00 per hr. $7.00 per hr. $7.00 per hr. 

The Employer shall make contributions for all hours worked, eight (8) hours per day and 

forty (40) hours per week maximum at the straight time rate of $7.00 per hour for the life of the 

contract. 

There shall no contributions made for overtime hours, sick days, holidays, and vacation 

days. 

No Profit Sharing /Annuity contributions for new hires hired after 1211/09. 

ARTICLE 31. 

CONTRIBUTION LIMITATION 

(a) All of the Health and Peosion contributions as set forth in Sections 28, 29 and 

30, including additional contributions shall be made for eight (8)hours per day and forty hours 

per week maximum. Inclusive of holidays, sick days and vacation. 

(bl No contributions shall be due for unused sick days for which the employee is paid a lump 

sum at the end of the contract year, on vacation pay where an employee works during his 

vacation and receives double pay for that period or for Jury duty pay. 

ARTICLE 32. 

HEAL TH, PENSION AND/OR ANNUITY - MISCELLANEOUS RULES 

(a) The Trustees of the Health, Pension and Annuity Funds shall establish ruler, which shall 

include, among other things, the requirements for eligibility, distribution of Health 

Pension and /or Annuity Fund assets and the rights of beneficiaries thereunder. The 

Trustees of said Funds shall also set forth the rules and regulations governing the 

administration of the Health, Pension and Annuity Funds. 

(b) The Trustees of the Health, Pension and Annuity Funds may assess penalties for any 

and all delinquent payments in amounts, which they, in their discretion, deem, justified 

to offset the added cost of collection. 

(c) In the event any employer defaults in the payment of Health, Pension, and 

Annuity Fund contributions or penalties and notice of such default is forwarded to said 

employer via ordinary mail by the Administrator of the Funds and, if said default is not 

paid within ten (10) working days after said notice of default was mailed, then the 

provisions for arbitration under this agreement shall be deemed canceled, withdrawn and 

waived by said employer and the Union shall thereupon order and enforce a strike against 

said employer in default which shall not be considered a breach of this agreement. · 

10 

• 00490 
\\.tJ cc:n;u c111t,11uy1:n ~rn,m w11mn twemy \.CUJ aays ronowmg tne 1ast Clay ot tne preceding • month submit to the Administrator of the Health, Pension and Annuity Funds a ' . statement under oath, setting forth the names and social security numbers of all 

employees, both union and non.union, who have worked during the preceding month in 

. any classification covered by the terms of this agreement and such 

(e} Statement shall set forth the contributions made on behalf of such employees. The 

Health, Pension and Annuity Funds Administrator, on his own motion, shall have the right 

to inspect the books and/or records relative to such statement and to interview all covered 

employees of the employers. The Administrator shall forthwith report in writing, the results 

of any inspection or interview to the employers and the Trustees. 

ARTICLE 33. 

UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slow- down or 

curtailment in the operation. The Employer agrees that it will not during the term of this 

Agreement engage in a lockout. The Union Business Agent and ultimately the President of the 

Union shall have all jurisdiction to interpret any article in this agreement as per Section 7 of 

the By-Laws of Teamsters Local Union No. 807. 

ARTICLE 34. 

SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation of either 

federal or state law, then the clause shall be deemed struck from this agreement and the 

balance of the agreement shall remain in full force and effect. 

ARTICLE 35. 

TERM OF AGREEMENT 

This Agreement shall be in full force and effect from December 1, 2017 and including 

November 30,2021,and shall continue from year thereafter unless written notice of desire to cancel or 

terminate the Agreement is served by either party upon the other at least sixty {60) days prior to date 

of expiration. 

11 

.. 00491 
-. 

32· 9th Street, Long Island City, NY 11103 Teamstl ·s 

Phone (718) 726-2525 • Fax (718) 7:~6-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Anthony Storz Lu Herrera Raymond Asqulno Gladys Nieves Marty 

·-

Meyers 

-

Secretary-Treasurer Vice President Recording Secretary Trustee Trustee 

MEMORANDUM 

/2""•'4 (cla,/1 r, 

. OF---· 

To: Local 807 Health and Pension Funds 

From: John Sullivan-President 

Subject: City Elevator 

Date: April 7, 2016 

City Elevator has signed a Collective Bargaining Agreement on for the period of April 1, 2016 thru 

March 31, 2019. 

ARTICLFl.9. HEALTH.PENSION 

The Employer shall participate in the Local _807 Labor-Management Health, Pension Fund ("Funds'). To provide 

the benefits prescribed by the Trustees of the. Ftiiids,. the Employer shall periodically contribute to the Funds at the 

rates set forth herein · 

A. Health Fund Increases: 

Effective August I, 2016 · Heallh Fund shall be$ 8.44 

Effective August- 1,2017 Health Fund shall-be$ 8.69 

Effective August I, 2()18 Heaith Fund shall be$ 8,94 

B. Pension Fund Increases: As. per Peii~i<>n Fund's Rehabilitation .Pla'n 

Effective August 1, 2016 Perisioh Fund shall be$ 9,915 

Effective August. 1, 20\7 Pension Fund shall be$ l0.3°6S 

Effective August I, 2018 Pension Fund. shall be$ ICJ.815 ' ~ 

The Employer adopts the terms and conditions:orthe Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay lhe annual contrib~tion in~reases required by the Rehabilitation Plan 

as amended as if said contribution schedule was s~t forth in this Agreement. 

2. Contributions to the Health & Welfare, and Pension Funds shall be made ori all hours paid, with a maximum 

of eight- (8) hour's per day, not to exceed (40) hours per week. The contributions made pursuant to the 

combined contribution rates shall be distributed between the Health and Pension Funds in accordance with the 

direction .of the Trustees of such Funds. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions of interpretation concerning the 

requirements to make contributions or portions thereof, the Employer shall not be deemed delinquent while the 

matter is being considered pursuant to the grievance and arbitration procedure. If a delinquency in the payment 

is found to exist, the Employer shall PllY the amount due, including interest, retroactive to the date of the 

delinquency. www.TeamstersLocal807.net 

00492 
4. The Employer hereby agrees to permit an authorized representative of the Funds to inspect its payroll 

records for the purpose of checking the accuracy of the contributions required to be made by the Employer to 

the Funds. If the Employer fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each of the Funds, then the Trustees may cancel out 

the benefits coverage for such bargaining unit employee on whose account the Employer has failed to 

contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions of the Trustees in filling out such forms. 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8. The Trustees shall have the right to accept the Union as an Employer and to cover the Union's employees 

for both Health and Pension. 

9. The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution of the assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall 

be added to the Board of Trustees and the decision of a majority of the Board of Trustees with respect to the 

whole or any part of the Health and Pension Funds shall be binding upon the parties hereto. 

The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in amounts, which 

they, in their discretion, deem justified to offset the added cost of collection 

00493 
9. In the event ofthe failun :,ilherparty to be present at the time and J, ; designated for the arbitration, 

the arbitrator shall have the right to listen to the party appearing at the time and place ofarbitration and shall 

have the power to render a decision based on the testimony before him, The decision ofthe arbitrator shall be 

final and binding upon both parties hereto and may be entered as a final decree ofjudgment. 

ARTICLE 14·. ENFORCEMENT OF AGREEMENT 

Both parties have the obligation to enforce all provisions ofthis Agreement. 

ARTICLE 15. NONDISCRIMINATION 

There shall be no discrimination against any employee by either the Employer or the union in regard to hiring, 

tenure of employment, promotion, transfer or other conditions of employment because ofrace, creed, color, 

sex, age, religion or national origin. 

ARTICLE 16. MANAGEMENT RIGHTS 

The Employer retains all rights not specifically abrogated by this Agreement, including the right to control 

and supervise all of its operations, to determine the business orbusinesses it will conduct, to determine the 

activities and functions it will conduct in pursuit ofits businesses, and to direct all working forces (including 

the right to select hire, layoff, transfer, suspend or discharge employees for cause), to control and regulate the 

use of all equipment and other property ofthe Employer, to change location or facilities, to maintain 

discipline among employees, to introduce new or different methods or facilities, to consolidate and/or 

eliminate positions to cease or suspend business activities and to otherwise promote efficiency in the 

operation The provisions ofthis Article, however, are not to be used by the Employer for the purpose of 

discriminating against the Union or any ofits members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer agrees that 

there will be no lock-outs 

ARTICLE 18. BEREAVEMENT LEAVE 

In the case of death in the immediate family of an employee who has been on the seniority list for at least 

six (6) months (i.e., spouse, parents, sister, brother, children, grandchildren,mother-in-law or father-in-law), 

the Employer shall grant the employee up to four ( 4) days off, with pay, for express purposes ofattending 

services for the deceased. Two (2) days shall be guaranteed regardless of day of death or day offuneral, 

provided the employee loses two (2) days ofwork opportunity. Death certificates or other satisfactory proof 

of death must be submitted to the Employer. 

ARTICLE 19. HEALTH. PE;NSION 

" '- 1. The Employer shall participate in the Local 807 Labor-Management ;Health Pension Fund ("Funds'). To 

provide the benefits prescribed by the Trustees ofthe Funds, the Employer shall periodically contribute to the 

Funds at the rates set forth herein 

7 

00494 
A. Health Fund Increases: 

Effective August I, 2016 Health Fund shall be$ 8.44 

Effective August I, 2017 Health Fund shall be $ 8.69 

Effective August 1, 2018 Health Fund shall be$ 8.94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August 1, 2016 Pension Fund shall be$ 9.915 

Effective August l, 2017 Pension Fund shall be$ 10.365 

Effective August I, 2018 Pension Fund shall be$ 10.815 

The Employer adopts the terms and conditions ofthe Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as ifsaid contribution schedule was set forth in this Agreement. 

2. Contributions to the Health &Welfare, and Pension Funds shall be made on all hours paid, with a maximum 

of eight- (8) hour's per day, not to exceed ( 40) hours per week. The contributions made pursuant to the 

combined contribution rates shall be distributed between the Health and Pension Funds in accordance. with the 

direction ofthe Trustees ofsuch Funds. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees ofsuch Funds. In the event of disputes or questions ofinterpretation concerning the 

requirements to make contributions or portions thereof, the Employer shall not be deemed delinquent while the 

matter is being considered pursuant to the grievance and arbitration procedure. Ifa delinquency in the payment 

is found to exist, the Employer shall pay the amount due, including interest, retroactive to the date of the 

delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll 

records for the purpose ofchecking the accuracy ofthe contributions required to be made by the Employer to 

the Funds. Ifthe Employer fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each ofthe Funds, then the Trustees may cancel out 

the benefits coverage for such bargaining unit employee on whose account the Employer has failed to 

contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions ofthe Trustees in filling out such forms. · 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8. The Trustees shall have the right to accept the Union as an Employer and to cover the Union's employees 

for both Health and Pension. 

9. The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution ofthe assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds. Ifthe Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall 

be added to the Board ofTrustees i:μid the decision ofa majority ofthe.Board ofTrustees with respect to the 

whole or any part ofthe Health and Pension Funds shall be binding upon the parties hereto. 

8 

00495 
I 0.The Trustees ofthe Funds may -. ~ss liquidated damages for any and all dei ,ent payments in amounts, 

· which they, in their discretion, .,-,em justified to offset the added cost ofcollection. 

ARTICLE 20. VACATIONS 

I. All Employees covered by this Agreement shall be allowed vacation, which is to be determined in 

accordance with the following schedule: 

one year - 2 weeks 

three years - 3 weeks 

fifteen years - 4 weeks 

twenty years - 5 weeks 

thirty years- 6 weeks 

Employees who do not work a full week (Shape) shall follow the following schedule. Employees employed less 

than three years not to exceed 2 weeks. 

30 days I day 165 days 9days 

60 days 2 days 175 days ID days 

90 days 3 days 187 days 11 days 

120 days 4days 199 days 12 days 

125 days 5 days 211 days 13 days 

135 days 6 days 223 days 14 days 

145 days 7 days 235 days !Sdays 

155 days 8 days 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on straight time rates. 

Mandatory and other authorized deductions sucb as federal withholding tax, social security, etc., will be made 

from all vacation allowances. The vacation year shall be from April I through March 31 of each contract year. 

All employees hired after September 30 of the contract year will follow schedule above. 

3. The allowed vacation shall be given an employee provided that the employee worked for the Employer for at 

least one, (I) month during the prior contract year. In determining vacations, all hours paid for, including those 

allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to be 

considered hours worked provided the employee has worked at least thirty, (3 0) days in that contract year. 

4. In any case, where any ofthe holidays covered in this Agreement occur during the vacation period of any 

employee, said employee shall have the choice of an extra eight (8) hours vacation with pay or an additional 

eight (8) hours pay for such holiday. 

5. The Company shall determine the vacation schedule each year and shall give preference to the senior 

employees. Employees who are discharged by the Company for cause and those who terminate their 

employment shall be paid their accrued allowance. 

6. The vacation period will be from April I to March 31. The Company will post a vacation schedule by 

March I and all vacation picks must be posted no later than March 31. All employees who fail to pick their 

vacati~,m weeks by March 31 will forfeit their right to pick by seniority. 

• . 7. All employees may elect to take up to (2) two weeks vacation in single day 'increments. 

8. An additional hour's pay shall be given to each employee for each credited day ofvacation earned, up 

to a maximum. 

9 

00496 
, 

~w' 

32-43 a Street. Long Island City, NY 11103 Teamste• Pho~18) 726-2525 • Fax (718) 726-7037 

LOCAL ONION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady President · Secretary-Treasurer Vice President Recording Secretary Trustee Trustee ]rustee 

/6_:,'d ? rD)I) -EMORANDUM (!}-P 

To: Local 807 Pension Funds 

From: Lu Herrera-Vice President 

Subject: Avis Rent A Car System LLC 

Date: August 10, 2017 

Effective April 1, 2017 thru March 31, 2019 Avis Rent A Car, has signed a Collective 

Bargaining Agreement. Please note the following: 

Contributions to the Pension Fund 

(a) The Employer shall participate in the Local 807 Labor-Management Pension 

Fund (Pension Fund), effective January 1, 1978. The Employer shall contribute to the 

Pension Fund for each Head and Regular Shuttler on the current master seniority for a 

maximum of forty (40) hours worked or paid for per week. The following are the 

contribution rates: 

4/1/11 4/1/18 

$3.60 (.45 cents) $4.05 (.45 cents) 

www.ibt807.com 

00497 
ARTICLE28 

Local 807 Labor-Management Pension Fund 

Section 1 Local 807 Labor-Management Pension Fund 

(a) The Employer shall participate in the Local 807 Labor-Management Pension Fund 

(Pension Fund), effective January 1, 1978. The Employer shall contribute to the Pension Fund 

·for each Head and Regular Shuttler on the current master seniority for a maximum of forty 

(40) hours worked or paid for per week. As set forth more fully in the Memorandum of 

Agreement the parties entered during negotiations, the Company has agreed to adopt the 

Preferred Schedule of the Rehabilitation Plan and has agreed to increases to its Pension 

Contribution Rate as follows; 

4/1/17 4/1/18 

$3.60 ($0.45) $4.05 ($0.45) 

(b) Pension contributions are to be deposited in a separate account and not to be 

used for other than Pension Fund purposes. 

Section 2 General Provisions for Local 807 Labor Management Pension Fund 

(a) The Employer will not make contributions to the Pension Fund for employees on 

personal leave of absences. 

(b) Contributions shall be made to the Trustees of the ·Pension Fund. The Employer 

shall forward his contributions to the Pension Fund at periodic intervals set by the Trustees. 

(c) The Trustees shall establish rules, which shall include, among ather things, the 

requirements for eligibility, distribution of the Pension Funds and the rights of employees 

thereunder. The Trustees shall set forth the rules and provisions governing the administration 

of the Pension Fund. If the Trustees do not agree on rules covering the foregoing, a neutral 

Trustee shall be added to the Board of Trustees and the decision of a majority of the Board of 

Trustees with respect to the whole or any part of the Pension Fund shall be binding upon the 

parties hereto. 

(d) The Trustees of the Pension Fund may assess liquidated damages for any and 

all delinquent payments in amounts which they, in their discretion, deem justified to offset the 

added cost of collection. 

(e) In the event the Employer defaults in payment of pension contributions, or 

liquidated damages and notice of such default is served upon the Employer via ordinary mail by 

the Manager of the Pension Fund and copies are sent to the Union and Pension Trustees, and 

if said defa·ult is not paid within five (5) working days after said notice of default, then the 

provisions for arbitration shall be deemed canceled, withdrawn and waived by the Employer and 

the Union shall thereupon order and enforce a strike against the Employe,r in default, which 

shall not be considered a breach of this Agreement. The Employer shall monthly sul;imit to the . Manager of the Pension Fund a statement setting forth the names and social security numbers 

18 

00498 
of all eligible employees who have worked in the preceding month and such statement shall set 

forth the contributions made on behalf of such employees. The Pension Fund Manager, on his 

own motion, or at the request of the Union, shall have the right to inspect the books and/or 

records relative to such statement and to interview all employees of the employer. The 

manager shall forthwith report in writing the results of any inspection or interview. . ' 0 

ARTICLE29 

Company's Health and Welfare Plan 

Effective January 31, 2011, the Company's participation in the Local 807 Labor and 

Management Health Fund shall cease. Effective as of February 1, 2011, full-time eligible 

employees and their qualified dependents may participate iri the· Company's Comprehensive 

health and welfare plans. Employees will be governed by the rules and regulations of said 

Plans and will make the necessary contributions as established by the Company. The 

Company reserves the right to modify the plans in its discretion. 

ARTICLE 30 

401K Plan 

Effective February 1, 2011, Employees may voluntarily participate in the AB Car Rental 

Services, Inc. Voluntary Investment Plan for Bargaining Hourly Employees (401 k) with no 

matching contribution. Employees shall be governed by the rules and regulations of said plan. 

' ' . 

19 

00499 
✓ 32-4~'1 Street, Long Island City, NY 11103 Teamste-­ Phone (718) 726-2525 • Fax (718) 726-7037 

r.w-~~~LOCAL UNION 807 E-mail: local807@aol.com 

Angel Curbs/a Gladys Nieves Marty Meyers 

Trustee Trustee Trustee 

Anthony Storz Lu Herrera Raymond Asqulno 

secretary-Treasurer Vice Presfdenl Recording Secretary 

Memorandum 1./ 

To: Local 807 Health and Pension Funds ot- { b , i;:• ( From: I John Sullivan-President I I;.-

1,;; Subject: Ben Jo Trucking 

Date: July 27. 2016 

Ben Jo Trucking Co. has signed a Collective Bargaining Agreement on for the period of April I. 2016 thru 

March 3 l. 2019. 

Article 19. HEALTH PENSION AND PROFIT SHARING FUND 

I. The Employer shall participate in the Local 807 Labor-Management 

Health, Pension, and Profit Sharing Fund. ("Funds"). To provide the benefits 

prescribed by the Trustees ofthe Funds, the Employer shall periodically 

contribute to the Funds at the rates set forth herein. 

The Company will continue to contribute$ I.70 per hour for all hours worked to the Local 807 

Profit Sharing Fund for the life ofthe ccntract. 

A. Health Fund Increases: 

Effective August I. 2016 Health fund shall be $8.44 

Effective August I. 2017 Health Fund shall be $8.69 

Effective August I. 20i8 Health Fund shall be $8.94 

B. Pension Fund Increases As per the Pension Rehabilitation Plan 

Effective August' 1,20 I 6 Pension Fund shall be $9. 915 

Effective August 1,2017 Pension Fund shall be SI 0.365 

Effective August J,2018 Pension Fund shall be $10,81-5 

The Employer adopts the terms and conditions of the Pension Fund's 

Rehabilitation Plan along with future amendments. The Comp_any 

agrees to pay the annual contribution increases required by the 

Rehabilitation Plan as amended as if said contribution schedule was set 

forth in this Agreement. 

2' Contributions to the Health and Pension Funds shall be made on 

all hours paid. with a maximum of eight• (8) hours per day All 

contributions shall not exceed 40 hours per week 

www.TeamslersLocal807.ne1 

005

.. 
,-.., 

9. In the event of the failure of ,er party to be present at the time and place designated for the arbitration, 

the arbitrator shall have the right to listen to the party appearing at the time and place of arbitration and 

shall have the power to render a decision based on the testimony before him, The decision ofthe arbitrator 

shall be final and binding upon both parties hereto and may be entered as a final decree ofjlldgment. 

. ,,, ARTICLE 14. ENFORCEMENT OF AGREEMENT 

Both parties haw the obligation to enforce all provisions of this Agreement. 

ARTICLE 15. :NONDISCRIMINATION 

There shall be no discrimination against any employee by either the Employer or the union in regard to hiring, 

tenure of e-mploymcnt, promotion, transfer or other conditions of employment because nf rnce 1 creed, color, sex1 

age, religion or national origin. 

ARTICLE 16. MANAGEl\lINT RIGHTS 

The Employer retains a!! rights not spe.:i!ical!y abrogated by this Agreement, including the right to control and 

supervise a!I of its operations, to detem1ine tlle business or businesses it will conduct, to detem1ine the activities 

and functions it \\"ill condl!ct in pursuit of its businesses, and to direct all working forces (including the right to 

select hire, layoff, transfer, suspend or discharge employees for cause), to control and regulate the use of all 

equipment and other property of the Employer, to change location or facilities, to maintain discipline among 

ernployees, to introduce TTC\\.' or different method3 or facilities, to consolidate and/or etiminate positions to 

cease or suspend business a~tivities and to otherll'ise promote efficiency in the operation. The provisions of this 

Article, howe\'er, are not to be used by the Employer for the purpose of discriminating against the Union or any 

of its members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that thc:e will be no strikes, work stoppages or slowdoll'ns and the Emplo, er agrees that there 

will be no lock -outs. 

ARTICLE 18. BEREAVElHENT LEAVE 

In the case ofdeath in the immediate family of an employee who has been on the seniority list for at least one 

year (i.e., spouse, parents, sister, brother, children, grandchildren, mother-in-law or father-in-law), !he Employer 

shall grant the employee up to three (3) days off, with pay, for express purposes of attending services for the 

deceased. Proof of attendance shall be required for more than one (J) day off. 

Article 19. HEALTH. PENSION AND PROFIT SHARING FUND 

l. The Employer shall participate in the Local 807 Labor-Management Health, Pension, a~d Profit Sharing 

fund. ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

• The Company will continue to contribute $1.70 per hour for all hours worked to the Local 807 Profit 

Sharing Fund for the life ofthe contract. 

7 
Article 19, HEALTH and PENSION FUND ~ 

I. The Employer shall partici~n the Local 807 Labor-Management Hea; nd Pension Fund ''Funds"). To 

provide the benefits prescribea "' the Trustees of the Funds, the Employer shall periodically contribute to the 

Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August 1, 2016 Health Fund shall be $8.44 

Effective August l, 20 l 7 Health Fund shall be $8.69 

Effective August I, 20 l 8 Health Fund shall be $8.94 

B. Pension Fund Increases As per the Pension Rehabilitation Plan 

Effective August J,20 l 6 Pension Fund shall be $9.915 

Effective August 1,2017 Pension Fund shall be $10.365 

Effective August l,2018 Pension Fund shall be $10.815 

The Employer adopts the terms and conditions ofthe Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as if said contribution schedule was set forth in this Agreement. 

2 Contributions to the Health and Pension Funds shall be made on all hours paid, with a maximum of eight­

(8) hours per day. All contributions shall not exceed 40 hours per week 

3. In the event ofa delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions of interpretation concerning the 

requirements to make contributions or portions thereof.the Employer shall not be deemed delinquent while the 

matter is being considered pursuant to the grievance and arbitration procedure. If a delinquency in the payment is 

found to exist, the Employer shall pay the amount due,including interest, retroactive to the date of the 

delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its records 

forthe purpose of checking the accuracy ofthe contributions required to be made by the Employerto the 

funds. If the Employer fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each of the Funds, then the Trustees may cancel out 

the benefits coverage for such bargaining unit employee on whose account the Employer has failed to 

contribute. 

5. The Employer must use the remittance fonns required by the Trustees of each Fund and comply with said 

instructions of the Trustees in filling out such fonns. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees. ortbeir duly designated 

successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the Trustees, 

but in no event more frequently than monthly. 

L 

8. The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution of the assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall 

be added to the Board ofTrustees and the decision ofa majority ofthe Board of Trustees with respect to the 

whole or any part of the Health and Pension Funds shall be binding upon the parties hereto. 

9 The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, in their discretion, deem justified to offset the added cost of collection. 

8 
32-43 49th Street. Long Island City, NY 11103 Teamsters 

Phone (718) 726-2525 • Fax (718) 726-7037 

=-><' E-mail: local807@aol.com ..._, LOCAL UNION 807 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves Marty Meyers Scott Brady Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee ND01 

~ fGc')_e, /-;, 9 / 17 

To: Health and Pension Funds l!lr 

From: Tony Storz-Sec. Treas. 

Subject: Bestek Lighting & Staging - Contribution Letter 

Date: june ~ 2017 

The above employer has signed an agreement effective from October 1, 2014 

To September 30, 2020. 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($ I 6.46), 1 

effective October I, 20 I 4 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all emi:iloyees of Teamster Local No. 807 

within thirty (30) days of the month end of all annuity payments made by the EmJJloyer in the 

member's name. 

HEALTH AND PENSION 

A}HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly repo,ting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays ( whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. · 

The rate of contribution to the Health Fund, effective October I, 20 I 4, shall be $7 .94 per hour. October I, 2015 the 

rate shall be $8. I 9 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October I, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(8) PENSION . 

The Employer shall participate in the Local 807 Lalfoo/-~~~iiiRi'~Wt Pension Fund. Contributions by the Employer 00503 
shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.0 I 5 per hour. Effective October I, 20 I 5 the rate shall be $9.465 per hour. Effective October I, 20 I 6 the rate 

shall be $9.915 per hour. Effective October I, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be$ I 0.815 per hour. Effective October I, 2019 the rate shall be $ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October 1; 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 20 I 7 the rate shall be $8.30 per hour. Effective October I, 20 I 8 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

lfan employee permanently leaves the Higher Rate per hour core for whatever the reason the.senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00504 
foreman shall follow the seniority list. 

SECTION 10, 

HEALTH AND PENSION 

(A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than six:tyfive (65) days, including regular days, sick days, Sattirdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf ofthat Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quatterly reporting pe1iod, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf ofsaid Employee for eight (8) 

hours pe1· day for each paid day. 

The rate ofcontribution to the Health Fund effective. 

October 1, 2014 the rate shall be $7.94 per hour. 

Octobe1· 1, 2015 the rate shall be $8. 19 per hour. 

October I, 2016 the rate shal Ibe $8.44 per hour. 

October I, 2017 the rate shall be $8.69 per hour. 

October I, 2018 the rate shall be $8. 94 per hoUI'. 

October 1, 2019 the rate shall be $9. I 9 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

{B} PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any qua1terly repo11ing period, an Employee is paid by the Employer fol'less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not}, the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalfofsaid Employee for each paid 

straight time and ove1time hour, up to a maximum offive hundred twen1y (520) hours. . . 

2. Where, during any quarterly repmting period, an Employee is paid by the Employer for six:ty-tive (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

6 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October 1, 2014 the rate shall be $9.015 per hour. 

Effective Octobet· I, 2015 the rate shall be $9.465 per liour. 

Effective October I, 2016 the rate shall be $9,915 per hour. 

Effective October 1, 2017 the rate shall be $10.365 per hour. 

Effective October 1,2018 the rnte shall be $10.815 per hour. 

Effective October I, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October 1, 2016 the rate shall be $7.85 per hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. 

-Effective October I , 20 I 8 the rate shal I be $8.75 per hour. 

Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be mad~ to the Trustees ofthe Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

c The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution o.fthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall set fo11h the rules and provisions gover;1ing the administration· ofthe'Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board of Trustees and the decision ofa 

majority oftl1e Board ofTrustees with respect to the whole or any part ofthe Health and Pension Funds shall be 

7 I

005061 
binding upon the parties hereto. 

e. The Tmstces ofthe Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment ofpension and/or health contributions, or penalties and notice of such default is 

served upon the Employer via ordinary mail by the Administrator ofthe Funds, and copies are sent to the Union, 

Pension and/or Health Trnstees, and if said default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon· order and enforce a strike against the Employer in default, which shall not be 

considered a breach of this Agreement. The Employer shall within twenty (20) days after each quarter submitto 

the Administrator ofthe Funds a statement, under oath, setting fo1th the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set fo1th the contributions made on behalf of such 

Employees. The Funds' Administrator, on his own motion, or at the request oflhe Union shall liave the right to 

inspect the books and/or records relative to such statement and to interview all Employees ofthe Employer. The 

Administrator shall forthwith report in writing the 1·esults of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, perfo11ning covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quaiter, at the prevailing rate. 

SECTION11 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2014 and to be paid as follows: 

a. For the period October I, 2014 to September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. 

Effective October 1, 2015 the sum will be $6.00 per hour. 

Effective October I, 2016 the sum will be $6.25 per hour. 

Effective October 1, 2017 the sum will be $6.50 per hour. 

Effective October I, 2018 the sum will be $6.75 per hour. 

Effective October I, 20 I 9 the sum will ,be $7.00 per hpur, 

For all ove.-time hom·s 

Effective October l, 2014 the sum will be $11.50 pe1· hour. 

Effective October l, 2015 the sum will be $12.00 per hour 

Effective October I, 2016.the sum will be $12.50 per hour 

Effective October 1, 2017 the sum will be $13.00 per hour. 

Effective October 1, 2018 the smn will be $13.50 per hour 

Effective October 1, 2019 the sum will be $14.00 per hour 

Each Employee will be paid their pro-rata share ofthe Labor-Management Distribution Fund at the conclusion 

ofthe first payroll period in December in each contract year. 

8 

00507 

.. .-
~ ..\-~tr, St•eet. l•)ng lslar-d City rlY 11103 tf~'\v,I;.\ Teamste. s J Pnone 1718· 726-2525 • Fax ,718, 726-/037 

:~~"~~~t~LOCAL UNION 807 

<:-""\ Truck Onv':rs Y/a'':~C•JS>:rr-er, Exo,;..:;111-r. C :1• •:••",,:;r" :ir,:. r-1,·.e ::r: ::;-~~1>::1-?.~: 

";! Grea!:~.~e~:_:_:r~~.;:'.1·, ar.d Mt?~~-:,::,:1 -~ • !l ·-:--1_ w • • 

// John ..Buddy .. Sullivan Anthony Storz Lu Herrera Raymond Asr,uina A11qet CartJelo Gladys Nieves Marty Meyers 

--·.·;•,;,, ·"1 Nott···; ' ,_, ..... ..,,,, : .T-- ,, :··, · '· ; •.

·-"'-Us!>" 

To: Health and Pension Funds ,_ l 

From: \' -~·· Tony Storz ;Ll 

Subject: Brad Reh, Inc. 

Date: February 11. 2016. ' 

The above employer has signed an agreement effective from October 1,2014 

to September 30,2020. 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October I, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual \\Titten notice to all employees of Teamster Local 1'0. 807 

within thirty (30) days of the month end of all annuity payments made by the Employer in the 

member 1

s name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarte_rly report\ng period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2014, shall be $7.94 per hour, October I, 2015 the 

rate shall be $8.19 per hour. October I, 2016 the rate shall be $8.44 per hour, October 1, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8,94 per hour. October I, 201 9 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local '8lri''·IT!ifi6J"AA:~ 'Pl!llsll5il·'F'l!nd. Contributions by the Employer 

00508 
shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 2014, shall 

be $9.015 per hour. Effective October 1, 2015 the rate shall be $9.465 per hour. Effective October I, 2016 the ratt! 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

ihe rate shall be $10.8 I 5 per hour. Effective October I, 2019 the rate shall be$ I 1.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 20 I 4 will be $6. 95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I. 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00509 
. C. All days worked and all days (e~cept vacation days) for which any Employer must pay an Employee 

shall be totaled to es~ish an Employee's eligibility for an earne~ation benefit. Each Employer 

shall pay its pro rata ce ofan Employee's earned vacation bene, An Employee must he paid a 

minimum of four hundred (400) hours in the industry during the qualifying period to be eligible for 

a vacation benefit. 

D. Work days lost through compensation claims are to be included when computing the number of days 

for eligibility for a vacation benefit. provided the Employee worked four hundred (400) hours during 

the qualifying period. 

E. Vacation benefits for itinerant workers shall be paid on or before June 30th of each year. 

SECTION 8. 

PRIOR BENEFITS · MAINTENANCE OF STAND ARDS 

Ifwages or any other term or co11dition ofemployment, in any classification, is better. higher or superior 

to those provided in this Agreement, then such wages. tenns and conditions shall continue in full force and 

effect and shall not be modified because ofthe terms and conditions of this Agreement. 

SECTIO:'i 9. 

SENIORITY CLAUSE 

A. Union and Employer recognize the principle ofseniority and agree that same shall be applicable on a 

job classification basis including, but without limiting the generality thereof. to the following: promotion, 

holidays, scheduling of vacations, etc. 

B. Senior Employees shall have preference to work at the job for which the pay is highest, provided such 

Employee is qualified for such work. 

C. Any Employee working thirty (30) days in one hundred (I 00) shall be placed on the seniority list as of 

his first day ofhire. No Employee may be on more than one ( I) seniority list at any one (I) time. The seniority 

list is frozen at twenty (20) men for this contract. 

D. The Foreman, selected by the employer shall be the first man assigned on each job. 

F.. [ach employer has the right to name the first three (3) men (from the 20-man seniority list) for each 

event from each day's total Teamster call. 

F. lfthe union is involved in a picket line at a show site. the most senior man on the picket line shall be put to 

work on that show for the day, for the Employer being picketed. Any days worked after the first day, the 

foreman shall follow the seniority list. 

SECTION 10. 

HEALTH AND PENSION 

UUJ:IEALTH 

The Employer shall participate in the Local 807 l.abor-'.\1anagemcnt Health Fund. 

Contributions by the Employer shall, effective October I, 2014 be paid as follows: 

5 

00510 
']. Where, during any quarterly reporting period. an Employee is paid by an Employer for less than sixtyfive (65) days, including re~days. sick days, Sarnrdays, Sundays. and ~ays (whether worked or not). the 

Employer shall contribute" ~ prevailing rate. to the health Fund on he, ..,' ofthat Employee for each paid 

straight time and overtime hour up co a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period. an Employee is paid by an Employer for sixty-five (65) or 

more days. including regular days. sick days. Saturdays. Sundays. and holidays (whether worked or not). the 

Employer shall contribute. at the prevailing rate. to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day, 

The rate of contribution to the Health Fund effective. 

October l, 2014 the rate shall be $7.94 per hour. 

October I. 20 l 5 the rate shall be $8. l 9 per hour. 

October l. 20 I 6 the rate shall be $8.44 per hour. 

Octoher L 2017 the rate shall be $R.69 per hour. 

October l, 20 l 8 the rate shall be $8.94 per hour. 

October l, 20 l 9 the rate shall be $9. l 9 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

113} PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by rhe 

Employer shall, effective October l, 2014 and to be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid hy the Employer for less than sixtyfive (65) days, including regular days, sick days. Saturdays. Sundays. and holidays (whether worked ornot). the 

Employer shall contribute, at the prevailing rate. to the Pension Fund on behalfofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where. during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days. sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October l. 2014 the rate shall be $9.0l 5 per hour. 

Effective October I, 2015 the rate shall be $9.465 per hour. 

Effective Octoher l, 20 l 6 the rate shall be $9.915 per hour. 

Effective October I. 2017 the rate shall be $10.365 per hour. 

Effective October I, 20 I 8 the rate shall be$ I 0.815 per hour, 

Effective October 1, 2019 the rate shall be $11.265 per hour. 

The rate of contribmion to the Pension Fund for all other employees, 

Effective October I, 2014 the rate shall be $6.95 per hour, 

Effective October I, 2015 the rate shall be $7.40 per hour, 

Effective October I, 2016 the rate shall be $7.85 per hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. 

Effective October l, 2018 the rate. shall be $8. 75 per hottr. 

Effective October 1. 2019 the rate shall be $9.20 per hour. 

6 

00511 
If an employee permancnt~aves the Higher Rat\; per hour core for •~c-.;cr the reason th~ senior most 

employee within the per ho ore shall immcdiat~ly mo\'e up into the hi;;:;" _J° rate per hour core and han~ that 

amrnmt thereafter cnnrrihuterl nn hisiher hehalftn the Pension Funn. There shall be t"enr,· ('.!Oi m,'n in the 

higher rat.: pt!nsion at all times. 

P~nsion contrihutions are tn he depnsit~d in a ,epr-iraie ac1;n11nt. 1101 tn he 11sl!d fc,r other than Pen:;inn Fund 

pt1rposes. 

(C) REHAR Pi/\N 

Pension incrcnses shall be as prescribe per the pension rehab plan. Tlw employer adopts the terms and 

condition ofthe Pension Rehabilitation Plan. 

(ill TRllST FUNDS: 

:=i. Thi:! Trustees of the Health imd P~nsion Funds sh:.-ill h~ those per'-ons now ai..:tive as Tru:.recs. or their 

duly designated successors. 

b. Contrib11l ions sh:1II he 111ade tn the Trusrees ofthe F1md5. Tht! Employer shall fonwtrd his contributions 

to the Funds at periodic intervals set by the Trustees. 

c The Tnistcc5 shnll lrnv~ the right to acccpl th~ Lnion as ,in Fmplnyer and to cnver the Union\ 

employees for both pension and health ocncfits. 

d. The Tru~tee!:- shall establish rules. which shall include. among other things. the requirements of 

eligibility. distribution ofthe Health and Pension Funds and the rights ofemployees thereunder. The Trustees 

shall St!t fo11h the rules and provisions governing the administration of the l-und5. If thi; Trustees do not agree 

on mies covering the foregoing. a neutrnl Trnstee shall he added to the Board ofTrnstees and the decision ofa 

majority ofthe Board ofTrustees wirh respect ro the whole or any pan ofthe Health and Pension Funds shall be 

binding upon the parries hereto. 

e. The Trustees of the Health and Pe-nsion Funds may assess pcnaltit!s for any und all delinquent payments 

in amounts. which th~y. in discretion. deem. justified to offset the added cost of collection. 

In the event the Emplo:,-er defaults in payment of pension and/or health contribt11ions, or penalties and notice of 

such default is served upon the Employer via ordinal) mail by the i\dministrator ofthe Funds. and copies are 

::;ent to the Union. Pension and/or Health Tntslees_ and ifs:iid default is nnt pnid \\ it.bin tivc (5) \\orking day5 

a lier said notice ofdefaulr. then the provisions forarbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Cnion shall thereupon order and enforce a strike against rhe Employer in default, 

which shall not he considered a breach of this :\greemcnl. The Employer shall" ilhin twenty (20) days after 

each quarter st1bmit to the Administrator ofthe Funds a statement. under oath, s.::tting forth the names and social 

security numbers ot all F.mployees. both Union and nonunion. who have \\Orked in the preceding quarter in all 

clnssific;:=itions covered . hv -this A1.rrei:ment ~ and ~uch ~tal·ement 5hall se1 . forth the contributions rn;1de on behalfof

such Employees. The Funds' Administrator. on his own motion. or at the request ofthe Cnion shall have the 

right to inspect the books and/or records relative to such statement and to interview all f:.mployees or the 

Employer. The Admini~trator sh:ill tbrthwith report in \Vriting the res11lts of any inspection or inter\'iC\\, 

f. Employer contributions to the Local 807 Labor-:vlanagement I lea Ith and/or Pension Funds on behalf of 

corporate officers or salaried employees. perfonning covered employment during a qL1arterly reporting period. 

sh~ll be for a minimum of five huncired and tweniy (520) hour~ for s<'lid q11tlrter. at the prevailing rnte. 

7 

00512 
· D. The Emplo~·er shall pay Employees on a partal-ro-portal basis as follo\\s: 

...... ~ An Fmrloyee ~hali start th nt:: F.rnplnyer's garag~. to \Vhich h~ ha~ hel~1 _•rma11ently a..;signtd. and hi'; day'-; 

"Ork shall end m said garage. !fan: Employee ends his day's work ar an: othe.r place he shall be paid for his 

time and transportation expenses back to the garage to which he has been permanently assigned. 

SECTION 14. 

NOTICES 

A. The Emplovers agree to submit to the Cnion. on a monthly basis. an alphabetical listing ofthe daily 

employment of each Employee during the preceding month. A copy of that list is to be retained by the 

Employer as a perm:mem n:cnrd. 

B. The Employer shall notif)· the Union Business Representative of all Trade Shows. Conventions. 

Exhibition Fields. etc .. in writing. at least three (3) days in advance as to the time and place thereo[ when 

practicnl. 

SECTI.ON 15. 

RESTRICTF.D PAYMENT BY CHl::CK 

A. In the event Employees arc paid hy check the Employer shall make arrangements convenient for the 

Employees to cash same without expense or loss oftime to the Employees. In the event the Employer fails to 

mrike the necessary arrangements~ the Employees shall h~ reimhu~ed hy the F.rnployer for all expense:; and time 

incurred in cashing or negotiating checks. All information such as: hours worked, etc .. must be shown on check 

and kept up-to-date. 

B. In the event an~ check issued hy an Emplo~·cr to an Employee for e,penses, wages. etc .. is 

dishonored or payment thereof is delayed. except when same is due to bank error. all future payments (including 

wages, vac.:~tion pay, holiday ray. expenses. etc.) to Employees shall he hy cash only. 

SECTION 16. 

NO SUB-CONTRACTING 

The Employer shall nor. without prior wrirten consent ofthe 1-:nion. cause or pennh any ofits work. 

covered by this Agreement. to he performed other than by Employees covered by this Agreement. 

SECTION 17. 

NO INDIVIDUAL AGREEMENTS 

The Employer shall not make any individual written or verbal agreement or have any understanding with any of 

its Employees that may conflict with this Agreement or that may vary the tenns of this Agreement: and any such 

ind i\'idunl agreements or undt:!rst:mding. p.ast or ti,tui-e. are hereby declared to be n11li and VC'lid and ofno fnrce 

and effect except to the extent that they may consrittrte a prior existing benelit or standard as de lined in Section 

9 herco[ 

9 

00513 
32-43 49th Street, Long Island City, NY 11103 Teamsters Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

Greater New York Vicinity and Metropolitan Area 

' 

John "Buddy" Su/I/van Anthony Storz Lu Herrera Raymond Asquino Angel Curbelo Gladys Nieves Marty Meyers 

President Secretary~Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

MEMORANDUM 

DATE: MARCH 14,2014 

TO: HEALTH AND PENSION FUNDS 

PROFIT SHARING FUND 

FROM: TONY STORZ-BUSINESS AGENT 

SUBJECT: RIGGING & MACHINERY MOVERS & TRADE SHOW DIV. CONTRACT 

THE FOLLOWING COMPANYHAS CURRENTLY SIGNED UNDER THE RIGGING AND MACHINERY MOVERS 

AND TRADE SHOW DIVISION CONTRACT, EFFECTIVE 10-01-08 THRU 9-30-14: 

Atlantic Exposition 

3089 English Creek Avenue 

Egg Harbor Township, NJ ()~234 

CONTRIBUTIONS WILL BE MAl)E. AS FOLLOWS: 

I-PROFIT SHARING/ANNUITY: . ' ,', •' ' . . . ' . 

The Employer has agre,edthat <:t>rttributiops on tqe Employees' behalf ate to be made into 

the Local 807 Profit Shiring/ #uity Fund j11 the sU!I). of six ,dollai:s \ifl{fortr~three cents 

($6.43) per hour effectiveOc:tqber 1,2009,si'x dQl!ars \lll~ eigh,o/~eig__l!t cents ($6.88) per hour 

effective October I, 2.Ql 0, S(lveri. dofl8!"§, arid tltlryy-three cents ($7.33)p~r hol\1' effective 

October I, 2011, seveirdollars !i\)ciseventy0eight cents ($7,78)pet: lio11r effective October 1, 

2012, eight dollars and twenty-three.cents ($8,:23) per hour effective Octobeil, 2013 for all 

straight time hours. - \ .- . 

And for all double time hourstwe!vedollars and elght-sixcents ($12.~6) p¢r hour effective 

October 1,2009,thirteen dollars and seventy-six cehts '($13.76) per ho11r effective October 1, 

2010, fourteen dollars and sixty~si.~ cents ($14.66) pe!'hour effective bc!o~efl, 2011, fifteen 

dollars and fifty-six cents ($15. 56)per h0ilt effective October I, 2012, ~1x\eefl dollars and fortysix cents ($16.46) per hour effective Optober 1,20]3for all double iim,'iiovertiine. The Annuity 

shall be paid for all hours such as holiday's sick days afld all other paid days. 

Employers will provide individual written notice to all employees of Teamster Local 

No. 807 within thirty (30) days ofthe month end of all annuity payments made by the 

Employer in the member's name. 

www.TeamstersLocal807.com.org.net 

00514 
' 

2-HEALTH FUND: 

THE RA TE OF CONTRIBUTION TO THE HEALTH FUND, EFFECTIVE OCTOBER 1, 2008, SHALL BE SIX DOLLARS AND 

FORTY-FOUR CENTS ($6.44) PER HOUR. 

3-PENSION: 

THE RATE OF CONTRIBUTION TO THE PENSION FUl\'D FOR MEN ON THE (20) MAN SENIORITY LIST, EFFECTIVE 

OCTOBER 1, 2008, SHALL BE SIX DOLLARS AND THIRTY-ONE AND ONE HALF CENTS ($6.31.5) PER HOUR. 

A. THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR ALL OTHER MEN, EFFECTIVE OCTOBER 1, 2008 WILL 

BE FOUR DOLLARS AND TWENTY-FIVE CENTS ($4.25) PER HOUR. 

B. CORES: [FAN EMPLOYEE PERMANENTLY LEAVES THE HIGHER RATE PER HOUR CORE FOR WHATEVER THE 

REASON THE SENIOR MOST EMPLOYEE WITHIN THE $4.25 PER HOUR CORE SHALL IMMEDfATEL Y MOVE UP INTO 

THE HIGHER RATE PER HOUR CORE AND HAVE THAT AMOUNT THEREAFTER CONTRIBUTED ON HIS/HER BEHALF TO 

THE PENSION FUND. THERE SHALL BE TWENTY (20) MEN IN THE HIGHER RATE PENSION AT ALL TIMES. 

ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS: 

EMPLOYER'S RATE ON CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS SHALL BE INCREASED AS 

FOLLOWS: SEVENTY (. 70c) CENTS EFFECTIVE OCTOBER 1, 2009, SEVENTY (.70c) CENTS EFFECTIVE OCTOBER 1, 

2010 AND SEVENTY (.70c) CENTSPERHOUREFFECTIVE0CTOBER 1,2011 ANDSEVENTY(.70C)CENTSPERHOUR 

EFFECTIVE OCTOBER 1,2012 AND SEVENTY (.70C) CENTS PER HOUR EFFECTIVE OCTOBER 1,2013. 

00515 
. -·------------

SECTION 10. 

HEALTH AND PENSION 

/AlHEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October l, 2008 be paid as follows: 

1. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty• 

five (65) days, including regular days, sick days, Sarurdays, Sundays, and holidays (whether worked orno.t), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund, effective October I, 2008, shall be six dollars and forty-four cents 

($6.44) per hour. Any increase in this rate of contribution shall be in accordance with paragraph (C) of this 

Section. 

Health contributions are to be deposited in a separate account, not to be used for other th_an Health Fund 

purposes. 

(B)PENSJON 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2008 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf ofsaid Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where; during any quarterly reporting period,an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

? 

00516 
The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 200B, 

shall be six dollars and thirty-one and one half cents ($6.31.5) per hour.· Any increase in this rate of 

contribution shall be in accordance With paragraph (C) of this Section. 

The rate of contribution to the Pension Fund for all other men, effective October I, 2008 will be four dollars and 

twenty-five cents ($4.25) per hour. 

Cores: If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior 

most employee within the $4.25 per hour core shal I immediately move up into the higher rate per hour core and 

have that amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men 

in the higher rate pension at all times. 

Pension contributions are to be deposited in a separate accoun~ not to be used for other than Pension Fund 

purposes. Any increase in this rate of contribution shall be in accordance with paragraph (C) of this Section. 

Q. ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS: 

Employer's rate of contributions to the Health and/or Pension Funds shall be increased by seventy (.70c) cents 

per hour effective October I, 2008 and seventy (.70c) cents per hour effective October I, 2009, seventy (.70c) 

cents effective October I, 2010 and seventy (.70c) cents per hour effective October 1,2011 and seventy (.70c) 

cents per hour effective October 1,2012 and seventy(.70c) cents per hour effective October 1,2013. 

The allocation of all additional contributions during the life of this Agreement as between the Health and/or 

Pension Funds shall be determined by the Union in its sole discretion prior to the respective dates thereof. The 

Employer shall increase its contributions to each or both of the Funds in accordance with the Union's 

determination. · 

For the period between April I, 2008 to September 30, 2013 the Employer shall pay any additional 

contributions to the Health and/or Pension Funds provided in the New Jersey-New York Area General Trucking 

Supplement to the National Master Freight Agreement and the Union's Rider thereto. 

(ID TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or 

their duly designated successors. 

b. Contributions shall be made to the Trustees of the Funds. The Employer s_hall . forwru:d his 

contributions to the Fund.sat periodic intervals set by the Trustees. 

The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

B 

00517 

c 
d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibiliry, distribution of lhe Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. If the Trustees do nor agree 

on rules covering the foregoing, a neutral Trusree shall be added to the Board of Trustees and the decision of a 

majority of the Board ofTrustees with respectto the whole or any part of the Health and Pension Funds shall be 

binding upon the parties hereto. 

e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent 

payments in amounts, which they, in discretion, deem, justified to offser the added cost of collection. 

In the event the Employer defaults in payment ofpension and/or health contributions, or penalties and notice of 

such defaulr is served upon the Employer via ordinary mail by the Administrator of the Funds, and copies are 

sent to the Union, Pension and/or Health Trustees, and if said default is not paid within five (5) working days 

after said notice of default, then the provisions for arbitration shall be deemed canceled withdrawn and waived 

by the Employer and the Union shall thereupon order and enforce a strike against the Employer in defaulr, 

which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit 10 the Administrator of the Funds a statement, under oath, setting forth the names and social 

security numbers of all Employees, both Union and nonunion, who have worked in the preceding quarter in all 

classifications covered by this Agreement and such statement shall set forth the contributions made on behalf of 

such Employees. The Funds' Administrator, on his own motion, or at the request of the Union shall have the 

right 10 inspect the books •and/or records relative to such statement and to interview all Employees of the 

Employer, The Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions to the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTIONll 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 2008 and to be paid as follows: 

a. For the period October 1, 2008 to September 30, 2014 the Employer will contribute the following: 

F<iu~ dollars and twenty five cents ($4.25) per hour effective October I, 2008, four dollars and fifty cents 

($4.50) per-hour effective October l, 2009, four dollars and seventy- five cents ($4.75) per hour effective 

October I, 2010, five dollars ($5.00) per hour effective October I, 2011, five dollars and twenty five cents 

($5,25) per hour effective October I, 2012, five dollars and fifty cents ($5.50) per hour effective October I, 

2013 for straight time, 

Eight dollars and fifty cents ($8.50) per hour effective October 1,2008, nine dollars ($9.00) per hour effective 

October I ,2009, nine dollars and fifty cents ($9.50) per hour effective October 1,2010, ten dollars ($10.00) per 

hour effective October 1,2011, ten dollars and fifry cents ($10.50) per hour effective October 1,2012, eleven 

dollars ($11.00) per hour effective October 1,2013, for overtime (double time). 

00518 
Teamsters 32-43 49th Street. Long Island City, NY 11103

Phone (718) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees ...... Greater New York Vicinity and Metropolitan Area 

John "Buddy" Sul/Ivan Anthony Storz Lu Herrera Raymond Asquino Gladys Nieves . Ma,ty Meyers Scott 8f1dY 

President Secretary-Treasurer Vice President Recording Secretary Trustee // Trustee Trustee 

EMORANDUM / (Zee 1

J I / 17 / I 7 C. aP To: Health and Pension Funds 

From: Lu Herrera- Vice President 

Subject: Accord Supply 

Date: January 17, 2017 

The above employer has signed an agreement effective from November 1,2016 through 

October 31, 2019. 

The employer has agreed to make the following contributions to the Health Funds: 

ARTICLE 51. HEAL TH, PENSION AND ANNUITY 

The Employer has agreed to make the following contributions to the Local 807 Health, Pension and 

Annuity Funds on the Employee's behalf ( eight(8) hours per day, forty (40)hours per week, (2080) two 

thousand eighty hours per year): 

11/1/16 11/1/17 11/1/18 

HEALTH: $8.44 per hour $8.69 per hour $8.94 per hour 

PENSION: $6.90 per hour $7.35 per hour $7.80 per hour 

ANNUITY: $3.50 per hour $3. 70 per hour $3.90 per hour 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan 

as amended as if said contribution schedule was set forth in this Agreement 

All new hires will become participants in the Local 807 Pension Fund only. 

1. The Employer's rate of contributions to the Health and or Pension Funds shall be increased effective 

.1-1/1/16. 

2. The allocation of said additional contributions effective and as between the Health and Pension Funds 

shall be determined by the Union in its sole discretion prior to the respective dates thereof. The Employer shall 

increase.its contributions to each or both of the funds in accordance with the Union's determination. 

3. The Trustees of the Health, Pension and Annuity Funds shall be those person now active as Trustees, 

or duly designated successors. 

4. Contributions shall be made to the Trustees of the Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

5. The Trustees of the Health, Pension and Annuity Funds shall establish rules which shall include, 

among other things, the requirements for eligibility, distribution of Health, Pension and Annuity Funds and the 

rights of Employees thereunder. The Trustees of said Funds shall also set forth we.rules and regulations 

go'0erning the administration ofthe Health, Pension and Annuity Funds. · 

6. The Trustees of the Health, Pension1'NW:it>JR8iff~lll,ds may assess penalties for any and all 

00519 
7. In the event the Employer defaults in payment of Health, Pension, and Annuity contributions and notice ofsuch default is 

served upon the Employer, via ordinary mail by the Administrators of the Funds, and copies are sent to the Union and Trustees, 

and if said default is not paid within five (5) working days after said notice of default, then the provision for arbitration shall be 

deemed canceled, withdrawn and waived by the Employer and the Union shall thereupon order and enforce a strike against the 

Employer in default, which shall not be considered a breach of this Agreement. The Employer shall within twenty (20) days after 

each quarter submit to the Administrators of the Funds a statement, under oath, setting forth the names and social security 

numbers ofall Employees, both Union and non-union, who have worked in the preceding quarter in all classifications covered by 

this Agreement and such statement shall set forth the contributions made on behalf of such Employees. The Funds 

Administrators, on their own motion, or at the request of the Union shall have the right to inspect the books and/or records relative 

to such statement and to interview all Employees of the Employer. The Administrators shall forthwith report in writing the results 

of any inspection or interview. 

 

00520 
Declaration or Memorial Day Christmas Day 

Independence Day 

Labor Day 

2. Any Employee covered by this Agreement with one (1) year or more seniority who 

was not ordered for work on a holiday shall nevertheless be guaranteed the above 

holidays provided such Employee makes himself available for work on the scheduled work 

day before and the scheduled work day following the holiday. 

Any Employee covered by this Agreement with less than one (1) year seniority who 

works three (3) days in any calendar week during which one of the above listed holidays 

occur, but who was not ordered to work on the holiday shall nevertheless receive one (1) 

day's pay for the holiday. 

These provisions shall also apply if a holiday falls on a Saturday. If during any 

holiday week an Employee is unable to work a day because of federal or state regulations, 

he shall be credited with one (1) full day. 

All provisions of Article 20 of this Agreement with respect to holiday pay shall apply 

to work performed on any of the recognized holidays. 

ARTICLE 51. HEAL TH, PENSION AND ANNUITY 

The Employer has agreed to make the following contributions to the Local 807 

Health', Pension and Annuity Funds on the Employee's behalf ( eight(8) hours per day, 

forty (40)hours per week, {2080) two thousand eighty hours per year): 

11/1/16 11/1/17 11/1/18 

HEAL TH: $8.44 per hour $8.69 per hour $8.94 per hour 

PENSION: $6.90 per hour $7.35 per hour $7.80 per hour 

ANNUITY: $3.50 per hour $3.70 per hour $3.90 per hour 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along 

with future amendments. The Company agrees to pay the annual contribution increases 

required by the Rehabilitation Plan as amended as if said contribution schedule was set forth in 

this Agreement. 

All new hires will become participants in the Local 807 Pension Fund only. 

1. The Employer's rate of contributions to the Health and or Pension Funds shall be 

increased effective 11/1/16. 

2. The allocation of said additional contributions effective and as between the Health 

and Pension Funds shall be determined by the Union in its sole discretion prior to the 

respective dates thereof. The Employer shall increase its contributions to each or both of 

the funds in accordance with the Union's determination. 

19 

00521 
3. The Trustees of the Health, Pension and Annuity Funds shall be those person now 

active as Trustees, or duly designated successors. 

4. Contributions shall be made to the Trustees of the Funds. The Employer shall 

forward his contributions to the Funds at periodic intervals set by the Trustees. 

5. The Trustees of the Health, Pension and Annuity Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution of Health, 

Pension and Annuity Funds and the rights of Employees thereunder. The Trustees of 

said Funds shall also set forth the rules and regulations governing the administration of the 

Health, Pension and Annuity Funds. 

6. The Trustees of the Health, Pension and Annuity Funds may assess penalties for 

any and all delinquent payments in an amount which they, in their discretion, deem 

justified to offset the added cost of collection. 

7. In the event the Employer defaults in payment of Health, Pension, and Annuity 

contributions and notice of such default is served upon the Employer, via ordinary mail by 

the Administrators ofthe Funds, and copies are sent to the Union and Trustees, and if said 

default is not paid within five (5) working days after said notice of default, then the 

provision for arbitration shall be deemed canceled, withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, 

which shall not be considered a breach of this Agreement. The Employer shall within 

twenty (20) days after each quarter submit to the Administrators of the Funds a statement, 

under oath, setting forth the names and social security numbers of all Employees, both 

Union and non-union, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on 

behalf of such Employees. The Funds Administrators, on their own motion, or at the 

request of the Union shall have the right to inspect the books and/or records relative to 

such statement and to interview all Employees of the Employer. The Administrators shall 

forthwith report in writing the results of any inspection or interview. 

ARTICLE 52. WAGES 

A. Schedule of wages (for employees with six (6) months or more of continuous 

service.) 

Wage Increases: $1.00 for each year of the contract as follows; 

Effective Date Hourly Rate 

DRIVERS: 11-1-16 $23.85 

11-1-17 $24.85 

11-1-18 $25.85 • 

B. The Employer shall have the right to give such additional wage increases and/or 

bonuses for merit to such employee (s) as in its sole judgment and discretion it deems 

warranted. Nothing contained herein shall be deemed to require the granting of any such 

merit wage increase and/or bonus. No such increase granted or not granted under the 

terms of this Section shall be subject to the grievance and/or arbitration procedures of this 

20 

00522 

- ' 
3~ """' • .,;; 49th Street, Long Island City, NY 11103 ~~~-,ll-~ Teamsters Phone (718) 726-2525 • Fax (718) 72f"7037 't-ll ~~~-~ LOCAL UNION 807 E-mail: local807@aol.com 

. . Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

.

,,2t····. Greater New York Vicinity and Metropolitan Area 

John •Buddy" Sullivan Anthony Storz Lu Herrera Raymond Asqulno Angst Curbelo Gladys N/evss Marty Msyers 

President Secreia.,rTreasurer Vlce President Recording Secretary Trustee Trustee Trustee e-. 

MEMORANDUM 

To: Health and Pension Funds • .. 1.J( ·, .,, ,.

From: John Sullhran•· \...,.~ I~. (.v-· '--1.... ·,Lt,.

Subject: Air Louver and Damper 

Date: December 17, 2015 

The above employer has sign~ an agr~ment_effectlva frci!il December 1, 2015 

to November 30,2020. · ···· 

PENSION FOND: . .,

,. 

The Conip~.~Y. a"~j>ts t_he te!!11~'.~~-fp9nd{t!pP!S qf.:~he r~nsion Fund's 

Rehabilitation Plan incl~~-i~kthcf 4~ ~~~ltit~r::t,j~i.~;i!;l~.r~~1fo per,ye.;_r effective 

12/1/15

4.84 

12/1/15 

SECTION 32 

(a) 

Paragraph 

32, inclum1g additional contribLi.tions shall be made for all hours worked with a 

maximum of eight (8) hours per day and forty (40) ho.urs in the Monday through 

Sunday week. ' 

(b) No contributions shall be due for any of the following: 

I 

www.Teamsterslocal807 .com.org.net 

00523 
·' 

1. Unused sick days for which the employee receives pay pursuant 

to Section 12 above; 

2. Vacation pay received by an employee who has worked t!ough 

his vacation and receivec! 40 hours regular pay in the same week. Nothing 

contained in this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules 

which shall include, among other things, the requirements for eligibillty, ' 

distribution of Health and/or Pension Fund assets and the rights to beneficiaries 

thereunder. The Trustees of said Funds shall also set forth the rules and 

regulations governing the administration of the Health and Pension Funds, 

(b) The Trustees of the Health and Pension Funds may assess 

penalties for any and all delinquent payments In amounts which they, In their 

discretion, deem justified to offset the added cost of collection. 

(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said 

Employer via ordinary mail by the Administrator of the Funds and, if said default is 

not paid within ten ( 10) working days after said notice of default was mailed, then 

the provisions for arbitration under this agreement shall be deemed cancelled, 

withdrawn and waived by said Employer and the Union shall thereupon order and 

enforce a strike against said Employer in default which shall not be considered a 

breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day of 

the preceding month submit to the Administrator of the Health and Pension 'jund a 

statement, under oath, setting forth the names and social security number 01'-ll 

employees, both Union and non-Union, who have worked during the preceding month 

In any classification covered by the terms of this agreement and such statement . . shall set forth the 

Contributions made on behalf of such employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/Qr records ,•, 

relative to such statement and to interview all covered employees of the Employfrs. The 

administrator shall forthwith report, in writing, the results of any inspection or, interview 

To the Employer and the Trustees. SECTION 34 

 

00524 
(a) THE UNION SHALL SERVE 

-

A COPY OF ITS REQUEST FOR 

ARBITRATION UPON THE EMPLOYER AND ITS COUNSEL, IF KNOWN, 

WITHIN SEVEN (7) DAYS OF THE UNION'S RECEIPT OF THE COMPANY'S 

NOTICE OF DISCIPLINARY ACTION. 

SECTION 28 JURY DUTY PAY 

Each employee shall receive $60 per day for each day served on jury duty with a 

maximum often (10) days benefit during the life ofthis contract. 

To receive this benefit the employee must: 

(a) Notify the Employer at least one (I) week in advance that he or she is 

subject to call for jury duty. 

(b) Notify the Employer on each morning he or she actually serves on jury 

duty and, 

(c) Provide actual proof of service on a jury. 

SECTION 29 SEVERANCE PAY 

In the event an employer ceases operating or moves its operations more than fifty 

(50) miles from its previous location and an employee is not given the opportunity to 

follow the job, the Employer shall pay one (I) day's wages for each full year of service. 

SECTION 30 MAINTENANCE OF STANDARDS 

The Employer agrees that all conditions ofemployment relating to wages, hours 

of work, overtime differentials and general working conditions which are better, higher or 

more favorable to the employer's employees than those provided for by or under the 

Agreement shall be maintained and the Employer agrees that its employees shall continue 

to enjoy these better, higher and more favorable practices, standards and/or benefits. 

SECTION 31 PENSION AND HEALTH FUND CONTRIBUTION RATES 

During the term ofthis Agreement, the Employer shall contribute to the Local 807 

Labor-Management Pension Fund ("Pension Fund") and the Local 807 LaborManagement Health Fund ("Health Fund") on behalf ofits covered employees. The 

benefits of those plans shall be those prescribed by the Trustees ofthe respective Fund. 

(a) The Employer shall contribute to the respective benefit funds according to 

the following schedules: 

15 

00525 
PENSfON FUND: 

The Company adopts the tenns and conditions of the Pension Fund's 

Rehabilitation Plan including the 45 cent per hour increase per year effective December 

I

51 of each Contract Year. 

12/1/15 12/1/16 12/1/17 12/1/18 12/1/19 

4.84 5.29 5.74 6.19 6.64 

HEALTH FUND: 

12/I/!5 12/1/16 12/1/17 12/1/18 12/1/19 

8.19 8.44 8.69 8.94 9.19 

SECTION 32 CONTRIBUTION LIMITATIONS 

(a) All of the Health and Pension Fund contributions as set forth in Paragraph 

32, including additional contributions shall be made for all hours worked with a 

maximum ofeight (8) hours per day and forty ( 40) hours in the Monday through Sunday 

week. 

(b) No contributions shall be due for any ofthe following: 

I. Unused sick days for which the employee receives pay pursuant to 

Section 12 above; 

2. Vacation pay received by an employee who has worked through 

his vacation and received 40 hours regular pay in the same week. Nothing contained in 

this subsection shall alter the provisions of Section 11 (b)(viii); 

3. Jury duty pay. 

SECTION 33 HEALTH AND PENSION-MISCELLANEOUS RULES 

(a) The Trustees of the Health and Pension Funds shall establish rules which 

shall include, among other things, the requirements for eligibility, distribution of Health 

and/or Pension Fund assets and the rights to beneficiaries thereunder. The Trustees of 

said Funds shall also set forth the mies and regulations governing the administration of 

the Health and Pension Funds. 

(b) The Trustees ofthe Health and Pension Funds may assess penalties for 

any and all delinquent payments in amounts which they, in their discretion, deem 

justified to offset the added cost ~f collection. 

16 

00526 
(c) In the event any Employer defaults in the payment of Health or Pension 

Fund contributions or penalties and notice of such default is forwarded to said Employer 

via ordinary mail by the Administrator ofthe Funds and, ifsaid default is not paid within 

ten (I 0) working days after said notice of default was mailed, then the provisions for 

arbitration under this agreement shall be deemed cancelled, withdrawn and waived by 

said Employer and the Union shall thereupon order and enforce a strike against said 

Employer in default which shall not be considered a breach of the agreement. 

(d) Each Employer shall within twenty (20) days following the last day ofthe 

preceding month submit to the Administrator ofthe Health and Pension Fund a statement, 

under oath, setting forth the· names and social security number of all employees, both 

Union and non-Union, who have worked during the.preceding month in any classification 

covered by the terms ofthis agreement and such statement shall set forth the 

contributions made on behalf ofsuch employees. The Health and Pension Funds 

Administrator, on his own motion, shall have the right to inspect the books and/or records 

relative to such statement and to interview all covered employees of the Employers. The 

administrator shall forthwith report, in writing, the results ofany inspection or interview 

to the Employer and the Trustees. 

SECTION 34 NONDISCRIMINATION 

All employees covered by this agreement shall be treated equally and without 

discrimination as to race, creed, color, national origin, sex, age, handicap, marital status, 

sexual orientation or affectional preference in all employment decisions, including, but 

not limited to hiring, compensation, training, promotion, demotion, transfer, layoff and 

tennination, and all other terms and conditions ofemployment. 

SECTION 35 UNION DISCLAIMER 

The Union agrees that it will neither sanction nor support any wildcat strike, slowdown or curtailment in the operation ofthe Employer. The Employer agrees that it will 

not during the term ofthe Agreement engage in a lockout. 

SECTION 36 SEVERABILITY 

In the event any court shall hold any portion of this agreement to be in violation ofeither 

federal or state law, then the clause shall be deemed struck from ibis agreement an.d the 

balance of the agreement shall remain in full force and effect. 

SECTION 37 CDLLICENSES 

Any employee hired after December I, 2005 shall be required, as a condition of 

employment, to obtain a Commercial Drivers License within 120 days of employment. 

17 

00527 
32-43 4~Street, Long Island City, NY 11103 Teamster"" ' Phone 8) 726-2525 • Fax (718) 7?6-7037 ' 

•• LOCAL UNION 807 ' E-mail: local807@aol.com J 

Anthony Storz /.JJ Herrera Raymond Asqu/no Angel Curbelo Gladys Nieves Marty Meyers 

Secretary-Treasurer Vice President Recording Secretary Trustee Trustee Trustee 

t/l::c'rA 1->/1r/1& 

@c 

Memorandum 

To: Health Pension, and Profit Sharing Funds 

From: Tony Storz 

Subject: Aluma Systems Concrete Construction 

1800 Lower Road Linden NJ 07036 

Date: October 17, 2016 

The Employer shall par1icipate in the Local807 Labor-Management Health. Pension Fund ("Funds") 

To provide the benefits prescribed by the Trustees of the Funds, the Employer shali periodically 

contribute to the Funds at the rates set forth herein. 

A Health Fund Contributions: 

Effective April 1, 2016 Health Fund shall be $8.44 hour 

EffecUve April 1, 2017 Health Fund shall be $8.69 hour 

Effective April 1, 2018 Healh Fund shall be $8.94 

hour 

B. Pension Fund Contributions: hi per the Pension Rehabilitation Plan. 

Effective April 1, 2016 Pension Fund shall be $9.71/hour 

Effective April 1. 2017 Pension Fund shall be S10.16/hour 

Effective April 1, 2018 Pension Fund shall be $10.61/hour 

The Employer adopts the tenns and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Employer agrees to pay the annual contribution Increases required by the 

Rehabllltation Plan as amended as if said contribution schedulll was set forth Jn this Agreement. See 18 

above 

• 2, All contributions to the Health and Pension Funds shalt be made on a maximum of eight {8) hours per day, 

All contributions shall not exceed forty {40) hours per week. 

3 In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions of interpretation 

concerning the requirements to make contributions or portions thereof, the Employer shall not be 

deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure If a delinquency in the payment Is found to exist, the Employer shall pay the amount due, 

including interest, retroactive to the date of the delinquency 

www.TeamstersLocal807.net 

00528 
4 The Employer hereby agrees to pem,it an authorized representative of the Funds to inspect its payroll 

records for the purpose of checking the accuracy of the contributions required to be made by the 

Employer to the Funds. If the Employer fails to make the contributions provided for herein with'1n the 

time required by the Funds' trusts agreement and the rules and regulations of each of the Funds, then the 

Trustees may cancel out the benefits coverage for such bargaining unit employee on whose account the 

Employer has failed to contribute. 

