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Get to know Southern California UFCW Drug Trust Fund

The Southern California UFCW Drug Trust Fund is a Taft-Hartley, collectively bargained employee benefit plan. It is administered by the Southern California UFCW Unions and Food & Drug Employers Benefit Funds office. The fund's mission is to provide comprehensive and cost-effective prescription drug benefits for eligible union members, retirees, and their families, as negotiated between the UFCW unions and contributing employers in the food and drug industries. It operates as a non-profit entity, managing contributions to pay for member benefits and administrative expenses.

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Financial Wealth Management

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Southern California UFCW Drug Trust Fund

United States

Founded in

1957 (69 Years)

Founded

Last online: No recent activity

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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