The
Pension Plan is a defined benefit pension plan which was established
on July 3, 1958 by the Trustees of the Pension Fund, composed
of Employer Trustees representing employers in the Industry and
Employee Trustees representing various Carpenters and Millwright
Local Unions and District Councils in the State of New Jersey.
The funding medium is a trusted Pension Fund which was established
on July 23, 1958.
The
New Jersey Carpenters Pension Fund is administered by a joint
Board Of Trustees consisting of an equal number of employee-designated
trustees and employer-designated trustees. These Trustees are
responsible for the administration of the Pension Fund in accordance
with the Plan, and their decisions are final. George R Laufenberg
is the Administrative Manager of the Plan. The Plan's fiscal year
ends December 31.