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| MCAA National Update for August 27, 2012 |
MCAA RELEASES FIRST-EVER COMPREHENSIVE INVENTORY OF CONSTRUCTION INDUSTRY MULTIEMPLOYER PENSION PLANS
MCAA, in conjunction with Horizon Actuarial Services, LLC, has just released a first-of-its-kind comprehensive inventory and analysis of construction industry multiemployer pension plans. The report summarizes and analyzes key trends in plan demographics, cash flows, investments, funding, costs, and expenses from 2001-2010. The result is a valuable tool that will assist the union sector of the construction industry in better understanding how multiemployer pension plans have evolved, and where they may be headed, to aid them in ensuring the plans' futures. MCAA President Mac Lynch said, "Right now, securing a stable future for the multiemployer defined benefit pension plans our workforce relies upon may well be the most critical issue facing us. As a result of market volatility brought on by economic conditions and structural issues brought about by an aging workforce and lower levels of construction activity, some multiemployer plans don't appear to be sustainable going forward. As a matter of national policy this issue needs to be addressed in a way that protects workers that benefit from the plans and maintains the competitive position of our contractors, and consequently our ability to continue to contribute to these plans for the benefit of our workforce." The publication also includes an appendix listing all the construction industry plans included in the inventory, which should assist contractors and their accountants in obtaining the information they need to comply with FASB rules. Access the report at www.mcaa.org. Printed copies will be available in a few weeks; please contact Adrienne Breedlove (abreedlove@mcaa.org) for your copy. |
2012 MCERF SCHOLARSHIP FUNDS, CHAPTER GRANTS, STUDENT INTERNSHIP GRANTS SENT MCAA student chapters and contractor members who were awarded grants funded by the Mechanical Contracting Education & Research Foundation (MCERF) will receive their checks this week. Ten student chapters that were awarded 2012 Chapter of Excellence Grants will, for the first time, each receive two checks--one for $5,000 which is to be used for scholarships for worthy students and one for $2,500 which is to be used for chapter activities and operations. Four MCAA student chapters will each receive a $3,000 Emerging Chapter Grant which is to be used for chapter development initiatives. Forty-eight MCAA contractor members who hired student interns to work in their offices and/or on projects this year will each receive a $1,200 Student Internship Grant. The grant will help offset the intern's salary, but more important help make possible valuable work experience for the students. This will enhance their interest in pursuing a career with our industry and their qualifications for a full time position when they graduate. Find out how you may support the education of our industry's future professionals by designating up to 50% of your MCERF donation at www.mcerf.org or contact Dennis Langley (dlangley@mcaa.org). |
LEARN HOW TO "FASCINATE" AT MSCA LIVE 2012 MSCA's Annual Educational Conference (October 14-17, Carlsbad, CA) will end with a bang when Sally Hogshead, Marketing Mistress of Fascination, dazzles attendees with her presentation on how everyone can learn to be fascinating. She'll explain her exclusive Fascination Advantage™ system, based on research of 100,000 participants that has been published worldwide. This is your opportunity to discover how you can fascinate your customers and co-workers using your personality's hardwired advantages. All attendees will receive a complimentary pass to assess their own Fascination Advantage and review their personal results at the conference. Be sure to attend this fascinating session and all the transformational events at MSCA LIVE 2012. Time to register is running out, so sign up today at www.msca.org/msca2012. |
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RABE ENVIRONMENTAL SYSTEMS ACHIEVES ONE MILLION MAN-HOURS WITHOUT A LOST-TIME ACCIDENT OR INJURY
The Erie, PA contractor announced last week that it recently achieved one million man-hours worked with no lost time due to an accident or injury. Rabe Environmental Systems, Inc. employs over 100 workers "who worked together as a team to achieve this outstanding goal," according to Rabe Safety Director Carrie Gardner. Congratulations to Rabe for meeting this very impressive benchmark. |
NOMINATE YOUR MANAGEMENT INNOVATION FOR THE 2012 E. ROBERT KENT AWARD
The deadline is fast approaching (October 5) for nominations for the 2012 E. Robert Kent Award for Management Innovation. As one of MCAA's most distinguished and coveted honors, the E. Robert Kent Award recognizes ideas and innovations that helped the winning company overcome a management challenge in the office, on the project site or in resolving issues with customers or personnel. The winner, which will be announced at MCAA 2013 in San Antonio, TX, will receive accolades and valuable publicity in MCAA and national publications. Most important, the winning company will be known for making available to the industry an innovation that will help companies overcome a troublesome management challenge and, in turn, enable the industry to advance. Check out our new brochure for more information about the award and the nomination process at http://www.mcaa.org/awards/erobertkent or contact Ann Mattheis (amattheis@mcaa.org). |
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