About Us
The Sheet Metal Workers’ Local Union No. 9 Pension Fund was established on July 1, 1967 as a result of collective bargaining agreements between Local 9 and the employer members of Sheet Metal and Air Conditioning Contractors National Association (SMACNA) Colorado Chapter, to provide retirement and pre-retirement death and disability benefits to eligible participants.
The Plan is financed entirely by employer contributions as specified in the collective bargaining agreements – participant contributions are not permitted – and is a multiemployer defined benefit pension plan subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended.
Currently, participants are eligible for a regular pension if they have accumulated five years of eligible participation (vesting) in the Plan and have reached the normal retirement age of 65. The Plan also provides early retirement and service pensions to eligible participants based on age, pension credits, not working in prohibited employment, and vesting service. Pre-retirement death benefits are provided for surviving spouses or beneficiaries of deceased participants who had attained vesting status.
Please refer to the Summary Plan Description for more complete information.