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Causes: Mutual & Membership Benefit
Mission: The fund is maintained to provide for payment of delinquent contributions due the constituent multi-employer taft-hartley fund from an employer subject to the collective bargaining agreement in respect to a carpenter employee whose eligibility for or level of benefits has been impaired by the fact that the amount is uncollectible from the employer.
Programs: The guaranty fund holds employer security deposits and reimburses qualified multi-employer taft-hartley constituent funds for uncollectible delinquent employer contributions, per the collective bargaining agreement.