Carpenters Trusts of Western Washington Update

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

Did You Know?

UBC started on job sites across the country.

Our founding president, Peter J. McGuire worked tirelessly on the job sites across the country with his fellow Carpenters to organize the union. In 1881, he organized a Chicago convention to form a union. Representatives from 11 cities joined him and they produced a constitution and structure. Learn More


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