Local Union 170 Pension Plan Trustees Sample Clauses

Local Union 170 Pension Plan Trustees. Trustees of the Local Union 170 Pension Plan shall be seven (7) in number comprising of four
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Local Union 170 Pension Plan Trustees. Trustees of the Local Union 170 Pension Plan shall be seven (7) in number, comprising four (4) Union nominees and three (3) Mechanical Industrial Relations Association nominees and the Chairperson shall be a Local Union 170 nominee. A quorum shall consist of five (5) members. The Chairperson presiding at such meetings shall have the second or casting vote in the event of a tie. The complete policies, management and control of this Plan will be controlled by this Board of Trustees. Prior to major changes in policy by the Pension Plan Trustees, the Trustees shall inform the Parties to the Trust document at least thirty (30) days prior to the contemplated changes. This fund will be used for the purpose of, and in accordance with, the Trust Agreement dated April 1, 1964 between Mechanical Industrial Relations Association and Local Union 170.

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