Medical, Pension and Savings
The Greater Pennsylvania Carpenters' Medical Plan (a
trust) was formed in 1964 under an agreement, as
amended, between the Greater Pennsylvania Regional
Council of Carpenters' and certain employer
associations. The agreement provides, among other
things, for employers of members to contribute various
amounts for each hour worked or a percentage of gross
A plan of insurance provides for death, disability,
hospital, surgical, medical and other similar benefits
for members participating in the Plan.
Administrative services are provided by Carpenters'
Combined Funds, Inc., a corporation created by the
Greater Pennsylvania Carpenters' Pension and Medical
Few goals are more important than providing for a
financially secure retirement. That is why your union -
The Greater PA Regional Council of Carpenters -
sponsors the Pension Fund. The Plan is designed to
provide you with retirement income for life based upon
your length of service with participating employers and
contributions made by employers on your behalf. When
your pension benefit is combined with Social Security
and your personal savings, it offers valuable financial
security for your retirement years.
Through negotiation with the Union, your employer has
agreed to contribute on your behalf to the Greater
Pennsylvania Carpenters' Annuity and Savings Fund. These
contributions are held in an individual Account on your
behalf, and you direct how your Account is invested.
Your Account is payable upon your retirement, death,
disability or termination of employment. In addition,
in-service withdrawals are available for certain prior
year contributions and in the event of your financial
The Greater Pennsylvania Carpenters' Annuity and Savings
Fund is a self-directed retirement fund. Information
about your account can be obtained
online or by phone at 1-800-374-4631.