Retirees and New York City District Council of Carpenters Welfare Fund Reach Settlement

On May 23, 2012, a group of retirees, by and through their attorney, The Law Office of Harvey S. Mars LLC, filed a lawsuit against the New York City District Council of Carpenters Welfare Fund, which they allege among other things, that the retiree class will be required to pay substantial monthly and other co-payments for what were previously free benefits and their participation in the plan will be terminated unless such premiums are paid.

On July 17, 2014 without mention of the lawsuit, the Board of Trustees, the NYCDCC Welfare Fund announce that a plan has been approved for the restoration of dental coverage, as well as a fifty percent reduction in retiree premiums.

Below is a letter dated July 18, 2014, from the attorneys representing the Welfare Fund to Judge Paul Oetken stating that the parties have reached a settlement of this matter in its entirety.

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