Sheet Metal Workers National Pension Fund Zone Status

When the fund entered the yellow zone a funding improvement plan fip was adopted and has been periodically updated since its inception.

Sheet metal workers national pension fund zone status.

001 dear participants beneficiaries participating union and contributing employers. Plan participant sign in. The sheet metal workers national pension fund is a defined benefit pension fund. As a defined benefit plan all fund assets are held in one trust for the benefit of all participants.

2019 a nnual f unding n otice. In 2014 the npf emerged from critical status red zone and into endangered status yellow zone and has continued to be certified in that zone each year since 2014. Ein 52 6112463 p lan n o. It provides information regarding the funding status of the npf as well as benefits guaranteed by the pension benefit guarantee corporation and is based on the npf s year ending december 31 2019.

Benefits are paid as a monthly annuity or monthly payment. Sheet metal workers national pension fund. Withdrawal liability valuation as of december 31 2016. All fund assets are held in one trust for the benefit of participants.

The sheet metal workers national pension fund npf or fund is a defined benefit pension fund. Sheet metal workers national pension fund 8403 a rlington b oulevard s uite 300 f airfax v irginia 22031 t elephone 1 800 231 4622 2020 n otice of e ndangered s tatus ein 52 6112463 p lan n. If you are not a participant in the plan or if you are currently receiving retirement benefits from the plan please exit this screen immediately. Red zone status is 490 million.

Sheet metal workers national pension fund 8403 a rlington b oulevard s uite 300 f airfax v irginia 22031 t elephone 1 800 231 4622. The information provided after successful login is for the exclusive use of active participants of the sheet metal worker s national pension fund. This report has been prepared at the request of the board of trustees for the purposes of establishing the basis for withdrawal liability assessments during the january 1 2017 through. The sheet metal workers national pension fund npf has issued its annual funding notice for 2019.

History of the fund. The pension protection act ppa or act signed into law in 2006 and amended by the multiemployer pension reform act of 2014 is intended to improve the financial condition of pension plans.