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. 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. 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. Benefits & Features A lock ( LockA locked padlock ) or https:// means you've safely connected to the .gov website. .usa-footer .container {max-width:1440px!important;} 1184 0 obj <> endobj Learn how to enable Javascript in your browser. 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 Pension Fund www.zenithadm.com. one-half of your Individual Account balance (not counting any portion that is subject to a Qualified Domestic Relations Order); or. cc: US Department of Labor 1. The Annuity Fund SPD is a booklet containing all the relevant information about your healthcare plan and other benefits related to the Annuity Fund. 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. Reciprocity Agreements, Administrative Examples and Explanatory Documents. The boomer section will highlight these areas. You should share the handbook with your spouse or beneficiary because it contains important information about benefits that are payable to your survivor. 3(c)Annuity Agreement X Plaintiff: Ironworkers 808 Pens, Kevin Barber, H. Preston Taylor, Jody Crews, David Segovia, Alexander Bergel, Greg Holmes, Ironworkers Local No. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. Email:gso@iwintl.org, 3. Please note:As of January 20, 2021, information in some news releases may be out of date or not reflect current policies. Read Please Login or Register to view this post. For the most complete information, Committee type: Labor Organization PAC - Qualified. 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. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. In addition, there are supplemental question and answer material that has been prepared to supplement the agreements and administrative documents. QDRO.COM, Unlimited revisions until the QDRO is accepted by the Plan Administrator and 3(f)Health Explanatory .h1 {font-family:'Merriweather';font-weight:700;} Official websites use .gov Local 807 Labor Management Pension Fund (Second Application) Local 807 Labor-Management. 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 Mailing address: 11600 NORCOM ROAD PHILADELPHIA, PA 19154. 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 Phone: 617-265-3757 To assess late fees or additional interest. An Alternate Payee can be awarded a portion of the Employee's account pursuant to a QDRO. endstream endobj 22 0 obj <> endobj 23 0 obj <>/ProcSet[/PDF/Text/ImageB/ImageC]/XObject<>>>/Rotate 90/Type/Page>> endobj 24 0 obj <>stream endstream endobj 1188 0 obj <>stream Plan Features & Documents. THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL. The Iron Workers tries to give you the good life. Remarks by Assistant Secretary Elizabeth Rosenberg for Terrorist Financing and Financial Crimes at the Association of Women in International Trade. Washington, D.C., 20006 General information. Washington, DC 20463, Federal Election Commission | United States of America, Labor Organization PAC - Qualified This is the method for all defined contribution plans to reciprocate with each other. Iron Workers Local 17. 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. Pricing access the list of itemized transactions. 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. 01-CV-502). Archived News Release Caution: Information may be out of date. x \,(# n&R-fei0.az[Vkfei=9sF@^dPYT]6kf_ Q{S c For decades, employers have been killing unions. 730 Pension Trust, Western Pennsylvania Teamsters & Employers Pension Fund, Western States Office & Professional Employees Pension Fund Resubmit, Western States Office and Professional Employees Pension Fund, Western States Office and Professional Employees Pension Fund- Third Application, Iron Workers Local 17 Pension Fund - Updated Item 9 w. demonstrations, Resubmit Iron Workers Local #17 Checklist 13-14, Resubmit Iron Workers Local #17 Checklist 1-4, Resubmit Iron Workers Local #17 Checklist 23, Resubmit Iron Workers Local #17 Checklist 26-28, Resubmit Iron Workers Local #17 Checklist 29-36, Resubmit Iron Workers Local #17 Checklist 38, Resubmit Iron Workers Local #17 Checklist 40-42, Resubmit Iron Workers Local #17 Checklist 5-6, Resubmit Iron Workers Local #17 Checklist 7-12, Special Inspector General, Troubled Asset Relief Program (SIGTARP), Administrative Resource Center (ARC)- Bureau of the Fiscal Service. Annuity Fund. Generally, you may elect to receive a distribution from your Individual Account when: Contact the Fund Office for information, eligibility and a Withdrawal application. Treasurer: ROBERTS, CHARLES J. Laborers Local No. .manual-search ul.usa-list li {max-width:100%;} 191 Old Colony Avenue, PO Box 96. ALL RIGHTS RESERVED. 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. Ironworkers Local Union 405, representing union ironworkers throughout Philadelphia and the surrounding counties. 