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In late 1984, McCarron was named a trustee of the Southern California Pension Fund, the carpenters' union retirement fund. In late 1985 and early 1986, McCarron discovered that $130 million in loans to construction companies were delinquent but no action had been taken by the other trustees.
In 1948, he was elected business manager of Local 721 in Los Angeles, and in 1957 secretary-treasurer of the Los Angeles District Council of Carpenters. He served as a trustee for the Carpenters Health and Welfare Fund for Southern California, and as a pension trustee for the Carpenters Pension Trust for Southern California.
Organize or Die: Smash Boss Unionism - Build Union Power. Self-published, 1970. Johnson, Clyde. Millmen 550—A History of the Militant Years (1961–1966) of Local 550, United Brotherhood of Carpenters. Self-published, 1990. Kazin, Michael. Barons of Labor: The San Francisco Building Trades and Union Power in the Progressive Era.
The infusion will raise the pension fund's status to more than 60% funded, up from 34.3% funded as of 2022, according to Tom Lutz, president of the Michigan Regional Council of Carpenters and ...
For years, the California Legislature was divided over what labor standards for workers to include in new housing legislation. That changed with support from the California Conference of Carpenters.
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This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The Sheet Metal Workers' International Association (SMWIA) was a trade union of skilled metal workers who perform architectural sheet metal work, fabricate and install heating and air conditioning work, shipbuilding, appliance construction, heater and boiler construction, precision and specialty parts manufacture, and a variety of other jobs involving sheet metal.