The Southern California Pipe Trades Vacation & Holiday Fund provides a Participant with cash benefits during his working years, especially for vacation and holiday expenses.

If an Employee works under a District Council #16 Collective Bargaining Agreement or certain Participation Agreements, and his Employer makes Contributions to the Fund on his behalf, he will receive benefits for those Contributions in accordance with the rules and regulations of the Plan.

Normal Benefit Option

The default benefit option provides for three benefit payments:

Holiday Benefit

• Payment made in December
• 30% of the individual account balance as of November 30th (hours reported through work month of October)

Vacation Benefit

• Payment made in April
• The remaining 70% of the individual account balance as of November 30th of the prior year

Interim Withdrawal

• Entire balance of the individual account is paid
• Only one Interim Withdrawal permitted per calendar year
• Employee must submit an Interim Withdrawal Form

Monthly Benefit Option

Effective January 1, 2010, a Participant may elect to have his benefit paid monthly via direct deposit (ACH transfer) to his bank account.

• The fee for the Monthly Benefit option is $0.10 per hour distributed, which will be deducted at the time of distribution.
• Participants who choose the Monthly Benefit option will have no interim withdrawal option.
• The Monthly Benefit payment will only be made via direct deposit to a bank account of which the Participant is the owner or a co-owner. No Monthly Benefit payments will be made via check, or to any party other than the Participant.
• An application form which includes a voided check (or deposit slip in the case of a savings account) must be received by the Trust Fund Office by the 20th day of the month in order for monthly direct deposit to begin the following month.

For further information, please refer to the Summary Plan Description and Supplement #6 thereto, and to the Monthly Benefit Election form available for download on this page, from the Trust Fund Office at the address and phone numbers listed below, or from your Local Union office.