If you have any questions, please contact the Fund Office. Health & Welfare Funds. IRON WORKERS LOCALS 40,361 AND 417 PENSION FUND To: All Participants, Beneficiaries, Participating Unions and Contributing Employers . .manual-search ul.usa-list li {max-width:100%;} Since 1982, the union and its employers have provided supplemental retirement benefits to covered employees. 820 or (202) 383-4820 The following is a list of reasons you may qualify for a loan: There are certain requirements to be eligible for a loan: You must have had an Individual Account in the Fund for at least 18 months; You must complete an application form and provide all necessary documentation; You must have your spouses written consent, if married; You may not have another outstanding loan (except in the case of educational loans); Only one loan is permitted during any 36-consecutive month period (except in the case of educational loans); You must not have defaulted on any prior loans; Contact the Fund Office for more information, eligibility, and a loan application. CLICK Member Benefits | Ironworkers Local 580 Read Notification . To obtain investment information, contact the Fund Officeor John Hancock at 833-388-6466. Ironworkers District Council of New England. Official websites use .gov Show entries. 3(e) Pension Supplemental Explanatory Participants include teachers, school administrators, professors, government employees, nurses, doctors, and librarians, and investments are in annuity contract(s), This is a 403(b)(7) plan for certain employees of public schools and tax-exempt organizations. our .dol-alert-status-error .alert-status-container {display:inline;font-size:1.4em;color:#e31c3d;} By using a QDRO to award funds from this type of plan, early withdrawal penalties are avoided, and the Alternate Payee will be held responsible for the taxes on any distribution he/she receives from the Plan. In other words, this Plan uses a default investment account for participants who fail to direct assets in their account. Organize your workplace. Washington, DC 20006 402 Pension Plan and the U.S. Department of Treasury that the Plan remains in Critical Status for . Iron Workers DC of New England Annuity Fund No matter what your plans are for retirement, you will want to be financially protected. Pension - IRONWORKERS court, Cover letters for: Pre-approval, Submission to the Judge, and Qualification, This is a 403(b)(1) plan for certain employees of public schools and tax-exempt organizations. Why it Works An official website of the United States government. Washington, D.C., 20006 We hope you will find this information helpful to you and your beneficiaries. 200 Constitution AveNW The site is secure. Civil Action No. Website design and development by Matrix Group International, Inc. Smithsonian National Museum of African American History and Culture, COVID-19: Unemployment/Child care resources, IW Rigging and Signal Person Certification, Guide for Training Limited English Proficient Students, Annual Ironworker Instructor Training Program, Certified Local Union Apprenticeship Programs, Ironworker Safety Director Training Course, Ironworkers On The Safe Side Safety Bulletins, Regulatory Assistance Federal and State Programs, Post-Tensioning and Reinforcing Steel OSHA Regulations, Safety Trained Supervisor Construction Certification, Political Coordinator Contact Information Form, Local Unions Signatory to the Iron Workers International Reciprocal Agreements. Today the U.S. Department of Labor settled its lawsuit with trustees of the annuity fund of Iron Workers Local 401 who agreed to repay a total of $456,665 to the fund. National Shopmen's Pension Fund BENEFITS MANAGEMENT GROUP - BMGI 1520 Kensington Road, Suite 200 Oak Brook, IL 60523 (630) 472-0626 Unions are vital for civic engagement, and joining one will allow you to become a community leader. Your investment options include conservative, moderate, and aggressive investments for you to elect based on your tolerance for investment risk, your age, your plans for retirement and how long you plan to continue working. /*-->*/. The Iron Workers Local Union 16 Pension Fund ("IW Local 16") application proposing benefit suspensions can be found below. An Alternate Payee can be awarded a portion of the Employee's account pursuant to a QDRO. Pottawattamie County Housing Trust Fund | Council Bluffs, IA | Cause IQ This is a plan that provides for total or partial participant-directed account(s). At the end of each calendar quarter, you will receive a benefit statement that provides you with the following information: In certain circumstances, you may be able to take out a loan from your account to help pay for expenses such as buying a home or paying for college education. Important: Please refer to the Iron Workers District Council of New England Summary Plan Description for more detail on the Annuity Fund. Angela Dougherty - Annuity Fund Administrator - Ironworkers Local Union p.usa-alert__text {margin-bottom:0!important;} South Boston, MA 02127. endstream endobj 25 0 obj <>stream The Tax Sheltered Annuity Plan of The Methodist Hospital A .gov website belongs to an official government organization in the United States. 3(c)Annuity Agreement Iron Workers Locals 40, 361 & 417 Annuity Fund Remarks by Assistant Secretary Elizabeth Rosenberg for Terrorist Financing and Financial Crimes at the Association of Women in International Trade. (Secretary of Labor v. Joseph Dougherty, et al _d.b'LODd|Wb2HI0z$ xi$s_"(if~{M`V fJ{ /#6i zUmnc3"i@J/BcXAm8&]HtMi UjkJ>iv\[{o Ultimately, the lawsuit charges that trustees failed: According to the lawsuit, trustees were not actively involved in running the fund, leaving that responsibility to Dougherty, who is secretary-treasurer and a full-time employee of the union, as well as plan administrator of the fund. Javascript recommended: FEC.gov uses Javascript to provide the best possible user experience. i~ lccJa_p{mL'e4dr1ixv bP1 &N / w In addition, there are supplemental question and answer material that has been prepared to supplement the agreements and administrative documents. Here you will find information regarding the Annuity Fund along with links to web sites with other helpfulinformation. The moment unionization comes up at work, theres likely somebody with management who tries to tell you that unions are bad. hQ The goal of the Annuity Plan is to provide you with retirement income, so the Trustees have selected a range of investment options to help you reach this goal. Iron Workers Tri-State Welfare Fund (NOT FOR CONTRACTOR CONTRIBUTIONS) 953 American Lane Suite 100 Schamburg, IL 60173 Phone: 844-395-4467 Between 8:00 am and 4:30 pm www.tristatewelfarefund.com Trustees: Labor: Mark Richeson Trustees: Management: David Anspaugh RECIPROCAL AGREEMENT .h1 {font-family:'Merriweather';font-weight:700;} Every union contract is different, from local to local and company to company, but if you join the union, you can typically expect: Want to fight back against the forces that have made middle class living harder and harder? Ironworkers District Council of Western New York and Vicinity The official Plan Documents and Fund Trust Mailing address: 11600 NORCOM ROAD PHILADELPHIA, PA 19154. This tab shows spending that this committee has made in support of or opposition to a candidate. When you begin participating in the Annuity Plan, you will receive information from John Hancock about the various investment options that are available to you. Plan Lookup (100,000+) %%EOF Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401(a), Savings Plans and 401(k). Fax-617-268-1394. endstream endobj 1189 0 obj <>stream A copy of your 1095 B will be mailed to you within thirty days of your request. The information in this news release will be made available in alternate format upon request (large print, Braille, audio tape or disc) from the Central Office for Assistive Services and Technology. Regular contributions are then made by the Employer, the Participant, or both. PH: 202 383-4800 div#block-eoguidanceviewheader .dol-alerts p {padding: 0;margin: 0;} They allegedly paid a salary to the plan's administrator, who already was a full-time employee of the union, and imprudently administered a participant loan program. 1095 B Tax Documents: A copy of your 1095 B tax document is available upon request. [CDATA[/* >