On Tuesday, February 16, 2021 the Carpenters Trusts of Western Washington updated members on Allianz Global Investors’ breaching its duties to the Carpenters Trusts of WWA, which houses retirement and health benefits for its members.
Linked here is a letter to impacted members from Northwest Carpenters Union EST Shapiro.
Linked here is the letter from the Trust Board of Directors and one page overview of the situation sent to all members.
You can find detailed information on the situation, the lawsuit, and the action taken by the Trust in this FAQ.
If you need additional information, including about your personal retirement accounts, please contact the Trust Retirement Services team at: (206) 441-6514 or (800) 552-0635 from 8:00 a.m. to 5:00 p.m. PST, Monday through Friday; or email email@example.com.