endstream endobj 1188 0 obj <>stream THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL. You should share the handbook with your spouse or beneficiary because it contains important information about benefits that are payable to your survivor. A lock ( LockA locked padlock ) or https:// means you've safely connected to the .gov website. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. District Council President. gov August I l, 2021 Regulatory Affairs Division Office of the General Counsel Pension Benefit ol{list-style-type: decimal;} Archived News Release Caution: Information may be out of date. 402 PENSION FUND Fund Office: Zenith American Solutions, Administrator, 3 Gateway Center, 401 Liberty Ave., Ste. Shop Local 509 of Bridge, Structural, Ornamental and Reinforcing Iron Workers. About Us os/P`a`aXn0LH-_p9H-9>cxp2 inw@b{Qp A8lG Religious Political advocacy Provides grants Lobbying State / local level Tax deductible donations No full-time employees. Plan Features & Documents. Iron Workers DC of New England Annuity Fund No matter what your plans are for retirement, you will want to be financially protected. 1095 B Tax Documents: A copy of your 1095 B tax document is available upon request. Secure .gov websites use HTTPS 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. The information will also provide fund administrators and participants with reciprocal language, interpretations and administrative practicesfor those funds participating in the Iron Worker Reciprocal Agreements. The moment unionization comes up at work, theres likely somebody with management who tries to tell you that unions are bad. How it Works 3(d)Pension Explanatory the Iron Workers Local 17 Pension Plan document (Pension Plan or Plan). Plan Lookup (100,000+) South Boston, MA 02127. 3(a)Pension Agreement If you decide not to participate in self-directed investing, your individual account will be invested in a default investment option that the Trustees have selected for that purpose. You may be eligible to receive a distribution of your own rollover contributions (if any), and the investment earnings on such amounts under the same circumstances for which you would be permitted to take a loan from the Plan. This booklet describes the administrative procedures for determining whether a point-of-claim (All Part A signatories) transfer to a home fund should occur. Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401(a), Savings Plans and 401(k). Committee name: IRONWORKERS LOCAL 401 POLITICAL ACTION FUND. Variations in spelling or abbreviation can produce multiple totals for the same category. Who We Are Fund Office Staff Union Trustees The Administrator of these Funds can be reached at the following address: Local 580 Fund Office. Your Feedback. 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. cc: US Department of Labor Mid-Jersey Trucking Industry and Local 701 Pension Fund. To assess late fees or additional interest. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. This booklet describes the administrative procedures for developing a pro-rata pension calculation (All Part A signatories). Phone: 617-265-3757 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. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. The listing also shows local unions whose charters has been revoked and where funds were merged or terminated. p.usa-alert__text {margin-bottom:0!important;} IRON WORKERS LOCAL 401 ANNUITY FUND is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. (215) 462-7300 Facebook profile Twitter profile. .manual-search-block #edit-actions--2 {order:2;} 265 Pension Plan. 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. .paragraph--type--html-table .ts-cell-content {max-width: 100%;} Ironworkers Local Union 405, representing union ironworkers throughout Philadelphia and the surrounding counties. 47 0 obj <>stream QDRO.COM, Unlimited revisions until the QDRO is accepted by the Plan Administrator and Third-Party Administrator Group Administrators, Ltd. Read Official websites use .gov PH: 202 383-4800 Organize your workplace. This is a plan that provides for total or partial participant-directed account(s). 13801 Riverport Drive, Suite 401 Maryland Heights, MO 63043 314-656-1091 or 877-597-8704 phone 314-338-3212 fax Fund Administrator Ms. Joyce Larson BeneSys, Inc. . court, Step by step instructions for how to file the QDRO with the plan and the Local 807 Labor Management Pension Fund (Second Application) Local 807 Labor-Management. 