Annuity Plan

Log into your Member Portal to update your address, or

Complete this pdf form to update your address and return it to Carpenters Benefit Office.

Address Change Form (PDF)

All members accruing annuity benefits under our plan need to complete an annuity beneficiary designation form to name a beneficiary in the event of death. Complete this form if you are married.

Annuity Beneficiary Designation Form Married Participant (PDF)

Annuity Beneficiary Designation Form Married Participant (Spanish PDF)

The Annuity Beneficiary Form for married participants may be completed online using our Member Portal.

All members accruing annuity benefits under our plan need to complete an annuity beneficiary designation form to name a beneficiary in the event of death. Complete this form if you are single.

Annuity Beneficiary Designation Form Single Participant (PDF)

Annuity Beneficiary Designation Form Single Participant (Spanish PDF)

The Annuity Beneficiary Form for single participants may be completed online using our Member Portal.

To be eligible for a standard distribution, you must meet one (1) of the following requirements:

1. Attained Normal Retirement Age, which is the later of age 62 or the fifth anniversary of your participation in the Annuity Plan,
2. Any age, provided that the Participant is 100% vested in the Participant’s Individual Account and provided that the Participant has commenced a lifetime pension from the Carpenters Pension Trust Fund of St. Louis, the Carpenters Pension Trust Fund of Kansas City, the Carpenters Pension Trust Fund of Illinois, or the Kansas Construction Trades Open End Pension Trust Fund,* or
   *There may be an additional tax liability for any benefits received before reaching age 59½
3. To be found Totally and Permanently Disabled by the Social Security Administration.

Your Annuity Standard Application must be received in our office on or before the 10th of the month prior to the month you would like to receive your withdrawal.

Annuity Standard Application (PDF)

Federal W4-R (PDF)

Annuity Standard Application (Spanish PDF)

The Annuity Standard Application may be completed online using our Member Portal.

You may request a withdrawal of up to 25% of your Individual Account’s vested balance as an in-service distribution because of an immediate and heavy financial need. To be eligible for a hardship distribution, you must meet all of the following requirements:

1. Have been a participant in the Plan for at least 3 years
2. Apply in writing in a form acceptable to the Trustees
3. Provide documentary substantiation of the need, subject to satisfaction of the Trustees
4. Obtain spouse’s written consent to the requested distribution, and
5. Have a need that is one of the following:
   • Medical: Expenses of at least $5,000 incurred by the participant or any covered dependents (as defined by the St. Louis-Kansas City Carpenters Regional Health Plan), which the Participant is obligated to pay
   • Burial or Funeral: Expenses of up to the lesser of $13,000 or 25% of the Participant’s vested account balance for the Participant’s deceased parent, spouse, children or dependents (as defined in IRC §152).

Your Annuity Hardship Application must be received in our office on or before the 10th of the month prior to the month you would like to receive your withdrawal.

Annuity Hardship Application (PDF)

Annuity Hardship Application (Spanish PDF)

The Annuity Hardship Application may be completed online using our Member Portal.

To be eligible to rollover your annuity balance from another UBC Annuity Plan into the St. Louis-Kansas City Carpenters Annuity Fund, you will need to complete the Rollover Authorization Form linked below. Please contact your other Annuity Plan(s) Fund Office(s) for their rules regarding eligibility to withdraw benefits.

Please note Step 4 on page 2 is asking for the signature of a Plan Representative from the other Annuity Plan.

Annuity Plan Incoming Rollover Authorization Form (PDF)

Checklist for submitting a Qualified Domestic Relations Order (QDRO).

QDRO Checklist for Annuity Plan benefits

Sample Qualified Domestic Relations Order (QDRO) for members who have earned Annuity benefits under the St. Louis-Kansas City Carpenters Regional Annuity Plan.

Sample QDRO – Annuity Plan