Northeast Carpenters Annuity Fund

The Annuity Plan, a defined contribution Plan, was agreed upon as a result of the Collective Bargaining Agreements between the Unions of the United Brotherhood of Carpenters and Joiners of America and Employers. A copy of the Collective Bargaining Agreement may be obtained from the Plan Administrator upon request. The funding medium is a trusteed Annuity Fund which was established on May 1, 1982. The plan was effective May 1, 1982.


The Northeast Carpenters Annuity Fund is administered by a joint Board of Trustees consisting of an equal number of union-designated trustees and employer-designated trustees. An Executive Finance Committee consisting of union and employer designated trustees functions between meetings of the Board of Trustees. In addition, an Administrative Manager functions between meetings of the Executive Finance Committee and the Board of Trustees. The Trustees are responsible for the administration of the Annuity Plan and their decisions are final. The Plan's fiscal year ends December 31st.