DID YOU KNOW?

You should NOT stop paying your union dues when you retire. You must pay dues until you qualify for one of the following:

You qualify for an International Lifetime Membership if you meet the following requirements:

• You have attained the age of 65 years and have been a member in good standing for 25 years. 
• You are disabled while working in the trade and been a member in good standing for 20 years. The following documentation is required: a Physician's statement, Social Security Disability Award or proof of a disability pension through the Trust Fund.

If any of the above listed situations apply to you, please contact the Local 707-746-6100 and ask for an application. You must apply for the Lifetime Membership, it is not automatic.    

                                       

        IMPORTANT     
      INFORMATION

Pension Credits

To receive one (1) full pension credit, a Participant must work 1400 hours within a plan year. The plan year runs June 1 to May 31 of each year. If employed after 1998 it takes 5 years to be vested in the pension plan. Prior to 1998 you have to have 10 year of pension credits to be vested.

A participant must work at least 350 hours in Covered Employment to receive 1/12th of a Future Service Credit in a plan year. (Example: A member has worked a total of 1564 hours in a year. He would recieve 1 pension credit and 1/12th of a pension credit in the next plan year.)

If you are not vested in the pension and you incur a break in service, you could lose your pension. (Example: You have 4 years of pension credits. You decide to do something else for a while, or you are off due to an injury. No hours are reported for you for 5 years. This is considered a permanent break in service and you would lose the 4 years of pension credits.) If you are injured, it is very important that you get a "Certificate of Disability" from the Trust Fund or from the Union Hall and have your doctor fill it out. When you send it to the Trust Fund enclose a note to them stating that you want a copy sent to the pension department. This "Certificate of Disability" could close a break in service for you.

           ANNUITY     
    DISBURSEMENTS

Did you know that you can not withdraw your Annuity for any reason except the following?

1. You are on a Service Pension.

2. Retirement at or after age 62 (must submit proof of age)

3. Total Disability (You must be totally and permanently unable, as a result of bodily injury or disease, to engage in any further employment as an ironworker or as any other builing trades' craftsman).

4. Termination of employment (no contributions made to your account for six consecutive months. Contributions are due the end of the month following the month in which you are terminated).

You may not withdraw you Annuity for any other reasons. Even if you buy a house or are being foreclosed on, you can not withdraw your annuity. The only reasons are listed above.