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  > If You Retire

Health Benefits Fund
If you retire on or after April 1, 1995, with a Service, Normal, Early or Disability Pension and meet the Plan’s other eligibility requirements, you and your eligible dependents are eligible for the New England Carpenters Retiree Health Benefits Plan. There are five requirements:
  • You must be eligible for five out of the past ten coverage periods, have 3,000 hours during the five-year period immediately prior to retirement and be covered by the Plan in the period immediately preceding your application for retiree coverage.
  • You must have no other group health insurance, including Medicare.
  • You must share the cost of coverage with the Fund. Your monthly premiums will increase from time to time.
  • You must obtain medical services from providers in the Carpenters Preferred Provider Network unless you do not live within a 20-mile radius of the nearest network provider.
  • You must obtain pre-certification for all inpatient hospital stays.
Continued Eligibility for Retirees
Eligibility to participate ends on the earlier of:
  • The last day of the month when you do not pay the premium when required;
  • The date your pension benefit is suspended for any reason;
  • The date you become eligible under another group health plan;
  • The date you or your eligible dependent become entitled to Medicare; or
  • The date the Plan terminates.
Pension Fund and Annuity Fund
Upon retirement, you’re eligible to receive your Pension Fund and Annuity Fund benefits. To apply for retirement, contact the Fund Office about three months before the date you’d like to retire.