Saturday, August 17, 2019

Frequently Asked Glaziers Retirement Fund Questions


Q.

How do I become a Participant in the Plan?

A.

You are entitled to participate in the Plan if you work under a Collective Bargaining Agreement, or other Special Agreement, that requires your employer to make contributions to the Trust Fund on your behalf.

Q.

I am going through a divorce, what happens to my pension?

A.

If your former spouse is awarded a portion of your earned benefit through the Plan, it will be necessary that you and your spouse complete a Qualified Domestic Relations Order (QDRO) so that the Plan can pay benefits to your former spouse. You may contact the Trust Fund Office and request that a sample QDRO be provided to you.

Q.

Does the Pension Plan affect Social Security benefits in any way?

A.

No.

Q.

Can pensions be paid or assigned or garnered to others?

A.

Your pension benefits cannot be assigned to a third party or attached in any manner. The only exceptions are for payments made in accordance with a "Qualified Domestic Relations Order," an IRS tax levy, or upon the death of the Participant to a designated beneficiary.

Q.

If benefits are denied, may a retiree or beneficiary appeal?

A.

Yes. Any retiree or beneficiary denied a benefit has the right to appeal to the Trustees within 60 days after the date shown on the letter of denial (for disability pension benefits, you have 180 days to appeal). The rules for filing an appeal are outlined in your Summary Plan Description (SPD).

Q.

How far in advance should I request an application for retirement?

A.

You can request an application for retirement any time during the 180 days prior to your expected retirement date.

Q.

In addition to the application for retirement, what other documents do I have to submit to the Fund office?

A.

The Trust Fund Office will need photocopies of the birth certificate and photo identification for you and your spouse (if applicable), and your marriage certificate (if applicable). If you have been previously divorced, the Trust Fund Office will also need photocopies of the court filed dissolution of marriage and property settlement agreement for all previous marriages.

Q.

I am currently receiving a monthly pension benefit from the Plan and would like to change the tax withholding. What needs to be done?

A.

You can change your tax withholding as often as you wish by completing a new W4-P which can be obtained from the Trust Fund Office or downloaded from this website. Once this form is completed, you must return it to the Trust Fund Office for implementation.

Q.

I am currently receiving a monthly pension benefit from the Plan and would like to change the bank account information. How do I change this information?

A.

You can change your direct deposit information by completing a new Direct Deposit Form which can be obtained from the Trust Fund Office or downloaded from this website. Once this form is completed, you must return it to the Trust Fund Office for implementation.

Q.

I am currently receiving a monthly pension benefit from the Plan, what happens if I do not receive my check?

A.

Although, the Trust Fund Office makes every effort to ensure that your monthly benefit arrives on time, sometimes it is possible that the delivery of your check is delayed due to reasons beyond our control. If for any reason you do not receive your check by the 10th day of the month, you should contact the Trust Fund Office so that a replacement check can be issued.

Q.

I recently moved, how do I change my address?

A.

For your protection, all address changes must be submitted in writing with your signature. You can change your address in one of two ways:

  • Mail or fax a signed letter to the Trust Fund Office advising us of your new address: or
  • Obtain an Address Change Form from the Trust Fund Office or from this website and return the completed form via mail or fax to the Trust Fund Office for processing.
Q.

Whom should I contact if I'm getting a divorce and what documents do I need to submit?

A.

You should contact the Trust Fund Office and advise the Eligibility and Pension Departments that you will be or have already gotten a divorce. You will need to submit a FULL copy of your Dissolution of Marriage Judgment, QDRO (Qualified Domestic Relations Order) and Qualified Medical Child Support Order to this office.