SECTION XI GENERAL INFORMATION
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1 SECTION XI GENERAL INFORMATION A. General Information B. Joint Board of Trustees C. Reciprocity Agreements D. Merger of the 1199SEIU Health Care Employees Pension Fund for the 144 Hospital Division E. Successors to the National Pension Fund
2 SECTION XI. A GENERAL INFORMATION Plan Name and Address The 1199SEIU Health Care Employees Pension Fund 330 West 42nd Street Fund s Fiscal Year January 1 December 31 How the Plan Is Funded Merger or Consolidation of the Plan or Transfer of Plan Assets Employer Identification Number (EIN) Plan Number 001 Type of Plan Plan Effective Date Payments are made to the Fund by your employer and other Contributing Employers. Your employer s contribution rate is set in your Union contract. It is estimated to adequately meet the cost of benefit payments and administration. Since this is a multiemployer fund, costs for employees of all participating employers are calculated on a pooled basis. If the Plan merges or consolidates with any other Plan, or transfers its assets to any other Plan, your benefits (or accrued benefits) cannot be less than what you would have been entitled to if the Plan were terminated immediately before the merger, consolidation, or transfer Defined benefit pension plan The Plan was originally adopted effective January 1, 1991 and has been amended and restated since then. The most recent amendments are effective Plan Sponsor & Administrator Participating Employers Agent for Service of Legal Process The 1199SEIU Health Care Employees Pension Fund is sponsored and administered by a joint Board of Trustees composed of Union trustees and employer trustees. Employer trustees are elected by the employers on a geographical basis. Union trustees are designated by the Union. The names and addresses of the Trustees appear on page 114, although they may be changed from time to time. The office of the Board of Trustees may be contacted at: Board of Trustees 1199SEIU Health Care Employees Pension Fund 330 West 42 nd Street Phone: (646) The 1199SEIU Health Care Employees Pension Fund will provide you, upon written request, with information as to whether a particular employer is contributing to the Plan on behalf of employees, as well as the address of such employer. Additionally, a complete list of employers and Union locals sponsoring the Pension Plan may be obtained upon written request to the Fund Office and is available for examination at the Fund Office. The name of the individual designated for service of legal process is Chief Pension Officer of the Pension Fund, at the address above for the Plan or on the Board of Trustees at the same address
3 SECTION XI. B JOINT BOARD OF TRUSTEES Norma Amsterdam Yvonne Armstrong Maria Castaneda Secretary Treasurer UNION TRUSTEES Aida Garcia George Gresham President Steve Kramer John Reid District 1199 E-DC 611 North Eutaw Street Baltimore, MD Bruce Richard Neva Shillingford Estela Vasquez Mary Whitten Vice President Michael Cooperman Chief Financial Officer Angela Doyle Patrick Lindsay Joyce Neil
4 Dennis Buchanan New York Methodist Hospital 506 Sixth Street Brooklyn, NY Traci Burch Senior Director Labor Relations and Labor Counsel Rite Aid Pharmacy 30 Hunter Lane Camp Hill, PA EMPLOYER TRUSTEES G. Thomas Ferguson Senior Vice President & Chief of Human Resources New York Presbyterian Hospital 161 Fort Washington Avenue Atchley Pavilion, Room 1458 New York, NY Howard Green Howard Green Consultants 212 Forest Drive Mt. Kisco, NY Michael Rosenblut President & CEO Parker Jewish Institute th Avenue New Hyde Park, NY Drew Swiss Vice President of Financial Operations Montefiore Medical Center 111 East 210th Street Bronx, NY Ira Warm The Brooklyn Hospital 121 DeKalb Avenue Brooklyn, NY Joseph Cabral Senior Vice President, Chief of Human Resources North Shore-LIJ Health System 1111 Marcus Avenue, Suite LL20 Lake Success, NY Eileen Casey Isabella Geriatric Center 515 Audubon Avenue New York, NY Jeffrey Cohen Vice President of Labor Relations Mount Sinai Medical Center 19 East 98th Street, Suite 10A New York, NY Glenn Courounis Lenox Hill Hospital 100 East 77th Street New York, NY Michael Katz 3400 Galt Ocean Drive Suite 1202 South Fort Lauderdale, FL Marc Leff Maimonides Medical Center 4802 Tenth Avenue Brooklyn, NY Bruce McIver President League of Voluntary Hospitals and Homes of New York 555 West 57th Street, Suite 1530 New York, NY Hugo Pizarro Catholic Healthcare System 1249 Fifth Avenue, 9th Floor New York, NY
