Tucson Finance

Aug 25 2017

DC 37 Benefits: Annuity Fund Plan #annuity #fund, #annuity, #dc #37 #annuity #fund #plan


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The District Council 37 AFSCME Annuity Fund Plan is a defined contribution employees’ pension plan. It is funded by Employer contributions made pursuant to collective bargaining agreements between District Council 37 and agencies and subdivisions of the City of New York and other government entities. DC 37 adopted the Plan on October 1, 1999. The Plan and the Annuity Fund are intended to satisfy the tax qualification requirements under sections 401(a) and 501(a) of the Internal Revenue Code as a governmental retirement plan. The Plan Year is July 1 to June 30.

Your benefit under the Plan is based on Employer contributions allocated to your account, plus earnings and losses thereon, and your allocable share of expenses. You are at all times vested in your benefit under the Plan. Your benefit is available for distribution from the Annuity Fund upon your termination of employment with an Employer who contributes, has contributed, or is required to contribute to the Annuity Fund for any reason, including retirement or death.

Annuity Fund seeks missing members

The DC 37 Annuity Fund is trying to locate participants with outdated addresses. Click below to view a list of missing individuals. If you are on the list, please contact the Annuity Fund through its inquiry line at 212-815-1888. If anyone you know is on the list, please refer them to the fund. To read more, click here .

List of Annuity Fund participants with outdated addresses (PDF format*)

Amendment to the DC 37 Annuity Fund Plan (Rollovers)

For more information on Amendment to the DC 37 Annuity Fund Plan (Rollovers), click here . (PDF format*)


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