Reading Room Document

Legality of a Certain Proposed Composition of a Multiemployer Pension Fund Board of Trustees

The document discusses the legality of a proposed composition of a multiemployer pension fund board of trustees, specifically whether a board composed of an equal number of labor and management trustees, but with a majority of neutral trustees chosen jointly by the union and employer representatives, would comply with the Labor Management Relations Act. The conclusion reached in the document is that the proposed board of trustees would comply with the requirements set forth in Section 302(c)(5) of the Act. The questions presented for review include whether the proposed composition of the board would contravene any specified requirements, and whether the statute allows neutral parties to be in control of the fund at all times or only in instances where the employers and employees deadlock.

January 27, 1977