5 The Employer must use the remittance fomis required by the Trustees of each Fund and comply with said 

instructions of the Trustees in filling out such forms 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly designated 

successors. 

7 Remittance reports and contributions shall be for.varded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly 

8 The Trustees shall have the righJ. to accept the Union as an Employer and to cover the Union's employees 

for both Health and Pension. 

9. The Trustee shall establish rules, which shat! include, among other things, the requirements for eligibility 

and distribution of the asset The Trustee shall also set forth the rules and procedure governing the 

distribution of the Funds. If the Trustees fail to agree on said rules and/or procedures, ; neutral Trustee 

shalt be added to the Board of Trustees and the decision of a majority of the Board of Trustees v..ith 

respect to the whole or any part of the Health and Pension Funds shall be binding upon the parties 

hereto 

10 The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, In their dscrebon, deem justified to offset the added cost of collection. 

11. The Employer shall participate in the Local 807 Labor Management Profit Sharing Fund. The 

Employer shall periodically contribute to the Profit Sharing Fund at the rate of $0.625 per hour 

up to 8 hours a day for a maximum of 40 hours per week for employees hired before July 1, 

1997. The Employer will not contribute to the Profit Sharing Fund for any employee hired on or 

after July 1, 1997 and such employees will not participate in the Profit Sharing Fund. 

00529 
9. In the event of the failure of either party to be present at the time and place designated for the 

arbitration, the arbitrator shall have the right to listen to the party appearing at the time and place of 

arbitration and shall have the power to render a decision based on the testimony before him. The 

decision of the arbitrator shall be final and binding upon both parties hereto and may be entered as a 

final decree of judgment. 

10. Both parties agree to split the cost of arbitration. 

ARTICLE 15, ENFORCEMENT OF AGREEMENT 

Both parties have the obligation to enforce all provisions of this agreement. 

ARTICLE 16. NONDISCRIMINATION 

There shall be no discrimination against any employee by either the Employer or the Unipn in regard to hiring, 

tenure of employment, promotion, transfer or other conditions of employment because of race, creed, color, sex, 

age, sexual preference, religion or natlonal origin. 

ARTICLE 17. MANAGEMENT RIGHTS 

The Employer retains all rights not specifically abrogated by this Agreement, including the right to control and 

supervise all of its operations, to determine the business or businesses it wlll conduct, to determine the activities 

and functions it will conduct in pursuit of its businesses, and to direct all working forces {including the right to 

select, hire, layoff, transfer, suspend or discharge employees for cause), to control and regulate the use of all 

equipment and other property of the Employer, to change location or facilities, to maintain discipline among 

employees, to introduce new or different methods or facilities, to consolidate and/or eliminate positions to cease 

or suspend business activities and to otherwise promote efficiency ln the operation, and to subcontract particular 

aspects or components of the work to an outside subcontractor or to a contractor who performs duties for the 

Employer as the needs artse. The Employer shall have the ability to subcontract local trucking as long as all active 

drivers are working and union drivers are used for trucking that the Driver would normally perform (delivery or 

pick up) on a daily basis in and out of the 1800 Lower Road Linden, NJ 07036 location. The provisions of this 

Article, however, are not to be used by the Employer for the purpose of discriminating against the Union or any of 

its members. 

ARTICLE 18. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer agrees that there 

will be no lock outs. 

ARTICLE 19. BEREAVEMENT LEAVE 

In the case of death in the immediate family of an employee who has been on the seniority list foe at least six (6) 

months ( i.e. spouse, parents, sister, brother, children, grandchildren, mother-in-law, or father-in-law), the 

Employer shall grant employees up to four (4) days off, with pay, for express purposes of attending services for the 

deceased. Two (2) days shall be guaranteed regardless of day of death or day of funeral, provided the employee 

loses two (2) days of work opportunity. Death certificates or other at satisfactory proof of death must be 

submitted to the Employer. Probationary employees are not entitled to bereavement leave. 

ARTICLE 20. HEALTH - PENSION 

1. The Employer shall participate In the Local 807 Labor-Management Health. Pension Fund ("Funds"). To 

provide the benefits prescribed by the Trustees of the Funds, the Employer shall periodically contribute to 

the Funds at the rates set forth herein. 

A. Health Fund Contributions: 

Effective April l, 2016 Health Fund shall be $8.44 hour 

Effective April 1, 2017 Health Fund shall be $8.69 hour 

00530 
.-. 

Effective April 1, 2018 Health Fund shall be $8.94 hour 

B. Pension Fund Contributions: As per the Pension Rehabilitation Plan. 

Effective April 1, 2016 Pension Fund shall be $9.71/hour 

Effective April 1, 2017 Pension Fund shall be $10.16/hour 

Effective April 1, 2018 Pension Fund shall be $10.61/hour 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Employer agrees to pay the a,nual contribution increases required by the 

Rehabilitation Plan as amended as If said contrib,tion schedule was set forth in this Agreement. See 18 

above. 

2. All contributions to the Health and Pension Funds shall be made on a maximum of eight (8) hours per day. 

All contributions shall not exceed forty (40) hours per week. 

3, In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions of interpretation 

concerning the requirements to make contributions or portions thereof, the Employer shall not be 

deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer shall pay the amount due, 

including interest, retroactive to the date of the delinquency. 

4. The Employer hereby agrees to permit an authorized representative of the Funds to inspect its payroll 

records for the purpose of checking the accuracy of the contributions required to be made by the 

Employer to the Funds. If the Employer fails to make the contributions provided for herein within the 

time required by the Funds1 trusts agreement and the rules and regulations of each of the Funds, then the 

Trustees may cancel out the benefits coverage for such bargaining unit employee on whose account the 

Employer has failed to contribute. 

5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions of the Trustees In filling out such forms. 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly designated 

successors, 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8. The Trustees shall have the right to accept the Union as an Employer and to cover the Union's employees 

for both Health and Pension. 

9. The Trustee shall establish rules, which shall Include, among other things, the requirements for eligibility 

and distribution of the asset. The Trustee Shall also set forth the rules and procedure governing the 

distribution of the Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee 

shall be added to the Board of Trustees and the decision of a majority of the Board of Trustees with 

respect to the whole or any part of the Health and Pension Funds shall be binding upon the parties 

hereto. 

10. The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, in their discretion, deem justified to offset the added cost of collection. 

11. The Employer shall participate in the Local 807 Labor Management Profit Sharing Fund. The 

Employer shall per·1odically contribute to the Profit Sharing Fund at the rate of $0.625 per hour 

up to 8 hours a day for a maximum of 40 hours per week for employees hired before July 1, 

1997. The Employer will not contribute to the Profit Sharing Fund for any employee hired on or 

after July 1, 1997 and such employees will not participate in the Profit Sharing Fund. 

00531 
•~1>1-c 

32-43@, Street, Long Island City, NY 11103 

Phone {718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aol.com 

Gladys Nieves Marty Meyers 

Trustee Trustee 

To: Health and Pension Funds 

From: Tony Storz 

Subject: Aces (American Convention Exhibitor Service) - Contribution letter 

Date: September 2, 20 I 5 

Profit Sharing Fund 

The Employer has agreed that contributions on the Employees' behalf are to be made into the 

Local 807 Profit Sharing Fund in the sum of eight dollars and twenty-three cents ($8.23) for all 

straight hours effective October 1, 2014 thru September 30, 2020. 

And for all double time hours at the sum of sixteen dollars and forty-six cents ($16.46), 

effective October I, 2014 thru September 30,2020 for all double time overtime. The Profit Sharing 

shall be paid for all hours such as holiday's, sick days and all other paid days. 

Employers will provide individual written notice to all employees of Teamster Local No. 807 

within thirty (30) days ofthe month end of all annuity payments made by the Employer in the 

member's name. 

HEALTH AND PENSION 

A)HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund.· 

Contributions by the Employer shall, effective October I, 2014 be paid as follows 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid straight 

time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) hours 

per day for each paid day. 

The rate of contribution to the Health Fund, effective October 1, 2014, shall be $7.94 per hour. October I, 2015 the 

rate shall be $8. l 9 per hour. October I, 2016 the rate shall be $8.44 per hour. October I, 2017 the rate shall be shall 

be $8.69 per hour. October I, 2018 the rate shall be $8.94 per hour. October 1, 2019 the rate shall be 

$9.19 per hour. Health contributions are to be deposited in a separate account, not to be used for other than Health 

Fund purposes. 

(B) PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the Employer 

shall, effective October I, 2014 and to be paid as follows: 

www.Teamsterslocal807 .com .org .net 

00532 
I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixty-five 

(65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) hours 

per day for each pay day. 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, effective October I, 20 I 4, shall 

be $9.015 per hour. Effective October I, 2015 the rate shall be $9.465 per hour. Effective October 1, 2016 the rate 

shall be $9.915 per hour. Effective October 1, 2017 the rate shall be $10.365 per hour. Effective October I, 2018 

the rate shall be $ I 0.815 per hour. Effective October 1, 2019 the rate shall be$ 11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, effective October I, 2014 will be $6.95 per 

hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. Effective October I, 2016 the rate shall be $7.85 per 

hour. 

Effective October I, 2017 the rate shall be $8.30 per hour. Effective October I, 2018 the rate shall be $8.75 per 

hour. Effective October I, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most employee 

within the per hour core shall immediately move up into the higher rate per hour core and have that amount thereafter 

contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the higher rate pension at all 

times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund purposes. 

(C) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and condition of 

the Pension Rehabilitation Plan. 

00533 
7187;/67037 07-29-2015 7119

SECTION 10. 

HEALTH AND PENSION 

iA}HEALTH 

The Employer shall participate in the Local 807 Labor-Management Health Fund. 

Contributions by the Employer shall, effective October 1, 2014 be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by an Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked ornot), the 

Employer shall contribute at the prevailing rate, to the health Fund on behalf of that Employee for each paid 

straight time and overtime hour up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by an Employer for sixty-five (65) or 

more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Health Fund on behalf of said Employee for eight (8) 

hours per day for each paid day. 

The rate of contribution to the Health Fund effective. 

October 1, 2014 the rate shall be $7.94 per hour. 

October I, 2015 the rate shall be $8.19 per hour. 

October I, 2016 the rate shall be $8.44 per hour. 

October I, 2017 the rate shall be $8.69 per hour. 

October I, 2018 the rate shall be $8.94 per hour. 

October I, 2019 the rate shall be $9.19 per hour. 

Health contributions are to be deposited in a separate account, not to be used for other than Health Fund 

purposes. 

/Bl PENSION 

The Employer shall participate in the Local 807 Labor-Management Pension Fund. Contributions by the 

Employer shall, effective October I, 2014 and to be paid as follows: 

I. Where, during any quarterly reporting period, an Employee is paid by the Employer for less than sixtyfive (65) days, including regular days, sick days, Saturdays, Sundays, and holidays (whelher worked ornot), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for each paid 

straight time and overtime hour, up to a maximum of five hundred twenty (520) hours. 

2. Where, during any quarterly reporting period, an Employee is paid by the Employer for sixty-five (65) 

or more days, including regular days, sick days, Saturdays, Sundays, and holidays (whether worked or not), the 

Employer shall contribute, at the prevailing rate, to the Pension Fund on behalf of said Employee for eight (8) 

hours per day for each pay day. 

6 

00534 
07-29•2015 8/19 , 7187267037 10:~a.m. 

ft 

~·· "J 

The rate of contribution to the Pension Fund for men on the (20) man seniority list, 

Effective October 1, 2014 the rate shall be $9.015 per hour. 

Effective October 1, 2015 the rate shall be $9.465 per hour. 

Effective October I, 2016 the rate shall be $9.915 per hour. 

Effective October 1, 2017 the rate shall be $10.365 per hour. 

Effective October 1, 2018 the rate shall be $10.815 per hour. 

Effective October 1, 2019 the rate shall be $11.265 per hour. 

The rate of contribution to the Pension Fund for all other employees, 

Effective October 1, 2014 the rate shall be $6.95 per hour. 

Effective October I, 2015 the rate shall be $7.40 per hour. 

Effective October I, 2016 the rate shall be $7.85 per hour. 

Effective October 1, 2017 the rate shall be $8.30 per hour. 

Effective October 1, 2018 the rate shall be $8.75 per hour. 

Effective October 1, 2019 the rate shall be $9.20 per hour. 

If an employee permanently leaves the Higher Rate per hour core for whatever the reason the senior most 

employee within the per hour core shall immediately move up into the higher rate per hour core and have that 

amount thereafter contributed on his/her behalf to the Pension Fund. There shall be twenty (20) men in the 

higher rate pension at all times. 

Pension contributions are to be deposited in a separate account, not to be used for other than Pension Fund 

purposes. 

(C ) REHAB PLAN 

Pension increases shall be as prescribe per the pension rehab plan. The employer adopts the terms and 

condition of the Pension Rehabilitation Plan. 

(ill TRUST FUNDS: 

a. The Trustees of the Health and Pension Funds shall be those persons now active as Trustees, or their 

duly designated successors. 

b. Contributions shall be made to the Trustees ofthe Funds. The Employer shall forward his contributions 

to the Funds at periodic intervals set by the Trustees. 

c The Trustees shall have the right to accept the Union as an Employer and to cover the Union's 

employees for both pension and health benefits. 

d. The Trustees shall establish rules, which shall include, among other things, the requirements of 

eligibility, distribution of the Health and Pension Funds and the rights of employees thereunder. The Trustees 

shall set forth the rules and provisions governing the administration of the Funds. If the Trustees do not agree 

on rules covering the foregoing, a neutral Trustee shall be added to the Board ofTrustees and the decision of a 

majority of the Board of Trustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding upon the parties hereto. 

7 

00535 
7187267037 10~. •4;7 a.m, 07-29-2015 9 /19 

~ 

e. The Trustees of the Health and Pension Funds may assess penalties for any and all delinquent payments 

in amounts, which they, in discretion, deem, justified to offset the added cost of collection. In the event the 

Employer defaults in payment of pension and/or health contributions, or penalties and notice of such default is 

served upon the Employer via ordinary mail by the Administrator of the Funds, and copies are sent to the Union, 

Pension and/or Health Trustees, and ifsaid default is not paid within five (5) working days after said notice of 

default, then the provisions for arbitration shall be deemed canceled withdrawn and waived by the Employer 

and the Union shall thereupon order and enforce a strike against the Employer in default, which sholl not be 

considered a breach of this Agreement. The Employer sholl within twenty (20) days after each quorter submit ta 

the Administrator of the Funds a statement, under oath, setting forth the names and social security numbers of 

all Employees, both Union and nonunion, who have worked in the preceding quarter in all classifications 

covered by this Agreement and such statement shall set forth the contributions made on beholf of such 

Employees. The Funds' Administrator, on his own motion, or at the request ofthe Union shall have the right to 

inspect the books and/or record.s relative to such statement and to interview all Employees ofthe Employer. The 

Administrator shall forthwith report in writing the results of any inspection or interview. 

f. Employer contributions ta the Local 807 Labor-Management Health and/or Pension Funds on behalf of 

corporate officers or salaried employees, performing covered employment during a quarterly reporting period, 

shall be for a minimum of five hundred and twenty (520) hours for said quarter, at the prevailing rate. 

SECTIONll 

DISTRIBUTION FUND 

The Employer shall participate in the Local 807 Labor-Management Distribution Fund, effective 

October 1, 20 I 4 and to be paid as follows: 

a Far the period October 1, 2014 ta September 30, 2020 the Employer will contribute the following: 

Effective October 1, 2014 the sum will be $5.75 per hour. 

Effective October I, 2015 the sum will be $6.00 per hour. 

Effective October I, 2016 the sum will be $6.25 per hour. 

Effective October 1,2017 the sum will be $6.50 per hour. 

Effective October l, 2018 the sum will be $6.75 per hour. 

Effective October 1, 2019 the sum will be $7.00 per hour. 

For all overtime hours 

Effective October 1, 2014 the sum will be $11.50 per hour. 

Effective October I, 2015 the sum will be$ I 2.00 per hour 

Effective October I, 2016 the sum will be $12.50 per hour 

Effective October I, 2017 the sum will be $13.00 per hour. 

Effective October l, 2018 the sum will be $13.50 per hour 

Effective October I, 2019 the sum will be $14.00 per hour 

Each Employee will be paid their pro-rata share of the Labor-Management Distribution Fund at the conclusion 

of the first payroll period in December in each contract year. 

8 

00536 
To: 

32-43 49th Street, Long Island City, NY 11103 Teamsters Phone (71 8) 726-2525 • Fax (718) 726-7037 

LOCAL UNION 807 E-mail: local807@aol.com 

Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees ..... Greater New York Vicinity and Metropolitan Area 

William Jim Jahn "Buddy" SUI/Ivan Tony SIDIZ f(r(fn BrrxlM Al,oal CU/iHl/a ,.,, I/Mrtrl Bott, Mlltlm/0 

President Secratruy-Treasurer Vice President . Recording Seorat8IY Trustee Trustee llustee 

MEMORANDUM 

DATE: OCTOBER 1, 2009 

HEALTH AND PENSION FUNDS 

PROFIT SHARING FUND 

FROM: TONY STORZ-BUSINESS AGENT 

SUBJECT: RIGGING & MACHINERY MOVERS & TRADE SHOW DIV, CONTRACT 

THE FOLLOWING COMPANY HAS CURRENTLY SIGNED UNDER THE RIGGING AND MACHINERY MOVERS 

AND TRADE SHOW DIVISION CONTRACT, EFFECTIVE 10-1~2008 THRU 9-30-14: 

The Art Fair Company 

1555 Palm Beach Lakes Blvd., Suite 200 

West palm Beach, Fiorida 33401 

Phone: 269-449-0751 

CONTRIBUTIONS WILL BE MADE AS FOLLOWS: 

I-PROFIT SHARING/ANNUITY: 

The Employer has agreed that contributions on the Employees' behalf are to be made into 

the Local 807 Profit Sharing/ Annuity Fund in the sum offive dollars and ninety-eight cents 

($5.98) per hour effective October 1, 2008, six dollars and forty-three cents ($6.43) per hour 

effective October I, 2009, six dollars and eighty-eight cents ($6.88) per hour effective October 

I, 2010, seven dollars and thirty-three cents ($7.33) per hour effective October I, 2011, seven 

dollars and seventy-eight cents ($7.78) per hour effective October 1,2012, eight dollars and 

twenty-three cents ($8.23) per hour effective October!, 2013 for all straight time hours. 

And for all double time hours eleven dollars and ninety-six cents ($11.96) per hour effective . 

October I, 2008, twelve dollars and eight-six cents ($12.86) per hour effective October I, 2009, 

thirteen dollars and seventy-six cents ($13.76) per hour effective October I, 2010, fourteen 

dollars and sixty-six cents ($14 .66) per hour effective October 1, 2011, fifteen dollars and fiftysix cents ($15.56) per hour effective October I, 2012, sixteen dollars and forty-six cents 

($16.46) per hour effective October!, 2013 for all double time overtime. The Annuity shall be 

paid for all hours such as holiday's sick days and all other paid days. · 

Employers will provide individual written notice to all employees of Teamster Local 

No. 807 within thirty (30) days of the month end ofall annuity payments made by the 

Employer in the member's name. 

www.Teamsterslocal807.com.org.net 

·00537 
2-HEALTH FUND: 

THE RATE OF CONTRIBUTION TO THE HEALTH FUND, EFFECTIVE OCTOBER I, 2008, SHALL BE SIX DOLLARS AND 

FORTY-FOUR CENTS ($6.44) PER HOUR. 

3-PENSION: 

THE RA TE OF CONTRIBUTION TO THE PENSION FUND FOR MEN ON THE (20) MAN SENIORITY LIST, EFFECTIVE 

OCTOBER I, 2008, SHALL BE SIX DOLLARS AND THIRTY-ONE AND ONE HALF CENTS ($6.31.5) PER HOUR. 

A. THE RATE OF CONTRIBUTION TO THE PENSION FUND FOR ALL OTHER MEN, EFFECTIVE OCTOBER I, 2008 WILL 

BE FOUR DOLLARS AND TWENTY-FIVE CENTS ($4.25) PER HOUR. 

B. CORES: IF AN EMPLOYEE PERMANENTLY LEAVES THE HIGHER RATE PER HOUR CORE FOR WHATEVER THE 

REASON THE SENIOR MOST EMPLOYEE WITHIN THE $4.25 PER HOUR CORE SHALL IMMEDIATELY MOVE UP INTO 

THE HIGHER RA TE PER HOUR CORE AND HA VE THAT AMOUNT THEREAFTER CONTRIBUTED ON l-ns/HER BEHALF TO 

THE PENSION FUND. THERE SHALL BE TWENTY (20) MEN IN THE HIGHER RA TE PENSION AT ALL TIMES. 

ADDITIONAL CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS: 

EMPLOYER'S RATE ON CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS SHALL BE INCREASED AS 

FOLLOWS: 

EMPLOYER'S RATE OF CONTRIBUTIONS TO THE HEALTH AND/OR PENSION FUNDS SHALL BE INCREASED BY 

SEVENTY (.70c) CENTS PER HOUR EFFECTIVE OCTOBER I, 2008 AND SEVENTY (.70c) CENTS PER HOUR 

EFFECTIVE OCTOBER I, 2009,SEVENTY (.70C) CENTSEFFECTIVE0CT0BER 1,2010ANDSEVENTY (.70C)CENTS 

PER HOUR EFFECTIVE OCTOBER 1,2011 AND SEVENTY (.70c) CENTS PER HOUR EFFECTIVE OCTOBER 1,2012 AND 

SEVENTY(.70c) CENTS PER HOUR EFFECTIVE OCTOBER 1,2013. 

00538 
1),l] 38.D.M, il'l-l>l-2009 B'19 

·• 

SECl10JOO. 

IIEALTU ANU PEl'!SJOJ\ 

Ull!·!F.Af,JH 

Tllo E.l]ployu shu9 p01tic1pato i>l 01• IM.ii 81)7 Llb,,r-i'<!Jr.,ge,,11..,,t lll'llhh Fund. 

ConL1ib<1tl<l,1.s by lhc Emplo;-er thnll, r.flcctls,: Ciotcl,cr l, 200B bo 1>i1d ~• futlows: 

l, _Wl1en:, r.1uinp, any ~11r,,terly1t{~1rtin~ pcdod, M EJ11plDyoo lD p!lid b)' OJI E111J>l,,yqr fer J,~ ~lllil ,i ,ty. 

Iii·:{65) dny$, ;octudillg itgufordn}~, !lck ~Ml, S~hml~)1, Suudny~, ~r.f\ro)lch)'S (wl,eiht1 worl.cd or 1101), tlJ.., 

Il111plo:,01 shall 011111,J~i,(o ol U,o proullJng Jal~, IL' di<: h,11,lh Ftmd "'' bilaiJ[l: 9f 11101 Jl:mpl<i)'te fQ( ~:,ch j,~IJ 

Mmlt,bl time nnd i>~u11i1111, ho!lr Up to 1111111,ln11rn1 offivo. fsmi,l,s,,J IW<:ll~,' (520) hou11, 

7,, Wl:cro, dm•lt>g "~)' g1111m:ily l<ptJ~mgjlll,IM, 1111 lllllplO}'C<: )I Nld b)' n11 CIIIJ~O:,>ll r,,,. ~i,t)',nvr. (65) ,...

m~• dny.1, ln:l~ill11g te-~-.,,~r dH)'h ri,,I: d•y.i••1.,ru1d11\'.t, SUl\~P)'1, no(i holld~y., (wl1~11,or WOJk~d r.t' IIOL), 1)10 

l.impfo)'llr ~lt;ll r,l):1crlbu1,. it d>o J)rev~llJns 1~1~, ID the He~lll, 1'1111(1 011 ~'<:bnlf (If r.nJd Y!.mp.Qy<!<: fo, cir.ht (8) 

b:,nt< per dh)' fol' o,V.'1 p.1icl ~.,,.. 

·11,~ Jlllt of 0011:Slbu11on li:l !ba Ht~l!b Fu,1t1, •ffo;:tlvo 0ol<ll10! I, U<)R, •h:111 b~ $1~ lilll!HJ~; 111,~ (on)•-fo11r1:QllOI 

(56.'14) )>er ltCIJt, A1ty h.:1~1,•111 111 Jllil 11110 of romrlbLlfo1> ,,holl 111' in"""""'""'" Wilh par,\o.r•~~ {C') a! 1/,IQ 

S~tloo, 

tli!lllll1 tOolril•11iJ0Jlt ,u~ I bo ··•·?~,lu,cl In 4 1nr111·,11c ~CMlllll, M'. Jo l.m "~"' im oilier lior. liC-lld, !'1111d 

1)111));,J~. 

·n,~ llmplo}<tr sholl po,tloi1>n<c ,n 1~0 Lo<.:al ~(;-/ W.bor Mll.li1'&C111Cnl l'cnzl<)11 Ft,od, Co0Ulb\llio111 hy Jim 

!Jn11>io\'<-I' ,J,.11, 1:IJ'r.c,h~ Octobrr J, 2f.<)~ ond tt, li,; p~),1 nf, fDllmv;: 

·, ·' 

I. \Vhere, <huii1~ n;iy quLiterly report Lis p,.,i.'Jd, M P.mr,:o}\!t ii pnlJ "·' th, ti111plo,"cr fortes, cl:.,r, sp<!}" 

J',vo ((,:i) d:\i'l, i11~1u4.lag rcgulordo11i. 6lck-doys_ Sti,mls}s, Sondo,~, .v1d)1<,l::lii)'.~ (wh"1h01 W1Jric,rl or not), Lie 

E.mpi"}'" ;h,JJ C<Jmriboti, ~, 1hi pic,••amgro.e. tc th, !'tDsion Fur-~ OD bcl1•lf of sald E!mpk1yee fnr,..irJ1 pald 

.rtruight tlm,, OJ)d 01••:ri111e 1101:r, up JO atll~:CilliWII\ C: b~ h1mdii:d lwer,~j (520) hoo.r;, 

2. When,, durin.il im,· gon:-.erlp•.ponini; porind, an Employ,,,;: i;piirl hyth, fa~plo)'\Jr for sixty,t'i•·~ (65) 

nr nir.<c d,y,, b,cludipg regular day,. ,icl: d!ly,, Sttwdayi, Sund•~o,oru:f l,olidays (wi1~l11or wor~..10<n<t1;, 1he 

Em[\1n~~-, ,hnlltool.t\bulc, nl the pn,,·•ili•~ mt; l<> fac PG11sion Fu,1Q or. b~b•ff,,r ,:ai,J far,ploye~ for ei~bl /8) 

hO'Jri p,,rd.ly for ,c.cb ;,iy d:ly. 

7 
1'11,3';126703) 

The rnt• of<antrib11tivi1 m the Pcn,in,1 Funt form:: on 1hc (lO) mnn so.siori~; ll8t, ~ff,;.;ti,-. Oetoo"' 1, ?.(;()B. 

slu./1 1>o ,l, dnllar,i ~nd 1hirty-one •rtd Ot.e ball c,m• (.S/i.JISl -per h,.sor. 11.ny lrn:rcn,c io li)fa rate of 

cor.lrilratio1> shall~ in ar:conlnaOI! wl;h l'•n!grnph (C) of !bi~ SC!'.tion. . . 

The••''- ,,f <oatriblition 11,1 lb~ J'ea8l()JIF1Jod for nli c,:l,ormer., cflcuh;• Ch.~r I, 2008 will bcfo11t(¢llrusBJ1d 

c...-.l\ty,./1,o .:enl! (S1.2.5) J'\'I hour, 

COres: 1f an omp!D,'r'M pern111non1ly lc1ve; till' Higher Rnt• r,cr bl)tlf ~ur\l for wh,tcv« the n,oson d:c !:a!lor 

lllOll Ml~lo),llt. 'llllhin t{,cl;I ,25 pc.· t.ow1:on, ,boll imm,dio~iy lllO"'-' "P "''" d,o lii,lb/,lt rot~ per lwnn:o.'eo1LI) 

ha>'O lltU t<ll'lt~mt tb~tciifler t¢.illibut,:d on hit111'lJ'l.lchalf':~ lM l',,r,,i<)n furn!. T.'u,m~·l1oll be t.,,Mty[.20) """' 

In llw l1lgilllr r.lc pcn~ion •1 nll. liml%. 

fun>ion con1ril>11:i,;.;, ""' 10 lie llo~osltc:1 ht a ,c-p:,rale 3¢,:o·,n~ no: to oo w.a~ f(lr <nher tlum Pc,i<il>n P1:t11I 

J:.Jrpo.,e,.. Any incre,i"-' fo lMi ,nt~ of oantrilmlipll ih•II be 111 n:><ordtllM willt p~l!l\lr>pli iC) ri lllis Sccliop, 

l!itiPl")'br', rllo of ronttl~u:lor,i 1, 1n1,Huul1t, 1u1dl1Jr l'co111<111 Puncli llwll ho.l~r.n!.!!..,d hy ..,, .. ncy (.'/Oc)~c.11r. 

1:11r l11)j)r ¢/fo/tl>~ Oci9',or L iOOhnd l>.ll'<!11ty (.'IU~Ho11U per )1~11 of10<:rl•,\lO~IObll1 J, ~:lY.i, !OVl>lll)' (.100) 

c,:ml~ o/fo::Llvo0.11111bor I, 21110 01,rl oo,ent)' (.7~) c,,nt; Jll)rho~r offix,th•o CxJrol>t:r 1,2011 Mil ,r,,w,1t,1· (,7i)c/ 

CCllL1 per /1011' cf/u<ill •• Ol:Lolm 1,1012 und W,'Olll)' (,7C\1) c,11c, Jld IH~IT offoctlvo Qglnll1lr 1,20)3. 

'J'J;t n:l(x:mlcft r1r nli ~tlditl~n:t.l Ct1J10-Jbutl0n1 dhrlJlg tile lili: uf u,1, Agti'l!11lOJll 111 l1'11\'etn rhe !fe,~th 0ll(Vor 

1'1:JMiolt Fu11d! 1h11)i be dorer:niMd b)' tl10 tl.nk<t Ju lfj iolo ~i.,c1~c,v11 p1lo1 ill tuc n:~pMiw, WI/:< U1<ri:ot 1'1)(1 

Bt:1p[uJi,,r NhuJl lam:11,1c ill: ~ornrni~llom 10 ,•~1:i c'I botll or tho l•imd,; In nccnrd:111,,e w,11, il1t \Jt1io11·s 

tltfortnlnnti•m. 

I•or llto p.,rio:i llel~'!:~n April I,?,()/)(! lo Soplentbcr JO, 201) 11"1 RmplC>ytir ,l~~II 11•~ 11n)' nddiLlo1.11l 

01:m-ni>oJIMN I~ tile Ho:rihh 11:ull(w ri::11,\1111 F<11Ulh />rJ>liloli In~ Now /Crl>O)'•Now Yoru 1\rl:a Gtimal 1'11u:klnj1 

g,,w1..1)tur lu lhe. N•ficn•i Mn.re, !'JOl~ht Atrc<:•u.illl •ml lho 1J11i0t!'S /\ttkrtJ,~reto.. 

t,, TIie Tr,1!1c<s of Loo H<itltb and Per,slon funds J.11~!1 b• th~<,; f.<)r.mlls ,tow ~1:11,~ as Tntst,cJ, or 

~,•Ir :h: I~ de.<lgna1e:I 111oc,s,on;. · 

b. Camibucb11, 1l1all b~ n•nl• w U,o Ttn,.,,., of tho F,md~. Tb~ llmploycr .sh!!ll io;ward his 

ccalributiuni 10 cbe l;iif.d~ at pdcdic •~tel'llall ~e: }.y !tit 'l'l'\:..'1.CS, 

I 

c The Tr,l:ile?$ shall lw~:<- !he nglit to nc«pt ll:e I.Jnion as rm lir.:Jp:.:,yor and lo c.Jver the ll1:iCt1'• 

,~>1)/())'ei,s fr,1• °"'h ~.-,sion 1/lC h<l-ilrh ber.<Jit,. 

·, 

8 

- .. 
m~n.10;7 

d._ , , , r,:c: T".l!ll>e, aholl O$tRl.>iii:l; ruJ~, wltlcl1 ,hill iacludo, amor.g ,~hor llli~as, lb, ~iren,.,,tls 9f 

el,~1b,l1ty, dm:lbllr:M oi 1~~ Htaltb and Pen.s,oo Fu~d• and the rlgbL/J of ,rnpk>yc,,s the:,:11CdeJ. TI,e 'trum~ 

,:bll iret forll1 lhe rule,, ond provi1lonl gove,lli~g th, odmini,ira.tian ofthe Funds, If ll,e Tn1~~-:; .lo ll<>l 38~ 

i.'Jl ndes ¢<wcrilll\ 11"' fortr,oiag, • n,s·itr~l 'i'ru;Jcc sl:illl ~• ~ddcd 10 ti,, B1>nrd i,ffru.rt<C$Md Uw di:ci>\on of i 

mnjority o(tJio Bt1⁄2lnl of 7na1t-,, wi1Jt rth]"'Cf roii1e wJ~J!e (l('aay fl'lrl ,,ru,. Hral11l .iid PensionF11od.s ,h.111 ·it 

bi!i<lins nJ>.lll 11,. p.nios hon~to. 

•· ll,c 7rusrcci ,:,f tho Bo-0Jtl1 a111I /'.,11~lll/J Funds lllliy ~l\1>1.11 r,anoltics fm ~")' and aJJ ll!!linq•.10m 

J".}•o:mlb ir. aniom\t!,, whk:h ~,oy. in <liictotlim. detm, ju.clfie4 w ufu,.,1 die nddc!l r.<M.1 of w!Jwtio~. 

:" U:a •"•nl tl_io J;m;,lo}'l!rdef~ulti io pn)'moJJ! ofp,,11>1011 ,..,,J/orbe<ild1 •"1J~Jrfu111i<.'tt.>, or pl!."tll)lka lllldJWlic.,of 

rue1, e,;f•ult in ~•iYod ll)l,'.)ll rJ-.; l1mploycr via on:lu,.,~ n•nil b;; U,o Adi,il11l11r•(ot or (b¢ l'unru,_ iind copla o,e 

!Clll lo ,h~ llr.lco, i'\:n1ioD OJ"1.'Cl<I HCAlUt TruAl~M, :u,d Ifl'IJ:d dtfaalt IQ fl()1 ~d witlli:t frlo (5) woik1Jl8 d,13 

•Iler RMA.n,,tice ofdo/imtt, tll<'.l1 rhr. provlsio,11 fot ht\liUnl"'n .~_nU bo'deoo>tJ c~1~el•~ \\1~hdrow,i 1JJ1d w~Ji.td 

liy II,~ Ei11ploycr nnd tho li~ir,n !l!llll d,er.upon ol'1cr 1111d e;lfo~ b Alril:il P8~i11st 11,,:, :einplO)llt ili iforoult_ 

whidt ilmlt iiot bo ton1;:ilcre~ • bt~;ll;h ;,rL'Ji~ Ar,:~fou:nr, Tbo .Umplo;'Cl' ,hnll whll111 f1'1(,bl) {W}dny; nlti!i 

ta.cit 11w.i1,,r bulnlill t() chr. Ii lim~u!umor ol'ih• fouQd! 1, sl~lemem. unokr m,tb, 1>0UJ1ig rw1l1 1/)<: mum:;; n~d $0Cil\l 

~~utll) numbon; of• 11 E:mplo}'C()8, b~.<li un,01111nd nQl1u11loo. who l>avc worte/. bt ll,o pr,,,:r,di~Jl q11Mt0r j11 ~II 

d~~mc,11io11.tCO'll!l1ld by Ou, A~rcolr.ODIJJllp 1ucll !l,tl~n\011131lll~IX'I fr,rt)1 l)w,c(intri!Ju1i,~:~ mild,; Clfl lxillblfQi 

~ucl1 Em;:loy,:,r.n, Th.: F\111'1!' Adrnfoi.\jolo,, <lit J.i~ ~·•'ll 1001la11, 01 41 Uic roqooit MOie Uniuu ;lu1IJl11i~6 ll"' 

rlgbt to i11.1pool q'° ~ ...,h 11ml/ci1' ,,,_,,ml• ,~intl~u 10 !llrl, ~l~lotllcnl iml to lntl!J;\•Jcw Ill! llliiployr.c;1 ~, 1110 

1fr111>lo,~r. 'flt,) A<1111l11Mrntt1r ll,~1.1 (<,nhwm, '"J.._", il1 wrir~•JJ tbettmllL1 or~n)' inRpecilon or inlcr,,~w. 

r, J,111plpy,:; t(lnt1ib111lm1., I<> lltc J.;i~nl Un 1.J,L•Qt··M1m~•rr.cnl HCJ,lth ,,ndlor 1'1111,l,111 1'111>,ln on bdt1ll ol 

r.~rpr,rm¢ (1//lcm or~ol1t1led r.mpl~y¢1',•, Jx,rf,'l1)1!ni roveicd e.npl0~,110:1t ,luri11s ~ ,1u111leily ropo11l11s p11rln1I, 

11lull bt fo1· t 111i1ilmi:111 of tlv,1 h1mclred ~n,\ 1wo~ty (SW; hM111 (o: wd qih11,1, nl tho J)l'<wnlilns ru:r. 

!ill(;'l'll.)N lJ 

lllSTRllllJTION lli'.JNl> 

TI10 F,11:pl11)\Jr !f11.IJ p1111k!po1e I~ li1e J,,:,1\ 80'1 Lal1or-•M.I1Ui((<mw1 Dl,tJ1bu1ioJL Fi:nd, cJfccJh•e 

Or.lotm I, 20rlll ar.\ tn h<, J)Jlld t• f<>llG\I',: 

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(l,HS) per lloia-effe.:iive. Oc!4t,o, I, 2fi:2. n,~ d~Hn:-s und (iCty conl.5 (~5.50) pa hourc/f~cth~O:ttb<\1 (, 

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dolluru ($JI 00} r'"l" JtrJllf•lf'"'tiv• October 1,2nl3, for m•,ri_irno (double timt). 

9 
ti 

·./ 

' 

i •. 32--th Stree1, Long Island City, NY 11103 Teamst#s Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: Jocal807@aol.com I ~'..,c1 LOCAL UNION 807 

I 

! Anthony Storz Lu He«era Raymond Asqulno AngelCurPslo Gladys Nieves Marty Meyers 

Secretary-Treasurer Vice President Recording Secretary Trustae Trustee Trustee 

}) 

I ~ MEMORANDUM 

u

" To: Local 807 Health and Pension Funds J I ' 

From: Anthony Storz 

Subject: Karo Sheet Metal 

Date: September 21, 20 I 6 

Karo Sheet Metal has signed a Collective Bargaining Agreement on for the period of October l, 2016 

thru September 30, 2020. 

ARTICLE 19.HEALTH and PENSION FUNDS 

1. The Employer shall participate in the Local 807 Labor-Management Health and Pension 

Funds ("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the 

Employer shall periodically contribute to the Funcjs at the rates set forth herein. The 

Employer shall contribute to the Local 807 Labor-Management Health Fund ("Health Fund") 

as of the effective date of this Agreement, at the rate of $8.44, per bargaining unit 

employee, including regular days, Saturdays, Sundays, Vacation days, Holidays and Sick 

days (whether worked or not). 

A} Health Fund Increases: 

Effective October 1, 2d16 Health Fund shall be $8.44 

Effective October 1, 2017 Health Fund shall be$ 8.69 

Effective October 1, 2018 Health Fund shall be $ 8.94 

Effective October 1, 2019 Health Fund shall be$ 9.19 

Effective October 1, 2020 Health Fund shall be$ 9.44 

2. The Employer shall pay to the Local 807 Labor-Management Pension Fund ("Pension 

Fund") as follows: as of the effective date of this Agreement, the Employer periodically 

shall contribute to the pension Fund at the rate of $9.915 hour, per bargaining unit 

employee, for every hour paid for, including regular days, Saturdays, Sundays, Vacation 

Days, Holidays and Sick Days (whether worked or not). 

www.TeamstersLocal807 .net 

_,,____,,____, 

00542 
---------

~l. 

~-

A) Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective October 1, 2016 Pension Fund shall be$ 9.915 

Effective October 1, 2017 Pension Fund shall be $10.365 

Effective October 1, 2018 Pension Fund shall be $10.815 

Effective October 1, 2019 Pension Fund shall be $11.265 I -Effective October 1, 2020 Pension Fund Shall be $11. 715 

i 

I 

• 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with 

future amendments. The Company agrees to pay the annual contribution increases required by the 

Rehabilitation Plan as amended as if said contribution schedule was set forth in this Agreement 

/

00543 
r.··:,, 

ARTICLE ~\; '"\ 15. NilolSCRIMINATION 

There shall be no discrimination against any employee by either 

-

the Employer or the union 

in regard to hiring, tenure of employment, promotion, transfer or other conditions of 

employment because of race, creed, color, sex, and age, religious or political affiliation. 

ARTICLE 16. MANAGEMENT RIGHTS 

Nothing in this Agreement is intended, nor shall it be construed, as denying or in any 

manner limiting the right of the Employer to control and supervise all operations and direct 

all working forces, including the right to select and hire, layoff or transfer employees or to 

control and regulate the use of all equipment and other property of the Employer, to 

maintain discipline among employees, and to promote efficiency in the operation provided, 

however, that the provisions of this Article are not used by the Employer for the purpose of 

discriminating against the Union or any of its members. 

ARTICLE 17. STRIKE AND LOCKOUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the 

Employer agrees that there will be no lockouts. 

ARTICLE 18. BEREAVEMENT LEAVE 

In the case of death in an employee's immediate family, i.e., spouse, parents, sister 

brother, children, grandparents, grandchildren, mother-in-law or father-in-law, the 

Employer shall grant the employee up to four (4) days off, with pay, for express purposes 

of attending services for the deceased. An employee shall be guaranteed two (2) days 

off, with pay at the time of death. Death certificates or other satisfactory proof of death 

must be submitted to the Employer. 

ARTICLE 19. HEAL TH and PENSION FUNDS 

1. The Employer shall participate in the Local 807 Labor-Management Health and 

Pension Funds ("Funds"). To provide the benefits prescribed by the Trustees of the 

Funds, the Employer shall periodically contribute to the Funds at the rates set forth 

herein. The Employer shall contribute to the Local 807 Labor-Management Health 

Fund ("Health Fund") as of the effective date of this Agreement, at the rate of 

$8.44, per bargaining unit employee, including regular days, Saturdays, Sundays, 

Vacation days, Holidays and Sick days (whether worked or not). 

Al Health Fund Increases: 

Effective October 1, 2016 Health Fund shall be $8.44 

Effective October 1, 2017 Health Fund shall be $ 8.69 

Effective October 1, 2018 Health Fund shall be $ 8.94 

Effective October 1, 2019 Health Fund shall be $ 9.19 

Effective October 1, 2020 Health Fund shall be $ 9.44 

16 

00544 
2. The Employer shall pay to the Local 807 Labor-Management Pension Fund 

("Pension Fund") as follows: as of the effective date of this Agreement, the 

Employer periodically shall contribute to the pension Fund at the rate of $9.915 

hour, per bargaining unit employee, for every hour paid for, including regular days, 

Saturdays, Sundays, Vacation Days, Holidays and Sick Days (whether worked or 

not). 

Al Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective October 1, 2016 Pension Fund shall be $ 9.915 

Effective October 1, 2017 Pension Fund shall be $10.365 

Effective October 1, 2018 Pension Fund shall be $10.815 

Effective October 1, 2019 Pension Fund shall be $11.265 

Effective October 1, 2020 Pension Fund Shall be $11.715 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan 

along with future amendments. The Company agrees to pay the annual contribution increases 

required by the Rehabilitation Plan as amended as if said contribution schedule was set forth 

in this Agreement. 

3. All contributions to the Health and Pension Funds shall be made on a maximum of 

eight (8) hours per day basis, with a maximum of forty ( 40) hours per week. 

4. In the event of a delinquency in payment, the Employer agrees to abide by all rules 

and regulations established by the Trustees of such Funds, including but not limited 

to those requiring the payment of interest not exceeding ten (10%) percent of the 

delinquency and counsel fees and other costs of collection of such delinquencies 

and to give security in a sufficient amount, as demanded by the Trustees, to secure 

payment of such delinquencies. 

The Employer hereby agrees to permit an authorized representative of the Funds to 

inspect its payroll records for the purpose of checking the accuracy of the 

contributions required to be made by the Employer to the Funds. If the Employer 

fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each of the Funds, then 

the Trustees may cancel out the benefits coverage for such bargaining unit 

employee on whose account the Employer has failed to contribute. 

6. The Employer must use the remittance forms required by the Trustees of each 

Fund and comply with said instructions of the Trustees in filling out such forms. 

7. The Trustees of the Funds shall be those persons now active as Trustees, of their 

duly designated successors. 

8. Remittance reports and contributions shall be foiwarded to the Funds at periodic 

intervals set by the Trustees. 

17 

0054
6f;;;. v 

9. The Trustees shall have the right to accept the Union as an Employer and to cover 

the Union's employees for both Health and Pension benefits. 

10. The Trustees shall establish rules, which shall include, among other things, the 

requirements for eligibility and distribution of the assets. The Trustees shall also 

set forth the rules and procedures governing the administration of the Funds. If the 

Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall be 

added to the Board of Trustees and the decision of a majority of the Board of 

Trustees with respect to the whole or any part of the Health and Pension Funds 

shall be binding upon the parties hereto. 

11. The Trustees of the Funds · may assess liquidated damages for any and all 

delinquent payments in amounts, which they, in their discretion, deem, justified to 

offset the added cost of collection. 

12. Employer contributions to the Funds, on behalf of non-bargaining unit employees, 

performing bargaining unit work, during any quarterly reporting period, shall be for a 

minimum of 520 hours for said quarter. 

ARTICLE 20. VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation which are to be 

;., determined in accordance with the following schedule: ~. 

ONE TO THREE YEARS --- 2 WEEKS 

THREE TO TEN YEARS ---3 WEEKS 

TEN TO TWENTY YEARS 4 WEEKS 

TWENTY+ YEARS -5 WEEKS 

2. The pay for the vacations shall be paid in advance of the vacation and shall be 

based on the straight time rates of the classification of work performed and shall be 

prorated on such rates if the Employee works at more than one job classification 

during the qualifying period. Mandatory and other authorized deductions such as 

federal withholding tax, social security, etc., will be made from all vacation 

allowances. The vacation year shall start with the date of hire and based on 

employee's "anniversary year". 

3. In determining vacations, all days paid for, including those allowed for vacation, 

shall be included. 

In addition, workdays lost through compensation claims are to be considered days 

worked, provided the Employee has worked at least ten (10) days in that calendar 

year. 

4. In any case, where any of the holidays covered in this Agreement occur during the 

vacation period of any Employee, said Employee shall have the choice of an extra 

day's vacation with pay or an additional day's pay for such holiday. 

18 

00546 
Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49TM Street 

Long Island City, NY 11103 

And 

WAYLAND INDUSTRIES INC. 

1511 Bassett Avenue 

Bronx, NY. 10461 

April 1, 2018 thru March 31,2023 

00547 
Atticfoi9. HEAtirH AND .PENSION FUNDS 

1. The Employer shalJ patticipate in the Local 807 Labor-Management Health, Pension Fund ("Funds"). 

To provide the benefits prescribed by the Trustees ofthe Funds, the Employer shall periodically contribute to 

the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August 1, 20 I 8 Health Fund shall be $ 8.94 

Effective August 1, 2019 Health Fund shall be$ 9.19 

Effective August 1, 2020 Health Fund shall be $ 9 .44 

Effective August I, 2021 Health Fund shall be$ 9.69 

Effective August I, 2022 Health Fund shall be$ 9.94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August I, 2018 Pension Fund shall be$ 10.815 

Effective August I, 20 I 9 Pension Fund shall be$ 11.265 

Effective August I, 2020 Pension Fund shall be$ I 1.715 

Effective August l, 2021 Pension Fund shall be$ 12. I 65 

Effective August l, 2022 Pension Fund shall be$ 12.615 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as if said contribution schedule was set forth in this Agreement. 

2. All contributions to the Health and Pension Funds shall be made on all hours paid, on a maximum of eight­

(8) hours per clay. The contributions made pursuant to the combined contribution rates shall be distributed 

between the Health and Pension Funds in accordance with the direction of the Trustees ofsuch Funds. All 

contributions shall not exceed 40 hours per week. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. In the event of disputes or questions of interpretation concerning 

the requirements to make contributions or portions thereof; the Employer shall not be deemed delinquent 

while the matter is being considered pursuant to the grievance and arbitration procedure. If a delinquency in 

the payment is found to exist, the Employer shalJ pay the amount due, including interest, retroactive to the 

date ofthe delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll 

records for the purpose of checking the accuracy ofthe contributions required to be made by the Employer to 

the Funds. Ifthe Employer fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each ofthe Funds, then the Trustees may cancel out 

the benefits coverage for such bargaining uni! employee on. whose account the Employer has failed to 

contribute. 

10 

00548 
5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions ofthe Trustees in filling out such forms. 

6. The Trustees of the Funds shall be those persons now active as Trustees, or their duly designated 

successors. 

7. Remittance repoiis and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8. The Trustees shall establish rnles, which shall include, among other things, the requirements for eligibility 

and distribution ofthe assets. The Trustees shall also set forth the rules and procedures governing the 

administrntion ofthe Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee 

shall be added to the Board ofTrustees and the decision of a majority of the Board of Trustees with respect to 

the whole or any part oftlie Health and Pension Funds shall be binding upon the parties hereto. 

9. The Trustees of the FullC!s may assess liquidated damages for any and all delinquent payments in amounts, 

which they, in their discretion, deem justified to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation, which is to be determined in 

accordance with, the following schedule: 

one and two years----------------2 weeks 

seven years----------------3 weeks 

2. The pay for the vacations shall be paid in advance ofthe vacation and shall be based on straight time rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., will be made 

from all vacation allowances. The vacation year shall be from April I through March 31 of each contract year, 

All employees hired after September 30 ofthe contract year will receive I day vacation for each 30 days 

worked for the following contract year not to exceed five days. 

3. The allowed vacation shall be given an· employee provided that the employee worked for the Employer·for 

at least six (6) months during the prior contract year. In determining vacations, all hours paid for, including 

those allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to 

be considered hours worked provided the employee has worked at least thirty, (30) days in that contract year. 

11 

00549 
Collective Bargaining Agreement 

between 

.TEAMSTERS LOCAL UNION NO. 807 

32-43 49TH Street 

Long Island City, NY 11103 

And 

WAYLAND INDUSTRIES INC. 

1511 Bassett Avenue 

Bronx, NY. 10461 

April 1, 2018 thru March 31,2023 

00550 
Artide19. HEALTH AND.PENSION FUNDS 

1. The Employer shall patticipate in the Local 807 Labor-Management Health, Pension Fund ("Funds"). 

To provide the benefits prescribed by the Trustees ofthe Funds, the Employer shall periodically contribute to 

the Funds at the rates setJmth hereh1. 

A. Health Fund Increases: 

Effective August I, 20 I 8 Health Fund shall be$ 8.94 

Effective August l, 2019 Health Fund shall be$ 9.19 

Effective August 1, 2020 Health Fund shall be $ 9 .44 

Effective August 1, 2021 Health Fund shall be$ 9.69 

Effective August 1, 2022 Health Fund shall be$ 9.94 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August I, 2018 Pension Fund shall be$ I 0.815 

Effective August I, 2019 Pension Fund shall be$ 11.265 

Effective August I, 2020 Pension Fund shall be$ 11.715 

Effective August I, 2021 Pension Fund shall be$ 12.165 

Effective August 1, 2022 Pension Fund shall be$ 12.615 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as 

amended as if said contribution schedule was set forth in this Agreement. 

2. All contributions to the Health and Pension Funds shall be made on all hours paid, on a maximum of eight­

(8) hours per clay. The contributions made pursuant to the combined contribution rates shall be distributed 

between the Health and Pension Funds in accordance with the direction ofthe Trustees ofsuch Funds. All 

contributions shall not exceed 40 hours per week. 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees of such Funds. ln the event of disputes or questions of interpretation concerning 

the requirements to make contributions or pmtions thereof; the Employer shall not be deemed delinquent 

while the matter is being considered pursuant to the grievance and arbitration procedure. Ifa delinquency in 

the payment is found to exist, the Employer shall pay the amount due, including interest, retroactive to the 

date ofthe delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll 

records for the purpose of checking the accuracy ofthe contributions required to be made by the Employer to 

the Funds. Ifthe Employer fails to make the contributions provided for herein within the time required by the 

Funds' trusts agreement and the rules and regulations of each of the Funds, then the Trustees may cancel out 

the benefits coverage for such bargaining unit employee on whose account the Employer has failed to 

contribute. 

10 

00551 

' . 
5. The Employer must use the remittance forms required by the Trustees of each Fund and comply with said 

instructions ofthe Trustees in filling out such forms. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly designated 

successors. 

7. Remittance repmis and contributions shall be forwarded to the Funds at periodic intervals set by the 

Trustees, but in no event more frequently than monthly. 

8. The Trustees shall establish rules, which shall include, among other things, the requirements for eligibility 

and distribution ofthe assets. The Trustees shall also set forth the rules and procedures governing the 

administration of the Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee 

shall be added to the Board ofTrustces and the decision of a majority of the Board of Trustees with respect to 

the whole or any part of the Health and Pension Funds shall be binding upon the parties hereto. 

9. The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in amounts, 

which they, in their discretion, deemjustificcl to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation, which is to be determined in 

accordance with, the following schedule: 

one and two years----------------2 weeks 

seven years------------------3 weeks 

2. The pay for the vacations shall be paid in advance ofthe vacation and shall be based on straight time rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., will be made 

from all vacation allowances. The vacation year shall be from April I through March 31 of each contract year, 

All employees hired after September 30 ofthe contract year will receive 1 day vacation for each 30 days 

worked for the following contract year not to exceed five days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the Employer for 

at least six (6) months during the prior contract year. In determining vacations, all hours paid for, including 

those allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to 

be considered hours worked provided the employee has worked at least thirty, (30) days in that contract year. 

11 

00552 
Collective Bargaining Agreement 

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49TH Street 

Long Island City, NY 11103 

And 

MCKINNEY WELDING COMPANY 

1145 BRONX RIVER AVE. 

BRONX, NEW YO.RK 10472 

April 1; 2018 thru March 31,2023 

00553 
9. In the event ofthe failure of either party to be present at the time and place designated for the arbitration, the 

arbitrator shall have the right to listen to the party appearing at the time and place of arbitration and shall have the 

power to render a decision based on the testimony before him, The decision ofthe arbitrator shall be final and 

binding upon both parties hereto and may be entered as a final decree ofjudgment. 

ARTICLE 14. ENFORCEMENT OF AGREEMENT 

Both parties have the obligation to enforce all provisions ofthis Agreement. 

ARTICLE 15. NONDISCRIMINATION 

There shall be no discrimination against any employee by either the Employer or the union in regard to hiring, 

tenure of employment, promotion, transfer or other conditions ofemployment because ofrace, creed, color, sex, 

age, religion or national origin. 

ARTICLE 16. MANAGEMENT RIGHTS 

The Employer retains all rights not specifically abrogated by this Agreement, including the right to control and 

supervise all of its operations, to detennine the business or businesses it will conduct, to d.etermine the activities and 

functions it will conduct in pursuit ofits businesses, and to direct all working forces (including the right to sele.ct 

hire, layoff, transfer, suspend or discharge employees for cause), to control and regulate the use of all equipment 

and other property ofthe Employer, to change location or facilities, to maintain discipline among employees, to 

introduce new or different methods or facilities, to consolidate and/or eliminate positions to cease or suspend 

business activities and to otherwise promote efficiency in the operation. The provisions ofthis Article, however, are 

not to be used by the Employer for the purpose of discriminating against the Union or any of its members. 

ARTICLE 17. STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer agrees that there 

will be no lock -outs. 

ARTICLE 18. BEREAVEMENT LEA VE 

In the case of death in the immediate family of an employee who has been on the seniority list for at least six (6) 

moriths (i.e., spou~e, P!if~nts, sister, brother, children, grandchildren, mother-iμ-]aw or father-in-law), the Employer 

shall gr11nt the employee ~p tq four ( 4) days off, with pay, for express purposes of.ittending services for t)le 

. deceased. Two (2) d,iys s)lall be guaranteed regardless of day ofdeath or day offuneral, provided the employee 

loses two (2) days o:i\vorld opportunity. Death certificates or other satisfactory proof of death must be submitt(ld to 

the Employer. 

ARTICLE 19. HEALTH. PENSION . 

1. The Employer shall participate in the Local 807 Labor-Management Health, Pension Fund ("Funds"). To provide 

the benefits prescribed by the Trustees ofthe Funds, the Employer shall periodically contribute to the Funds at the 

rates set forth herein. .-

A. Health Fund Increases: 

Effective April 1, 2018 Health Fund shall be$ 8.94 

Effective April 1, 2019 Health Fund shall be$ 9.19 

Effective April 1, 2020 Health Fund shall be$ 9.44 

Effective April 1, 2021 Health Fund shall be $ 9 .69 

Effective April 1, 2022 Health Fund shall be $ 9 .94 

7 

00554 
B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective April I, 2018 Pension Fund shall be$ 10.815 

Effective April I, 2019 Pension Fund shall be $ 11.265 

Effective April I, 2020 Pension Fund shall be$ 11.715 

Effective April ·1, 2021 Pension Fund shall be$ 12.165 

Effective April 1, 2022 Pension Fund shall be $12.615 

The Employer adopts the tenns and conditions ofthe Pension Fund's Rehabilitation Plan along with future amendments. 

The Company agrees to pay the annual contribution increases required by the Rehabilitation Plan as amended as if said. 

contribution schedule was set forth in this Agreement. 

The contributions made pursuant to the combined contribution rates shall he distributed between the Health & 

Welfare and the Pension Plans in accordance with the direction ofthe Trustees of the Health & Welfare and the 

Pension Plans. 

2. Contributions to the Health and Pension Funds shall be made on all hours worked, with a maximum of eight- (8) 

hours per day. The contributions made pursuant to the combined contribution rates shall be distributed between the 

Health and Pension Funds in accordance with the direction ofthe Trustees ofsuch Funds. All contributions shall not 

exceed 40 hours per week. 

\ 

3. In the event ofa delinquency in payment, the Employer agrees to abide by all rules and regulations established by 

the Trustees of such Funds. In the event of disputes or questions of interpretation concerning the requirements to 

make contributions or p01tions thereof, the Employer shall not be deemed delinquent while the matter is being 

considered pursuant to the grievance and arbitration procedure. Ifa delinquency in the payment is found to exist, the 

Employer shall pay the amount due, including interest, retroactive to the date ofthe delinquency. 

4. The Employer hereby agrees to permit an authorized representative ofthe Funds to inspect its payroll records for 

the purpose of checking the accuracy ofthe contributions required to be made by the Employer to the Funds. Ifthe 

Employer fails to make the contributions provided for herein within the time required by the Funds? trusts 

agreement and the rules and regulations of each ofthe Funds, then the Trustees may cancel out the benefits 

coverage for such bargaining unit employee on whose account the Employer has failed to contribute . 

. 5. The Employer must use the remittance fonns required by the Trustees of each .Ft1nd and comply with said 

instructions ofthe Trustees in filling out such forms. 

6. The Trustees ofthe Funds shall be those persons now active as Trustees, or their duly designated successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by the Trustees, but 

in no event more frequently than monthly. 

8 

00555 
o. iuc uLtsc"es snau estaousn rules, which shall include, among other things, the requirements for eligibility and 

distribution ofthe assets. The Trustees shall also set forth the rules and procedures governing the administration of 

the ,Funds. If the Trustees fail to agree on said rules and/or procedures, a neutral Trustee shall be added to the Board 

ofTrustees and the decision of a majority ofthe Board ofTrustees with respect to the whole or any part ofthe 

Health and Pension Fnnds shall be binding upon the parties hereto. 

9. The Trustees ofthe Funds may assess liquidated damages for any and all delinquent payments in amounts, which 

they, in their discretion, deemjustified to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

1. All Employees covered by this Agreement shall be allowed vacation, which is to be determined in accordance 

with, the following schedule: 

2 weeks per year 

after seven years ----s-3 weeks 

after fifteen years------4 weeks 

after twenty years----- 5 weeks 

*For New Hires: After 10 years-----3 weeks 

2. The pay for the vacations shall be paid in advance of the vacation and shall be based on straight time rates. 

Mandatory and other authorized deductions such as federal withholding tax, social security, etc., will be made from 

all vacation allowances. The vacation year shall be from April 1 through March 31 of each contract year. All 

employees hired after September 30 ofthe contract year will receive 1 day vacation for each 30 days worked for the 

following contract year not to exceed five days. 

3. The allowed vacation shall be given an employee provided that the employee worked for the Employer for at 

least six (6) months during the prior contract year. In determining vacations, all hours paid for, including those 

allowed for vacation, shall be included. In addition, work hours lost through compensation claims are to be 

considered hours worked provided the employee has worked at least thirty, (30) days in that contract year. 

4. In any case, where any ofthe holidays covered in this Agreement occur during the vacation period of any 

employee, said employee shall have the choice of an extra eight (8) hours vacation with pay or an additional eight 

(8) hours pay for such holiday. 

5. The Company shall determine the vacation schedule each year and shall give preference to the senior employees. 

Employees who are discharged by the Company for cause and those who terminate their employment shall be paid 

their accrued allowance. 

6. The vacation period will be from April 1 to March 31. The Company will post a vacation schedule by March 1 

and all vacation picks must be posted no later than March 31. All employees who fail to pick their vacation weeks 

by March 31 will forfeit their right to pick by seniority. 

7. All employees may elect to take up to (2) two weeks' vacation in single day increments. 

9 

00556 
Collectfte Bargaining Afreement 

'

between 

TEAMSTERS - • LOCAL UNI0N,2NO. 807 

· 32-43 49TH Street 

Long Island City, NY 11103 

And 

Gould Paper 

;

April 1, 2015 thru March 31, 2018 f 
ARTICLE 18. - BEREAVEMENT LEAVE 

In the case of death in the immediate family (i.e., spouse, parents, 

sister, brother, children, grandchildren, mother-in-law or father-inlaw) of 'an· employee who has been on the seniority list for at' least six 

(6) months, the Employer shall grant the employee up to four (4) days 

off, with pay, for express purposes of attending services for th~ 

deceased. Two (2) days shall be guaranteed regardless of day of death 

or day of funeral, provided the employee loses two (2) days of work 

opportunity. Death certificates or other satisfactory proof of death 

must be submitted to the Employer. Employee must be on the seniority 

list for six months. 

ARTICLE 19. - HEALTH. PENSION AND ANNUITY FUNDS •• 

1. The Employer shall participate in the Local 807 Labor-Management Health, 

Pension and Annuity Funds ("Funds"). To provide the benefits prescribed by the 

Trustees of the Funds, the Employer shall periodically contribute to the Funds 

at the rates set forth herein. 

A. Health Fund Increases: 

Effective April 1, 2015 Health Fund shall be $ 8.19 

Effective April l, 2016 Health Fund shall be $ 8.44 

Effective April 1, 2017 Health Fund shall be $ 8.69 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective April l, 2015 Pension Fund shall be $ 9.47 

Effective April 1, 2016 Pension Fund shall be $ 9. 92 

Effective April l, 2017 Pension Fund shall be $ 10. 37 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation 

Plan along with future amendments. The Company agrees to pay the annual 

contribution increases required by the Rehabilitation Plan as amended as if said 

contribution schedule was set forth in this Agreement. 

2. All contributions to the Health and Pension Funds shall be made on a maximum 

of eight- (8) hour's per day basis. The contributions made pursuant to the 

combined contribution rates shall be distributed between the Health and Pension 

Funds in accordance with the direction of the Trustees of such Funds. 

3. The Employer shall contribute to the Annuity Fund at the-rate of $2.11. for 

each hour paid per non-probationary bargaining unit employee and at the rate of 

$3.165 for each hour of overtime paid per non-probationary bargaining unit 

employee. 

4. I.n the event of a delinquency in payment, the Employer agree.s to abide by 

all rules and regulations established by the Trustees of such Funds, including 

but not limited to those requiring the payment of interest not exceeding ten· 

(10%) percent of the delinquency and counsel fees and other costs of collection 

of such delinquencies and to give security in a sufficient amount, as demanded 

by the Trustees, to secure payment of such delinquencies. In the event of 

disputes or questions of interpretation concerning the requirements to make 

11 

00558 
contributions or portions thereof, the Employer shall not be deemed delinquent 

while the matter is being considered pursuant to the grievance and arbitration 

procedure. If a delinquency in the payment is found to exist, the Employer 

shall. pay _the amount due, including interest, retroactive to the date of the 

delinquency. 

s. The' .Employe~ hereby agrees to permit an authorized representat,'i_Ve of•the 

Funds to inspect its payroll records fer the purpose of checking the accuracy 

of the contributions required to be made by the Employer to the Funds. If the 

Employer fails to make the contributions provided for herein within the time 

required by the Funds' trust agreement and the rules and regulations of 

each of the Funds, then the Trustees may cancel out the benefits 

coverage for such bargaining unit employee on whose account the 

Employer has failed to contribute. 

6. The Employer must use the remittance forms required by the Trustees 

of each Fund and comply with said instructions of the Trustees in 

filling out such forms. 

7. The Trustees of the Funds shall be those persons now active as 

Trustees, or their duly designated successors. 

8. Remittance reports and contributions shall be forwarded to the Funds 

at periodic intervals set by the Trustees, but in no event more 

frequently than monthly. 

9. The Trustees shall have the right to accept the Union as an Employer 

and to cover the Unions employees for both Health and Pension. 

10. The Trustees shall establish rules, which shall include, among 

other things, the requirements for eligibility and distribution of the 

assets. The Trustees shall also set forth the rules and procedures 

governing the administration of the Funds. If the Trustees fail to 

agree oq said rules and/or procedures, a neutral Trustee shall be added 

to the Board of Trustees and the decision of a majority of the BoarB of 

Trustees with respect to the whole or any part of the Health and 

Pension Funds shall be binding upon the parties hereto. 

11. The Trustees of the Funds may assess liquidated damages for any and 

all delinquent payments in amounts which they, in their discretion, 

deem justified to offset the added cost of collection. 

12 

00559 
Teamsters9 

LOCAL UNION 807 

Truck Drivets, Warehousemen, Exposition, Convention and Trade Show Employees 

Anthony Storz Lu Herrera 

Secretary-Treasurer Vice President 

MEMORANDUM 

32-43 -Street, Long Island City, NY 11103 

Phon:{:1/!t8)726-2525 • Fax (718) 726°7037 

E-mail: local807@aol.com 

Raymond Asqu/no Angelo Curbelo Gladys Nieves Marty Myers 

Recording Secretary . Trustee .. Trustee Trustee 

(Zec;d r,, };;.</13 

Cor= 

To: Health and Pension Funds 

From: Tony Storz-Vice President 

Subject: TW Smith Welding Supply Corporation 

Date: June 26, 2013 

The above employer has signed a Collective Bargaining Agreement that is effective for the period of 

April 1,2013 through March 31,2018. 

The contributions will be as follows: 

The Employer shall participate in the Local 807 Labor-Management Health & Welfare & Pension 

("Funds"). To provide the benefits prescribed by the Trustees of the Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August 1, 2013 Health Fund.shallbe $ 7.69 

Effective August 1, 2014 Health Fund shall be$ 7.94 

Effective August 1, 2015 •Health Fund.sha1Lb~'·$ 8.19 

Effective August 1, 2016 Health Fund shah be$ 8A4 

Effective August 1, 20l7 .Health Fund shall be'.$ 8:69 

B. Pension Fund Increases: As per the Pension.Rehabilitation Plan. 

, Effective August 1, 2013. Pension Fund shall'be $ 8.565 ' . Effective August I, 2014 Pension Ftmd ~Ifalfbe $ 9.015 

Effective August 1, 2015 Pension Ftind slfali•be $ 9.465 

Effective August 1, 2016 Pension Fund shihbe $ 9.915 

Effective August 1, 2017 Pension Fund shall be$ 10.365 I 

The Employer adopts the terms and conditions of the Pension Fund's Rehabilitation Plan along with 

future amendments. The Company agrees to pay the annual contribution incre'ases required by the 

Rehabilitation Plan as amended as if said contribution schedule was set forth fo this Agreement. 

. ' 

www.TeamstersLocal807.com.org.net 

00560 
Collective Bargaining Agreement 

•

between 

TEAMSTERS LOCAL UNION NO. 807 

32-43 49 TH Street 

Long Island City, NY 11103 

And 

, 

TW ~mith Welding Supply 

885 Meeker Ave 

Brooklyn, NY 11222 

April 1, 2013 thru March 31, 2018 · 

00561 
ARTICLE 17. STRIKE AND L&-ouT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and the Employer 

agrees that there will be no lock -outs. 

ARTICLE 18. BEREAVEMENT LEA VE 

In the case of death in the immediate family of an employee who has been on the seniority list for at 

least six (6) months (i.e., spouse, parents, sister, brother, children, grandchildren, mother-in-law or 

father-in-law), the Employer shall grant the employee up to four (4) days off, with pay, for express 

purposes of attending services for the deceased. Two (2) days shall be guaranteed regardless of day of 

death or day of funeral, provided the employee loses two (2) days of work opportunity. Death 

ce1iificates or other satisfactory proofofdeath must be submitted to the Employer. 

Article 19. HEALTH and PENSION FUNDS 

1. The Employer shall participate in the Local 807 Labor:Management Health and Pension Fund 

("Funds"). To provide the benefits prescribed by the Tntstees of the Funds, the Employer shall 

periodically contribute to the Funds at the rates set forth herein. 

