Contact Information:
Andi Glontz - Office Manager
Phone: 216-459-9110 ext. 2
fax: 216-459-9123
Email address is pfplumbers@ameritech.net.


DBP Plan
    Administrator:
    Robert W. Rybak

    Trustees:

    Labor Trustees
    James Krause
    Jay McFadden
    Timothy E Comerford

    Management Trustees
    Timothy M Lavelle - Chairman
    Robert Eville
    James Roddy Sr.

DCRP Plan
    Administrator:
    Robert W. Rybak

    Trustees

    Labor Trustees
    Timothy E. Comerford
    Mark E. Mikulasik
    Robert W. Rybak, Chairman

    Management Trustees
    James J. Roddy, Jr.
    Thomas J. Wanner
    Mark Novak
    Scott Wallenstein, Alternate

Hours of operation are 8 a.m. to 4:30 p.m., Monday through Friday.

Defined Benefit Pension Plan
The principal purpose of the Plan is to provide a monthly income when you retire.  It provides retirement benefits at age 62, spousal benefits and death benefits, plus optional benefits for disability, early retirement and terminated vested benefits.  Contributions for a members’ coverage are required as of the first hour of work for a contributing employer and are to continue for as long as the member works in covered employment.

Eligibility for Benefits
Eligibility for the forms of benefit are based on age and credited service.

Benefit	Age	Years of Service
Normal Retirement	62	Any amount of vested service
Optional Forms:
Reduced Early Retirement	55	5 Future or 10 (past and future)1
55/30 Early Retirement	55	30 (past and future)
Disability	40+	Any amount of vested service
	39-	15 (past and future)
Commuted Lump Sum	62	Any amount of vested service. (no vested service after May 1, 1996 is eligible for this benefit)
Terminated Vested Benefits:
Deferred 100%	62	5 future
Deferred 50%	62	2 to 5 future
Deferred 50%	62	Under 2 future (before 5/1/68)
Reduced Deferred Benefit	55	10 (past and future)
Commute Lump Sum	62	Same basis as actives (above)

1 870 hours = 1 year beginning May 1, 1989. Previous versions of the plan used 1600 and 1000 hours for 1 year at various times.


Defined Contribution Retirement Plan
This Plan was created for the purpose of providing eligible employees and/or their beneficiaries with additional security upon retirement, disability or death.

Effective date of this plan is May 1, 2006. Normal retirement age is 55.

A Vested Participant means a person who has completed as least two (2) Years of Service prior to incurring a permanent break in service, and who has a balance in the credit account. A participant’s interest in the credit account shall be totally nonforfeitable upon completion of two (2) years of service.

A Year of Service means a Plan Year in which a participant is credited with at least four hundred (400) hours of work. There is a Break in Service when a non-Vested Participant fails to work at least four hundred (400) Hours during any plan year (calendar year).

Covered employment means employment under the jurisdiction of the Union for which an employer is obligated by its Collective Bargaining Agreement with the Union or by any other separate written agreement approved by the Board of Trustees to contribute to the Fund, either individually or as a member of the Association.

Employer Contributions:   The amount of the Employer Contributions shall be determined in accordance with the Collective Bargaining Agreement or other Participation Agreement. The amount allocated to the credit account of a participant with seniority shall correspond to the employment classification, based on seniority, to which the participant is assigned under the following table:

Amount of Employer Contributions

Classification	Member contribution rates	Classification Seniority Criteria
Classification A	$0.50 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for less than one (1) year.
Classification B	$1.00 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for at least one (1) but less than two (2) years.
Classification C	$1.50 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for at least two (2) but less than three (3) years.
Classification D	$2.00 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for at least three (3) but less than four (4) years.
Classification E	$4.00 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for at least four (4) but less than five (5) years.
Classification F	$5.00 per hour	Members of the Union who, as of the immediately preceding calendar quarter, have been members of either the Union or the United Association of the Plumbing and Pipe Fitting Industry of the United States and Canada (AFL-CIO) for five (5) or more years.

The Employer contribution is the first fifty cents per hour worked. Changes can be made to the classification during the period beginning March 1st and ending April 15th. Or an employment classification change to a new employer.

There is a loan provision with the DCRP. No participant shall, under any circumstance, be entitled to a loan until the participant’s credit account accumulates Four Thousand Dollars ($4,000.00), and then such loan shall be limited to a minimum loan of Two Thousand Dollars ($2,000.00), and further limited so that in total all loans shall not exceed fifty percent (50%) of the participant’s credit account. The maximum outstanding loan amount shall not exceed Fifty Thousand Dollars ($50,000.00). Each loan shall bear interest at a rate fixed by the Board of Trustees. The loan payment and interest is paid directly into your account.

In the Spring and Fall the Fund Office holds an information night for Health & Welfare, and both Pension Plans.