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These totals are drawn from quarterly, monthly and semi-annual reports. Iron Workers Locals 40, 361 & 417 Annuity Fund * 1 Principals See who the company's key decision makers are 7 Contacts Reach the right people with access to detailed contact information. The Iron Workers tries to give you the good life. 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. 1184 0 obj <> endobj 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. 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. 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. .usa-footer .container {max-width:1440px!important;} 1200, Pittsburgh, PA 15222-1024 Phone: (412) 471-2885 / (800) 242-8923 / Fax: (412) 471-0944 . 1195 0 obj <>/Filter/FlateDecode/ID[<74F9F31BCC662F429F560960F21F4516>]/Index[1184 29]/Info 1183 0 R/Length 78/Prev 1007540/Root 1185 0 R/Size 1213/Type/XRef/W[1 3 1]>>stream Washington, DC 20006 LekvT6WDx7Nz#m9IH9JhA;nox09g9H$99[6I/>5r~0O1Iw G}rs!&zn'cT lV/wpMSIKi"7= Thereciprocal local union listing is broken down by local unions or that have collective bargaining agreements requiring contributions to these benefit funds. 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. In addition, if "Money-Follows-the-Man" (Part B Signatories) was executed by the trustees, there is suggested language to be used in on the transfer authorization card. If you have any questions, please contact the Fund Office. 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. Fax-617-268-1394. Get the latest business insights from Dun & Bradstreet. The Annuity Fund SPD is a booklet containing all the relevant information about your healthcare plan and other benefits related to the Annuity Fund. Please note:As of January 20, 2021, information in some news releases may be out of date or not reflect current policies. Secure .gov websites use HTTPS Insurance and retirement plans have disappeared. .dol-alert-status-error .alert-status-container {display:inline;font-size:1.4em;color:#e31c3d;} Types of QDROs General information. A .gov website belongs to an official government organization in the United States. (Secretary of Labor v. Joseph Dougherty, et al the Iron Workers Local 17 Pension Plan document (Pension Plan or Plan). Since 1982, the union and its employers have provided supplemental retirement benefits to covered employees. Regular contributions are then made by the Employer, the Participant, or both. 24- and 48-Hour Reports of independent expenditures aren't included. 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 The basis is "Money-Follows-the Man." 215 followers 214 connections. The more unionized businesses there are, the more Iron Workers can change the industryand North America. PH: 202 383-4800 Search Annuity jobs in Council Bluffs, IA with company ratings & salaries. endstream endobj startxref endstream endobj startxref IRON WORKERS LOCAL UNION NO. IRON WORKERS LOCALS 40,361 AND 417 PENSION FUND To: All Participants, Beneficiaries, Participating Unions and Contributing Employers . Welcome to the Ironworkers Local 401 Benefit Funds online remittance processing system. Iron Workers DC of New England Annuity Fund No matter what your plans are for retirement, you will want to be financially protected. cc: US Department of Labor 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. Free Pension eBook The application is organized by the items specified in Revenue Procedure 2015-34. .manual-search-block #edit-actions--2 {order:2;} .h1 {font-family:'Merriweather';font-weight:700;} 1050 First Street, NE Email:[email protected], 3. If you find that the information reflected in this listing is not correct, you are requested to call or write or email: General Secretary's Office Sincerely, The Board of Trustees . Address 1032 Woodbury Ave Council Bluffs, IA 51503 . Policy for Collection of Delinquent Contributions, Increase of holdback on withdrawals and transfers, Increase the monthly amount payable in the event you become under or unemployed, Decrease of Holdback on Withdrawals and Transfers. 1750 New York Ave, NW The Pension Fund is maintained under the Trust Agreement. court, Step by step instructions for how to file the QDRO with the plan and the Please login below to access your account. ALL RIGHTS RESERVED. Reciprocity Agreements, Administrative Examples and Explanatory Documents. CALL US, CONTACT Local No. .cd-main-content p, blockquote {margin-bottom:1em;} @media only screen and (min-width: 0px){.agency-nav-container.nav-is-open {overflow-y: unset!important;}} Benefits & Features Variations in spelling or abbreviation can produce multiple totals for the same category. The portion of the Reciprocity site is generally for administrators of benefit funds; however, all participants should be familiar with the reference documents as your benefits may depend on your knowledge of reciprocity. HERE TO access the list of itemized transactions. 