Making Contributions to the Southern California Pipe Trades Defined Contribution Fund provides the Employee with retirement savings that are in addition to the traditional pension benefits and Social Security income.

Employees working under a District Council #16 Collective Bargaining Agreement that permits participation, may elect to save a portion of their hourly wage under the terms of the Defined Contribution Plan.

401(k) Contributions are pre-tax deductions from wages in an hourly amount elected by the Participant. The rate remains in effect until the Participant changes it. The Employer withholds 401(k) Contributions from pay and sends them to SCPTAC, which in turn forwards the contributions to the Plan’s recordkeeper.

401(a) Contributions are Employer contributions to the Plan only if required by the Collective Bargaining Agreement. 401(a) Contributions are also known as “Employer Contributions” and “Non-Elective Contributions”.

The Collective Bargaining Agreement determines the amount contributed, if any.

For further information, please refer to the Summary Plan Description(s).

Summary Plan Description - Nov 06
(SPD includes Supplements #1 through #8)

Supplement #9 - Apr 07
(Non-Spouse Beneficiary Rollovers)

Supplement #10 - Jun 08
(New Fund Recordkeeper)

Supplement #11 - Oct 08
(Definition of Spouse)

Supplement #12 - Sept 09
(Waiver of Minimum Required Distributions for Calendar Year 2009)

Supplement #13 - Oct 09
(Fund Merger, New Fund Addtion, and Change in Default Investments)

Supplement #14 - Oct 09
(Rollover of Distribution from the Plan to a Roth IRA)