A. Health Fund Increases: 

Effective August I, 2013 Health Fund shall be$ 7.69 

Effective August !, 2014 Health Fund shall be$ 7.94 

Effective August I, 2015 Health Fund shall be$ 8.19 

Effective August I, 2016 Health Fund shall be$ 8.44 

Effective August !, 2017 Health Fund shall be$ 8.69 

B. Pension Fund Increases: As per the Pension Rehabilitation Plan. 

Effective August I, 2013 Pension Fund shall be$ 8.565 

Effective August I, 20 I 4 Pension Fund shall be $ 9.015 

Effective August 1, 2015 Pension Fund shall be$ 9.465 

Effective August I, 2016 Pension Fund shall be$ 9.915 

Effective August I, 2017 Pension Fund shall be$ l0.365 

The Employer adopts the tenns and conditions of the Pension Fund's Rehabilitation Plan along with future 

amendments. The Company agrees to pay the annual contribution increases required by the Rehabilitation 

Plan as amended as if sai(l ·contribution schedule was set forth in this Agreement. 

2. Contributions to the Health & Welfare, and Pension Funds shall be made on all hours paid, with a 

maximum of eight- (8) hour's per day, not to exceed (40) hours per week. The contributions made 

pursuant to the combined contribution rates shall be distributed between the Health and Pension 

'funds in accordance with the direction of the Trustees ofsuch Funds. ' · 

3. In the event of a delinquency in payment, the Employer agrees to abide by all rules and regulations 

established by the Trustees ofsuch Funds. In the event of disputes or questions of interpretation 

concerning the requirements to make contributions or portions thereof, the Employer shall not be 

deemed delinquent while the matter is being considered pursuant to the grievance and arbitration 

9 

00562 
procedure. If a delinquency in tl-ayment is found to exist, the Employe.all pay the amount due, 

including interest, retroactive to the date of the delinquency. 

4.The Employer hereby agrees to pennit an authorized representative of the Funds to inspect its 

payroll records for the purpose of checking the accuracy of the contributions required to be made by 

the Employer to the Funds. If the Employer fails to make the contributions provided for herein within 

the time required by the Funds' trnsts agreement and the rules and regulations of each of the Funds, 

then the Trnstees inay cancel out the be11efits coverage for such bargaining unit employee on whose 

account the Employer has failed to contribute. 

S.The Employer must use the remittance fonns required by the Trnstees of each Fund and comply 

with said instructions of the Trnstces in filling out such fom1s. 

6. The Trnstees ofthe Funds shall be those persons now active as Trustees, or their duly designated 

successors. 

7. Remittance reports and contributions shall be forwarded to the Funds at periodic intervals set by 

the Trustees, but in no event more frequently than monthly. 

8. The Trnstees shall have the right to accept the 1Jnion as an Employer and to cover the Union's 

employees for both Health and Pension. 

9. The Trustees shall establish rules, which shall include, among other things, the requirements for 

eligibility and distribution ofthe assets. The Trnstees shall also set forth the rules and procedures 

governing the administration of the Funds. Jfthe Trustees fail to agree on said rules and/or 

procedures, a neutral Trustee shall be added to the Board ofTrustees and the decision of a majority of 

the Board ofTrustees with respect to the whole or any part of the Health and Pension Funds shall be 

binding upon the parties hereto. 

10. The Trustees of the Funds may assess liquidated damages for any and all delinquent payments in 

amounts, which they, in their discretion, deem justified to offset the added cost of collection. 

ARTICLE 20. VACATIONS 

I. All Employees covered by this Agreement shall be allowed vacation, which is to be detennined in 

accordance with, the following schedule: 

One year -----------2 weeks 

Three years --------3 weeks 

Twelve years ----- 4 weeks 

Twenty years ------------- S weeks 

Twenty-five years---------6 weeks 

Thirty years-----------------7 weeks (available only to employees hired before April J, 20 I3) 

10 

00563 
r 

"I" t ..A 32·,•., th Street, Long Island City, NY 11103 ,earns enrI:, "'t,.J ...~ Phone (718) 726-2525 • Fax (718) 726-7037 

E-mail: local807@aoLccm 

~ " \ 

: 

,,a 

"~,-o•H

1

~""00 ~ LOCAL UNION 807 ~..., :o~ Truck Drivers, Warehousemen, Exposition, Convention and Trade Show Employees 

iii Greater New York Vicinity and Metropolitan Area , 

,. § John "Buddy" Sulllvan Anthony Storz Lu Herrera Raymond Asquino Angelo Curbelo Gladys Nieves Marty Myers 

"'-i;, t?.>.:t:>,,, President Secretary-Treasurer Vice President Recording Secretary Trustee Trustee / Trustee 

r&c 1c/ I{ 2.o//3 ,.-

((1,p ·' 

J 

MEMORANDUM 

To: Local 807 Health and Pension Funds 

From: 

Subject: 

Buddy Sullivan-President 

Airweld Inc. 

Date: August 20, 2013 

The above employer has signed a Collective Bargaining Agreement that is effective for 

the period of April 1, 2013 through Mi;irc:h 31, 2018. 

The contributions will be as folloWs: ' ' : 

HEAL TH FUND , , . . .. 

The Employer shaUparticipate inJl:t.~;,L,qcal 807 Labor-Management Health Fund 

("Health Fund"). In order to prQl{ide'th~'.iR~mEiftt.s pres9riJ?~p.'.9y the Trustees of the Health 

Fund, the Employer shall perioqi.~?.HY contribute tq fbe,f.~~c:l ~tthe rates set forth below. 

The Employer sh'all continue to q8f\11'.f~ute to the H§'~iiff'Ffuncfat the following rates. 

The Employer is currently paying ai'ihourly rate of $?:14tothe Health Fund. 

411/13 4/1/14 4/1/15. A/1116. .A/1117 

$7.69 $7.94 $8.19 

PENSION FUND 

The Employer shall participate in the Local 807 Labor-Management Pension Fund 

("Pension Fund"). In order to provide the benefits prescribed by the Trustees of the 

Pension Fund, the Employer shall continue to make contributions to the Pension Fund. 

The Employer is currently paying the amount of $7.515 per hour for each covered 

employee. As of April 1, 2013, the Employer adopts the terms and conditions of the 

Pension Fund's Rehabilitation Plan along with all future amendments. 

 

www.TeamstersLocal807.com.org.net 

00564 
The Employer agrees to pay the $.45 per hour annual contribution increases required by 

the Rehabilitation Plan for each year of this Agreement, as amended, as if said 

contribution schedule were set forth in this Agreement. 

Employees hired after June 30, 1994 will participate in the Local 807 Pension 

Plan, and be brought up to full pension parity in four (4) years according to the following 

schedule; 

First twelve (12) months of employment $1.00/hr 

Effective one (1) year after employment $1.50/hr 

Effective two (2) year after employment $2.00/tir 

Effective three (3) year after employment $2.50/hr 

Effective four (4) year after employment full pension contribution 

All contributions to the Health and Pension Funds shall be made on a maximum 

of eight (8) hours per day basis, forty (40) hours per week. The Employer shall contribute 

for all hours paid including regular days, Saturdays, Sundays, vacation days, holidays 

and sick days (whether worked or not). 

 

00565 
operation provided, however, that the provisions of this Article are not to be used by the 

Employer for the purpose of discriminating against the Union or any of its members. 

ARTICLE 17.STRIKE AND LOCK-OUT 

The Union agrees that there will be no strikes, work stoppages or slowdowns and 

the Employer agrees that there will be no lock-outs. 

ARTICLE 18.BEREAVEMENT LEAVE 

In the case of death in an employee's immediate family, i.e., spouse, parents, 

sister, brother, children, mother-in-law or father-in-law, the Employer shall grant the 

employee up to four (4) days off, with pay, for express purposes of attending services 

for the deceased. An· employee shall be guaranteed two (2) days off, with pay at the 

time of death. Death certificates or other satisfactory proof of death must be submitted 

to the Employer. The employee, to be eligible, must be on the seniority list for six (6) 

months. 

ARTICLE 19.HEALTH FUND 

1. The Employer shall participate in the Local 807 Labor-Management Health Fund 

("Health Fund"). In order to provide the benefits prescribed by the Trustees of the Health 

Fund, the Employer shall periodically contribute to the Fund at the rates set forth below. 

The Employer shall continue to contribute to the Health Fund at the following rates. 

The Employer is currently paying an hourly rate of$ 7.44 to the Health Fund. 

4/1/13 4/1/14 4/1/15 4/1/16 4/1/17 

$7.69 $7.94 $8.19 $8.44 $8.69 

ARTICLE 19A. PENSION FUND 

1. The Employer shall participate in the Local 807 Labor-Management Pension 

Fund ("Pension Fund"). In order to provide the benefits prescribed by the Trustees of 

the Pension Fund, the Employer shall continue to make contributions to the Pension 

Fund. The Employer is currently paying the amount of $7.515 per hour for each covered 

employee. As of April 1, 2013, the Employer adopts the terms and con_ditions of the 

Pension Fund's Rehabilitation Plan along with all future amendments. The Employer 

agrees to pay the $.45 per hour annual contribution increases required by the 

Rehabilitation Plan for each year of this Agreement, as amended, as if said contribution 

schedule were set forth in this Agreement. · 

2. Employees hired after June 30, 1994 will participate in the Local 807 Pension ,. 

Plan, and be brought up to full pension parity in four (4) years according to the following 

schedule; 

12 

00566 
First twelve (12) months of employment $1.00/hr 

Effective one (1) year after employment $1.50/hr 

Effective two (2) year after employment $2.00/hr 

Effective three (3) year after employment $2.50/hr 

Effective four ( 4) year after employment full pension contribution 

ARTICLE 198. PROVISIONS COMMON TO THE HEAL TH FUND AND PENSION 

FUND 

1. All contributions to the Health and Pension Funds shall be made on a maximum 

of eight (8) hours per day basis, forty (40) hours per week. The Employer shall 

contribute for all hours paid including regular days, Saturdays, Sundays, vacation days, 

holidays and sick days (whether worked or not). 

2. In the event of a delinquency in payment, the Employe'r agrees to abide by all 

rules and regulations established by the Trustees of such Funds, including but not 

limited to those requiring the payment of interest of the delinquency and reasonable 

counsel fees and reasonable costs of collection of such delinquencies and to give 

reasonable security in a sufficient amount, as demanded by the Trustees, to secure 

payment of such delinquencies. 

3. The Employer hereby agrees to permit an authorized representative of the Funds 

to inspect its payroll records for the purpose of checking the accuracy of the 

contributions required to .be made by the Employer to the Funds, If the Employer fails to 

make the contributions provided for herein within the time required by the Funds' trust 

agreement and the rules and regulations of each of the Funds, then the Trustees may 

cancel out the benefits coverage for such bargaining unit employee on whose account 

the Employer has failed to contribute. 

4. The Employer must use the remittance forms required by the Trustees of each 

Fund and comply with said instructions of the Trustees in filling out such forms. 

5. The Trustees of the Funds shall be those persons now active as Trustees, or 

their duly designated successors. 

6. Remittance reports and contributions shall be forwarded to the Funds at periodic 

intervals set by the Trustees. 

7. The Trustees shall have the right to accept the Union as an Employer and to 

cover the Union's employees for both Health and Pension benefit 

8. The Trustees of the Funds may assess liquidated damages for any and all 

delinquent payments in amount_s which they, in their discretion, deem justified to offset 

the added cost of collection. 

13 

• ' 00567 
Acknowledgement ID# 20180312113000P030006212085001 

' 

Annual Return/Report of Employee Benefit Plan 0MB Nos. 1210-0110 Form5500 1210-0089 

This form is required to be filed for employee benefit plans under sections 104 

and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and Department of the Treasury 

Internal Revenue Service sections 6057(b) and 6058(a) of the Internal Revenue Code (the Code). 2016 

Department of Labor  Complete all entries in accordance with Employee Benefits Security the Instructions to the Form 5500. AdmlnlstraUon 

This Form is Open to Public 

Inspection 

Pension Benefit Guaranty Corporation 

I Part I I Annual Report Identification Information 

For calendar plan year 2016 or fiscal plan year beginning 09/01/2016 and ending 08/31/2017 

A This return/report is for: E] a multiemployer plan 0 a multiple-employer plan (Filers checking this box must attach a list of 

participating employer information In accordance with the form instructions.)

Da single-employer plan Oa DFE (specify)_ 

B This return/report is: Dthe first return/report Dthe final return/report 

Dan amended return/report Da short plan year return/report (less than 12 months) 

C If the plan Is a collectively~bargained plan, check here ............................................................  [81 

D Check box if fillng under: DForm 5558 Dautomatic extension Dthe DFVC program 

nspecial extension (enter description) 

I Part II I Basic Plan Information-enter all requested Information 

1a Name of plan 

LOCAL 807 LABOR MANAGEMENT PENSION FUND 

1 b Three-digit plan I 002 number (PN)  

1C Effective date of plan 

12/01/1950 

2a Plan sponsor's name (employer, lffor a single-employer plan) 

Mailing address (include room, apt., suite no. and street, or P.O. Box) 

City or town, state or province, country, and ZIP or foreign postal code (if foreign, see instructions} 

BOARD OF TRUSTEES LOCAL 807 LABOR- MANAGEMENT PENSION FUND 

2b Employer Identification 

Number (EIN) 

51-6099111 

2c Plan Sponsor's telephone 

number 

718-726-2525 

32-43 49TH STREET 

LONG ISLAND CITY, NY 11103 

2d Business code (see 

instructions) 

525100 

Caution: A penalty for the late or incomplete filing of this return/report will be assessed unless reasonable cause is established. 

Under penalties of perjury and other penalties set forth in the Instructions, I declare that I have examined this return/report, Including accompanying schedules, 

statements and attachments, as well as the electronic version of this return/report, and to the best of my knowledge and belief, it is true, correct, and complete. 

SIGN Filed with authorized/valid electronic signature. 03/06/2018 JOHN SULLIVAN 

HERE 

Sianature of plan administrator Date Enter name of individual sianina as clan administrator 

SIGN . . HERE 

Signature of emolover/plan soonsor Date Ent;: name of indlvidual sianino as emnlove; o·r nlan soonsor

., SIGN .., HERE 

Sianature of DFE Date Ent~r~name of individual sianino as DFE

Preparer's name Preparer's telephone number (including firm name, if applicable) and address (include room or suite number) , . 

For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Form 5500 (2016) 

·v. 160205 

00568 
18 

" . Form 5500 (2016) Page2 

3a Plan administrator's name and address OSame as Plan Sponsor 3b Administrato(s EIN

51-6099111 BOARD OF TRUSTEES LOCAL 807 LABOR- MANAGEMENT PENSION FUND 

3c Administrator's telephone 

32-43 49TH STREET number 

LONG ISLAND CITY. NY 11103 718-726-2525 

4b EIN 

EIN and the plan number from the last return/report: 

4 If the name and/or EIN af the plan sponsor has changed since the last return/report flied for this plan, enter the name, 

4c PN 

5 Total number of participants at the beginning of the plan year 

a Sponsor's name 

5 4649 

s Number of participants as of the end of the plan year unless otherwise stated (welfare plans complete only lines 6a(1) 1 

6a(2), 6b, 6c, and 6d). 

a(1) Total number of active participants at the beginning of the plan year................................................................................ 802 

781 

Sa(1l 

Sa(2l 

b Retired or separated participants receiving benefits............................................................................................................. 

a(2) Total number of active participants at the end of the plan year ....................................................................................... 

Sb 2191 

Sc 933 

d Subtotal. Add lines 6a(2), 6b, and 60 ................................................................................................................................... 

C Other retired or separated participants entitled to future benefits ......................................................................................... 

Sd 3905 

e Deceased participants whose beneficiaries are receiving or are entiUed to receive benefits. ............................................... Se 636

f Total. Add lines 6d and 60 .................................................................................................................................................. Sf 4541

g Number of participants with account balances as of the end of the plan year (only defined contribution plans 

complete this item) .............................................................................................................................................................. Sg 

h Number of participants that terminated employment during the plan year with accrued benefits that were 

less than 100% vested ........................................................................................................................................................ Sh 

7 Enter the total number of employers obligated to contribute to the plan (only multiemployer plans complete this item) ........ 7 88

Sa If the plan provides pension benefits, enter the applicable pension feature codes from the List of Plan Characteristics Codes in the instructions: 

b If the plan provides welfare benefits, enter the applicable welfare feature codes from the List of Plan Characteristics Codes in the fnstructlons: 

9a Plan funding arrangement (check all that apply) 9b Plan benefit arrangement (check all that apply) r 

(1) X

- Insurance (1) 

- Insurance 

(2) 

- Code section 412(e)(3) insurance contracts (2) - Code section 412(e)(3) insurance contracts 

(3) 6 Trust (3) !5 Trust 

(4) General assets of the sponsor (4) General assets of the sponsor 

10 Check all applicable boxes in 10a and 10b to indicate which schedules are attached, and, where indicated, enter the number attached. (See instructions) 

a Pension Schedules b General Schedules 

·(1) l2J R (Retirement Plan Information) (1) H '(Financial Information) 

 

121 

(2) l8J MB (Multiemployer Defined Benefit Plan and Certain Money (2) I (Financial Information - Small Plan) 

Purchase Plan Actuarial Information) - signed by the plan (3) A (Insurance Information) 

actuary (4) C (Service Provider Information) 

(3) 0 SB (Single-Employer Defined Benefit Plan Actuarial (5) ~ D ( FE/Participating Plan Information) 

Information) - signed by the plan actuary (6) G (Financial Transaction Schedules)  

00569 
8 

,. 

0MB No. 1210-0110 SCHEDULER Retirement Plan Information 

(Form 5500) 2016 This schedule is required to be filed under sections 104 and 4065 of the Department of the Treasury 

Internal Revenue Service Employee Retirement Income Security Act of 1974 (ERISA) and section 

6058(a) of the Internal Revenue Code (the Code). Department of Labor This Form is Open to Public 

Employee Benefits-Security Administration  File as an attachment to Form 5500. Inspection. 

Pension Benefit Guaranty Corporation 

For calendar plan year 2016 or fiscal plan year beginning 09/01/2016 and ending 08/31/2017 

A Name of plan 

LOCAL 807 LABOR MANAGEMENT PENSION FUND 

B Three-digit 

plan number 

(PN)  002 

C Plan sponsor's name as shown on line 2a of Form 5500 

BOARD OF TRUSTEES LOCAL 807 LABOR- MANAGEMENT PENSION FUND 

D Employer Identification Number (EIN) 

51-6099111 

I Part I I Distributions 

All references to distributions relate only to payments of benefits during the plan year. 

1 Total value of distributions paid in property other than in cash or the forms of property specified in the 

instructions ..................................•....................................................................................................................... '----'--------- 2 Enter the EIN(s) of payor(s) who paid benefits on behalf of the plan to participants or beneficiaries during the year (if more than two, enter EINs of the two 

payers who paid the greatest dollar amounts of benefits): 

EIN(s): 

Profit-sharing plans1 ESOPs, and stock bonus plans, skip line 3. 

3 Number of participants (living or deceased) whose benefits were distributed in a single sum, during the plan 3 0 

year .................................................................................................................................................................... . 

Part II I Funding Information (If the plan is not subject to the minimum funding requirements of section of 412 of the Internal Revenue Code or 

ERISA section 302, skip this Part.) 

4 Is the plan administrator making an election under Code section 412(d)(2) orERISAsection 302(d)(2)? .......................... DYes E'.] No D N/A 

If the plan is a defined benefit plan, go to line 8. 

5 If a waiver of the minimum funding standard for a prior year is being amortized in this 

I 

Day ____ Year ____ plan year, see instructions and enter the date of the ruling letter granting the waiver. Date: Month ____ 

If you completed line 5, complete lines 31 91 and 10 of Schedule MB and do not complete the remainder of;..,t::.hc.i•c...csc.:.h,c.e'--d"'u:::l.:.e;___________ 

6 a Enter the minimum required contribution for this plan year (include any prior year accumulated funding 6a 

deficiency not waived) .................................................................................................................................. . 1---+----------- b Enter the amount contributed by the employer to the plan for this plan year ................................................... l--6_b----Jl------------

c Subtract the amount in line 6b from the amount in line 6a. Enter the result 

(enter a minus sign to the left of a negative amount) ...................................................................................... L..:6::c:._.1-____________ 

If you completed line 6c, skip lines 8 and 9. 

7 Will the minimum funding amount reported on line 6c be met by the funding deadline? ......................................... .. DYes  No  N/A 

If a change in actuarial cost method was made for this plan year pursuant to a revenue procedure or other 

authority providing automatic approval for the change or a class ruling letter, does the plan sponsor or plan D Yes  No ~ N/A administrator agree with the change? .................................................................................................................. .. 

Part Ill I Amendments 

9 lf this is a defined benefit pension plan, were any amendments adopted during this plan 

I

i~~~ t~~'.nt~=~~~~e~~i;c~~~~.~.~.~.~~-~~'.~.~..~.~.~.~-~-~~~~:.. .~.~.~.~'..~~~~-~.~~.~:.:.~~:.~'.~~~........ DIncrease. DDecrease DBoth l8] No 

Part IV ESOPs see instructions). If this is not a plan described under Section 409(a) or 4975(e)(i') of the Internal Revenue Code, skip this Part. 

10 Were unallocated employer securities or proceeds from the sale of unallocated securities used to repay any exempt loan?................ DYes O No 

f1 a Does the ESOP hold any preferred stock? .......................................................................... : ........................ , ............ ._............... DYes D No 

b If the ESOP has an outstanding exempt loan with the employer as lender:,. is such loan part of a u6ack-to-back" loan? DYes  No (See instructions for definition of uback-to-back" loan.) .............................. : ........................................... : ................................... . 

12 Does the ESOP hold any stock that Is not readily tradable on an established sec~rities marKet? .... .-......... :........................................ DYes D No 

For Papeiwork Reduction Act Notice, see the Instructions for Form 5500. Schedule R (Form 5500) 2016 

v. 160205 

"' . 

00570 
Schedule R (Form 5500) 2016 Page2•LJ 

I Part V I Additional Information for Multiemployer Defined Benefit Pension Plans 

13 Enter the following Information for each employer that contributed more than 5% of total contributions to the plan during the plan year (measured ln 

dollars). See instructions. Complete as many entries as needed to report all applicable employers. 

a Name of contributing employer NY CONVENTION CENTER OPERATING CORP 

1658063 b EIN 13-30361'95 c Dollar amount contributed by employer 

d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box 0 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 07 Day 17 Year 2018 

e Contribution rate Information (If more than one rate applies, check this box Dand see Instructions regarding required attachment, Otherwise, 

complete lines 13e(1) and 13e(2).) 

(1) Contribution rate (in dollars and cents) "'9.,a26"---= 

(2) Base unit measure: IX] Hourly OWeekly OUnit of production OOther (specify): 

a Name of contributing employer AVIS RENT A CAR SYSTEM 

b EIN 39-0958907 C Dollar amount contrlbuted by employer 766512 

d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box 0 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 03 Day 31 Year 2019 

e Contribution rate information (If more than one rate applies, check this box Oand see instructions regarding required attachment. Otherwise, 

complete lines 13e(1) and 13e(2).) 

(1) Contribution rate (in dollars and cents) 03.cc.6c.c0'---= 

(2) Base unit measure: fJ Hourly OWeekly OUnit of production OOther (specify): 

a 

b 

d 

e 

Name of contributing employer KAMCO SUPPL y CORP 

613247 EIN 11-0941695 C Dollar amount contributed by employer 

Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box 0 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 11 Day 30 Year 2020 

Contribution rate information (If more than one rate applles, check this box Oand see instructions regarding required attachment. Otherwise, 

complete lines 13e(1) and 13e(2).) 

(1) Contribution rate (in dollars and cents) 5~·=29~--= 

(2) Base unit measure: 0 Hourly IX] Weekly OUnit of production O Other (specify): 

a 

b 

d 

e 

Name of contributing employer FLORENCE CORP 

EIN 495762 11-1557789 c Dollar amount contributed by employer 

Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box 0 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 11 Day 30 Year 2020 

Contribution rate information (If more than one rate applies, check this box Dand see instructions regarding required attachment. Other.,vise, 

complete lines 13e(1) and 13e(2).) 

(1) Contribution rate (in dollars and cents) ""5.=29~--= 

(2) Base unit measure: 0 Hourly pj Weekly OUnit of production OOther (specify): 

a 

b 

d 

e 

Name of contributing employer NEW YORK !;<ACING ASSOCIATION, INC 

EIN 447893 61-1559040 c Dollar amount contributed by employer 

Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box 0 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 12 Day 31 Year 2018 

Contribution rate information (If more than one rate applies, check this box Oand see instructions rega;ding required attachment. Otherwise, 

complete lines 13e(1) and 13e(2).) 

(1) Contribution rate (in dollars and cents) :c4-c:0:2____ 

(2) Base unit measure: pj Hourly OWeekly OUnit of production OOther (specify): 

' . 

a 

b 

d 

e 

Name of contributing employer PERSONNEL COORDINATOR INC 

EIN 13-4794380 C Dollar amount contributed by employer 444669 

·Date collective bargaining agreement expires (ff employer contributes under more than on·e collecti~e bargaining agreement, check box D 

and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month 03 Day 31 Year 2018 

Contribution rate information (If more than one rate applies, check this box Oand see instructions regarding required attachment. Other.,vise, 

complete lines 13e(1) and 13e(2).) 

(1) .Contribution rate (in dollars and cents) 9:..;·.:.91'---~~ 

(2) Base unit measure: EJ Hourly OWeekly OUnit of production OOther (specify): • 

00571 
~-~~~ ---------------

Schedule R (Form 5500) 2016 Page 3 

14 Enter the number of participants on whose behalf no contributions were made by an employer as an employer 

0 fthepartlcIpantfor: 

14a 162 a The current year .................................................................................. , ...................................... , .., .................. 

14b 180 b The plan year Immediately preceding the current plan year .............................................................................. 

' 14c . 136 C •The second preceding plan year ............. ~ ........................................................................................................ 

15 Enter the ratio of the number of participants under the plan on whose behalf no employer had an obligation to make an 

employer contribution during the current plan year to: 

15a 0.90 a The corresponding number for the plan year immediately preceding the current plan year ............................... 

15b 1.19 b The corresponding number for the second preceding plan year ....................................................................... 

16 Information with respect to any employers who withdrew from the plan during the preceding plan year: 

16a 4 a Enter the number of employers who withdrew during the preceding plan year ............................................... 

b If line 16a Is greater than 0, enter the aggregate amount of withdrawal liability assessed or estimated to be 16b 5903012

assessed aoainst such withdrawn emnlovers ..................•................................................................................ 

17 lf assets and liabilities from another plan have been transferred to or merged with this plan during the plan year, check box and see instructions regarding 

supplemental information to be included as an attachment. ········································································:··············································D 

I Part VI I Additional Information for Single-Employer and Multiemployer Defined Benefit Pension Plans 

18 If any liabilities to participants or their beneficiaries under the plan as of the end of the plan year consist (in whole or in part) of liabilities to such participants 

and beneficiaries under two or more pension plans as of immediately before such plan year, check box and see instructions regarding supplemental 

information to be included as an attachment ...................................................................................................................................................................... . 

19 If the total number of participants is 1,000 or more, complete lines (a) through (c) 

a Enter the percentage of plan assets held as: 

Stock: __5_5_% Investment-Grade Debt: __3_1_% High-Yield Debt: % Real Estate: 12 % Other: 2 % 

b Provide the average duration of the combined investment-grade and high-yield debt: 

D0-3 years ~ 3-6 years D6-9 years D9-12 years O12-15 years O15-18 years O18-21 years D21 years or more 

C What duration measure was used to calculate line 19(b)? 

181 Effective duration DMacaulay duration DModified duration Dother (specify): 

I Part VII I IRS Compliance Questions 

20a Is the plan a 401 (k) plan? If "No," skip b .................................................................................................. .. DYes  No 

 Design-based  uPrior year" 

safe harbor ADP test 20b How did the plan satisfy the nondiscrimination requirements for employee deferrals under section 

401(k)(3) for the plan year? Check all that apply: .....................................................................................  "Current year"  NIA ADP test 

21 a What testing method was used to satisfy the coverage requirements under section 41 O(b) for the plan Ratio

 Average  percentage NIA year? Check all that apply: ...................................................................................................................... . test benefit test 

21 b Did the plan satisfy the coverage and nondiscrimination requirements of sections 410(b) and 401(a)(4) DYes  No for the plan year by combining this plan with any other plan under the permissive aggregation rules? ...... 

22a If the plan is a master and prototype plan (M&P) or volume submitter plan that received a favorable IRS opinion letter or advisory letter, enter the date of 

the letter I I and the serial number 

22b If the plan is an individually-designed plan that received a favorable determination letter from the IRS,. enter the date of the most recent determination 

letter / I 

' 

00572 
-----------------

·-·-•-·······--····--·------,~------------------------........------------ SCHEDULE MB Multiemployer Defined Benefit Plan and Certain 0MB No. 1210·0110 

(Form 5500) Money Purchase Plan Actuarial Information 2016 

De~artrrnmt of the Treasury 

lnlernal Revenue Service This schedule Is required to be filed under section 104 of the Employee 

Department er Labor 

E:mployee Benents Security Administration 

Pension Senefll Gueranly Corporation 

Retirement Income Security Act of 1974 (ERISA) and section 6059 of the 

Internal Revenue Code (the Code). 

 File as an attachment to Form 5500 or 5500,SF, 

This Form Is Open to Public 

Inspection 

For calendar plan year 2016 or fiscal plan year beginning O 9 / D1 / 2 O 16 and ending 08/31/2017

 Round off amounts to nearest dollar. 

 Caution: A penalty of $1,000 will be assessed for late flllng of this report unless reasonable cause is established. 

A Name of plan 

LOCAL 807 LABOR MANAGEMENT PENSION FUND 

C Plan sponsor's name as shown on line 2a of Fonn 5500 or 5500-SF 

BRO OF TRUSTEES LOCAL 807 LABOR-MANAGEMENT PENSION 

B Three-digit I 

p\an numb~!.ft'i....)___..,__0"--0"--2__ 

D Employer Identification Number (EIN) 

51-6099111 

E Type of plan: (1) igJ Multiemployer Defined Benefit (2) 0 Money Purchase (see instructions) 

1a Enter the valuation date; Month 09 Day 01 Year 2016 

b Assets 

(1) Current value of assets ........................................... ,,........................................................................ . 

(2) Actuarial value of assets for funding standard account....................................................................... 

c (1) Accrued liability for plan using Immediate gain methods ................................................................... . 

(2) Information for plans using spread gain methods: 

(a) Unfunded liability for methods with bases .............................................. ,....................................... 

1b 1) 

1b(2l 

151,975,903 

154,640 867 

1c(1) 338,327 966 

1c(2)(a) 1---------------- (b) Accrued 11ablllty under entry age normal method.................... ........................................................l--1_c('-2_)(b-')-+------------

(c) Normal cost under entry age normal method................................................................................. 1c(2)(c) 

(3) Accrued liability under unit credit cost method .....................................................................................,_ __1_c(__3'-)-+------3_3_1-',_0_3_6-','-0_1_4 

d Information on current liabilitles of the plan: 

(1) Amount excluded from current liablllty·attrlbutable to pre-participation service (see instructions) ......... ,___1d_(~1~)-+----------­

(2) "RPA '94" infonnation: 

(al Current liability ............................................................................................................................... i-1d~(~2)~(a~)-+-_____5_3_0_,_8_1_7_,_9_6_4_ 

(b) Expected Increase In current liability due to benefits accruing during the plan year ........................ l-'1_d(.,__2-")(:....b.:..}+-------4-',_4_3_4-'''-2'-8-"---7 

(c) Expected release from "RPA '94 • current llablllty for the plan year ................................................. 1_1_d~(2~)(~c_)+-______2_9_,_0_1_9_,_8_9_2 

3) Ex ecled plan disbursements for the plan year ................................................... ,.:c.c.:c···c.c··-· .. .. -"-""-'"·-·;.;.;".;.c."";.;.;••.;,_"•;,:_•'-·"_,__....;1_d.,_(3.,__~__,_______3_0_,_,2_9_4.,_,_8_9_2 

Statement by Enrolled Actuary 

To lhe best or my k110wledge. lllQ lnf,.,rnutfpn 0<1ppllod fn 1111, ocl1odulo. n<I auachmenls, If any. ls complete and accura1e. Each prescribed assumplian was applied 

In accordance wilh appiceble l1w ;md rogulaliDriu. Ir, JJr/ 01,;,,;c,11, nach accounl the experience ol Lhe plan and reasonable e,cpoctations) end such other 

a-ssumpt[onEi:, in c:omblnat10ri11Jffn-r rny Uefil P..slh11Mn c,,I anlldpnlud oxrm 

SIGN 

HERE Nicholas J. Laccetti 02/26/2018 

Signature of actua Date 

Nicholas J. Laccetti, MAAA, FCA 1702263 ----------·--·-----·~----- Type or print name of ac Most recent enrollment number 

SEGAL CONSULTING 212-251-5000 ------------··-------- Firm name Telephone number (Including area code) 

333 WEST 34TH STREET 

1'1EW YORK NY 10001-2402 

Address of the firm 

------------·-·--------------------- If the actuary has not fully reflected any regulation or ruling promulgated under the statute in completing this schedule, check the box and see 

inslruccions  

For Papeiworl< Reduction Act Notice, see lhe Instructions for Form 5500 or 5500,SF, Schedule MB (Form 5500) 2016 

v.160205 

00573 
' Schedule ' MB (Form 5500) 2016 Page2•0

2 Operational information as of beginning of this plan year 

2a a Current value of assets (see instructions) ................. ........................................................................................... J 

b "RPA '94" current liability/participant count breakdown: (1) Number of participants 

2,866 (1) For retired participants and beneficiaries receiving payment ................................... 

954 (2) For terminated vested participants ............................ : ...... : ................... , .................. 

(3) For active participants: 

(a) Non-vested benefits.......................................................................................... 

(b) Vested benefits................................................................................................. 

(c) Total active ....................................................................................................... 714 

4,534 (4) Total ....................................................................................................................... 

C 

:~~;e~~::nt~9.~.r~5.u.lti~9..f'.~~.~ivi~i~9. .Ii.~.~. _2~. ~~.Ii."~.~~(~).'. ~~I~~"..(2.)'..is. I~..~-.th·•·n· ·7·0·~·'· .~.~t.e r 5.~~~ .. .............. T2c 

164,132,205 

(2) Current liability 

289,720,764 

120,024,868 

909,624 

120,162,708 

121,072,332 

530,817,964 

30. 92 % 

3 Contributions made to the plan for the plan year by employer(s) and employees· 

(a) Date (b) Amount paid by (c) Amount paid by (a) Date (b) Amount paid by (c) Amount paid by 

(MM-DD-YYYY) employer(s) employees (MM-DD-YYYY) employer(s) employees 

03/15/2017 9,629,904 

Totals  I 3(b) 9,629,904 3(cl I 0 

4 Information on plan status: 

46. 7 % a Funded percentage for monitoring plan's status (line 1 b(2) divided by line 1 c(3)) ················································1 4a 

4 b ~~~~ i~o"~"t~~nt~~i~: ~I~~.•~ .~~~·t·~~ .(~~.~.'.~~~~~.~~i.~~~.~~.~ ~~~.~~.~~~~.~~~~.~~~-~.i~.~.~~~~.~.~~~.~.~ .~'.~~:~.~·t·~~~.~~· If 0 _ _b_,________D____ 

c Is the plan making the scheduled progress under any applicable funding improvement or rehabilitation plan? .............................................................e§ Yes DNo 

d If the plan is in critical status or critical and declining status, were any benefits reduced (see instructions)? ................................................. Yes ~ No 

e If lined is "Yes," enter the reduction 1n liability resulting from the reduction in benefits (see instructions), 

measured as of the valuation date ...................................................................................................................... 4e 

f If the rehabilitation plan projects emergence from critical status or critical and declining status, enter the plan 

year in which it is projected to emerge. 

If the rehabilitation plan is based on forestalling possible insolvency, enter the plan year in which insolvency is 

expected and check here ........................................................................................................................ (Kl 

41 2032 

5 Actuarial cost method used as the basis for this plan year's funding standard account computations (check all that apply): 

a DAttained age normal b !jg Entry age normal c DAccrued benefit (unit credit) d DAggregate 

e DFrozen initial liability f DIndividual level premium g DIndividual aggregate h  Shortfall 

00574 
--

----

Schedule MB (Form 5500) 2016 Page3-0 

0 Other (specify): 

j If box h is checked, enter period of use of shortfall method ........................................ , ....................................... rr1---------~~-- k Has a change been made In funding method for this plan year? ................................................................................................................ Yes [Rl No 

I If line k Is "Yes," was the change made pursuant to Revenue Procedure 2000-40 or other automatic approval?........................................ ". Yes ONo 

m ~~~,~~i~~·~~=•~~:~~~I~~ f~i~~·1~~·~~~~~dth·~··d·~'.~..(~.~:°.~~~~.~~)~f.t~~.'~'.'.~.g. l·~·tt·~'..~.~~l~'.d.u·a·l~r~I~~~)............. [ Sm I 

6 Checklfst of certain actuarial assumptions: 

a Interest rate for''RPA '94" current liability .................................................................................................................................... ~ 6a I 3.11 % 

Pre-rellrement Post-retirement 

b Rates specified in insurance or annuity contracts.................................... _____ ~es ONo ~ ~!A__---,f--__O_yes DNo ~ NIA 

C Mortality table code for valuation purposes: 

(1) Males..................... ............................................................ 6c(1) ~ A l--~'-,-------------+-----------c-- (2) Females., ............................. . 6c ( 2) A A 

d Valuation liability Interest rate..................................................... 6d 7. 50% 7. 50 % 

e Expenseloading ...... ,.................................................................. 6e 103.3 % n NIA Ix! N/A 

f Salary scale................................................................................ 61 % Ix N/A 

g Estimated investment return on actuarial value of assets for year ending on the valuation date.................... 69 8. 5 % f---+------------ h Estimated investment return on current value of assets for year ending on the valuation date...................... 6h 7 . 2 % 

7 New amortization bases established In the current plan year: 

(1\ Type of base (2} lnltla! balance (3) Amortization Charge/Credit 

4 22,072,135 2,326,038 

1 80,690 8,503 

--~----

8 Miscellaneous information: 

a If a waiver of a funding deficiency has been approved for this plan year, enter the date (MM-DD-YYYY) of aa 

the ruling lettergrantini:i lhe approval .., ........................................................................................................ , 

b(1) Is the plan required lo provide a projection of expected benefit payments? (See the Instructions.) If "Yes," Yes DNo 

attach a schedule ......•..................•....... , .............•......•.......•...................................... , ...................................... , ........ . ~ 

b(2) Is the plan required to provide a Schedule of Active Participant Data? (See the instructions.) If "Yes," attach a 18] Yes DNo schedule ..................... , ..................................................................... , ............................................. . 

c Are any of the plan's amortization bases operating under an extension of time under section 412(e) (as in effect DYes 18] No prior to 2008) or section 431(d) of the Code? ............................................................................................................... ~-----

to 200B) or 431 (d)(2) of the Code? ......................................................................................................... . 

d If line c Is "Yes." provide the following additional information: 

(1) Was an extension granted automatic approval under section 431 (d)(1) of the Code? .......... ., .. DYes DNo 

(2) If line 8d(1) is "Yes,·• enter the number of years by which the amortization period was extended ............ 1__ B_d_(_2)~~--

(3) Was an extension approved by the Internal Revenue Service under section 412(e) (as in effect prior 0 Yes 0 No 

(4) i~~il~~i~~(~~sn~~~~•r ~l;~;~~~~~~f(~i)a'.s b~.~h.ic~.'.~". .~.~o~i.~~ti~~.~--'.i~.d..~~~ ...x.t.e~d.•~·(·~~t······, .... rf--;_d_(4_)---,f-------

(5) If line 8d(3) is "Yes," enter the date of the ruling letter approving the extension ...................................... cG~s_d.,_(5'-')-~------------ (6) lf line 8d(3) is "Yes," is the amortization base eligible for amortization using interest rates applicable under 0 Yes ONo section 6621 (b) of the Code for years beginning after 2007? ......................................................................... _. ..._... • _____ 

7 

e If box 5h is checked or line Be is "Yes,'' enter the difference between the minimum required contribution ,o·:- .. :.o:1~~~Jl~~a[h:n:~~~i;~~/:u;;!:{;(~.~~~.~~~.~..~.~·~·~··~~.:.~.i~~~.~i.t·~·~·~~..~.~'.~~.~~~..~.~~~~~~'..~~~~.~~..~:_....·.·::·~-~- -------~--

9 Funding standard account stateinent for this plan year: 

Charges to funding standard account: 

a Prior year funding deficiency, if any· ................................... . ......................... .......... 9~ -+------1_4,_0_3_7_,_7_2_2_ 

b Employer's normal cost for plan year as of valuation date .. . ............................ ................ 9b 2,413,752 - ------------

00575 
Schedule MB (Form 5500) 2016 

c Amortizat!on charges as of valuation date: " (1) All bases except funding waivers and certain bases for which the 9c(1) amortization period has been extended ......................................... . 

(2) Funding waivers ............................................................................. . 

~ 

9c(2) 

(3) Certain bases for which the amortization period has been 9c(3) extended ........................... , ............... ,.... . .............. . 

Page 4 -·-·- Outstanding balance 

198,253,885 " 

0 

0 ··-

d Interest as applicable on lines 9a, 9b, and 9c......................... . .................. ....... 9d ········•·"'·····•"· ....... 

e Total charges. Add lines 9a through 9d ..... ..................,............. ,..................,.... 9e

Credits to funding standard account: 

-

38,917,176 ---· ·-· ---~ 

0 

0 - .•. 

4,152,649 

59,521,299 

f Prior year credit balance, If any..,.,.............................. , ... , .................... . ,,, ..,,,................................................ 91 0

g Employer contributions. Total from column (b) of line 3 ........................ . ·············...............................,.,,.,...... 9g 

Outstanding balance 

h Amortization credits as of valuation date .......... , ................................... . 9h 28,604,508 

Interest as applicable to end of plan year on lines 9f, 9g, and 9h .. .. ............, .................................,....... , 91 

j Full funding limitation (FFL) and credits: 

(1) ERISA FFL (accrued liability FFL).......................................................... 9J(1) 202,923,251 

(2) "RPA '94" override (90% current liability FFL) ..................... .................. 9)(2) 335,429, 005 

(3) FFL credit.................................................................... ........................................................................ 91(3) 

9,629,904 

3,657,194 

605,318 

0

>-----+------------- k (1) Waived funding deficiency..................................................................................................................... 9k(1) 0 

(2) Other credits ...................... ................. 9k(2) O 

f-....:..'---<f----------- Total credits. Add lines 9f through 91, 9)(3), 9k(1 ), and 9k(2)............................. 91 13, 892, 416 

f---f-------'---'--------- m Credit balance: If line 91 is greater than line 9e, enter the difference ......................... ,.................................... 9m f---jf----------- n Funding deficiency: If line 9e Is greater than line 91, enter the difference....................................................... 9n 4 5 , 6 2 8 , 8 8 3 '-----'-'------------

(1) 

(2) 

___ J~) 

10 

11 Has a change been made in the actuarlal assumptions for the current plan year? If "Yes," see instructions, .......... , ..... . [j<j Yes DNo 

90 Current year's accumulated reconciliation account: 

Due to waived funding deficiency accumulated prior to the 2016 plan year .. .................................... 9o(1) 0 

Due to amortization bases extended and amortized using the interest rate under section 6621 (b) of the Code: 

(a) Reconclllation outstanding balance as of valuation date ....................... ..................................... 9o(2)(a) 0 

(b) Reconciliation amount (line 9c(3) balance minus lfne 9o(2)(a)) .............. ...... , ............................. 9o(2)(b) 0 

Total as of valuation date ......................................................................................... , ........................ 9o(3) 0 

Contribution necessary to avoid an accumulated funding deficiency. (See instructions.) ........................... 10 45,628,883 

00576 
*

Segal_ Consulting 

November 29, 2016 

Internal Revenue Service 

Employee Plans Compliance Unit 

Group 7602 (TEGE:EP:EPCU) 

230 S. Dearborn Street 

Room 1700 -17th Floor 

Chicago, IL 60604 

To Whom It May Concern: • 

As required by ERISA Section 305 and the Internal Revenue Code (!RC) Section 432, we have completed the actuarial status 

certification as ofSeptember I, 2016for the following plan: 

Name ofPlan: Local 807 Labor-Management Pension Fund 

Plan number: EIN 51-6099111 I PN 002 

Plan sponsor: Board ofTrustees, Local 807 Labor-Management Pension Fund 

Address: 32-43 49th Street, Long Island City, New York 11103 

Phone number: 

As ofSeptember I, 2016, the Plan is in critical and declining status. 

This certification also notifies the IRS that the Plan is making the scheduled progress in meeting the requirements ofits 

rehabilitation plan, based on biformation received from the sponsor and based on the annual standards ofthe rehabilitation 

plan. 

Ifyou have any questions on the attached certification, you may contact me at the following: 

Segal Consulting 

333 West 34th Street 

New York, NY 10001 

·: 2 251.5000 

Nichola{ . accetti, MAAA, 

Senior Vice President andActuary 

Enrolled Actuary No. 14-02263 

• 

SchMBActrlCertification.pdf 

Page 1 of 1 
· · ates, assumptions and methods that (other than projected 

er the Pl . 

1cholas J. Laccetti, MAAA, FCA 

0 

0 

.... "' 00 

Actuarial lltatus Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

November 29, 2016 

Illustratio.n Supporting Actuarial Certification of Status (Schedule MB, line 4b) 

ACTUARIAL S1:ATUS CERTIFICATION AS OF SEPTEMBER 1, 2016 UNDER IRC SECTION 432 

This is to certify that Segal Consulting, a Member ofThe Segal Group, Inc. ("Segal") has prepared an actuarial status certification under 

Internal Revenue Code Section 432 for the Local 807 Labor-Management Pension Fund as of September 1, 2016 in accordance with 

gene,ally accepted actuarial principles and practices. It has been prepared at the request ofthe Board of Trustees to assist in administering 

the Fund and meeting filing and compliance requirements under federal law. This certification may not otherwise be copied or reproduced 

in any form without the consent ofthe Board of Trustees and may only be provided to other pru1ies in its entirety. 

The measurements shown in this actuarial certification may not be applicable for other purposes. Future actuarial measurements may 

differ significantly from the current measurements presented in this report due to such factors as the following: plan experience differing 

from that anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions; increases or 

decreases expected as part of the natural operation ofthe methodology used for these measurements; differences in statutory interpretation 

and changes in plan provisions or applicable law. 

This certification is based on the September I, 2015 actuarial valuation, dated May 20, 2016. This certification reflects the changes in the 

law made by the Multiemployer Pension Reform Act of2014 (MPRA). Additional assumptions required for the projections (including 

those under MPRA), and sources of financial information used are summarized in Exhibit VI. 

Segal Consulting does not practice law and, therefore, cannot and does not provide legal advice. Any statutory interpretations on which 

this certification is based reflect Segal's understanding as an actuarial firm. 

This certification was based on the assumption that the Plan was qualified as a multiemployer plan for the year. 

I am a member of the American Academy of Actuaries and I meet the Qualification Standards ofthe American Academy ofActuaries to 

render the,actuarial opinion herein. To the best of my knowledge, the information supplied in this actuarial certification is complete and 

accurate. As required by !RC Section 432(b)(3)(B)(iii), the projected industry activity is based on information provided by the plan 

sponsor. In addition, as allowed by IRC Section 432(b)(3)(B), in my opinion, the contributions used for Insolvency Projections are 

reasonable. In my opinion; tl:ie projections are based on reasonable actu 

industry) activity offer my best estimate of anticipated experience 

Senior Vice President and Actuary 

Enrolled Actuary No. 14-02263 

SchMBActrllllustration.pdf 

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Actm'irial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

Certificate Contents 

EXHIBIT I Status Determination as of September 1, 2016 

. EX;HIBIT II Summary of Actuarial Valuation Projections 

'EXHIBIT in Funding Standard Account Projection 

EXHIBIT IV Funding Standard Account- Projected Bases Assumed Established After September 1, 2015 

EXHIBITV Solvency Projection 

EXHIBIT VJ Actuarial Assumptions and Methodology 

' 

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*Seqal Consultin~ Page2of11 
Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

EXHIBIT I 

Status Determination as of September 1, 2016 

Status Condition 

Test 

Component 

Result 

Final 

Result 

Critical Status: 

Determination of critical status: 

Cl. A funding deficiency is projected in four years? ........................................................................................................................... . Yes Yes 

C2. (a) A funding deficiency is projected in five years, ..................................................................................................................... . Yes 

(b) AND the present value of vested benefits for non-actives is more than the present value of vested benefits for actives, ...... . Yes 

(c) AND the nonnal cost plus interest on the unfunded actuarial accrued liability (unit credit basis) is greater than the 

contributions for the current year? .......................................................................................................................................... . Yes Yes 

C3. (a) A funding deficiency is projected in five years, ..................................................................................................................... . Yes 

(b) ~ND the funded percentage is less than 65%? ....................................................................................................................... . Yes Yes 

C4. (a) The funded percentage is less than 65%, ............................................................................................................................... . Yes 

(b) AND the sum of assets plus the present value of contributions is less than the present value of benefit payments and 

No No administrative expenses over seven years?··········································································································:··················· 

•

• C5. The sum of assets plus the present value of contributions is less than the present value ofbenefit payments and administrative 

expenses over five years? .............................................................................................................................................................. . No No 

Yes In Critical Status?···-----------------------------------------

Determination of critical and declining status: 

C6. (a) Is in critical status ................................................................................................................................................................... . Yes 

(b) AND insolvency is projected within 15 years using assumptions described in Exhibit VI.B? ............................................... . No No 

C7. (a) Is in critical status_................................................................................................................................................................... Yes 

(b) AND the ratio of inactives to actives is at least 2 to 1, ............................................................................................................ Yes 

(c) AND insolvency is projected within 20 years using assumptions described in Exhibit VI.B? .............................................. . Yes Yes 

C8. (a) Is in critical status_ .................................................................................................................................................................. . Yes 

(b) AND the funded percentage is less than 80%, ....................................................................................................................... . Yes 

(c) AND insolvency is projected within20 years using assumptions described in Exhibit VI.B? ............................................... . Yes Yes 

In Critical and Declining Status? _____ Yes 

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Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 5!-6099111 / PN 002 

Test 

Component Final 

Status Condition Result Result 

Endangered Status: 

El. (a) ls not in critical status, ........................................................................................................................................................... . No 

(b) AND the funded percentage is less than 80%? ...................................................................................................................... . Yes No 

E2. (a) Is not in critical status •............................................................................................................................................................. No 

(b) AND a funding deficiency is projected in seven years? ........................................................................................................ . Yes No 

In Endangered Status?------------------------------------ No 

In Seriously Endangered Status? No 

Neither Critical Status Nor Endangered Status: 

Neither Critical No nor Endangered Status?···············---·····----------------------

, • 

.. 

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Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

Documentation Regarding Progress Under Rehabilitation Plan (Schedule MB, line 4c) 

This certification also notifies the IRS that the Plan is making the scheduled progress in meeting the requirements of its rehabilitation plan, 

based on information received from the sponsor and based on the annual standards ofthe rehabilitation plan. 

The Rehabilitation Plan's annual standard is that, based on reasonable assumptions, the funding deficiency for plan year ending August 

31,2017 is no less that -$57 million. Based on the assumptions in this certification, the projected deficiency is -$43,437,215 as shown in 

Exhibit III and therefore meets this standard. 

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Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

EXHIBIT II 

Summary of Actuarial Valuation Projections 

The actuarial factors as of September 1, 2016 (based on projections from the September 1, 2015 valuation certificate): 

I. Financial Information 

1. Market value of assets $151.975,903 

• 2. Actuarial value of assets 154,641,300 

3. Reasonably anticipated contributions including reasonably anticipated withdrawal liability payments 

a. Upcoming year 9,095,365 

b. Present value for the next five years 37,199,238 

c. Present value for the next seven years 48,467,857 

II. Liabilities 

I. Present value of vested benefits for active participants 54,860,719 

2. _ Present value of vested beqefi~s for non-active participants 252,761,492 

3. Total unit credit accrued liab;ility 308,103,964 

4. Present value of payments Benefit Payments Administrative Expenses Total 

a Next five years $1 13,4 I 9,209 $5,808,314 $119,227,523 

b. Next seven years 147,454,996 7,805,490 155,260,486 

5. Unit credit normal cost plus expenses 3,098,108 

6. Ratio of inactive participants to active participants 5.1597 

III. Funded Percentage (l.2)/(11.3) 50.1% 

IV. Funding Standard Account 

I. Credit Balance as of the end of prior year ($14,037,722) 

2. Years to projected funding deficiency 0 

V. Years to Projected Insolvency 17 

0 

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Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-609911 l / PN 002 

EXHIBIT Ill 

Funding Standard Account Projection 

The table below presents the Funding Standard Account Projection for the Plan Years beginning September I. 

Year Beginning September 1, 

2015 2016 2017 2018 2019 2020 

I. Credit balance (BOY) $9,578,700 ($14,037,722) ($43,437,215) ($75,146,251) ($109,387,614) ($ I 46,708,803) 

2. Interest on (I) 718.403 (1,052,829) (3,257,791) (5,635,969) (8,204,071) (I I,003,160) 

3. Normal cost 1,131,698 1,120,381 1,109,177 1,098,085 1,087,104 1,076,233 

4. Administrative expenses 1,226.285 1,263,074 1,300,966 1,339,995 1,380,195 1,421,601 

5. Net amortization charges 32,925,444 32,737,179 32,649,281 32,694,071 33,070,206 13,955,076 

6. Interest on (3), (4) and (5) 2,646,256 2,634,048 2,629,457 2,634,911 2,665,313 1,233,968 

7. Expected contributions 13,143,067 9,095,365 8,930,645 8,857,202 8,783,758 8,710,314 

8. Interest on (7) 451,793 312,653 306,991 304,466 301,942 299,417 

9. Full-funding limit credit Q Q Q Q Q Q 

10. Credit balance (EOY): (I)+ (2)- (3)- (4) 

- (5) -(6) + (7) + (8) + (9) ($14,037,722) ($43,437,215) ($75,146,251) ($109,387,614) ($146,708,803) ($]66,389,110) 

2021 2022 2023 2024 2025 

I. Credit balance (BOY) ($166,389,110) ($181,413,836) ($] 97,612,642) ($215,074,996) ($227,037,245) 

2. Interest on (I) (12,479,183) (13,606,038) (14,820,948) (16,130,625) (17,027,793) 

3. Nonnal cost 1,076,233 1,076,233 1,076,233 1,076,233 1,076,233 

4. Administrative expenses 1,464.249 1.508,176 1,553,421 1,600,024 1,648,025 

5. Net amortization charges 8,208,610 8,208,613 8,208,613 1,775,704 990,667 

6. Interest on (3), (4) and (5) 806,182 809,477 812,870 333,897 278,619 

7. Expected contributions 8,710,314 8,710,314 8,710,314 8,656,661 8,236,456 

8. Interest on (7) 299,417 299,417 299,417 297,573 283,128 

9. Full-funding limit credit Q Q Q Q Q 

10. Credit balance (EOY): (I)+ (2)-(3)-(4) 

- (5) - (6) + (7) + (8) + (9) ($181,413,836) ($197,612,642) ($215,074,996) ($227,037,245) ($239,538,998) 

0 

0 

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00 7 ,._ SchMBAclrllllustration.pdf -:X:- ~"n"I r.rtn5':1 iltinn Page 7 of 11 
Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

EXHIBIT IV 

Funding Standard Account - Projected Bases Assumed Established After September 1, 2015 

Schedule of Funding Standard Account Bases 

Base Amortization Amortization 

Type of Base Date Established Established Period Payment 

Actuarial gain 9/1/2016 ($1,786,461) 15 ($188,263) 

Actuarial gain 9/1/2017 (834,102) 15 (87,900) 

Actuarial loss 9/1/2018 425,055 15 44,794 

Actuarial loss 9/1/2019 3,569,193 15 376,134 

Actuarial loss 9/1/2020 21,958 15 2,314 

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*Seqal Consultinq 
Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

EXHIBITV 

Solvency Projection 

The table below presents the projected Market Value of Assets for the Plan Years beginning September I, 2015 through 2032. 

Year Beginning September 1, 

2015 2016 2017 2018 2019 2020 2021 2022 2023 

I. Market Vah,1e at beginning of 

year $157.444,721 $151,975,903 $ I 42,701,444 $133,463,661 $124,491,293 $115,588,880 $106,727,348 $97,792,784 $88,839,468 

2. Contributions 8,399,235 7,753,551 8.256-557 8,748,539 9,229,495 9,699,426 10,259,339 10,819,251 11,379,164 

3. Withdrawal liability payments 4,743,832 1,341,814 1,250,538 1,250.538 1,250,538 1,250,538 1,250.538 1,250,538 1,250,538 

4. Benefit payments 28,153,461 27,601.553 27,267,992 26.795,862 26,518,520 26,261,955 26,205,960 26,091,218 25,842,363 

5. Administrative expenses 1,204,147 1,313.250 1,352,648 1,393,227 1,435.024 1,478,075 1,522,417 1,568,090 1,615,133 

6. Interest earnings 10.745.723 10.544.979 9 875 762 9.217 644 8 571 098 7.928 534 7.283 936 6 636.203 5.992.465 

7. Market Value at end of year: 

( 1 )+(2)+(3)-(4)-(5)+(6) $151,975,903 $142,701,444 $133,463,661 $124,491.293 $115,588,880 $106,727,348 $97,792,784 $88,839,468 $80,004,139 

2024 2025 2026 2027 2028 2029 2030 2031 2032 

1. Market Value a:t beginning of 

year $80,004,139 $71,158,578 $61,868,019 $52,567,318 $43,170,057 $33,763,822 $24,427,886 $15,112,315 $5,916,754 

2. Contributions 11,939,076 12,498,989 13,058,901 13,618,814 14,178,726 14,738,639 15,298,551 15,858,464 16,418,376 

3. Withdrawal liability payments 1,196.885 776,680 776,680 776,680 776,680 776,680 774,121 754,487 693,677 

4. Benefit payments 25,670,491 25,549,881 25,395,513 25,321,926 25,155,635 24,910,894 24,714,986 24,406,093 24,104,285 

5. Administrative expenses 1,663,587 1,713,495 1,764,900 1,817,847 1,872,382 1,928,553 1,986,410 2,046,002 2,107,382 

6. Interest earnings 5.352 556 4.697.148 4024 131 3.347 018 2.666.376 1.988.192 1.313.152 643.583 {18 749) 

7. Market Value at end of year. 

( 1 )+(2)~(3)-( 4)-(5)+(6) $71,15_8,578 $61,868,019 $52,567,318 $43,170,057 $33,763,822 $24,427,886 $15,112,315 $5,916,754 ($3,201,609) 

Q 

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Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

EXHIBIT VI 

Actuarial Assumptions and Methodology ;; 

The actuarial assumptions and plan ofbenefits are as used in the September I, 2015 actuarial valuation certificate, dated May 20, 2016, 

2015, except as specifically described below. We also assumed that experience would emerge as projected, except as described below. The 

calculations are based on a cmTent understanding of the requirements ofERISA Section 305 and !RC Section 432. 

A. Actuarial Assumptions and Plan provisions Except as Modified by Section B. 

Asset Information: 

Projected Industry Activity: 

The financial information as of August 31, 2016 was based on an unaudited financial statement 

provided by the Fund Auditor. 

For projections after that date, the assumed administrative expenses were increased by 3% per 

year and the benefit payments were projected based on the September 1, 2015 actuarial valuation. 

The projected net investment return was assumed to be 7.5% of the average market value of 

assets for the 2016-2032 Plan Years. Any resulting investment gains or losses, due to the 

operation ofthe asset valuation method are amortized over 15 years in the Funding Standard 

Account. 

As required by Internal Revenue Code Section 432, assumptions with respect to projected 

industry activity are based on information provided by the plan sponsor. Based on this 

information, the number ofactive participants is assumed to decrease I% annually for 5 years 

then remain level and, on the average, contributions will be made for each active for l,750 hours 

each year. 

In addition to projections of industry activity directly linked to the level of ongoing employment, 

these determinations also project the following contribution amounts derived from withdrawal 

liability assessments, based on information from the Trustees: 

t 

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"' C 

C 

Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN 51-6099111 / PN 002 

Plan Year ending August 31: Amount 

2017 $1,341,814 

2018-2024 1,250,538 

2025 I, 196,885 

2026 - 2030 776,680 

2031 774,121 

2032 754,487 

2033 693,677 

2034 511,248 

2035 329,395 

Future Normal Costs: Based on the assumed industry activity and the assumption that replacement employees will have 

the same entry age as employees leaving the work force, the Entry Age Normal Cost method used 

in the valuation results in level Normal Costs per active. Therefore, we have assumed that the 

normal cost in future years will be the same as in the 2015 Plan Year adjusted in accordance with 

industry activity. 

B. Assumptions for Solvency Projection 

Assumptions for this purpose are the same as shown in Section A with the following exceptions: 

In accordance with the current rehabilitation plan, employers are assumed to agree to annual 

$0.45 contribution rate increases upon the conclusion oftheir current CBA. 

Technical Issues 

Segal Consulting ("Segal") does not practice law and, therefore, cannot and does not provide legal advice. 

Any statutory interpretation on which the certification is based reflects Segal's understanding as an actuarial firm .. Due to the complexity 

ofthe statute and the significance of its ramifications, Segal recommends that the Board ofTrustees consult with legal counsel when 

making any decisions regarding compliance with ERJSA and the Internal Revenue Code 

• 8466016vl/01544.001 

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a, 

Actuarial Status Certification as of September 1, 2016 under IRC Section 432 for the Local 807 Labor-Management Pension Fund 

EIN51-60991 l l / PN 002 

Documentation Regarding Progress Under Rehabilitation Plan (Schedule MB, line 4c) 

This certification also notifies the IRS that the Plan is making the scheduled progress in meeting the requirements of its rehabilitation plan, 

based on information received from the sponsor and based on the annual standards ofthe rehabilitation plan. 

The Rehabilitation Plan's annual standard is that, based on reasonable assumptions, the funding deficiency for plan year ending August 

31, 2017 is no less that -$57 million. Based on the assumptions in this certification, the projected deficiency is -$43,437,215 as shown in 

Exhibit Ill and therefore meets this standard . 

• 

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IEXl·UBrr 8 - STATIEMENT OF ACTUARIAL ASSUMPTIONS/METHODS 

(SCHEDULE MB, LINE 6) 

Mortality Rates Healthy: RP-2014 Blue Collar Employee and Annuitant Mortality Tables (adjusted back to 2006) with 

generational Scale MP-2016 from 2006 

Disabled: RP-2014 Disabled Annuitant Mortality Table (adjusted back to 2006) with generational Scale MP-2016 

from 2006 

The above mortality tables reasonably reflects the mortality experience of the Plan as of the measurement date. These 

mortality tables were then adjusted to future years using generational projection under Scale MP-2016 to anticipate 

future mortality improvement. 

The mortality rates were based on historical and current demographic data, adjusted to reflect estimated future 

experience and professional judgment. As part of the analysis, a comparison was made between the actual number of 

and the projected number based on the prior year's assumption over the most recent years. 

Section 4: Certificate of ActuariaR VaRuatio11 as of September 1, 2016 for the local 807 LaborManagement Pension Fm1cl 

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60 
EIN 51-60991 11/PN 002 

C) 

u, 

0 

0 

Termination Rates 

Rate(%) 

: - - --- -- -M-;rtality' ----,-- ----

Age Male Female less than 

2 years 

2-4 

Years 

5-9 

Years 

10 Years 

or More 

· 

20 

25 

30 

0.07 

0.07 

0.06 

------ -

-- ---· 

0.02 

0.02 

0.02 

17.99 

21.74 

18.61 

14.19 

17.14 

13.58 

0.00 

12.96 

8.39j• 

.. , 

0.00 

, 

a.a-· 

-· 4.84 '. 35 -- ---- -

40 

0.07 

0.10 

0.03 

0.05 

16.78 

15.91 

11.02 

10.35 

7.15 

6.01 

5.02 

4.15 

45 0.16 0.09 15.48 9.47 5.82 3.73 

50 

. 55 

60 

0.26 

0.38 

- ----·· -

0.64 

0.13 

--

0.19 

0.31 

15.60 

13.52 

13.63 

8.90 

7.82 

7.84 

5.32 

2.59 

2.12 

3.49 

0.88. 

0.20. 

1 Mortality rates are shown from the base table and do not reflect any mortality projection. 

2 Withdrawal rates cut out at early retirement age. 

The termination rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior year's assumption over the most recent years. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund --X- Segal Consulting 

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61 
Retirement Rates 

Description of 

Weighted Average 

Retirement Age 

"' 0, 

EIN 0 51-6099111/PN 002 "' 0 

I Annual 

1 Retirement 

Age• j Rates 

55-61 2% 

62-63 6 

64 12 

65 15 

66 16 

67 7 

68 16 

69 19 

70 100 

• if eligible 

The retirement rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior years' assumption over the most recent years. 

Age 67, determined as follows: The weighted average retirement age for each participant is calculated as the sum of. 

the product of each potential past or future retirement age times the probability of surviving from entry age to that age 

and then retiring at that age, assuming no other decrements. The overall weighted retirement age is the average of the 

individual retirement ages based on all the active participants included in the September 1, 2016 actuarial valuation. 

•• > • .. , •'. 

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Retirement Rates for 

Inactive Vested 

Participants 

Future Benefit 

Accruals 

Unknown Data for 

Participants 

Definition of Active 

Participants 

Exclusion of Inactive 

Vested Participants 

Percent Married 

Age of Spouse 

1 Annual ' I Annual 

! Retirement Retirement 

Age* I Rates Age* l Rates 

55 28% 63 12% 

56-57 4 64 3 

58 2 65 52 

59 10 66 29 

60 9 67 12 

61 2 68 6 

62 20 69 13 

70 100 

• if eligible 

The retirement rates for inactive vested participants were based on historical and current demographic data, adjusted to 

reflect estimated future experience and professional judgment. As part of the analysis, a comparison was made 

between the actual number of retirements by age and the projected number based on the prior years' assumption over 

the most recent years. 

Employees are assumed to work 1,850 hours per year. 

The future benefit accruals were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the assumed and the actual benefit 

accruals over the most recent years. 

Same as those exhibited by participants with similar known characteristics. If not specified, participants are assumed to 

be male. · 

Active participants are defined as those with at least 250 hours in the most recent credit year and who have 

accumulated at least one pension credit, excluding those who have retired as of the valuation date. 

None 

50% 

Females three years younger than males. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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63 
- --- --- -------------

--- ---------------- ---

----- - ------------------

..,. 

en 

EIN 51-6099111/PN 002 "' 0 

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Benefit Election 60% of participants assumed to elect the Single Life Annuity 40% assumed to elect 50% Joint and Survivor Annuity. 

The benefit elections were based on historical and current demographic data, adjusted to reflect the plan design, 

estimated future experience and professional judgment. As part of the analysis, a comparison was made between the 

assumed and the actual option election patterns over the past several years. - --- ----- ----~---- ·-------- . - -- ---~- -- ---- --

Delayed Retirement Inactive vested participants who are assumed to commence receipt of benefits after attaining normal retirement age 

qualify for delayed retirement increases. · 

Net Investment Return 7.50% 

The net investment return assumption is a long-term estimate derived from historical data, current and recent market 

expectations, and professional judgment. As part of the analysis, a building block approach was used that reflects 

inflation expectations and anticipated risk premiums for each of the portfolio's asset classes as provided by Segal 

Marco Consulting, as well as the Plan's target asset allocation. 

Annual Administrative $1,275,000, payable monthly, for the year beginning September 1, 2016 (equivalent to $1,226,285 payable at the 

Expenses beginning of the year) 

The annual administrative expenses were based on historical and current data, adjusted to reflect estimated future 

experience and professional judgment. ----------- ---- ----------- ---------- ---·---------------------·- -------·----- -

Actuarial Value of The market value of assets less unrecognized returns in each of the last five years. Unrecognized return is equal to the 

Assets difference between the actual market return and the projected market return, and is recognized over a five-year period. 

The actuarial value is further adjusted, if necessary, to be within 20% of the market value. 

Actuarial Cost Method Entry Age Normal Actuarial Cost Method. Entry Age is the age al date of employment or, if date is unknown, current· 

age minus pension credits. Normal Cost and Actuarial Accrued Liability are calculated on an individual basis and are 

allocated by service, with Normal Cost determined as if the current benefit accrual rate had always been in effect. 

Benefits Valued Unless otherwise indicated, includes all benefits summarized in Exhibit 9. 

Current Liability Interest: 3.11%, within the permissible range prescribed under IRC Section 431(c)(6)(E) 

Assumptions Mortality: Mortality prescribed under IRS Regulations 1.431 (c)(6)-1 and 1.430(h)(3)-1: RP-2000 tables projected forwar\'J 

to the valuation year plus seven years for annuitants and 15 years for nonannuitants 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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Justification for For purposes of determining current liability, the current liability interest rate was changed from 3.57% to 3.31% due to 

Change in Actuarial a change in the permissible range and recognizing that any rate within the permissible range satisfies the requirements 

Assumptions of IRC Section 413(c)(6)(E) and the mortality tables were changed in accordance with IRS Regulations 1.431 (c)(t,)~1 

(Schedule MB, line 11) and 1.430(h}(3)-1. 

