Benefit Funds

January 2021 Pension Payments to be Transmitted January 4th Due to Bank Holiday

Due to New Year’s Day (Friday, January 1, 2021) being an official bank holiday, monthly pension payments will not be transmitted by the bank until the following business day (Monday, […] Read More…

Temporary Extension of Welfare Coverage & Waiver of Retiree Premiums

In an effort to continue assisting NYCDCC members and retirees through the financial and physical strain caused by the COVID-19 pandemic, the Board of Trustees has approved the following temporary […] Read More…

Coronavirus-Related Distributions & Eligibility for Unemployment Insurance

Some questions have arisen regarding whether taking a COVID-19-related distribution from the Annuity Fund per the special rules of the CARES Act can affect one’s ability to receive unemployment benefits. […] Read More…

Issues with Incorrect Annuity Account Balances on Prudential’s Website to be Addressed

The Fund Office is aware that some members may be experiencing issues with their annuity account balances. We are in communication with Prudential, who has reported to us that there […] Read More…

June Vacation Payments to be Released One Month Early to Help Those Financially Affected by COVID-19 Pandemic

On behalf of the Board of Trustees of the New York City District Council of Carpenters Welfare Fund, the Benefit Funds is pleased to announce that June vacation payments will […] Read More…

Update Concerning COVID-19 Related Amendments to NYCDCC Annuity Fund

Last week, the NYCDCC Benefit Funds announced that the Board of Trustees made changes to the Annuity Fund to allow members easier access to their individual retirement savings during the […] Read More…

A Few Things to Keep in Mind about your Mental Health During the COVID-19 Outbreak

When outbreaks such as the Coronavirus (COVID-19) occur, it is normal to experience both fear and anxiety. Outbreaks like the one we are currently experiencing can trigger a feeling of powerlessness. […] Read More…

Potential Changes to Annuity Fund Rules to Help Participants During COVID-19

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Job Posting: Assistant Director of Training

ASSISTANT DIRECTOR OF TRAINING DEPARTMENT: Carpenters Training Center REPORTS TO: Director of Training DIRECT REPORTS: Instructional, Maintenance and Administrative staff POSITION PURPOSE: To assist the Director of Training in maintaining […] Read More…

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