Notices
Find the latest updates and important news concerning your Annuity Fund.
Notices
- SECURE 2.0 Act of 2022 SMM (10-18-24)
- Annuity Fund Summary Plan Description (SPD) (2024)
- 6/23/2023 Notice re Plan Deadlines Due to End of COVID-19 Pandemic
- 2021 Annuity Fund Summary Annual Report
- 2020 Annuity Fund Summary Annual Report
- 4/8/2021 Notice COVID-19 Extension Deadlines Updated Notice
- 2019 Annuity Fund Summary Annual Report
- 2018 Annuity Fund Summary Annual Report
- 2017 Annuity Fund Summary Annual Report
- 2016 Annuity Fund Summary Annual Report
- 2015 Annuity Fund Summary Annual Report
- 2014 Annuity Fund Summary Annual Report
- 2013 Annuity Fund Summary Annual Report
- 2012 Annuity Fund Summary Annual Report
- Hurricane Sandy Emergency Relief Loan
- 2011 Annuity Fund Summary Annual Report
- 2010 Annuity Fund Summary Annual Report
FAQs
What are the acceptable reasons for taking a loan from my Annuity Fund account?
In certain cases, you can take out a loan from your Annuity Fund account. Reasons to take out a loan include:
- Buying or fixing a principal residence
- Medical bills that are not reimbursed by medical insurance
- Educational expenses (tuition) at an accredited school, including vocational school, at any level
- Expenses incurred for the legal adoption of a child
- Funeral expenses incurred because of the death of your Spouse or a dependent child
You are eligible to apply for a loan if you are actively employed by a Contributing Employer, and you have been so employed for at least three years. You may have only one loan outstanding at a time. An outstanding loan balance (active or defaulted) must be paid in full prior to applying for a subsequent loan (except those loans that were defaulted prior to January 1, 1996). The maximum loan amount is the lesser of $50,000 or 50% of your account balance.
For more information, please go to the Annuity Fund section of this site.