DISTRICT COUNCIL 37 AFSCME ANNUITY FUND 2025

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The document is a benefit application form for the District Council 37 AFSCME Annuity Fund, requiring members to provide personal information, employment history, and select a type of disbursement. It includes instructions for completion, notarization, and submission of the application.

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What is a laborers annuity fund?

As a participant in the Laborers Annuity Fund, you can receive an Annuity benefit that will provide you with income when you stop working at retirement age. This benefit is based on contributions made to your individual account in the Annuity Fund by your employer on your behalf.

What is the difference between an annuity and a pension union?

Pensions and annuities are different retirement income options. Pensions are typically funded by your employer, while annuities are insurance products you purchase. With a pension, you may receive a lump sum or an annuity, meaning youll receive regular payments for life.

What is the District Council 37 Afscme annuity fund plan?

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.

What is the death benefit for retirees in DC 37?

The retiree Death Benefit for the Cultural Trust remains at $1,000. The Death Benefit is paid to the person or persons selected by the member on his/her enrollment card or Change of Beneficiary card filed with the Plan office.

What is an annuity in a labor union?

The Annuity Plan provides you with a valuable supplement to other retirement income. All contributions to the Annuity Plan come from your employer, based on the collective bargaining agreement between the Union and your employer, and are automatically credited to your account.

dc37 annuity fund withdrawal form

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Does DC 37 have pension?

The District Council 37 AFSCME Annuity Fund Plan is a defined contribution employees pension plan.

Does Afscme have a pension plan?

Defined benefit pension plan (jointly paid) 401(k) savings plan. Full employer-paid life insurance and accidental death benefits. 3 weeks earned vacation per year.

DISTRICT COUNCIL 37 AFSCME ANNUITY FUND 2025

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Got questions?

What is a laborers annuity fund?

What is the difference between an annuity and a pension union?

What is the District Council 37 Afscme annuity fund plan?

What is the death benefit for retirees in DC 37?

What is an annuity in a labor union?

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Does DC 37 have pension?

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dc 37 annuity fund withdrawal form

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