Plumbing and Steamfitting the Hudson Valley

Annuity Fund

The Plumbers and Steamfitters Local 21 Annuity Fund is a “profit-sharing” retirement plan that provides defined contribution retirement benefits to all Local 21 members.   In contrast to your Pension Fund, the Annuity Fund is an account-based retirement plan similar to a 401(k), except that only employers make contributions to participant accounts at hourly rates determined by the applicable Collective Bargaining Agreement.  Furthermore, the Annuity Fund is a “participant-directed” fund, which means that participants may choose from an endorsed selection of investments to invest their accounts based on their own needs and risk tolerance.  In addition to retirement benefits, the Annuity Fund provides termination, loan and hardship benefits.

Click on the links below for important information about your Local 21 Annuity Fund benefits.

Plan Information
Notifications & Disclosures