808, Yosvany Torres, Robert Knust, Ironworkers Local Union 808 Pension Fund, Robert Corley, Wade Ivey, Lester Hensley, Paul Mette, Ironworkers Local Union 808 Annuity Fund, Southeastern Ironworkers Health & Welfare Fund, William McMillian, Robert . The Iron Workers Local Union 16 Pension Fund ("IW Local 16") application proposing benefit suspensions can be found below. 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 1185 0 obj <>/OCGs[1197 0 R]>>/Outlines 299 0 R/Pages 1176 0 R/StructTreeRoot 310 0 R/Type/Catalog>> endobj 1186 0 obj <>/MediaBox[0 0 612 792]/Parent 1179 0 R/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1187 0 obj <>stream 402 Pension Plan and the U.S. Department of Treasury that the Plan remains in Critical Status for . IRON WORKERS LOCAL UNION NO. EqrQzEV5c6zbR"rAk4d''O:lSo0"E9HC"M;hL|ke|iqeUHz<>8uex2aWi3ysp9 Phone-617-268-2382. Search: Application Documents. 402 PENSION FUND Fund Office: Zenith American Solutions, Administrator, 3 Gateway Center, 401 Liberty Ave., Ste. 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, A defined benefit pension and/or an annuity fundnot just a 401(k), A grievance procedure, so theres someone advocating for you if you have a conflict with your employer, Greater career opportunitiesjoining the union not only provides you great training opportunities, but it gives you the chance to become a local president, business manager, organizer. Health and Welfare Fund www.zenithadm.com. In addition, the defendants agreed to pay a penalty of $83,333 assessed by the Labor Secretary for its fiduciary breaches of the Employee Retirement Income Security Act. } `? In addition, if you are currently working, you may be eligible to withdraw Employer contributions made on your behalf on or after October 14, 2004. ?X5U$=0|TLjak&g@5l #[?TFPEJD9K~G;3C^ )"e(\^^ # PTT]!DGPbD Health & Welfare Fund Summary Plan Description; Service Providers. .cd-main-content p, blockquote {margin-bottom:1em;} Generally the documents described below are provided to assist administrators and participants in obtaining information on present and past Iron Worker Pension (Defined Benefit), Health and Annuity (Defined Contribution) Trust Funds. 16 PENSION FUND Fund Office: Zenith American Solutions, Administrator, 3 Gateway Center, 401 Liberty Ave., Ste. i~ lccJa_p{mL'e4dr1ixv bP1 &N / w 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. 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. 50% of the account balance as of July 7, 2000), plus any investment gains or losses attributable thereon from that date until the date the Alternate Payee receives a distribution from the Plan. For this Plan to accept your rollover, the distributing plan must be one to which contributions are required and made under a collective bargaining agreement between a building trades union and a private (i.e., non-governmental) employer. We hope you will find this information helpful to you and your beneficiaries. Toll-Free: 800-637-3736 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. Share sensitive information only on official, secure websites. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. IW16 File 1 (Checklist and App) 501 W. 42nd St. 2nd Floor. (_UT\s?2g.U9w]7}Rq_" [kMo9 +@~KYe &Pn`_l|7@` 1`>H09g>h ?sBN=otl. IRON CLAD Dougherty also agreed to pay a penalty of $8,000. Before sharing sensitive information, make sure youre on a federal government site. hb```a``2(a Ironworkers Local16 Pension Fund, Second Application. Ironworkers 401 About Us History Officers Territorial Jurisdiction Social Media Contact Us News and Events Local News International News Meetings trainings and events Community Event Apprenticeship & Training Apprenticeship Training Forms Political Action Register to Vote Find My elected Officials Legislative bill Government Links Organizing . When the Plan accepts your rollover contribution, it becomes part of your Individual Account, and subject to the rules that govern the Plan. Plan Lookup (100,000+) The moment unionization comes up at work, theres likely somebody with management who tries to tell you that unions are bad. HVMoHW17I,(p[EiF#-e#o#%?#%8TJyM_znEbKyRB LX"J6%(`)!A\md$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. Copyright 2016 Pension Appraisers Online, Inc. All Rights Reserved. The Fund and Plan are intended to meet the requirements of Sections 401(a) of the Internal Revenue Code (Code) and Employee Retirement Income Security Act of 1974 (ERISA), as amended from time to time. 820 or (202) 383-4820 SNehiley@iwintl.org. Contact the Fund Office for information, eligibility and a Profit Sharing Withdrawal application. Find elections. the Iron Workers Local 17 Pension Plan document (Pension Plan or Plan). Here you will find information regarding the Annuity Fund along with links to web sites with other helpfulinformation. Get the latest business insights from Dun & Bradstreet. 