Dear Pensioner/Beneficiary: On behalf of the Board of Trustees of the Mason Tenders' District Council Pension Fund, we are pleased to inform you that an additional benefit check in the amount of $1,100 has been granted to all pensioners and beneficiaries (including surviving spouses) that are in pay status in the month of December 2021. If you receive your monthly pension payment by check, the check is enclosed with this notice. If you receive your [...]
? IMPORTANT BENEFIT FUND UPDATE ? Local 78 Brothers and Sisters: Due to the COVID-19 work reduction this past spring, the Mason Tenders' District Council Welfare Fund is offering a one-time, up to 300 hours work credit—SOLELY for 2021 health coverage eligibility—to currently covered members. Under this temporary rule, Local 78 members who are currently covered by the Fund but do not meet the eligibility requirement of 1,000 hours of work for health coverage in [...]
IMPORTANT MESSAGE REGARDING NEW HARDSHIP DISTRIBUTION OPTION DUE TO COVID-19 The Board of Trustees has adopted a new Annuity Fund hardship withdrawal option to assist participants during this difficult time while they face unforeseen financial consequences due to the COVID-19 pandemic. Under this option, an active (non-retired) participant may apply for a one-time withdrawal of $10,000 from their account (or their entire account balance, if the balance is less than $10,000). Eligible participants may [...]
