Name of Plan.
The Plan is known as the Carpenters District Council of Kansas City Pension
Board of Trustees.
A Board of Trustees is responsible for the operation of this Plan. The Board
of Trustees consists of Employer and Union representatives selected by the
Employers and the Union, which have entered into collective bargaining
agreements, which relate to this Plan. If you wish to contact the Board of
Trustees, you may use the addresses following this link:Board of Trustees.
Plan Sponsor and
The Board of Trustees is both the Plan Sponsor and Plan Administrator.
The number assigned to this Plan by the Board of Trustees pursuant to
instructions of the Internal Revenue Service is 001. The Employer
Identification Number (EIN) assigned to the Board of Trustees by the
Internal Revenue Service is 43-6108379.
Agent for Service of Legal
Michael C. Arnold, Esq. is the Planís agent for service of legal process.
Accordingly, if legal disputes involving the Plan arise, any legal documents
should be served upon Mr. Arnold at
1125 Grand Boulevard Ė Suite 1600
Kansas City, MO 64106
or upon any individual Trustee at the Fund Office
This Plan is maintained pursuant to collective bargaining agreements between
the employers and the Carpentersí District Council of Kansas City and
The Fund Office will provide you, upon written request,
information as to whether a particular employer is contributing to the Plan
on behalf of participants working under the collective bargaining
Source of Contributions.
The benefits described on this website are provided through employer
contributions. The amount of employer contributions and the employees on
whose behalf contributions are made are determined by the provisions of the
collective bargaining agreement.
Pension Trustís Assets and
All assets are held in trust by the Board of Trustees for the purpose of
providing benefits to eligible participants and defraying reasonable
administrative expenses. The assets of the Pension Fund are invested through
professional investment managers selected by the Trustees.
The records of the Plan are kept separately for each Plan Year. The Plan
Year begins on April 1 and ends on March 31. This serves as the period for
which pension credits, years of vesting service and breaks in service are
computed and recorded.
Type of Plan.
This is a defined benefit plan maintained for the purpose of providing
retirement benefits to eligible Participants.
Pension Benefit Guaranty Corporation.
Your pension benefits under this plan are insured by the Pension Benefit
Guaranty Corporation (PBGC), a federal insurance agency. If the plan
terminates (ends) without enough money to pay all benefits, the PBGC will
step in to pay pension benefits. Most people receive all of the pension
benefits they would have received under their plan, but some people may lose
The PBGC guarantee generally covers:
1. Normal and early
2. Disability benefits, if
you become disabled before the plan terminates; and
Certain benefits for your survivors.
The PBGC guarantee generally does not cover:
benefits greater than the maximum guaranteed
amount set by law for the year in which the Plan terminates;
some or all benefit increases and new
benefits based on Plan provisions that have been in place for fewer than
5 years at the time the Plan terminates;
benefits that are not vested because you
have not worked long enough under the Plan;
benefits for which you have not met all
of the requirements at the time the Plan terminates;
certain early retirement payments (such
as supplemental benefits that stop when you become eligible for Social
Security) that result in an early retirement monthly benefit greater
than your monthly benefit at the Planís normal retirement age; and
non-pension benefits, such as health
insurance, life insurance, certain death benefits, vacation pay and
Even if certain
of your benefits are not guaranteed, you still may receive some of those
benefits from the PBGC depending on how much money your plan has and on how much
the PBGC collects from your employers. For more information about the PBGC and
the benefits it guarantees, ask your Plan Administrator or contact the PBGCís
Technical Assistance Division,
1200 K Street N.W.
Washington DC 20005-4026
(202) 326-4000 (not a toll-free number)
TTY/TDD 1-800-877-8339 (ask to be connected to (202) 326-4000)
Additional information about the PBGCís pension insurance program is available
through the PBGCís website at
As someone who may be eligible for benefits from this Plan, you are no doubt
aware of the fact that the benefits are paid in accordance with Plan provisions
out of a trust fund, which is used solely for that purpose. If you have had any
questions or problems as to benefit payments, you have had, as you know, the
right to get answers from the Trustees who administer the Plan.
The same basic rights have now been incorporated in the Employee Retirement
Income Security Act, which Congress adopted in 1974, for application to all
benefit plans. Those rights are set forth in the following section.
