Dear Participants, Local Leaders and Employers,
As 2010 begins, the news for the Fund is mixed. On the plus side, investment performance has been very good.
Preliminary numbers show that the Fund’s 2009 investment performance was 25%. On the minus side, work is down significantly and so is contribution
income. The Fund’s Rehabilitation Plan is now fully implemented. The Rehab Plan is continuously monitored and will be adjusted as necessary to
protect your retirement benefits. Remember that if you have questions or comments, feel free to e-mail the Trustees at bot@smwnpf.org
Best wishes for a safe and productive 2010.
Fraternally Yours,
Michael J. Sullivan
Chairman, Board of Trustees
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To view the Annual Funding Notice for Plan Year 2008, click here.
To view the Fund's September 30, 2009 Unaudited Financial Statement, click here.
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