Based on past experience and future expectations, the following actuarial assumptions were changed: 

 Mortality rates for healthy participants, previously 1.35 times the RP-2014 Blue Collar Mortality Tables with c 

generational projection using Scale MP 2014 from 2014 

 Mortality rates for disabled participants previously RP-2014 Disabled Retiree Mortality Table with generational 

projection using Scale MP 2014 from 2014 

 Retirement rates for active participants previously: 

Annual 

Retirement 

Age• 1

' Rates 

55-61 3% 

62 15 

63-64 10 

65-66 20 - 67-68 10 

69 25 

70 100 

* if eligible 

 Retirement rates for inactive vested participants previously: 

Annual I Retirement 

Age* i Rates 

55 25% 

55 -61 5 

62 25 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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Estimated Rate of 

Investment Return 

FSA Contribution 

Timing (Schedule MB, 

line 3a) 

-----~.--·--------- --------

63 - 64 10 

65 50 

66 25 

67-69 10 

70 100 

• if eligible 

 Benefit election, previously all participants assumed to elect Single Life Annuity 

 Active employment, previously assumed average annual hours per active of 1,750 per year 

 Exclusion of inactive vested participants, previously those over age 70 excluded from valuation 

On actuarial value of assets (Schedule MB, line 6g): 8.5%, for the Plan Year ending August 31, 2016 

On current (market) value of assets (Schedule MB, line 6h): 7.2%, for the Plan Year ending August 31, 2016 - -- --·- -----

Unless otherwise noted, contributions are paid periodically throughout the year pursuant to collective bargaining 

agreements. The interest credited in the Funding Standard Account is therefore assumed to be equivalent to a March 

15 contribution date. 

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66 
- ---------------- -

l'­

C> 

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0 

EXHIBIT 9 - SUMMARY OF PLAN PROVISIONS 

(SCHEDULE MB, LINE 6) 

This exhibit summarizes the major provisions ofthe Plan included in the valuation. It is not intended to be, nor should it be interpreted as, a 

complete statement of all plan provisions. 

Plan Year 

Pension Credit Year ----~ -

Plan Status 

Regular Pension 

Early Retirement 

Vesting 

September 1 through August 31 

February 1 through January 31 

Ongoing plan 

• Age Requirement: 65 

• Service Requirement: 15 pension credits 

Amount: The total accrued benefit is the sum of each year's accrual based on 

1. The highest contribution rate prior to February 1, 201 Ofor service earned prior to February 1, 2010. 

2. The highest contribution rate that was made for at least 250 hours during the pension credit year for service on or 

after February 1, 2010 

3. For service after February 1, 2012, the accrual rate is lesser of: 

(a) 1 % of product of number of hours for which contributions are due on behalf of the participant in credit year and 

the contribution rate in effect on September 1, 2011, or 

(b) Accrual rate under the Plan as of September 1, 2011. 

The accrual rate effective May 1, 2001 for contribution rates $4.315 or more per hour, $165 for each pension credit less 

than 25 plus $20.49 for each pension credit greater than 25. Lower benefit levels have been established for employees 

at lower contribution levels. 

Delayed Retirement Amount: Regular pension accrued at Normal Retirement Age (NRA), increased by 1.0% for each 

month greater than NRA, and 1.5% for each month greater than age 70. 

• Age Requirement: 55 

• Service Requirement: 15 pension credits 

• Amount: Regular pension accrued, actuarially, reduced from age 65 

• Age Requirement: None 

• Service Requirement: Five pension credits or 5 years of vesting service 

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-- ----- ----- ---- -------

co 

"' 0 EIN 51-6099·1 11IPN 002 0 "' 

Spouse's PreRetirement Death 

Benefit 

Optional Forms of 

Benefits 

Participation 

Pension Credit 

Vesting Credit 

Contribution Rate 

Changes in Plan 

Provisions 

8587708v1/01544.001 

• Amount: Regular or early pension accrued based on plan in effect and contribution rate when last active 

• Normal Retirement Age: Later of age 65 or the participant's 5th anniversary of participation. 

• Age Requirement: None 

• Service Requirement: 5 pension credits or 5 years of vesting service 

• Amount: 50% ofthe benefit employee would have received had he or she retired the day before he or she died and 

elected the joint and survivor option. Ifthe employee died prior to eligibility for an early retirement pension, the 

spouse's benefit is deferred to the date employee would have first been eligible to retire. 

• Charge for Coverage: None 

50% Joint-and-Survivor 

75% Joint-and-Survivor 

Single Life Annuity 

Earliest of February 1 or August 1 after completion of 1,000 hours during a 12 consecutive month period. 

Hours Worked I 

Per Year \ Pension Credit 

Under250 0 

250 -499 1/4 

500 - 749 1/2 

750 - 999 3/4 

1,000 and over 1 

One year of vesting service for at least 1,000 hours. 

Rates as of September 1, 2016 vary from $3.1500 to $10.0150, with an average rate of $6.3560. 

None 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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- ----- ---- -- - -

"' "' E)N 0 51-6099111/PN 002 "' 0 

' EXHIBIT 6 - SCHEDULE OF ACTIVE PARTICIPANT DATA ...,. 

(SCHEDULE MB, LINE 8b(2)) 

The participant data is for the year ended January 31, 2016. 

Pension Credits ,-----~---T- ·-- -

I ; I I I 40 & 

A e Total 1-4 1 5-9 i 10-14 i 15-19 l 20-24 25-29 30-34 35-39 over 

Under 25 1 1 

25-29 10 8 2 

30-34 33 15 7 11 

35- 39 40 11 12 10 7 

40-44 77 16 11 21 23 6 

45-49 100 13 13 24 32 9 8 1 

50-54 135 14 19 26 33 25 15 3 

55-59 111 4 10 24 19 22 18 11 3 --- ------·· 

60 -64 83 - 12 18 17 11 9 10 5 1 

65 -69 34 2 1 3 15 2 7 - 3 1 

70 & over 22 1 1 3 2 4 2 5 3 1 

Unknown 68 63 5 

:v~~ ! ~""i ~-" l~.& ~ 1-t:-~!' 1~:& ?;~ ~. W.L % -~-

Note: Excludes 77 participants with less than one pension credit. 

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-------

0 

0 

EIN 0 51-60991°11/PN 002 '° 0 

EXHIBIT 5 - SCHEDULE OF PROJECTION OF EXPECTED BENEFIT PAYMENTS 

(SCHEDULE MB, LINE 8b(1 )) 

,, 

Plan Expected Annual 

Year Benefit Pa ments1 

2016 $28,988,922 

2017 28,659,029 

2018 28,163,180 

2019 27,835,721 

2020 27,502,871 

2021 27,347,531 

2022 27,154,764 

2023 26,856,066 

2024 26,587,039 

2025 26,370,653 

1 Assuming as of the valuation date: 

• no additional accruals, 

o experience is in line with valuation assumptions, and 

• no new entrants are covered by the plan. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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55 
- ------

EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases (Charges) (Schedule MB, Line 9c) 

Date ' Amortization I Years 

T e of Base ! Established Amount Remainin 

Plan amendment 09/01/2009 $536,226 8 

Actuarial loss 09/01/2009 5,896,683 8 

Combined and offset base 09/01/2009 24,863,907 4.22 -

Plan amendment 09/01/2010 41,992 9 

Actuarial loss 09/01/2010 795,557 9 

Actuarial loss 09/01/2011 183,304 10 

Actuarial loss 09/01/2012 2,436,343 11 

Actuarial loss 09/01/2013 1,094,535 12 ·---··· ,- - . --- -

Assumption changes 09/01/2014 734,088 13 

Actuarial loss 09/01/2016 8,503 15 

Assumption changes 09/01/2016 2,326,038 15 

--::,.. .. _- '.~-;- ,.".~ ,-.-,:;_ 1 l,£,\=::..t ~~-~... -·,f-,,_ t Z,-?,' 

0 

<D 

EIN 51-60991 0 r 1/PN 002 0 

i Outstanding 

Balance 

$3,376,404 

37,129,060 

93,826,092 

287,955 

5,455,379 

1,352,583 

19,159,600 

9,101,523 

6,412,464 

80,690 

22,072,135 

· r:::r.r.0-;-;.,.:.~G"-·~1=-2- · ~:i '.tr~.l&Z'...~~\!.$ ·" :· . .. , 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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N 

0 

0 

0 EIN 51-6099·, ,1/PN 002 "' 

EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases (Credits) (Schedule MB, Line 9h) 

I Date Amortization i Years I Outstanding 

T e of Base , Established Amount I Remaining I Balance 

Assumption changes 09/01/2010 $52,513 9 $360,100 

Plan amendment 09/01/2011 2,564,596 10 18,923,866 

Actuarial gain 09/01/2014 438,111 13 3,827,020 

Actuarial gain 09/01/2015 601,974 14 5,493,522 

Ytii.€C S:1·aie.i.:i•i- .-~:.:· .,.,;~? 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 Labor­ 59 :'f 

Management Pension Fund 

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v 
"' 0 

EIN 51-6099·, 11/PN 002 0 "' 0 

Justification for For purposes of determining current liability, the current liability interest rate was changed from 3.57% to 3.31 % due to 

Change in Actuarial a change in the permissible range and recognizing that any rate within the permissible range satisfies the requirements 

Assumptions of IRC Section 413(c)(6)(E) and the mortality tables were changed in accordance with IRS Regulations 1.431(c)(6)-1 

(Schedule MB, line 11) and 1.430(h)(3)-1. 

Based on past experience and future expectations, the following actuarial assumptions were changed: 

 Mortality rates for healthy participants, previously 1.35 times the RP-2014 Blue Collar Mortality Tables with 

generational projection using Scale MP 2014 from 2014 

 Mortality rates for disabled participants previously RP-2014 Disabled Retiree Mortality Table with generational 

projection using Scale MP 2014 from 2014 

 Retirement rates for active participants previously: 

Annual 

Retirement 

Age* Rates 

55-61 3% 

62 15 

63-64 10 

65-66 20 

67-68 10 

69 25 

70 100 

* if eligible 

 Retirement rates for inactive vested participants previously: 

I Annual I Retirement 

Age* I Rates 

55 25% 

55-61 5 

62 25 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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65 
.,,. 

0 

0 

0 EIN 51-6099111/PN 002 "' 

·-· ----··-- ------~--- - ---- -----

Estimated Rate of 

Investment Return 

FSA Contribution 

Timing (Schedule MB, 

line 3a) 

63-64 10 

65 50 

66 25 

67-69 10 

70 100 

• if eligible 

 Benefit election, previously all participants assumed to elect Single Life Annuity 

 Active employment, previously assumed average annual hours per active of 1,750 per year 

 Exclusion of inactive vested participants, previously those over age 70 excluded from valuation 

On actuarial value of assets (Schedule MB, line 6g): 8.5%, for the Plan Year ending August 31, 2016 

On current (market) value of assets (Schedule MB, line 6h): 7.2%, for the Plan Year ending August 31, 2016 

Unless otherwise noted, contributions are paid periodically throughout the year pursuant to collective bargaining 

agreements. The interest credited in the Funding Standard Account is therefore assumed to be equivalent to a March 

15 contribution date. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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66 
Schultheis & Panettieri LLP --- Accountants and Consultants --

Please Reply to: 

210 Marcus Boulevard 

Hauppauge, NY 11788-3740 

Telephone: (631) 273-4778 

Fax: (631) 273-3488 

21 Vernon Street 

Floral Park, NY 11001 

Telephone: (516)216-5695 

485A US Route l South 

Suite 360 

lselin, NJ 08830 

Telephone: (732) 268-1301 

http://www.snpcpa.com 

PARTNERS 

Carol Westfall, CPA 

Vincent F. Panettieri, CPA 

Max Capone, CPA 

James M. Heinzman, CPA 

Donna Panettieri, CPA 

Peter M. Murray, CPA 

Sharon M. Haddad, CPA 

Gary Waldren, CPA 

AlexanderCampo, CPA.CITP 

Jennifer Evans, CPA 

Richard B. Silvestro, CPA 

DIRECTORS 

Stephen Bowen 

Anthony Sgroi 

William R. Shannon 

William Austin 

Kimberly Lessuk 

Michael Fox 

Viorel Kuzma 

Independent Auditor's Report 

Board of Trustees 

Local 807 Labor-Management Pension Fund 

Report on the Financial Statements 

We have audited the accompanying financial statements of 

the Local 807 Labor-Management Pension Fund (the "Plan") which comprise the 

statements of net assets available for benefits as of August 31, 2017 and 2016, and 

the related statements of changes in net assets available for benefits for the years 

ended August 31, 2017 and 2016, and the related notes to the financial statements. 

Management's Responsibility for the Financial Statements 

Management is responsible for the preparation and fair presentation of these 

financial statements in accordance with accounting principles generally accepted in 

the United States of America; this includes the design, implementation, and 

maintenance of internal control relevant to the preparation and fair presentation of 

financial statements that are free from material misstatement, whether due to fraud 

or error. 

Auditor's Responsibility 

Our responsibility is to express an opinion on these financial statements based on 

our audits. We conducted our audits in accordance with auditing standards 

generally accepted in the United States of America. Those standards require that 

we plan and perform the audit to obtain reasonable assurance about whether the 

financial statements are free of material misstatement. 

An audit involves performing procedures to obtain audit evidence about the 

amounts and disclosures in the financial statements. The procedures selected 

depend on the auditor's judgment, including the assessment of the risks of material 

misstatement of the financial statements, whether due to fraud or error. In making 

those risk assessments, the auditor considers internal control relevant to the entity's 

preparation and fair presentation of the financial statements in order to design audit 

procedures that are appropriate in the circumstances, but not for the purpose of 

expressing an opinion on the effectiveness of the entity's internal control. 

Accordingly, we express no such opinion. An audit also includes evaluating the 

appropriateness of accounting policies used and the reasonableness of significant 

accounting estimates made by management, as well as evaluating the overall 

presentation of the financial statements. 

We believe that the audit evidence we have obtained is sufficient and appropriate to 

provide a basis for our audit opinion. 

00605 

1 
Opinion 

In our opinion, the financial statements referred to above present fairly, in all 

material respects, the net assets available for benefits of the Plan as of August 31, 

2017, and the changes therein for the year ended August 31, 2017 and its financial 

status as of August 31, 2016, and its changes therein for the year ended August 31, 

2016 in accordance with accounting principles generally accepted in the United 

States of America. 

Report on Supplemental information 

Our audits were conducted for the purpose of forming an opinion on the financial 

statements as a whole. The supplemental information on pages 19 through 34 is 

presented for purposes of additional analysis and is not a required part of the 

financial statements. The supplemental information on pages 19 through 32 is 

required by the Department of Labor's Rules and Regulations for Reporting and 

Disclosure under the Employee Retirement Income Security Act of 1974. Such 

information is the responsibility of management and was derived from and relates 

directly to the underlying accounting and other records used to prepare the financial 

statements. The information has been subjected to the auditing procedures applied 

in the audits of the financial statements and certain additional procedures, including 

comparing and reconciling such information directly to the underlying accounting 

and other records used to prepare the financial statements or to the financial 

statements themselves, and other additional procedures in accordance with auditing 

standards generally accepted in the United States of America. In our opinion, the 

information is fairly stated in all material respects in relation to the financial 

statements as a whole. 

J~,_ a.P 

Hauppauge, New York 

March 1, 2018 

< 

2 . 

00606 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS 

AUGUST 31, 2017 AND 2016 

2017 2016 

Assets 

Investments at fair value 

Interest bearing cash 

U.S. government securities 

Corporate debt instruments 

Corporate stock 

Partnership/joint venture interests 

Real estate 

Common/collective trust funds 

Pooled separate accounts 

Registered investment companies 

Total investments 

Receivables 

Employers' contributions 

Employers' withdrawal liability 

Accrued interest/dividends 

Net trades pending settlement 

Cash 

Other assets 

$ 4,917,984 

23,216,098 

19,180,576 

16,977,293 

12,321,954 

1,485,000 

32,655,117 

15,045,248 

17,000,341 

142,799,611 

781,200 

11,876,742 

201,455 

3,342,465 

168,682 

$ 3,107,638 

29,413,264 

14,215,361 

28,774,424 

10,642,432 

1,485,000 

32,953,583 

11,799,245 

15,455,755 

147,846,702 

779,000 

12,156,302 

177,996 

44,938 

3,236,874 

166 038 

Total assets 159,170,155 164,407,850 

Liabilities 

Accounts payable 

Related organizations 

Net trades pending settlement 

98,406 

75,574 

160,250 

107,278 

168,367 

Total liabilities 334 230 275 645 

Net assets available for benefits $ 158,835,925 $ 164,132,205 

See Notes to Financial Statements 

00607 

3 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

2017 2016 

Additions to net assets attributed to: 

Investment income 

Net appreciation in fair value of investments $ 11,378,249 $ 7,040,399 

Interest/dividends 3,257,626 3,959,184 

Rent - net of related expenses 139 677 148612 

Total investment income 14,775,552 11,148,195 

Less investment expenses (398,853) (402,472) 

Net investment income 14,376,699 10,745,723 

Contributions 

Employers' 8,443,862 8,399,235 

Employers' withdrawal liability 906 482 5 018 461 

Total additions 23,727.043 24,163.419 

Deductions from net assets attributed to: 

Benefits paid directly to participants or beneficiaries 27,708,903 28,153,461 

Administrative expenses 1 314 420 1 204 147 

Total deductions 29,023,323 29,357,608 

Net decrease (5,296,280) (5,194,189) 

Net assets available for benefits 

Beginning of year 164, 132,205 169,326.394 

$ 158,835,925 $ 164,132.205 End of year 

See Notes to Financial Statements 

00608 

4 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 1 - Description of Plan and Significant Accounting Policies 

The following description of the Local 807 Labor-Management Pension Fund (the "Plan") provides only 

general information. Participants should refer to the plan document for a more complete description of 

the Plan's provisions. 

General 

The Plan first became effective December 1, 1950 and is a defined benefit pension plan established 

under an Agreement and Declaration of Trust pursuant to collective bargaining agreements between the 

Truck Drivers Local Union No. 807 International Brotherhood of Teamsters (the "Union") and various 

employers and employer associations in the transportation industry in the New York Metropolitan Area. 

It is subject to the provisions of the Employee Retirement Income Security Act of 197 4 ("ERISA"). 

Management has evaluated subsequent events through the date of the auditor's report, the date the 

financial statements were available to be issued. 

Purpose 

The purpose of the Plan is to provide retirement and death benefits to eligible participants. 

Participation 

A participant is a pensioner, beneficiary or individual employed by an employer subject to a collective 

bargaining agreement or participation agreement, employees of Local 807 Labor-Management Health 

Fund (the "Health Fund") and certain employees of the Union. 

Benefits 

In general, participants with five or more years vesting service are entitled to monthly pension benefits 

beginning at normal retirem~nt age 65. The Plan permits early retirement at ages 55-64 and other forms 

of retirement based on age and years of credited service (pension credits). · 

Pension credits are based on hours worked in covered employment. A participant may accumulate up 

to a maximum of 1 credit per year for every 250 hours worked. 

Monthly pension benefits are based on employer contribution rates. 

Death benefit 

Participants whose annuity start date is before September 1, 2011 and are receiving a pension are 

eligible to receive a lump sum death benefit payment equal to $1,000. 

00609 

5 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 1 - Description of Plan and Significant Accounting Policies (cont'd) 

Plan termination 

The Trustees expect and intend to continue the Plan indefinitely, but reserve the right to amend or 

terminate it as provided for by the applicable Trust Agreement and Plan provisions. If the Plan is 

terminated, Plan assets will be allocated to provide benefits to those eligible under the terms of the Plan 

· in the order of priority specified in the Plan and as otherwise required· by law. The priority of benefits 

depends on a participant's status as retired or active, vested or unvested, and age at the time of Plan 

termination. Certain benefits are insured by the Pension Benefit Guaranty Corporation ("PBGC"). 

Whether all participants receive their benefits on Plan termination would depend on the sufficiency of the 

Plan's net assets to provide those benefits and may also depend on the level and type of benefits 

guaranteed by the PBGC. 

Basis of accounting 

The financial statements are presented on the accrual basis of accounting. 

Investment valuation and income recognition 

The Plan's investments are stated at fair value. See "Fair value measurements" footnote for additional 

information. 

Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on 

the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation/(depreciation) 

includes the Plan's gains and losses on investments bought and sold as well as held during the year. 

Administrative expense a/location 

The administrative office is occupied by the Health Fund, Pension Fund and the 807 Profit Sharing Plan 

(the "Fringe Benefit Funds"). Certain expenses not specifically applicable to a particular entity are 

allocated based on the estimated benefit received by each entity. Amounts reported· as receivable from 

related organizations or payable to related organizations generally include balances for shared 

expenses. 

Reimbursements paid to related organizations for the years ended August 31, 2017 and 2016 were 

$529,248 and $550,805, respectively. 

00610 

6 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 1 - Description of Plan and Significant Accounting Policies (cont'd) 

Use of estimates 

The preparation of financial statements in conformity with accounting principles generally accepted in the 

United States of America requires management to make estimates and assumptions that affect the 

amounts reported in the financial statements and accompanying ,notes. Actual results could differ from 

these estimates. 

Note 2-Cash 

At times throughout the year the Plan may have, on deposit in banks, amounts in excess of FDIC 

insurance limits. The Plan has not experienced any losses in such accounts and the Trustees believe it 

is not exposed to any significant credit risks. 

Note 3 - Fair value measurements 

The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to 

valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted 

quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest 

priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy are 

described as follows: 

Level 1 inputs to the valuation methodology are unadjusted quoted prices, in active markets, for identical 

assets that the Plan has the ability to access. 

Level 2 inputs to the valuation methodology include: quoted prices for similar assets in active markets, 

quoted prices for identical or similar assets in inactive markets, inputs other than quoted prices that are 

observable for the asset, and inputs that are derived principally from or corroborated by observable 

market data by correlation or other means. If the asset has a specified ( contractual) term, the level 2 

input must be observable for substantially the full term of the asset. 

Level 3 inputs to the valuation methodology are unobservable and significant to the fair value 

measurement. Level 3 inputs are generally based on the best information available which may include 

the reporting entity's own assumptions and data. 

The asset's fair value measurement level within the fair value hierarchy is based on the lowest level of 

any input that is significant to the fair value measurement. Valuation techniques used neetl to ·maximize 

the use of observable inputs and minimize the use of unobservable i_nputs. · 

Interest bearing cash: Valued at cost. 

00611 

7 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 3 - Fair value measurements (cont'd) 

U.S. government securities, corporate debt instruments, corporate stocks and registered investment 

companies: Valued at the closing price reported in the active market in which the securities are traded. 

Real estate: Value is based on an independent appraisal performed in 2014 using the income 

capitalization approach. 

Investments measured at net asset value: Partnership/joint venture interests, common/collective trust 

funds and pooled separate accounts values are estimated by management of the trust/ account. 

The preceding methods may produce a fair value calculation that may not be indicative of net realizable 

value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods 

are appropriate and consistent with other market participants, the use of different methodologies or 

assumptions to determine the fair value of certain financial instruments could result in a different fair 

value measurement at the reporting date. 

Certain investments that are measured at fair value using the net asset value per share (or its 

equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value 

amounts presented in the tables below are intended to permit reconciliation of the fair value hierarchy to 

the amounts presented in the statements of net assets available for benefits. 

00612 

8 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 3 - Fair value measurements (cont'd) 

The following table sets forth, by level within the fair value hierarchy, the Plan's investments, as of 

August 31, 2017, with fair value measurements on a recurring basis: 

2017 Level 1 Level2 Level3 

Interest bearing cash 

Investments at fair value as 

determined by quoted 

market price 

U.S. government securities 

Corporate debt instruments 

Corporate stock 

Registered investment 

companies 

Investments at estimated 

fair value 

Real estate 

$ 4,917,984 

23,216,098 

19,180,576 

16,977,293 

17,000,341 

1.485.000 

$ 4,917,984 

11,246,075 

16,977,293 

17,000,341 

$ 

11,970,023 

19,180,576 

$ 

1.485,000 

Total assets in the fair value 

hierarchy 82,777,292 50,141,693 31,150,599 1.485,000 

Investments measured at net 

asset value 60,022,319 

Investments at fair value $ 142,799,611 $ 50,141,693 $ 31,150,599 $ 1,485,000 

00613 

9 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 3 - Fair value measurements (cont'd) 

The following table sets forth, by level within the fair value hierarchy, the Plan's investments, as of 

August 31, 2016, with fair value measurements on a recurring basis: 

2016 Level 1 Level2 Level3 

Interest bearing cash 

Investments at fair value as 

determined by quoted 

market price 

U.S. government securities 

Corporate debt instruments 

Corporate stock 

Registered investment 

companies 

Investments at estimated 

fair value 

Real estate 

$ 3,107,638 

29,413,264 

14,215,361 

28,774,424 

15,455,755 

1.485.000 

$ 3,107,638 

19,738,338 

28,774,424 

15,455,755 

$ 

9,674,926 

14,215,361 

$ 

1.485.000 

Total assets in the fair value 

hierarchy 92,451,442 67,076,155 23,890,287 1,485,000 

Investments measured at net 

asset value 55.395.260 

Investments at fair value $ 147,846,702 $ 67,076,155 $ 23,890,287 $ 1 485 000 

The following table provides a summary of the changes in fair value on a recurring basis for Level 3 

assets for the year ended August 31, 2017: 

Descri \ion Total Real Estate 

Opening balance $ 1,485,000 $ 1,485,000 

Total investment income included in changes in net assets 

$ 1 485 000' $ 1 485 000 Closing balance 

Change in unrealized gains or losses for the period included in earnings (or changes 

in net assets) for assets held at the end of the reporting period $===== $===== 

00614 

10 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 3 - Fair value measurements (cont'd) 

The following table provides a summary of the changes in fair value on a recurring basis for Level 3 

assets for the year ended August 31, 2016: 

Descri !ion Total Investment type 

Opening balance $ 1,485,000 $ 1,485,000 

Total investment income included in changes in net assets 

Closing balance $ 1485000 $===1;;::4~85~0~0~0

Change in unrealized gains or losses for the period included in earnings (or changes 

in net assets}for assets held at the end of the reporting period $====== $======= 

Total gains or losses attributable to the change in unrealized gains or losses relating to Level 3 assets 

still held as of August 31, 2017 and 2016 are included in the "Net appreciation (depreciation) in 

investments" category in the Statements of Changes in Net Assets Available for Benefits. 

The following table represents quantitative information about significant unobservable inputs used in the 

fair value measurements of the directly held or underlying assets of the Plan's significant Level 3 

investments: 

Principal Range of 

Fair Valuation Unobservable Significant Weighted 

Investment Value Technique Inputs Input Values Average 

Investment Property - $ 1,485,000 Income Capitalization Future potential net N/A N/A 

Lot 19 32-43 49th income using 

Avenue Long Island discounted cash flow 

City NY analysis 

Note 4 - Risks and uncertainties 

The Plan invests in various investment securities. Investment securities are exposed to various risks 

such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment 

securities, it is at least reasonably possible that changes in the values of investment securities will occur 

in the near term and that such changes could m;3terially affect the amounts reported in the financial 

statements. 

Plan contributions are made and the actuarial present value of accumulated plan benefits are reported 

based on certain assumptions pertaining to interest rates, inflation rates and employee demographics, all 

of which are subject to change. Due to uncertainties inherent in the estimations and assumptions 

process, it is at least reasonably possible that changes in these estimates and assumptions in the near 

term could be material to the financial statements. 

00615 

11 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS EN[?ED AUGUST 31, 2017 AND 2016 

Note 5 - Party-in-interest transactions 

Certain Plan investments are held by the manager of the investment, therefore, transactions relating to 

those investments qualify as exempt party-in-interest transactions and are identified as such on the 

supplemental schedules of investments. 

Note 6 - Partnerships 

The Plan invests in the WCM Focused International Growth Fund, L.P. (WCM), which is a Delaware 

limited partnership for income tax purposes. The investment objective of WCM is long term capital 

appreciation. WCM will normally invest at least 75% of its net assets in equity securities of non-U.S. 

domiciled companies or depository receipts of non-U.S. domiciled companies. The fund may invest in 

companies of any size; however, investments will generally be in companies with large capitalizations. 

Limited partners' withdrawals may be made as of the last day of any calendar month on at least 5 days' 

written notice to the General Partner. The partnership shall continue unless terminated earlier in 

accordance with the provisions of the Limited Partnership Agreement. As of August 31, 2017 and 2016, 

the estimated fair value of the Plan's investment was $12,321,954 and $10,642,432, respectively. 

Note 7 • Common I collective trust investments 

Significant common/collective trust investments are as follows: 

The following common collective trust funds ( collectively the "SSGA Funds"), were formed by State 

Street Bank. State Street Bank is trustee, custodian, and recordkeeper of the SSGA Funds and has 

exclusive management and control of the SSGA Funds. State Street Global Advisors ("SSGA"), a 

division of State Street Bank is the SSGA Funds' investment manager. 

The investment objective of the SSGA Russell 2000 Index non-lending and lending funds is to 

approximate as closely as practicable, before expenses, the performance of the Russell 2000 Index over 

the long term. The lending fund also engages in securities lending activity. As of August 31, 2017 and 

2016, the estimated fair value of the Plan:s investment in the non-lending fund was $271,477 and 

$2,059,106, respectively and $12,066,759 and $12,256,175, respectively for the lending fund. 

The investment objective of the SSGA Russell 1000.Growth Index non-lending fund is to approximate as 

closely as practicable, before expenses;_ the performance ci(the Russell 1000 Index over the long term. 

As of August 31, 2017 and 2016, the estimated fair value of the Plan's investment was $20,316,880 and 

$18,638,302, respectively. 

The per unit net asset values of the SSGA Funds are determined each business day. Issuances and 

redemptions may be made on such days consistent with the terms of the underlying investment funds. 

Withdrawal safeguards imposed in the past have been lifted but SSGA will monitor market conditions 

and evaluate the need for withdrawal safeguards as appropriate. 

00616 

12 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 8 - Pooled separate account 

The Plan invests in the Prudential Prisa Account which is a pooled separate account investing primarily 

in real estate investments. The contract states that withdrawal requests will be scheduled for payment 

on the next valuation date after at least 90 days written request for withdrawal. The valuation date is the 

last business day in each calendar quarter. In the event the total withdrawal requests exceed the total 

cash available to honor such requests, available cash will be pro-rated among those contract-holders 

eligible for withdrawals. As of August 31, ·2017 and 2016, the estimated fair value of the Plan's 

investment was $15,045,248 and $11,799,245, respectively. 

Note 9 - Employers' contributions 

In accordance with collective bargaining agreements, employers are required to make contributions to 

the Plan on behalf of employees performing covered work. 

Note 10 - Real estate/ Rental income 

The Plan, along with the Local 807 Labor-Management Health Fund and 32-43 49th Street Holding 

Corporation, owns real estate located at 32-43 49th Street, Long Island City, New York. This real estate 

is treated as an investment of the Plan. Unrealized appreciation and depreciation is recorded based on 

the fair market value of the building as determined by an independent appraisal. 

The investment property is leased to Best Buy, Inc., an unrelated third party, under a lease that has five 

year options to extend. The tenant exercised all options to extend the lease through January 31, 2029. 

In addition to the annual base rent, the tenant is subject to escalation charges as stated in the lease. 

Effective February 1, 2014, annual base rent under the current option is $303,839, plus escalations of 

$146,733. The Plan receives $94,190, plus escalations of $45,487 as its share of the annual rent. 

Rental income received for the years ended August 31, 2017 and 2016 was $139,677 and $148,612, 

respectively. Included in the prior year rental income of $148,612 is a retroactive payment of $11,345. 

Future minimum base lease payments due to the Plan for the years ending August 31 are as follows: 

2018 

2019 

2020 

2021 

2022 

2023 and thereafter 

$ 94,190 

98,402 

101,411 

101,411 

101,411 

686,826 

Total $ 1,183,651 

00617 

13 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

• 

Note 11 - Employers withdrawal liability receivable 

Withdrawal liability is assessed to employers who have withdrawn from the Plan in accordance with Plan 

rules and regulations. The withdrawal liability receivable is recorded when collection is assured. During 

the year ended August 31, 2017, there were two new employer withdrawals assessed totaling $596,000, 

including $32,000 ofinterest for a net withdrawal liability of $564,000. During the year ended August 31, 

2016, there were three new employer withdrawals assessed totaling $8,698,000, including $2,795,000 of 

interest for a net withdrawal liability of $5,903,000. Fer the years ended August 31, 2017 and 2016, the 

withdrawal liability principal payments were $843,916 and $4,380,903, respectively and the write-offs 

were $0 and $1,233,968, respectively. 

As of August 31, 2017 and 2016, withdrawal liability receivable was $17,821,566 (including deferred 

interest of $5,944,834, a net receivable of $11,876,742) and $18,403,266 (including deferred interest of 

$6,246,964, a net receivable of $12,156,302, respectively. The receivable as of August 31, 2017 is 

payable in quarterly installments of $399,160 until July 2035, at an annual interest rate of 7.5%. 

Effective June, 2014, there will be no re-allocation to remaining contributing employers of any collectible 

amounts due to settlement of withdrawal liabilities. 

Note 12 - Lease commitments 

The Fringe Benefit Funds lease office space from 32-43 49th Street Holding Corporation, a related party. 

The lease agreement, effective January 1, 2014 through December 31, 2016, was extended from 

January 1, 2017 through December 31, 2019. The monthly base rent in calendar years 2017 and 2016 

were $12,850 and $12,132, respectively. 

The Plan's portion of the· rent is 33%. Additionally, the Plan pays its portion of maintenance costs. Total 

occupancy expense for the years ended August 31, 2017 and 2016 was $60,613 and $50,674, 

respectively. 

Future minimum annual lease obligations as of August 31, 2017 are as follows: 

2018 $ 51,904 

2019 53,461 

2020 17 995 

Total $=_.,12=3=,3.,.6.,.0 

Note 13- Reconciliation of financial statements to Form 5500 

For financial statement purposes, investment expenses are reported as a reduction of investment 

income. The reporting requirements of the Department of Labor require these fees be shown as 

administrative expenses. 

14 

, • 00618 . 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 13 - Reconciliation offinancial statements to Form 5500 (cont'd) 

The following is a reconciliation of the reclassifications: 

Per Financial 

Statements Reclassification Per Form 5500 

Investment income (loss) $ 14,376,699 $ 398,853 $ 14,775,552 

Contributions 9,350,344 9.350,344 

Total additions 23.727.043 398.853 24.125.896 

Benefits paid directly to participants or 

beneficiaries 27,708,903 27,708,903 

Administrative expenses 1314420 398,853 1,713,273 

Total deductions 29.023,323 398,853 29.422, 176 

Net increase (decrease) $ /5.296,280) $==== $ (5,296,280) 

In addition to the above reclassifications, the Plan"s investments have been reclassified for Form 5500 

purposes in accordance with the Department of Labor's plan asset regulations. See the Schedule 

Reconciling the Statement of Net Assets Available for Benefits to Form 5500 on page 32. 

Note 14 - Accumulated Plan Benefits 

The latest available calculations of the actuarial present value of accumulated plan benefits were made 

by consulting actuaries as of September 1, 2016 and 2015. Details of accumulated plan benefit 

information as of such dates are as follows: 

September 1, September 1, 

2016 2015 

Actu11rial,present value of accumulated plan 

benefits: 

Vested benefits: 

Participants currently receiving benefit payments $ 213,992,714 $ 205,767,807 

Other vested participants 116,768.019 105,768,268 

Total vested benefits 330,760,733 311,536,075 

Nonvested benefits 275 281 490 434 

Total actuarial present value of accumulated plan 

benefits $ 331.036.014 $ 312.026.509 

00619 

15 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 14 • Accumulated Plan Benefits (cont'd) 

The changes in the actuarial present value of accumulated plan benefits from the previous benefit 

information date were as follows: 

September 1, 

2016 

September 1, 

2015 

Actuarial present value of accumulated plan 

benefits • Beginning of year $ 312,026.509 $ 316.106.071 

Increase (decrease) during the year attributable to: 

Benefits accumulated and actuarial gains or losses 

Interest due to the decrease in the discount period 

Benefits paid 

Change of assumptions 

3,875,849 

22,258,254 

(28,153,461) 

21,028,863 

1,722,957 

22,555,895 

(28,358,414) 

Net increase (decrease) in actuarial present value of 

accumulated plan benefits 19,009,505 /4.079,562) 

Actuarial present value of accumulated plan 

benefits • End of year $ 331.036,014 $ 312,026.509 

Through September 1, 2016, the Plan met minimum funding standard requirements under ERISA. 

The significant methods and assumptions underlying the actuarial computations are as follows: 

Actuarial cost method Entry Age Normal 

Assumed rate of return on investments 7.50% 

Mortality rate 2017 - 1.35 times the RP-2016 Blue Collar 

Healthy Annuitant Mortality Table 

2016 - 1.35 times the RP-2014 Blue Collar 

Healthy Annuitant Mortality Table 

Normal retirement 65 

As of September 1, 2016 the actuary has certified that the Plan is in the critical and declining status as 

identified under the Pension Protection Act of 2006. 

00620 

16 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Note 15 • Rehabilitation Plan 

On November 29, 2010, the Plan was certified by its actuaries to be in Critical Status under the Pension 

Protection Act of 2006 (the "PPA") for the plan year beginning September 1, 2010. The Board of 

Trustees determined that based on reasonable actuarial assumptions, and upon exhaustion of all 

reasonable measures, the Plan could not be reasonably expected to emerge from Critical Status within 

the time frame prescribed by law. Therefore, the Trustees adopted reasonable measures in their 

Rehabilitation Plan to forestall insolvency and/or emerge from Critical Status over a projected period of 

time. 

Some of the reasonable measures adopted were as follows: 

Contribution rates were increased by $.45 per hour per year for any collective bargaining agreement 

("CSA") that becomes effective after September 1, 2011. The increase is considered supplemental and 

may not cause any increase in future service accruals in some cases. In addition, the rate may be 

evaluated and adjusted annually based on financial conditions of contributing employers and actual Plan 

experience. 

Contributing employers became obligated to pay a 5% contribution surcharge to the Plan for work 

performed on or after January 26, 2011. The 5% surcharge increased to 10% beginning with 

contributions received on or after September 1, 2011 and will continue until the earlier of (1) the date the 

Plan emerges from critical status; (2) the effective date of a CSA that is in compliance with this 

Rehabilitation Plan; or (3) the date contribution increases become effective with respect to an employer 

because the bargaining parties fail to adopt a CSA in compliance with the Rehabilitation Plan within the 

time period required by ERISA. The surcharges will continue until the CSA is signed and the required 

increase in contributions will be retroactive to the date the CSA is effective. 

The active participant benefit accrual rate after February 1, 2012, will be the lesser of 1 % of the product 

of (a) the number of hours for which contributions are due in a Plan Credit Year or (b) the contribution 

rate in effect for his employer prior to its first contribution increase on or after September 1, 2011, or, the 

accrual rate as of September 1, 2011. In addition, the following _benefits will be eliminated: subsidies 

previously afforded to early retirement pensions, all Service Pensions, the 60-month guarantee, the 

Disability Pension for those with an annuity starting date after August 31, 2011, the Death Benefit 

provided and the Social Security Level Income Option of the Plan. In addition, all future contribution 

increases after September 1, 2011 will not be used towards the calculation of future benefit accruals. 

The benefits of retired participants whose annuity started before September 1, 2011 will not be 

eliminated or red.uced. Non-active participants, who have terminated or will terminate COVflred .service or 

whose annuity·starting date is on or after September 1, 2011, will have their benefits reduced by factors 

detailed in the Rehabilitation Plan. 

00621 

17 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

NOTES TO FINANCIAL STATEMENTS 

YEARS ENDED AUGUST 31, 2017 AND 2016 

- Note 15 - Rehabilitation Plan (cont'd) 

The original Rehabilitation Period was 24 years beginning September 1, 2013 and ending August 31, 

2037. Section 432(e)(3)(B) requires that the Trustees annually update the Rehabilitation Plan and 

Schedules. Based on the results and assumptions used in the valuation, projections show that the Plan 

is not expected to emerge from critical status within the Rehabilitation period. Therefore, the Plan's new 

Rehabilitation period is September 1, 2013 through August 31, 2048. The annual standards detailed in 

the Rehabilitation Plan were projected to be met for the- next several years. The Board of Trustees will 

· review and update the Rehabilitation Plan annually and will continue to consider all available options 

including, but not limited to, reducing Plan expenses, taking advantage of any changes ,in the law, or 

exploring a merger with another plan. 

The Plan actuary is working on a Multi-Employer Pension Reform Act analysis study and the Trustees 

are preparing a Plan Amendment to further reduce benefits effective 2019. 

Note 16 - Tax status 

The Plan has received a determination letter from the IRS dated January 29, 2016, stating that the Plan 

is qualified under Section 401(a) and is exempt from federal income taxes under Section 501(a) of the 

Internal Revenue Code. The Trustees believe that the Plan, including amendments subsequent to the 

IRS determination, is currently designed and operated in compliance with the requirements of the 

Internal Revenue Code .. Therefore, they believe that the Plan was qualified and the related trust was tax 

exempt as of the financial statement date. 

00622 

18 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF INTEREST BEARING CASH 

AUGUST 31, 2017 · 

- EIN 51-6099111, PLAN NO. 002 . 

FORM 5500. SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) (b) (c) • DESCRIPTION (d) (e) 

INTEREST BEARING CASH 

INTEREST MATURITY CURRENT 

--. 

ISSUER 

MORGAN STANLEY BANK N.A. 

RATE 

VARIABLE 

DATE 

ON DEMAND 

COST 

$ 4,917,984 

VALUE 

$ 4,917,984 

WCM FOCUSED INTERNATIONAL GROWTH FUND L.P. 

INTEREST BEARING CASH VARIABLE ON DEMAND 751,786 751,786 

$ 51

6691770 $ 5,669,770 

• PARTY-IN-INTEREST 

HOLDINGS OF CERTAIN INVESTMENTS WERE DETERMINED TO BE PLAN ASSETS FOR FORM 5500 PURPOSES AND ARE 

SEPARATELY IDENTIFIED HERE BASED ON THE ALLOCATION OF UNDERLYING ASSETS PROVIDED BY THE INVESTMENT 

MANAGER, AS OF THE DATE OF THEIR LATEST AUDITED FINANCIAL STATEMENTS . 

• 

00623 

19 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF U.S. GOVERNMENT SECURITIES 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

U.S. GOVERNMENT SECURITIES 

ISSUER 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FEDERAL NATIONAL MTG ASSN POOL 745525 

UNITED STATES TREASURY NOTE-INFLATION INDEX 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FNMA REMIC TRUST 2010-42 AC 

GOVERNMENT NATIONAL MTG ASSN POOL 004787 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FEDERAL NATIONAL MTG ASSN POOL AR8266 

FEDERAL NATIONAL MTG ASSN POOL MA1138 

FEDERAL NATIONAL MTG ASSN POOL MA1652 

FEDERAL NATIONAL MTG ASSN POOL 759098 

FHLMC 20 YR GOLD C91816 

FHLMC 20 YR GOLD C91820 

FHLMC 20 YR GOLD C91844 

FEDERAL NATIONAL MTG ASSN POOL AS6709 

FHLMC 20 YR GOLD C91925 

FEDERAL NATIONAL MTG ASSN POOL MA0185 

FEDERAL NATIONAL MTG ASSN POOL MA0190 

GOVERNMENT NATIONAL MTG ASSN POOL 737635 

GOVERNMENT NATIONAL MTG ASSN POOL 760306 

GNMA REMIC TRUST 2014-54A 

FEDERAL NATIONAL MTG ASSN POOL MA0969 

FEDERAL NATIONAL MTG ASSN POOL AX5312 

GOVERNMENT NATIONAL MTG ASSN POOL 774435 

GOVERNMENT NATIONAL MTG ASSN POOL 774439 

FHLMC 30 YR GOLD T65091 

FHLMC 30 YR GOLD U91884 

FEDERAL NATIONAL MTG ASSN POOL AU5874 

FHLMC 30 YR GOLD G08567 

FHLMC 30 YR GOLD Q26076 

FHLMC 30 YR GOLD Q26215 

FEDERAL NATIONAL MORTGAGE ASSOC RELOCATION 

LOAN BC5090 

FHLMC 30 YR GOLD G08623 

FHLMC 30 YR GOLD Q33134 

. FHLMC 30 YR GOLD V82155 

FHLMC 30 YR GOLD G08693 

FEDERAL NATIONAL MTG ASSN POOL AS7568 

FHLMC 30 YR GOLD G08720 

FHLMC 30 YR GOLD G60703 

FEDERAL NATIONAL MTG ASSN POOL AS8142 

FEDERAL NATIONAL MTG ASSN POOL AS8157 

FHLMC 30 YR GOLD G60857 

FHLMC 30 YR GOLD G08764 

UNITED STATES TREASURY BOND 

FHLMC 30 YR GOLD Q49553 

INTEREST 

RATE 

1.25% 

1.63% 

1.50% 

1.50% 

1.63% 

5.50% 

0.13% 

1.88% 

2.13% 

2.00% 

4.00% 

4.50% 

2.38% 

2.25% 

2.00% 

3.50% 

3.50% 

5.50% 

3.50% 

3.50% 

3.50% 

3.50% 

3.50% 

5.50% 

5.00% 

5.00% 

4.00% 

2.50% 

3.50% 

4.00% 

3.50% 

3.50% 

3.00% 

3.00% 

4.00% 

4.00% 

4.00% 

4.00% 

4.00% 

3.50% 

3.50% 

4.00% 

3.50% 

4.50% 

4.50% 

4.00% 

4.00% 

4.50% 

4.00% 

4.50% 

3.00% 

4.00~o 

MATURITY 

DATE 

05/31/2019 

12/31/2019 

05/15/2020 

07/15/2020 

07/31/2020 

05/01/2021 

04/15/2022 

07/31/2022 

12/31/2022 

05/31/2024 

10/25/2024 

09/20/2025 

05/15/2027 

08/15/2027 

04/01/2028 

07/01/2032 

11/01/2033 

01/01/2034 

03/01/2035 

03/01/2035 

09/01/2035 

02/01/2036 

03/01/2037 

08/01/2039 

09/01/2039 

08/20/2040 

09/20/2041 

10/16/2041 

01/01/2042 

01/01/2042 

07/20/2042 

07/20/2042 

08/01/2042 

08/01/2043 

09/01/2043 

01/01/2044 

05/01/2044 

05/01/2044 

10/01/2044 

01/01/2045 

04/01/2045 

12/01/2045 

02/01/2046 

07/01/2046 

08/01/2046 

09/d1/2046 

10/01/2046 

10/01/2046 

02/01/2047 

05/01/2047 

05/15/2047 

07/01/2047 

PAR OR 

MATURITY 

VALUE 

$ 1,038,881 

11535,052 

250,453 

863,502 

255,430 

34,059 

606,340 

217501087 

314,388 

1,313,787 

38,900 

163,120 

504,448 

1,364,899 

309,085 

14,156 

112,953 

317,869 

79,311 

62,353 

169,164 

93,106 

246,509 

60,089 

44,639 

396,702 

87,731 

28,597 

174,981 

27,817 

312,974 

277,858 

379,049 

591,290 

91,746 

258,719 

104,0,99 

127,949 

60,713 

2,606,514 

1,228,680 

417,519 

898,935 

107,174 

40,580 

231,468 

201,067 

236,694 

184,723 

539,559 

477,184 

90:a19 

$ 

COST 

1,037,594 

1,516,758 

250,371 

861,808 

251,621 

36,783 

605,715 

2,745,982 

303,516 

1,312,637 

40,286 

175,863 

502,383 

1,363,641 

307,539 

15,245 

117,489 

354,027 

83,673 

65,646 

179,131 

98,926 

256,140 

63,393 

47,303 

422,983 

91,679 

29,021 

178,918 

29,809 

318,842 

283,068 

366,730 

605,149 

96,437 

270,685 

108,914 

133,867 

65,029 

2,738,062 

1,288,098 

447,987 

943,601 

116,856 

43,414 

248,719 

215,944 

260,992 

194,537 

582,238 

473,206 

95,906 

CURRENT 

VALUE 

$ 1,037,826 

1,508,910 

250,655 

861,780 

251,398 

35,639 

608,165 

2,750,257 

305,355 

1,321,220 

39,410 

172,952 

510,840 

1,364,284 

306,362 

14,869 

118,464 

361,957 

83,135 

65,361 

177,311 

97,562 

257,893 

64,655 

47,694 

425,927 

92,737 

28,676 

179,450 

29,645 

326,639 

289,989 

381,596 

595,542 

98,062 

273,653 

110,056 

135,296 

64,184 

2,703,190 

1,274,252 

443,651 

932,276 

115,323 

43,589 

244,708 

212,544 

254,732 

195,289 

579,676 

475,385 

96,077 

20 

00624 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF U.S. GOVERNMENT SECURITIES 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

U.S. GOVERNMENT SECURITIES 

ISSUER 

INTEREST 

RATE 

MATURITY 

DATE 

PAR OR 

MATURITY 

VALUE COST 

CURRENT 

VALUE 

$ 22,723.781 $ 23,244.161 $ 23,216,098 

• 21 

00625 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS• PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS. 

PREFERRED 

PAR OR 

INTEREST MATURITY MATURITY CURRENT 

ISSUER RATE DATE VALUE COST VALUE 

BB&T CORP 1.35% 10/01/2017 $ 100,000 $ 99,938 $ 100,000 

TOYOTA MOTOR CREDIT CORP 2.10% 01/17/2019 100,000 99,915 100,759 

SIMON PROPERTY GROUP LP 2.20% 02/01/2019 15;000 74,858 75,525 

IBM CORP 1.95% 02/12/2019 100,000 99,758 100,590 

CISCO SYSTEMS INC 2.13°/o 03/01/2019 100,000 99,929 100,816 

AETNA INC 2.20% 03/15/2019 70,000 69,930 70,415 

ELI LILLY & CO 1.95% 03/15/2019 100,000 99,827 100,518 

ROYAL BANK OF CANADA 2.15% 03/15/2019 70,000 69,973 70,604 

GILEAD.SCIENCES INC 2.05% 04/01/2019 70,000 69,879 70,382 

BERKSHIRE HATHAWAY INC 2.10% 08/14/2019 100,000 99,991 100,920 

PRUDENTIAL FINANCIAL INC 2.35% 08/15/2019 100,000 99,920 100,710 

GM FINL AUTO LEASE TR 2016-1 B 2.59% 03/20/2020 39,000 39,684 39,265 

WOLS 2017-A A3 2.13% 04/15/2020 193,000 192,993 194,210 

CHAIT 2015-A5 A 1.35% 04/15/2020 500,000 499,571 499,860 

HOME DEPOT INC 1.80% 06/05/2020 250,000 249,855 251,165 

WALT DISNEY COMPANY/THE 1.80% 06/05/2020 250,000 249,710 250,108 

BANK OF MONTREAL 2.10% 06/15/2020 500,000 499,955 502,310 

JOHN DEERE CAPITAL CORP 1.95% 06/22/2020 250,000 249,848 251,225 

HERSHEY COMPANY 4.13% 12/01/2020 250,000 268,670 267,508 

AFIN 2016-2 B 2.11% 03/22/2021 123,000 122,994 123,403 

CCCIT 2017-A4 A4 1.45% 04/07/2022 174,000 174,000 174,365 

MANUF & TRADERS TRUST CO 2.50% 05/18/2022 250,000 249,650 252,318 

QUALCOMM INC 3.00% 05/20/2022 500,000 499,810 516,200 

AMERICREDIT AUTO RECV 2016-4 C 2.41% 07/08/2022 60,000 59,775 60,286 

AMCAR17-1C 2.71% 08/18/2022 71,000 70,985 71,648 

NALT 2017-A A4 2.04% 09/15/2022 204,000 203,999 204,369 

DCENT 2017-A3 A3 1.46% 10/17/2022 131,000 131,000 131,241 

HYUNDAI AUTO RECV TR 2016-B C 2.19% 11/15/2022 84,000 83,035 84,322 

WELLS FARGO & COMPANY 3.07% 01/24/2023 165,000 165,064 168,632 

FORDO 16-C-C 1.93% 04/15/2023 134,000 133,320 133,613 

BANK OF NY MELLON CORP 2.66% 05/16/2023 80,000 80,000 80,820 

WORLD FIN NETWORK CCMT 2016-C M 1.98% 08/15/2023 83,000 82,481 82,417 

APPLE INC 3.00% 02/09/2024 110,000 109,952 113,079 

BURLINGTN NORTH SANTA FE 3.75% 04/01/2024 70,000 69,771 75,050 

CAMERON INTERNATIONAL CO 3.70% 06/15/2024 100,000 99,769 98,224 

COMET 2016-A7 A7 1.74% 09/16/2024 157,000 157,61l3 158,232 

TRI-STATE GENERATION & TRANSMIS 3.70% 11/01/2024 80,000 80,176 83,273 

UNION PACIFIC CORPORATION 3.25% 01/15/2025 100,000 99,669 103,911 

WFNMT 2016-A M 2.33% 04/15/2025 84,000 83,986 83,816 

PNC BANK NA 3.25% 06/01/2025 260,000 267,127 268,180 

US AIRWAYS 2013-1A PTT 3.95% 11/15/2025 109,000 91,113 91,756 

UNITED AIRLINES 2014-1 A PTT 4.00% 04/11/2026 80,000 71,019 74,485 

BANK OF NY MELLON CORP 2.80% 05/04/2026 425,000 423,491 422,624 

WELLS FARGO & COMPANY 3.00% 10/23/2026 250,000 249,423 247,175 

MICROSOFT CORP 3.30% 02/06/2027 130,000 129,539 135,411 

NSTAR ELECTRIC CO 3.20% 05/15/2027 46,000 45,965 47,225 

NOVARTIS CAPITAL CORP 3.10% 05/17/2027 250,000 247,773 255,695 

SSM HEALTH CARE 3.82% 06/01/2027 145,000 146,073 152,034 

AMER AIRLINE 16-2 AA PTT 3.20% 06/15/2028 250,000 243,500 246,885 

MVWOT 2015-1A A 2.52% 12/20/2032 120,000 58,763 58,843 

BBCCR 2015-GTP B 4.22% 08/10/2033 135,000 139,040 137,784 

SBA 100098 3.33% 03/25/2038 500,000 291,477 297,197 

SBA100100 3.68% 06/25/2038 500,000 377,589 382,093 

22 

00626 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS - PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· 

PREFERRED 

ISSUER 

TRISTATE GEN&TRANS ASSN 

MS BOFA ML TRUST 2012-C6 A·S 

SHELL INTERNATIONAL FINANCE BV 

KAISER FOUNDATION 

COMM MTG TR 2014-CCRE17 B 

SBA TOWER TRUST 2014-1-2 2C 

MSBAM 16-C32 AS 

NY & PRESBYTERIAN HOSPITAL 

SCRT 2017-2 MA 

INTEREST MATURITY 

RATE DATE 

4.70% 

3.48% 

4.00% 

4.15% 

4.38% 

3.87% 

3.99% 

4.06% 

3.00% 

11/01/2044 

11/17/2045 

05/10/2046 

05/01/2047 

05/10/2047 

10/15/2049 

12/15/2049 

08/01/2056 

08/25/2056 

PAR OR 

MATURITY 

VALUE 

45,000 

115,000 

52.000 

100,000 

78,000 

90,000 

117,000 

80,000 

193,000 

$ 10,047.000 

CURRENT 

COST VALUE 

46.330 48,462 

121,949 119,837 

51,063 52,834 

99,051 107,576 

81,233 82,078 

90,000 92,541 

120,503 124,098 

79,997 81,759 

196174 196,024 

$ 9,659.435 $ 91

1sai7os 

00627 

23 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS• OTHER 

AUGUST 31, 2017. 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) 

ISSUER 

NUCOR CORP 

RALPH LAUREN CORP 

CRANE CO 

BLACK HILLS CORP 

BANK OF AMERICA CORP 

GOLDMAN SACHS GROUP INC 

XILINX INC 

AMERICAN EXPRESS CREDIT 

SUNTRUST BANKS INC 

MATTEL INC 

BP CAPITAL MARKETS PLC 

CVS CAREMARK CORP 

NEXTERA ENERGY CAPITAL 

CONSOLIDATED EDISON INC 

DOMINION ENERGY INC 

BANK OF AMERICA CORP 

SANTANDER UK GROUP HLDGS 

REGIONS FINANCIAL CORP 

AMERICAN EXPRESS CREDIT 

DISCOVER BANK 

THE KROGER CO 

ALABAMA POWER CO 

CHARTER COMMUNICATIONS OPER 

REGIONS FINANCIAL CORP 

INTL LEASE FINANCE CORP 

ALABAMA POWER CO SERS 

NEWMARKET CORP 

ARES CAPITAL CORP 

BANK OF AMERICA CORP 

JPMORGAN CHASE & CO 

ONEOK PARTNERS LP 

KINDER MORGAN INC DE 

FEDEXCORP 

KINDER MORGAN ENERGY PARTNERS 

AMERICAN TOWER CORP 

JUNIPER NETWORKS INC 

HOSPITALITY PROP TRUST 

ROCKWELL COLLINS INC 

CELGI:;NE CORP 

ENABLE MIDSTREAM PARTNER 

PACIFIC GAS & ELECTRIC 

CBS CORP 

MOTOROLA SOLUTIONS INC 

TRINITY INDUSTRIES INC 

COMCAST CORP 

SHERWIN WILLIAM CO 

HAWAIIAN AIRLINES 12-1A 

HOLL YFRONTIER CORP 

CITIGROUP INC 

EAGLE MATERIALS INC 

TEVA PHARMACEUTICALS NE 

FLOWERS FOODS INC 

KITE RL TY GROUP LP SR GLBL 

CITIGROUP INC 

(c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· OTHER 

PAR OR 

INTEREST MATURITY MATURITY CURRENT 

RATE DATE VALUE COST VALUE 

5.75% 

2.13% 

2.75% 

2.50% 

2.60% 

7.50% 

2.13% 

2.13% 

2.50% 

2.35% 

2.24% 

2.25% 

2.40% 

2.00% 

2.58% 

2.15% 

3.13% 

3.20% 

2.25% 

3.20% 

2.95% 

2.45% 

4.46% 

2.75% 

5.88% 

5.88% 

4.10% 

3.50% 

2.88% 

2.78% 

5.00% 

5.63% 

4.00% 

4.15% 

5.00% 

4.50% 

4.65% 

3.20% 

3.63% 

3.90% 

3.40% 

3.70% 

4.00% 

4.55% 

3.38% 

3.45% 

3.90% 

5.88% 

3.40% 

4.50% 

3.15% 

3.50% 

4.00% 

3.20% 

12/01/2017 $ 

09/26/2018 

12/15/2018 

01/11/2019 

01/15/2019 

02/15/2019 

03/15/2019 

03/18/2019 

05/01/2019 

05/06/2019 

05/10/2019 

08/1212019 

09/15/2019 

03/15/2020 

07/01/2020 

11/09/2020 

01/08/2021 

02/08/2021 

05/05/2021 

08/09/2021 

11/01/2021 

03/30/2022 

07/23/2022 

08/14/2022 

08/15/2022 

12/01/2022 

12/15/2022 

02/10/2023 

04/24/2023 

04/25/2023 

09/15/2023 

1111512023 

01/15/2024 

02/01/2024 

02/15/2024 

03/15/2024 

03/15/2024 

03/15/2024 

05/15/2024 

05/15/2024 

08/15/2024 

08/15/2024 

09/01/2024 

10/01/2024 

02/15/2025 

08/01/2025 

01/15/2026 

04/01/2026 

05/01/2026 

08/01/2026 

10/01/2026 

10/01/2026 

10/01/2026 

10/21/2026 

250,000 $ 

200,000 

100,000 

70,000 

100,000 

250,000 

70,000 

80,000 

100,000 

100,000 

75,000 

100,000 

100,000 

250,000 

75,000 

35,000 

70,000 

200,000 

300,000 

100,000 

100,000 

250,000 

145,000 

110,000 

100,000 

200,000 

60,000 

100,000 

50,000 

190,000 

95,000 

70,000 

75,000 

100,000 

95,000 

75,000 

70,000. 

50,000 

100,000 

85,000 

100,000 

100,000 

55,000 

45,000 

100,000 

55,000 

125,000 

55,000 

250,000 

95,000 

110,000 

50,000 

55,000 

250,000 

254,998 $ 252,460 

203,102 200,994 

99,986 101,093 

69,914 70,455 

100,279 101,015 

274,698 269,825 

69,634 70,216 

79,849 80,490 

99,911 101,087 

99,925 100,322 

75,000 75,655 

99,944 100,763 

99,825 100,905 

249,918 250,873 

75,077 75,718 

35,000 35,034 

69,989 71,458 

199,790 205,336 

299,817 301,428 

99,732 102,619 

99,968 101,785 

249,795 252,635 

145,000 153,369 

109,944 110,729 

113,750 113,081 

245,700 232,846 

61,919 62,679 

99,921 99,644 

50,000 50,460 

190,000 191,571 

94,157 103,161 

77,153 78,024 

74,871 81,122 

102,638 103,794 

106,954 105,548 

74,885 80,366 

69,778 73,980 

49,856 50,891 

99,659 104,444 

75,419 85;139 

99,925 104,732 

99,760 103,562 

55,630 56,456 

42,995 45,586 

99,912 103,703 

55,606 56,035 

101,232 103,995 

55,054 59,712 

249,495 252,230 

99,201 99,038 

103,580 101,171 

49,916 49,918 

54,779 53,276 

249,853 247,493 

00628 

24 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS• OTHER 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 - ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· OTHER 

ISSUER 

GOLDMAN SACH GROUP INC 

PLAINS ALL AMER PIPELINE 

FIBRIA OVERSEAS FINANCE 

HEXCELCORP 

HEXCELCORP 

EXPRESS SCRIPTS HLDGS 

RPM INTERNATIONAL INC 

PHYSICIANS RLTY LP SR NT 

MERCURY GENERAL CORP 

WYNDHAM WORLDWIDE CORP 

DOLLAR GENERAL CORP 

CITIGROUP INC SR NT 

JPMORGAN CHASE & CO 

THE PRICELINE GROUP INC 

MORGAN STANLEY 

FORD MOTOR CO 

AMERADA HESS CORP 

TORONTO-DOMINION BANK 

AT&T INC 

ENBRIDGE ENERGY PARTNERS LP 

TRANSATLANTIC HLDGS INC 

SBA TOWER TRUST 

MOTOROLA SOLUTIONS INC 

ANHEUSER-BUSCH INBEV FIN 

SYSCO CORPORATION 

JPMBB COML MTG SEC 2014-C21 C 

MS BOFA ML TRUST 2016·C28 C 

RABOBANK NEDERLAND CPN 

TRANSCANADA TRUST 

INTEREST 

RATE 

3.50% 

4.50% 

5.50% 

3.95% 

3.95% 

3.40% 

3.75% 

4.30% 

4.40% 

4.50% 

3.88% 

3.89% 

3.78% 

3.55% 

3.59% 

6.38% 

7.88% 

3.63% 

4.90% 

7.50% 

8.00% 

3.60% 

5.50% 

4.90% 

4.50% 

4.82% 

4.75% 

11.00% 

5.30% 

MATURITY 

DATE 

11/16/2026 

12/15/2026 

01/17/2027 

02/15/2027 

02/15/2027 

03/01/2027 

03/15/2027 

03/15/2027 

03/15/2027 

04/01/2027 

04/15/2027 

01/10/2028 

02/01/2028 

03/15/2028 

07/22/2028 

02/01/2029 

10/01/2029 

09/15/2031 

08/14/2037 

04/15/2038 

11/30/2039 

04/15/2043 

09/01/2044 

02/01/2046 

04/01/2046 

08/16/2047 

01/15/2049 

09/18/2057 

03/15/2077 

PAR OR 

MATURITY 

VALUE 

150,000 

55,000 

45,000 

240,000 

85,000 

55,000 

110,000 

55,000 

115,000 

85,000 

250,000 

105,000 

105,000 

105,000 

105,000 

250,000 

70,000 

105,000 

120,000 

80,000 

75,000 

30,000 

80,000 

55,000 

80,000 

35,000 

50,000 

85,000 

100,000 

COST 

147,827 

55,277 

44,321 

238,942 

84,582 

52,307 

109,844 

54,822 

114,824 

84,809 

249,815 

104,859 

107,037 

104,914 

105,000 

285,515 

87,124 

104,770 

120,049 

97,650 

96,757 

30,638 

80,994 

62,254 

80,091 

35,455 

52,738 

114,408 

100,000 

CURRENT 

VALUE 

151,134 

56,340 

46,940 

248,993 

88,185 

54,669 

113,040 

56,773 

118,941 

86,471 

261,280 

108,437 

108,970 

105,975 

106,401 

294,465 

84,360 

105,203 

121,229 

101,999 

102,661 

30,014 

82,054 

62,701 

85,107 

35,659 

53,073 

97,860 

103,016 

$ 9,070,000 $ 9,272.316 $ 9,411,871 

00629 

25 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE STOCK· PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H. LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

COBANK ACB 6.25% SER F 

(b) 

ISSUER 

(c) • 

DESCRIPTION 

PREFERRED 

STOCK 

NO.OF 

SHARES 

700 $ 

(d) 

COST 

73 675 

(e) 

CURRENT 

VALUE 

$ 75184 

$ 73 675 $ 75184 

.. 

00630 

26 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE STOCK - COMMON 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(c) • 

(b) DESCRIPTION (d) (e) 

COMMON 

STOCK 

NO.OF CURRENT 

ISSUER SHARES COST VALUE 

3M COMPANY 2,280 $ 317,504 $ 465,850 

ABBOTT LABORATORIES 9,100 .• 379,423 463,554 

ABBVIE INC COM 5,21!0 269,554 397,584 

AIR PROD & CHEM INC 3,125 445,712 454,281 

ALTRIA GROUP INC 7,205 289,663 456,797 

AMGEN INC 1,895 325,855 336,874 

AUTOMATIC DATA PROCESSING INC 1,055 65,052 112,326 

BB &TCORP 14,890 574,467 686,280 

BLACKROCKINC 840 255,898 351,968 

CISCO SYS INC 18,080 406,881 582,357 

CROWN CASTLE INTL CORP 4,615 388,864 500,451 

ENBRIDGE INC 11,829 380,926 473,042 

EXXON MOBIL CORP 5,035 428,901 384,322 

HASBRO INC 3,335 181,685 327,664 

HOME DEPOT INC 3,865 452,776 579,248 

HONEYWELL INTERNATIONAL INC 4,190 535,699 579,351 

ILL TOOL WORKS INC 1,305 148,297 179,451 

JOHNSON & JOHNSON 4,460 394,344 590,370 

JPMORGAN CHASE & CO 8,165 525,066 742,117 

KIMBERLY CLARK CORP 1,250 122,226 154,113 

LOCKHEED MARTIN CORP 1,835 264,627 560,391 

LYONDELLBASELL NV CL-A 3,040 248,024 275,394 

MARSH & MCLENNAN COS INC 2,085 161,395 162,797 

MAXIM INTEGRATED PRODUCTS INC 6,925 229,316 323,121 

MC CORMICK AND CO NON VOTING 1,215 117,802 115,583 

MEDTRONIC PLC SHS 3A25 274,442 276,124 

MERCK & CO INC NEW COM 4,925 245,249 314,511 

MICROSOFT CORP 11,500 399,686 859,855 

NEXTERA ENERGY INC 4,560 426,318 686,326 

PAYCHEX INC 7,265 330,158 414,323 

PEPSICO INC NC 6,800 677,067 786,964 

PFIZER INC 13,320 437,943 451,814 

PHILIP MORRIS INTL INC 3,715 318,353 434,395 

PUBLIC STORAGE 540 108,418 110,884 

REALTY INCOME CORP 2,895 174,528 166,636 

SEMPRA ENERGY 2,690 306,806 317,232 

TEXAS INSTRUMENTS 6,930 455,076 573,943 

VALERO ENERGY CP DELA NEW 2,505 160,135 170,591 

WCM FOCUSED INTERNATIONAL GROWTH FUND L.P. 9,393i439 11,749,114 

WEC ENERGY GROUP INC COM 7,140 331,278 465,670 

WILLIAMS CO INC 8,560 259,351 254,483 

WCM FOCUSED INTERNATIONAL GROWTH FUND L.P. 5,305 292,740 363,072 

$ 221

soo1

944 $ 28,651.223 

HOLDINGS OF CERTAIN INVESTMENTS WERE DETERMINED TO BE PLAN ASSETS FOR FORM 5500 PURPOSES AND ARE 

SEPARATELY IDENTIFIED HERE BASED ON THE ALLOCATION OF UNDERLYING ASSETS PROVIDED BY THE INVESTMENT 

MANAGER, AS OF THE DATE OF THEIR LATEST AUDITED FINANCIAL STATEMENTS. 

00631 

27 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF REAL ESTATE 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

REAL ESTATE 

CURRENT 

ISSUER NO. OF SHARES COST VALUE 

INVESTMENT PROPERTY· LOT 19 32-43 49TH AVENUE LONG 

ISLAND CITY NY $__---'-'"' 1,025,665 $ 1,485,000

. 1,025,665 $ 11

4ss,ooo $==-==='=== 

. . ,. 28 

00632 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF COMMON/COLLECTIVE TRUST FUNDS 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c). DESCRIPTION (d) (e) 

COMMON TRUST 

FUNDS 

CURRENT 

ISSUER NO. OF SHARES COST VALUE 

RUSSELL 2000 (R) INDX NL FUND 2,797 $ 108,890 $ 271,478 

RUSSELL 2000 (R) INDX SL FUND 124,342 4,847,684 12,066,759 

RUSSELL 1000 (R) GROWTH INDX NL FUND 249,526 7,567,953 20,316,880 

$ 12.524.527 $ 32.655,117 

00633 

29 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF POOLED SEPARATE ACCOUNTS 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

POOLED 

SEPARATE 

ACCOUNTS 

CURRENT 

ISSUER UNITS COST VALUE 

PRUDENTIAL PRISA 262 $ 14 860 400 $ 15,045,248 

$ 14,860,400 $ 151

0451248 

00634 

30 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF REGISTERED INVESTMENT COMPANIES 

AUG,UST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION 

REGISTERED INVESTMENT 

(d) (e) 

COMPANIES 

CURRENT 

ISSUER NO. OF SHARES COST VALUE 

LAZARD GLB LSTD INFR PTF INST 1,019,816 $ 13.958,314 $ 17.000,341 

$ 13,958,314 $ 17,000,341 

• 

00635 

31 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE RECONCILING THE STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS TO 

FORM 5500 

AUGUST 31, 2017 

Per Financial 

Statements Reclassification Per Form 5500 

Assets 

Investments 

Interest bearing cash $ 4,917,984 $ 751,786 $ 5,669,770 

U.S. government securities 23,216,098 23,216,098 

Corporate debt instruments 19,180,576 19,180,576 

Corporate 11,749,114 28,726,407 stock 16,977,293 

Partnership/joint venture interests 12,321,954 (12,321,954) 

Real estate 1,485,000 1,485,000 

Common/collective trust funds 32,655,117 32,655,117 

Pooled separate accounts 15,045,248 15,045,248 

Registered investment companies 17,000,341 17,000,341 

Receivables 12,859,397 77,088 12,936,485 

Cash 3,342,465 3,342,465 

Other assets 168 682 168.682

Total assets 159,170.155 256 034 159.426.189 

Liabilities 

Operating payables 173,980 173,980 

Other liabilities 160 250 256 034 416 284 

Total liabilities 334,230 256 034 590 264 

Net $ 158.835.925 $____- $ 158.835.925 assets available for benefits 

The Plan's holdings in various investments were determined to be plan assets for Form 5500 purposes. 

