Greater Pennsylvania Carpenters Benefit Funds
Agreement between the Greater Pennsylvania Regional Council of Carpenters' and certain employer associations. These agreements provide, among other things, for employers of members to contribute various amounts for each hour worked or a percentage of gross wages.
Medical Plan
The Greater Pennsylvania Carpenters' Medical Plan is a plan of insurance provides for death, disability, hospital, surgical, medical and other similar benefits for members participating in the Plan.
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Annuity & Savings Fund
Employer contributions are held in an individual Account on your behalf, and you
direct how your Account is invested. Your Account is payable upon your retirement,
death, disability or termination of employment. In addition, in-service withdrawals
are available for certain prior year contributions and in the event of your financial
hardship.
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Pension Fund
Few goals are more important than providing for a financially secure retirement.
That is why your union - through The Greater PA Regional Council of Carpenters -
sponsors the Pension Fund. The Plan is designed to provide you with retirement income
for life based upon your length of service with participating employers and contributions
made by employers on your behalf. When your pension benefit is combined with Social
Security and your personal savings, it offers valuable financial security for your
retirement years.
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