In general, you are a Participant in the Annuity Fund if you are working for a Contributing Employer in a job covered by a Collective Bargaining Agreement (CBA) or Subscribers Agreement, which requires the Employer to make Contributions to the Annuity Fund for hours worked by you under the terms of the CBA or Subscribers Agreement.Learn More
You may be eligible to withdraw your Account if you meet the Retirement guidelines set out in the Plan Rules and Regulations. Reasons for Retirement include becoming age 62, ceasing work in the Building and Construction Industry, receiving a Social Security Disability Award, terminal illness, or military service.Learn More
Distribution / Payment Options
If you are married, your account will be paid in the form of a Joint and 50% Survivor Annuity, unless you and your spouse waive this option. Otherwise your Account can be paid in a lump sum, installments, or it can be rolled over to another qualified plan.
If you haven’t started withdrawal of your Account by your Required Beginning Date, an annual distribution will be made to you until your Account is exhausted or you make other arrangements for withdrawal of your balance.
Self-Direction of Funds
The Board of Trustees directs the investment of most Individual Account balances, but the Self-Direct option was created for participants who want a little more freedom with the investment of their Annuity contributions. A Participant has the option to self-direct his or her Individual Account within a limited number of mutual funds after participating in an online educational seminar.Learn More