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. Insurance and retirement plans have disappeared. Regular contributions are then made by the Employer, the Participant, or both. .table thead th {background-color:#f1f1f1;color:#222;} i~ lccJa_p{mL'e4dr1ixv bP1 &N / w 1184 0 obj <> endobj 0 5s Within this website, you will now have access 24 hours a day, 7 days a week to commonly requested forms, useful highlighted links, and frequently asked questions regarding your benefit information. #block-googletagmanagerfooter .field { padding-bottom:0 !important; } 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. Before sharing sensitive information, make sure youre on a federal government site. Local 401 of the International Association of Bridge, Structural and Ornamental Iron Workers represents employees working for various employers who are members of the Steel Erectors Association of Philadelphia. Find company research, competitor information, contact details & financial data for Ironworkers Local 399 (annuity Fund) of Westville, NJ. The consent judgment, entered in the federal district court in Philadelphia, is a result of an investigation by the Philadelphia Regional Office of the department's Pension and Welfare Benefits Administration, which oversees federal pension law. Washington, DC 20006 Thereciprocal local union listing is broken down by local unions or that have collective bargaining agreements requiring contributions to these benefit funds. Most importantly, the listing by local union of funds also gives you the name, the administrators name, address and telephone number of the various fund offices. Ironworkers Local Union 405, representing union ironworkers throughout Philadelphia and the surrounding counties. p(SO3Nb7W/gQhyQgSqaa%f1=U2^'w7!(~ruk)6|6x1'UpB"PDb'VGYu] \*Rc~zh!6nmn;4 )EJSv1XS)^o New York, N.Y. 10036. Types of QDROs The Pension Fund is maintained under the Trust Agreement. bX V-E@U-Ze`$@g Il " M;;mbL|76HE#WBjRkd}y!T}+Npuh_UqUO:@n/F(v5@M TiU\RrwGT%$x8~=XF`s`Lj[)o^Mh(ey]r.e.Ca^KBj#v8:\wK=P*+DA$z: 3(b)Health Agreement Copyright 2016 Pension Appraisers Online, Inc. All Rights Reserved. CLICK TO CALL; HOME ABOUT US SITEMAP; About Shop Local 509 . PRIVACY POLICY | TERMS OF USE. The lawsuit was filed in the same court on January 31, 2001. IW16 File 1 (Checklist and App) If you do not request a direct rollover from the distributing plan, you will have 60 days after you receive the distribution to complete a rollover to this Plan. 94 Pension Fund, Sheet Metal Workers Local Pension Fund (OH) Second Application, Sheet Metal Workers Local Pension Fund (OH), Southwest Ohio Regional Council of Carpenters Pension Plan, Southwest Ohio Regional Council of Carpenters Second Application, Teamsters Local 805 Pension and Retirement Plan, United Furniture Workers Pension Fund A Resubmit, Warehouse Employees Union Local No. 1. Washington, DC 202101-866-4-USA-DOL1-866-487-2365www.dol.gov, Employee Benefits Security Administration, Industry-Recognized Apprenticeship Programs (IRAP), Bureau of International Labor Affairs (ILAB), Employee Benefits Security Administration (EBSA), Employees' Compensation Appeals Board (ECAB), Employment and Training Administration (ETA), Mine Safety and Health Administration (MSHA), Occupational Safety and Health Administration (OSHA), Office of Administrative Law Judges (OALJ), Office of Congressional and Intergovernmental Affairs (OCIA), Office of Disability Employment Policy (ODEP), Office of Federal Contract Compliance Programs (OFCCP), Office of Labor-Management Standards (OLMS), Office of the Assistant Secretary for Administration and Management (OASAM), Office of the Assistant Secretary for Policy (OASP), Office of the Chief Financial Officer (OCFO), Office of Workers' Compensation Programs (OWCP), Ombudsman for the Energy Employees Occupational Illness Compensation Program (EEOMBD), Pension Benefit Guaranty Corporation (PBGC), Veterans' Employment and Training Service (VETS), Economic Data from the Department of Labor, To set a proper amortization schedule for the loan repayments, To enforce repayment terms and to collect interest. Welcome. Please login below to access your account. HVMoHW17I,(p[EiF#-e#o#%?#%8TJyM_znEbKyRB LX"J6%(`)!A\md$TCz!JpO%r-Io$W!X]rbZ,*dO%H-4Jb3:MXV:[ ZFZ-Mh[L`SvesfJZomod0@"S"J#|Q2ziy}6kG%Iz]?r=$>mY?u&5M*l\-}l%%K]3. To obtain investment information, contact the Fund Officeor John Hancock at 833-388-6466. 