HOME
ABOUT US
MEMBERSHIP
CIVIL SERVICE
EVENTS
1 LEADERSHIP
1 HISTORY
UA HISTORY
JURISDICTION
FUND OFFICE
TRAINING
RECRUITMENT
ORGANIZING
GOVERNMENT INFO
POLITICAL ACTION
PROMOTIONAL
PHOTO GALLERY
NEWS ARCHIVE
LINKS
VIDEO & RADIO
CONTACT


 

 




Plan Features & Documents  Common Questions  Forms  Contact Us

Vacation and Holiday Fund Common Questions

Welcome to the Plumbers Local Union No. 1 Vacation and Holiday Fund Common Questions page.  Welfare Fund
• 
401(k) Savings Plan
• 
Vacation and Holiday Fund
• 
ASB Fund  
Frequently Asked Questions

  • How does the Plan work?
  • How do I contribute to my Vacation and Holiday Fund account?
  • Designating a Beneficiary
  • If There Is No Beneficiary
  • When can I receive my Automatic Benefit payment?
  • Tax Rules on Automatic Benefit payments
  • What Are Supplemental Vacation Benefits?
  • How Much Does the Supplemental Vacation Benefit Pay?
  • I have made the decision to apply for a Supplemental Vacation Benefits, how do I receive my Benefit?
  • I have made the decision to apply for Automatic Vacation Benefits/W-4 Option, how do I apply?
  • Change of address
  • Were Supplemental Vacation Benefits Recently Increased?
  • How does the Plan work?

    An employee participates in the Plumbers Local Union No. 1 Vacation and Holiday Fund if he or she works in employment covered by a Collective Bargaining Agreement between Plumbers Local 1 and an Employer and the Collective Bargaining Agreement requires the Employer to make contributions to the Vacation and Holiday Fund on his or her behalf.  This is called "Covered Employment".

    Please refer to the Summary Plan Description (SPD) as a tool to help you understand the complete plan of benefits, as well as the eligibility rules. This document can be viewed under Plan Features and Documents or by clicking on the link above.

    How do I contribute to my Vacation and Holiday Fund account?

    A Vacation and Holiday Account will be established for each Employee for whom payments are received by the Fund.  The balance in an Employee’s Vacation and Holiday Account will be determined as of March 31st and September 30th of each year and as of the date of the Employee’s death.

    An employee continues to be eligible for Vacation and Holiday Benefits for each year in which he or she works in Covered Employment.

    Employees should keep track of the hours worked each month.  However, the final determination of an Employee’s Account balance will be based upon contributions actually received by the Fund Office.

    Designating a Beneficiary

    You should have a beneficiary designation form on file with the Fund. This form is available under the “Forms” tab 

    You may designate one or more beneficiaries on the “Beneficiary Form” provided by the Fund.  You may change your beneficiary at any time by filing with the Fund a written change of beneficiary. A designation of beneficiary will become effective only upon its receipt by the Fund .  The last effective designation received by the Fund prior to your death will supersede all prior designations.  A designation of beneficiary will not be effective if the designated beneficiary dies before you.

    You must complete the actual form provided by the Plumbers Local Union Trust Funds. No other form of designation may be used. Completion of forms for the 401(k) Savings Plan, Plumbers & Pipefitters National Pension Fund, or the United Association Burial Expense Benefit does not meet this requirement.

    If you have not provided a designation of beneficiary form to the Plumbers Local Union No. 1 Trust Funds, you should do so without delay.

    If There Is No Beneficiary

    If you have not designated a beneficiary, or if your beneficiary is not living at the time of your death, your account will be paid as described on page 6 of the SPD.

    When can I receive my Automatic Benefit payment?

    Automatic Benefit Payments - Vacation and Holiday Benefits will be paid to Employees automatically two times each calendar year in June and November.  The benefits paid in June each year consist of the balance in the Employee’s Vacation and Holiday Account as of March 31st of that year.  The benefits paid in November each year consist of the balance in the Employee’s Vacation and Holiday Account as of September 30th of that year.  Contributions due before March 31st and September 30th but received by the Fund after that date will be included in the next automatic payment or as Supplemental Vacation Benefits.