3(d)Pension Explanatory div#block-eoguidanceviewheader .dol-alerts p {padding: 0;margin: 0;} .agency-blurb-container .agency_blurb.background--light { padding: 0; } Under most plans, it is possible to award the Alternate Payee a portion of the Employee's account balance as of a specific date (i.e. (_UT\s?2g.U9w]7}Rq_" [kMo9 +@~KYe &Pn`_l|7@` 1`>H09g>h ?sBN=otl. Local Unions Signatory to the Iron Workers International Reciprocal Agreements. Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401(a), Savings Plans and 401(k). If the Alternate Payee chooses, it is usually possible to transfer the funds awarded to an IRA or other tax qualified account of his/her choice. 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. ironworkers40.org/ Phone (212) 422-3520 IRS details EIN 13-5622663 Fiscal year end December Taxreturn type Form 990 Year formed 1948 Eligible to receive tax-deductible contributions (Pub 78) No Categorization NTEE code, primary Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations NAICS code, primary The Administrator of these Funds can be reached at the following address: Local 580 Fund Office. The official Plan Documents and Fund Trust The Iron Workers District Council of Southern Ohio and Vicinity Benefit Trust, Pension Trust, and Annuity Trust are multi-employer trust funds established by the affiliated Local Unions and signatory Employers to provide Pension, Health and Wellness, and Annuity benefits to eligible iron workers. Fax: 202 638-4856, [email protected] http://www.ironworkers.org, 2011 INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS. Archived News Release Caution: Information may be out of date. } `? Ironworkers 401 About Us History Officers Territorial Jurisdiction Social Media Contact Us News and Events Local News International News Meetings trainings and events Community Event Apprenticeship & Training Apprenticeship Training Forms Political Action Register to Vote Find My elected Officials Legislative bill Government Links Organizing . You terminate employment with a contributing Employer and the Fund receives no contributions on your behalf for three consecutive calendar months; You become totally and permantly disabled; or. In today's consent order, Dougherty was personally ordered to pay $40,000 of the settlement amount from his own account in the plan and also agreed not to enter any domestic relations order which would impair or preclude his payment due to the fund from him. In addition, if "Money-Follows-the-Man" (Part B Signatories) was executed by the trustees, there is suggested language to be used in on the transfer authorization card. Mid-Jersey Trucking Industry and Local 701 Pension Fund. %PDF-1.6 % Federal government websites often end in .gov or .mil. Local 805 Ibt Pension & Retirement Plan Second Application. Generally, you may elect to receive a distribution from your Individual Account when: Contact the Fund Office for information, eligibility and a Withdrawal application. THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL. our The site is secure. %%EOF Ironworkers Local Union 405, representing union ironworkers throughout Philadelphia and the surrounding counties. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. /*-->*/. ol{list-style-type: decimal;} Please specify which news release when placing your request. This booklet describes the administrative procedures for determining whether a point-of-claim (All Part A signatories) transfer to a home fund should occur. 3(a)Pension Agreement No matter what your plans are for retirement, you will want to be financially protected. The fund allegedly allowed participants with three years' standing to borrow from the fund, with maximum loans the lesser of $50,000 or one-half the participant's account balance. 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. PRIVACY POLICY | TERMS OF USE. .manual-search ul.usa-list li {max-width:100%;} This tab shows spending that this committee has made in support of or opposition to a candidate. HTn0+(%)> #[?TFPEJD9K~G;3C^ )"e(\^^ # PTT]!DGPbD x \,(# n&R-fei0.az[Vkfei=9sF@^dPYT]6kf_ Q{S c Religious Political advocacy Provides grants Lobbying State / local level Tax deductible donations No full-time employees. Treasurer: ROBERTS, CHARLES J. In October, 1998, trustees voted to compensate Dougherty for his services to the plan up to10 hours a week at the general foreman's hourly rate and up to 10 hours a week in contributions to the fund -- acts which resulted in dual compensation to Dougherty. 265 Pension Plan. Ironworkers District Council of New England. 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.