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. . (?gY|KVP+"w{NaF(f!`C0NW/5(MXJBy?v^Z?Z Regular contributions are then made by the Employer, the Participant, or both. 0 The following are copies of the pension, health and pension fund reciprocal agreements together with suggested administrative and explanatory material that was originally developed for each agreement. hQ .table thead th {background-color:#f1f1f1;color:#222;} Mid-Jersey Trucking Industry and Local 701 Pension Fund. 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. Civil Action No. 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. The more unionized businesses there are, the more Iron Workers can change the industryand North America. the 0; Ikm,Q(6Z!nBd @P LEL-'l;3L$l*c/rrqv$q$; xzuOqL$ouait;K\]cmxq,#>M#tgAD Committee name: IRONWORKERS LOCAL 401 POLITICAL ACTION FUND. 5 Pension Plan, Building Material Drivers Local 436 Pension Fund, Carpenters Pension Trust Fund Detroit and Vicinity, Carpenters Pension Trust Fund-Detroit and Vicinity, Central States Pension Plan Application for Benefit Suspension, Composition Roofers Local 42 Pension Plan, IBEW Local 237 Pension Fund Second Application, International Association of Machinists Motor City Pension Fund, Ironworkers Local16 Pension Fund, Second Application, Local 805 Ibt Pension & Retirement Plan Second Application, Local 807 Labor Management Pension Fund (Second Application), Mid-Jersey Trucking Industry and Local 701 Pension Fund, New York State Teamsters Conference Pension & Retirement Fund Resubmit, New York State Teamsters Conference Pension and Retirement Fund, Plasterers and Cement Masons Local No. 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. 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. 401 Philadelphia, Pennsylvania, United States. 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. Welcome. Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401(a), Savings Plans and 401(k). (215) 462-7300 Facebook profile Twitter profile. Find company research, competitor information, contact details & financial data for Ironworkers Local 399 (annuity Fund) of Westville, NJ. ALL RIGHTS RESERVED. p(SO3Nb7W/gQhyQgSqaa%f1=U2^'w7!(~ruk)6|6x1'UpB"PDb'VGYu] \*Rc~zh!6nmn;4 )EJSv1XS)^o Federal government websites often end in .gov or .mil. Iron Workers Fund Office That is why the Iron Workers District Council of New England, along with contributing employers, established the Annuity Plan for eligible members. 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). 820 or (202) 383-4820 Email: gso@iwintl.org 3. our South Boston, MA 02127. Search by state or ZIP code, Look up contributions from specific individuals, Find and contact your committee's analyst. Washington, DC 20006 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. ol{list-style-type: decimal;} Javascript recommended: FEC.gov uses Javascript to provide the best possible user experience. New York, N.Y. 10036. 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). 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. Important: Please refer to the Iron Workers District Council of New England Summary Plan Description for more detail on the Annuity Fund. 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. Your Feedback. div#block-eoguidanceviewheader .dol-alerts p {padding: 0;margin: 0;} 0 5s 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. Ironworkers Local Union 405, representing union ironworkers throughout Philadelphia and the surrounding counties. %PDF-1.6 % hnF_e/m.| q6-b.jY %8ovIr6JqvofWB8"8T LJi+iwj - 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. #block-googletagmanagerfooter .field { padding-bottom:0 !important; } gov August I l, 2021 Regulatory Affairs Division Office of the General Counsel Pension Benefit 3(e) Pension Supplemental Explanatory And as thats happened, wages have been cut. 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. 200 Constitution AveNW Search Annuity jobs in Council Bluffs, IA with company ratings & salaries. If you have any questions, please contact the Fund Office. Address 1032 Woodbury Ave Council Bluffs, IA 51503 . Committee designation: 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. Thereciprocal local union listing is broken down by local unions or that have collective bargaining agreements requiring contributions to these benefit funds. 94 open jobs for Annuity in Council Bluffs. THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL is a DEFINED CONTRIBUTION PLAN. Phone: (800) 368-0105, ext. The Administrator of these Funds can be reached at the following address: Local 580 Fund Office. Examples of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit Sharing . 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.
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