Pension Summary Plan Document (SPD)

As a non-retired Participant in the Iron Workers District Council of Southern Ohio & Vicinity Pension Trust (Plan or Pension Plan), you are accumulating a retirement benefit that, in addition to your Social Security benefit, will help to make your later years more comfortable and secure. In addition, the Pension Plan provides benefits in the event of disability or death.

The Pension Plan was originally established on December 1, 1962, and has been amended since that time. The Pension Plan is maintained pursuant to Collective Bargaining Agreements among participating Employers and local unions in the Iron Workers District Council of Southern Ohio & Vicinity.  The entire cost of the Pension Plan is paid for by Employer contributions to the Pension Fund.

This booklet contains a summary in English of your rights, benefits, and obligations under the Iron Workers District Council of Southern Ohio & Vicinity Pension Trust. It is written in everyday language and may answer some questions you may have about the Plan.  If you would like more detailed information about the Pension Plan, copies of the Pension Plan Document and amendments are available at the Pension Trust Office. The formal Plan Document determines your eligibility for and amount of benefits.  In the event of a conflict between this Summary Plan Description (SPD) and the Plan Document, the Plan Document will govern.

Only the full Board of Trustees is authorized to interpret the Pension Plan. No other individual or organization, such as your union or employer, nor any employee or representative of any individual or organization is authorized to interpret this Plan nor act as an agent of the Board of Trustees.

We are pleased to provided you with this updated booklet on behalf of the Iron Workers District Council of Southern Ohio & Vicinity and all participating Employers. We hope that you will find this information useful and we encourage you to share it with your family.  If you have difficulty understanding any part of this booklet or you have any questions concerning the information presented in this booklet, please contact the Pension Trust Office.

Sincerely,


Board of Trustees