In Re: Production Workers Pension Fund

Filing 20

ORDER NOW THEREFORE, IT IS ORDERED: (1)The union-side trustee of the Fund is to approve any compensation to the employer-side trustee of the Fund; (2)The employer-side trustee of the Fund is to approve any compensation to the union-side trustee o f the Fund; and (3)The Fund will create, maintain, and pay for a publicly available website in which an accounting of their compensation and invoices (redacted, if needed, to protect privileged information) will be posted. (Signed by Judge Jennifer L. Rochon on 11/22/2024) (jca)

IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF NEW YORK
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In re Production Workers Pension Fund
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Civil Action No. 1:24-cv-05570-JLR

ORDER
WHEREAS this Court appointed Judith Broach and James Estabrook as Trustees to the
Production Workers Pension Fund on August 20, 2024 (Docket No. 13);
WHEREAS this Court’s Order permitted the Fund to pay the trustees reasonable
compensation for their services to the Fund;
WHEREAS the newly appointed trustees seek transparency in their compensation and
oversight into what is “reasonable compensation” under this Court’s Order;
NOW THEREFORE, IT IS ORDERED:
(1) The union-side trustee of the Fund is to approve any compensation to the employer-side
trustee of the Fund;
(2) The employer-side trustee of the Fund is to approve any compensation to the union-side
trustee of the Fund; and
(3) The Fund will create, maintain, and pay for a publicly available website in which an
accounting of their compensation and invoices (redacted, if needed, to protect privileged
information) will be posted.
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The Honorable Jennifer L. Rochon, U.S.D.J.

Dated: November __22___, 2024