Actually if the IAMPF loses its IAM LUS Members it doesn’t lose anything at all since those Members would be frozen on payouts for the time they had in only, and the funds administrators would make the actuarial changes to reflect that in the next years funding level report.
The simplicity is that you guys just want at least a fair value in exchange for any 401k contribution and or match if it’s to be considered. Which is completely understandable.
Racer please understand that we have a lot of people unfortunately on the TWU side who see the Boogeyman under every bed and in every closet.