The Northeast Regional Council of Carpenters works for all of its members to provide them with a good, livable wage, healthcare that's there for them and their families in times of need and retirement funding to help our carpenters retire with dignity.
Below are some of the benefits our Union carpenters receive:
The Union carpenters' pension plan is a defined benefit plan to provide retirement benefits for our members and their families. Our Pension Plan provides a monthly benefit to eligible members after retirement to help supplement Social Security and personal savings. Pensions are funded by participating employers who contribute hours worked under a labor contract or participation agreement. No contributions are required from Participants themselves and none are permitted.
The Northeast Regional Council of Carpenters provides health coverage to all eligible and active members. Health insurance may vary based depending on the Council region's Collective Bargaining Agreement
The Annuity Plan, a defined contribution Plan, was agreed upon as a result of the Collective Bargaining Agreements between the Unions of the United Brotherhood of Carpenters and Joiners of America and Employers. The monetary contributions are made to your account by your employer and are usually based on the hours you work. Annuity Plans vary based on the Council region's specific Collective Bargaining Agreement.
Life Insurance & Death Benefits Through the Funds.
Northeast Regional Council of Carpenters provides eligible, active members with MetLife Basic Term Life insurance coverage in the amount of $2,500 – at no cost to you, and no medical questions asked. This benefit is paid by the NRCC Member Assistance Program. This lump-sum payment to your designated beneficiary(ies) can provide temporary assistance in their time of need. Our extended death benefit provision provides Life insurance protection to a totally disabled member for one year after the termination of employment. (*Details are outlined in member policy).
Membership Assistance Program (MAP)
Our members have the opportunity to apply for membership assistance through our Membership Assistance Program (MAP). Under this program, members can qualify for assistance with dues or costs incurred as a result of a catastrophic life event. Below are a few examples of incidents in which our members can apply for membership assistance: Out of Work Dues Assistance; Disability Injury Dues Assistance; and Hardship Disaster Relief. For more information on our Membership Assistance Program click here.
The Vacation Plan was agreed upon as a result of the Collective Bargaining Agreement between the Unions of the United Brotherhood of Carpenters and Joiners of America and signatory Employers. A percentage of every hour worked by our Union carpenters is put into a fund that can be paid out to them during the month of May or during the first 3 weeks in December. In New Jersey, our carpenters also have the option of placing these funds into a credit union account which can be withdrawn at any time with certain stipulations.