Authority. The Trustees of the Fund shall have the authority to
revise, interpret, construe and apply the provisions of the Restated Plan
Document and the Summary Plan Description including, but not limited to,
provisions relating to the eligibility for, entitlement to and/or nature, amount
and duration of benefits.
Statement of Rights Under Employee Retirement
Income Security Act of 1974
As a participant in the
Carpenters District Council of Kansas City Pension Fund, you are entitled to
certain rights and protections under the Employee Retirement Income Security Act
of 1974 (ERISA). ERISA provides that all plan participants shall be entitled to:
charge, at the Plan Administratorís office and at other specified locations,
such as worksites and union halls, where at least 50 plan participants are
customarily employed, all plan documents, including insurance contracts,
collective bargaining agreements and copies of all documents filed by the plan
with the U.S. Department of Labor, such as detailed annual reports and plan
of all plan documents and other plan information upon written request to the
Plan Administrator. The administrator may make a reasonable charge for the
summary of the Planís annual financial report. The Plan Administrator is
required by law to furnish each participant with a copy of this summary annual
statement telling you whether you have a right to receive a pension at normal
retirement age and, if so, what your benefits would be at normal retirement age
if you stop working under the plan now. If you do not have a right to a pension,
the statement will tell you how many more years you have to work to get a right
to a pension. This statement must be requested in writing and is not required to
be given more than once a year. The Plan must provide this statement free of
charge. The Plan will provide this information to the extent it is able to be
based on the available records.
In addition to creating rights
for plan participants, ERISA imposes duties upon the people who are responsible
for the operation of the employee benefit plan. The people who operate your
plan, called ďfiduciariesĒ of the Plan, have a duty to do so prudently and in
the interest of you and other plan participants and beneficiaries. No one,
including your employer, your union, or any other person may fire you or
otherwise discriminate against you in any way to prevent you from obtaining a
pension benefit or exercising your rights under ERISA. If your claim for a
pension benefit is denied in whole or in part, you must receive a written
explanation of the reason for the denial. You have the right to have the Plan
review and reconsider your claim. Under ERISA, there are steps you can take to
enforce the above rights. For instance, if you request materials from the Plan
and do not receive them within 30 days, you may file suit in a federal court. In
such case, the court may require the Plan Administrator to provide the materials
and pay you up to $110 a day until you receive the materials, unless the
materials were not sent because of reasons beyond the control of the
administrator. If you have a claim for benefits, which is denied or ignored, in
whole or in part, you may file suit in a state or federal court. If it should
happen that Plan fiduciaries misused the Planís money, or if you are
discriminated against for asserting your rights, you may seek assistance from
the U.S. Department of Labor, or you may file suit in a federal court. The court
will decide who should pay court costs and legal fees. If you are successful,
the court may order the person you have sued to pay these costs and fees. If you
lose, the court may order you to pay these costs and fees, for example, if it
finds your claim is frivolous. If you have any questions about your plan, you
should contact the Plan Administrator. If you have any questions about this
statement or about your rights under the ERISA, you should contact the nearest
area office of the Pension and Welfare Benefit Administration, U.S. Department
of Labor listed in your telephone directory or the
Technical Assistance and Inquiries
Benefits Security Administration
Department of Labor
Constitution Avenue, N.W.
Save your Summary Plan
Tell your family,
particularly your spouse, about the booklet and its location.
If you have lost your
booklet, you may request another copy from the
If you have worked in
employment covered by the Plan for five years or more and you are leaving
without definite plans to return in the near future, you may be entitled to
a pension, payable when you have reached a retirement age. To protect your
benefit rights, call or write the Fund Office to request a statement of your
benefit rights. If you are vested, the Fund Office will notify the
government so that the Social Security Administration can remind you of your
vested pension rights at the time that benefits should commence.
Notify the Fund Office
approximately six months in advance of the date you plan to retire.
Board of Trustees
Carpenters District Council of Kansas City Pension
Broadway Suite 805
Kansas City, Missouri 64111
Telephone: (816) 756-3313
Fax: (816) 777-2655
Toll Free: 1-866-756-3313