In light of this public health crisis, the Trustees have amended the Mid-Atlantic Regional Council of Carpenters Annuity Plan as well as the Health Plan. Participants who experience a coronavirus-related event between April 1st, 2020 and June 30 , 2020 can are able to receive a onetime, lump sum distribution of up to $15,000 from their individual accounts. All members who are participants from Locals 197, 205 and Millwright Locals 443 and 219 are eligible for these changes. These changes also are in place for some members in the Mid-Atlantic Regional Council of Carpenters plan from Locals 441, 251, 255, and 423.
This new, one time distribution option will expire June 30, 2020. Members can email kbaggarly@zenith-american.com for an application or call 301-839-8800. An application will also be made available on our website when it is completed. Read more about the changes below.
The Fund will completely cover the testing necessary to diagnose COVID-19 (Novel Coronavirus). Co-pays and deductibles are being waived for all testing. Coverage for participants of the Funds has already been scheduled to continue until the quarter ends in July. Extension of coverage past July will be discussed further in the further with this health crisis continues to persist.