The West Virginia Laborers' Pension Trust Fund is a self insured qualified Taft-Hartley Defined Benefit plan that receives direct employer fringe contributions required under local collectively bargained agreements with the Laborers' District Council of West Virginia and each of its affiliated local unions.
The administrative responsibilities for the plan are the duty of the Fund Administrator as directed by the Board of Trustees comprised of an equal number of fourteen employer-union trustees who are fiduciaries under the plan in accordance with the employee Retirement Income Security Act of 1974 (ERISA) and other applicable laws.
Currently, the Fund administers pension and health care benefits to approximately 4000 laborer participants and their respective families.
The Board of Trustees is constantly seeking to improve both the pension and health and welfare plans to best serve the needs of participating laborers. The Fund and its financial condition is closely monitored and evaluated throughout the year and the Trustees often direct the Funds professional actuaries to study the feasibility of various improvements whenever possible.
The Trust Fund staff is totally committed to serving the participants while addressing their individual needs in a prompt and courteous profession manner and welcomes your comments and/or questions.
Steven L. Smith, Administrator
WV Laborers' Pension & Trust
One Union Square., Suite Four
Charleston, WV 25302
Or in West Virginia toll free at (800) 245-5145