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

April 8, 2020

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 be released one month early to help alleviate the financial strain that many have suffered due to the COVID-19 pandemic. As a result of this decision, members eligible to receive vacation payments this quarter can expect to have their payments transmitted on approximately Friday, May 1^st. It is important to note that members DO NOT have to take any action or fill out any hardship forms to receive their vacation payments early. All eligible members will automatically receive an early payout.

All other standard vacation payment rules will apply. Members will continue to receive their payments via either ACH or rapid! PayCard. Members can check their balances by end-of-day on May 1st to confirm receipt of their payments. They can do so in the following ways:

• rapid! PayCard– Call (877) 380-0980, or create/log into rapid! PayCard account online at www.rapidfs.com.

• Direct Deposit– Contact your banking institution by phone or through its website/app.

Please note that if you are currently receiving your vacation payments via rapid! PayCard and would like to switch, or you are newly eligible to receive vacation payments, you can sign up for direct deposit through our Member Portal. The deadline for sign up this quarter is Sunday, April 12^th. Check i-Site for sign up availability.

If you have any general questions about your vacation payment, you can contact our Member Services Department at (800) 529-FUND (3863) or (212) 366-7373. For questions or concerns directly related to rapid! PayCard, you can reach them via phone at (877) 380-0980 or by visiting their website at www.rapidfs.com.