Important Information


When you retire, die or leave the Plan, you or your beneficiary can receive a lump sum payment instead of a pension if…

If your pension is less than $25.00 per month, the Plan will automatically pay the benefit as a lump sum equal to the commuted value of the pension.


Every year, you will receive an Annual Statement…

…summarizing the benefits you have earned, along with important information about self-payments. Be sure to read it carefully as soon as you receive it, because you may have some important decisions to make and deadlines to meet. Please carefully check that your worked hours are right, and advise the Plan Office if they are not.


If you work for an employer under a different pension plan…

…you may be able to transfer your hours worked to the Carpentry Workers’ Pension Plan, or transfer your Carpenters’ hours to the other plan. Check with the Plan Office to see if we have a reciprocal agreement with the other pension plan. Reciprocal agreements allow for the transfer of hours for up to one year.