Northwest Carpenters Health and Security Plan

Amendment and Termination 

In order that the plan may carry out its obligation to maintain, within the limits of its resources, a program dedicated to providing the maximum possible benefits for all participants, the Board of Trustees expressly reserves the right, in their sole discretion at any time and from time to time, but upon a nondiscriminatory basis, to:

  • Terminate or amend either the amount or condition to eligibility with respect to any benefit even though such termination or amendment affects claims which have already accrued;
  • Terminate the Trust or this plan even though such termination affects claims which have already accrued, as permitted by the Trust Agreement;
  • Alter or postpone the method of payment of any benefit;
  • Construe the provisions of the plan and to determine any and all questions pertaining to administration, eligibility, and benefit entitlement, including the right to remedy possible ambiguities and inconsistencies or omissions. Any construction or determination by the Trustees made in good faith shall be conclusive on all persons affected thereby; and
  • Amend or rescind any other provisions of this plan.

Last Updated: 04/25/2023