Defined Contribution Plan
When Do I Become a Participant in The Plan?
You become a Participant in the Plan on the first day of the month following the month you work under a Collective Bargaining Agreement that requires your employer to make contributions to the Plan on your hours worked. Because the Plan is first effective July 1, 2018, the initial date of Participation cannot be earlier than August 1, 2018.
The same rules apply to employees who might participate in the Plan under Participation Agreements, such as employees of the Local Union.
Only employees may participate in the Plan. Self-employed individuals and partners cannot participate in the Plan.