5 SECTION XI. C RECIPROCITY AGREEMENTS The 1199SEIU Health Care Employees Pension Fund has signed Reciprocity Agreements with the following plans. The purpose of these agreements is to give you Vesting Credit if you change jobs or transfer in or out of the collective bargaining unit. Health Services Retirement Plan Hospital League Pension Plan Long Island Jewish Medical Center Tax Shelter Annuity Brookdale Hospital and Medical Center Salaried Employees Pension Plan Yeshiva University Retirement Income Plan Mt. Sinai Hospital and School of Medicine Tax Sheltered Annuity Plan 1199SEIU Greater New York Pension Fund SEIU Affiliates Plan for Employees SEIU Staff Plan for Employees SECTION XI. D MERGER OF THE 1199SEIU HEALTH CARE EMPLOYEES PENSION FUND FOR THE 144 HOSPITAL DIVISION Effective January 1, 2001, the 1199SEIU Health Care Employees Pension Fund for the 144 Hospital Division (the 144 Fund ) was merged into this Pension Fund ( Merger ). All participants, retirees and beneficiaries of the 144 Fund as of December 31, 2000, were automatically transferred to this Pension Fund on January 1, If you became a participant of this Fund with respect to your 144 Fund service on January 1, 2001, as a result of the Merger, Vesting Service you earned with the 144 Fund as of December 31, 2000, counts toward your Vesting Service under this Pension Fund. If you had a Break in Service between your 144 Fund Service and your service under this Pension Fund, this Fund s Break in Service rules, as interpreted by the Trustees, will be used to determine whether your 144 Fund Vesting Service counts. The Credited Service that you had with the 144 Fund does not count toward determining the amount of your pension earned under this Pension Fund. Starting January 1, 2001, you earn Credited Service under this Pension Fund. Upon your Retirement, if you are Vested as a result of your service in one or both of the Funds, the benefit you receive from this Pension Fund will be the sum of the benefit you earned under the 144 Fund before January 1, 2001, and the benefit you earned under this Pension Fund on or after January 1,
6 SECTION XI. E SUCCESSORS TO THE NATIONAL PENSION FUND For many years, the National Pension Fund for Hospital and Health Care Employees (the Prior Plan ) served participants and beneficiaries in various areas of the country, including New York, Pennsylvania, New Jersey and New England. On January 1, 1991, the Trustees of The National Pension Fund agreed to separate the Fund geographically, and approved the formation of five new regional pension funds: Philadelphia: The Pension Fund for Hospital and Health Care Employees Philadelphia and Vicinity New York: The 1199SEIU Health Care Employees Pension Fund New England: The New England Health Care Employees Pension Fund New Jersey: The District 1199J-New Jersey Health Care Employees Pension Fund Connecticut: Connecticut Health Care Associates Pension Fund All participants, retirees and beneficiaries who had credits with the National Pension Fund on December 31, 1990, were automatically transferred to the Successor Fund for their region on January 1, If you were a participant of this Fund on January 1, 1991, all Credited Service you had with the National Pension Fund for Hospital and Health Care Employees as of December 31, 1990, counts toward your pension in the 1199SEIU Health Care Employees Pension Fund. Starting January 1, 1991, you earn credits with, and receive payments from, this Pension Fund. The 1199SEIU Health Care Employees Pension Fund has Reciprocity Agreements with the other Successor Funds. These Funds may apply to you if you were a participant of one of the other successor Funds on January 1, 1991, and became a participant of this Fund after that date. 120
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