Carpenters Retirement Plan
Carpenters Retirement Plan
The Carpenters Retirement Plan is one of two pensions in your benefit package. It is a “defined benefit” plan, which means it provides a lifetime monthly income at retirement. You earn money toward your benefit every hour you work for a contributing employer. The more you work, the greater your lifetime monthly benefit. The normal retirement age is 65, and vesting requirements apply. The benefit amount is reduced if you choose to provide a continuing income for your spouse and may be reduced for early retirement.