This schedule reconciles audited financial statement amounts, plus the Plan's share of amounts provided 

by the investment managers to the Form 5500 Schedule H.amounts. 

' 

00636 

32 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULES OF INVESTMENT EXPENSES 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Aberdeen Asset Management 

Building Appraisal Cost 

Bahl & Gaynor 

Bradford & Marzec 

Brandywine Global 

Lynch, Jones, & Ryan and other commission rebates 

Morgan Stanley Smith Barney 

Prudential Insurance 

State Street Global Advisors 

Weaver Barksdale 

Wedge Capital Management 

Wells Capital Management 

Total investment expenses 

2017 

$ 

1,330 

61,487 

55,204 

(1,508) 

81,349 

155,855 

6,278 

24,119 

14,739 

$ 398,853 

$ 

$ 

2016 

838 

65,053 

40,215 

42,466 

(870) 

94,099 

79,493 

14,155 

16,798 

49,346 

879 

402 472 

0 

00637 

33 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULES OF ADMINISTRATIVE EXPENSES 

YEARS ENDED AUGUST 31, 2017 AND 2016 

Payroll 

Payroll taxes 

Employee benefits 

Occupancy 

Office 

Printing 

Legal 

Accounting 

Payroll audits 

Actuarial consulting 

Consulting 

Computer 

Insurance 

Conferences and meetings 

Total administrative expenses 

2017 

$ 257,770 

18,784 

131,222 

60,613 

31,090 

13,306 

262,809 

49,375 

25,882 

233,669 

30,108 

15,136 

184,311 

345 

$ 1314420 

$ 

$ 

2016 

251,408 

18,375 

132,576 

50,674 

34,446 

15,430 

210,508 

45,200 

39,248 

167,809 

27,128 

21,150 

189,875 

320 

1 204 147 

00638 

34 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF INTEREST BEARING CASH 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H. LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) (b) (c) • DESCRIPTION (d) (e) 

INTEREST BEARING CASH 

• 

ISSUER 

MORGAN STANLEY BANK N.A. 

WCM FOCUSED INTERNATIONAL GROWTH FUND LP. 

INTEREST BEARING CASH 

INTEREST 

RATE 

VARIABLE 

VARIABLE 

MATURITY 

DATE 

ON DEMAND 

ON DEMAND 

COST 

$ 419171984 

751 786 

CURRENT 

VALUE 

$ 4,917,984 

751,786 

$ 5,669,770 $ sI

ss9177o 

• PARTY-IN-INTEREST 

HOLDINGS OF CERTAIN INVESTMENTS WERE DETERMINED TO BE PLAN ASSETS FOR FORM 5500 PURPOSES AND ARE 

SEPARATELY IDENTIFIED HERE BASED ON THE ALLOCATION OF UNDERLYING ASSETS PROVIDED BY THE INVESTMENT 

MANAGER, AS OF THE DATE OF THEIR LATEST AUDITED FINANCIAL STATEMENTS. 

, . .. ' 

00639 

19 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF U.S. GOVERNMENT SECURITIES 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

U.S. GOVERNMENT SECURITIES 

PAR OR 

INTEREST MATURITY MATURITY CURRENT 

ISSUER RATE DATE VALUE COST VALUE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FEDERAL NATIONAL MTG ASSN POOL 745525 

UNITED STATES TREASURY NOTE-INFLATION INDEX 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FNMA REMIC TRUST 2010-42 AC 

GOVERNMENT NATIONAL MTG ASSN POOL 004787 

UNITED STATES TREASURY NOTE 

UNITED STATES TREASURY NOTE 

FEDERAL NATIONAL MTG ASSN POOL AR8266 

FEDERAL NATIONAL MTG ASSN POOL MA1138 

FEDERAL NATIONAL MTG ASSN POOL MA1652 

FEDERAL NATIONAL MTG ASSN POOL 759098 

FHLMC 20 YR GOLD C91816 

FHLMC 20 YR GOLD C91820 

FHLMC 20 YR GOLD C91844 

FEDERAL NATIONAL MTG ASSN POOL AS6709 

FHLMC 20 YR GOLD C91925 

FEDERAL NATIONAL MTG ASSN POOL MA0185 

FEDERAL NATIONAL MTG ASSN POOL MA0190 

GOVERNMENT NATIONAL MTG ASSN POOL 737635 

GOVERNMENT NATIONAL MTG ASSN POOL 760306 

GNMA REMIC TRUST 2014-54 A 

FEDERAL NATIONAL MTG ASSN POOL MA0969 

FEDERAL NATIONAL MTG ASSN POOL AX5312 

GOVERNMENT NATIONAL MTG ASSN POOL 774435 

GOVERNMENT NATIONAL MTG ASSN POOL 774439 

FHLMC 30 YR GOLD T65091 

FHLMC 30 YR GOLD U91884 

FEDERAL NATIONAL MTG ASSN POOL AU5874 

1.25% 

1.63% 

1.50% 

1.50% 

1.63% 

5.50% 

0.13% 

1.88% 

2.13% 

2.00% 

4.00% 

4.50% 

2.38% 

2.25% 

2.00% 

3.50% 

3.50% 

5.50% 

3.50% 

3.50% 

3.50% 

3.50% 

3.50% 

5.50% 

5.00% 

5.00% 

4.00% 

2.50% 

3.50% 

4.00% 

3.50% 

3,50% 

3.00% 

3.00% 

4.00% 

05/31/2019 

12/31/2019 

05/15/2020 

07/15/2020 

07/31/2020 

05/01/2021 

04/15/2022 

07/31/2022 

12/31/2022 

05/31/2024 

10/25/2024 

09/20/2025 

05/15/2027 

08/15/2027 

04/01/2028 

07/01/2032 

11/01/2033 

01/01/2034 

03/01/2035 

03/01/2035 

09/01/2035 

02/01/2036 

03/01/2037 

08/01/2039 

09/01/2039 

08/20/2040 

09/20/2041 

10/16/2041 

01/01/2042 

01/01/2042 

07/20/2042 

07/20/2042 

08/01/2042 

08/01/2043 

09/01/2043 

$ 1,038,881 

1,535,052 

250,453 

863,502 

255,430 

34,059 

606,340 

2,750,087 

314,388 

1,313,787 

38,900 

163,120 

504,448 

1,364,899 

309,085 

14,156 

112,953 

317,869 

79,311 

62,353 

169,164 

93,106 

246,509 

60,089 

44,639 

396,702 

87,731 

28,597 

174,981 

27,817 

312,974 

277,858 

379,049 

591,290 

91,746 

$ 1,037,594 

1,516,758 

250,371 

861,808 

251,621 

36,783 

605,715 

2,745,982 

303,516 

1,312,637 

40,286 

175,863 

502,383 

1,363,641 

307,539 

15,245 

117,489 

354,027 

83,673 

65,646 

179,131 

98,926 

256,140 

63,393 

47,303 

422,983 

91,679 

29,021 

178,918 

29,809 

318,842 

283,068 

366,730 

605,149 

96,437 

$ 1,037,826 

1,508,910 

250,655 

861,780 

251,398 

35,639 

608,165 

2,750,257 

305,355 

1,321,220 

39,410 

172,952 

510,840 

1,364,284 

306,362 

14,869 

118,464 

361,957 

83,135 

65,361 

177,311 

97,562 

257,893 

64,655 

47,694 

425,927 

92,737 

28,676 

179,450 

29,645 

326,639 

289,989 

381,596 

595,542 

98,062 

FHLMC 30 YR GOLD G085.67 

FHLMC 30 YR GOLD Q26076 

FHLMC 30 YR GOLD Q26215 

4.00% 

4.00% 

4.00% 

01/01/2044 

05/01/2044 

05/01/2044 

258,719 

104,099 

127,949 

270,685 

108,914 

133,867 

273,653 

110,056 

135,296 

FEDERAL NATIONAL MORTGAGE ASSOC RELOCATION 

LOAN BC5090 

FHLMC 30 YR GOLD G08623 

4.00% 

3.50% 

10/01/2044 

. 01/01/2045 

60,713 

2,606,514 

65,029 

2,738,062 

64,184 

2,703,190 ... FHLMC 30 YR GOLD Q33134 ' 

FHLMC 30 YR GOLD V82155 

FHLMC 30 YR GOLD G08693 

FEDERAL NATIONAL MTG ASSN POOL AS7568 

3.50% 

4.00% 

3.50% 

4.50% 

04/01/2045 

12/01/2045 

02/01/2046 

07/01/2046 

1,228,680 

417,519 

898,935 

107,174 

1,288,098 

447,987 

943,601 

116,856 

1,274,252 

443,651 

932,276 

115,323 

FHLMC 30 YR GOLD G08720 

FHLMC 30 YR GOLD G60703 . 

FEDERAL NATIONAL MTG ASSN POOL AS8142 

FEDERAL NATIONAL MTG ASSN PQOL AS8157 

FHLMC 30 YR GOLD G60857 

FHLMC 30 YR GOLD G08764 

UNITED STATES TREASURY BOND 

FHLMC 30 YR GOLD Q49553 

4.50% 

4.00% 

4.00% 

4.50% 

4.00% 

4,50% 

3.00% 

4.00% 

08/01/2046 

09/01/2046 

10/01/2046 

10/01/2046 

02/01/2047 

05/01/2047 

05/15/2047 

07/01/2047 

40,580 

231,468 

201,067 

236,694 

184,723 

539,559 

477,184 

90 879 

43,414 

248,719 

215,944 

260,992 

194,537 

582,238 

473,206 

95,906 

43,589 

· 24'1,708 

212,544 

254,732 

195,289 · 

579,676 

475,385 

96 077 

20 

00640 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF U.S. GOVERNMENT SECURITIES 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

U.S. GOVERNMENT SECURITIES 

PAR OR 

INTEREST MATURITY MATURITY CURRENT 

ISSUER RATE DATE VALUE COST VALUE 

$ 22,723,781 $ 23,244.161 $ 23,216,098 

~-

00641 

21 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS - PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· 

PREFERRED 

ISSUER 

BB&T CORP 

TOYOTA MOTOR CREDIT CORP 

SIMON PROPERTY GROUP LP 

IBM CORP 

CISCO SYSTEMS INC 

AETNA INC 

ELI LILLY & CO 

ROYAL BANK OF CANADA 

GILEAD SCIENCES INC 

BERKSHIRE HATHAWAY INC 

PRUDENTIAL FINANCIAL INC 

GM FINL AUTO LEASE TR 2016-1 B 

WOLS 2017-A A3 

CHAIT 2015-A5 A 

HOME DEPOT INC 

WALT DISNEY COMPANY/THE 

BANK OF MONTREAL 

JOHN DEERE CAPITAL CORP 

HERSHEY COMPANY 

AFIN 2016-2 B 

CCCIT 2017-A4 A4 

MANUF & TRADERS TRUST CO 

QUALCOMM INC 

AMERICREDIT AUTO RECV 2016-4 C 

AMCAR 17-1C 

NALT2017-AA4 

DCENT 2017-A3 A3 

HYUNDAI AUTO RECV TR 2016-B C 

WELLS FARGO & COMPANY 

FORDO 16-C-C 

BANK OF NY MELLON CORP 

WORLD FIN NETWORK CCMT 2016-C M 

APPLE INC 

BURLINGTN NORTH SANTA FE 

CAMERON INTERNATIONAL CO 

COMET 2016-A7 A7 

TRI-STATE GENERATION & TRANSMIS 

UNION PACIFIC CORPORATIONWFNMT 2016-A 1Y1 

PNC BANK.NA 

US AIRWAYS 2013-1A PTT 

UNITED AIRLINES 2014-1 A PTT 

BANK OF NY MELLON CORP 

WELLS FARGO & COMPANY 

MICROSOFT CORP 

NSTAR ELECTRIC CO 

NOVARTIS CAPITAL CORP 

SSM HEAL TH CARE 

AMER AIRLINE 16-2 AA PTT 

MVWOT 2015·1A A 

BBCCR 2015-GTP B 

SBA 100098 

SBA100100 

INTEREST 

RATE 

1.35% 

2.10% 

2.20% 

1.95% 

2.13% 

2.20% 

1.95% 

2.15% 

2.05% 

2.10% 

2.35% 

2.59% 

2.13% 

1.35% 

1.80% 

1.80% 

2.10% 

1.95% 

4.13% 

2.11% 

1.45% 

2.50% 

3.00% 

2.41% 

2.71% 

2.04% 

1.46% 

2.19% 

3.07% 

1.93% 

2.66% 

1.98% 

3.00% 

3.75% 

3.70% 

1.74% 

3.70% 

3.25% 

2.33% 

3.25% 

3.95% 

4.00% 

2.80% 

3.00% 

3.30% 

3.20% 

3.10% 

3.82% 

3.20% 

2.52% 

4.22% 

3.33% 

3,68% 

MATURITY 

DATE 

10/01/2017 

01/17/2019 

02/01/2019 

02/12/2019 

03/01/2019 

03/15/2019 

03/15/2019 

03/15/2019 

04/01/2019 

08/14/2019 

08/15/2019 

03/20/2020 

04/15/2020 

04/15/2020 

06/05/2020 

06/05/2020 

06/15/2020 

06/22/2020 

12/01/2020 

03/22/2021 

04/07/2022 

05/18/2022 

05/20/2022 

07/08/2022 

08/18/2022 

09/15/2022 

10/17/2022 

11/15/2022 

01/24/2023 

04/15/2023 

05/16/2023 

08/15/2023 

02/09/2024 

04/01/2024 

06/15/2024 

09/16/2024 

11/01/2024 

01/15/2025 

04/15/2025 

06/01/2025 

11/15/2025 

04/11/2026 

05/04/2026 

10/23/2026 

02/06/2027 

05/15/2027 

05/17/2027 

06/01/2027 

06/15/2028 

12/20/2032 

08/10/2033 

03/25/2038 

06/25/2038 

PAR OR 

MATURITY CURRENT 

VALUE COST VALUE 

$ 100,000 $ 99,938 $ 100,000 

100,000 99,915 100,759 

75,000 74,858 75,525 

100,000 99,758 100,590 

100,000 99,929 100,816 

70,000 691930 70,415 

100,000 99,827 100,518 

70,000 69,973 70,604 

70,000 69,879 70,382 

100,000 99,991 100,920 

100,000 99,920 100,710 

39,000 39,684 39,265 

193,000 192,993 194,210 

500,000 499,571 499,860 

250,000 249,855 251,165 

250,000 249,710 250,108 

500,000 499,955 502,310 

250,000 249,848 251,225 

250,000 268,670 267,508 

123,000 122,994 123,403 

174,000 174,000 174,365 

250,000 249,650 252,318 

500,000 499,810 516,200 

60,000 59,775 60,286 

71,000 70,985 71,648 

204,000 203,999 204,369 

131,000 131,000 131,241 

84,000 83,035 84,322 

165,000 165,064 168,632 

134,000 133,320 133,613 

80,000 80,000 80,820 

83,000 82,481 82,417 

110,000 109,952 113,079 

70,000 69,771 75,050 

100,000 99,769 98,224 

157,000 157,603 158,232 

80,000 80,176 83,273 

100,000 99,669 103,911 

. 84,000 _83,986 83,816 

260,000 267,127 268,180 

109,000 91,113 91,756 

80,000 71,019 74,485 

425,000 423,491 422,624 

250,000 249,423 247,175 

130,000 129,539 135,411 

46,000 45,965 47,225 

250,000 247,773 255,695 

145,000 146,073 152,034 

250,000 243,500 246,885 

120,000 58,763 58,843 

135,000 139,040 137,784 

500,000 291,477 297,197 

500,000 377,589 382,093 

00642 

22 
•• 

LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS· PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

· FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· 

PREFERRED 

ISSUER 

TRISTATE GEN&TRANS ASSN 

MS BOFA·ML TRUST2012-C6A·S 

SHELL INTERNATIONAL FINANCE BV 

KAISER FOUNDATION 

COMM MTG TR 2014-CCRE17 B 

SBA TOWER TRUST 2014-1-2 2C 

MSBAM 16-C32 AS 

NY & PRESBYTERIAN HOSPITAL 

SCRT 2017 •2 MA 

INTEREST MATURITY 

RATE DATE 

4.70% 

3.48% 

4.00% 

4.15% 

4.38% 

3.87% 

3.99% 

4.06% 

3.QQ0/o 

11/01/2044 

11/17/2045 

05/10/2046 

05/01/2047 

05/10/2047 

10/15/2049 

12/15/2049 

08/01/2056 

08/25/2056 

PAR OR 

MATURITY 

VALUE 

45,000 

115,000 

52,000 

100,000 

78,000 

90,000 

117,000 

80,000 

193,000 

$10,047.000 

CURRENT 

COST VALUE 

46,330 48,462 

·121,949 119,837 

51,063 52,834 

99,051 107,576 

81,233 82,078 

90,000 92,541 

120,503 124,098 

79,997 81,759 

196174 196,024 

$ 9,659.435 $ 9,768.705 

• 

• 

00643 

23 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS - OTHER 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 - ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

CORPORATE DEBT INSTRUMENTS· OTHER 

PAR OR 

INTEREST MATURITY MATURITY CURRENT 

ISSUER RATE DATE VALUE COST VALUE 

NUCOR CORP 5.75% 12/01/2017 $ 250,000 $ 254,998 $ 252,460 

RALPH LAUREN CORP 2.13% 09/26/2018 200,000 203,102 200,994 

CRANE CO 2.75% 12/15/2018 100,000 99,986 101,093 

BLACK HILLS CORP 2.50% 01/11/2019 70,000 69,914 70,455 

BANK OF AMERICA CORP 2.60% 01/15/2019 100,000 100,279 101,015 

GOLDMAN SACHS GROUP INC 7.50% 02/15/2019 250,000 274,698 269,825 

XILINX INC 2.13% 03/15/2019 70,000 69,634 70,216 

AMERICAN EXPRESS CREDIT 2.13% 03/18/2019 80,000 79,849 80,490 

SUNTRUST BANKS INC 2.50% 05/01/2019 100,000 99,911 101,087 

MATTEL INC 2.35% 05/06/2019 100,000 99,925 100,322 

BP CAPITAL MARKETS PLC 2.24% 05/10/2019 75,000 75,000 75,655 

CVS CAREMARK CORP 2.25% 08/12/2019 100,000 99,944 100,763 

NEXTERA ENERGY CAPITAL 2.40% 09/15/2019 100,000 99,825 100,905 

CONSOLIDATED EDISON INC 2.00% 03/15/2020 250,000 249,918 250,873 

DOMINION ENERGY INC 2.58% 07/01/2020 75,000 75,077 75,718 

BANK OF AMERICA CORP 2.15% 11/09/2020 35,000 35,000 35,034 

SANTANDER UK GROUP HLDGS 3.13% 01/08/2021 70,000 69,989 71,458 

REGIONS FINANCIAL CORP 3.20% 02/08/2021 200,000 199,790 205,336 

AMERICAN EXPRESS CREDIT 2.25% 05/05/2021 300,000 299,817 301,428 

DISCOVER BANK 3.20% 08/09/2021 100,000 99,732 102,619 

THE KROGER CO 2.95% 11/01/2021 100,000 99,968 101,785 

ALABAMA POWER CO 2.45% 03/30/2022 250,000 249,795 252,635 

CHARTER COMMUNICATIONS OPER 4.46% 07/23/2022 145,000 145,000 153,369 

REGIONS FINANCIAL CORP 2.75% 08/14/2022 110,000 109,944 110,729 

INTL LEASE FINANCE CORP 5,88% 08/15/2022 100,000 113,750 113,081 

ALABAMA POWER CO SERS 5.88% 12/01/2022 200,000 245,700 232,846 

NEWMARKET CORP 4.10% 12/15/2022 60,000 61,919 62,679 

ARES CAPITAL CORP 3.50% 02/10/2023 100,000 99,921 99,644 

BANK OF AMERICA CORP 2.88% 04/24/2023 50,000 50,000 50,460 

JPMORGAN CHASE & CO 2.78% 04/25/2023 190,000 190,000 191,571 

ONEOK PARTNERS LP 5.00% 09/15/2023 95,000 94,157 103,161 

KINDER MORGAN INC DE 5.63% 11/15/2023 70,000 77,153 78,024 

FEDEXCORP 4.00% 01/15/2024 75,000 74,871 81,122 

KINDER MORGAN ENERGY PARTNERS 4.15% 02/01/2024 100,000 102,638 103,794 

AMERICAN TOWER CORP 5.00% 02/15/2024 95,000 106,954 105,548 

JUNIPER NETWORKS INC 4.50% 03/15/2024 75,000 74,885 80,366 

HOSPITALITY PROP TRUST 4.65% 03/15/2024 70,b00 69,778 73,980 

ROCKWELL COLLINS INC 3.20% 03/15/2024 50,000 49,856 50,891 

CELGENE CORP 3.63% 05/15/2024 100,000 . 99,659 104,444 

ENABLE MIDSTREAM PARTNER 3.90% 05/15/2024 85,000 75,419 85,139 

PACIFIC GAS & ELECTRIC 3.40% 08/15/2024 100,000 99,925 104,732 

CBS CORP 3.70% 08/15/2024 10U,000 99,76.0 103,562 

MOTOROLA SOLUTIONS INC 4.00% 09/01/2024 55,000 55,630 56,456 

TRINITY INDUSTRIES INC 4.55% 10/01/2024 45,000 42,995 45,586 

COMCAST CORP. 3.38% 02/15/2025 100,000 99,912 103,703 

SHERWIN WILLIAM CO 3.45% 08/01/2025 55,000 55,606 56,035 

HAWAll.6:N AIRLINES 12-1A 3.90% 01/15/2026 125,000 101,232 103,995 

HOLL YFRONTIER CORP 5.88% 04/01/2026 55,000 55,054 59,712 

CITIGROUP INC 3.40% 05/01/2026 250,000 249,495 252,230 

EAGLE MATERIALS INC 4.50% 08/01/2026 95,000 99,201 99,038 

TEVA PHARMACEUTICALS NE 3.15% 10/01/2026 110,000 103,580 101,171 

FLOWERS FOODS INC 3.50% 10/01/2026 50,000 49,916 49,918 

KITE RLTY GROUP LP SR GLBL 4.00% 10/01/2026 55,000 54,779 53,276 

CITIGROUP INC 3.20% 10/21/2026 250,000 249,853 247,493 

l;., 00644

• 

24 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE DEBT INSTRUMENTS - OTHER 

AUGUST 31; 2017 

EIN 51-6099111, PLAN. NO. 902 

FORM 5500. SCHEDULE H, LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) 

ISSUER 

GOLDMAN SACH GROUP INC 

PLAINS ALL AMER PIPELINE 

FIBRIA OVERSEAS FINANCE 

HEXCELCORP 

HEXCELCORP 

EXPRESS SCRIPTS HLDGS 

RPM INTERNATIONAL INC 

PHYSICIANS RLTY LP SR NT 

MERCURY GENERAL CORP 

WYNDHAM WORLDWIDE CORP 

DOLLAR GENERAL CORP 

CITIGROUP INC SR NT 

JPMORGAN CHASE & CO 

THE PRICELINE GROUP INC 

MORGAN STANLEY 

FORD MOTOR CO 

AMERADA HESS CORP 

TORONTO-DOMINION BANK 

AT&T INC 

ENBRIDGE ENERGY PARTNERS LP 

TRANSATLANTIC HLDGS INC 

SBA TOWER TRUST 

MOTOROLA SOLUTIONS INC 

ANHEUSER-BUSCH INBEV FIN 

SYSCO CORPORATION 

JPMBB COML MTG SEC 2014-C21 C 

MS BOFA ML TRUST 2016-C28 C 

RABOBANK NEDERLAND CPN 

TRANSCANADATRUST 

(c) • DESCRIPTION 

CORPORATE DEBT INSTRUMENTS· OTHER 

PAR OR 

INTEREST MATURITY MATURITY 

RATE DATE VALUE 

3.50% 11/16/2026 150,000 

4.50% 12/15/2026 55,000 

5.50% 01/17/2027 45,000 

3.95% 02/15/2027 240,000 

3.95% 02/15/2027 85,000 

3.40% 03/01/2027 55,000 

3.75% 03/15/2027 110,000 

4.30% 03/15/2027 55,000 

4.40% 03/15/2027 115,000 

4.50% 04/01/2027 85,000 

3.88% 04/15/2027 250,000 

3.89% 01/10/2028 105,000 

3.78% 02/01/2028 105,000 

3.55% 03/15/2028 105,000 

3.59% 07/22/2028 105,000 

6.38% 02/01/2029 250,000 

7.88% 10/01/2029 70,000 

3.6_3% 09/15/2031 105,000 

4.90% 08/14/2037 120,000 

7.50% 04/15/2038 80,000 

8.00% 11/30/2039 75,000 

3.60% 04/15/2043 30,000 

5,50% 09/01/2044 80,000 

4.90% 02/01/2046 55,000 

4.50% 04/01/2046 80,000 

4.82% 08/16/2047 35,000 

4.75% 01/15/2049 50,000 

11.00% 09/18/2057 85,000 

5.30% 03/15/2077 100,000 

(d) 

COST 

147,827 

55,277 

44,321 

238,942 

84,582 

52,307 

109,844 

54,822 

114,824 

84,809 

249,815 

104,859 

107,037 

104,914 

105,000 

285,515 

87,124 

104,770 

120,049 

97,650 

96,757 

30,638 

80,994 

62,254 

80,091 

35,455 

52,738 

114,408 

100,000 

(e) 

CURRENT 

VALUE 

151,134 

56,340 

46,940 

248,993 

88,185 

54,669 

113,040 

56,773 

118,941 

86,471 

261,280 

108,437 

108,970 

105,975 

106,401 

294,465 

84,360 

105,203 

121,229 

101,999 

102,661 

30,014 

82,054 

62,701 

85,107 

35,659 

53,073 

97,860 

103,016 

$ 9,070,000 $ 9,272,316 $ 9,411.871 

00645 

25 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE STOCK- PREFERRED 

AUGUST 31, 2017 

EIN 51-6099111; PLAN NO. 002 

FORM 5500. SCHEDULE H. LINE 41 -ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(c) • 

(b) DESCRIPTION (d) (e) 

PREFERRED 

STOCK 

NO.OF CURRENT 

ISSUER SHARES COST VALUE 

COBANK ACB 6.25% SER F 700 $ 73 675 $ 75184 

$ 73 675 $ 75184 

., 

-· 

' 

• 

,, 00646 

26 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF CORPORATE STOCK- COMMON 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 - ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

{c). 

(b) DESCRIPTION {d) (e) 

COMMON 

STOCK 

NO.OF CURRENT 

ISSUER SHARES COST VALUE 

3M COMPANY 2,280 $ 317,504 $ 465,850 

ABBOTT LABORATORIES 9,100 379,423 463,554 

ABBVIE INC COM 5,280 269,554 397,584 

AIR PROD & CHEM INC 3,125 445,712 454,281 

ALTRIA GROUP INC 7,205 289,663 456,797 

AMGEN INC 1,895 325,855 336,874 

AUTOMATIC DATA PROCESSING INC 1,055 65,052 112,326 

BB &TCORP 14,890 574,467 686,280 

BLACKROCK INC 840 255,898 351,968 

CISCO SYS INC 18,080 406,881 582,357 

CROWN CASTLE (NTL CORP 4,615 388,864 500,451 

ENBRIDGE INC 11,829 380,926 473,042 

EXXON MOBIL CORP 5,035 428,901 384,322 

HASBRO INC 3,335 181,685 327,664 

HOME DEPOT INC 3,865 452,776 579,248 

HONEYWELL INTERNATIONAL INC 4,190 535,699 579,351 

ILL TOOL WORKS INC 1,305 148,297 179,451 

JOHNSON & JOHNSON 4,460 394,344 590,370 

JPMORGAN CHASE & CO 8,165 525,066 742,117 

KIMBERLY CLARK CORP 1,250 122,226 154,113 

LOCKHEED MARTIN CORP 11835 264,627 560,391 

LYONDELLBASELL NV CL-A 3,040 248,024 275,394 

MARSH & MCLENNAN COS INC 2,085 161,395 162,797 

MAXIM INTEGRATED PRODUCTS INC 6,925 229,316 323,121 

MC CORMICK AND CO NON VOTING 1,215 117,802 115,583 

MEDTRONIC PLC SHS 3,425 274,442 276,124 

MERCK & CO INC NEW COM 4,925 245,249 314,511 

MICROSOFT CORP 11,500 399,686 859,855 

NEXTERAENERGYINC 4,560 426,318 686,326 

PAYCHEX INC 7,265 330,158 414,323 

PEPSICO INC NC 6,800 677,067 786,964 

PFIZER INC 13,320 437,943 451,814 

PHILIP MORRIS INTL INC 3,715 318,353 434,395 

PUBLIC STORAGE 540 108,418 110,884 

REALTY INCOME CORP 2,895 174,528 166,636 

SEMPRA ENERGY 2,690 306,806 317,232 

TEXAS INSTRUMENTS 6,930 455,076 573,943 

VALERO ENERGY CP DELA NEW 2,505 160,135 170,591 

WCM FOCUSED INTERNATIONAL GROWTH FUND L.P. 9,393,439 11,749,114 

WEC ENERGY GROUP INC COM 7,140 331,278 465,670 

.WILLIAMS CO INC 8,560 259,351 254,483 

WCM FOCUSED INTERNATIONAL GROWTH FUND L.P. 5,305 292.740 363,072 

$ 22.500,944 $ 28,651,223 

HOLDINGS OF CERTAIN INVESTMENTS WERE DETERMINED TO BE PLAN ASSETS FOR FORM 5500 PURPOSES AND ARE 

SEPARATELY IDENTIFIED HERE BASED ON THE ALLOCATION OF UNDERLYING ASSETS PROVIDED BY THE INVESTMENT 

MANAGER. AS OF THE DATE OF THEIR LATEST AUDITED FINANCIAL STATEMENTS. 

00647 

27 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF REAL ESTATE 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) 

ISSUER 

INVESTMENT PROPERTY· LOT 19 32-43 49TH AVENUE LONG 

ISLAND CITY NY 

(c) • DESCRIPTION 

REAL ESTATE 

NO. OF SHARES 

$ 

(d) 

COST 

1 025 665 

(e) 

CURRENT 

VALUE 

$ 1,485,000 

$ 1,025,665 $ 1,485,000 

' 

00648 

28 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF COMMON/COLLECTIVE TRUST FUNDS 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41. ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) (c) • DESCRIPTION (d) (e) 

COMMON TRUST 

FUNDS 

CURRENT 

ISSUER NO. OF SHARES COST VALUE 

RUSSELL 2000 (R) INDX NL FUND 

RUSSELL 2000 (R) INDX SL FUND 

RUSSELL 1000 (R) GROWTH INDX NL FUND 

2,797 

124,342 

249,526 

$ 108,890 

4,847,684 

7,567,953 

$ 271,478 

12,066,759 

20,316.880 

$ 12,524,527 $ 3216551117 

00649 

29 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF POOLED SEPARATE ACCOUNTS 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500, SCHEDULE H, LINE 41 • ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) 

ISSUER 

PRUDENTIAL PRISA 

(c) • DESCRIPTION 

POOLED 

SEPARATE 

ACCOUNTS 

UNITS 

262 

(d) 

COST 

$ 14.860.400 $ 

(e) 

CURRENT 

VALUE 

15.045,248 

$ 14.860.400 $ 15 045 248 

00650 

30 
,• I 

LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

SCHEDULE OF REGISTERED INVESTMENT COMPANIES 

AUGUST 31, 2017 

EIN 51-6099111, PLAN NO. 002 

FORM 5500. SCHEDULE H, LINE 41- ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR 

(a) NOT APPLICABLE 

(b) 

ISSUER 

LAZARD GLB LSTD INFR PTF INST 

(c) • DESCRIPTION 

REGISTERED INVESTMENT 

COMPANIES 

NO. OF SHARES 

11019,816 

(d) 

COST 

$ 13,958,314 

(e) 

CURRENT 

VALUE 

$ 17,000,341 

$ 1319581314 $ 17,000,341 

00651 

31 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

Rehabilitation Plan 

Background on the Pension Fund 

Local 807 Labor-Management Pension Fund (the "Fund" or the "Plan") covers Teamsters 

in a variety ofindustries including, but not limited to wholesale building supply 

distributors, compressed gas distributors, exposition facilitators, andpublic 

warehouse/distribution companies. The signatory companies in many ofthese industries 

have experienced declines in workforce forcing bankruptcies due to non°union 

competition, deregulation ofthe trucking industry, the economic condition ofthe country, 

downturn in construction in the greater New York City area, improvements oftechnology 

and outsourcing ofjobs. For year ending August 31, 1993, active work for which 

employers made contributions to the Fund was 3,749,000 hours. That number declined to 

1,546,363 hours by year ending August 31, 2010. As ofAugust 31, 1993, the Fund had 

2,120 active participants, I,116 inactive vested participants and 4,050 pensioners and 

beneficiaries, a ratio of 2.44 nonactive participants for every I active participant. By 

August 31, 2010, there were only 900 active participants, 1,026 inactive vested 

participants and 3,337 pensioners and beneficiaries resulting in a ratio of 4.85 nonactive 

participants for every I active participant. There have been a significant number of 

bankruptcies and withdrawals of contributing companies to the Fund. The ratio of actives 

to inactive participants declined further in the Plan Year commencing September I, 20 I 0 

due to the downturn ofthe United States economy and the slumping building industry in 

the New York City area. 

The Fund's covered population also has aged over the years. The average age ofactive 

employees at the beginning of2002 was 45.0 years old; that average grew to 49.1 years 

old in 2010. The average pensioner was 72.3 years old in 2002 and it was 74.9 years old 

in 2010. This leads to a smaller and older workforce generating employer contributions to 

the Pension Fund for a shorter period oftime to provide lifetime monthly benefits to 

pensioners and beneficiaries who are living longer. 

Due to the recent stock market volatility, the Fund has experienced lower investment 

returns than usual. For the ten years ended August 31, 2002, the Fund had a five year 

average investment return of3.54% and a ten year average investment return of 6.55%. 

For the ten years ended August 31, 2010, the Fund had a _five year average investment 

return of-0.86% and a ten year average investment return of-0.46%. In 2009 alone, the 

Fund experienced a negative 18.32% return resulting in a loss ofmore than $45,000,000. 

The Trustees have sought to address these issues over recent years. To deal with the 

impact ofthe investment losses and other detrimental factors, the Trustees recommended 

that the bargaining parties obtain additional contributions into the Fund. Over the past 

five years, for example, the Pension Fund contribution rates for all contributing 

Employers increased by an average of6.5% per year. The Trustees also amended the Plan 

. ' ' . 

1 

00652 
in September, 2001 to cap the accrual rate at the $4.315 contribution rate. In 2010, the 

Trustees adopted a career average method of calculating future accruals, equating such 

~ accruals on a more reasonable basis to contributions, all in an effort to b,e,tter fund the 

Plan. 

The significant investment loss of 2008, coupled with the cash flow issues related to the 

reduction in active participants, has led the Fund to a position ofpossible insolvency, or 

at best, a significantly longer period of time to emerge from Critical Status than required 

by ERISA § 305. 

Rehabilitation Plan Development 

Section 305 of the Employee Retirement Income Security Act (ERISA) and Section 432 

ofthe Internal Revenue Code (IRC), as added by the Pension Protection Act of2006 

("PP A"), require the Trustees of a multiemployer pension fund that has been certified by 

its actuary as being in Critical Status ( also known as the "Red Zone") to develop a 

Rehabilitation Plan. Generally, the Rehabilitation Plan should enable a fund to cease to 

be in Critical Status by the end ofthe Rehabilitation Period. However, ifthe Trustees 

determine, based upon the exhaustion of all reasonable measures that a fund cannot 

reasonably be expected to emerge by the end ofthe Rehabilitation Period, the 

Rehabilitation Plan should be designed to enable the fund to cease to be in Critical Status 

at a later date ifpossible, or to forestall possible insolvency. The Rehabilitation Plan must 

be based on reasonably anticipated experience and on reasonable actuarial assumptions, 

and may adopt such reasonable measures as the Trustees deem necessary. 

On November 29, 2010, the Fund was certified by its actuaries to be in Critical Status for 

the Plan Year beginning September I, 2010. As required by law, the Board ofTrustees 

forwarded a Notice ofCritical Status ("Notice") to the Teamsters Local Union No. 807 

(the "Union") and the employers contributing to the Fund ("Employers") (referred to 

collectively as the "bargaining parties"), participants, beneficiaries, the Pension Benefit 

Guaranty Corporation and the Department ofLabor. The Notice advised that(!) the Fund 

is in Critical Status for the 2010 Plan Year; (2) all ofthe adjustable benefits supported 

under the Plan could be eliminated or reduced pursuant to a Rehabilitation Plan; (3) any 

reductions pursuant to the Rehabilitation Plan would apply only to participants and 

beneficiaries whose benefit commencement date is after December 27, 201 O; and ( 4) 

Employers are obligated to pay a 5% contribution surcharge to the Fund, for wqrk 

performed on and after January 26, 2011. The 5% surcharge will increase to 10% 

beginning with contributions received on or after September 1, 2011 and will continue 

until the earlier of (1) the date the Fund emerges from Critical Status; (2) the effective 

date of a collective bargaining agreement ("CBA") that is in compliance with this 

Rehabilitation Plan; or (3) the date the contribution increases described below become 

effective with respect to an Employer because the bargaining parties fail to adopt a CBA 

in compliance with the Rehabilitation Plan within the time period required by Section 

305(e)(C)(ii) ofERISA. The surcharges will continue until the CBA is signed, and the 

required increase in contributions will be retroactive to the date the CBA is effective. • . <· 

2 

00653 
The schedule of contribution increases and benefit reductions attached to this 

Rehabilitation Plan (Schedule "A") and embodied herein will be provided to the 

bargaining parties no later than the thirtieth day after the Board ofTrustees adopt this 

Rehabilitation Plan. Any new CBA entered into by the bargaining parties or any other 

agreement calling for participation in the Fund after it is so provided must reflect the 

terms ofthe most recently issued Schedule A. Ifthe bargaining parties cannot reach an 

agreement concerning the adoption of Schedule A, Schedule A is to be treated as the 

Default Schedule and will become effective on the date specified in ERISA Section 

305( e )(3)(C)(ii). In the case of an Employer that contributes to the Fund only with respect 

to employees not covered by a CBA, that Employer's agreement with the Fund providing 

for contributions to the Fund will be treated as a CBA that expires on August 31, 2011. 

The Board ofTrustees will review the Fund's Rehabilitation Plan annually and will 

update the Rehabilitation Plan as required by law. In addition, the Board ofTrustees will 

continue to consider all options available to the Fund, including but not limited to 

reducing Fund expenditures, taking advantage of any changes in law, or exploring a 

merger with another plan. The Board ofTrustees has the sole discretion to amend and 

construe this Rehabilitation Plan. 

This Rehabilitation Plan: 

1. specifies the Rehabilitation Period; 

2. describes alternatives the Trustees considered when preparing the Rehabilitation 

Plan; 

3. explains why the Trustees concluded that there are no reasonable measures that 

would enable the Plan to emerge from Critical Status in the time frame prescribed by 

ERISA § 305; 

4. includes remedies and a schedule of benefits and contributions (Schedule A) that 

are projected to enable the Fund to postpone the projected date ofinsolvency and/or 

cause the Fund to emerge from Critical Status; 

5. explains that the Default Schedule will be put into effect automatically ifthe 

bargaining parties do not agree on an acceptable schedule in a timely manner; and 

6. sets out the annual standard to be achieved under the Rehabilitation Plan and 

explains that the Rehabilitation Plan will be updated from time to time'. 

Rehabilitation Period 

The Fund's Rehabilitation Period is the 24 year period beginning on September!, 2013 

and ending on August 31, 2037. 

3 

00654 
Rehabilitation Plan Standard 

The Fund's Board ofTrustees has determined that based on reasonable actuarial 

assumptions, and upon exhaustion of all reasonable measures, the Fund cannot be 

reasonably expected to emerge from Critical Status within the time frame prescribed by 

ERISA § 305 (the "Prescribed Period"). Accordingly, pursuant to ERISA Section 

305(e)(3)(A)(ii), the Board ofTrustees is adopting reasonable measures in this 

Rehabilitation Plan to forestall insolvency (as defined by ERISA Section 4245) and/or 

emerge from Critical Status over a projected period oftime. 

The Board ofTrustees considered a number of actions, options, and alternatives that 

might permit the Fund to emerge from Critical Status by the end ofthe Prescribed Period. 

The Trustees have determined the remedies necessary for such a result as being 

!Jnreasonable measures that would be untenable or counter productive and adverse to the 

Fund and its participants. The remedies considered included the following: 

• The Fund's actuary projected that ifthere were no changes to the Plan's current 

schedule of benefits, Employers would need to increase their current contribution 

rates by at least 27 .5% per year for the next ten years to emerge from Critical 

Status by September 1, 2023. This means the current $4. 7065 average hourly 

contribution rate would need to increase to an average contribution rate of$53.43 

per hour. 

• The Fund's actuary projected that iffuture accrual rates are reduced to the 

minimum level allowed by law in a default schedule (the equivalent of 1 % of 

contributions), all adjustable benefits are eliminated and all future contribution 

increases are supplemental (meaning that the increased rates do not increase the 

future credit multiplier in the Plan), Employers would need to increase their 

current contribution rates by at least 21.5% per year, compounded each year, from 

the start ofthe next collective bargaining agreement through September 1, 2023 to 

emerge from critical status. This means the current $4.7065 average contribution 

rate would need to increase to an average of$33.00 per hour. 

The Trustees concluded that there are no reasonable measures that will enable the Plan to 

emerge from Critical Status in the Prescribed Period for the following reasons: 

• The Trustees noted that the final contribution rates needed to emerge from critical 

status by September 1, 2023 were more than the current hourly wage rates for the 

majority ofthe participants in this Fund. Even higher final rates would be needed 

to emerge from critical status at a later date. 

• The Trustees noted that a complete freeze offuture benefit.accruals would · 

provide little incentive for participants to support contribution rate increases, 

especially since those increases would need to be financed by reductions in health 

fund contributions and wages. 

• The Trustees noted the financial pressure on current contributing Employers, and 

how any significant increases in future contributions would put the operation of 

these companies in question, thus jeopardizing the future contribution source of 

4 

00655 
the Fund. Significant increases would likely result in withdrawals of contributing 

Employers requiring even larger and more unreasonable contribution rate 

increases from any remaining contributing Employers to enable the Plan to 

emerge from Critical Status. 

Trustee-Approved Rehabilitation Plan Remedies 

The Board ofTrustees concluded that annual contribution rate increases in excess of 

those called for under Schedule A were not reasonable and could trigger a mass 

withdrawal and significant losses to the Fund and its participants. Therefore, the Trustees 

concluded that contributions required to ever emerge from Critical Status within the time 

frame prescribed by BRISA would be unreasonable and the Rehabilitation Plan could 

only reasonably be expected to forestall insolvency or emerge from Critical Status over a 

much longer period oftime. Based on this, the Trustees have adopted the following 

reasonable measures to forestall insolvency, and/or eventually emerge from Critical 

Status which the Trustees have determined to be the most the Fund can reasonably take 

given the financial condition ofthe various industries in which the contributing 

employers are engaged and the need to maintain active participant support for the Plan. 

Schedule ofContribution Rate Increases and Benefit Changes 

Contribution Rate Increases for Contributing Employers 

Contribution rate increases of45 cents per hour per year will be required for any 

collective bargaining agreement that becomes effective after September 1, 2011. All 

increases in hourly rates will be supplemental after September 1, 2011, and therefore will 

not cause any increase in future service accruals, except as provided herein. 

The impact of these increases in contribution rates will be evaluated annually and will be 

adjusted based on the financial conditions ofthe signatory employers and experience of 

the Fund. 

Collective bargaining agreements between the union and contributing employers that are 

agreed to after September 1, 2011 will not be accepted by the Trustees unless they 

include terms consistent with this Schedule. 

• 

5 

00656 
Benefit Changes for Active Participants 

The accrual rate as defined in Article III ofthe Plan Document after February 1, 2012 

will be the lesser of 1 % ofthe product of(a) the number of hours for which contributions 

are due on behalf ofthe participant in a Plan Credit Year and (b) the contribution rate in 

effect for his employer prior to its first contribution increase on or after September 1, 

2011 (regardless ofsurcharges) or the accrual rate under the plan as of September 1, 

2011. 

Non-protected and adjustable benefits for all participants and whose annuity starting date · 

is on or after September 1, 2011, are eliminated as follows: 

1. Those retiring on an Early Retirement Pension shall have their benefits reduced 

in accordance with Schedule B attached to this Rehabilitation Plan eliminating all 

subsidies previously afforded. 

2. All Service Pensions will no longer be available. 

3. The 60-month guarantee will no longer apply. 

4. Actuarial reduction for a Joint and Survivor Pension will reflect the elimination of 

the 60-month guarantee. The Joint and Survivor Factors set forth in Schedule C attached 

to this Rehabilitation Plan will apply. 

5. All future contribution increases after September 1, 2011 will not be used towards 

the calculation of any future accruals. 

6. The Disability Pension will not be payable to anyone who has an Annuity Starting 

Date of September 1, 2011 or later and who has not submitted a complete application, 

with all required information, prior to that date. 

7. The Death Benefit provided in Section 3 .19 ofthe Plan. 

8. Eliminate the Social Security Level Income Option pursuant to Section 3.17 of 

the Plan. 

Benefit Changes for Non-active Participants 

Notwithstanding any other terms ofthis Rehabilitation Plan or the Schedules provided 

under it, the benefits ofretired participants whose annuity starting date was before 

September 1, 2011 will not be eliminated or reduced, regardless of a subsequent 

resumption of Covered Employment. 

Participants who have terminated ( or will terminate) covered service or whose annuity 

starting date is on or after September 1, 201 1, will have their benefits reduced in 

6 

00657 
accordance with the benefit changes described in this Rehabilitation Plan, effective as of 

the earliest date permitted after the provision oflegally required advance notice. 

The benefits of a beneficiary ( e.g. surviving spouse) or of an Alternate Payee under a 

QDRO will be determined on the same basis as those ofthe participant under this 

Rehabilitation Plan. 

Reciprocal Pension Benefits 

To the extent that a participant's pension benefit is greater than what is provided under 

the terms ofthis Rehabilitation Plan as a result ofthe impact from an existing reciprocal 

agreement, that agreement is deemed to be amended by the terms ofthis Rehabilitation 

Plan such that no benefit paid to a participant by this Fund is greater than the benefits 

prescribed herein. 

Adoption and Automatic Implementation of Schedule A 

Consistent with Section 305(c)(7) ofERISA, if a collective bargaining agreement 

providing for contributions to the Fund that was in effect on September I, 2011 expires 

and after receiving the Rehabilitation Plan Schedule, the bargaining parties fail to adopt 

contribution terms consistent with the Rehabilitation Plan, Schedule A and its 

contribution provisions will be implemented automatically as the default schedule! 80 

days after the date on which the collective bargaining agreement expires. Any CBA that 

expired prior to September I, 2011 and has not been renewed with a successor 

agreement, will be considered expired as of September I, 2011 for the sake ofthis 

paragraph. 

Automatic Employer Surcharges 

Pursuant to Section 305(e)(7) ofERISA, each employer otherwise obligated to make 

contributions in the initial critical year shall be obligated to pay to the Plan a surcharge 

equal to 5 percent (5%) of contributions otherwise required under the applicable CBA. 

Beginning with contributions received on or after September 1, 2011 and for each 

succeeding plan year in which the Plan is in critical status, the surcharge shall be 10 

percent (10%) ofthe contributions. 

The surcharges will continue until the earlier of(l) the date the Fund emerges from 

Critical Status; (2) the effective date ofa CBA that is in compliance with this 

Rehabilitation Plan; or (3) the date the contribution increases provided herein become 

effective with respect to an Employer because the bargaining parties fail to adopt a CBA 

in compliance with the Rehabilitation Plan within the time period required by Section 

305(e)(C)(ii) ofERISA. The surcharges will continue until the CBA is signed, and the 

required increase in contributions will be retroactive to the date the CBA is effective. 

The surcharge under this paragraph shall not apply to an employer until 30 days after the 

employer has been notified that the Plan is in critical status and that the surcharge is in 

effect. Notwithstanding any provision ofthe Plan to the contrary, the amount of any 

7 

00658 
surcharge under this paragraph shall not be the basis for any benefit accrual under the 

Plan. 

The surcharges are due and payable on the same schedule as contributions. Any failure to 

make a surcharge payment shall be treated as a delinquent contribution under Section 

1145 ofERIS~. 

Annual Standards for Meeting the Rehabilitation Requirements 

Based on reasonable assumptions, and implementation ofthe provisions of Schedule A 

hereof, the Fund is projected to emerge from critical status by September 1, 203 7. The 

Trustees recognize the possibility that actual experience could be less favorable on an 

annual basis than the reasonable assumptions used for the Rehabilitation Plan. Therefore, 

the Trustees are establishing the following annual standards: 

Determination for Year Projected Credit Balance 

Ending Amrnst 31 (in millions) 

2014 $43 

2015 21 

2016 -3 

2017 -27 

2018 -52 

2019 -78 

2020 -106 

2021 -134 

2022 -144 

2023 -148 

2024 -151 

2025 -154 

2026 -150 

2027 -143 

2028 -134 

2029 -128 

2030 -119 

2031 -110 

2032 -99 

2033 -87 

2034 -73 

2035 -57 

2036 -40 

2037 -21

2038 0 

8 

00659 
Restrictions on Plan Changes While in Critical Status 

While the Plan is in Critical Status the following shall apply: (I) A CBA cannot be 

accepted that adversely affects the Plan's funding status; (2) Amendments cannot be 

'· passed that are inconsistent with the Rehabilitation Plan; (3) Amendments cannof be 

passe~at.increase b.enefits, unless they are paid for with contributions not requ'ired oy· 

the Rehabilitation Plan; (4) Amendments cannot be passed that increase the liabilities of 

the Plan, unless required by law; (5) The Plan cannot pay benefits such as lump sums or 

Social Security level-income options and (6) no annuity purchases can be made (small 

lump sum distributions permitted if consistent with the Plan). 

Annual Updating ofRehabilitation Plan 

Each year the Fund's actuary will review and certify the status ofthe Fund under 

applicable BRISA and IRC funding rules and, starting with the 2013 plan year, whether 

the Fund is making the scheduled progress in meeting the requirements ofthe 

Rehabilitation Plan. Ifit is determined that it is necessary in light of updated information, 

the Trustees will revise the Rehabilitation Plan and present updated schedules to the 

bargaining parties. Notwithstanding subsequent changes in benefit and contribution 

schedules, a schedule provided by the Trustees and relied upon by the bargaining parties 

in negotiating a collective bargaining agreement shall remain in effect for the duration of 

that collective bargaining agreement. However, a collective bargaining agreement that is 

renewed or extended will need to include terms consistent with the schedule in effect at 

the time ofthe renewal or extension. 

9 

00660 
SCHEDULEA 

1. Contribution Increases 

\ $.45 per hour in each contract year."' 

2. Future Benefit Accruals 

The accrual rate as defined in Article III ofthe Plan Document after February 1, 

2012 will be the lesser of 1% ofthe product of(a) the number ofhours for which 

contributions are due on behalfof a participant in a Plan Credit Year and (b) the 

contribution rate in effect for his employer prior to its first contribution increase 

(regardless of surcharges) on or after September 1, 2011 required to be made with respect 

to a participant or the accrual rate under the Plan as of September 1, 2011. 

3. Adjustable Benefits 

• Those retiring before Early Retirement Pension shall have their benefits 

reduced in accordance with Schedule B attached to this Rehabilitation 

Plan eliminating all subsidies previously afforded. 

• All Service Pensions will no longer be available. 

• The 60-month guarantee will no longer apply. 

• Actuarial reduction for a Joint and Survivor Pension will reflect the 

elimination ofthe 60-month guarantee. The Joint and Survivor Factors set 

forth in Schedule C attached to this Rehabilitation Plan will apply. 

• All future contribution increases after September 1, 2011 will not be used 

towards the calculation of any future accruals. 

• The Disability Pension will not be payable to anyone who has an Annuity 

Starting Date of September 1, 2011 or later and who has not submitted a 

complete application, with all required information, prior to that date. 

• The Death Benefit provided in Section 3 .19 ofthe Plan. 

• The Social Security Level Income Option pursuant to Section 3.17 ofthe 

Plan is eliminated. 

11 

00661 
SCHEDULED 

Early Retirement Factors for Rehabilitation Plan 

Early retirement benefit is calculated by multiplying the Regular Pension benefit by the 

factor below corresponding with the age of a participant at Early Retirement date. 

Age Factor 

55 36.59% 

56 40.12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

Note: Reductions for fractional ages are interpolated based on the above. 

12 

00662 
SCHEDULEC 

J&S Factors for Rehabilitation Plan 

50% joint and survivor: 

88% plus 0.4% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.4% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of99%. 

75% joint and survivor: 

83% plus 0.5% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.5% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of 99%. 

f:\Jocal 807\rehab plan\plan final version 6·23-1 I.doc 

13 

00663 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

First Amended Rehabilitation.Plan 

Background on the Pension Fund 

Local 807 Labor-Management Pension Fund (the "Fund" or the "Plan") covers Teamsters 

in a variety ofindustries including, but not limited to wholesale building supply 

distributors, compressed gas distributors, exposition facilitators, and public 

warehouse/distribution companies. The signatory companies in many ofthese industries 

have experienced declines in workforce forcing bankruptcies due to non-union 

competition, deregulation ofthe trucking industry, the economic condition ofthe country, 

downturn in construction in the greater New York City area, improvements oftechnology 

and outsourcing ofjobs. For year ending August 31, 1993, active work for which 

employers made contributions to the Fund was 3,749,000 hours. That number declined to 

1,546,363 hours by year ending August 31, 2010. As of August 31, 1993, the Fund had 

2,120 active participants, 1,116 inactive vested participants and 4,050 pensioners and 

beneficiaries, a ratio of 2.44 nonactive participants for every 1 active participant. By 

August 31, 2010, there were only 900 active participants, 1,026 inactive vested 

participants and 3,337 pensioners and beneficiaries resulting in a ratio of4.85 nonactive 

participants for every 1 active participant. There have been a significant number of 

bankruptcies and withdrawals of contributing companies to the Fund. The ratio of actives 

to inactive participants declined further in the Pla:n Year commencing September 1, 2010 

due to the downturn of the United States economy and the slumping building industry in 

the New York City area. 

The Fund's covered population also has aged over the years. The average age of active 

employees at the beginning of2002 Was 45.0years old; that average grew to 49.1 years 

old in 2010. The average pensioner was 72.3 years old in 2002 and it was 74.9 years old 

in 2010. This leads to a smaller and older workforce generating employer contributions to 

the Pension Fund for a shorter period oftime to provide lifetime monthly benefits to 

pensioners and beneficiaries who are living longer. 

Due to the recent stock market volatility, the Fund has experienced lower investment 

returns than usual. For the ten years ended August 31, 2002, the Fund had a five year 

average investment return of 3.54% and a ten year average investment return of 6.55%. 

For the ten years endeq August 31, 2010, the Fund had a five year average investment 

return of -0.86% and a ten year average investment return of-0.46%. In 2009 alone, the 

Fund experienced a negative 18.32% return resulting in a loss of more than $45,000,000. 

The Trustees have sought to address these issues over recent years. To deal with the 

impact of the investment losses and other detrimental factors, the Trustees recommended 

that the bargaining parties obtain additional contributions into the Fund. Over the past 

five years, for example, the Pension Fund contribution rates for all contributing 

Employers increased by an average of 6.5% per year. The Trustees also amended the Plan 

1 

00664 
in September, 2001 to cap the accrual rate at the $4.315 contribution rate. In.2010, the 

Trustees adopted a career average method ofcalculating future accruals, equating such 

accruals on a more reasonable basis to contributions, all in an effort to better fund the 

Plan. 

The significant investment loss of 2008, coupled with the cash flow issues related to the 

reduction in active participants, has Jed the Fund to a position of possible insolvency, or 

at best, a significantly longer period of time to emerge from Critical Status than required 

by ERJSA § 305. 

Rehabilitation Plan Development 

Section 305 ofthe Employee Retirement Income Security Act (BRISA) and Section 432 

ofthe Internal Revenue Code (IRC), as added by the Pension Protection Act of 2006 

("PP A"), require the Trustees of a multiemployer pension fund that has been certified by 

its actuary as being in Critic.al Status (also known as the "Red Zone") to develop a 

Rehabilitation Plan. Generally, the Rehabilitation Plan should enable a fund to cease to 

be in Critical Status by the end ofthe Rehabilitation Period. However, ifthe Trustees 

determine, based upon the exhaustion of all reasonable measures that a fund cannot 

reasonably be expected to emerge by the end ofthe Rehabilitation Period, the 

Rehabilitation Plan should be designed to enable the fund to cease to be in Critical Status 

at a later date ifpossible, or to forestall possible insolvency. The Rehabilitation Plan must 

be based on reasonably anticipated experience and on reasonable actuarial assumptions, 

and may adopt such reasonable measures as the Trustees deem necessary. 

On November 29,2010, the Fund was certified by its actuaries to be in Critical Status for 

the Plan Year beginning September 1, _2010. As-required by law, the. Board ofTrustees 

forwarded a Notice of Critical Status ("Notice") to the Teamsters Local Union No. 807 

(the "Union") and the employers contributing to the Fund ("Employers") (referred to 

collectively as the "bargaining parties"), participants, beneficiaries, the Pension Benefit 

Guaranty Corporation and the Department of Labor. The Notice advised that (I) the Fund 

is in Critical Status for the 2010 Plan Year; (2) all of the adjustable benefits supported 

under the Plan could be eliminated or reduced pursuant to a Rehabilitation Plan; (3) any 

reductions pursuant to the Rehabilitation Plan would apply Only to participants and 

beneficiaries whose benefit commencement date is after December 27, 201 O; and ( 4) 

Employers are obligated to pay a 5% contribution surcharge to the Fund, for work 

performed on and after January 26, 2011. The 5% surcharge will increase to 10% 

beginning with contributions received on or after September· 1, 2011 and will continue 

until the earlier of (I) the date the Fund emerges from Critical Status; (2) the effective 

date of a collective bargaining agreement ("CBA") that is in compliance with this 

Rehabilitation Plan; or (3) the date the contribution increases uescribed below become 

effective with respect to an Employer because the bargaining parties fail to adopt a CBA 

in compliance with the Rehabilitation Plan within the time period required by Section 

305( e )(C)(ii) of BRISA. The surcharges will continue until the CBA is signed, and the 

required increase in contributions will be retroactive to the date the CBA is effective. 

2 

00665 
• 

The schedule of contribution increases and benefit reductions attached to this 

Rehabilitation Plan (Schedule "A") and embodied herein will be provided to the 

bargaining parties no later than the thirtieth day after the Board ofTrustees adopt this 

Rehabilitation Plan. Any new CBA entered into by the bargaining parties or any other 

agreement calling for participation in the Fund after itis so provided must reflect the 

terms ofthe most recently issued Schedule A. Ifthe bargaining parties cannot reach an 

agreement concerning the adoption of Schedule A, Schedule A is to be treated as the 

Default Schedule and wiU become effective on the date specified in ERISA Section 

305( e )(3)(C)(ii). In the case of an Employer that contributes to the Fund only with respect 

to employees not covered by a CBA, that Employer's agreement with the Fund providing 

for contributions to the Fund will be treated as a CBA that expires on August 31, 2011. 

The Board of Trustees will review the Fund's Rehabilitation Plan annually and will 

update the Rehabilitation Plan as required by law. In addition, the Board of Trustees will 

continue to consider all options available to the Fund, including but not limited to 

reducing Fund expenditures, taking advantage of any changes in law, or exploring a 

merger with another plan. The Board of Trustees has the sole discretion to amend and 

construe this Rehabilitation Plan. 

This Rehabilitation Plan: 

l. specifies the Rehabilitation Period; 

2. describes alternatives the Trustees considered when preparing the Rehabilitation 

Plan; 

3. explains why the Trustees concluded that there are no reasonable measures that 

would enable the Plan to emerge from Critical Status in the time frame prescribed by 

ERISA § 305; 

4. includes remedies and a schedule ofbenefits and contributions (Schedule A) that 

are projected to enable the Fund to postpone the projected date ofinsolvency and/or 

cause the Fund to emerge from Critical Status; 

5. explains that the Default Schedule will be put into effect automatically ifthe 

bargaining parties do not agree on an acceptable schedule in a timely manner; and 

6. sets out the annual standard to be .achieved under the Rehabilitation Plan and 

explains that the Rehabilitation Plan will be updated from time to time. 

Rehabilitation Period 

The Fund's Rehabilitation Period is the 35 year period beginning on September l, 2013 

and ending on August 31, 2048. · 

3 

00666 
Rehabilitation Plan Standard 

The Fund's Board ofTrustees has determined that based on reasonable actuarial 

assumptions, and upon exhaustion of all reasonable measures, the Fund cannot be 

reasonably expected to -emerge from Critical Status within the time frame prescribed by 

BRISA § 305 (the "Prescribed.Period"). Accordingly, pursuant to BRISA Section 

305(e)(3)(A)(ii), the Board ofTrustees is adopting reasonable measures in this 

Rehabilitation Plan to forestall insolvency (as defined by BRISA Section 4245) and/or 

emerge from Critical Status over a projected period oftime. 

The Board ofTrustees considered a number of actions, options, and alternatives that 

might permit the Fund to emerge from Critical Status by the end of the Prescribed Period. 

The Truste.es have determined the remedies necessary for such a result as being 

unreasonable measures that would be untenable or counter productive and adverse to the 

Fund and its participants. The remedies considered included the following: 

• The Fund's actuary projected that ifthere were no changes to the Plan's current 

schedule ofbenefits, Employers would need to increase their current contribution 

rates by at least 27 .5% .per year for the next ten years to emerge from Critical 

Status by September 1, 2023. This means.the current $4.7065 average hourly 

contribution rate would need to incrf:lase to an average contribution rate of$53.43 

per hour. 

• The Fund's actuary projected that iffuture accrual rates are reduced to the 

minimum level allowed by law in a default schedule (the equivalent of 1 % of 

contributions), all adjustable benefits are eliminated and all future contribution 

increases are supplemental ( meaning that the increased rates do not increase the 

future credit multiplier in the Plan), Employers would need to increase their 

current contribution rates by at least 21.5% per year, compounded each year, from 

the start ofthe next collective bargaining agreement through September 1, 2023 to 

emerge from critical status. This means the current $4.7065 average contribution 

rate would need to increase to.an average of$33.00 per hour. 

The Trustees concluded that there are no reasonable measures that will enable the Plan to 

emerge from Critical Status in thl:l Prescribed Period for the following reasons: 

• The Trustees noted that the final contribution rates needed to emerge from critical 

status by September 1, 2023 were more than the current hourly wage rates for the 

majority ofthe participants in this Fund. Even higher final rates would be needed 

to emerge from critical status at a lat(lr date. 

• The Trustees noted that a complete freeze offuture benefit accruals would 

provide little incentive for participants to support contribution rate increases, 

especially since those increases would need to be financed by reductions in health 

fund contributions and wages. 

• The Trustees noted the financial pressure on current contributing Employers, and 

how any significant increases in future contributions would put the operation of 

these companies in question, thus jeopardizing the future contribution source of 

4 

00667 
,,-

the Fund. Significant increases would likely result in withdrawals ofcontributing 

Employers requiring even larger and more unreasonable contribution rate 

increases from any remaining contributing Employers to enable the Plan to 

emerge from Critical Status. 

Trustee-Approved Rehabilitation Plan Remedies 

The Board ofTrustees concluded that annual contribution rate increases in excess of 

those called for under Schedule A were not reasonable and could trigger a mass 

withdrawal and significant losses to the Fund and its partfoiparits. Therefore, the Trustees 

concluded that contributions required to ever emerge from Critical Status within the time 

frame prescribed by BRISA would be unreasonable and the Rehabilitation Plan could 

only reasonably be expected to forestall insolvency or emerge from Critical Status over a 

much longer period oftime. Based on this, the Trustees have adopted the following 

reasonable measures to forestall insolvency, and/or eventually emerge from Critical 

Status which the Trustees have determined to be the most the Fund can reasonably take 

given the financial condition ofthe various industries in which the contributing 

employers are engaged and the need to maintain active participant support for the Plan. 

Schedule of Contribution Rate Increases and Benefit Changes 

Contribution Rate Increases for Contributing Employers 

Contribution rate increases of45 cents per hour per year will be required for any 

collective bargaining agreement that becomes effective after September 1, 2011.. All 

increases in hourly rates will be supplemental after September!, 2011, and therefore will 

not cause any increase in future service accruals, .except as provided herein. 

The impact of these increases in contribution rates will be evaluated annually and will be 

adjusted based on the financial conditions ofthe signatory employers and experience of 

the Fund. 

Benefit Changes for Active Participants 

The accrual rate as defined in Article III ofthe Plan Document after February 1, 2012 

will be the lesser of I% ofthe product of (a) the number of hours for which contributions 

are due on behalf ofthe participant in a Plan Credit Year and (b) the cont1ibution rate in 

effect for his employer prior to its first contribution increase on or after September 1, 

2011 (regardless ofsurcharges) or the accrual rate under the.plan as of September I, 

201 I. 

Non-protected and adjustable benefits for all participants and whose annuity starting date 

is on or after September I, 20 I I, are eliminated as follows: 

5 

00668 
1. Those retiring on an Early Retirement Pension shall have their benefits .reduced 

in accordance with Schedule B attached to this Rehabilitation Plan.eliminating ali" 

subsidies previously afforded. 

2. All Service Pensions will no longer be available. 

3. The 60-month guarantee will no longer apply, 

4. Actuarial reduction for a Joint and Survivor Pension will reflect the elimination of 

the 60-month guarantee. The Joint and Survivor Factors set forth in Schedule C attached 

to this Rehabilitation Plan will apply. 

5. All future contribution increases after September 1, 2011 will not be used towards ./' 

the calculation of any future accruals. 

6. The Disability Pension will not be payable to anyone who has an Annuity Starting 

Date of September I, 2011 or later and who has not submitted a complete application, 

with all required information, prior to that date. 

7. The Death Benefit provided in Section 3.19 ofthe Plan. 

8. Eliminate the Social Security Level Income Option pursuant to Section 3.17 of 

the Plan. 

,.---. Benefit Changes for Non-active Participants 

Notwithstanding any other terms ofthis Rehabilitation Plan or the Schedules provided 

under it, the benefits of retired participants whose annuity starting date was before 

September 1, 2011 will not be eliminated or reduced, regardless of a subsequent 

resumption of Covered Employment. 

Participants who have terminated (or will terminate) covered service or whose annuity 

starting date is on or after September 1, 2011, will have their benefits reduced in 

accordance with the benefit changes described in this Rehabilitation Plan, effective as of 

the earliest date permitted after the provision of legally required advance notice. 

The benefits of a beneficiary ( e.g. surviving spouse) or of an Alternate Payee under a 

QDRO will be determined on the same basis as those ofthe participant under this 

Rehabilitation Plan. 

Automatic Implementation o[Schedule 

If a collective bargaining agreement providing for contributions under the Fund that was 

in effect on September I, 2011 expires and after receiving the Rehabilitation Plan 

Schedule, the bargaining parties fail to adopt contribution terms consistent with the 

Rehabilitation Plan, Schedule A will be implemented automatically 180 days after the 

6 

00669 
date on which the collective bargaining agreement expires. Any CBA that expired prior 

to September 1, 2011 and has not been renewed with a successor agreement. will be 

considered expired as ofSeptember 1, 2011 for the sake ofthis paragraph. 

In the event of such automatic implementation of Schedule A, the next annual increase of 

contributions provided in Schedule A shall occur twelve (12) rnonths after the expiration 

ofthe last collective bargaining agreement and NOT the anniversary date of the 

automatic implementation of Schedule A. 

In addition to the authority ofthe Trustees to automatically implement the provisions of 

Schedule A, the Board reserves the right to reject any collective bargaining agreement 

that is not in full compliance with this Rehabilitation Plan and/or ERlSA, and thereby 

terminate participation in the F.und by that employer. 

Annual Standards for Meeting the Rehabilitation Requirements 

Based on reasonable assumptions, and implementation ofthe provisions ofSchedule A 

hereof, the Fund is projected to emerge from critical status by September I, 2048. The 

Trustees recognize the possibility that actual experience could be less favorable on an 

annual basis than the reasonable assumptions used for the Rehabilitation Plan. Therefore, 

the Trustees are establishing the following annual standards: 

Determination for Year Projected Credit Balance 

Ending August31 . . (in millions) 

2014. $25 

2015 -2 

2016 -29 

2017 .:57. 

201.8 -88 

2019 -119 

2020 -153 

...2021 . -168. 

2022 -177 

2023 -187 

2024 -196 

2025 -199 

2026 -2.00 

2027 -204 ... 