0 Please note:As of January 20, 2021, information in some news releases may be out of date or not reflect current policies. In other words, this Plan uses a default investment account for participants who fail to direct assets in their account. As of 1998, there were 1,418 participants, with $66.7 million in assets, of which $5.1 million had been loaned to participants. This is the method by which all defined benefit plans to reciprocate between defined benefit pension funds either primarily on a pro-rata pension (Part A) basis or on a "Money-Follows-the-Man" basis (Part B). .cd-main-content p, blockquote {margin-bottom:1em;} X International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers Your investment options include conservative, moderate, and aggressive investments for you to elect based on your tolerance for investment risk, your age, your plans for retirement and how long you plan to continue working. Fax: 202 638-4856, iwmagazine@iwintl.org http://www.ironworkers.org, 2011 INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS. Shawn Nehiley. Dorchester, MA 02124, Phone: 617-436-3500 Address 1032 Woodbury Ave Council Bluffs, IA 51503 . When the Plan accepts your rollover contribution, it becomes part of your Individual Account, and subject to the rules that govern the Plan. Pension Fund 1 Iron Workers Locals 40, 361 and 417 Pension Fund The Raymond R. Corbett Building 451 Park Avenue South New York, NY 10016 212-684-1586 BOARD OF TRUSTEES Employer Trustees Union Trustees Mr. Robert Samela A.C. Associates 124 Park Avenue, Box 506 Lyndhurst, NJ 07071 Mr. Robert Walsh Iron Workers Local 40 451 Park Avenue South 1200, Pittsburgh, PA 15222-1024 Phone: (412) 471-2885 / (800) 242-8923 / Fax: (412) 471-0944 . Benefits & Features Search: Application Documents. ?X5U$=0|TLjak&g@5l/Filter/FlateDecode/ID[]/Index[21 27]/Info 20 0 R/Length 85/Prev 52950/Root 22 0 R/Size 48/Type/XRef/W[1 2 1]>>stream hb```e``Z ",` 8P2)!xb GX1tpe0?b8qan Pu.VW ]J:^ xUU37\rt]*d@s+@5T d & %: ( d:kHs1? Pension Fund www.zenithadm.com. Health & Welfare Fund Summary Plan Description; Service Providers. District Council Pension Trust Fund and the Iron Workers St. Louis District Council Annuity Trust Fund maintain the Plans. This is a copy of the page found in each directory edition ofThe Ironworkermagazine reflecting each current local union together with basis for reciprocity meaning none (a blank), pro-rata or point of claim (A only) or "Money-Follows-the-Man" (A & B). 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. endstream endobj 25 0 obj <>stream IRONWORKERS LOCAL 401 POLITICAL ACTION FUND, Allocated operating expenditures - federal, Allocated operating expenditures - non-federal, Allocated federal election activity - federal share, Allocated federal election activity - Levin share. The official Plan Documents and Fund Trust The updated Summary Plan Description (SPD) for the Iron Workers Annuity Fund serves as an aid when you make retirement decisions. If you have any questions, please contact the Fund Office. (?gY|KVP+"w{NaF(f!`C0NW/5(MXJBy?v^Z?Z This is the method for all health & welfare fund plans to reciprocate either primarily on apoint-of-claim basis (Part A) or on a "Money-Follows-the-Man" basis (Part B). } `? 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. 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. %%EOF 820 or (202) 383-4820 Email: gso@iwintl.org 3. 1200, Pittsburgh, PA 15222 Phone: (412) 471-2885 / Fax: (412) 471-2891 Submitted by e-mail to reg. Since 1982, the union and its employers have provided supplemental retirement benefits to covered employees. your individual Account balance as of the beginning and ending of the calendar quarter; your investment elections and transfers between funds; the investment results of each fund for the valuation period; employer contributions made on your behalf during the quarter. 9Rm(fr]{Z7!_ oI@%o.H]^FR} |8P?~TCQeBUUQ~Q.Od]w1j5A.FQvu44Uo# ^-5`:JQ;U%|,))a&=j^4K5! of Trustees at Iron Workers Local 40, 361 and 417 Pension Fund, 451 Park A venue South, New York, NY 10016, telephone (212) 684-1586. Every union contract is different, from local to local and company to company, but if you join the union, you can typically expect: Higher wages Health insurance Life insurance A defined benefit pension and/or an annuity fundnot just a 401 (k) Contact the Fund Office for information, eligibility and a Profit Sharing Withdrawal application. - Unauthorized, raised in total receipts by this committee from, spent in total disbursements by this committee from, Learn how to enable Javascript in your browser. ((5| Sincerely, The Board of Trustees . THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL is a DEFINED CONTRIBUTION PLAN. 191 Old Colony Avenue, PO Box 96.
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