Summary Plan Description (Revised January 1, 2012)

Past Service

Past service refers to covered service in Western or Central Washington before this plan existed. If you worked as a union carpenter in this geographic area between 1950 and 1959, you may be entitled to past service. One year of past service is earned for each continuous year of service performed immediately prior to 1960, up to a maximum of ten years. Continuous service is broken in any calendar year in which you work less than 500 hours. Each year of past service adds $4.00 to your total monthly benefit. To qualify for past service you must have at least 750 hours reported to one of the following trusts sometime in the calendar years 1957–1959: the Carpenters Health and Security Trust Fund; the Home Builders and Carpenters Health and Security Trust Fund; the Home Builders Security Trust Fund of the State of Washington; or the AGC Security Plan. For example, if you worked continuously as a union carpenter between 1955 and 1959 and satisfy the activity test described above, you would be entitled to five years of past service. Five years of past service adds $20.00 to your total monthly benefit at retirement. 

Calculations
5 Years of Past Service x $4.00 = $20.00 Monthly Benefit