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PENSION FUND
PENSION FUND
Important Documents & Notices
Summary Plan Description
The SPD summarizes the key provisions of the Plan and includes important information about your benefits from the Plan.
Summary of Material Modifications (SMM)
The SMMs include additional information and changes to the Plan that are not included in the most recent Summary Plan Description.
Annual Funding Notice (AFN)
The Annual Funding Notice informs pension plan participants about the financial status of the pension plan.
Pension Fund
Change of Address Form*
Change of Name Form*
Direct Deposit Authorization Form*
Federal Form W-4P
Medicare Premium Reimbursement Direct Deposit Form*
Common Forms
Beneficiary Designation FormChange of Address Form*
Change of Name Form*
Direct Deposit Authorization Form*
Federal Form W-4P
Medicare Premium Reimbursement Direct Deposit Form*
*To request any form marked with an asterisk please contact the Fund Office at (847) 827-1029 or access the form through the secure Member Portal.
PENSION FUND
Frequently Asked Questions
Complete a Change of Address Form. You may print and complete the form, or you may contact the Fund Office and a form will be mailed to you. You may also complete the form online through the MemberXG portal. Information on how to access the portal can be found here.
Complete a Change of Name Form. You may print and complete the form, or you may contact the Fund Office and a form will be mailed to you.
To apply for your pension, you will need to request an Application for Benefits from the Fund Office. You should apply for your pension at least 90 days prior to your retirement date. Please complete the forms and mail along with any noted required documentation to the Fund Office.
To become fully vested in the Roofers’ Pension Plan, you must have 5 years of vesting credits. A vesting credit is earned for each calendar yearin which at least 800 hours of covered employment are worked.
There are several different ways to retire including a Normal, Early (Reduced and Un-Reduced), Deferred and Disability Retirement. Please contact the Fund Office to see what you may qualify for.
If you meet certain criteria defined in the health Summary Plan Description, you and your family may be eligible to participate in the Plan’s Retiree Health Coverage or be entitled to continuation of coverage through COBRA. Please contact the Fund Office for your options for continuing health coverage. Eligible Retirees that are under the age of 65 may be entitled to receive Retiree Coverage under Plan 2 or Plan 3. Eligible Retirees that are 65 or over may be eligible for the Plan’s MAPD program. If you are eligible for MAPD coverage, you must be enrolled in Medicare Parts A and Part B. The Plan does reimburse MAPD participants for 50% of their Medicare Part B amounts. Before you turn 65, you will be contacted by RetireeFirst to help with your enrollment.
Eligible retirees and their spouse, under age 65 may be eligible for Pre-Medicare Retiree Plan II or Plan III based on how many hours you worked before retiring. Contact the Fund Office for more information. Eligible retirees and their spouse, that are 65 and over, may be eligible for the MAPD plan. The Fund has contracted with RetireeFirst to assist all members enroll in this coverage plan. You must have signed up for Medicare Parts A and B to enroll. The Fund is reimbursing eligible members and their spouse for 50% of their Medicare Part B premium. To enroll or if you have questions about the MAPD Program, please contact RetireeFirst at 630-214-9636 or toll free at 855-430-7104. Click here for the most recent announcement letter and FAQ. If you choose to Opt Out of the MAPD Plan, you will not have medical and prescription drug coverage through the Fund and you will not be able to enroll at a later date. You also will not be eligible for any reimbursement of your Medicare premiums.
To change the account to which your pension payment will be Directly Deposited, complete a Direct Deposit Authorization Form or Medicare Premium Reimbursement Direct Deposit Form and return it to the Fund Office.
If you should ever wish to change your account, we will need at least 30 days advance notice.
To change the amount of Federal Income Tax withheld from your pension payment, complete a W4-P Federal Tax Withholding Form and return it to the Fund Office.
There are two types of benefits that may be payable if you pass away prior to receiving benefits from the Plan: a Survivor Pension or a Spouse Pension.
- • Survivor Pension applies if you pass away within two years of when you last worked in Covered Employment. The Survivor Pension is payable to your surviving Spouse and is payable monthly, beginning with the first day of the month after your death, and will continue for the lifetime of your Spouse. In addition, after your Spouse's death (or if you are not married, at the time of your death), the Survivor Pension is divided equally among your surviving dependent children. The amount of this Survivor Pension generally is equal to 50% of your full Normal Pension, calculated as if you had retired on your date of death. However, if your Spouse is more than 5 years younger than you, the amount will be further reduced because of the longer expected payment period.
- • Spouse Pension applies if you pass away more than 2 years after you last worked in Covered Employment. The Spouse Pension is payable monthly to your surviving Spouse, beginning with the first day of the month after your death or, if later, the first day of the month after the date you would have attained age 55. This benefit will be payable to your Spouse for their lifetime. No benefit is payable if you are not married at the time of your death. The amount of the Spouse Pension is the same as the pension that would have been payable to your spouse, had you retired under the 50% Joint and Survivor Pension on the day of death or when you would have been age 55, whichever is later. The 50% Joint and Survivor Pension automatically considers your age, had you survived, and your Spouse's age at the time benefits commence to your Spouse.
Your pension credits or benefits can be divided as a result of a divorce. However, before the Pension Fund can pay a portion of your benefits to another individual, we must receive a Qualified Domestic Relations Order. This is a court order, which requires the Pension Fund to pay a portion of your benefits to either an ex-spouse, or the clerk of courts for child support. If you divorce, you must contact the Fund Office to ensure your benefits are paid properly. A copy of the Fund’s procedures for handling QDROs will be provided to you, free of charge, upon request. If you have questions about QDROs, please contact the Fund Office.
If you have any questions about your eligibility, benefits or claims, contact the Fund Office at (847) 827-1029.