IVP Parker Re-elected as Labor Trustee of NRRIT

parker_tcu.jpgTCU International Vice President Joel Parker has been unanimously re-elected as Labor Trustee to the National Railroad Retirement Investment Trust for another three-year term starting January 1, 2008.  The vote was taken by unions of the Cooperating Railway Labor Organizations group attending an October 30 meeting.  The NRRIT manages Railroad Retirement assets and invests them in a diversified portfolio to achieve maximum profits while maintaining the system’s security.  Since its creation as part of the 2001 landmark railroad retirement improvements legislation, the NRRIT has had excellent returns on its investments.