2028 ~205 

2029 -203 

2030 ~202 

2031 -200 

2032 -197 

2.033 -194 

2034 -189 . ' 2035 -184 

7 

00670 
2036 

,,---- 2037 

2038 

2039 

2040 

2041 

2042 .. 

2043 

2044 

2045 

2046 

2047 

2048 - 2.049 

-177 

-170 

al61. 

-151 

-140 

-128 ... ~115 

-101 

-86 

.-70 ... 

~53 

-35 

-17 ... 

..0 

Surcharges to be Included in the Calculation of Withdrawal Liability Payments 

All surcharges previously collected by the Fund from a withdrawing employer shall be 

included in the calculation ofwithdrawal liability payments under ERISA Section 

4219(c)(1 )(C) as if comprising a part of the Employer's obligation to contribute. 

Minimum Funding Deficiencies 

In the event an Employer withdraws during a Plan Year when the Fund has a minimum 

funding deficiency, the Employer shail be responsible for its pro-rata share ofsuch 

deficiency in addition to any withdrawal liability obligation. 

Annual Updating ofRehabilitation Plan 

Each year the Fund's actuary will review and certify the status ofthe Fund under 

applicable ERISA and IRC funding rules and, starting with the 2013 plan year, whether 

the Fund is making the scheduled progress in meeting the requirements ofthe 

Rehabilitation Plan. Ifit is determined that it is necessary in light ofupdated information, 

the Trustees will revise the Rehabilitation Plan and present updated schedules to the 

bargaining parties. Notwithstanding subsequent changes in benefit and contribution 

schedules, a schedule provided by the Trustees and relied upon by the bargaining parties 

in negotiating a collective bargaining agreement shall remain in effect for the duration of 

that collective bargaining agreement. However, a collective bargaining agreement that is 

renewed or extendeil will need to include terms consistent with the schedule in effect at 

the time ofthe renewal or extension. 

. . 

8 

00671 
SCHEDULE A 

l . Contributionincreases 

$.45 per hour in e_ach contract year. 

2. Future Benefit Accruals 

The accrual rate as defined in Article III ofthe Plan Document after February I, 

2012 will be the lesser of I% ofthe product of(a) the number ofhours for which 

contributions are due on behalf of a participant in a Plan Credit Year and (b) the 

contribution rate in effect for his employer prior to its first contribution increase 

(regardless ofsurcharges) on <>r after September 1, 20I 1 required to be made with respect 

to a participant or the accrual rate under the plan as ofSeptember 1, 2011. 

3. Adjustable Benefits 

• Those retiring before Early Retirement Pension shall have their benefits 

reduced in accordance with Schedule B attached to this Rehabilitation 

Plan eliminating all subsidies previously afforded. 

• All Service Pensions will no longer be available. 

• The 60-month guarantee will no longer apply. 

• Actuarial reduction for a Joint and Survivor Pension will reflect the 

elimination ofthe 60-month guarantee. The Joint and Survivor Factors set 

forth in Schedule C attached to this Rehabilitation Plan will apply. 

• All future contribution increas.es after September I, 2011 will not be used 

towards the calculation of any future accruals. 

• The Disability Pension will not be payable to anyone who has an Annuity 

Starting Date of September l, 2011 or later and who has not submitted a 

complete application, with all required information, prior to that date. 

• The Death Benefit provided in Section 3 .19 of the Plan. 

• The Social Security Level Income Option pursuant to Section 3.17 ofthe 

Plan is elintlnated. 

9 

00672 .. 
SCHEDULED 

Early Retirement Factors for Rehabilitation Plan 

Early retirement benefit is calculated by multiplying the Regular Pension benefit by the 

factor below corresponding with the age of a participant at Early Retirement date. 

Age Factor 

55 36.59% 

56 40.12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

Note: Reductions for fractional ages are interpolated based on the above. 

10 

00673 
SCHEDULEC 

J&S. Factors fot Rehabilitation Plan 

5 0% joint and survivor: 

88% plus 0.4% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.4% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of99%. 

75% joint and survivor: 

83% plus 0.5% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.5% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of99%. 

c:\uscrs\jrl\appdata\1ocal\microsoft,\windows\temporary internet ~les\content.outlook\tlkbolm3\plan final version 10-3-12.doc 

11 

00674 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

ehabilitation Plan 

Background on the Pension Fund 

Local 807 Labor-Management Pension Fund (the "Fund" or the "Plan") covers Teamsters 

in a variety ofindustries including, but not limited to wholesale building supply 

distributors, compressed gas distributors, exposition facilitators, and public 

warehouse/distribution companies. The signatory companies in many ofthese industries 

have experienced declines in workforce forcing bankruptcies due to non-union 

competition, deregulation ofthe trucking industry, the economic condition ofthe country, 

downturn in construction in the greater New York City area, improvements of technology 

and outsourcing ofjobs. For year ending August 31, 1993, active work for which 

employers made contributions to the Fund was 3,749,000 hours. That number declined to 

1,546,363 hours by year ending August 31, 2010. As ofAugust 31, 1993, the Fund had 

2,120 active participants, 1,116 inactive vested participants and 4,050 pensioners and 

beneficiaries, a ratio of 2.44 nonactive pa1ticipants for every 1 active participant. By 

August 31, 2010, there were only 900 active participants, 1,026 inactive vested 

participants and 3,337 pensioners and beneficiaries resulting in a ratio of 4.85 nonactive 

participants for every 1 active participant. There have been a significant number of 

bankruptcies and withdrawals of contributing companies to the Fund. The ratio of actives 

to inactive participants declined further in the Plan Year commencing September!, 2010 

due to the downturn of the United States economy and the slumping building industry in 

the New York City area. 

The Fund's covered population also has aged over the years. The average age of active 

employees at the beginning of2002 was 45.0 years old; that average grew to 49.1 years 

old in 2010. The average pensioner was 72.3 years old in 2002 and it was 74.9 years old 

in 2010. This leads to a smaller and older workforce generating employer contributions to 

the Pension Fund for a shorter period of time to provide lifetime monthly benefits to 

pensioners and beneficiaries who are living longer. 

Due to the stock market volatility in 2008 and 2009, the Fund experienced negative 

investment returns. In 2009 alone, the Fund experienced a negative I 8.32% return 

resulting in a loss ofmore than $45,000,000. 

The Trustees have sought to address these issues over recen_t years. To. deal with the 

impact of the investment losses and other detrimental factors, the Trustees recommended 

that the bargaining pa1ties obtain additional contributions into the Fund. For the plan five 

years ending August 31, 2010, for example, the Pension Fund contribution rates for all 

contributing Employers increased by an average of 6.5% per year. The Trustees also 

amended the Plan in September, 200 I to cap the accrual rate at the $4.315 contribution 

rate. In 2010, the Trustees adopted a career average method of calculating future accruals, 

8487521 vl/01544.001 1 

00675 
equating such accruals on a more reasonable basis to contributions, all in an effort to 

better fund the Plan. 

The significant investment loss of 2008, coupled with the cash flow issues related to the 

reduction in active participants, has led the Fund to a position ofprobable insolvency, or 

at best, a significantly longer period of time to emerge from Critical Status than required 

by ERISA § 305. 

Rehabilitation Plan Development 

Section 305 ofthe Employee Retirement Income Security Act (ERISA) and Section 432 

of the Internal Revenue Code (IRC), as added by the Pension Protection Act of2006 

("PP A"), require the Trustees of a multiemployer pension fund that has been certified by 

its actuary as being in Critical Status ( also known as the "Red Zone") to develop a 

Rehabilitation Plan. Generally, the Rehabilitation Plan should enable a fund to cease to 

be in Critical Status by the end ofthe Rehabilitation Period. However, if the Trustees 

determine, based upon the exhaustion of all reasonable measures that a fund cannot 

reasonably be expected to emerge by the end of the Rehabilitation Period, the 

Rehabilitation Plan should be designed to enable the fund to cease to be in Critical Status 

at a later date ifpossible, or to forestall possible insolvency. The Rehabilitation Plan must 

be based on reasonably anticipated experience and on reasonable actuarial assumptions, 

and may adopt such reasonable measures as the Trustees deem necessary. 

On November 29, 2010, the Fund was certified by its actuaries to be in Critical Status for 

the Plan Year beginning September 1, 2010. As required by law, the Board of Trustees 

forwarded a Notice of Critical Status ("Notice") to the Teamsters Local Union No. 807 

(the "Union") and the employers contributing to the Fund ("Employers") (referred to 

collectively as the "bargaining pruiies"), participants, beneficiaries, the Pension Benefit 

Guaranty Corporation and the Department ofLabor. The Notice advised that (1) the Fund 

is in Critical Status for the 2010 Plan Year; (2) all ofthe adjustable benefits supp01ied 

under the Plan could be eliminated or reduced pursuant to a Rehabilitation Plan; (3) any 

reductions pursuant to the Rehabilitation Plan would apply only to participants and 

beneficiaries whose benefit commencement date is after December 27, 2010; and (4) 

Employers are obligated to pay a 5% contribution surcharge to the Fund, for work 

performed on and after January 26, 2011. The 5% surcharge will increase to 10% 

beginning with contributions received on or after September 1, 2011 and will continue 

until the earlier of(l) the date the Fund emerges from-Critical Status; (2) the effective 

date of a collective bargaining agreement ("CBA") that is in compliance with this 

Rehabilitation Plan; or (3) the date the contribution increases described below become 

effective with respect to an Employer because the bargaining pruiies fail to adopt a CBA 

in compliance with the Rehabilitation Plan within the time period required by Section 

305(e)(C)(ii) ofERISA. The surcharges will continue until the CBA is signed, and the 

"required increase in contributions will be retroactive to the date the CBA is effective. 

The schedule of contribution increases and benefit reductions attached to this 

Rehabilitation Plan (Schedule "A") and embodied herein will be provided to the 

848752 lvl/01544.001 2 

( 

'----

00676 
bargaining parties no later than the thirtieth day after the Board of Trustees adopt this 

Rehabilitation Plan. Any new CBA entered into by the bargaining parties or any other 

agreement calling for participation in the Fund after it is so provided must reflect the 

tenns ofthe most recently issued Schedule A. If the bargaining parties cannot reach an 

agreement concerning the adoption of Schedule A, Schedule A is to be treated as the 

Default Schedule and will become effective on the date specified in ERISA Section 

305(e)(3)(C)(ii). In the case of an Employer that contributes to the Fund only with respect 

to employees not covered by a CBA, that Employer's agreement with the Fund providing 

for contributions to the Fund will be treated as a CBA that expires on August 31, 2011. 

The Board ofTrustees will review the Fund's Rehabilitation Plan annually and will 

update the Rehabilitation Plan as required by law. In addition, the Board of Trustees will 

continue to consider all options available to the Fund, including but not limited to 

reducing Fund expenditures, taking advantage of any changes in law, or exploring a 

merger with another plan. The Board of Trustees has the sole discretion to amend and 

construe this Rehabilitation Plan. 

This Rehabilitation Plan: 

1. specifies the Rehabilitation Period; 

2. describes alternatives the Trustees considered when preparing the Rehabilitation 

Plan; 

3. explains why the Trustees concluded that there are no reasonable measures that 

would enable the Plan to emerge from Critical Status in the time frame prescribed by 

ERISA § 305; 

4. includes remedies and a schedule of benefits and contributions (Schedule A) that 

are projected to enable the Fund to postpone the projected date of insolvency and/or 

cause the Fund to emerge from Critical Status; 

5. explains that the Default Schedule will be put into effect automatically if the 

bargaining parties do not agree on an acceptable schedule in a timely manner; and. 

6. sets out the annual standard to be achieved under the Rehabilitation Plan and 

explains that the Rehabilitation Plan will be updated froni time to time. 

Rehabilitation Period 

The Fund's Rehabilitation Period begins on September 1, 2013 and ends on August 31, 

8487521vl/01544.001 3 

00677 

204/1 
Rehabilitation Plan Standard 

The Fund's Board of Tnstees has determined that based on reasonable actuarial 

assumptions, and upon exhaustion of all reasonable measures, the Fund cannot be 

reasonably expected to emerge from Critical Status within the time frame prescribed by 

ERISA § 305 (the "Prescribed Period"). Accordingly, pursuant to ERISA Section 

305(e)(3)(A)(ii), the Board of Trustees is adopting reasonable measures in this 

Rehabilitation Plan to forestall insolvency (as defined by ERISA Section 4245) and/or 

emerge from Critical Status over a projected period of time. 

The Board ofTrustees considered a number of actions, options, and alternatives that 

might permit the Fund to emerge from Critical Status by the end of the Prescribed Period. 

The Trustees have determined the remedies necessary for such a result as being 

unreasonable measures that would be untenable or counter productive and adverse to the 

Fund and its participants. The remedies considered included the following: 

• 

• The Fund's actuary projected that if there were no changes to the Plan's current 

Rehabilitation schedule of benefits, i.e., accrual rates at the minimum level 

allowed by law in a default schedule (the equivalent of 1% of contributions), all 

adjustable benefits are eliminated and all future contribution increases are 

supplemental (meaning that the increased rates do not increase the future credit 

multiplier in the Plan), Employers would need to increase their current 

contribution rates by at ieast $0.75 each year, from the start of the next collective 

bargaining agreement through September 1, 2048 to emerge from critical status. 

This means the current $5 .4022 average contribution rate would need to increase 

to an average of $29.00 per hour by the end the Rehabilitation Period. 

The Trustees concluded that there are no reasonable measures that will enable the Plan to 

emerge from Critical Status in the Prescribed Period for the following reasons: 

• The Trustees noted that the final contribution rates needed to emerge from critical 

status by September 1, 2048 were more than the current hourly wage rates for the 

majority ofthe paiiicipants in this Fund. Even higher final rates would be needed 

to emerge from critical status at a later date. 

• The Trustees noted that a complete fr~eze of future benefit accruals would 

provide little incentive for participants to support contribution rate increases, 

especially since those increases would need to be financed by reductions in health 

fund contributions and wages. 

• The Trustees noted the financial pressure on current contributing Employers, and 

how any significant increases in future contributions would put the operation of 

these companies in question, thus jeopardizing the future contribution source of 

the Fund. Significant increases would likely result in withdrawals of contributing 

Employers requiring even larger and more unreasonable contribution rate 

increases from any remaining contributing Employers to enable the Plan to 

emerge from Critical Status. 

l:.·· 

00678 
Trustee-Approved Rehabilitation Plan Remedies 

The Board ofTrustees concluded that annual contribution rate increases in excess of 

those called for m:ider-Schedule A were not reasonable and could trigger a mass 

withdrawal and significant losses to-the Fund and its participants. Therefore, the Trustees 

concluded that contributions required to ever emerge from Critical Status within the time 

frame prescribed by ERISA would be unreasonable and the Rehabilitation Plan could 

only reasonably be expected to forestall insolvency or emerge from Critical Status over a 

much longer period of time. Based on this, the Trustees have adopted the following 

reasonable measures to forestall insolvency, and/or eventually emerge from Critical 

Status which the Trustees have determined to be the most the Fund can reasonably take 

given the financial condition of the various industries in which the contributing 

employers are engaged and the need to maintain active participant support for the Plan. 

Schedule of Contribution Rate Increases and Benefit Changes 

Contribution Rate Increases for Contributing Employers 

Contribution rate increases of$0.45 per hour per year will be required for any collective 

bargaining agreement that becomes effective after September I, 2011. All increases in 

hourly rates will be supplemental after September 1, 2011, and therefore will not cause 

any increase in future service accruals, except as provided herein. 

( \ 

The impact ofthese increases in contribution rates will be evaluated annually and will be 

adjusted based on the financial conditions ofthe signatory employers and experience of 

the Fund. 

Benefit Changes for Active Participants 

The accrual rate as defined in Article III ofthe Plan Document after February 1, 2012 

will be the lesser of I% ofthe product of (a) the number ofhours for which contributions 

are due on behalf of the participant in a Plan Credit Year and (b) the contribution rate in 

effect for his employer prior to its first contribution increase on or after September 1, 

2011 (regardless of surcharges) or the accrual rate under the plan as of September 1, 

2011. 

Non-protected and adjustable benefits for all participants and whose a)1lmity starting date 

is on or after September I, 2011, are eliminated as follows: 

1. Those retiring on an Early Retirement Pension shall have their benefits reduced in 

accordance with Schedule B attached to this Rehabilitation Plan eliminating all 

subsidies previously afforded. 

2. All Service Pensions will no longer be available. 

8487521 vl/01544.001 5 

00679 
3. The 60-month guarantee will no longer apply. 

4. Actuarial reduction for a Joint and Survivor Pension will reflect the elimination of 

the 60-month guarantee. The Joint and Survivor Factors set fmth in Schedule C 

attached to this Rehabilitation Plan will apply. 

5. All future contribution increases after September 1, 2011 will not be used towards 

the calculation of any future accruals. 

6. The Disability Pension will not be payable to anyone who has an Annuity Staiting 

Date of September I, 2011 or later and who has not submitted a complete 

application, with all required info1mation, prior to that date. 

7. The Death Benefit provided in Section 3. 19 ofthe Plan. 

8. Eliminate the Social Security Level Income Option pursuant to Section 3 .1 7 of 

the Plan. 

Benefit Changes for Non-active Participants 

Notwithstanding any other terms of this Rehabilitation Plan or the Schedules provided 

under it, the benefits ofretired participants whose annuity sta1ting date was before 

September 1,2011 will not be eliminated or reduced, regardless ofa subsequent 

resumption of Covered Employment. 

Participants who have terminated ( or will terminate) covered service or whose annuity 

starting date is on or after September 1, 2011, will have their benefits reduced in 

accordance with the benefit changes described in this Rehabilitation Plan, effective as of 

the earliest date permitted after the provision of legally required advance notice. 

The benefits of a beneficiary (e.g. surviving spouse) or of an Alternate Payee under a 

QDRO will be determined on the same basis as those ofthe paiticipant under this 

Rehabilitation Plan. 

Automatic Implementation of Schedule 

If a collective bargaining agreement providing for contributions under the Fund that was 

in effect on Septeniber 1, 2011 expires and after receiving the Rehabilitation Plan 

Schedule, the bargaining paities fail to adopt contribution terms consistent with the,. 

Rehabilitation Plan, Schedule A will be implemented automatically 180 days after the 

date on which the collective bargaining agreement expires. Any CBA that expired prior 

to September 1, 2011 and has not been renewed with a successor agreement, will be 

considered expired as of September 1,2011 for the sake ofthis paragraph. 

In the event of such automatic implementation of Schedule A, the next annual increase of 

contributions provided in Schedule A shall occur twelve (12) months after the expiration 

8487521vl/01544.001 6 

00680 
of the last collective bargaining agreement and NOT the anniversary date of the 

automatic implementation of Schedule A. 

In addition to the authority of the Trustees to automatically implement the provisions of 

Schedule A, the Board reserves the right to reject any collective bargaining agreement 

that is not in full compliance with this Rehabilitation Plan and/or ERISA, and thereby 

terminate pa11icipation in the Fund by that employer. 

Annual Standards for Meeting the Rehabilitation Requirements 

Prior to the adoption ofthe measures outlined in this Rehabilitation Plan, and based on 

reasonable assumptions, the Fund was projected to become insolvent during the plan year 

ending August 31, 2026. This Rehabilitation Plan is expected to delay the projected 

insolvency date by seven years to the plan year ending August 31, 2033, based on 

reasonable assumptions. 

The point of projected insolvency will vary each year as actual experience differs from 

the assumptions. The Trustees recognize the possibility that actual experience could be 

less favorable on an annual basis than the reasonable assumptions used for the 

Rehabilitation Plan. Consequently, the annual standard for meeting the requirements of 

this Rehabilitation Plan is for updated actuarial projections each year to show, based on 

reasonable assumptions, that under the Rehabilitation Plan (as amended from time to 

time) the Fund will not be expected to become insolvent before 2026. 

Surcharges to be Included in the Calculation of Withdrawal Liability Payments 

Only surcharges accrued for plan years beginning before December 31, 2014, according 

to Section I 09 ofthe Multiemployer Pension Reform Act of 20 I 4, collected by the Fund 

from a withdrawing employer shall be included in the calculation of withdrawal liability 

payments under ERISA Section 4219(c)(I )(C) as if comprising a part of the Employer's 

obligation to contribute. 

Annual Updating of Rehabilitation Plan ,\ 

Each year the Fund's actuary will review and ce1iify the status ofthe Fund under ,- applicable ERISA and IRC funding rules and whether the Fund is making the scheduled\ ' 

progress in meeting the requirements ofthe Rehabilitation Plan. Ifthe Trustees determinJ 

that it is necessary in light of updated information, the Trustees will revise the 

Rehabilitation Plan and present updated schedules to the bargaining patiies. ., - Notwithstanding subsequent changes in benefit and contribution schedules, a schedule 

provided by the Trustees and relied upon by the bargaining parties in negotiating a 

collective bargaining agreement shall remain in effect for the duration of that collective 

bargaining agreement. However, a collective bargaining agreement that is renewed or ' 

extended will need to include terms consistent with the schedule in effect at the time of 

the renewal or extension. 

00681 n ,n--,.~...,, ,,,..,:-,' ""' ., 
... ...... SCHEDULE A 

1. Contribution Increases 

$.45 per hour in each contract year. 

2. Future Benefit Accruals 

The accrual rate as defined in Article III ofthe Plan Document after February I, 

2012 will be the lesser of 1% ofthe product of (a) the number of hours for which 

contributions are due on behalf of a participant in a Plan Credit Year and (b) the 

contribution rate in effect for his employer prior to its first contribution increase 

(regardless ofsurcharges) on or after September 1, 2011 required to be made with respect 

to a participant or the accrual rate under the plan as of September 1, 2011. 

~ 

.) . Adjustable Benefits 

• Those retiring before Early Retirement Pension shall have their benefits 

reduced in accordance with Appendix A attached to this Rehabilitation 

Plan eliminating all subsidies previously afforded. 

• All Service Pensions will no longer be available. 

• The 60-month guarantee will no longer apply. 

• Actuarial reduction for a Joint and Survivor Pension will reflect the 

elimination ofthe 60-month guarantee. The Joint and Survivor Factors set 

forth in Appendix B attached to this Rehabilitation Plan will apply. 

• All future contribution increases after September 1, 2011 will not be used 

towards the calculation of any future accruals. 

• The Disability Pension will not be payable to anyone who has an Amrnity 

Sta1iing Date of September 1, 2011 or later and who has not submitted a 

complete application, with all required information, prior to that date. 

• The Death Benefit provided in Section 3.19 ofthe Plan. 

• The Social Security Level Income Option pursuant to Section 3 .17 ofthe 

Plan is eliminated. 

848752Ivl/0l 544.00J 8 

00682 
APPENDIX A 

Earlv Retirement Factors for Rehabilitation Plan 

Early re.tirement benefit is calculated by multiplying the Regular Pension benefit ]?y the 

factor below corresponding with the age of a participant at Early Retirement date. 

Age Factor 

55 36.59% 

56 40.12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

Note: Reductions for fractional ages are interpolated based on the above . 

.. 

848752 Jvl/01544.001 9 

00683 
APPENDIXB 

J&S Factors for Rehabilitation Plan 

50%joint and survivor: 

88% plus 0.4% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.4% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of 99%. 

75% joint and survivor: 

83% plus 0.5% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.5% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of99%. 

, __ 

848752 lvl/01544.001 10 

00684 
LOCAL 807 LABOR-MANAGEMENT PENSION FUND 

Third Amended Rehabilitation Plan 

Background on the Pension Fund 

Local 807 Labor-Management Pension Fund (the "Fund" or the "Plan") covers Teamsters 

in a variety ofindustries including, but not limited to wholesale building supply 

distributors, compressed gas distributors, exposition facilitators, and public 

warehouse/distribution companies. The signatory companies in many ofthese industries 

have experienced declines in workforce forcing bankruptcies due to non-union 

competition, deregulation ofthe trucking industry, the economic condition of the country, 

downturn in construction in the greater New York City area, improvements oftechnology 

and outsourcing ofjobs. For year ending August 31, 1993, active work for which 

employers made contributions to the Fund was 3,749,000 hours. That number declined to 

1,546,363 hours by year ending August 31, 2010. As of August 31, 1993, the Fund had 

2,120 active participants, 1,116 inactive vested participants and 4,050 pensioners and 

beneficiaries, a ratio of2.44 nonactive participants for every 1 active participant. By 

August 31, 2017, there were only 692 active participants, 919 inactive vested participants 

and 2,860 pensioners and beneficiaries in pay status resulting in a ratio of 5.46 nonactive 

participants for every 1 active participant. There have been a significant number of 

withdrawals of contributing companies to the Fund. 

The Fund's covered population also has aged over the years. The average age of active 

employees at the beginning of2002 was 45.0 years old; that average grew to 49.1 years 

old in 2010. The average age of active employees at the beginning ofthe September 1, 

2017 Plan Year was 50.3 years old. The average pensioner was 72.3 years old in 2002 

and it was 76.9 years old in 2017. This leads to a smaller and older workforce generating 

employer contributions to the Pension Fund for a shorter period oftime to provide 

lifetime monthly benefits to pensioners and beneficiaries who are living longer. 

Due to the stock market volatility in 2008 and 2009, the Fund experienced negative 

investment returns. In 2009 alone, the Fund experienced a negative 18.32% return 

resulting in a loss ofmore than $45,000,000. 

The Trustees have sought to address these issues over recent years. To deal with the 

impact ofthe investment losses and other detrimental factors, the Trustees recommended 

that the bargaining parties obtain additional contributions into the Fund. For the plan five 

years ending August 31, 2010, for example, the Pension Fund eontribution rates for all 

contributing Employers increased by an average of 6.5% per year. The Trustees also 

amended the Plan in September, 2001 to cap the accrual rate.at the $4.315 contribution 

rate. In 2010, the Trustees adopted a career average method of calculating future accruals, 

equating such accruals on a more reasonable basis to contributions, all in an effort to 

better fund the Plan. 

8487521 vl/01544.001 1 

00685 
The significant investment loss of 2008, coupled with the cash flow issues related to the 

reduction in active participants, has led the Fund to a position ofprobable insolvency, or 

at best, a significantly longer period of time to emerge from Critical Status than required 

by ERISA § 305. 

Rehabilitation Plan Development 

Section 305 of the Employee Retirement Income Security Act (ERISA) and Section 432 

ofthe Internal Revenue Code (IRC), as added by the Pension Protection Act of 2006 

("PP A"), require the Trustees of a multiemployer pension fund that has been certified by 

its actuary as being in Critical Status (also known as the "Red Zone") to develop a 

Rehabilitation Plan. Generally, the Rehabilitation Plan should enable a fund to cease to 

be in Critical Status by the end ofthe Rehabilitation Period. However, ifthe Trustees 

determine, based upon the exhaustion of all reasonable measures that a fund cannot 

reasonably be expected to emerge by the end ofthe Rehabilitation Period, the 

Rehabilitation Plan should be designed to enable the fund to cease to be in Critical Status 

at a later date ifpossible, or to forestall possible insolvency. The Rehabilitation Plan must 

be based on reasonably anticipated experience and on reasonable actuarial assumptions, 

and may adopt such reasonable measures as the Trustees deem necessary. 

On November 29, 2010, the Fund was certified by its actuaries to be in Critical Status for 

the Plan Year beginning September 1, 2010. As required by law, the Board ofTrustees 

forwarded a Notice of Critical Status (''Notice") to the Teamsters Local Union No. 807 

(the "Union") and the employers contributing to the Fund ("Employers") (referred to 

collectively as the "bargaining parties"), participants, beneficiaries, the Pension Benefit 

Guaranty Corporation and the Department of Labor. The Notice advised that (I) the Fund 

is in Critical Status for the 2010 Plan Year; (2) all of the adjustable benefits supported 

under the Plan could be eliminated or reduced pursuant to a Rehabilitation Plan; (3) any 

reductions pursuant to the Rehabilitation Plan would apply only to participants and 

beneficiaries whose benefit commencement date is after December 27, 2010; and (4) 

Employers are obligated to pay a 5% contribution surcharge to the Fund, for work 

performed on and after January 26, 2011. The 5% surcharge will increase to 10% 

beginning with contributions received on or after September 1, 2011 and will continue 

until the earlier of (1) the date the Fund emerges from Critical Status; (2) the effective 

date of a collective bargaining agreement ("CBA") that is in compliance with this 

Rehabilitation Plan; or (3) the date the contribution increases described below become 

effective with respect to an Employer because the bargaining parties fail to adopt a CBA 

in compliance with the Rehabilitation Plan within the tinie period required by Section 

305(e)(C)(ii) ofERISA. The surcharges will continue until the CBA is signed, and the 

re.quired increase in contributions will be retroactiye to the date the CBA is effective. 

The schedule of contribution increases and ben~fit reductions attached to this t 

Rehabilitation Plan (Schedule "A") and embodied herein will be provided to the ~ 

bargaining parties no later than the thirtieth day after the Board ofTrustees adopt this 

Rehabilitation Plan. Any new CBA entered into by the bargaining parties or any other 

agreement calling for participation in the Fund,.after it is·so provided must reflect the 

• 

8487521 vl/01544.001 2 

00686 
terms ofthe most recently issued Schedule A. Ifthe bargaining parties cannot reach an 

agreement concerning the adoption of Schedule A, Schedule A is to be treated as the 

Default Schedule and will become effective on the date specified in ERISA Section 

305(e)(3)(C)(ii). In the case of an Employer that contributes to the Fund only with respect 

to employees not covered by a CBA, that Employer's agreement with the Fund providing 

for contributions to the Fund will be treated as a CBA that expires on August 31, 201 1. 

The Board ofTrustees will review the Fund's Rehabilitation Plan annually and will 

update the Rehabilitation Plan as required by law. In addition, the Board of Trustees will 

continue to consider all options available to the Fund, including but not limited to 

reducing Fund expenditures, taking advantage of any changes in law, or exploring a 

merger with another plan. The Board ofTrustees has the sole discretion to amend and 

construe this Rehabilitation Plan. 

This Rehabilitation Plan: 

I. specifies the Rehabilitation Period; 

2. describes alternatives the Trustees considered when preparing the Rehabilitation 

Plan; 

3. explains why the Trustees concluded that there are no reasonable measures that 

would enable the Plan to emerge from Critical Status in the time frame prescribed by 

ERISA § 305; 

4. includes remedies and a schedule ofbenefits and contributions (Schedule A) that 

are projected to enable the Fund to postpone the projected date ofinsolvency and/or 

cause the Fund to emerge from Critical Status; 

5. explains that the Default Schedule will be put into effect automatically ifthe 

bargaining parties do not agree on an acceptable schedule in a timely manner; and 

6. sets out the annual standard to be achieved under the Rehabilitation Plan and 

explains that the Rehabilitation Plan will be updated from time to time. 

Rehabilitation Period 

.The Fund's Rehabilitation Period begins on September 1, 2013 and ends on August 31, 

2048. ' . 

8487521 v!/01544.001 3 

00687 
Rehabilitation Plan Standard 

The Fund's Board ofTrustees has determined that b~~ed on reasonable actuarial 

assmrtptions, and upon exhaustion of all reasonable ili:easures, the Fund cannot be 

reasonably expected to emerge from Critical Status within the time frame prescribed by 

ERISA § 305 (the "Prescribed Period"). Accordingly, pursuant to ERISA Section 

305(e)(3)(A)(ii), the Board of Trustees is adopting reasonable measures in this 

Rehabilitation Plan to forestall insolvency (as defined by ERISA Section 4245) and/or 

emerge from Critical Status over a projected period of time. 

The Board ofTrustees considered a number of actions, options, and alternatives that 

might permit the Fund to emerge from Critical Status by the end ofthe Prescribed Period. 

The Trustees have determined the remedies necessary for such a result as being 

unreasonable measures that would be untenable or counter productive and adverse to the 

Fund and its participants. The remedies considered included the following: 

• The Fund's actuary projected that ifthere were no changes to the Plan's current 

Rehabilitation schedule ofbenefits, i.e., accrual rates at the minimum level 

allowed by law in a default schedule (the equivalent of 1% of contributions), all 

adjustable benefits are eliminated and all future contribution increases are 

supplemental (meaning that the increased rates do not increase the future credit 

multiplier in the Plan), Employers would need to increase their current 

contribution rates by at least $1.20 each year, from the start ofthe next collective 

bargaining agreement through September 1, 2048, the end ofthe Rehabilitation 

Period, to emerge from critical status. This means the current $6.94 average 

hourly contribution rate would need to increase by $1.20 per year in order to 

emerge from critical status by the end the Rehabilitation Period. At the end ofthe 

Rehabilitation Period, the average hourly contribution rate would be $42.94 per 

hour. 

The Trustees concluded that there are no reasonable measures that will enable the Plan to 

emerge from Critical Status in the Prescribed Period for the following reasons: 

• The Trustees noted that the final contribution rates needed to emerge from critical 

status by September 1, 2048 were more than the current hourly wage rates for the 

majority ofthe participants in this Fund. Even higher final rates would be needed 

to emerge from critical status at a later date., 

• The Trustees noted that a complete freeze offuture benefit accruals would 

provide little incentive for participants to support contribution rate increases, 

especially since those increases would need to be financed by reductions in health 

fund contributions and wages. 

• The Trustees noted the financial pressure on current contributing Employers, and 

how any significant increases in future contributions would put the operation of 

these companies in question, thus jeopardizing the future contribution source of 

the Fund. Significant increases would likely result in withdrawals of contributing 

Employers requiring even larger and more unreasonable contribution rate 

8487521 v!/01544.001 4 

00688 
increases from any remaining contributing Employers to enable the Plan to 

emerge from Critical Status. 

Trustee-Approved Rehabilitation Plan Remedies 

The Board of Trustees concluded that annual contribution rate increases in excess of 

those called for under Schedule A were not reasonable and could trigger a mass 

withdrawal and significant losses to the Fund and its participants. Therefore, the Trustees 

concluded that contributions required to ever emerge from Critical Status within the time 

frame prescribed by ERISA would be unreasonable and the Rehabilitation Plan could 

only reasonably be expected to forestall insolvency or emerge from Critical Status over a 

much longer period of time. Based on this, the Trustees have adopted the following 

reasonable measures to forestall insolvency, and/or eventually emerge from Critical 

Status which the Trustees have determined to be the most the Fund can reasonably take 

given the financial condition ofthe various industries in which the contributing 

employers are engaged and the need to maintain active participant support for the Plan. 

Schedule of Contribution Rate Increases and Benefit Changes 

Contribution Rate Increases for Contributing Employers 

Contribution rate increases of $0.45 per hour per year will be required for any collective 

bargaining agreement that becomes effective after September 1, 2011. 

Contribution rate increases of $0.39 per hour per year will be required for any collective 

bargaining agreement that becomes effective on or after June 1, 2018, capped at thirty 

(30) increases. 

All increases in hourly rates will be supplemental after September 1, 2011, and therefore 

will not cause any increase in future service accruals, except as provided herein. 

The impact ofthese increases in contribution rates will be evaluated annually and will be 

adjusted based on the financial conditions ofthe signatory employers and experience of 

the Fund. 

Benefit Changes for Acfrve Participants 

For service on or after February 1, 2012, the accrual rate is the lesser of: (a) one percent 

(1 %) ofthe product ofthe number ofhours which contributions are due on behalf of the 

Participant in a credit year and the contribution rate in effect for his employer prior to its 

first contribution increase on or before September 1, 2011. (regardless of surcharge) or (b) 

the accrual rate under the Plan as of September 1, 2011. 

/

I 

8487521vl/01544.001 5 

00689 
Non-protected and adjustable benefits for all participants and whose annuity starting date 

is on or after September I, 2011, are eliminated as follows: 

I. ·Those retiring on an Early Retirement Pension shall have their benefits reduced in 

accordance with Schedule B attached to this Rehabilitation Plan eliminating all 

subsidies previously afforded. 

2. All Service Pensions will no longer be available. 

3. The 60-month guarantee will no longer apply. 

4. Actuarial reduction for a Joint and Survivor Pension will reflect the elimination of 

the 60-month guarantee. The Joint and Survivor Factors set forth in Schedule C 

attached to this Rehabilitation Plan will apply. 

5. All future contribution increases after September I, 2011 will not be used towards 

the calculation of any future accruals. 

6. The Disability Pension will not be payable to anyone who has an Annuity Starting 

Date of September 1, 2011 or later and who has not submitted a complete 

application, with all required information, prior to that date. 

7. The Death Benefit provided in Section 3 .19 of the Plan. 

8. Eliminate the Social Security Level Income Option pursuant to Section 3.17 of 

the Plan. 

Benefit Changes for Non-active Participants 

Notwithstanding any other terms of this Rehabilitation Plan or the Schedules provided 

under it, the benefits ofretired participants whose annuity starting date was before 

September I, 2011 will not be eliminated or reduced, regardless of a subsequent 

resumption ofCovered Employment. 

Participants who have terminated (or will terminate) covered service or whose annuity 

starting date is on or after September1, io11, ,will have their benefits reduced in · · 

accordance with the benefit changes described in this'Rehabilitation Plan, effective as of 

the earliest date permitted after the provision oflegally required advance notice. 

The benefits of a beneficiary ( e.g. surviving spouse) or of an Alternate Payee under a 

QDRO will be determined on the same basis as those ofthe participant under this 

Rehabilitation Plan. 

Automatic Implementation of Schedule 

.. 8487521 vl/01544.001 6 

00690 
If a collective bargaining agreement providing for contributions under the Fund that was 

in effect on September 1, 2011 expires and after receiving the Rehabilitation Plan 

Schedule, the bargaining parties fail to adopt contribution terms consistent with the 

Rehabilitation Plan, Schedule A will be implemented automatically 180 days after the 

date on which the collective bargaining agreement expires. Any CBA that expired prior 

to September 1, 2011 and has not been renewed with a successor agreement, will be 

considered expired as of September 1, 2011 for the sake ofthis paragraph. 

In the event ofsuch automatic implementation of Schedule A, the next annual increase of 

contributions provided in Schedule A shall occur twelve (12) months after the expiration 

ofthe last collective bargaining agreement and NOT the anniversary date of the 

automatic implementation of Schedule A. 

In addition to the authority ofthe Trustees to automatically implement the provisions of 

Schedule A, the Board reserves the right to reject any collective bargaining agreement 

that is not in full compliance with this Rehabilitation Plan and/or BRISA, and thereby 

terminate participation in the Fund by that employer. 

Annual Standards for Meeting the Rehabilitation Requirements 

Prior to the adoption of the measures outlined in this Rehabilitation Plan, and based on 

reasonable assumptions, the Fund was projected to become insolvent during the plan year 

ending August 31, 2026. This Rehabilitation Plan is expected to delay the projected 

insolvency date by seven years to the plan year·ending August 31, 2033, based on 

reasonable assumptions. 

The point ofprojected insolvency will vary each year as actual experience differs from 

the assumptions. The Trustees recognize the possibility that actual experience could be 

less favorable on an annual basis than the reasonable assumptions used for the 

Rehabilitation Plan. Consequently, the annual standard for meeting the requirements of 

this Rehabilitation Plan is for updated actuarial projections each year to show, based on 

reasonable assumptions, that under the Rehabilitation Plan (as amended from time to 

time) the Fund will not be expected to become insolvent before 2026. 

Surcharges to be Included in the Calculation of Withdrawal Liability Payments 

Only surcharges accrued for plan y_ears beginning before December 31, 2014, according 

to Section 109 of the Multiemployer Pension Reform Act of 2014, collected by the Fund 

from a withdrawing employer shall be included in the calculation of withdrawal liability 

payments under BRISA Section 4219(c)(l)(C) as if comprising a part of the Employer's 

obligation to contribute. 

Annual Updating of Rehabilitation Plan 

Each year the Fund's actuary will-review and certify the status of the Fund under 

applicable BRISA and IRC funding rules and whether the Fund is making the scheduled 

8487521 vl/01544.001 7 

00691 
progress in meeting the requirements ofthe Rehabilitation Plan. Ifthe Trustees determine 

that it is necessary in light ofupdated information, the Trustees will revise the 

Rehabilitation Plan and present updated schedules to the bargaining parties. 

Notwithstanding subsequent changes in benefit and contribution schedules, a schedule 

provided by the Trustees and relied upon by the bargaining parties in negotiating a 

collective bargaining agreement shall remain in effect for the duration ofthat collective 

bargaining agreement. However, a collective bargaining agreement that is renewed or 

extended will need to include terms consistent with the schedule in effect at the time of 

the renewal or extension. 

8487521 v!/01544.001 8 

00692 
SCHEDULE A 

1. Contribution Increases 

$.39 per hour in each contract year. 

2. Future Benefit Accruals 

For service on or after February 1, 2012, the accrual rate as defined in Article III 

ofthe Plan Document is the lesser of: (a) one percent (1 %) ofthe product ofthe number 

of hours which contributions are due on behalf ofthe Participant in a credit year and the 

contribution rate in effect for his employer prior to its first contribution increase on or 

before September 1, 2011 (regardless of surcharge) on September 1, 2011, or (b) the 

accrual rate under the Plan as of September 1, 2011. 

3. Adjustable Benefits 

• Those retiring before Early Retirement Pension shall have their benefits 

reduced in accordance with Appendix A attached to this Rehabilitation 

Plan eliminating all subsidies previously afforded. 

• All Service Pensions will no longer be available. 

• The 60-month guarantee will no longer apply. 

• Actuarial reduction for a Joint and Survivor Pension will reflect the 

elimination ofthe 60-month guarantee. The Joint and Survivor Factors set 

forth in Appendix B attached to this Rehabilitation Plan will apply. 

• All future contribution increases after September 1, 2011 will not be used 

towards the calculation of any future accruals. 

• The Disability Pension will not be payable to anyone who has an Annuity 

Starting Date of September 1, 2011 or later and who has not submitted a 

complete application, with all required information, prior to that date. 

• The Death Benefit provided in Section 3.19 of the Plan. 

• The Social Security Level Income Option pursuant to Section 3 .17 of the 

Plan is eliminated. 

8487521vl/01544.001 9 

00693 
APPENDIX A 

Early Retirement Factors for Rehabilitation Plan 

Early retirement benefit is calculated by multiplying the Regular Pension benefit by the 

factor below corresponding with the age of a participant at Early Retirement date. 

Age Factor 

55 36.59% 

56 40.12% 

57 44.07% 

58 48.48% 

59 53.43% 

60 58.99% 

61 65.26% 

62 72.35% 

63 80.39% 

64 89.54% 

Note: Reductions for fractional ages are interpolated based on the above. 

8487521 vl/01544.001 10 

00694 
------------- ----

APPENDIXB 

J&S Factors for Rehabilitation Plan 

50% joint and survivor: 

88% plus 0.4% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.4% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of 99%. 

7 5% joint and survivor: 

83% plus 0.5% for each full year that the spouse's age is greater than the Participant's 

age or minus 0.5% for each full year that the spouse's age is less than the Participant's 

age with a maximum factor of 99%. 

, , . 

• 

8487521 vl/01544.001 II 

00695 
Resolution 

To Adopt Third Amended Rehabilitation Plan of the 

Local 807 Labor-Management Pension Fund 

Whereas, the enrolled actuary of the Local 807 Labor-Management Pension Fund 

(Fund) certified the Fund to be in Critical Status for the Plan Year beginning September 

I, 201 I pursuant to Section 305 ofthe Employee Retirement Income Security Act 

(ERISA) and Section 432 of the Internal Revenue Code (IRC), as amended by the 

Pension Protection Act of 2006 (PP A). 

Whereas, the ERISA section 305 and Internal Revenue Code section 432 require 

pension plans in Critical Status to adopt a Rehabilitation Plan; and 

Whereas, the Board ofTrustees adopted a Third Amended Rehabilitation Plan at 

their meeting ofMay 22, 2018; and 

Now, Therefore, we, the Board of Trustees ofthe Local 807 Labor-Management 

Pension Fund, hereby adopt the attached Rehabilitation Plan and authorize the Fund 

Manager to mail a copy ofthe Schedule to all contributing employers and the Teamsters 

Local 807. 

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Union Truyee

: 0/JKCt 

Employ( r Tr .stee 

Dated: ~ % t~ 

00696 
...•~,~ ~ij~~·r:, ·.·.. ·• : , . .;;e111Jtil~errislon 

r:iii Val"uatiorr:and 

~, .,1~~-is:if1$ijptember 1, ''"'' •·/+ftr1,,> ·_. · · · 

~3~:~t· ---: 

..., .. ". 

This report has been prepared at the request of the Board of Trustees to assist in administering the Fund and meeting filing requirements of federal government agencies. This 

valuation report may not otherwise be copied or reproduced in any form without the consent of the Board of Trustees and may only be provided to other parties in its entirety. 

The measurements shown in this actuarial valuation may not be applicable for other purposes. 

Copyright© 2017 by The Segal Group. Inc. All rights reserved. 

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Segal Consulting 

333 West34th Street New York, NY 10001 

T 212.251.5000 www.segalco.com 

August 17,2017 

Board of Trustees 

Local 807 Labor-Management Pension Fund 

32-43 49th Street 

Long Island City, New York 11103 

Dear Trustees: 

We are pleased to submit the Actuarial Valuation and Review as of September I, 2016. It establishes the funding requirements for the current 

year and analyzes the preceding year's experience. It also summarizes the actuarial data and includes the actuarial information that is required 

to be filed with Form 5500 to federal government agencies. 

The census information upon which our calculations were based was prepared by the Fund Office, under the direction of Al Fernandez. That 

assistance is gratefully acknowledged. The actuarial calculations were completed under the supervision ofNicholas J. Laccetti, MAAA, FCA, 

Enrolled Actuary and Joel R. Leary, ASA, MAAA, FCA, Enrolled Actuary. 

We look forward to reviewing this report with you at your next meeting and to answering any questions you may have. 

Sincerely, 

cc: Fund Administrator 

Fund Counsel 

Fund Auditor 

Benefits, Compensation and HR Consulting. Member of The Segal Group. Offices throughout the United States and Canada 0 

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Table of Contents 

Local 807 Labor-Management Pension Fund Actuarial Valuation and Review as of September 1, 2016 

Section 1: Actuarial Valuation Summary 

Summary of Key Valuation Results ....................................................... 8 

A. Developments Since Last Valuation ................................................ 9 

B. Funded Percentage and Funding Standard Account ...................... 9 

C. Solvency Projections ............... : ..................................................... 10 

D. Funding Concerns and Risk .......................................................... 10 

E. Withdrawal Liability ........................................................................ 11 

Comparison of Funded Percentages ................................................... 12 

Section 2: Actuarial Valuation Results 

Participant Information ......................................................................... 13 

Financial Information ............................................................................ 20 

Actuarial Experience ............................................................................ 23 

Actuarial Assump\ions .......................................................................... 27 

Plan Provisions ..................................................................................... 27 

Contribution Rate Changes .................................................................. 27 

Pension Protection Act of 2006 ............................................................ 28 

Funding Standard Account (FSA) ........................................................ 29 

Solvency Projection .............................................................................. 32 

Scheduled Cost .................................................................................... 32 

Funding Concerns ................................................................................ 33 

Risk ...................................................................................................... 34 

Withdrawal Liability .............................................................................. 35 

Disclosure Requirements ..................................................................... 38 

Section 3: Supplementary Information 

Exhibit A- Table of Plan Coverage ...................................................... 39 

Exhibit B - Participant Population ........................................................ .40 

Exhibit C - Employment History .......................................................... .41 

Exhibit D - Summary Statement of Income and Expenses on an 

Actuarial Basis ................................................................................... 42 

Exhibit E - Financial Information Table ................................................ 43 

Exhibit F - Investment Return -Actuarial Value vs. Market Value ..... .44 

Exhibit F - Investment Return -Actuarial Value vs. Market Value ...... 44 

Exhibit G - Annual Funding Notice for Plan Year Beginning September 

1, 2016 and Ending August 31, 2017 ............................................... .45 

Exhibit H - Funding Standard Account ................................................ .46 

Exhibit I - Maximum Deductible Contribution ....................................... 47 

Exhibit J - Pension Protection Act of 2006 ........................................... 48 

Section 4: Certificate of Actuarial Valuation 

Certificate of Actuarial Valuation .......................................................... 50 

Exhibit 1 - Summary of Actuarial Valuation Results ............................ 51 

Exhibit 2 -Actuarial Present Value of Accumulated Plan Benefits ...... 52 

Exhibit 3 - Current Liability ................................................................... 53 

Exhibit 4 - Information on Plan Status as of September 1, 2016 ......... 54 

Exhibit 5 - Schedule of Projection of Expected Benefit Payments ...... 55 

Exhibit 6 - Schedule of Active Participant Data ................................... 56 

Exhibit 7 - Funding Standard Account ................................................. 57 

Exhibit 8 - Statement of Actuarial Assumptions/Methods .................... 60 

Exhibit 9 - Summary of Plan Provisions ............................................... 67 

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Introduction 

There are several ways of evaluating funding adequacy for a pension plan. In monitoring the Plan's financial position, the Trustees should 

keep in mind all ofthese concepts. 

[I Funding 

Standard 

Account 

---~---·--· 

Ir 

Zone 

Information 

r 

Solvency I~, Projections

- Withdrawal 

~ Liability

-------·------ ----

The ERISA Funding Standard Account (FSA) measures the cumulative difference between actual contributions and the 

minimum required contributions. If actual contributions exceed the minimum required contributions, the excess is called 

the credit balance. If actual contributions fall short of the minimum required contributions, a funding deficiency occurs. 

The Pension Protection Act of 2006 (PPA'06) called on plan sponsors to actively monitor the projected FSA credit 

balance, the funded percentage (the ratio of the actuarial value of assets to the present value of benefits earned to date) 

and cash flow sufficiency. Based on these measures, plans are then categorized as critical (Red Zone), endangered 

(Yellow Zone), or neither (Green Zone). The Multiemployer Pension Reform Act of 2014 (MPRA), among other things, 

made the zone provisions permanent. 

Pension plan funding anticipates that, over the long term, both contributions and investment earnings will be needed to 

cover benefit payments and expenses. To the extent that contributions are less than benefit payments, investment 

earnings and fund assets will be needed to cover the shortfall. In some situations, a plan may be faced with insufficient 

assets to cover its current obligations and may need assistance from the Pension Benefit Guaranty Corporation (PBGC). 

MPRA provides options for some plans facing insolvency . --- -·------------ -----·---·---- -------- . ---------------~--------·-·--· 

ERISA provides for assessment of withdrawal liability to employers who withdraw from a multiemployer plan based on 

unfunded vested benefit liabilities. 

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Important Information about Actuarial Valuations 

An actuarial valuation is a budgeting tool with respect to the financing offuture uncertain obligations of a pension plan. As such, it will never 

forecast the precise future contribution requirements or the precise future stream of benefit payments. In any event, it is an estimated forecast 

- the actual cost ofthe plan will be determined by the benefits and expenses paid, not by the actuarial valuation. 

In order to prepare a valuation, Segal Consulting ("Segal") relies on a number ofinput items. These include: 

Plan provisions define the rules that will be used to determine benefit payments, and those rules, or the interpretation of them, 

may change over time. Even where they appear precise, outside factors may change how they operate. For example, a plan 

Plan may require the award of a Social Security disability pension as a condition for receiving a disability pension from the plan. If so, 

Provisions changes in the Social Security law or administration may change the plan's costs without any change in the terms of the plan 

itself. It is important for the Trustees to keep Segal informed with respect to plan provisions and administrative procedures, and 

to review the plan summary included in our report to confirm that Segal has correctly interpreted the plan of benefits. 

ll 

An actuarial valuation for a plan is based on data provided to the actuary by the plan. Segal does not audit such data for 

completeness or accuracy, other than reviewing it for obvious inconsistencies compared to prior data and other information that 

appears unreasonable. For most plans, it is not possible nor desirable to take a snapshot of the actual workforce on the Participant valuation date. It is not necessary to have perfect data for an actuarial valuation: the valuation is an estimated forecast, not a Information prediction. The uncertainties in other factors are such that even perfect data does not produce a "perfect" result. 

Notwithstanding the above, it is important for Segal to receive the best possible data and to be informed about any known 

incomplete or inaccurate data. -· ------ ----

a 

-

Financial 

Information 

Actuarial 

Assumptions 

Part of the cost of a plan will be paid from existing assets - the balance will need to come from future contributions and 

investment income. The valuation is based on the asset values as of the valuation date, typically reported by the auditor. Some 

plans include assets, such as private equity holdings, real estate, or hedge funds, that are not subject to valuation by reference 

to transactions in the marketplace. A snapshot as of a single date may not be an appropriate value for determining a single 

year's contribution requirement, especially in volatile markets. Plan sponsors often use an "actuarial value of assets" that differs 

from market value to gradually reflect year-to-year changes in the market value of assets in determining the contribution 

requirements. ------· -· - ----·-·------·----·--- ---~--------------------

-In prepaFing•an actuarial valuation, Segal starts by developing a forecast of the benefits to be paid to existing plan participants 

~or the rest of their lives and the lives of their beneficiaries. This requires actuarial assumptions as to the probability of death, 

disability, withdrawal, and retirement of participants in each year, as well as forecasts of the plan's benefits for each of those 

· events, The forecasted benefits are then discounted to a present value, typically based on an estimate of the rate of return that 

will be achieved on the plan's assets. All of these factors are uncertain and unknowable. Thus, there will be a range of 

reasonable assumptions, and the results may vary materially based on which assumptions the actuary selects within that range. 

That is, there is no right answer (except with hindsight). It is important for any user of an actuarial valuation to understand and 

accept this constraint. The actuarial model may use approximations and estimates that will have an immaterial impact on our 

results and will have no impact on the actual cost of the plan (the total of benefits and expenses paid out over time). In addition, 

the actuarial assumptions may change over time, and while this can have a significant impact on the reported results, it does 

not mean that the previous assumptions or results were unreasonable or wrong. *

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Given the above, the user ofSegal's actuarial valuation (or other actuarial calculations) needs to keep the following in mind: 

• The actuarial valuation is prepared for use by the Trustees. It includes information for compliance with federal filing requirements and for the plan's 

auditor. Segal is not responsible for the use or misuse of its report, particularly by any other party. 

· • An actuarial valuation is a measurement at a specific date - it is not a prediction of a plan's future financial condition. Accordingly, Segal did not 

perform an analysis of the potential range of financial measurements, except where otherwise noted. 

• Actuarial results in this report are not rounded, but that does not imply precision. 

• Critical events for a plan include, but are not limited to, decisions about changes in benefits and contributions. The basis for such decisions needs to 

consider many factors such as the risk of changes in employment levels and investment losses, not just the current valuation results. 

• ERISA requires a plan's enrolled actuary to provide a statement for inclusion in the plan's annual report disclosing any event or trend that the actuary 

has not taken into account, if, to the best of the actuary's knowledge, such an event or trend may require a material increase in plan costs or required 

contribution rates. If the Trustees are currently aware of any event that was not considered in this valuation and that may materially increase the cost 

of the Plan, they must advise Segal, so that we can evaluate it and take it into account. 

• A certification of "zone" status under PPA'06 is a separate document from the actuarial valuation. 

• Segal does not provide investment, legal, accounting, or tax advice. This valuation is based on Segal's understanding of applicable guidance in these 

areas and of the plan's provisions, but they may be subject to alternative interpretations. The Trustees should look to their other advisors for expertise 

in these areas. ------··---- ---"-· --·---- ---------------- ----- -- - ·----------

• While Segal maintains extensive quality assurance procedures, an actuarial valuation involves complex computer models and numerous inputs. In the 

event that an inaccuracy is discovered after presentation of Segal's valuation, Segal may revise that valuation or make an appropriate adjustment in 

the next valuation. ------·---------

• Segal's report shall be deemed to be final and accepted by the Trustees upon delivery and review. Trustees should notify Segal immediately of any 

questions or concerns about the final content. 

As Segal Consulting has no discretionary authority with respect to the management or assets ofthe Plan, it is not a fiduciary in its capacity as 

actuaries and consultants with respect to the Plan. 

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ACTUARIAL VALUATION OVERVIEW 

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Participant Plan Financial 

Information Provisions Information 

-!, 

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Experience t -- ------- Actuarial 

Assumptions 

Actuarial i I-_. "P'- _,-tf' - Modeling · · = L"' =-

I -I 

i i 

Zone Funding Standard Scheduled Disclosures Withdrawal Solvency 

Liability Projections 

~ ~ -

I~I -· - •.•.;c,a 

Information 

D 

Account Cost 

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Section 1: Actuarial Valuation Summary 

Summary of Key Valuation Results 

2015 2016 

Certified "Red" "Red!f' Zone Status -----------------. ----

Demographic Data: 

• Number of active participants 746 714 

• Number of inactive participants with vested rights 866 954 

• Number of retired participants and beneficiaries 2,950 2,866 

Assets: 

$151,975,903 • Market value of assets (MVA) $157,444,721 

• Actuarial value of assets (AVA) 158,082,714 154,640,867 

• AVAasapercentofMVA ____ _ 100.4% - - - -

101.8%---- -

Cash Flow:· 

$8,879,222 • Projected employer contributions at the negotiated rates $7,052,572 

• Actual Contributions including withdrawal liability payments 13,143,067 

30,215,241 • Projected benefit payments and expenses 29,294,190 

2028 • Insolvency projected in Plan Year ending Aug,.,,u:-cst,.,3,.:1"-'-----------------=2:.:0=2=-8______ ---------- -·---·· =----- Statutory Funding Information: 

$27,632,582 $55,589,815 • Minimum required contribution 

571,550,411 596,623,925 • Maximum deductible contribution 

• Annual Funding Notice percentage 50.7% 46.7%

• FSA deficiency as of Augyst 31______ ----- ---- !O __ -~1-4:,_03!,??2 

Cost Elements on an FSA Basis: 

$2,413,752 • Normal cost, including administrative expenses $2,357,983 

338,327,966 •• Actuarial .accrued liability 318,635,553 

183,687,099 ·• Unfunded actuarial accrued liability (cb~a~se~d~o~n=A~V~A,)_____________1_6~0~,5_5_2~,8_3_9______ -----·------·-'-'---------

Withdrawal Liability:' • 

• Present value of vested benefits $386,124,395 $401;758,145 

249,782,242 _. · • Unfunded present value of vested benefits (!>~_El_d on MVA) 228,679,674 --------· 

' Using the assumptions described in Section 2: Withdrawal Liability Assumptions. 

Section 1: Actuarial Valuation Summary as of September 1, 2016 for the Local 807 Labor-Management 

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This September 1, 2016 actuarial valuation report is based on financial and demographic information as of that date. Changes subsequent to 

that date are not reflected unless specifically identified, and will affect future results. Segal is prepared to work with the Trustees to analyze 

the effects of any subsequent developments. The current year's actuarial valuation results follow. 

A. Developments Since Last Valuation 

I. The rate of return on the market value of plan assets was 7.28% for the plan year ended August 31, 

2016. The rate ofreturn on the actuarial value of assets was 8.61%. Given the low fixed income 

interest rate environment, target asset allocation and expectations of future investment returns for 

various asset classes, we will continue to monitor the Plan's actual and anticipated investment 

returns relative to the assumed long-term rate ofreturn on investments of 7 .50%. 201~ 

2. With this valuation, the assumptions for mortality, retirement rates, benefit election, hours worked ,.., ·.· .;,:-·· ·, 

per active participant and exclusion ofinactive vested participants have been revised. See Section 4, 

exhibit 8 for more infonnation. 

3. The 2016 certification, issued on November 29, 2016, based on the liabilities calculated in the 2015 

actuarial valuation, projected to August 31, 2016, and estimated asset information as ofAugust 31, 2016 classified the Plan as critical and 

is also critical and declining (in the Red Zone) because there is a projected deficiency in the FSA and the Plan was projected to be 

insolvent within 20 years and the ratio ofinactives to actives is at least 2. This projection was based on the Trustees' industry activity 

assumption that the active population will decline by I% per year for 5 years and, on average, contributions will be made for 1,750 hours 

per year for each active participant. 

B. Funded Percentage and Funding Standard Account 

I. Based on this September I, 2016 actuarial valuation, the funded percentage that will be reported 

on the 2016 Annual Funding Notice is 46.7%. 

2. The funding deficiency in the FSA as ofAugust 31, 2016 was $14,037,722, compared to a credit I 

balance of$9,576,700 in the prior year. '----

Ir;:-- /'

Section 1: Actuarial Valuation Summary as of September 1, 2016 for the Local 807 Labor-Management 9 

Pension Fund 

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C. Solvency Projections 

The Plan is projected to be unable to pay benefits within 12 years (i.e., the year ending August 31, 

2028), assuming experience is consistent with the September 1, 2016 assumptions. This is the 

same as projected in the September I, 2015 valuation. This projection does not take into account • 

future contribution rate increases required under the Rehabilitation Plan. We are working with the 

Trustees including benefit suspensions under MPRA to address this this cash-flow crisis. • 

Reflecting future rate increases required under the Rehabilitation Plan, the Plan is projected to be 

insolvent in the year ending August 31, 2032. 2114 2015 201& 2017 2018 2019 

it.:,.::...;,.:..v. ----

D. Funding Concerns and Risk 

1. The imbalance between the benefit levels in the Plan and the resources available to pay for them is being 

monitored. 

2. The growing funding deficiency and the projected inability to pay benefits need prompt attention. 

3. We are working with the Trustees to develop alternatives to address this situation including updating the 

Rehabilitation Plan if needed and exploring possible benefit suspension under MPRA. 

4. The actions already taken to address this issue include plan changes and scheduled contribution rate increases 

per the Rehabilitation Plan. 

5. Since the actuarial valuation results are dependent on a given set of assumptions, there is a risk that emerging 

results may differ significantly as actual experience proves to be different from the assumptions. We have 

included a list of various risks that may affect the Plan in Section 2. 

Section 1: Actuarial Valuation Summary as of September 1, 2016 for the Local 807 Labor-Management 

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E. Withdrawal Liability 

1. The unfunded present value of vested benefits for withdrawal liability purposes (UVB) is $249,782,242 (using the 

assumptions outlined in Section 2: Withdrawal Liability Assumptions). Compared to $228,679,674 as ofthe prior 

year, the increase of$21,102,568 is primarily due to changes in assumptions. 

2. The Trustees have adopted the method outlined in PBGC Technical Update 10-3 to account for benefit reductions 

implemented by the Rehabilitation Plan. The unamortized value ofthose benefit reductions is included in the 

unfunded vested benefit amount shown above. 

Section 1: Actuarial Valuation Summary as of September 1, 2016 for the Local 807 Labor-Management 

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Comparison of Funded Percentages 

Funded Percentages I ______ as of Se~tember 1-----t------- 2016 

2015 2016 , Liabilities Assets 

1. Present Value of Future Benefits 48_6% 44-7% $345,646,035 $154,640,867 ------ .. ---

2_ Actuarial Accrued Liability 49-6% 45.7% 338,327,966 154,640,867 

----- -------- ----------··-----

3. PPA'06 Liability and Annual Funding Notice 50_7% 46.7% 331,036,014 154,640,867 ----- -- ------ ------ --- -· ----. 

4_ Accumulated Benefits Liability 50_5% 45_9% 331,036,014 151,975,903 

------------------ ·--·---- ----

5. Withdrawal Liability 40.8% 37-8% 401,758,145 151,975,903 - - ------------·------- ----- ·---------- - ------------- ---·------ "···----

6_ Current Liability 30-6% 28-6% 530,817,964 151,975,903 -----------. ------ -- -- -------

Notes: 

1. The value of benefits earned through the valuation date (accrued benefits) plus the value of benefits projected to be earned in the future for 

current participants. Used to develop the actuarial accrued liability, based on the long-term funding investment return assumption of 7_50% and the 

actuarial value of assets_ The funded percentage using market value of assets is 48.4% for 2015 and 44.0% for 2016_ 

2. The portion of the present value of future benefits allocated by the actuarial cost method to years prior to the valuation date_ Based on the longterm funding investment return assumption 017.50% and the actuarial value of assets. The funded percentage using market value of assets is 

49.4% for 2015 and 44.9% for 2016. 

3. The present value of benefits earned through the valuation date (accrued benefits) defined by PPA'06, based on the long-term funding investment 

return assumption of 7.50% and compared to the actuarial value of assets. 

4. The present value of accrued benefits for disclosure in the audited financial statements, based on long-term funding investment return assumption 

of 7.50%, and compared to the market value of assets. 

5. The present value of vested benefits for withdrawal liability purposes, based on the blended interest rate and other assumptions described in 

Section 2: Withdrawal Liability Assumptions, the present value of vested benefits, and compared to the market value of assets. Includes the 

unamortized value of the Rehabilitation Plan reductions. 

6. The pres~nt vaiue of accru~d benefits based on a government-prescribed mortality table and investment return assumption of 3.31% for 2015 and 

3.11% for 2016, and compared to the market value of assets. Used to develop the maximum tax-deductible contribution and shown on the 

Schedule MB if less than 70%_ 

Disclosure: These measurements are not necessarily appropriate for assessing the sufficiency of Plan assets to cover the estimated cost of settling the Plan's benefit obligations or the need for 

or the amount of future contributions. 

Section 1: Actuarial Valuation Summary as of September 1, 2016 for the Local 807 Labor-Management 

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Section 2: Actuarial Valuation Results 

Participant Information 

 The Actuarial Valuation is based on demographic data as ofAugust 31, 2016. 

 There are 714 active pa1iicipants in the current valuation, compared to 746 in the prior valuation. The ratio ofnon-actjves to actives 

has increased to 5.4 from 5.1 in the prior year. 

 More details on the historical information are included in Section 3, Exhibits A and B. 

POPULATION AS OF RATIO OF NON-ACTIVES TO ACTIVES 

AUGUST 31 AS OF AUGUST 31 

4,000 6.00

3,500 .a. .a. • .a. 5.00 .a. .a. 

•• ..

.a. .. ..a. 3,000 

4.00 

2,500 

3.00 2,000 

1,500 

•• 

2.00 

!I. ' ' = ' : ' ' ! 1,000 

1.00 

500 

0,00 ---•-• --,.,.•-••-.·r_•~-

0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

i'-Active -a-inactive Vested -.-in Pay Status 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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Active Participants 

 There were 714 active participants this year, a decrease of4.3% compared to 746 in the prior year. 

 The age and service distribution is included in Section 4, Exhibit 6. 

Distribution of Active Participants as of Janua 31, 2016 

ACTIVES BY AGE ACTIVES BY PENSION CREDITS 

160 - 160 

140 140 

120 120 

100 100 

80 80 

60 60 

40 

20 

-____J___I __ ---.. .__I_I_ 0 .

Average age 50.9 Average pension credits 14.4 

Prior year average pension credits 14.1 Prior year average age 50.4 

Difference · 0.5 Difference 0.3 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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Historical Employment

 The charts below show a history of hours worked over the last ten years. Additional detail is in Section 3, Exhibit C. 

 The 2016 zone certification was based on an industry activity assumption of a reduction in active participant levels of 1% per year for 

five years and, on the average, contributions will be made for each active for 1,750 hours each year. 

 Based on the average annual hours per active for the last 10 years of 1,865, the long-term assumption was revised to 1,850 hours with 

this valuation. 

 The valuation is based on 714 actives and a long-term employment projection of 1,850 hours. 

 Recent average hours have been increasing. 

TOTAL HOURS AVERAGE HOURS 

2.50 2,500 - ·-·- ·-··-··-·---

2.00 2,000 

1.50 1,500 <J) 

C: 

.Q 

:!i 

1.00 1,000 

0.50 500 

.. 0.00 0 

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

Historical Average Total Hours 

Lasty~ 1,544,780 

Last five years 1,471,203 

Last 10 xeccca~r~s______c._1,~6~0~8,~4~3~3-

Long-term ass um J)liO=--'n-'------'1-",3'-'2'-'0~,9~0~0'--

Historical Average Hours 

--~~~.!),•~e=a,_r___ ______ 2,178_ 

Last five_y'-"e'-=a"-'rs'----_ 1,957 

Last 10 years 1,866 _ 

_h~g-term assumption 1,850___ 

Note: The total hours of contributions are based on total contributions divided by the average contribution rate for the year, which may differ from the hours reported to the 

Fund Office. 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management v 

Pension Fund ~ Segal Consulting 15 
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Inactive Vested Participants

 A participant who is not currently active and has satisfied the requirements for, but has not yet commenced, a pension is considered an 

"inactive vested" participant. 

 With this valuation, the assumption to exclude inactive vested participants over age 70 has been revised to not exclude these 

participants.

 There were 938 inactive vested participants this year, an increase of 10.6% compared to 848 last year. The increase is primarily due to 

the inclusion ofinactive vesteds over age 70. 

 This excludes 16 beneficiaries entitled to future benefits this year and 18 last year. 

Distribution of Inactive Vested Participants as of Janua 31, 2016 

INACTIVE VESTEDS BY AGE INACTIVE VESTEDS BY MONTHLY AMOUNT 

300 250 

250 200 

200 

150 

~ ~ ,:t ~ 

~, ~,~ ~, 

Average age 58.6 Average amount $951 

Prior year average age 55.2 Prior year average amount $1,010 

Difference 3.4 Difference -$59 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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New Pensions Awarded 

Total Re ular Disabilit 25 Year 30 Year Deferred 

• - -.-

• 

2007 87 $1,006 10 $564 16 $825 2 $1,478 8 $1,648 20 $2,022 31 $391 

2008 85 1,260 20 1,258 19 1,296 5 773 5 2,646 16 1,635 20 703 

2009 70 1,206 ------------·- ---- -

11 --------- 1,073 14 948 -- 5 1,552 5 - ----- 1,557 -----

15 1,954 20 723 

2010 89 1,441 10 1,393 20 1,766 9 1,418 18 2,495 ------------------------------------ --------

32 667 -----

2011 107 1,796 ---------------~--- 16 2,135 22 925 2 1,798 7 2,053 ------------------ ------- 35 3,082 25 471 -- ---

2012 82 1,215 20 1,289 25 1,041 4 1,368 6 3,297 27 834 

26 589 2013 51 749 12 1,060 13 782 ------- - -- --- ------·--·· --------··-·- ----- 26 580 2014 44 754 9 1,262 9 747 

2015 60 1,093 ------ ------------- 16 1,788 19 1,014 ----- ----- 25 710 

2016 54 1,075 13 1,500 20 1,191 21 700 --------·----- ------- ----·-------

'. 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

Pension Fund 

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Pay Status Information 

August 31, 2015 vs. August 31, 2016 

Bl pensioners and B beneficiaries  rB!J pensioners and B beneficiaries 

~ff,t/$R1jif~ total monthly benefits:-r:::e-=-ce::;iv:::e:::d;---------:-:-------,;8ff~;;.~..;%;;.•&•·r.ffiP.ft~t-ot-a-:--Im-on-:t-:--hl:::y~b-enefits-r~c~;~~ 

Distribution of Pensioners as of Au ust 31, 2016 

PENSIONERS BY TYPE AND PENSIONERS BY TYPE AND 

BY AGE MONTHLY AMOUNT 

500 900 

450 800 

400 1- 700 I 

350 600 ~'1 ~"1 300 500 

250 400 

200 300 

150 200 

100 100 

50 

.,c?J c?J c?J c?J c?J .,c?J Ojc?J ,t; 

0 -----• _I_LfJ JE;J _-~-- [~ -~•"'''·-' 

0 

..# .

