Welcome to Plasterers Local Union 31
Please choose your jurisdiction:

SECTION 2.0 - INFORMATION REQUIRED BY ERISA

  1. Name of Plan: Plasterers Local 31 Pension Plan.

  2. Internal Revenue Service Employer Identification Number (EIN): 25-6130880

  3. Plan Number: 001

  4. Plan Established and Maintained by:


    Board of Trustees
    Plasterer Local 31 Pension Plan
    C/O O.P. & C.M.I.A Combined Funds of Western PA, Inc.
    1900 Andrew Street, Suite 202
    Munhall, PA 15120
    Telephone: (412) 464-2851 ext. 11
    Toll Free: (800) 628-7914
    Fax: (412) 461-9923
  5. Type of Pension Plan: The Plasterers Local 31 Pension Plan is referred to as a defined contribution plan.

  6. Type of Administration of the Pension Plan: The plan is administered and maintained by the Joint Board of Trustees for the Plasterers Local 31 Pension Plan.

  7. Plan Administrator: The Board of Trustees are responsible for the overall administration of the Plan. However, for the purpose of processing certain reports and records, the Trustees have retained the services of O.P. & C.M.I.A Combined Funds of Western PA, Inc.

  8. Agent for Service of Legal Process: Service of Legal Process may be made on the Plan Administrator (Board of Trustees) or the person designated below:


    Board of Trustees
    C/O O.P. & C.M.I.A Combined Funds of Western PA, Inc.
    1900 Andrew Street, Suite 202
    Munhall, PA 15120
    Telephone: (412) 464-2851 ext. 11
    Toll Free: (800) 628-7914
    Fax: (412) 461-9923
  9. Name, Title and Address of Principal Place of Business of each Trustee:


    MANAGEMENT TRUSTEES
    Mr. David Balmert
    P.O. Box 33
    Oakmont, PA 15139

    Mr. Fred Episcopo
    4545 Campbells Run Road
    Pittsburgh, PA 15205
    UNION TRUSTEES
    Mr. Doug Taylor
    1900 Andrew Street
    Munhall, PA 15120

    Mr. Shawn Potts
    1900 Andrew Street
    Munhall, PA 15120
  10. Collective Bargaining Agreements: This plan is maintained pursuant to a collective bargaining agreement between Plasterers’ Local Union #31 and the various participating employers. You may obtain a copy of the collective bargaining agreement by writing to the plan administrator or you may examine it at the Fund Office.

  11. Sources of Contributions: This plan is funded through contributions by the employers on behalf of their employees, under the terms of a collective bargaining agreement and by investment income earned on a portion of the Fund's assets.

  12. Statement of Plan Termination Insurance: The Pension Benefit Guaranty Corporation (PBGC) insures benefits under this plan if the plan terminates. Generally, the PBGC guarantees most vested normal age retirement benefits, early retirement benefits and certain disability and survivor pensions. However, PBGC does not guarantee all types of benefits under covered plans, and the amount of benefit protection is subject to certain limitations.

  13. PBGC: The PBGC guarantees vested benefits at the level in effect on the date of plan termination. However, if a plan has been in effect less than five years before it terminates, or if benefits have been increased within the five years before plan termination, the whole amount of the plan's vested benefits or the benefit increases may not be guaranteed. In addition, there is a ceiling on the amount of monthly benefit that PBGC guarantees, which is adjusted periodically.

  14. PBGC Insurance Protection: For more information on the PBGC insurance protection and its limitations, ask your Plan Administrator or the PBGC. Inquiries to the PBGC should be addressed to:


    Office of Communications
    PBGC
    P.O. Box 151750
    Alexandria, VA 22315

    The PBGC Office of Communications may also be reached by calling (800) 400-7242.


    Under ERISA, the insurance described above does not apply to multi-employer plans until July 1, 1979. If a multi-employer plan terminates prior to that date, PBGC may at its discretion extend coverage, but only under specific conditions set forth in ERISA.

  15. Funding Medium for the Accumulation of Plan Assets: Assets are accumulated and invested by the registered financial advisor, which is currently Fifth Third Bank Advisors, Inc.

  16. Date of the Plan's Fiscal Year End: December 31.


Termination of the Plan: It is the intention of the Union and the Employers that this Plan shall be continued indefinitely. If the Plan were to be terminated by the Trustees, the accrued benefits are non-forfeitable and would be payable upon retirement, death or termination of employment in accordance with the Plan provisions.