I have just come up on a statement that I found intriguing, to say the least. This was printed in an article by Richard S. Johnson on June 28th addressing the claim by another author that the Department of Labor put their trustees in place. He stated that the CSPF trustees were not selected by the DOL – they have always been elected by the process specified in the CSPF Trust Agreement.
http://www.argusleader.com/story/op...anding-meaning-government-oversight/86472146/
So I looked up the CSPF Trust Agreement and sure enough, it says that the the Employee Trustee shall be appointed, on behalf and as representative of the Union, by the Central Trustee Appointment Board and the Southern Trustee Appointment Board, each as appointing authority, for terms of office hereinafter specified in this Section 2 of Article II of this Agreement.
Then the Trustees shall appoint an Executive Director, who shall, subject to the directions of the Trustees with respect thereto, be responsible to the Trustees and/or any committee thereof for coordinating the administration of the Fund's assets, office and personnel, for the coordination and administration of accounting and actuarial services, for the preparation of all reports and other documents required to be filed or issued in accordance with law, for the performance of ministerial duties in conformance therewith, and for such other duties duly assigned to him by action of the Trustees. The Executive Director shall be the custodian of the documents and other records of the Fund. To the extent this subsection is contrary to or inconsistent with a Named Fiduciary Agreement, in its description of authority and responsibilities of the Executive Director, this subsection shall be inapplicable.
https://mycentralstatespension.org/media/8481/pl_trust_agreement-pen.pdf
Here are the current members of the Central Trustee Selection Board and the Southern Trustee Selection Board.
CURRENT MEMBERS OF THE CENTRAL TRUSTEE SELECTION BOARD
(January 1, 2015 to December 31, 2018 term)
CTSB INDIVIDUAL STATE LOCAL UNION
Jesse Castillo Kansas 795 (Wichita)
Daniel W. Avelyn Nebraska 554 (Omaha)
Wayne Perleberg Minnesota 160 (Rochester)
James Kabell Missouri 245 (Springfield)
John T . Coli Illinois 727 (Chicago)
Thomas J . Bennett Wisconsin 200 (Milwaukee)
Robert R . Warnock III Indiana 364 (South Bend)
Greg Nowak Michigan 1038 (Detroit)
Patrick Darrow Ohio 348 (Akron)
Fred Zuckerman Kentucky 89 (Louisville)
Gary Dunham Iowa 238 (Cedar Rapids)
CURRENT MEMBERS OF SOUTHERN TRUSTEE SELECTION BOARD
(January 1, 2015 to December 31, 2018 term)
STSB INDIVIDUAL STATE LOCAL UNION
Kelly Swon Oklahoma 516 (Muskogee)
Brent Taylor Texas 745 (Dallas)
David Negrotto Louisiana 270 (New Orleans)
Timothy Nichols Arkansas 878 (Little Rock)
Ledon Grisham Tennessee 480 (Nashville)
W. C. (Willie) Smith Mississippi 891 (Jackson)
Donnie West Alabama 612 (Birmingham)
Kenneth Wood Florida 79 (Tampa)
Randal l Brown Georgia 728 (Atlanta)
http://www.cspensionrescue.com/wp-content/uploads/2015/05/4th Quarter ISC.pdf
If this is the case, I have been misinformed and inaccurate when it came to my statements of Nyhan's appointment because I was under the impression that Nyhan was appointed by either the Wall Street bankers or the government. I was also surprised to see that Fred Zuckerman was a member of the Central Trustee Selection Board. So now my question is just who appoints the Central Trustee Selection Board and the Southern Trustee Selection Board because I know think that the IBT had a bigger role in this catastrophe than I thought? I do know one thing, we can't rely on anything that these news articles, Wall Street Bankers, Nyhan or the IBT representatives have to say. I also feel that the members have the right to know the whole truth about this process, not opinions based on lies, misconceptions and half-truths which the members have been receiving nothing but. I have always believed that the Executive Director and the trustees should be elected and not appointed and always will. The members should have some voice in those appointments and removals.