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Prudential: Simple Strategies to Weather Market Volatility

Given the current unstable situation with the stock market due to the ongoing Coronavirus (COVID-19) pandemic, it seems like a good time to remind NYCDCC Annuity Fund participants that market volatility is a fact of life for all plans that rely on investments. These plans often require strategy and patience…
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NYCDCC Welfare Fund Update Regarding Cost Share Waivers for Testing and Related Coverage for Coronavirus (COVID-19)

Since the Coronavirus (COVID-19) pandemic first began to surface, the NYCDCC Welfare Fund has been providing you information concerning how your providers (Empire BlueCross BlueShield for active participants/dependents and UnitedHealthcare for Medicare-Eligible Retirees) would cover COVID-19 related visits, testing, and other associated costs. We are now pleased to announce that…
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Potential Changes to NYCDCC Annuity Fund Rules to Help Participants During Coronavirus (COVID-19) Outbreak

  Many of the rules that govern the NYCDCC Annuity Fund through Prudential come from the Internal Revenue Code (IRC), which is regulated by the United States Federal Government. The Federal Government is reported to be considering making temporary modifications to the IRC in order to provide some relief to…
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Fund Office Operations at 395 Hudson Street Will be Temporarily Suspended Due to Coronavirus (COVID-19)

-Office Will Operate Remotely and Continue to Service Membership Until it is Deemed Safe to Return -The Health of Our Members and Employees is Our Number One Priority     Due to ongoing concerns regarding the spread of the Coronavirus (COVID-19) throughout the United States, and particularly New York City,…
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NYCDCC Welfare Fund to Waive Co-payments for Coronavirus (COVID-19) Testing

On behalf of the Board of Trustees, the New York City District Council of Carpenters Welfare Fund is pleased to report that all Coronavirus (COVID-19) testing under the Empire BlueCross BlueShield plan will have related co-payments waived for eligible participants and dependents. Although a mandate from the federal government to…
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Carpenters Training Center to Postpone Classes for Two Weeks Effective March 16th; Exhibits and Open House Scheduled for April 7th also Postponed

Given the current state of affairs with the Coronavirus (COVID-19), and out of an abundance of caution, the New York City District Council of Carpenters Training Center (CTC)  has decided to postpone all classes scheduled for the next two weeks, effective March 16th. The CTC will monitor the situation carefully…
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March is Colorectal Cancer Awareness Month

The NYCDCC Welfare Fund and MSK Direct, a program that offers you guided access to expert cancer care, have once again collaborated to bring you cancer education and awareness. Since March is Colorectal Cancer Awareness month, we have decided to focus on providing you information concerning this important topic. Please see…
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Coronavirus Disease (COVID-19) Fact Sheet

As many of you may have already seen in the news, the Coronavirus Disease (COVID-19), which originated in China, has begun to spread to other parts of the world, including Europe, and to a lesser extent thus far, the United States. At this point in time, although the chances of…
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Quarterly Vacation Payments for March to be Transmitted by March 1st

Please be advised that your "March" vacation payments, regardless of whether you are being paid via rapid! PayCard or direct deposit, will be transmitted by Sunday, March 1st. You should check your balance by end-of-day on the 1st to confirm receipt of your payment. You can do so in the…
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Save the Date: NYCDCC Training Center’s 51st Annual Graduating Apprentice Exhibits and Open House

Save the Date! On Tuesday, April 7th, 2020, from 8:00am to 4:00pm, the New York City District Council of Carpenters Training Center ("CTC") is hosting exhibits and an open house for its graduating apprentice class at 395 Hudson Street, New York, NY, 10014, 2nd floor. All are welcome to attend!…
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Important Notice for NYCDCC Welfare Fund Participants Transitioning to UHC Coverage for Medicare-Eligible Retirees

-Copies of Medicare Cards Must be Sent to the Fund Office Prior to Effective Date of UHC Coverage Effective January 1, 2020, all NYCDCC Medicare-Eligible Welfare Fund participants who are transitioning to UnitedHealthcare ("UHC") coverage must provide the Fund Office with copies of their Medicare Cards prior to the effective…
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NYCDCC Welfare Fund Participants Should Provide Doctors/Medical Facilities New ID Card Information Prior to Visit

As the Fund Office previously reported, Empire BlueCross BlueShield ("Empire") mailed new ID cards to Active participants/dependents and Non-Medicare Eligible Retiree participants/dependents in the New York City District Council of Carpenters ("NYCDCC") Welfare Fund with an effective date of January 1, 2020. The Fund Office also reported that you must…
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NYCDCC Welfare Fund Expands Partnership with MSK Direct to Offer Collaborative Focus on Screening and Education: Breast Health

Your health is important and the NYCDCC Welfare Fund is committed to ensuring you and your families have access to high quality care and resources. In September, we announced our partnership with Memorial Sloan Kettering Cancer Center (“MSK”). This partnership offers all* NYCDCC members, retirees, and your families immediate access…
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Slight Delay in January Pension Payments for Retirees

Due to a technical issue, the January Pension payments have been temporarily delayed. The Fund Office is aware of this issue, has identified the problem, and is working diligently with our software provider and Chase Bank to ensure that payments are processed as soon as possible. As of the time…
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NYCDCC Annuity Fund Participants to Receive $200 Disbursement to Individual Accounts

The Board of Trustees of the New York City District Council of Carpenters Annuity Plan is pleased to announce a disbursement of assets from the Plan’s administrative account to its participants. Thanks to cost savings and investment gains, the administrative account of the Annuity Plan has grown so that excess…
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Empire BlueCross BlueShield to Send Out New ID Cards Beginning December 20th

Beginning Friday, December 20th, Empire BlueCross BlueShield ("Empire") will be sending out new ID cards to Active participants/dependents and Non-Medicare Eligible Retiree participants/dependents in the New York City District Council of Carpenters (“NYCDCC”) Welfare Fund. These ID cards are being produced and mailed as a result of a new system…
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NYCDCC Member from Local 212 Helps Retiree in Need by Donating Kidney

New York City District Council of Carpenters ("NYCDCC") retiree Warren Hutchinson met Local 212 member Alexandra Guadalupe in 2016 during a Journeyman Leadership training session at the United Brotherhood of Carpenters ("UBC") International Training Center. At the time, neither one of them knew that the chance meeting and friendly bond…
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Mental Health & the Holidays

Here are a few things to keep in mind during the holiday season: Feeling Down? 1 in 3 Americans feel sad or lonely during the holidays. It's normal and you are not alone.  It's Okay To Say "No" Keep commitments manageable.  Control What You Can Things may not always go…
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Quarterly Vacation Payments to be Transmitted by End of First Week in December

Please be advised that your "December" vacation payments, regardless of whether you are being paid via rapid! PayCard or direct deposit, will be transmitted by the end of the first week in December (December 7th). You should check your balance between December 4th and December 7th to confirm receipt of…
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November is National Family Caregivers Month

*The below information was provided by Memorial Sloan Kettering. Working and Caregiving Around the Clock Most of us will identify with the role of caregiver at some point. Whether it is caring for a child, an ill loved one, or an aging family member, the reality of caregiving is often…
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