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Summary Plan Description
The National Automatic Sprinkler Industry Pension Fund was originally established as a result of the collective bargaining agreements between the National Fire Sprinkler Association and other signatory employers and the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, AFL-CIO. The Plan is financed solely by employer contributions. Employees do not contribute to the Plan.
The Pension Fund is administered by a Board of Trustees made up of an equal number of individuals appointed by the Union and the Employers. They serve without pay. The Pension Fund is a separate trust fund for the purpose of paying the benefits provided under the Plan. The Plan has been qualified by the Internal Revenue Service.
As you read this booklet, you will want to keep the following in mind:
For your convenience, many of the issues addressed in this booklet cross-reference the applicable article or section of the Plan document. These references appear in parantheses throughout the first part of the booklet. The Plan document is available on the Fund's website at http://www.nasifund.org. You can also receive a hard copy of the Plan document by calling or writing to the Pension Fund office.