Information on Funds and Fund Trustees |
Fund Trustees
As a result of the contract negotiations between the League and 1199 SEIU, many funds have been created in order to provide and administer benefits under the League's and other contracts negotiated by 1199. These include the National Benefit Fund for Health and Human Service Employees and the 1199 Health Care Employees Pension Fund, among several others.
The League, by exercising the voting strength of its members, designates a majority of management trustees to these funds. Most designations are from among the Human Resource/Labor Relations/Personnel Directors at League member institutions. 1199 appoints the Union Trustees to the funds, and are not listed herein.
The Fund Trustees are charged with the overall authority and responsibility for the establishment and operation of the Funds. As such, their status and decisions are governed by the fiduciary and other requirements set forth by ERISA.
For more information about the operations and financial management of these Funds, click on the link at the end of this paragraph. The list of current Funds follows below, and you may choose a Fund to view its respective Trustees:
Family of Funds PDF |
| 1199 Child Care Fund |  |
| 1199 Health Care Employees Pension Fund | |
| 1199 Hospital League Health Care Industry Job Security Fund | |
| 1199 Hospital League Planning and Placement Fund | |
| 1199 National Benefit Fund For Health and Human Service Employees | |
| League/1199 Training and Upgrading Fund | |
| RN Training and Job Security Fund | |
| RN Training and Upgrading Fund | |
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