Summary Plan Description
The purpose of this booklet is to provide a summary of the provisions
and benefits of The Steamfitters’ Industry Supplemental Retirement Plan. The benefits summarized in this booklet are effective as of the
printing of this document. However, the provisions of the Plan document
govern the payment of all benefits and the full Plan text should be
consulted if you have any questions regarding your benefits. A copy of
the Plan text is available for your inspection and copying at the Fund
Office.
Introduction
The Trustees of the Steamfitters’ Industry Supplemental Retirement
Fund (the "Fund") are proud to announce an additional means of providing
for your retirement security and for certain hardships you may
encounter prior to retirement. The Steamfitters’ Industry Supplemental
Retirement Plan is a defined contribution plan under which employer
contributions will accumulate in an individual account established in
your name. The Plan permits you to design and direct an investment
program for your account balance which will reflect your individual
needs and investment perspective.
The important features of the Plan are described in this booklet,
which you should read carefully and retain for future reference.
However, this booklet is only a summary of the Plan’s principal
provisions. While every effort has been made to insure that it is
accurate, if there is any conflict between this document and the Plan
text, the full text of the Plan is controlling. A copy of the full plan
text is available upon request.
If you have any questions which are not answered by the material
contained in this booklet, we encourage you to contact the Fund Office
or any of the Trustees. If your question relates to investment options,
you may also contact John Hancock at 1-800-294-3575. This
new Fund will serve you best if you take an active part in understanding
the Plan’s options and in managing your Plan account, and we encourage
you to do so.
Supplemental Retirement Summary Plan Description