This is the first I've heard of VARP...but
If ALPA where to be the administrator I don't think that implies they "own" our retirement. In fact when I read the link provided it implied that the retiree takes the risk of variable returns based on the market.
ALPA screwed up the dues collection?... I thought it was the company that takes the dues out of our checks and gets the money to ALPA.
Still waiting on your 5% retro pay?... again I think that was the company screwing us on the 757/767 passover pay... once that grievance is finalized the checks can be cut.
But these could just be alternate facts.