What are the guidelines to retire with medical benefits?

January 9, 2014

To be eligible for Welfare coverage as a Retiree, you must satisfy one of the three requirements below:

• You have reached the age of 55 and earned a minimum of 30 Vesting Credits with the New York City District Council of Carpenters Pension Fund (“Pension Fund”).

• You have reached the age of 55, earned at least 20 Vesting Credits under the Pension Fund and, during the 60-month period immediately preceding the effective date of your pension, you are eligible as an Active Employee for at least 24 months; or

• You have reached the age of 55, have 25 years with at least 250 hours worked in Covered Employment, have earned at least 15 Vesting Credits under the Pension Fund and during the 60-month period immediately preceding the effective date of your pension, you are eligible as an Active Employee for at least 24 months.