Requirements for Participation
You enter the Steamfitters’ Industry Supplemental
Retirement Plan (called the "Plan" in this booklet, but also
referred to as the defined contribution or "DC" Plan)
automatically when the Fund receives a contribution on
account of your service in Covered Employment. There is no
waiting period or age requirement to enter the Plan.
Covered Employment includes any employment for which an
Employer has agreed to contribute to the Fund under a
collective bargaining or other agreement which requires such
contributions. Under special agreements, the Plan also
covers the salaried, elected officials of the Union and
salaried instructors in the apprenticeship program operated
by the Steamfitters’ Industry Educational Fund.
If you have any questions about whether a particular
employer is required to contribute to the Fund, contact the
The Fund Office will advise you of whether a particular
employer is contributing to the Plan, and provide the
employer’s address, upon receipt of your written inquiry.
Also, a copy of the Trade Agreement and a list of
contributing employers are available for examination by Plan
participants and beneficiaries at the Fund Office or the
Union Office, and a copy of the Trade Agreement or the list
of contributing employers can be obtained upon written
request to the Executive Administrator, Mr. Driscoll.
How to Become a Participant
You are automatically enrolled in the Plan as soon as the
Fund receives a contribution on your account. At that time,
if you have not already done so, you will be asked to
provide some personal information, designate a beneficiary
to receive any benefits which may be payable in the event of
your death, and make an election of the investment funds in
which you want Plan contributions on your account to be
If you do not make an investment election, contributions
on your behalf will be invested in one of the
professionally diversified JP Morgan Smart Retirement Target
Date Funds that are most appropriate for your age.
If you are married, you must designate your spouse as
your beneficiary unless your spouse consents to your
designation of someone else in a written statement which is
notarized. If you do not designate a beneficiary, any
benefits payable upon your death will be paid to your
surviving spouse, or if none, to your estate.