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~ "-' "-' 

Oj 

'V 

n, 

'V 0,' "' O,' 0,' ~ , , , " , 'It

(:'# ..# ~· ~ <3 ~ ~ ~ '8 ~ ~ ~- # -:s 4i 

.,,

,__'P 

.,,"-' <o:

(\,' .,,(\,' "" <o: (\,' <o:

n,'P 

<o:

n,- ....... 

"Regular  Early  Disability  25 Year r:, 30 Year II Deferred "Regular  Early  Disability  25 Year 0130 Year  Deferred 

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------ -----

Progress of Pension Rolls Over the Past Ten Years 

IN PAY STATUS AT YEAR END 

Year 

2007 

Number 

2,889 

Average 

Age 

73.8 

Average 

Amount 

$703 

Terminations' 

183 

Additions2 

87 

2008 2,827 -----·---·- 74.2 727 147 85 - ----- --------

2009 2,741 74.6 751 156 70 

2010 2,686 74.9 778 144 89 -----·--

2011 2,616 74.9 833 177 107 

2012 2,557 75.2 864 141 82 - -- - ----- -·---- ----

2013 2,494 75.6 873 114 51 

2014 2,399 76.1 891 139 44 ·-·--·---- --

2015 2,303 76.4 914 160 64 --~----------~-

2016 2,214 76.6 936 143 54 ·- ----------- ------- ------ ..--- --------

1 Terminations include pensioners who died or were suspended during the prior plan year. 2 Additions to the pension rolls include new pensions awarded and suspended pensioners who have been reinstated. 

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Financial Information 

 Benefits and expenses are funded solely from contributions and investment earnings. 

 Additional detail is in Section 3, Exhibit D. 

 For the most recent year, benefit payments and expenses were 2.2 times contributions. 

COMPARISON OF EMPLOYER CONTRIBUTIONS 

WITH BENEFITS AND EXPENSES PAID 

35 

30 

25 

"' C 20 ~ 

~ .,. 15 

10 

5 

0 

2014 2007 2008 2009 2010 2011 2012 2013 

 Contributions Expenses  Benefits Paid 

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----- 1 

Determination of Actuarial Value of Assets 

 The asset valuation method gradually recognizes annual market value fluctuations to help mitigate volatility in the actuarial. cost 

calculations. 

 Less volatility in the actuarial cost better aligns with negotiated contribution rates. 

Market value of assets, August 31, 2016 $151,975,903 

Original Unrecognized 

2 Calculation of unrecognized return Amount* Return-

(a) Year ended August 31, 2016 -$329,297 -$263,438 

(b) Year ended August 31, 2015 -16,493, 756 -9,896,254 

(c) Year ended August 31, 2014 15,780,415 6,312,166 

(d) Year ended August 31, 2013 5,912,804 1,182,561 

(e} Year ended August 31, 2012 3,618,207 Q 

(f) Total unrecognized return -$2,664,964 

3 Preliminary actuarial value: (1) • (2h) 154,640,867 

-------------··------

4 Adjustment to be within 20% corridor 0 

·----- ------- - - - - --------- - ---···- - -- -- -- --------~-------- --------- - - -···- - -------- --

154,640,867 5 F-inal ,aJ;:tuarial value of assets as of August 31, 2016: (3) + (4) ---------·--- -·-- ··-- --------

101.8% 6 Actuarial value as a percentage of market value: (5) + (1) --------------------··--·--·· 

-$2,664,964 7 Amount deferred for future recognition: (1) - (5) -~---·· ·····-·-·-·-·------------·· -·- -

• Tot~! return minus expected return on a market value basis 

** Recognition at 20% per year over 5 years 

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Asset History for Years Ended August 31 

ACTUARIAL VALUE OF ASSETS VS. MARKET VALUE OF ASSETS 

350 

100 

50 

0 ···--~-- -- - -

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

-4-Actuarial Value ---Market Value 

300 

250 <I) 

C 

.Q 200 ~ .,,. A - -.. -

150 

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Actuarial Experience 

 Assumptions should reflect experience and should be based on reasonable expectations for the future. 

 Each year actual experience is compared to that projected by the assumptions. Differences are reflected in the contribution 

requirement as an experience gain or loss. 

 Assumptions are not changed if experience is believed to be a short-term development and that, over the long run, experience will 

return to assumed levels. 

 The net experience variation for the year was not significant when compared to that liability. 

EXPERIENCE FOR THE YEAR ENDED AUGUST 31, 2016 

-----···------------------------

1 Net gain from investments $1,649,824 

2 Net gain from administrative expenses 73,257 

3 Net loss from other experience -1.803.771 

4 Net experience loss:'1 + 2 + 3 -$80 690 -----· ·------------- --

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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Actuarial Value Investment Experience 

 Net investment income consists of expected investment income at the actuarially assumed rate ofreturn, and an adjustment for market 

value changes. Investment expenses are subtracted. 

 The actuarial value of assets does not yet fully recognize past investment gains and losses, which will affect future actuarial 

investment returns. 

INVESTMENT EXPERIENCE FOR THE YEAR ENDED AUGUST 31, 2016 

1 Net investment income $12,772,694 

2 Average actuarial value of assets 148,304,928 

3 Rate of return: 1 + 2 8.61% -------··---- -------

4 Assumed rate of return 7.50% 

5 Expected net investment income: 2 x 4 $11,122,870 - -- -----·------ ----------. ----·- ----·----·----··-

6 Actuarial gain: 1 • 5 $1649,824 ·- - ·---- - ·-------------------------------- -----------------------···--------------··- ···---- ·-

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0 
--------

Historical Investment Returns 

 Actuarial planning is long tenn. The obligations of a pension plan are expected to continue for the lifetime of all its participants. 

 The assumed long-tenn rate ofreturn of 7 .50% considers past experience, the Trustees' asset allocation policy and future eJi;.pectations. 

MARKET VALUE AND ACTUARIAL RATES OF RETURN FOR YEARS ENDED 

AUGUST 31 

20% 

15% 

10% 

5% 

0% 

-5% 

-10% 

-15% 

-20% 

-25% 

2013 2014 2015 2016 2007 2008 2009 2010 2011 2012 

-4>-Actuarial Value ---Market Value 

Average Rates of Return Actuarial Value Market Value 

Most recent year return: 8.61% 7.28% ----------~~ 

Most recent five-year average return: 5.81% 8.55% 

Ten-year average return: 3.46% 3.53% 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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Non-Investment Experience 

Administrative Expenses 

 Administrative expenses for the year ended August 31, 2016 totaled $1,204,147, as compared to the assumption of$1,275,000. 

Mortality Experience 

 Mortality experience (more or fewer than expected deaths) yields actuarial gains or losses. 

 The average number of deaths for nondisabled pensioners over the past two years was 14 7 per year compared to 156 projected deaths 

per year. The average number of deaths for disabled pensioners over the past two years was 7.5 per year compared to 5 .5 projected 

deaths per year. 

Other Experience ,

 Other differences between projected and actual experience include the extent of turnover among the participants, and retirement 

experience ( earlier or later than projected). 

'. 

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Actuarial Assumptions 

 The assumption changes are: 

• The mortality assumption, including an allowance for future longevity improvement, was updated to the RP-2014 Blue Collar 

Mortality Tables (adjusted back to 2006), with generational Scale MP 2016 from 2006. 

• The retirement rates for active and inactive vested participants are revised based on past experience and future expectations. 

• The assumption for benefit election was updated. 

• Inactive vested participants over age 70 are no longer excluded from the valuation. 

• The assumption for hours worked per active was increased to 1,850 hours per year. 

 These changes increased the actuarial accrued liability by 6.98% and increased the normal cost by 2.20%. 

 Details on actuarial assumptions and methods are in Section 4, Exhibit 8. 

Plan Provisions 

 There were no changes in plan provisions for FSA purposes since the prior valuation. 

 A summary ofplan provisions is in Section 4, Exhibit 9. 

Contribution. Rate Changes 

 The average contribution rate increased to $6.36 per hour as ofthis valuation. 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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I 

I 

·-. 

Pension Protection Act of 2006 

2016 Actuarial Status Certification 

 PPA'06 requires trustees to actively monitor their plans' financial prospects to identify 

emerging funding challenges so they can be addressed effectively. Details are shown in 

Section 3, Exhibit J. 

 The 2016 certification, completed on November 29, 2016, was based on the liabilities 

calculated in the September I, 2015 actuarial valuation, adjusted for subsequent events 

and projected to August 31, 2016, and estimated asset information as ofAugust 31, 2016. 

The Trustees provided an industry activity projection of an active population declining 

I% per year for 5 years and level thereafter with contributions made for 1,750 hours per 

year for each active participant. 

 This Plan was classified as critical and is also critical and declining (in the Red Zone) 

because there is a projected deficiency in the FSA, the Plan was projected to be insolvent 

within 20 years and the ratio of inactives to actives is at least 2. 

Rehabilitation Plan Update 

 The Plan's Rehabilitation Period began September 1, 2013 and ends August 31, 2048. 

 Section 432( e)(3)(B) requires that the Trustees annually update the Rehabilitation Plan and Schedules. 

Year Zone Status , 

2008. Green 

2009 Green 

2010 Red 

2011 Red 

2012 Red 

2013 Red 

2014 Red 

2015 Red 

2016 Red (Critical and 

Declining) ~~--· 

 Based on this valuation, projections show the Plan is not expected to emerge from critical status within the Rehabilitation Period. 

 The annual standards detailed in the Rehabilitation Plan are projected to be met for the next several years. 

 Segal will continue to assist the Trustees to evaluate and update the Rehabilitation Plan and to prepare the required assessment of 

Scheduled Progress. We are prepared to continue to work with the Trustees including benefit suspensions under MPRA lo address the 

cashflow crisis. 

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Funding Standard Account (FSA) 

 On August 31, 2016, the FSA had a funding deficiency of$14,037,722, as shown on the 2015 Schedule MB. Contributions meetthe 

legal requirement on a cumulative basis iftbat account shows no deficiency. 

 Employers contributing to plans in critical status will generally not be penalized if a funding deficiency develops, provided tbe parties 

fulfill their obligations under the Rehabilitation Plan, including negotiation ofbargaining agreements consistent with Schedules 

provided by the Trustees. 

 The minimum funding requirement for tbe year beginning September 1, 2016 is $55,589,815. 

 Based on the assumption that 714 participants will work an average of 1,850 hours at a $6.3560 average contribution rate, the 

contributions projected for the year beginning September I, 2016 are $8,395,614. In addition, withdrawal liability payments are 

projected to be $1,123,563. The funding deficiency is projected to increase by approximately $31,705,694 to $45,743,416 as of 

August 31, 2017. 

 A summary ofthe ERIS A minimum funding requirements and the FSA for the year ended August 31, 2016 is included in 

Section 3, Exhibit H. 

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Funding Standard Account Projection 

 A 15-year projection indicates the funding deficiency will continue to increase, assuming that: 

• The Plan will earn a market rate ofreturn equal to 7.50% each year. 

• All other experience emerges as assumed, no assumption changes are made, and 

• There are no plan amendments or changes in law/regulation. 

 The projection is based on a level number of active employees and 1,850 hours per capita. 

CREDIT BALANCE AS OF AUGUST 31 

150 

100 

~ 50 I ~ -- o~--·- ~ . - ~ __.,,.._. .. "'"' -- - -50 

~ -100 

~ -150 

.,. 

~ -200 

-250 

-300 

-350 

-400 

2012 2015 2018 2021 2024 2027 2030 

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0

__, 

"' 0, 
350 

300 

250 "' C: 

~ 200 

2 150 <I> 

100 

50 

0 

--· 

PPA'O& Funded Percentage Historical Information 

PRESENT VALUE OF ACCRUED BENEFITS (PVAB) VS. 

ACTUARIAL VALUE OF ASSETS AS OF SEPTEMBER 1 

2012 2013 2014 2015 2016 2007 2008 2009 2010 2011 

 PVAB  Actuarial Value of Assets 

PPA '06 FUNDED PERCENTAGE AS OF SEPTEMBER 1 

100% 

90% 

80% 

60% .. -- - -

50% 

40%. 

30% 

20% 

10% 

70% --- - -...,-__~~-=-~_.~· ---~......-~......:....--.._--+---+-----· 

-~~-·------------·-··-- -·- 0% ---·---·----· - - -··-- - . - " -·- ----.-----~-·------~--~----·-- -·----------------.. - -------·- 2015 2016 2007 2008 2009 2010 2011 2012 2013 2014 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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31 Segal Consulting Pension Fund 
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Solvency Projection 

 PPA'06 requires Trustees to monitor plan solvency - the ability to pay benefits and expenses when due. MPRA classifies red zone 

plans that are projected to become insolvent within 15 or 20 years as "critical and declining." See Section 3, Exhibit J for more 

information. 

 This Plan was certified as critical and declining based on a projected insolvency in 17 years. 

 Based on this valuation, assets are projected to be exhausted in the year ending August 31, 2028, as shown below. This is the same as 

projected in the prior year valuation. 

 This projection is based on the negotiated contribution rates, the current valuation assumptions and the Trustees' industry activity 

projections. This projection does not reflect the contribution rate increases required under the Rehabilitation Plan. Reflecting future 

rate increases required under the Rehabilitation Plan, the Plan is projected to be insolvent in the year ending August 31, 2032. 

 The Plan is operating under a Rehabilitation Plan that is intended to forestall insolvency. 

PROJECTED ASSETS AS OF AUGUST 31 

160 

2024 2025 2026 2027 2028 2017 2018 2019 2020 2021 2022 2023 

<fl 

C: 

~ 

~ 

~ 

140 

120 

100 

80 

60 

40•. 

20 

0 

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Funding Concerns 

 The imbalance between the benefit levels in the Plan and the resources available to pay for them must be monitored. 

 The growing funding deficiency and the projected inability to pay benefits need prompt attention. 

 We are working with the Trustees to develop alternatives to address this situation including updating the Rehabilitation Plan ifneeded 

and exploring possible benefit suspension under MPRA. 

 The actions already taken to address this issue include plan changes and scheduled contribution rate increases per the Rehabilitation 

Plan. 

 Since the actuarial valuation results are dependent on a given set of assumptions, there is a risk that emerging results may differ 

significantly as actual experience proves to be different from the assumptions. We have included a list ofvarious risks that may affect 

the Plan in Section 2. 

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Risk 

 Since the actuarial valuation results are dependent on a given set of assumptions, there is a risk that emerging results may differ 

significantly as actual experience proves to be different from the assumptions. 

 We have not been engaged to perform a detailed analysis ofthe potential range offuture measurements. However, we have included a 

brieflist of some risks that may affect the Plan: 

• Inveshnent Risk (the risk that returns will be different than expected) 

• Longevity Risk (the risk that mortality experience will be different than expected) 

• Contribution Risk (the risk that actual contributions will be different from projected contributions) 

• Demographic Risk (the risk that participant experience will be different than assumed) 

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0 
Withdrawal Liability 

 As of August 31, 2016, the preliminary actuarial present value of vested plan benefits for withdrawal liability purposes is 

$394,606,217. 

 Reductions in accrued benefits or contribution surcharges for a plan in critical status (Red Zone) are disregarded in determining an 

employer's allocation ofthe UVB. The Trustees have adopted a method for calculating the UVB effective for withdrawals that occur 

on and after September 1, 2011. The method is based on the PBGC's Technical Update 10-3, which describes how to account for the 

effect ofbenefit reductions that are implemented as part of a Rehabilitation Plan ("Affected Benefits") when a pension plan is in 

critical status. 

 The unamortized value of all Affected Benefits pools ( as shown in the chart on the next page) is also included in the total ·present 

value of vested benefits of$401,758,145 as of August 31, 2016. 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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Unfunded Present Value of Vested Benefits For Withdrawal Liability Purposes 

 The $21,102,568 increase in the unfunded present value ofvested benefits from the prior year is primarily due to the changes in 

assumptions. 

' 

_____ Augu!5t].1 

2015 2016 

1 Present value of vested benefits (PVVB) measured as of valuation date $378,502,197 $394,606,217 ---------- --------------------- -·---------·---

2 Unamortized value of Affected Benefits pools 7,622,198 7,151,928 

----· 

3 

4 

5 

Total present value of vested benefits: 1 + 2 $386,124,395 ------------------ -------

Market value of assets 157,444.721 

Unfunded present value of vested benefits (UVB): 3 - 4, not less than $0 $228,679,674 -------------·- --------·---·--- ---- -----------·- --

$401,758,145 

---,-----------

151.975.903 

$249,782,242 

, ·-~ -.. -,,, 

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Withdrawal Liability Assumptions 

 The actuarial assumptions and methods are reasonable (taking into account the experience ofthe Plan and reasonable expectations) 

and, in combination, represent the actuary's best estimate of anticipated experience under the Plan to determine the unfunded vested 

benefits for withdrawal liability purposes. 

 The interest rate is based on a blend, which includes rates selected based on estimated annuity purchase rates for benefits being settled, 

because withdrawal liability is a final settlement of an employer's obligations to the Plan. For benefits that could be settled 

immediately, because assets on hand are sufficient, the annuity purchase rates are those promulgated by PBGC under 

ERISA Sec. 4044 for multiemployer plans terminating by mass withdrawal on the measurement date. For benefits that cannot be 

settled immediately because they are not currently funded, the calculation uses rates equal to the interest rate used for plan funding 

calculations. 

Interest For liabilities up to market value of assets, 2.50% for 20 years and 2.85% beyond (2.32% for 20 years and 2.37% beyond, in 

the prior year valuation). For liabilities in excess of market value of assets, same as used for plan funding as of September 

1, 2016 (the corresponding funding rate as of a year earlier was used for the prior year's value). • 

Administrative 

Expenses 

Calculated as prescribed by PBGC formula (29 CFR Part 4044, Appendix C); not applicable to those liabilities determined 

using funding interest rates. 

Mortality Same as used for plan funding as of September 1, 2016 (the corresponding mortality rates as of a year earlier were used for 

the prior year's value) -- - ----------··---···-- -------~ 

Retirement Rates Same as used for plan funding as of September 1, 2016 (the corresponding retirement rates as of a year earlier were used 

for the prior year's value) --------·--------

.---- ·, -·~_,,.,. .. 

• 

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Disclosure Requirements 

Annual Funding Notice 

 The actuarial information to be provided in the annual funding notice is shown in Section 3, Exhibit G. 

 The value of plan benefits earned to date as of September I, 2016 is $331,036,014 using the long-term funding interest rate of 7.50%. 

As the actuarial value of assets is $154,640,867, the Plan's funded percentage is 46.7%, compared to 50.7% in the prior year. 

Current Liability 

 The Plan's current liability as of September I, 2016 is $530,817,964 using an interest rate of 3.11 %. As the market value of assets is 

$151,975,903, the funded current liability percentage is 28.6%. This is required to be disclosed on the 2016 Schedule MB of IRS Form 

5500 since it is less than 70%. Details are shown in Section 4, Exhibit 3. 

Accounting Information 

 The Financial Accounting Standards Board (F ASB) requires determination ofthe present value of accumulated plan benefits - the 

single-sum value ofthe benefits, vested or not, earned by participants as of the valuation date. Additional details on the present value 

ofthe accumulated plan benefits can be found in Section 4, Exhibit 2. 

Section 2: Actuarial Valuation Results as of September 1, 2016 for the Local 807 Labor-Management 

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*Segal Consulting 38 
-- -----------

-- - - - ------------ -----

Section 3: Supplementary Information 

EXHIBIT A - TABLE OF PLAN COVERAGE 

I

i_____ Year Ended Aug~ 

; ---r- I Changefrom 

Category I 2015 : 2016 Prior Year 

Participants in Fund Office tabulation 793 791 -0.3% 

__ l,.ess: Participantswith_lessthan one_p5'nsion_credit ___ 47 77 flllJ\.. -----·----

Active participants in valuation: 

• Number 746 714 -4.3%

50.4 50.9 0.5 • Average age 

14.1 14.4 0.3 • Average pension credits 

• Average contribution rate for upcoming year $5.4022 $6.3560 17.7%

• Number with unknown age information 62 68 9.7%

• Total active vested participants 601 566 -5.8%

Inactive participants with rights to a pension: 

• Number 848 938 10.6%

55.2 58.6 3.4 • Average age 

• _Averag<l estimated monthly benefit ____ _ -- $1,010 _---~- --~9~1 _ -5.8%- -------- . 

• Beneficiaries with rights to deferred payments 18 16 -11.1% ---------------'--'~--------

Pensioners: 

• Number in pay status 2,303 2,214 -3.9%

76.4 76.6 0.2 • Average age 

• Average monthly benefit $914 $936 2.4%

• Number of alternate payees in pay status 21 23 9.5%

•- Number in suspended_status_ ________________________ _ 1 . - -------- 6 500.0%

Beneficiaries: 

• Number in pay status 646 646 0.0%

77.5 78.0 0.5 • Average age $294 $306 4.1% --"- -~','_E_lra_ge monthly be_n<lfiL __ _ ··----- -· 

Section 3: Supplementary Information as of September 1, 2016 for the Local 807 Labor-Management 

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----------

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EXHIBIT B - PARTICIPANT POPULATION 

Year Ended Active Inactive Vested Pensioners and Ratio of Non-Actives 

August 31 Partici ants Participants Beneficiaries to Actives 

2007 1,108 1,079 3,530 4.16 -- ·---···· -------- ---

2008 1,049 1,077 3,477 4.34 

2009 1,014 1,055 3,387 4.38 - --------------- ---------· ------------- - - -- ------·---------------

2010 900 1,026 3,337 4.85 

2011 823 977 3,284 5.18 -- --- ---- - ----·------- -- ---- ----------- -- ·-----·-·--· 

2012 799 936 3,228 5.21 

2013 745 928 3,147 5.47 _______., _____ 

2014 762 892 3,047 5.17 

2015 746 866 2,950 5.11 - - - - ___ .,. - ------------· --

2016 714 954 2,866 5.35 

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------------------- ------------ - --------- ---- ---- --- ---

----- - ------------------------------------------------------- -

EXHIBIT C - EMPLOYMENT HISTORY 

I I I Average Hours of 

I Total Hours of Contributions' Active Partici ants . Contributions 

' ' Year Ended : 

Au ust 31 : Number , Percent Change , Number I Percent Change I Number Percent Chan e 

2007 2,020,991 -5.3% 1,108 -1.8% 1,824 -3.5% ---------------·-··------------ --------------- ··----------------

2008 2,067,352 2.3% 1,049 -5.3% 1,971 8.1% 

2009 1,720,548 -16.8% 1,014 -3.3% 1,697 -13.9% --- -----------------

2010 1,546,363 -10.1 % 900 -11.2% 1,718 1.2% 

2011 1,373,063 -11.2% 823 -------·-------- -8.6% ·--------- 1,668 -2.9% 

2012 1,506,274 9.7% 799 -2.9% 1,885 13.0% 

2013 1,446,566 -4.0% 7 45 -6.8% -------------------~ 1,942 3.0% 

2014 1,410,162 -2.5% 762 2.3% 1,851 -4.7% 

2015 1,438,233 2.0% 746 -2.1% 1,928 4.2% ______:____ -- -----·-·---

2016 1,554,780 8.1% 714 -4.3% 2,178 13.0% 

Five-year average hours: 1,957 

Ten-year average hours: 1,866 - ----- --------------- ·-------- ---

1 The total hours of contributions are based on total contributions divided by the average contribution rate for the year, which may differ from the hours reported to the Fund 

Office. · 

Section 3: Supplementary Information as of September 1, 2016 for the Local 807 Labor-Management 

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EXHIBIT D - SUMMARY STATEMENT OF INCOME AND EXPENSES ON AN ACTUARIAL BASIS 

' I 

Year Ended August 31, 2015 ' Year Ended August 31, 2016 

Contribution income: 

• Employer contributions $7,787,889 $8,399,235 

• Withdrawal liability payments 3,234,823 4,743,832 

-1 204 147 • Less administrative expenses -1,252,407 

Net $11,938,920 contribution income $9,770,305 

Investment income: 

• Expected investment income $11,167,659 $11,122,870 

• Adjustment toward market value 5,718,291 1,649,824 

Net 12,772,694 investment income 16,885,950 

$24,711,614 T.otal in_com·e a:v~ilab_le for IJenefits $26,656,255 

-$28, 153,461 Less benefit payments -$28,358,414 

~ . • :: • - - - -: - -·-- . - ·-· - ~ ~ .- :;.i.l -,. : ,:;;, 

Section 3: Supplementary Information as of September 1, 2016 for the Local 807 Labor-Management 

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- -

EXHIBIT E - FINANCIAL INFORMATION TABLE 

Year Ended August 31, 2015 I Year Ended August 31, 2016 

Cash equivalents $3,862,387 $3,402,912 

Accounts receivable: 

• Employer contributions $748,600 $779,000 

• Accrued interest and dividends 136,414 177,996 

• Net trades pending settlement Q 44.938 

Total accounts receivable 885.014 1.001.934 

Total investments at market value 153,276,518 147,846,702 

Total assets $158,023,919 $152,251,548 ---·----------- ---- --- ------·· ---- --------

Less accounts payable: 

• Accounts payable -$181,960 -$107,278 

• Due to related organizations -162,194 -168,367 

• Net trades pending settlement -235.044 Q 

_T_otal accounts payable -$579, 198 -$275,645 ---- - - -- ·--- -- - - -- ~------

Net a_ssets sit marke_t value 1 $157,444,721 $151,975,903 

·:~.:~~-2 ~ :. -=----~-·:=J -~ J...:. ~-:2-1 .:.-~2.7~_--:_ 01~._Af©_~ 

1 Excludes withdrawal liability payments receivable. 

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EXHIBIT F - INVESTMENT RETURN -ACTUARIAL VALUE VS. MARKET VALUE 

I I Actuarial Value Market Value Actuarial Value Market Value 

Investment Return ; Investment Return . Investment Return Investment Return 

Year Ended ' 1 ' Year Ended I : •1 I 

August 31 Amount : Percent' , Amount , Percent ; August 31 Amount , Percent' Amount I Percent 

1997 $21,344,134 8.43% $54,002,571 19.78% 2007 $22,473,083 8.12% $26,072,256 9.44% 

1998 22,473,670 8.71% 26,488,651 8.53% 2008 14,984,096 5.39% -16,025,521 -5.71% 

1999 32,593,357 12.42% 47,058,801 14.76% 2009 -34,867,728 -12.73% -45,016,697 -18.32% 

2000 81,834,042 29.71% 59,512,080 17.18% 2010 8,037,106 3.69% 10,326,551 5.76% 

2001 29,277,005 8.67% -62,881,065 -16.28% 2011 13,604,781 6.71% 24,761,516 14.84% 

2002 1,199,191 0.35% -11,203,792 -3,71% 2012 -4,948,828 -2.56% 16,223,983 9.65% 

2003 15,178,041 4.65% 22,386,314 8.28% 2013 3,153,095 1.91% 18,022,130 11.16% 

2004 2,946,148 0.92% 23,032,687 8.45% 2014 18,835,084 12.72% 27,727,402 17.41% 

2005 -2,324,160 -0.76% 26,801,814 9.73% 2015 16,885,950 11.34% -3,820,930 -2.26%

2006 15,090,705 5.36% 13,791,691 4.89% 2016 12,772,694 8.61% 10,745,723 7.28% ------- ~·-·· ------------- -- -

Total $290,541,466 $268,006,165 

Most rece_nt five-year avera~e_rl!_tlJr~: _ 5.81% 8.55%

Most recent ten-year average return: 3.46% 3.53% 

20-year average return: 5.79% 5.37% 

Note: Each year's yield is weighted by the average asset value in that year. 

-· "' ' 

1 The investnient return for 2000 includes the effect of a change in the method for determining the actuarial value of assets . 

• .. 

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EXHIBIT G - ANNUAL FUNDING NOTICE FOR PLAN YEAR BEGINNING 

SEPTEMBER 1, 2016 AND ENDING AUGUST 31, 2017 

2016 2015 2014 

Plan Year Plan Year Plan Year 

Actuarial valuation dale September 1, 2016 September 1, 2015 September 1, 2014 

Funded percentage 46.7% 50.7% 50.5% 

Value $154,640,867 $158,082,714 $159,784,873 of assets -------------·- - -

Value of liabilities 331,036,014 312,026,509 316,106,071 ----------------------------'--------'------

Fair market value of assets as of plan year end Not available 151,975,903 157,444,721 

Critical or Endangered Status 

The Plan was in critical status in the plan year because a funding deficiency was projected at the end ofthe plan year. 

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EXHIBIT H - FUNDING STANDARD ACCOUNT 

 ERISA imposes a minimum funding standard that requires the Plan to maintain an FSA. The accumulation of contributions in excess 

ofthe minimum required contributions is called the FSA credit balance. If actual contributions fall short on a cumulative basis, a 

funding deficiency has occurred. For a plan that is in critical status under PPA'06, employers will generally not be penalized if a 

funding deficiency develops, provided the parties fulfill their obligations in accordance with the Rehabilitation Plan developed by the 

Trustees and the negotiated bargaining agreements reflect that Rehabilitation Plan. 

 The FSA is charged with the nom1al cost and the amortization of increases or decreases in the unfunded actuarial accrued liability due 

to plan amendments, experience gains or losses and changes in actuarial assumptions and funding methods. The FSA is credited with 

employer contributions and withdrawal liability payments. All items, including the prior credit balance or deficiency, are adjusted with 

interest at the actuarially assumed rate. 

 Increases or decreases in the unfunded actuarial accrued liability are amortized over 15 years except that short-term benefits, such as 

13th checks, are am01iized over the scheduled payout period. 

FSA FOR THE YEAR ENDED AUGUST 31, 2016 

Charges I Credits 

1 __Prior ye_ar fu_nding deficie_n_c,_y_______________ ... ___ $0 6 _Prior year credit balance ____ $9,578,700 

-'2=----'-N:_oc..rm=a'-Ic:..co:...:s-'"t,--'in:.cc:..:.lu"-d'-i--'ng"--'-a'-dm___in_is_tr_a_ti_ve'----ex__,p~e_n_s_e_s____,2=,,:ec35ec7c,,9:ec8"'3'----_7_E_m-'-pl_o,_ye_r_c_o_n_tr_ib_u_tio_n_s________~13=· 1<\3, 0§!_ 

3 Total amortization_charges 36,582,638 __ 8 Total amortization credits __ ___ 3,657,194 

4 Interest to end of the year ___________,._2,"'9""-2~0."'5~47~__9__In_te_r_es_t_to_e_nd_o_ft_h_e-"y_e_a_r------~1,444,485 

5 Total charges __ $41,861, 168 10 Full:funding limitation credit__ ____________Q_ 

11 Total credits $27,823,446 

©?3fft\ "':<tf©-;-0 .-.-_ .rn(t'.r1[ l@f(B~•,?.t "'1§ ;11~'\.J~-:.,f~ 

-,-1 ~ =? 

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EXHIBIT I - MAXIMUM DEDUCTIBLE CONTRIBUTION 

 Employers that contribute to defined benefit pension plans are allowed a current deduction for payments to such plans. There are 

various measures of a plan's funded level that are considered in the development ofthe maximum deductible contribution amount. 

 One ofthe limits is the excess of 140% of "current liability" over assets. "Current liability" is one measure ofthe actuarial present 

value of all benefits earned by the participants as ofthe valuation date. This limit is significantly higher than the current contribution 

level. 

 Contributions in excess ofthe maximum deductible apiount are not prohibited; only the deductibility ofthese contributions is subject 

to chaUenge and may have to be deferred to a later year. In addition, if contributions are not fully deductible, an excise tax in an 

amount equal to I 0% ofthe non-deductible contributions may be imposed. However, the plan sponsor may elect to exempt the nondeductible amount up to the ERISA full-funding limitation from the excise tax. 

 The Trustees should review the interpretation and applicability of all laws and regulations concerning any issues as to the deductibility 

of contribution amounts with Fund Counsel. 

1 Normal cost, including administrative expenses $2,413,752 

2 Amortization of unfunded actuarial accrued liability 24,893,605 

3 Preliminary maximum deductible contribution: 1 +, 2, with interest to the end of the plan year $29,355,409 

4 Full-funding limitation (FFL) 335,429,005 -----

5 Preliminary maximum deductible contribution, adjusted for FFL: lesser of 3 and 4 --- - ----- ----~-·---------- 29,355,409 

6 Current liability for maximum deductible contribution, projected to the end of the plan year 522,389,840 

7 Actuarial value of assets, projected to the end of the plan year 134,721,851 --------------~- - --- - -

8 Excess of 140% of current liability over projected assets at end of plan year: [140% of (6)] - (7), not less than zero 596,623,925 

9 End of year minimum required contribution 55,589,815 

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EXHIBIT J - PENSION PROTECTION ACT OF 2006 

PPA'06 Zone Status 

 Based on projections ofthe credit balance in the FSA, the funded percentage, and cash flow sufficiency tests, plans are categorized in 

one ofthree "zones": critical status, endangered status, or neither. 

 The funded percentage is determined using the actuarial value of assets and the present value ofbenefits earned to date, based on the 

actuary's best estimate assumptions. 

A plan is classified as being in critical status (the Red Zone) if: 

• The funded percentage is less than 65%, and either there is a projected FSA deficiency within five years or the plan is projected to 

be unable to pay benefits within seven years, or 

• There is a projected FSA deficiency within four years, or 

• There is a projected inability to pay benefits within five years, or 

• The present value of vested benefits for inactive participants exceeds that for actives, contributions are less than the value of the 

current year's benefit accruals plus interest on existing unfunded accrued benefit liabilities, and there is a projected FSA deficiency 

within five years, or 

• As permitted by the Multiemployer Pension Reform Act of 2014, the plan is projected to be in the Red Zone within five years and 

the plan sponsor elects to be in critical status. 

A critical status plan is further classified as being in critical and declining status if: 

• The ratio of inactives to actives is at least 2 to 1, and there is an inability to pay benefits projected within 20 years, or 

• The funded percentage is less than 80%, and there is an inability to pay benefits projected within 20 years, or 

• There is an inability to pay benefits projected within 15 years. 

Any amortization extensions are ignored for testing initial entry into the Red Zone. 

The Trustees are required to adopt a formal Rehabilitation Plan, designed to allow the plan to emerge from critical status by the end 

of the rehabilitation period. If they determine that such emergence is not reasonable, the Rehabilitation Plan must be designed to 

emerge as of a later time or to forestall possible insolvency. 

Trustees of Red Zone plans have tools, such as the ability to reduce or eliminate early retirement subsidies, to remedy the situation. 

Accelerated forms of benefit payment (such as lump sums) are prohibited. However, unless the plan is critical and declining, 

Trustees may not reduce benefits of participants who retired before being notified of the plan's critical status (other than rolling back 

recent benefit increases) or alter core retirement benefits payable at normal retirement age. 

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A plan not in critical status (Red Zone) is classified as being in endangered status (the Yellow Zone) if: 

• The funded percentage is less than 80%, or 

• There is a projected FSA deficiency within seven years. 

A plan that has both of the endangered conditions present is classified as seriously endangered. 

Trustees of a plan that was in the Green Zane in the prior year can elect not to enter the Yellow Zane in the current year (although 

otherwise required to do so) if the plan's current provisions would be sufficient (with no further action) to allow the plan to emerge 

from the Yellow Zane within 10 years. 

The Trustees are required to adopt a formal Funding Improvement Plan, designed to improve the current funded percentage, and 

avoid a funding deficiency as of the emergence date. 

Green Zone A plan not in critical status (the Red Zone) nor in endangered status (the Yellow Zone) is classified as being in the Green Zone. 

Trustees of a Green or Yellow Zone plan that is projected to enter the Red Zone within five years must elect whether or not to enter 

the Red Zone for the current year. 

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Section 4: Certificate of Actuarial Valuation 

AUGUST 17, 2017 

CERTIFICATE OF ACTUARIAL VALUATION 

This is to certify that Segal Consulting, a Member ofThe Segal Group, Inc. ("Segal") has prepared an actuarial valuation ofthe Local 807 LaborManagement Pension Fund as of September I, 2016 in accordance with generally accepted actuarial principles and practices. It has been prepared 

at the request ofthe Board ofTrustees to assist in administering the Fund and meeting filing requirements offederal government agencies. This 

valuation report may not otherwise be copied or reproduced in any form without the consent ofthe Board ofTrustees and may only be provided 

to other parties in its entirety. 

The measurements shown in this actuarial valuation may not be applicable for other purposes. Future actuarial measurements may differ 

significantly from the current measurements presented in this report due to such factors as the following: plan experience differing from that 

anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions; increases or decreases expected as 

part ofthe natural operation ofthe methodology used for these measurements ( such as the end of an amortization period or additional cost or 

contribution requirements based on the plan's funded status); and changes in plan provisions or applicable law. 

The valuation is based on the assumption that the Plan is qualified as a multiemployer plan for the year and on information supplied by the 

auditor with respect to contributions and assets and reliance on the Plan Administrator with respect to the participant data. Segal Consulting does 

not audit the data provided. The accuracy and comprehensiveness ofthe data is the responsibility ofthose supplying the data. To the extent we 

can, however, Segal does review the data for reasonableness and consistency. Based on our review ofthe data, we have no reason to doubt the 

substantial accuracy ofthe information on which we have based this report and we have no reason to believe there are facts or circumstances that 

would affect the validity ofthese results. Adjustments for incomplete or apparently inconsistent data were made as described in the attached 

Exhibit 8. 

I am a member ofthe American Academy of Actuaries and I meet the Qualification Standards ofthe American Academy ofActuaries to render 

the actuarial opinion herein. To the best ofmy knowledge, the information supplied in this actuarial valuation is complete and accurate, except as 

noted in Exhibit 1. Each prescribed assumption for the determination ofCurrent Liability was applied in accordance with applicable law and 

regulations. In my opinion, each o assumption is reasonable (taking into account the experience ofthe plan and reasonable expectations) and 

suc/4· s pti , · ~ inatio:1, o~stimate of anticipated experience under the plan. 

- 1/-:?, L,,~« Nie as J. Laccett1, AAA, FCA 

Senior Vice President and Actuary 

Enrolled Actuary No. 17-02263 

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EXHIBIT 1 -SUMMARY OF ACTUARIAL VALUATION RESULTS 

) 

The valuation was made with respect to the following data supplied to us by the Plan Administrator: 

-----·---- -----------

Pensioners as of the valuation date (including 646 beneficiaries in pay status and six pensioners in 2,866 

_suspendedstatus) ····----··--- ___ ·-··· ______________ -------------·-·-··--

Participants inactive during year ended August 31, 2016 with vested rights (including 86 participants 954 

with unknown age) 

Participants active during the year ended August 31, 2016 (including 68 participants with unknown age} 714 

566 • Fully vested 

148 • Not vested 

The actuarial factors as ofthe valuation date are as follows: 

Normal cost, including <1_d_rninistrative expenses $2.,_413,!_52

345,646,035 Actuarial present value of projected benefits 

Present value of future normal costs _ -· 7,318,069

338,327,966 Actuarial accrued liability 

• Pensioners and beneficiaries' $213,992,714 

• Inactive participants with vested rights 60,439,228 

• Active participants 63,896,024 

$154,640,867 __Actu_af:i§!J_v_alue<Jf as~El!~_.($151,975,903 at market value as reported by Schultheis & Panettieri LLP) _ _______ __ _. _____ .. 

____________ 183,687,099_ Unfunded actuarial accrued liability 

1 Includes liabilities for 23 former spouses in pay status. 

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EXHIBIT 2 -ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS 

The actuarial present value of accumulated plan benefits calculated in accordance with FASB ASC 960 is shown below as of September 1, 

2015 and as of September I, 2016. In addition, the factors that affected the change between the two dates follow. 

_____ Benefit Information Date 

Se !ember 1, 2015 September 1, 2016 

Actuarial present value of vested accumulated plan benefits: 

• Participants currently receiving payments $205,767,807 $213,992,714 

• Other vested benefits 105,768.268 116.768.019 

• Total vested benefits $311,536,075 _$330.760,733 ------~--- ---------------- --------- ----· - --

Actuarial present value of non-vested accumulated plan benefits 490.434 275.281 - - - , -

- - : : ; - :: :- . - -;°1 ; ,- -1->··- - =- ~ ;; - -- =--1:: - ': . ~ ~ --=·r•.:f-;-c1 r~r:1-.t.m1Bi©DcB 

Change in Actuarial 

Present Value of 

Factors Accumulated Plan Benefits 

Benefits accumulated, net experience gain or loss, changes in data $3,875,849 

Benefits -28, 153,461 paid -----~~--~- -·----· -· ---------------- -----

• Changes in actuarial assumptions 21,028,863 

22,258,254 Interest 

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EXHIBIT 3 - CURRENT LIABILITY 

The table below presents the current liability for the Plan Year beginning September 1, 2016. 

ltem1 I Amount 

Retired participants and beneficiaries receiving payments $289,720,764 -----------· ·--------- - -- ------------ ---· . --

120,024,868 Inactive vested participants 

Active participants 

$909,624 • Non-vested benefits 

120,162.708 • Vested benefits 

$121,072,332 • . T9tatfjcti11e 

$4,434,287 Expected increase in current liability due to benefits accruing during the plan year ----·-- -·-········-··-· ......~ 

29,019,892 Expected release from current liability for the plan year 

30,294,892 Expected plan disbursements for the plan year, including administrative expenses of $1,275,000 

-------------------------·-------·-·······--

$151,975,903 Current value of assets 

--·--------- - ---------------·--- 28.6% Percentage funded for Schedule MB ------- --- --- ------ ----------~·--------- ------

1The actuarial assumptions used to calculate these values are shown in Exhibit 8. 

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EXHIBIT 4- INFORMATION ON PLAN STATUS AS OF SEPTEMBER 1, 2016 

Plan status (as certified on November 29, 2016, for the 2016 zone certification) Critical 

Scheduled progress (as certified on November 29, 2016, for the 2016 zone certification) Yes 

Actuarial value of assets for FSA $154,640,867 . ·---------- ---· -------- ---------

Accrued liability under unit credit cost method 331,036,014 

Funded percentage for monitoring plan's status 46.7% 

=--'------------------

Year in which insolvency is expected 2032 --------- ---------------------~ -----··---- ---------------

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EXHIBIT 5 - SCHEDULE OF PROJECTION OF EXPECTED BENEFIT PAYMENTS 

(SCHEDULE MB, LINE 8b(1 )) 

Plan Expected Annual 

Year Benefit Pa ments1 

2016 $28,988,922 

2017 28,659,029 

2018 28,163,180 

2019 27,835,721 ------ - -·- --

2020 27,502,871 

2021 27,347,531 

2022 27,154,764 

2023 26,856,066 -----·-- ----------- -------- -·-

2024 26,587,039 

2025 26,370,653 

1 Assuming as of the valuation date: 

• no additional accruals, 

• experience is in line with valuation assumptions, and 

• no new entrants are covered by the plan. 

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EXHIBIT 6 - SCHEDULE OF ACTIVE PARTICIPANT DATA 

(SCHEDULE MB, LINE 8b(2)) 

The participant data is for the year ended January 31, 2016. 

Pension Credits I ----- ------- ·- .. --- --- -, ' ' ' ' ' I : I I 40 & 

Age 1 I Total , 1-4 , 5-9 , 10-14 '15-19; 20-24; 25-29 30-34 I 35-39 over 

Under 25 1 1 . ·- -- - - ------·--· 

25-29 10 8 2 

30-34 33 15 7 11 - - - -- -- - - ·-----------

35-39 40 11 12 10 7 

40-44 77 -· - ---------- -----------. 

45 -49 100 

.. 

16 - -- -----··---

13 

11 21 ---------------

13 24 

23 

32 

6 

9 

--- -----

8 

- -- -------------

1 ----- -- -

50-54 135 --- ----- ---------------- -----

55 - 59 111 

14 

4 

19 

10 

26 

24 

33 

19 

25 -·------ -

22 

15 3 ----- ----· 

18 11 3 

--

60-64 

65- 69 

83 ---------

34 2 

12 

1 

18 

3 

17 

15 

11 

---------·-

2 

9 

7 

10 ----·--- 5 

3 

1 

1 

70 & over --- ---- - --- -- . ·-

Unknown 

~-'l:=) 

22 

68 

. 

1 

63 

.;_~ 

1 

--~----

5 

- -

~~; 

3 

"<.;_12 

2 

~.:i -

4 

itf 

2 

~ 

5 ---·--- -- -----

[{! 

3 

------- -

-

~-..;~ 

---·. -

1 

§ 

Note: Excludes 77 participants with less than one pension credit. 

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EXHIBIT 7 - FUNDING STAN DARO ACCOUNT 

EIN 51-6099111/PN 002 

The table below presents the FSA for the Plan Year ending August 31, 2017. 

1 

2 

Char es 

Prior year funding deficiency 

Normal cost, including administrative expenses 

, 

' $14,037,722 : 6 

2,413,752 i 7 

Prior year credit balance 

Amortizationcredits 

Credits 

$0 

3,657,194 

3 Amortization charges 38,917,176: 8 Interest on 6 and 7 274,290

' 

4 Interest on 1, 2 and 3 4,152,649 : 9 Full-funding limitation credit 

r~ :_">";• ~,-:-:-- Q.-!;;.~.J: :\;~ 1 1•'-,:{;:;l,f~";.•~1(:E -~ '- -- .• - ~-',,; "'""<:!' -- .___ -'-..:'.. - \."!. ..., \,:'!;..:. ·-

Minimum contribution with interest required to avoid a funding deficiency: 5 - 10, not less than zero ---·------ ------ ----------------------- ---

-

O 

~~•(e!i'-l\ill!'./.: ---==·'Ca ~-

$55,589,815 

ERISA FFL (accrued liability FFL) 

RPA'94 override (90% current liability FFL) 

Full Funding Limitation FFL and Credits 

------------··-------------· ----·-------------- $202,923,251 

335,429,005 

FFL credit ---·. ··- ·-· 

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EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases {Charges) {Schedule MB, Line 9c) 

-------··-- ---------------- -- ---- -------

1 Date ! Amortization Years Outstanding 

Type of Base I Established ! Amount ' Remaining Balance 

Plan amendment 09/01/2009 $536,226 8 $3,376,404 

Actuarial loss 09/01/2009 5,896,683 8 37,129,060 

Combined and offset base 09/01/2009 24,863,907 4.22 93,826,092 - -

Plan amendment 09/01/2010 41,992 9 287,955 

795,557 9 5,455,379 Actuarial loss 09/01/2010 --------------· --------- ---~------------- - ---- -----~-- ----

10 1,352,583 Actuarial loss 09/01/2011 183,304 

Actuarial loss 09/01/2012 2,436,343 11 19,159,600 -------- -·----------- - - -·- - --

1,094,535 12 9,101,523 Actuarial loss 09/01/2013 

6,412,464 Assumption changes 09/01/2014 734,088 13 ·------------- - ---- -- -- ·-·-------- - -------- ----- --- 80,690 Actuarial loss 09/01/2016 8,503 15 

Assumption changes 09/01/2016 2,326,038 15 22,072,135 

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EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases (Credits) (Schedule MB, Line 9h) 

: Date I Amortization Years 

T pe of Base , Established I Amount Remaining 

Assumption changes ---·-- --·-- ·-- - -·--- 09/01/2010 - -·-------- -- $52,513 9 

Plan amendment 09/01/2011 2,564,596 10 

j Outstanding 

Balance 

$360,100 

18,923,866 -

Actuarial gain 09/01/2014 438,111 13 3,827,020 ---- ---~------

Actuarial gain 09/01/2015 601,974 14 5,493,522 

~ ·.:1 ~ ~:i.4-!"'-<:t'f ..~c•~-.2 ~:l~W,r:-~@)Il 

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EXHIBIT 8 -STATEMENT OF ACTUARIAL ASSUMPTIONS/METHODS 

(SCHEDULE MB, LINE 6) 

Healthy: RP-2014 Blue Collar Employee and Annuitant Mortality Tables (adjusted back to 2006) with Mortality Rates 

generational Scale MP-2016 from 2006 

Disabled: RP-2014 Disabled Annuitant Mortality Table (adjusted back to 2006) with generational Scale MP-2016 

from 2006 

The above mortality tables reasonably reflects the mortality experience of the Plan as of the measurement date. These 

mortality tables were then adjusted to future years using generational projection under Scale MP-2016 to anticipate 

future mortality improvement. 

The mortality rates were based on historical and current demographic data, adjusted to reflect estimated future 

experience and professional judgment. As part of the analysis, a comparison was made between the actual number of 

and the projected number based on the prior year's assumption over the most recent years. 

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Termination Rates 

Rate(%) 

Withdrawal 2 

,-·--·---- - -- ---

1 Mortality' Years of Service 

----;- . -----·-+-----------~---- Age Female Less than 2-4 5-9 ' 10 Years 

2 years Years Years or More 

20 0.07 0.02 17.99 14.19 0.00 0.00 

25 0.07 0.02 21.74 17.14 12.96 0.00 

30 0.06 0.02 18.61 13.58 8.39 4.84 ·----- ---~- --------

35 0.07 0.03 16.78 ' 11.02 7.15 5.02 ---------~ 

40 -- ···---------

0.10 0.05 -------- ----- -

15.91 --- ---- -- - -

10.35 --------· 6.01 4.15 

45 0.16 0.09 15.48 9.47 5.82 3.73 --·- .. 

50 0.26 0.13 15.60 8.90 ----------------- - __ 5.32 ., _________ --- 3.49 

55 0.38 0.19 13.52 7.82 2.59 0.88 

60 0.64 0.31 13.63 7.84 2.12 0.20 

1 Mortality rates are shown from the base table and do not reflect any mortality projection. 

2 Withdrawal rates cut out at early retirement age. 

The termination rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior year's assumption over the most recent years. 

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Retirement Rates 

I

• Annual 

Retirement 

Age• 1 Rates 

55-61 2% ·--------

62-63 6 

64 12 -·----.·-------

65 15 

66 16 

67 7 

68 16 

69 19 

70 100 

* if eligible -------·------- ---------

The retirement rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior years' assumption over the most recent years. ----------"--------'---'-----------------=-----------------_:__----··----------

Description of Age 67, determined as follows: The weighted average retirement age for each participant is calculated as the sum of 

Weighted Average the product of each potential past or future retirement age times the probability of surviving from entry age to that age 

Retirement Age and then retiring at that age, assuming no other decrements. The overall weighted retirement age is the average of the 

individual retirement ages based on all the active participants included in the September 1, 2016 actuarial valuation. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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Retirement Rates for · Annual : Annual 

Inactive Vested ; Retirement : 1 Retirement 

Participants Age• ; Rates : Age• I Rates 

55 28% 63 12% 

56-57 4 64 3 ---------~---- 58 2 65 52 

59 10 66 29 

60 9 67 12 

61 2 68 6 -------~---····-··--------------------. 

62 20 69 13 

70 100 

__* if eligible ___::_________________ --------·--· ----~ 

The retirement rates for inactive vested participants were based on historical and current demographic data, adjusted to 

reflect estimated future experience and professional judgment. As part of the analysis, a comparison was made 

between the actual number of retirements by age and the projected number based on the prior years' assumption over 

the most recent years. -----·------------ -- - ---

Future Benefit 

Accruals 

Employees are assumed to work 1,850 hours per year. 

The future benefit accruals were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the assumed and the actual benefit 

accruals over the most recent years. 

Unknown Data for 

Participants 

Same as those exhibited by participants with similar known characteristics. If not specified, participants are assumed to 

be male. -- -- ------ - ---

Definition of Active Active participants are defined as those with at least 250 hours in the most recent credit year and who have 

Participants accumulated at least one pension credit, excluding those who have retired as of the valuation date. ------------ ---- -- - - -----·-· ---· ---------- - -· ------- -- -·- -·· -·-- ---- -- --

Exclusion of Inactive None 

Vested Participants 

Percent Married 50% -~-------- ----- --------------------·---------------------------------

Age of Spouse Females three years younger than males. - -·---·- ------------- ---·- -------

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-------------------------------------------------

Benefit Election 60% of participants assumed to elect the Single Life Annuity 40% assumed to elect 50% Joint and Survivor Ann.uity. 

The benefit elections were based on historical and current demographic data, adjusted to reflect the plan design, 

estimated future experience and professional judgment. As part of the analysis, a comparison was made between the 

assumed and the actual option election patterns over the past several years. -------·------·-- -----

Delayed Retirement Inactive vested participants who are assumed to commence receipt of benefits after attaining normal retirement age 

qualify for delayed retirement increases. 

Net Investment Return 7.50% 

The net investment return assumption is a long-term estimate derived from historical data, current and recent market 

expectations, and professional judgment. As part of the analysis, a building block approach was used that reflects 

inflation expectations and anticipated risk premiums for each of the portfolio's asset classes as provided by Segal 

Marco Consulting, as well as the Plan's target asset allocation . .. ---------- ·- -- - -· - ----·--·- - - --· -·- ----

Annual Administrative $1,275,000, payable monthly, for the year beginning September 1, 2016 (equivalent to $1,226,285 payable at the 

Expenses beginning of the year) 

The annual administrative expenses were based on historical and current data, adjusted to reflect estimated future 

experience and professional judgment. 

Actuarial Value of 

Assets 

Actuarial Cost Method 

Benefits Valued 

Current Liability 

Assumptions 

The market value of assets less unrecognized returns in each of the last five years. Unrecognized return is equal to the 

difference between the actual market return and the projected market return, and is recognized over a five-year period. 

The actuarial value is further adjusted, if necessary, to be within 20% of the market value. 

Entry Age Normal Actuarial Cost Method. Entry Age is the age at date of employment or, if date is unknown, current 

age minus pension credits. Normal Cost and Actuarial Accrued Liability are calculated on an individual basis and are 

allocated by service, with Normal Cost determined as if the current benefit accrual rate had always been in effect. 

Unless otherwise indicated, includes all benefits summarized in Exhibit 9. -------------------------··- ---

Interest: 3.11%, within the permissible range prescribed under IRC Section 431(c)(6)(E) 

Mortality: Mortality prescribed under IRS Regulations 1.431 (c)(6)-1 and 1.430(h)(3)-1: RP-2000 tables projected forward 

to the valuation year plus seven years for annuitants and 15 years for nonannuitants 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement 

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Justification for For purposes of determining current liability, the current liability interest rate was changed from 3.57% to 3.31 % due to 

Change in Actuarial a change in the permissible range and recognizing that any rate within the permissible range satisfies the requirements 

Assumptions of IRC Section 413(c)(6)(E) and the mortality tables were changed in accordance with IRS Regulations 1.431 (c)(6)-1 

(Schedule MB, line 11) and 1.430{h)(3}-1. 

Based on past experience and future expectations, the following actuarial assumptions were changed: 

 Mortality rates for healthy participants, previously 1.35 times the RP-2014 Blue Collar Mortality Tables with 

generational projection using Scale MP 2014 from 2014 

 Mortality rates for disabled participants previously RP-2014 Disabled Retiree Mortality Table with generational 

projection using Scale MP 2014 from 2014 

 Retirement rates for active participants previously: 

' Annual 

Retirement 

Age* ! Rates 

55-61 3% 

62 15 

63-64 10 --- -------· ----------

65-66 20 

67-68 10 

69 25 

70 100 

* if eligible ~-·----

 Retirement rates for inactive vested participants previously: 

' I Annual 

Retirement 

Age* Rates 

1 

55 25% 

55-61 5 

62 25 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 Labor­

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EIN 51-6099111/PN 002 

EXHIBIT 9 - SUMMARY OF PLAN PROVISIONS 

(SCHEDULE MB, LINE 6) 

This exhibit summarizes the major provisions ofthe Plan included in the valuation. It is not intended to be, nor should it be interpreted as, a 

complete statement of all plan provisions. ----~----------------------~---------~--~---------·-· --

Plan Year September 1 through August 31 ------------ - --·---------------------·- --·-- -·---------- ------------------- --- --- -

Pension Credit Year February 1 through January 31 ---------'---------'----------'-------------------------· --·- ·-----·-- --------~ 

Plan Status 

Regular Pension 

Early Retirement 

Vesting 

Ongoing plan 

• Age Requirement: 65 

• Service Requirement: 15 pension credits 

Amount: The total accrued benefit is the sum of each year's accrual based on 

1. The highest contribution rate prior to February 1, 2010 for service earned prior to February 1, 2010. 

2. The highest contribution rate that was made for at least 250 hours during the pension credit year for service on or 

after February 1 , 2010 

3. For service after February 1, 2012, the accrual rate is lesser of: 

(a) 1% of product of number of hours for which contributions are due on behalf of the participant in credit year and 

the contribution rate in effect on September 1, 2011, or 

{b} Accrual rate under the Plan as of September 1, 2011. 

The accrual rate effective May 1, 2001 for contribution rates $4.315 or more per hour, $165 for each pension credit less 

than 25 plus $20.49 for each pension credit greater than 25. Lower benefit levels have been established for employees 

at lower contribution levels. 

Delayed Retirement Amount: Regular pension accrued at Normal Retirement Age (NRA), increased by 1.0% for each 

month greater than NRA, and 1.5% for each month greater than age 70. 

• Age Requirement: 55 

• Service Requirement: 15 pension credits 

• Amount: Regular pension accrued, actuarially, reduced from age 65 

• Age Requirement: None 

• Service Requirement: Five pension credits or 5 years of vesting service 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund -X-- Segal Consulting 

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Spouse's PreRetirement Death 

Benefit 

• Amount: Regular or early pension accrued based on plan in effect and contribution rate when last active 

• Normal Retirement Age: Later of age 65 or the participant's 5th anniversary of participation. 

• Age Requirement: None 

• Service Requirement: 5 pension credits or 5 years of vesting service 

• Amount: 50% of the benefit employee would have received had he or she retired the day before he or she died and 

elected the joint and survivor option. If the employee died prior to eligibility for an early retirement pension, the 

spouse's benefit is deferred to the date employee would have first been eligible to retire. 

• Charge for Coverage: None 

Optional Forms of 50% Joint-and-Survivor 

Benefits 75% Joint-and-Survivor 

Single Life Annuity ---------------==--------'=------------------------------------------- - -- ---------

Participation Earliest of February ,___

1 or August 1 after completion of 1,000 hours during a 12 consecutive month period: 

Pension Credit 

Under 250 0 

250-499 114 

500 - 749 1/2 

750 - 999 3/4 

1,000 and over 1 

Vesting Credit One year of vesting service for at least 1,000 hours. ---------~ ----------------

Contribution Rate Rates as of September 1, 2016 vary from $3.1500 to $10.0150, with an average rate of $6.3560. -----·-----···-·· 

Changes in Plan None 

Provisions --------·- --------- -----·------- -~-----·---· 

8587708v1/01544.001 

Section 4: Certificate of Actuarial Valuation as of September 1, 2016 for the Local 807 LaborManagement Pension Fund 

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,....,- .''

This report has been prepared at the request of the Board of Trustees to assist in administering the Fund and meeting filing requirements of federal government agencies. This 

valuation report may not otherwise be copied or reproduced in any form without the consent of the Board of Trustees and may only be provided to other parties in its entirety. 

The measurements shown in this actuarial valuation may not be applicable for other purposes. 

Copyright© 2018 by The Segal Group, Inc. All rights reserved. 
*

Segal Consulting 

333 West 34th Street New York, NY 10001-2402 

T 212.251.5000 www.segalco.com 

April 25, 2018 

Board ofTrustees 

Local 807 Labor-Management Pension Fund 

32-43 49th Street 

Long Island City, New York 11103 

Dear Trustees: 

We are pleased to submit the Actuarial Valuation and Review as of September 1, 2017. It establishes the funding requirements for the current 

year and analyzes the preceding year's experience. It also summarizes the actuarial data and includes the actuarial information that is required 

to be filed with Form 5500 to federal government agencies. 

The census information upon which our calculations were based was prepared by the Fund Office, under the direction ofAl Fernandez. That 

assistance is gratefully acknowledged. The actuarial calculations were completed under the supervision ofJoel R. Leary, ASA, FCA, MAAA, 

Enrolled Actuary. 

We look forward to reviewing this report with you at your next meeting and to answering any questions you may have. 

Sincerely, 

Segal Consulting, a Member ofThe Segal Group 

• 

By: 

Nicholas 

l~d J. Laccetti, MAAA, FCA, EA 

Senior Vice President and Actuary , • • .o' 

cc: Fund Administrator 

Fund Counsel 

Fund Auditor 

Benefits, Compensation and HR Consulting. Member of The Segal Group. Offices throughout the United States and Canada 0 

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Table of Contents 

Local 807 Labor-Management Pension Fund Actuarial Valuation and Review as of September 1, 2017 

Section 1: Actuarial Valuation Summary 

Summary of Key Valuation Results ....................................................... 7 

Comparison of Funded Percentages-., ................................................... 8 

A. Developments. Since Last Valuation ................................................ 9 

B. Funded Percentage and Funding Standard Account.. .................... 9 

C. Solvency Projections .............. : ...................................................... 10 

D. Funding Concerns and Risks .... , ................................................... 10 

E. Withdrawal Liability ........................................................................ 1 O 

Section 2: Actuarial Valuation Results 

Participant Information ......................................................................... 11 

Financial Information ............................................................................ 17 

Actuarial Experience ............................................................................ 20 

Actuarial Assumptions ......................................................................... 24 

Plan Provisions .................................................................................... 24 

Contribution Rate Changes .................................................................. 24 

Pension Protection Act of 2006 ............................................................ 25 

Funding Standard Account (FSA) ........................................................ 26 

Solvency Projection .............................................................................. 29 

Funding Concerns ................................................................................ 30 

Risk .................................................... :·................................................. 30 

Withdrawal Liability .............................................................................. 31 

Disclosure Requirements ..................................................................... 33 

Section 3: Supplementary Information 

Exhibit A- Table of Plan Coverage ...................................................... 34 

Exhibit B - Participant Population ........................................................ 35 

Exhibit C - Employment History ........................................................... 36 

Exhibit D - Progress of Pension Rolls Over the Past ten Years ......... 37 

Exhibit E - Summary Statement of Income and Expenses on an 

Actuarial Basis ................................................................................... 38 

Exhibit F - Investment Return -Actuarial Value vs. Market Value ...... 39 

Exhibit G -Annual Funding Notice for Plan Year Beginning 

September 1, 2017 and Ending August 31, 2018 ............................. 40 

Exhibit H - Funding Standard Account... .............................................. 41 

Exhibit I - Maximum Deductible Contribution ...................................... .42 

Exhibit J - Pension Protection Act of 2006 ......................................... .43 

Section 4: Certificate of Actuarial Valuation 

Certificate of Actuarial Valuation .......................................................... 45 

Exhibit 1 - Summary of Actuarial Valuation Results ........................... .46 

Exhibit 2 - Actuarial Present Value of Accumulated Plan Benefits ..... .47 

Exhibit 3-Current Liability ................................................................... 48 

Exhibit 4 - Information on Plan Status as of September 1, 2017 ........ .49 

Exhibit 5 - Schedule of Projection of Expected Benefit Payments ...... 50 

Exhibit 6 - Schedule of Active Participant Data ................................... 51 

Exhibit 7 - Funding Standard Account ................................................. 52 

Exhibit 8 - Statement of Actuarial Assumptions/Methods .................... 55 

Exhibit 9 - Summary of Plan Provisions ............................................... 62 

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Introduction 

There are several ways of evaluating funding adequacy for a pension plan. In monitoring the Plan's financial position, the Trustees should 

keep in mind all of these concepts. 

I 

,Ir i@r i@r 

(li)

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.-

liY 

Funding 

Standard 

Account 

Zone 

Information 

Solvency 

Projections 

Withdrawal 

Liability 

The ERISA Funding Standard Account (FSA) measures the cumulative difference between actual contributions and the 

minimum required contributions. If actual contributions exceed the minimum required contributions, the excess is called 

the credit balance. If actual contributions fall short of the minimum required contributions, a funding deficiency occurs. 

The Pension Protection Act of 2006 (PPA'06) called on plan sponsors to actively monitor the projected FSA credit 

balance, the funded percentage (the ratio of the actuarial value of assets to the present value of benefits earned to date) 

and cash flow sufficiency. Based on these measures, plans are then categorized as critical (Red Zone), endangered 

(Yellow Zone), or neither (Green Zone). The Multiemployer Pension Reform Act of 2014 (MPRA), among other things, 

made the zone provisions permanent. 

Pension plan funding anticipates that, over the long term, both contributions and investment earnings will be needed to 

cover benefit payments and expenses. To the extent that contributions are less than benefit payments, investment 

earnings and fund assets will be needed to cover the shortfall. In some situations, a plan may be faced with insufficient 

assets to cover its current obligations and may need assistance from the Pension Benefit Guaranty Corporation (PBGC). 

MPRA provides options for some plans facing insolvency . 

ERISA provides for assessment of withdrawal liability to employers who withdraw from a multiemployer plan based on 

unfunded vested benefit liabilities. 

*Segal Consulting 4 
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Important Information about Actuarial Valuations 

An actuarial valuation is a budgeting tool with respect to the financing offuture uncertain obligations of a pension plan. As such, it will never 

forecast the precise future contribution requirements or the precise future stream of benefit payments. In any event, it is an estimated forecast 

- the actual cost ofthe plan will be determined by the benefits and expenses paid, not by the actuarial valuation. 

In order to prepare a valuation, Segal Consulting ("Segal") relies on a number ofinput items. These include: 

Plan provisions define the rules that will be used to determine benefit payments, and those rules, or the interpretation of them, 

may change over time. Even where they appear precise, outside factors may change how they operate. For example, a plan 

Plan may require the award of a Social Security disability pension as a condition for receiving a disability pension from the plan. If so, 

Provisions changes in the Social Security law or administration may change the plan's costs without any change in the terms of the plan 

itself. It is important for the Trustees to keep Segal informed with respect to plan provisions and administrative procedures, and 

to review the plan summary included in our report to confirm that Segal has correctly interpreted the plan of benefits. 

An actuarial valuation for a plan is based on data provided to the actuary by the plan. Segal does not audit such data for 

completeness or accuracy, other than reviewing it for obvious inconsistencies compared to prior data and other information that 

appears unreasonable. For most plans, it is not possible nor desirable to take a snapshot of the actual workforce on the Participant valuation date. It is not necessary to have perfect data for an actuarial valuation: the valuation is an estimated forecast, not a J.l. Information prediction. The uncertainties in other factors are such that even perfect data does not produce a "perfect'' result. 

Notwithstanding the above, it is important for Segal to receive the best possible data and to be informed about any known 

incomplete or inaccurate data. 

Part of the cost of a plan will be paid from existing assets - the balance will need to come from future contributions and 

investment income. The valuation is based on the asset values as of the valuation date, typically reported by the auditor. Some 

plans include assets, such as private equity holdings, real estate, or hedge funds, that are not subject to valuation by reference Financial to transactions in the marketplace. A snapshot as of a single date may not be an appropriate value for determining a single Information year's contribution requirement, especially in volatile markets. Plan sponsors often use an "actuarial value of assets" that differs 

from market value to gradually reflect year-to-year changes in the market value of assets in determining the contribution 

requirements . 

. . In. prep.aring an actuarial valuation, Segal starts by developing a forecast of the benefits to be paid to existing ·plan participants 

for the rest of their lives and the lives of their beneficiaries. This requires actuarial assumptions as to the probability of death, 

disability, withdrawal, and retirement of participants in each year, as well as forecasts of the plan's benefits for each of those 

events. The. forecasted benefits are then discounted to a present value, typically based on an estimate of the rate of return that 

will be achieved on the plan's assets. All of these factors are uncertain and unknowable. Thus, there will be a range of 

AC~\J.,lrial reasonable assumptions, and the results may vary materially based on which assumptions the actuary selects within that range. 

~ Assumptions That is, there is no right answer (except with hindsight). It is important for any user of an actuarial valuation to understand and 

accept this constraint. The actuarial model may use approximations and estimates that will have an immaterial impact on our 

results and will have no impact on the actual cost of the plan (the total of benefits and expenses paid out over time). In addition, 

the actuarial assumptions may change over time, and while this can have a significant impact on the reported results, it does 

not mean that the previous assumptions or results were unreasonable or wrong. *

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Given the above, the user ofSegal's actuarial valuation (or other actuarial calculations) needs to keep the following in mind: 

The actuarial valuation is prepared for use by the Trustees. It includes information for compliance with federal filing requirements and 

for the J>lan's auditor. Segal is not responsible for the use or misuse ofits report, particularly by any other party. 

•

0 An actuarial valuation is a measurement at a specific date~ it is not a prediction of a plan's future financial condition. Accordingly, 

Segal did not perform an analysis ofthe potential range offinancial measurements, except where otherwise noted. 

Actuarial results in this report are not rounded, but that does not imply precision. 

Critical events for a plan include, but are not limited to, decisions about changes in benefits and contributions. The basis for such 

decisions needs to consider many factors such as the risk of changes in employment levels and investment losses, not just the current 

valuation results. 

,, ERISA requires a plan's enrolled actuary to provide a statement for inclusion in the plan's annual report disclosing any event or trend 

that the actuary has not taken into account, if, to the best ofthe actuary's knowledge, such an event or trend may require a material 

increase in plan costs or required contribution rates. Ifthe Trustees are currently aware of any event that was not considered in this 

valuation and that may materially increase the cost of the Plan, they must advise Segal, so that we can evaluate it and take it into 

account. 