    In addition to the two automatic benefit payments in June and November, Supplemental Vacation Benefits are available two times each year as provided below.

    Tax Rules on Automatic Benefit payments

    Special Rule on Automatic Vacation Benefit Payments/W-4 Option Tax Withholdings - The tax withholdings for Automatic Vacation Benefits depends on whether benefits are paid under the Form W-4 option. In addition, the special (often lower) income tax withholdings for Automatic Vacation Benefit payments/W-4 requires that you submit a valid Form W-4 with your application.  See chart and Special rules on page 7 and 8 of the SPD. Also check with your tax advisor to see how electing Automatic Vacation Benefits/W-4 can affect you.

    What Are Supplemental Vacation Benefits?

    Supplemental Vacation Benefits are intended to provide you with the opportunity to receive vacation benefit payments in addition to the two automatic Benefit payments in June and November.

    How Much Does the Supplemental Vacation Benefit Pay?

    Each Supplemental Vacation Benefit payment has a limit of up to $6,000 for each of the two periods described plus any delinquent amounts received by the Fund at time of withdrawal.  Supplemental Vacation Benefits not used in a year may NOT be carried over to a subsequent year. Distributions must be at least $50 and a minimum account balance of $200 must remain following a Supplemental Vacation Benefit payment. 

    You may apply for benefits four times a year, twice in the period from the third Tuesday in July through the first Tuesday in October and twice in the period from the third Tuesday in December through the first Tuesday in May.

    Delinquent Amounts are Employer Contribution amounts that are due on or before March 31st or on or before September 30th that are received by the Fund subsequent to the automatic semi-annual Benefit payment.
    Supplemental Vacation Benefits are deducted from your Account and will reduce the amount of your next automatic Vacation Benefit payment.

    I have made the decision to apply for a Supplemental Vacation Benefits, how do I receive my Benefit?

    You must submit a completed application form indicating the amount requested for Supplemental Vacation Benefits.  You may apply for benefits two times a year, once in the period from January 1st through the first Tuesday in May and once in the period from August 1st through the first Tuesday in October. The Fund Office must receive applications for Supplemental Vacation Benefits no later than the first Tuesday in May or the first Tuesday in October.

    I have made the decision to apply for Automatic Vacation Benefits/W-4 Option, how do I apply?

    You must submit a completed application and valid Form W-4. If a valid Form W-4 is not provided, withholdings will be the same as Supplemental Vacation Benefit Payments. The Fund Office must receive applications and valid Form W-4 for Automatic Vacation Benefits /W-4 Option no later than the last Tuesday in May and October.

    Application forms may be obtained from the Fund Office.  You may also request an application form by phone (718) 835-2700.

    Your application is submitted to the Fund Office at:

    Plumbers Local Union No. 1 Vacation and Holiday Fund
    158-29 George Meany Blvd.
    Howard Beach, NY 11414

    Change of address

    Due to the many important documents that could be mailed to this new address, the Plumbers Local Union No.1 Trust Funds requires that the member in writing must confirm a request for change of address.
     
    Do I need to inform Local 1, the United Association, and Plumbers and Pipefitters National Pension Fund of my new address? Yes, below find the related contact information.

    Plumbers Local Union No.1
    › Address

    158-29 George Meany Blvd, 1st Floor
    Howard Beach, New York 11414
    › Phone
    1 - 718 – 738 - 7500

    United Association Journal
    Complete the UA Journal change of address form.
    Mail your filled out form to:
    › Address
    United Association
    P.O. Box 37800
    Washington, DC 20013

    National Pension Fund
    › Address

    103 Oronoco Street
    Alexandria, Virginia 22314
    › Phone
    1 - 800 – 638 - 7442

    Were Supplemental Vacation Benefits Recently Increased?

    YES-Effective April 1, 2009 Supplemental Vacation Benefit limits were increased from $1,500 to $3,000.  You may also apply for Benefits four times a year effective May 1, 2009, twice in the period from January 1st through the first Tuesday in May and twice in the period from August 1st through the first Tuesday in October.

    Click on "additional info" below to view a copy of the Participant notice.


    additional info
     


     

                                                                 © 2010 PLUMBERS - UA LOCAL 1.
                                                              ALL RIGHTS RESERVED. Powered by UnionLaborWorks