Member Survey Member Login
Member Survey Member Login

Archives - January 1970

Archives - January 1970

Where can I obtain information regarding the New York City District Council of Carpenters Welfare Fund’s compliance with the Patient Protection and Affordable Care Act of 2010?

To view the 2015 Minimum Value & Affordability memo, please click here: Minimum Value and Affordability Memorandum to Participating Employers 2015
read more...

Where do I obtain a copy of the Participant Vouchers?

It is a requirement of the Collective Bargaining Agreement that employers send Participant Vouchers to all participants once a remittance report is funded. If you report via URBAN you can print the vouchers by choosing the option to view and/or print Participant Vouchers for each participant from a funded remittance…
read more...

Who is responsible for the Working Dues/PAC for the members?

The employer is responsible for deducting the authorized Dues/PAC via their payroll system and ensuring that the payroll deduction agrees with the URBAN remittance or manual check. For more information on Working Dues and calculations, please contact the Assessments Department of the District Council at (212) 366-7375.
read more...

Where can I obtain information regarding complying with the disclosure requirements of the Financial Accounting Standards Board?

To view the latest FASB notice for the NYCDCC Pension Plan, please click here: PF - FASB_DRAFT Jan 2021_FINAL
read more...

Are my Vacation Benefits subject to garnishment?

Yes. The Fund is required to honor any court order, garnishment or other final judgment of a court of law or the Internal Revenue Service, but only up to the amount that has accrued and has not been paid out at the time the garnishment is received.
read more...

What happens to my Vacation Benefits if I die without a Beneficiary?

Since you are 100% vested (unless fraud is committed), any money in your Vacation Account will be paid to your beneficiary.  If you do not have a Beneficiary, payments will be made in the following order: your surviving spouse, or, if none, your children in equal shares, or, if none,…
read more...

Do I have to pay income taxes on my Vacation Benefits?

Yes. Your Vacation Benefits are taxable as ordinary income. Vacation Benefits are subject to income tax withholding, which are processed by your employer and are included on the W-2 Form that is sent to you each year in January from your employers.
read more...

Can I lose the right to my Vacation Benefits?

Yes. You are always 100% vested in the contributions that are made to your Vacation Account, unless fraud is committed. If you die before all of your Vacation Benefits have been paid, any remaining money in your Vacation Account will be paid to your Beneficiary. However, your Vacation Benefits may…
read more...

When are Vacation Benefits paid?

Vacation Benefits are paid out four times per year, generally in March, June, September, and December. Payouts are made via direct deposit or a rapid! PayCard.
read more...

How much money do I receive in Vacation Benefits?

You will receive all contributions made to your Vacation Account by your employer. Your Vacation Account does not pay interest.
read more...
  • Recent Posts

  • Category Archive