Mitzner v. Jarcho

OPINION OF THE COURT

Jasen, J.

In 1950 the Association of Contracting Plumbers of the City of New York and Local Union No. 2 of the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada (union) entered into a collective bargaining agreement. The agreement established the Joint Plumbing Industry Board which was to administer a Pension and Welfare Fund (fund) in accordance with applicable Federal law,1 the revenues of which were to be derived from employer contributions.

*43The fund was formally created in 1952 by an agreement and…