A certification of"zone" status under PPA'06 is a separate document from the actuarial valuation. 

Segal does not provide investment, legal, accounting, or tax advice. This valuation is based on Segal' s understanding of applicable 

guidance in these areas and ofthe plan's provisions, but they may be subject to alternative interpretations. The Trustees should look to 

their other advisors for expertise in these areas. · 

, While Segal maintains extensive quality assurance procedures, an actuarial valuation involves complex computer models and numerous 

inputs. In the event that an inaccuracy is discovered after presentation of Segal's valuation, Segal may revise that valuation or make an 

appropriate adjustment in the next valuation. 

Segal's report shall be deemed to be final and accepted by the Trustees upon delivery and review. Trustees should notify Segal 

immediately of any questions or concerns about the final content. 

As Segal Consulting has no discretionary authority with respect to the management or assets ofthe Plan, it is not a fiduciary in its capacity as 

actuaries and consultants with respect to the Plan. 

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Section 1: Actuarial Valuation Summary 

Summary of Key Valuation Results 

Certified Zone 

Status 

Demographic 

Data: 

Assets: 

Cash Flow: 

Statutory 

Funding 

Information: 

Cost Elements 

on an FSA 

Cost Basis: 

Withdrawal 

Liability:1 

{ 

• Number of active participants 

• Number of inactive participants with vested rights 

• Number of retired participants and beneficiaries 

• Market value of assets (MVA) 

• Actuarial value of assets (AVA) 

• AVAasapercentofMVA 

• Projected employer contributions at the negotiated rates 

• Actual contributions including withdrawal liability payments 

• Projected benefit payments and expenses 

• Insolvency projected in Plan Year ending August 31, 

• Minimum required contribution 

• Maximum deductible contribution 

Annual Funding Notice percentage 

• FSA deficiency as of August 31, 

• Normal cost, including administrative expenses 

0 Actuarial accrued liability 

• Unfunded actuarial accrued liability (based on AVA) 

• Present value of vested benefits 

• Unfunμed pres.en! value of vested benefits (based on MVA) 

Using the assumptions described in Section 2: Withdrawal Liability Assumptions. 

Critical 

714 

954 

2,866 

$151,975,903 

154,640,867 

101.8% 

$8,879,222 

9,629,904 

30,215,241 

2028 

$55,589,815 

596,623,925 

46.7% 

$14,037,722 

$2,413,752 

338,327,966 

$183,687,099 

401,758,145 

249,782,242 

Critical 

692 

935 

2,813 

$146,959,183 

147,543,512 

100.4% 

$8,883,692 

31,106,935 

2028 

$91,093,017 

613,199,660 

42.6% 

$45,628,883 

$2,879,618 

353,791,408 

$206,247,896 

410,057,215 

263,098,032 

• 

Section 1: Actuariai Valuation Summary as of September 1, 2017 for the Local 807 Labor-Management 7 Pension Fund 

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Comparison of Funded Percentages 

1. Present Value of Future Benefits 44.7% 40.7% $362,880, 123 $147,543,512 

2. Actuarial Accrued Liability 45.7% 41.7% 353,791,408 147,543,512 

3. PPA'06 Liability and Annual Funding Notice 46.7% 42.6% 346,728,132 147,543,512 

4. Accumulated Benefits Liability 45.9% 42.4% 346,728,132 146,959,183 

5. Withdrawal Liability 37.8% 35.8% 410,057,215 146,959,183 

6. Current Liability 30.9% 29.6% 536,604,543 158,835,925 

Notes: 

1. The value of benefits earned through the valuation date (accrued benefits) plus the value of benefits projected to be earned in the future for current 

participants. Used to develop the actuarial accrued liability, based on the long-term funding investment return assumption of 7.00% for 2017 and 

7.50% for 2016 and the actuarial value of assets. The funded percentage using market value of assets is 44.0% for 2016 and 40.5% for 2017. 

2. The portion of the present value of future benefits allocated by the actuarial cost method to years prior to the valuation date based on the longterm funding investment return assumption of 7.00% for 2017 and 7.50% for 2016 and the actuarial value of assets. The funded percentage using 

market value of assets is 44.9% for 2016 and 41.5% for 2017. 

3. The present value of benefits earned through the valuation date (accrued benefits) defined by PPA'06, based on the long-term funding investment 

return assumption of 7.00% for 2017 and 7.50% for 2016 and compared to the actuarial value of assets. 

4. The present value of accrued benefits for disclosure in the audtted financial statements, based on the long-term funding investment return 

assumption of 7.00% for 2017 and 7.50% for 2016 and compared to the market value of assets. 

5. The present value of vested benefits for withdrawal liability purposes, based on the blended interest rate and other assumptions described in 

Section 2: Withdrawal Uabi/ity Assumptions, the present value of vested benefits, and compared to the market value of assets. Includes the 

unamortized value of the Rehabilitation Plan reductions. 

6. The present value of accrued benefits based on a government-prescribed mortality table and investment return assumption of 3.11 % for 2016 and 

3.03% for 2017, and compared to the market value of assets, including withdrawal liability payments receivable. Used to develop the maximum 

tax-deductible contribution and shown on the Schedule MB if less than 70%. 

Disclosure: These measurements are not necessarily appropriate for assessing the sufficiency of Plan assets to cover the estimated cost of settling the Plan's benefit obligations or th"e need'fOr · • or the amount of future contributions. ~ ·· · ·~·- ·· · ',~' ·· 

Section 1: Actuarial Valuation Summary as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund --X-- Segal Consulting 8 

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, This September 1, 2017 actuarial valuation report is based on financial and demographic information as of that date. Changes subsequent to 

' that date are not reflected unless specifically identified, and will affect future results. Segal is prepared to work with the Trustees to analyze 

i the effects of any subsequent developments. The current year's actuarial valuation results follow. 

A. Developments Since Last Valuation 

1. The rate ofreturn on the market value ofplan assets was 10.21 % for the plan year ended 

August 31, 2017. The rate ofreturn on the actuarial value of assets was 8.57%. Given the low fixed 

income interest rate environment, target asset allocation and expectations offuture investment 

returns for various asset classes, we will continue to monitor the Plan's actual and anticipated 

investment returns relative to the assumed long-term rate ofreturn on investments. The assumption for net investment return was revised 

with this valuation from 7.50% to 7.00%. 

2. Additionally, the assumptions for mortality rates, retirement rates, benefit election and annual administrative expenses have been revised. 

See Section 4, Exhibit 8 for more information. 

3. The 2017 certification, issued on November 29, 2017, based on the liabilities calculated in the 2016 actuarial valuation, projected to 

August 31, 2017, and estimated asset information as ofAugust 31, 2017, classified the Plan as critical and is also critical and declining (in 

the Red Zone) because there is a deficiency in the FSA and the Plan was projected to be insolvent within 15 years. This projection was 

based on the Trustees' industry activity assumption that the active population will decline by 2% annually and, on average, .contributions 

will be made for 1,850 hours per year for each active participant. 

B. Funded Percentage and Funding Standard Account ( re- /' 1. Based on this September 1, 2017 actuarial valuation, the funded percentage that will be reported 

on the 2017 Annual Funding Notice is 42.6%. \

, 2. The funding deficiency in the FSA as ofAugust 31, 2017 was $45,628,883, an increase of . 

$31,591,161 from the prior year. -/ 

Section 1: Actuarial Valuation Summary as of September 1, 2017 for the Local 807 Labor-Management ft Segal Consulting Pension Fund 

9 
C. Solvency Projections 

The Plan is projected to be unable to pay benefits within 11 years (i.e., the year ending August 31, 

2028), assuming experience is consistent with the September 1, 2017 assumptions. This is the 

same as projected in the September 1, 2016 valuation. This projection does not take into account 

future contribution rate increases required under the Rehabilitation Plan. We are working with the 

Trustees to evaluate a possible benefit suspension under MPRA to address this this cash-flow 

crisis. Reflecting future rate increases required under the Rehabilitation Plan, the Plan is projected 

to be insolvent in the year ending August 31, 2029. 

D. Funding Concerns and Risks 

1. The imbalance between the benefit levels in the Plan and the resources available to pay for them is 

being monitored. 

2. The growing funding deficiency and the projected inability to pay benefits need prompt attention. 

3. We are working with the Trustees to develop alternatives to address this situation including updating the 

Rehabilitation Plan if needed and exploring a possible benefit suspension under MPRA. 

4. The actions already taken to address this issue include plan changes and scheduled contribution rate 

increases per the Rehabilitation Plan. 

5. Since the actuarial valuation results are dependent on a given set of assumptions, there is a risk that emerging results may differ 

significantly as actual experience proves to be different from the assumptions. We have included a list ofvarious risks that may affect the 

Plan in Section 2. 

E, Withdrawal Liability 

1. The unfunded present value ofvested benefits for withdrawal liability purposes (UVB) is $263,098,032 

(using the assumptions outlined in Section 2: Withdrawal Liability Assumptions). Compared to 

$249,782,242 as ofthe prior year, the increase of$13,315,790 is primarily due to changes in assumptions, 

and partially offset by the investment gain on a market value basis. 

2. The Trustees have adopted the method outlined in PBGC Technical Update 10-3 to account for benefit 

reductions implemented by the Rehabilitation Plan. The unamortized value of those benefit reductions is 

included in the unfunded vested benefit amount shown above. 

Section 1: Actuarial Valuation Summary as of September 1, 2017 for the Local 807 Labor-Management 10 

0 Pension Fund 

*Segal Consulting 0

--.,

--., 

"' 

'.il '.-~~""' 10 --------

2014 2015 2016 2011 2018 2Dt9 
• • • • • • •• • • 

Section 2: Actuarial Valuation Results 

Participant Information 

> The Actuarial Valuation is based on demographic data as of August 31, 2017. 

> There are 4,440 total participants in the current valuation, compared to 4,534 in the prior valuation. 

> The ratio ofnon-actives to actives has increased to 5.42 from 5.40 in the prior year. 

> More details on the historical information are included in Section 3, Exhibits A and B. 

POPULATION AS OF RA TIO OF NON-ACTIVES TO ACTIVES 

AUGUST 31 AS OF AUGUST 31 

4,000 6.00 

3,500 ... 5.00 

3,000 

4.00 

2,500 

2,000 3.00 

1,500 

1,000 

500 

1111 ' " -: " ~ ' :···: • 

2.00 

1.00 

0 

2008 2009 2010 2011 2012 2013 

-+-Active .....Inactive Vested 

2014 2015 2016 2017 

-,l-ln Pay Status 

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 11 
Active Participants 

> There were 692 active participants this year, a decrease of3.l% compared to 714 in the prior year. 

> The age and service distribution is included in Section 4, Exhibit 6. 

BY AGE BY PENSION CREDITS 

160 180 

160 140 

140 

120 

120 

100 

100 

80 80 

60 60 

40 40 

• II 20 

20 

0 

0 

<t' <§' ~- ~ ,g., , 

~ , 

'. . Average age 50.3 Average pension credits 1~,i~ 

Prior year average age 50.9 Prior year average pension credits 14.4 

Difference .·. ;.o;s Difference -0.5 

-

.7 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0 

-.J 

-.J 

"' 

12 
Historical Employment 

> The charts below show a history of hours worked over the last ten years. Additional detail is in Section 3, Exhibit C. 

>- The 2017 zone certification was based on an industry activity assumption of a reduction in active participant levels of 2% annually 

and, on the average, contributions will be made for each active for 1,850 hours each year. 

> The valuation is based on 692 actives and a long-term employment projection of 1,850 hours. 

TOTAL HOURS 

2.50 

2.00 

"'1.50 

C: 

~ 

~ 1.00 

0.50 

0.00 

2008 2009 2010 2011. 2012 2013 2014 2015 2016 2017 

Historical Average Total Hours 

Lastyeic1r_. ---~ ___ 1,328,491 

. _ Las.t five years 1,435,646 

L.a.st1Q_y.ei.ars __ __ ___1,539,183 

Long~term_assllmption_ .. _ . _ 1,280,200 

AVERAGE HOURS 

2,500 

2,000 

1,500 

1,000 

o 

2008 2009 2010 2011 2012 2013 2014 

Historical Average Houl'S 

Last year 1,920 

_Last fiv~years 1,_961 

Last 1 O years 1,874 

Long_-term assumption 1,850 

2015 2016 2017 

; ·,;i 

Note: The total hours of contributions are based on total contributions divided by the average contribution rate for the year, which may differ from the hours reported to the 

Fund Office. 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 'ft Segal Consulting 

0 

0 

-.J 

-.J 

a, 

13 
200 

Inactive Vested Participants 

> A participant who is not currently active and has satisfied the requirements for, but has not yet commenced, a pension is considered an 

"inactive vested" participant. 

> There were 919 inactive vested participants this year, a decrease of2.0% compared to 938 last year. 

> This excludes 16 beneficiaries entitled to future benefits this year, the same as in the prior year. 

BY AGE BY MONTHLY AMOUNT 

200 

180 180 

160 

-

-

140 -

120 

100 

80 

60 -

,. . · Average age 

Prior year average age 

62.2 

58.6 

~ ~-- __ J~1=1-~_.__ •__ -1_ 

cf? cf? cf? cf? cf? cf? cf? qi' ~ ., ~ ~ 'b .... c:, n:, Qi 0 -" ..... ..... o,; ' ..... 'V 'v' 'v' 'v' .,,. qi' !::. ' "' "' "' ~ ' ' ~ ' ,§' - ,§ ~l ri .. ~ ~ '6~i i' ,.;: # .. ..... ..... ..... "' n:,• .. .. .. .. 'V .. <v· .. <v· o,;

~ ,_ ,_.....-,.-,'1 

Average amount $9S9t 

Prior year average amount $951 

160 

140 

120 

100 

80 

60 

40 

20 

0, . 

-- -,' 

~ 

' ~ 

-- -"Difference ·3,6 · -·pifference $38 

·Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 14 
New Pensions Awarded 

2008 85 $1,260 $1,258 19 $1,296 5 $773 5 $2,646 16 $1,635 20 $703 

2009 70 1,206 11 1,073 14 948 5 1,552 5 1,557 15 1,954 20 723 

2010 89 1,441 10 1,393 20 1,766 9 1,418 18 2,495 32 667 

2011 107 1,796 16 2,135 22 925 2 1,798 7 2,053 35 3,082 25 471 

2012 82 1,215 20 1,289 25 1,041 4 1,368 6 3,297 27 834 

2013 51 749 12 1,060 13 782 26 589 

2014 44 754 9 1,262 9 747 26 580 

2015 60 1,093 16 1,788 19 1,014 25 710 

2016 54 1,075 13 1,500 20 1,191 21 700 

2017 53 1,171 17 1,994 11 1,144 25 624 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0 

--J 

--J 

15 

00 
Pay Status Information 

>- There were 2,166 pensioners and 639 beneficiaries this year, compared to 2,214 and 646, respectively; in the prior year. 

> Monthly benefits for the Plan Year ending August 31, 2017 total $2,280,000, as compared to $2,269,436 in the prior year. 

BY TYPE 

AND AGE 

600 

500 

400 

300 

200 

100 

0 I

Regular  Early  Disability  25 Year  30 Year  Deferred 

Average age 76.9 

Prior year average age 

Difference · 

BY TYPE AND 

MONTHLY AMOUNT 

900 

800 

700 

600 

500 

400 

,g, ,g, ,g, ,g, ,g, ~ rt;- I ~ ~ "5 C!> ~ n, .... "5 C!> if 

rf; 

.. " ..... ....- ....- 'v' 'v' " 0,' n,• n,· 'It t' .§' .§' ' .§' .§' ~' ' 

.;:; ~ .. $' ca # 1:' 'll 'v # # ~ ..... ..... I>'' 'v' '\,' 'v' n,• .,.n,- ... ... ... .. "' "' "' - Regular  Early  Disability  25 Year s 30 Year ll Deferred 

Average amount $963 

Prior year average amount $936 

Difference $27 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management ft Segal Consulting Pension Fund 

0 

__,

0

__, 

"' 

16 
- - - -- -

• 

Financial Information 

-,. Benefits and expenses are funded solely from contributions and investment earnings. 

-,. Additional detail is in Section 3, Exhibit E. 

> For the most recent year, benefit payments and expenses were 3.0 times contributions. 

COMPARISON OF EMPLOYER CONTRIBUTIONS 

WITH BENEFITS AND EXPENSES PAID 

35 

30 . 1111111 1111111 

25 

~ 

~ 20 

2 

,,. 15 

2008 2009 2010 2011 2012 2013 2014 2015 

 Contributions ·, Benefits Paid  Expenses 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management V 

-r~ Segal Consulting 17 

Pension Fund 

0 

0

--., 

co 

0 
1 

2 

Determination of Actuarial Value of Assets 

> The asset valuation method gradually recognizes annual market value fluctuations to help mitigate volatility in the actuarial cost 

calculations. 

> Less volatility in the actuarial cost better aligns with negotiated contribution rates. 

Market value of assets, August 31, 2017 $146,959,183 

Calculation of unrecognized return 

(a) Year ended August 31, 2017 $3,818,336 $3,054,669 

(b) Year ended August 31, 2016 -329,297 -197,578 

(c) Year ended August 31, 2015 -16,493, 756 -6,597,502 

(d) Year ended August 31, 2014 15,780,415 3,156,083 

(e) Year ended August 31, 2013 5,912,804 Q 

-$584,329 (f) Total unrecognized return 

3 147,543,512 Preliminary actuarial value: (1) • (2f) 

4 0 Adjustment to be within 20% corridor 

147,543;512 5> ·. Finaractua.iial value of.assets as ofALigi.Jst'3.1\2Q17:. · !\c_\(~)r;;i''jJ~jJi::;,} ·.• 

100.4% 6 Actuarial value as a percentage of market value: (5) + (1) 

7 -$584,329 Amount deferred for future recognition: (1) · (5) 

*. Total returtl minus· expected return on a market value basis 

- Re~ognition at 20% per year over 5 years 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management -f'~ Segal Consulting Pension Fund 

0 

0

--., 

co 

18 
Asset History for Years Ended August 31 

ACTUARIAL VALUE OF ASSETS VS. MARKET VALUE OF ASSETS 

300 

100 

50 

0 

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 

-'>·Actuarial Value ...,MarketValue 

250 

U) 200 

C 

0 

2 

<Ft 150

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0 

--.J 

co 

N> 

19 
Actuarial Experience 

> Assumptions should reflect experience and should be based on reasonable expectations for the future. 

> Each year actual experience is compared to that projected by the assumptions. Differences are reflected in the contribution 

requirement as an experience gain or loss. 

> Assumptions are not changed if experience is believed to be a short-term development and that, over the long run, experience will 

return to assumed levels. 

> The net experience variation for the year was not significant when compared to that liability. 

EXPERIENCE FOR THE YEAR ENDED AUGUST 31, 2017 

1 Gain from investments $1,537,828 

2 Loss from administrative expenses -40,757 

3 Net loss from other experience -3,051,611 

i -$1554;540 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0__, 

00 

w 

20 
Actuarial Value Investment Experience 

> Net investment income consists of expected investment income at the actuarially assumed rate ofreturn, and an adjustment for market 

value changes. Investment expenses are subtracted. 

> The actuarial value of assets does not yet fully recognize past investment gains and losses, which will affect future actuarial 

investment returns. 

INVESTMENT EXPERIENCE FOR THE YEAR ENDED AUGUST 31, 2017 

1 Net investment income $12,296,064 

2 Average actuarial value of assets 143,443,141 

3 Rate of return: 1 + 2 8.57% 

4 Assumed rate of return 7.50% 

5 Expected net investment income: 2 x 4 $10,758,236 

6. Actuari~I g~in,f(~M!!1J:i(eli@f1~:1⁄41~t~);i{{/'.:;c, . $1'537-828 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 0 

0

...., 

00

... 

21 
Historical Investment Returns 

> Actuarial planning is long term. The obligations of a pension plan are expected to continue for the lifetime of all its participants. 

> The assumed long-term rate ofreturn of 7.00% considers past experience, the Trustees' asset allocation policy and future expectations. 

MARKET VALUE AND ACTUARIAL RATES OF RETURN 

FOR YEARS ENDED AUGUST 31 

-25% 

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 

"""':--Actuarial Value ~Market Value 

20% 

15% 

10% 

5% 

0% 

-5% 

-10% 

-15% 

-20% 

Most recent year return: 8.57% 10.21% 

Most recent five-year average return: 8.48% 8.62% 

Ten-year average return: 3.17% 3.15% 

Section 2: Actuarial Vaiuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund -r'\- Segal Consulting 22 

0 

0

--., 

"' "' 
Non-Investment Experience 

Administrative Expenses 

> Administrative expenses for the year ended August 31, 2017 totaled $1,314,420, as compared to the assumption of $1,275,000. 

Mortality Experience 

> Mortality experience (more or fewer than expected deaths) yields actuarial gains or losses. 

> The average number of deaths for nondisabled pensioners over the past year was 115 compared to 120 projected deaths. The number 

of deaths for disabled pensioners over the past year was 8 compared to 5.4 projected deaths. However, the number of_ deaths for 

pensioners is too small to be statistically credible. The mortality table used was published by the Society ofActuaries and is 

appropriate for the valuation ofthis plan. 

Other Experience 

> Other differences between projected and actual experience include the extent ofturnover among the participants and retirement 

experience ( earlier or later than projected). 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0 

-..J 

00 

"' 

23 
Actuarial Assumptions 

:,. The following assumptions were changed with this valuation: 

,. Annual administrative expenses were increased to $1,500,000 for the year beginning September 1, 2017. 

0 

,, 

0 

Effective September 1, 2017, the mortality assumption was updated to use generational Scale MP-2017 for anticipation offuture 

longevity improvement. 

The assumption for benefit election was modified to reflect 20% ofparticipants retiring would elect the 75% Joint and Survivor 

option. 

The retirement rates for active and inactive vested participants were revised based on past experience and future expectations. 

,. The net investment return assumption was revised from 7.5% to 7.0%. 

>- These changes increased the actuarial accrued liability by 4.3% and increased the normal cost by 13.7%. 

>- Details on actuarial assumptions and methods are in Section 4, Exhibit 8. 

Plan Provisions 

 There were no changes in plan provisions for FSA purposes since the prior valuation. 

:,. A summary ofplan provisions is in Section 4, Exhibit 9. 

Contribution Rate Changes 

>- The average contribution rate is $6.94 per hour as ofthis valuation. 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management ft Segal Consulting 24 

Pension Fund 

0 

0___, 

co___, 
Pension Protection Act of 2006 

2017 Actuarial Status Certification 

>- PPA'06 requires trustees to actively monitor their plans' financial prospects to identify 

emerging funding challenges so they can be addressed effectively. Details are shown in 

Section 3, Exhibit J. 

> The 2017 certification, completed on November 29, 2017, was based on the liabilities 

calculated in the September 1, 2016 actuarial valuation, adjusted for subsequent events 

and projected to August 31, 2017, and estimated asset information as ofAugust 31, 2017. 

The Trustees provided an industry activity assumption of an active population declining 

2% annually with contributions made for 1,850 hours per year for each active participant. 

> This Plan was classified as critical and is also critical and declining (in the Red Zone) 

because there is deficiency in the FSA and the Plan was projected to be insolvent within 

15 years. 

>- In addition, the Plan is making the scheduled progress in meeting the requirements ofits 

rehabilitation plan. 

Rehabilitation Plan Update 

> The Plan's Rehabilitation Period began September 1, 2013 and ends August 31, 2048. 

> Section 432(e)(3)(B) requires that the Trustees annually update the Rehabilitation Plan and Schedules. 

2008 GREEN 

2009 GREEN 

2010 RED 

2011 • RED 

2012 RED 

2013 RED 

2014 RED 

2015 RED 

2016 RED (C&D) 

2017 RED (C&D) 

> Based on this valuation, projections show the Plan is not expected to emerge from critical status within the Rehabilitation Period. 

· > The annual standard detailed in the Rehabilitation Plan of avoiding insolvency before 2024 is projected to be met. 

> Segal will continue to assist the Trustees to evaluate and update the Rehabilitation Plan and to prepare the required assessment of 

Scheduled Progress. We are working with the Trustees to update the Rehabilitation Plan including exploring a potential benefit 

suspension under MPRA. 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0

..., 

00 

25 

00 
Funding Standard Account (FSA) 

> On August 31, 2017, the FSA had a funding deficiency of$45,628,883, as shown on the 2016 Schedule MB. Contributions meet the 

legal requirement on a cumulative basis ifthat account shows no deficiency. 

> Employers contributing to plans in critical status will generally not be penalized if a funding deficiency develops, provided the parties 

fulfill their obligations under the Rehabilitation Plan, including negotiation of bargaining agreements consistent with Schedules 

provided by the Trustees. 

> The minimum funding requirement for the year beginning September I, 2017 is $91,093,018. 

> Based on the assumption that 692 participants will work an average of 1,850 hours at a $6.9393 average contribution rate, the 

contributions projected for the year beginning September I, 2017 are $8,883,692. In addition, withdrawal liability payments are 

projected to be $1,360,771. The funding deficiency is projected to increase by approximately $34,890,995 to $80,519,878 as of 

August 31, 2018. 

> A summary ofthe ERISA minimum funding requirements and the FSA for the year ended August 31, 2017 is included in 

Section 3, Exhibit H 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management V . 7~ Segal Consulting 26 

Pension Fund 

0 

0

.... 

00 

"' 
Funding Standard Account Projection 

 A 15-year projection indicates the funding deficiency will continue to grow assuming that: 

0 The Plan will earn a market rate ofreturn equal to 7.00% each year. 

,, All other experience emerges as assumed, no assumption changes are made, 

There are no plan amendments or changes in law regulation, and 

0 Administrative expenses are projected to increase 1.0% per year. 

>- The projection is based on a declining number of active employees (2% annually) and 1,850 hours per capita with future normal cost 

increasing by 0.2% per year. 

CREDIT BALANCE AS OF AUGUST 31 

100 

0 ~ ~ - ' ,,,;..,, .-

-100 

U) 

~ -200 

:;; 

.,. -300 

-400 

-SQQ, 

2013 2016 2019 2022 2025 2028 2031 

Additional scenarios would demonstrate sensitivity to investment 

return, employment and other alternative assumptions. 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal ~onsulting 

0 

0__, 

"' 

27 

0 
PPA'OG Funded Percentage Historical Information 

PRESENT VALUE OF ACCRUED BENEFITS (PVAB) VS. 

ACTUARIAL VALUE OF ASSETS AS OF SEPTEMBER 1 '

400 

350 

300 1/) 

C: 250 ;g 200 2 

.,,. 150 

100 

50 

0 

2008 2009 2010 2011 2012 2013 2014 2015

 PVAB  Actuarial Value of Assets 

PPA '06 FUNDED PERCENTAGE AS OF SEPTEMBER 1 

100% 

90% 

80% 

70% 

60% 

50% 

40% 

30% 

20% 

10% . . ·-·--·- - ----- .. -_. .·.---· --.., . .,_.,.~---··· .,. ___, __ ,.,_ -· ~--~ •-·~--· ,. ,,.--..-.. - _, 0% 

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

*

28 

Pension Fund Segal Consulting 

2016 2017 

0 

0

.... 

"' 
Solvency Projection 

> PPA'06 requires Trustees to monitor plan solvency - the ability to pay benefits and expenses when due. MPRA classifies red zone 

plans that are projected to become insolvent within 15 or 20 years as "critical and declining." See Section 3, Exhibit J for more 

information. 

> This Plan was certified as critical and declining based on a projected insolvency in 13 years. 

> Based on this valuation, assets are projected to be exhausted in 2028, as shown below. This is the same year projected in the prior 

year. 

> This projection is based on the negotiated contribution rates, the current valuation assumptions and the Trustees' industry activity 

assumptions. This projection does not reflect the contribution rate increases under the Rehabilitation Plan. Reflecting future rate 

increases required under the Rehabilitation Plan, the Plan is projected to be insolvent in the year ending August 31, 2029. 

> The Plan is operating under a Rehabilitation Plan that is intended to forestall insolvency. 

PROJECTED ASSETS AS OF AUGUST 31 

160 

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 

Additional scenarios would demonstrate sensitivity to 

investment return, employment and other alternative assumptions. . I 

I}) 

C: 

~ 

~ .,. 

140 

120 

100 

80 

60 

40 

20 

0 "-'""-"-'-•'· 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management V 29 

Pension Fund 7'\'" Segal Consulting 

0 

0

...., 

(0 

"' 
Funding Concerns 

>- The imbalance between the benefit levels in the Plan and the resources available to pay for them must be monitored. 

>- The growing funding deficiency and the projected inability to pay benefits need prompt attention. 

>- We are working with the Trustees to develop alternatives to address this situation including updating the Rehabilitation Plan ifneeded 

and exploring a possible benefit suspension under MPRA. 

>- The actions already taken to address this issue include plan changes and scheduled contribution rate increases per the Rehabilitation 

Plan. 

>- Since the actuarial valuation results are dependent on a given set of assumptions, there is a risk that emerging results may differ 

significantly as actual experience proves to be different from the assumptions. We have included a list ofvarious risks that may affect 

the Plan. 

Risk 

>- We have not been engaged to perform a detailed analysis of the potential range of the impact ofrisk relative to the Plan's future 

financial condition, but we have included a brief list ofsome risks that may affect the Plan: 

• Investment Risk ( the risk that returns will be different than expected) 

• Contribution Risk (the risk that actual contributions will be different from projected contributions) 

• Longevity Risk (the risk that mortality experience will be different than expected) 

• Demographic Risk (the risk that participant experience will be different than assumed) 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund ft Segal Consulting 30 
Withdrawal Liability 

> As ofAugust 31, 2017, the preliminary actuarial present value ofvested plan benefits for withdrawal liability purposes is 

$403,410,828. 

> Reductions in accrued benefits or contribution surcharges for a plan in critical status (Red Zone) are disregarded in determining an 

employer's allocation ofthe UVB. The Trustees have adopted a method for calculating the UVB effective for withdrawals that occur 

on and after September 1, 2011. The method is based on the PBGC's Technical Update 10-3, which describes how to account for the 

effect of benefit reductions that are implemented as part of a Rehabilitation Plan ("Affected Benefits") when a pension plan is in 

critical status. 

> The unamortized value of all Affected Benefits pools (as shown in the chart below) is also included in the total present value of vested 

benefits of$410,057,215 as ofAugust 31, 2017. 

> The $13,315,790 increase in the unfunded present value ofvested benefits from the prior year is primarily due to changes m 

assumptions. 

1 Present value of vested benefits (PWB) measured as of valuation date $394,606,217 $403,410,828 

2 Unamortized value of Affected Benefits pools 7,151,928 6,646,387 

3 Total present value of vested benefits: 1 + 2 $401,758, 145 $410,057,215 

4 Market value of assets 151,975,903 146,959,183 

5 Unfunded present value of vested benefits (UVB): 3 - 4, not less than $0 $249,782,242 $263,098,032 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund ft Segal Consulting 31 

0 

0 

-.J 

"' .... 
Withdrawal Liability Assumptions 

'>- The actuarial assumptions and methods are reasonable (taking into account the experience ofthe Plan and reasonable expectations) 

and, in combination, represent the actuary's best estimate of anticipated experience under the Plan to determine the unfunded vested 

benefits for withdrawal liability purposes. 

> The interest rate is based on a blend, which includes rates selected based on estimated annuity purchase rates for benefits being settled, 

because withdrawal liability is a final settlement of an employer's obligations to the Plan. For benefits that could be settled 

immediately, because assets on hand are sufficient, the annuity purchase rates are those promulgated by PBGC under 

ERISA Sec. 4044 for multiemployer plans terminating by mass withdrawal on the measurement date. For benefits that cannot be 

settled immediately because they are not currently funded, the calculation uses rates equal to the interest rate used for plan funding 

calculations. 

Interest For liabilities up to market value of assets, 2.44% for 20 years and 2.74% beyond (2.50% for 20 years and 2.85% beyond, in 

the prior year valuation). For liabilities in excess of market value of assets, same as used for plan funding as of 

September 1, 2017 (the corresponding funding rate as of a year earlier was used for the prior year's value). 

Administrative Calculated as prescribed by PBGC formula (29 CFR Part 4044, Appendix C); not applicable to those liabilities determined 

Expenses using funding interest rates. 

Mortality Same as used for plan funding as of September 1, 2017 (the corresponding mortality rates as of a year earlier were used for 

the prior year's value) 

Retirement Rates Same as used for plan funding as of September 1, 2017 (the corresponding retirement rates as of a year earlier were used 

for the prior year's value) 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

0 

0

...., 

"' "' 

32 
' 

Disclosure Requirements 

Annual Funding Notice 

>- The actuarial information to be provided in the annual funding notice is shown in Section 3, Exhibit G. 

>- The value of plan benefits earned to date as of September 1, 2017 is $346,728,132 using the long-term funding interest rate of7.00%. 

As the actuarial value of assets is $147,543,512, the Plan's funded percentage is 42.6%, compared to 46.7% in the prior year. 

Current Liability 

>- The Plan's current liability as of September 1, 2017 is $536,604,543 using an interest rate of 3.03%. As the market ·value of assets, 

including withdrawal liability payments receivable, is $158,835,925, the funded current liability percentage is 29.6%. This is required 

to be disclosed on the 2017 Schedule MB ofIRS Form 5500 since it is less than 70%. Details are shown in Section 4, Exhibit 3. 

Accounting Information 

>- The Financial Accounting Standards Board (FASB) requires determination of the present value of accumulated plan benefits - the 

single-sum value ofthe benefits, vested or not, earned by participants as ofthe valuation date. Additional details on the present value 

ofthe accumulated plan benefits can be found in Section 4, Exhibit 2. 

Section 2: Actuarial Valuation Results as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

o· 

..... 

"' en 

33 

0 
Section 3: Supplementary Information 

EXHIBIT A-TABLE OF PLAN COVERAGE 

....:~ 0 ~ 

Participants in Fund Office tabulation 

Less: Participants with less than one pension credit 

791 

77 

758 

66 

Active participants in valuation: 

• Number 

• Average age 

• Average pension credits 

• Average contribution rate for upcoming year 

• Number with unknown age and/or service information 

• Total active vested participants 

Inactive participants with rights to a pension: 

• Number 

• Average age 

• Average estimated monthly benefit 

• Beneficiaries with rights to deferred payments 

Pensioners: 

• Number in pay status 

• Average age 

• Average monthly benefit 

• Number of alternate payees in pay status 

• Number in suspended status 

Beneficiaries: 

• • Number in pay status 

•

. • Average age 

• Average monthly benefit 

Total Participants 

714 

50.9 

14.4 

6.3560 

68 

566 

938 

58.6 

$951 

16 

2,214 

76.6 

$936 

23 

6 

646 

78.0 

$306 

4,534 

692 -3.1% 

50.3 -0.6 

13.9 -0.5 

6.9393 9.2% 

73 7.4% 

524 -7.4% 

919 -2.0% 

62.2 3.7 

$989 4.0% 

16 0.0% 

2,166 -2.2% 

76.9 0.3 

$963 2.9% 

24 4.3% 

8 33.3% 

639 -1.1% 

78.6 0.6 

$303 -0.7% 

4,440 -2.1% 

Section 3: Supplementary information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund ft Segal Consulting 34 

0 

0___, 

___, "' 
EXHIBIT B - PARTICIPANT POPULATION 

"' rti@flif~r- •': ~th'ti~t 

2008 

2009 

2010 

2011 

2012 

2013 

2014 

2015 

2016 

2017 

1,049 

1,014 

900 

823 

799 

745 

762 

746 

714 

692 

1,077 

1,055 

1,026 

977 

936 

928 

892 

866 

954 

935 

3,477 

3,387 

3,337 

3,284 

3,228 

3,147 

3,047 

2,950 

2,866 

2,813 

4.34 

4.38 

4.85 

5.18 

5.21 

5.47 

5.17 

5.12 

5.35 

5.42 

Section 3: Suppiementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

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0

--., 

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35 
EXHIBIT C - EMPLOYMENT HISTORY 

I. '. ~~:__t ~ Jff[~

2008 2,067,352 2.3% 1,049 -5.3% 1,971 8.1% 

2009 1,720,548 -16.8% 1,014 -3.3% 1,697 -13.9% 

2010 1,546,363 -10.1% 900 -11.2% 1,718 1.2% 

2011 1,373,063 -11.2% 823 -8.6% 1,668 -2.9% 

2012 1,506,274 9.7% 799 -2.9% 1,885 13.0% 

2013 1,446,566 -4.0% 745 -6.8% 1,942 3.0% 

2014 1,410,162 -2.5% 762 2.3% 1,851 -4.7% 

2015 1,438,233 2.0% 746 -2.1% 1,928 4.2% 

2016 1,554,780 8.1% 714 -4.3% 2,178 13.0% 

2017 1,328,491 -14.6% 692 -3.1% 1,920 -11.8% 

- I • -

~~t~~r,r~l~~!!~!t~~:~·-._._-_--._. ::,., -;i•-·.: i::: 

The total hours of contributions are based on total contributions divided by the average contribution rate for the year, which may differ from the hours 

reported to the Fund Office. 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management -X- Segal Consulting Pension Fund 

0 

0 

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36 
EXHIBIT D - PROGRESS OF PENSION ROLLS OVER THE PAST TEN YEARS 

IN PAY STATUS AT YEAR END 

2008 2,827 74.2 $727 147 85 

2009 2,741 74.6 751 156 70 

2010 2,686 74.9 778 144 89 

2011 2,616 74.9 833 177 107 

2012 2,557 75.2 864 141 82 

2013 2,494 75.6 873 114 51 

2014 2,399 76.1 891 139 44 

2015 2,303 76.4 914 160 64 

2016 2,214 76.6 936 143 54 

2017 2,166 76.9 963 103 55 

1 Terminations include pensioners who died or were suspended during the prior plan year. 2 Additions to the pension rolls include new pensions awarded and suspended pensioners who have been reinstated. 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund fr Segal Consulting 37 

C> 

C> 

C> 

C> 

00 
EXHIBIT E -SUMMARY STATEMENT OF INCOME AND EXPENSES ON AN ACTUARIAL BASIS 

:_y;., ~-" ::..:, :: _, ,--:.: _, -:~ _;-M... ?_'1-1:;:"',~~J"~ t Piii11Bfll7E ~~ci\'iar'...EQded.Au st~;)2'0,f6'~·

Contribution income: 

• Employer contributions $8,399,235 $8,443,862 

• Withdrawal liability payments 4,743.832 1,186.042 

Net contribution income $13,143,067 $9,629,904 

Investment income: 

• Expected investment income $11,122.870 $10,758.236 

• Adjustment toward market value 1,649,824 1,537,828 

Net investment income 12, 772, 694 12,296,064 

·+e1t.il.;incorne~a)la.ilal;ileJof.ib,~r:ilifltif/.,->> .<;c';?·'/S:t\'i\f''.if$25;ij15)761°:C $21,925,968 

Less benefit payments and expenses: 

• Pension benefits -$28.153.461 -$27,708,903 

• Administrative expenses -1204147 -1.314.420 

Total benefit payments and expenses -$29,357,608 -$29, 023, 323 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

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- ----------- --

EXHIBIT F - INVESTMENT RETURN-ACTUARIAL VALUE VS. MARKET VALUE 

... ~ I 

r_ ~;.,~ '~: ,': ~ ... I • I ~~:,,.~ni01mt~--,;,,, · •

1998 $22,473,670 8.71% $26,488,651 8.53% 2008 $14,984,096 

1999 32,593,357 12.42% 47,058,801 14.76% 2009 -34,867,728 . - - ----- --· 

2000 81,834,042 29.71% 59,512,080 17.18% 2010 8,037,106 

2001 29,277,005 8.67% -62,881,065 -16.28% 2011 13,604,781 

2002 1,199,191 0.35% -11,203,792 -3.71% 2012 -4,948,828 

2003 15,178,041 4.65% 22,386,314 8.28% 2013 3,153,095 

2004 2,946,148 0.92% 23,032,687 8.45% 2014 18,835,084 

2005 -2,324, 160 -0.76% 26,801,814 9.73% 2015 16,885,950 

2006 15,090,705 5.36% 13,791,691 4.89% 2016 12,772,694 

2007 22,473,083 8.12% 26,072,256 9.44% 2017 12,296,064 

Total $281,493,396 

Note: Each year's yield is weighted by the average asset value in that year. 

1 The investment return for 2000 includes the effect of a change in the method for determining the actuarial value of assets. 

• 

5.39% 

-12.73% 

3.69% 

6.71% 

-2.56% 

1.91% 

12.72% 

11.34% 

8.61% 

8.57% 

·•·li.48% 

· ·3;17% 

,5;74o;. 

-$16,025,521 -5.71% 

-45,016,697 -18."32% 

10,326,551 5.76% 

24,761,516 14.84% 

16,223,983 9.65% 

18,022,130 11.16% 

27,727,402 17.41% 

-3,820,930 -2.26% 

10,745,723 7.28% 

14,376,699 10.21% 

$228,380,293 . 

8.62% 

3;1s% 

4.70% 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

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0 

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39 
EXHIBIT G - ANNUAL FUNDING NOTICE FOR PLAN YEAR BEGINNING 

SEPTEMBER 1, 2017 AND ENDING AUGUST 31, 2018 

Actuarial valuation date September 1, 2017 September 1, 2016 September 1, 2015 

Funded percentage 42.6% 46.7% 50.7% 

Value of assets $147,543,512 $154,640,867 $158,082,714 

Value of liabilities 346,728, 132 331,036,014 312,026,509 

Fair market value of assets as of plan year end Not available 146,959,183 151,975,903 

Critical or Endangered Status 

The Plan was in critical status in the plan year because a funding deficiency exists. 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

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EXHIBIT H - FUNDING STANDARD ACCOUNT 

> BRISA imposes a minimum funding standard that requires the Plan to maintain an FSA. The accumulation of contributions in excess 

ofthe minimum required contributions is called the FSA credit balance. If actual contributions fall short on a cumulative basis, a 

funding deficiency has occurred. For a plan that is in critical status under PPA'06, employers will generally not be penalized if a 

funding deficiency develops, provided the parties fulfill their obligations in accordance with the Rehabilitation Plan developed by the 

Trustees and the negotiated bargaining agreements reflect that Rehabilitation Plan. 

>- The FSA is charged with the normal cost and the amortization ofincreases or decreases in the unfunded actuarial accrued liability due 

to plan amendments, experience gains or losses, and changes in actuarial assumptions and funding methods. The FSA is credited with 

employer contributions and withdrawal liability payments. All items, including the prior credit balance or deficiency, are adjusted with 

interest at the actuarially assumed rate. 

> ·Increases or decreases in the unfunded actuarial accrued liability are amortized over 15 years except that short-term benefits, such as 

13th-checks, are amortized over the scheduled payout period. 

FSA FOR THE YEAR ENDED AUGUST 31, 2017 

1 Prior year funding deficiency $14,037,722 6 Prior year credit balance $0 

2 Normal cost, includin_g administrative expenses 2,413_,752 7 Emploxer contributions 9,629,904 

3 Total amortization charges 38,917,176 8 Total amortization credits 3,657,194 

4 Interest to end of the year 4,152,649 9 Interest to end of the year 605,318 

5 Total charges $59,521,299 1 O Full-funding limitation credit 

11 Total credits 

Q 

$13,892,416 

©'G:fffi 1.iDfJC@s -~ ",:,r,n,i;- •lCoV@G,@'_'1" - C _ 0 ':_· 0'_ :_ • -~-

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management ft Segal Consulting 41 

Pension Fund 

0 

0 

00 

0

.... 
• • 

1 Normal cost, including administrative expenses $2,879,618 

2 Amortization of unfunded actuarial accrued liability 27,443,982 

3 Preliminary maximum deductible contribution: 1 + 2, with interest to the end of the plan year $32,446,252 

4 Full-funding limitation (FFL) 349,376,719 

5 Preliminary maximum deductible contribution, adjusted for FFL: lesser of 3 and 4 32,446,252

. - 6 Current liability for maximum deductible contribution, projected to the end of the plan year 527,645,882 

7 Actuarial value of assets, projected to the end of the plan year 125,504,575 

8 Excess of 140% of current liability over projected assets at end of plan year: [140% of (6)] - (7), not less than zero 613,199,660 

9 End of year minimum required contribution 91,093,017 

~!l!i!fflllBl~1l!ffli~~ 

• 

EXHIBIT I m MAXIMUM DEDUCTIBLE CONTRIBUTION 

> Employers that contribute to defined benefit pension plans are allowed a current deduction for payments to such plans. There are 

various measures of a plan's funded level that are considered in the development of the maximum deductible contribution amount. 

> One ofthe limits is the excess of 140% of"current liability" over assets. "Current liability" is one measure ofthe actuarial present 

value of all benefits earned by the participants as ofthe valuation date. This limit is significantly higher than the current contribution 

level. 

)- Contributions in excess ofthe maximum deductible amount are not prohibited; only the deductibility ofthese contributions is subject 

to challenge and may have to be deferred to a later year. In addition, if contributions are not fully deductible, an excise tax in an 

amount equal to I 0% ofthe non-deductible contributions may be imposed. However, the plan sponsor may elect to exempt the nondeductible amount up to the BRISA full-funding limitation from the excise tax. 

> The Trustees should review the interpretation and applicability of all laws and regulations concerning any issues as to the deductibility 

of contribution amounts with Fund Counsel. 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

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EXHIBIT J - PENSION PROTECTION ACT OF 2006 

PPA'06 Zone Status 

> Based on projections ofthe credit balance in the FSA, the funded percentage, and cash flow sufficiency tests, plans are categorized in · 

one ofthree "zones": critical status, endangered status, or neither. 

> The funded percentage is determined using the actuarial value of assets and the present value of benefits earned to date, based on the 

actuary's best estimate assumptions. 

A plan is classified as being in critical status (the Red Zone) if: 

• The funded percentage is less than 65%, and either there is a projected FSA deficiency within five years or the plan is projected to 

be unable to pay benefits within seven years, or 

• There is a projected FSA deficiency within four years, or 

• There is a projected inability to pay benefits within five years, or 

• The present value of vested benefits for inactive participants exceeds that for actives, contributions are less than the value of the 

current year's benefit accruals plus interest on existing unfunded accrued benefit liabilities, and there is a projected FSA deficiency 

within five years, or 

• As permitted by the Multiemployer Pension Reform Act of 2014, the plan is projected to be in the Red Zone within the next five 

years and the plan sponsor elects to be in critical status. 

A critical status plan is further classified as being in critical and declining status if: 

• The ratio of inactives to actives is at least 2 to 1, and there is an inability to pay benefits projected within 20 years, or 

• The funded percentage is less than 80%, and there is an inability to pay benefits projected within 20 years, or 

• There is an inability to pay benefits projected within 15 years. 

Any amortization extensions are ignored for testing initial entry into the Red Zone. 

The Trustees are required to adopt a formal Rehabilitation Plan, designed to allow the plan to emerge from critical status by the end 

of the rehabilitation period. If they determine that such emergence is not reasonable, the Rehabilitation Plan must be designed to 

emerge as of a later time or to forestall possible insolvency. 

J.rust~es of Red Zone plans have tools, such as the ability to reduce or eliminate early retirement subsidies, to remedy the situation. 

Accelerafed forms of benefit payment (such as Jump sums) are prohibited. However, unless the plan is critical and declining, 

Trustees may not reduce benefits of participants who retired before being notified of the plan's critical status (other than rolling back 

recent benefit increases) or alter core retirement benefits payable at normal retirement age. 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund *Segal Consulting 

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43 
A plan not in critical status (Red Zone) is classified as being in endangered status (the Yellow Zone) if: 

• The funded percentage is less than 80%, or 

• There is a projected FSA deficiency within seven years. 

A plan that has "both of the endangered conditions present is classified as seriously en·dangered. 

Trustees of a plan that was in the Green Zone in the prior year can elect not to enter the Yellow Zone in the current year· (although 

otherwise required to do so) if the plan's current provisions would be sufficient (with no further action) to allow !he plan to emerge 

from the Yellow Zone within 10 years. 

The Trustees are required to adopt a formal Funding Improvement Plan, designed to improve the current funded percentage, and 

avoid a funding deficiency as of the emergence date. 

A plan not in critical status (the Red Zone) nor in endangered status (the Yellow Zone) is classified as being in the Green Zone. 

Early Election Trustees of a Green or Yellow Zone plan that is projected to enter the Red Zone within ~he next five years must elect whether or not 

of Critical to enter the Red Zone for the current year. Status 

Section 3: Supplementary Information as of September 1, 2017 for the Local 807 Labor-Management 

Pension Fund 

*Segal Consulting 

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C> 

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44 
EIN 51-6099111/PN 002 

Section 4: Certificate of Actuarial Valuation 

APRIL 25, 2018 

CERTIFICATE OF ACTUARIAL VALUATION 

This is to certify that Segal Consulting, a Member ofThe Segal Group, Inc. ("Segal") has prepared an actuarial valuation ofthe Local 807 LaborManagement Pension Fund as of September I, 2017 in accordance with generally accepted actuarial principles and practices. It has been prepared 

at the request ofthe Board ofTrustees to assist in administering the Fund and meeting filing requirements offederal gove=ent agencies. This 

valuation report may not otherwise be copied or reproduced in any form without the consent ofthe Board ofTrustees and may only be provided 

to other parties in its entirety. 

The measurements shown in this actuarial valuation may not be applicable for other purposes. Future actuarial measurements may differ 

significantly from the current measurements presented in this report due to such factors as the following: plan experience differing from that 

anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions; increases or decreases expected as 

part ofthe natural operation ofthe methodology used for these measurements (such as the end of an amortization period or additional cost or 

contribution requirements based on the plan's funded status); and changes in plan provisions or applicable law. 

The valuation is based on the assumption that the Plan is qualified as a multiemployer plan for the year and on information supplied by the 

auditor with respect to contributions and assets and reliance on the Plan Administrator with respect to the participant data. Segal Consulting does 

• not audit the data provided. The accuracy and comprehensiveness ofthe data is the responsibility ofthose supplying the data. To the extent we 

can, however, Segal does review the data for reasonableness and consistency. Based on our review ofthe data, we have no reason to doubt the 

substantial accuracy ofthe information on which we have based this report and we have no reason to believe there are facts or circumstances that 

would affect the validity ofthese results. Adjustments for incomplete or apparently inconsistent data were made as described in the attached 

Exhibit 8. 

I am a member of the American Academy ofActuaries and I meet the Qualification Standards of the American Academy ofActuaries to render 

the actuarial opinion herein. To the best ofmy knowledge, the information supplied in this actuarial valuation is complete and accurate, except as 

noted in Exhibit 1. Each prescribed assumption for the determination of Current Liability was applied in accordance with applicable law and 

regulations. In my opinion, each other assumption is reasonable (taking into account the experience ofthe plan and reasonable expectations) and §;~;l~:;,::-"~olTo< my oos, estimare ofnntioip.W ~,m- nndenh, plnn. 

Vice President and Actuary 

Enrolled Actuary No. 17-06166 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 LaborManagement Pension Fund 

*Segal Consulting 

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45 
EIN 51-6099111/PN 002 

EXHIBIT 1 - SUMMARY OF ACTUARIAL VALUATION RESULTS 

The valuation was made with respect to the following data supplied to us by the Plan Administrator: 

Pensioners as of the valuation date (including 639 beneficiaries in pay status and eight pensioners in 

suspended status) 

Participants inactive during year ended August 31, 2017 with vested rights (including 85 participants 

with unknown age) 

Participants active during the year ended August 31, 2017 (including 73 participants with unknown age) 

• Fully vested 524 

2,813 

935 

692 

• Notvested 168 

The actuarial factors as ofthe valuation date are as follows: 

Normal cost, including administrative expenses $2,879,618 

Actuarial present value of projected benefits 362,880,123 

Present value of future normal costs 9,088,715 

Actuarial accrued liability 353,791,408 

• Pensioners and beneficiaries 1 $218,616,602 

• Inactive participants with vested rights 69,040,224 

• Active participants 66,134,582 

Actuarial value of assets ($146,959, 183 at market value as reported by Schultheis & Panettieri LLP.l $147,543,512 

Unfunded actuarial accrued liability 206,247,896 

1 Includes liabilities for 24 former spouses in pay status. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 LaborManagement Pension Fund 

*Segal.Consulting 

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EIN 51-6099111/PN 002 

EXHIBIT 2 ~ ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS 

The actuarial present value of accumulated plan benefits calculated in accordance with F ASB ASC 960 is shown below as of September 1, 

2016 and as of September 1, 2017. In addition, the factors that affected the change between the two dates follow. 

Actuarial present value of vested accumulated plan benefits: 

• Participants currently receiving payments 

• Other vested benefits 

• Total vested benefits 

Actuarial present value of non-vested accumulated plan benefits 

$213,992,714 $218,616,602 

116.768,019 127,587,346 

$330,760,733 $346,203,948 

275,281 524,184 

Benefits accumulated, net experience gain or loss, changes in data 

Benefits paid 

Changes in actuarial assumptions 

Interest 

=·:'';\t-fi'll 

•-""~ . ·= · ~0}1tliU~ffiJJlifilJ 

$5,416,378 

-27,708,903 

14,282,616 

23,702,027 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 LaborManagement Pension Fund -f"~ Segal Consulting 

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0 
EIN 51-6099111/PN 002 

EXHIBIT 3 - CURRENT LIABILITY 

The table below presents the current liability for the Plan Year beginning September 1, 2017. 

~1⁄2fii:it~:~~vtt:~~:-

Retired $289,057,878 participants and beneficiaries receiving payments 

127,410,158 Inactive vested participants 

Active participants 

$1,596,175 • Non-vested benefits 

118,540,332 • Vested benefits 

.· •. _T6tal act!~e· · 

Expected $4,817,172 increase in current liability due to benefits accruing during the plan year 

Expected 29,693,565 release from current liability for the plan year 

Expected 31,193,565 plan disbursements for the plan year, including administrative expenses of $1,500,000 

$158,835,925 Current value of assets2 

Percentage funded for Schedule MB 29.6%

1 The actuarial assumptions used to calculate these values are shown in Exhibit 8. 

2 Includes $11.876.742 in withdrawal liability payments receivable. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 Labor­ .;''I"" Segal Consulting 48 

Management Pension Fund 

0 

0 

00 
EIN 51-6099111/PN 002 

EXH!Brr 4 A iNFORMAT!OIN ON PLAN STATUS AS OF SEPTEMBER 1, 2017 

Plan status (as certified on November 29, 2017, for the 2017 zone certification) 

Scheduled progress (as certified on November 29, 2017, for the 2017 zone certification) 

Actuarial value of assets for FSA 

Accrued liability under unit credit cost method 

Funded percentage for monitoring plan's status 

Year in which insolvency is expected 

Critical 

Yes 

$147,543,512 

346,728,132 

42.6% 

.2029 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 Labor1\/lanagement Pension Fund 

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EIN 51-6099111/PN 002 

EXHIBIT 5 - SCHEDULE OF PROJECTION OF EXPECTED BENEFIT PAYMENTS 

(SCHEDULE MB, LINE 8b(1 )) 

2017 $29,660,601 

2018 29,017,862 

2019 28,540,864 

2020 28,141,176 

2021 27,855,072 

2022 27,565,261 

2023 27,223,633 

2024 26,930,258 

2025 26,688,239 

2026 26,376,318 

1 Assuming as of the valuation date: 

• no additional accruals, 

• experience is in line with valuation assumptions, and 

• no new entrants are covered by the plan. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 Labor­

,~ Segal Consulting 50 

Management Pension Fund 

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Ell\l 51-6099111/PN 002 

EXHIBIT 6 ~ SCHEDULE OF ACTIVE PARTICIPANT DATA 

(SCHEDULE MB, LINE 8b(2)) 

The participant data is for the year ended January 31, 2017. ! 

I. 

Under25 

25-29 10 9 1 

30-34 34 21 6 7 

35-39 43 19 8 13 3 

40-44 68 16 10 17 18 7 

45-49 94 12 15 21 25 15 6 

50-54 134 20 16 27 25 26 11 9 

55-59 115 7 8 22 22 28 14 10 4 

60-64 81 1 6 23 10 16 9 11 4 1 

65-69 35 1 3 4 7 9 6 1 4 

70 & over 5 1 1 1 1 1 

Unknown 73 61 12 

Total 692 168 86 135 110 102 47 31 12 1 

Note: Excludes 66 participants with less than one pension credit. 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Locai 807 LaborManagement Pension Fund 'ft Segal Consulting 51 

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EXHIBIT 7 - FUNDING STANDARD ACCOUNT 

The table below presents the FSA for the Plan Year ending August 31, 2018. 

1 Prior year funding deficiency $45,628,883 6 Prior year credit balance 

2 Normal cost, including administrative expenses 2,879,618 7 Amortization credits 

3 Amortization charges 40,216,249 8 Interest on 6 and 7 

4 Interest ori 1, 2 and 3 6,210,733 9 Full-funding limitation credit 

$0 

3,591,089 

251,376 

Minimum contribution with interest required to avoid a funding deficiency: 5 - 10, not less than zero $91,093,018 

ERISA FFL (accrued liability FFL) $224,391,672 

RPA'94 override (90% current liability FFL) 349,376,719 

FFL credit 0 

Section 4: Certificate of Actuarial Valuation as of September 1, 2017 for the Local 807 Labor­ 52 

Management Pe_nsion Fund 

*Segal Consulting 

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0 '" '.,.~·. 00 . ·- ' .. "' 

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EIN 51-6099111/PN 002 

EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases (Charges) (Schedule MB, Line 9c} 

Plan amendment 

Actuarial loss 

Combined and offset base 

Plan amendment 

Actuarial loss 

Actuarial loss 

Actuarial loss 

Actuarial loss 

Assumption changes 

Actuarial loss 

Assumption changes 

Actuarial loss 

Assumption changes 

09/01/2009 

09/01/2009 

09/01/2009 

09/01/2010 

09/01/2010 

09/01/2011 

09/01/2012 

09/01/2013 

09/01/2014 

09/01/2016 

09/01/2016 

09/01/2017 

09/01/2017 

$529,467 

5,822,349 

24,741,614 

41,383 

784,017 

180,307 

2,392,142 

1,072,777 

718,260 

8,293 

2,268,417 

159,514 

1,497,709 

7 

7 

3.22 

8 

8 

9 

10 

11 

12 

14 

14 

15 

15 

$3,053,191 

33,574,806 

74, 134·,34~ 

264,410 

5,009,309 

1,256,975 

17,977,501 

8,607,512 

6,104,254 

77,601 

21,227,054 

1,554,540 

14,595,873 

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EXHIBIT 7 - FUNDING STANDARD ACCOUNT (CONTINUED) 

Schedule of FSA Bases (Credits) (Schedule MB, line 9h) 

Assumption changes 09/01/2010 $51,752 8 $330,656 

Plan amendment 09/01/2011 2,522,660 9 17,586,215 

Actuarial gain 09/01/2014 428,664 12 3,643,077 

Actuarial gain 09/01/2015 588,013 13 5,258,414 

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EXHIBIT 8 - STATEMENT OIF ACTUARIAL ASSUMPTIONS/METHODS 

(SCHEDULE MB, LINE 6) 

Mortality Rates Healthy: RP-2014 Blue Collar Employee and Annuitant Mortality Tables (adjusted back to 2006) with 

generational Scale MP-2017 from 2006 

Disabled: RP-2014 Disabled Annuitant Mortality Table (adjusted back to 2006) with generational Scale MP-2017 

from 2006 

The above mortality tables reasonably reflects the mortality experience of the Plan as of the measurement date. These 

mortality tables were then adjusted to future years using generational projection under Scale MP-2016 to anticipate 

future mortality improvement. 

The mortality rates were based on historical and current demographic data, adjusted to reflect estimated future 

experience and professional judgment. As part of the analysis, a comparison was made between the actual number of 

and the projected number based on the prior year's assumption over the most recent years. 

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Termination Rates 

20 0.07 0.02 17.99 14.19 0.00 0.00 

25 0.07 0.02 21.74 17.14 12.96 0.00 

30 0.06 0.02 18.61 13.58 8.39 4.84 

35 0.07 0.03 16.78 11.02 7.15 5.02 

40 0.10 0.05 15.91 10.35 6.01 4.15 

45 0.16 0.09 15.48 9.47 5.82 3.73 

50 0.26 0.13 15.60 8.90 5.32 3.49 

55 0.38 0.19 13.52 7.82 2.59 0.88 

60 0.64 0.31 13.63 7.84 2.12 0.20 

1 Mortality rates are shown from the base table and do not reflect any mortality projection. 

2 Withdrawal rates cut out at early retirement age. 

The termination rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior year's assumption over the most recent years. 

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Retirement Rates 

55-61 2% 

62 6 

63 5 

64 11 

65 16 

66 18 

67 11 

68 22 

69 14 

70 100 

• if eligible 

The retirement rates were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the actual number of retirements by 

age and the projected number based on the prior years' assumption over the most recent years. 

Description of Age 66, determined as follows: The weighted average retirement age for each participant is calculated as the sum of 

Weighted Average the product of each potential past or future retirement age times the probability of surviving from entry age to that age 

Retirement Age and then retiring at that age, assuming no other decrements. The overall weighted retirement age is the average of the 

individual retirement ages based on all the active participants included in the September 1, 2017 actuarial valuation. 

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55 24% 63 10% 

56 6 64 3 

57 4 65 53 

58 2 66 29 

59 10 67 13 

60 7 68 5 

61 2 69 13 

62 20 70 100 

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Retirement Rates for 

Inactive Vested 

Participants 

Future Benefit 

Accruals 

Unknown Data for 

Participants 

Definition of Active 

Participants 

Exclusion of Inactive 

Vested Participants 

Percent Married 

Age of Spouse 

The retirement rates for inactive vested participants were based on historical and current demographic data, adjusted to 

reflect estimated future experience and professional judgment. As part of the analysis, a comparison was made 

between the actual number of retirements by age and the projected number based on the prior years' assumption over 

the mo~t recent years. ·· 

Employees are assumed to work 1,850 hours per year. 

The future benefit accruals were based on historical and current demographic data, estimated future experience and 

professional judgment. As part of the analysis, a comparison was made between the assumed and the actual benefit 

accruals over the most recent years. 

Same as those exhibited by participants with similar known characteristics. If not specified, participants are assumed to 

be male. 

Active participants are defined as those with at least 250 hours in the most recent credit year and who have 

accumulated at least one pension credit, excluding those who have retired as of the valuation date. 

None 

50% 

Females three years younger than males. 

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Benefit Election 

Delayed Retirement 

·Net Investment Return 

Annual Administrative 

Expenses 

Actuarial Value of· 

Assets 

Actuarial Cost Method 

Benefits Valued 

Current Liability 

Assumptions 

Estimated Rate of 

Investment Return 

FSA Contribution 

Timing (Schedule MB, 

line 3a) 

EIN 51-6099111/PN 002 

60% of participants assumed to elect the Single Life Annuity, 20% assumed to elect 50% Joint and Survivor Annuity, 

and 20% assumed to elect 75% Joint-and-Survivor Annuity. 

The benefit elections were based on historical and current demographic data, adjusted to reflect the plan design, 

estimated future experience and professional judgment. As part of the analysis, a comparison was made between the 

assumed and the actual option election patterns over the past several years. 

Inactive vested participants who are assumed to commence receipt of benefit~ after attaining normal retirement age 

qualify for delayed retirement increases. 

7.00% · J 

The net investment return assumption is a long-term estimate derived from historical data, current and recent market 

expectations, and professional judgment. As part of the analysis, a building block approach was used that reflects 

inflation expectations and anticipated risk premiums for each of the portfolio's asset classes as provided by Segal 

Marco Consulting, as well as the Plan's target asset allocation. 

$1,500,000, payable monthly, for the year beginning September 1, 2017 (equivalent to $1,446,296 payable at the 

beginning of the year) 

The annual administrative expenses were based on historical and current data, adjusted to reflect estimated future 

experience and professional judgment. ' 

The market value of assets less unrecognized returns in each of the last five years. Unrecognized retuni is i;lqual to the 

difference-between the actual market return and the projected market return, and is recognized over a five-year period. 

The actuarial value is further adjusted, if necessary, to be within 20% of the market value. 

Entry Age Normal Actuarial Cost Method. Entry Age is the age at date of employment or, if date is unknown, current 

age minus pension credits. Normal Cost and Actuarial Accrued Liability are calculated on an individual basis and are 

allocated by service, with Normal Cost determined as if the current benefit accrual rate had always been in effect. 

Unless otherwise indicated, includes all benefits summarized in Exhibit 9. 

Interest: 3.03%, within the permissible range prescribed under IRC Section 431(c)(6)(E) 

Mortality: Mortality prescribed under IRS Regulations 1.431(c)(6)-1 and 1.430(h)(3)-1: RP-2000 tables projected forward 

to the valuation year plus seven years for annuitants and 15 years for nonannuitants 

On actuarial value of assets (Schedule MB, line 6g): 8.48%, for the Plan Year ending August 31, 2017 

On current (market) value of assets (Schedule MB, line 6h): 10. 10%, for the Plan Year ending August 31, 2017 

Unless otherwise noted, contributions are paid periodically throughout the year pursuant to collective bargaining 

agreements. The interest credited in the Funding Standard Account is therefore assumed to be equivalent to a March 

15 contribution date. 

B , 

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Justification for For purposes of determining current liability, the current liability interest rate was changed from 3.11 % to 3.03% due to 

Change in Actuarial a change in the permissible range and recognizing that any rate within the permissible range satisfies the requirements 

Assumptions of IRC Section 413(c)(6)(E) and the mortality tables were changed in accordance with IRS Regulations 1.431(c)(6)-1 

and 1.430(h)(3)-1. (Schedule MB, line 11) 

Based on past experience and future expectations, the following actuarial assumptions were changed: 

> Mortality rates for healthy participants, previously RP-2014 Blue Collar Mortality Tables (adjusted back to 2006) with 

generational projection using Scale MP 2016 from 2006. 

> Mortality rates for disabled participants, previously RP-2014 Disabled Annuitant Mortality Table (adjusted back to 

2006) with generational projection using Scale MP 2016 from 2006. 

> Retirement rates for each participants, previously: 

' =

55-61 2% 

62-63 6 

64 12 

65 15 

66 16 

67 7 

68 16 

69 19 

70 100 

* if eligible 

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Justification for , Retirement rates for inactive vested participants, previously: 

Change in Actuarial 

Assumptions 

.(Schedule MB, line 11) 

(Cont'd)' 

55 28% 63 12% 

56-57 4 64 3 

58 2 65 52 

• 

59 10 66 29 

60 9 67 12 

61 2 68 6 

62 20 69 13 

70 100 

• if eligible 

> Benefit election, previously 60% of participants assumed to elect Single Life Annuity and 40% assumed to elect 

50% Joint-and-Survivor Annuity 

, Annual administrative expenses, previously $1,275,000 per year 

> Net investment return, previously 7.50% 

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IEXHIIBIT 9 - SUMMARY OF PLAN PROVISIONS 

(SCHEDULE MB, LINE 6) 

This exhibit summarizes the major provisions ofthe Plan included in the valuation. It is not intended to be, nor should it-be interpreted as, a 

'complete statement of all plan provisions. 

Plan Year 

Pension Credit Year 

Plan Status 

Regular Pension 

Early Retirement 

_ Vesting 

September 1 through August 31 

FetJruary 1 through January 31 

Ongoing plan 

• Age Requirement: 65 

• Setvice Requirement: 15 pension credits 

Amount: The total accrued benefit is the sum of each year's accrual based on 

1. The highest contribution rate prior to February 1, 2010 for service earned prio( to February 1, 2010. 

2. The highest contribution rate that was made for at least 250 hours during the pension credit year for 

service from February 1, 201 Oto January 31, 2012. 

3. For service on and after February 1, 2012, the accrual rate is lesser ct . 

(a) 1% of product of number of hours for which contributions are due on behalf of the participant in 

credit year based on the contribution rate in effect on September 1, 2011, or • . 

(b) Accrual rate under the Plan as of September 1, 2011. 

The accrual rate effective May 1, 2001 for contribution rates $4.315 or more per hour, $165 for each pension credit less 

than 25 plus $20.49 for each pension credit greater than 25. Lower benefit levels have been established for employees 

at lower contribution levels. 

Delayed Retirement Amount: Regular pension accrued at Normal Retirement Age (NRA), increased by 1.0% for each 

.month greater than NRA, and 1.5% for each month greater than age 70. 

• Age Requirement: 55 

• Setvice Requirement: 15 pension credits 

• Amount: Regular pension accrued, actuarially, reduced from age 65 

• Age Requirement: None 

• Setvice Requirement: Five pension credits or 5 years of vesting service 

• Amount: Regular or early pension accrued based on plan in effect and contribution rate when last active 

• Normal Retirement Age: Later of age 65 or the participant's 5th anniversary of participation. ., 

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Spouse's PreRetirement Death 

Benefit 

Optional Forms of 

Benefits 

Participation 

Pension Credit 

Vesting Credit 

Contribution Rate 

Changes in Plan 

Provisions 

8703328v1/01544.001 

• Age Requirement: None 

• Service Requirement: 5 pension credits or 5 years of vesting service 

• Amount: 50% of the benefit employee would have received had he or she retired the day before he or she died and 

elected the joint and survivor option. If the employee died prior to eligibility for an early retirement pension, the 

spouse's benefit is deferred to the date employee would have first been eligible to retire. 

• Charge for Coverage: None 

50% Joint-and-Survivor 

75% Joint-and-Survivor 

Single Life Annuity 

Earliest of February 1 or August 1 after completion of 1,000 hours during a 12 consecutive month period. 

Under250 

250-499 

500- 749 

750-999 

1,000 and over 

"~{~f:...·~:,, ,,· ~-- ....( 

j;Rensib,n,','?,r.edi};.·, 

0 

114 

1/2 

3/4 

1 

One year of vesting service for at least 1,000 hours. 

Rates as of September 1, 2017 vary from $1.50 to $10.37 per hour, with an average rate of $6.9393. 

None 

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