It’s never too early to start thinking about your future.
The Painters and Allied Trades Industry Pension Fund is here for you. We have the resources and experience your family’s future. With an IUPAT pension, once vested, you are guaranteed monthly income in retirement.
Create an overview of your retirement, with Pension, Savings and Social Security; will you meet your goals?
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BOARD OF TRUSTEES
The IUPAT Pension Plan Board of Trustees has continued to practice a diligent and proactive approach to making certain the Pension Plan continues to provide the retirement security each and every participant and pensioner have earned while on the job. A direct result of that proactive approach was the Funding Improvement Plan (FIP) launched in 2009. As progress continues to be made in returning the Pension Plan to its pre-recession financial status, the Trustees are introducing modifications to the FIP and Plan design changes, effective January 1, 2018. First and foremost: The IUPAT Pension Plan is not reducing your benefit. As of January 1, 2018, the rules for special early retirement have changed. However, the most important thing to know about these changes is that if you were on track to meet a special early retirement threshold under the old rules, your benefit for that piece of your retirement is grandfathered in, meaning you will not take a reduction on that piece of your pension. Your retirement benefit will consist of two separately calculated time-periods at the time you retire. Your benefits accrued through 12/31/2017 will be calculated under the current Plan rules. Benefits earned after 1/1/2018 will be calculated under the new Plan rules.
James A. Williams, Jr.
Jerry Haber is the Chairman of the Board of W & W Glass, LLC. W & W is a family owned business that started as Haber & Henry Inc. and has a 70-year history in the metal and glass industry. W & W is one of the largest metal and glass companies in the New York metropolitan area and the largest supplier of structural glass in the country.
Haber, a graduate of Rensselaer Polytechnic Institute, was born into the family business and took over as president in 1963. He is the president of the Window and Plate Glass Dealers Association of New York and is a member of the Board of Governors of the Building Trades Employers Association of New York. He is a trustee of the DC 9 Welfare and Annuity Funds.