Summary Plan Description

Statement of Purpose

Dear Participant, Retiree and Family:

The Carpenters Health and Security Plan of Western Washington became effective January 1, 1960. The plan was designed to assist you and your eligible dependents with medically necessary expenses incurred as a result of a non-occupational illness or injury.

The plan is funded by employer contributions called for under collective bargaining agreements and written contribution agreements, and investment earnings thereon. Self-payments are also made for continuation coverage and retiree coverage. Funds are deposited into a tax exempt, nonprofit trust which is administered by the Board of Trustees. The benefits provided by the plan are self-insured, except for life insurance and accidental death and dismemberment benefits which are insured with a company authorized to do business in the State of Washington. The risk of a large and unforeseen expense is shared with all plan participants. Since contributions and investment earnings are the only source of funds for plan benefits, the cost of this coverage now and in the future is directly related to the overall costs of health care and the overall cost of this plan. It is important, therefore, that everyone is a prudent user of health care services and that everyone avoid unnecessary services, when possible, to reduce the overall costs of the plan.

The Employee Retirement Income Security Act of 1974 (ERISA) requires the plan to provide you and your eligible dependents with this summary plan description. The plan's rules on eligibility, benefits, and the circumstances that may result in disqualification, ineligibility, denial, loss, forfeiture, or suspension of any plan benefits are described in the sections of this plan booklet. In all circumstances, the terms of this plan booklet govern. This restated plan booklet, which is effective April 1, 2017, includes changes adopted by the Board of Trustees since the last booklet. We encourage you to read this booklet carefully. Please contact Carpenters Trusts if you have questions or concerns about the information you read.

Board of Trustees
Carpenters Health and Security Trust
of Western Washington