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For Participants > Fund Information > Vacation

The Carpenters Vacation and Holiday Trust Fund for Northern California was established May 1972 for the purpose of providing paid vacation and holidays.

Only the full Board of Trustees:

is authorized to interpret the Plan Rules and Regulations;
has the authority to modify or change the rules of the Plan;
may give binding answers, and then only if you have furnished full and accurate information concerning your situation in writing;
shall be the sole judge of the standard of proof required in any case and the application and interpretation of this Plan;
shall render decisions final and binding on all parties, subject only to such judicial review as may be in harmony with federal labor policy

No Employer or Union nor any representative of any Employer or Union is authorized to interpret the Plan on behalf of the Board -- nor can these persons act as an agent of the Board of Trustees. Benefits are paid in accordance with the Plan Rules and Regulations. All other documents, including the Summary Plan Description, are interpretations of the Plan Rules, and in the event of a discrepancy, the Plan Rules prevail.

Contributions received by the Fund for hours worked between August 1 and July 31 the following year are paid to the participant the following January 31 st.

Early payouts are available to an eligible Participant, provided that he or she (1) has been a Plan Participant for at least 12 months, (2) has participated in at least one regularly scheduled January 31st vacation payout, (3) has not had an early vacation withdrawal in the past twelve months, and (4) has not had more than two such withdrawals in the past 36 months. See the eligibility requirements for more information.

For more information regarding vacation monies in suspense or the work fee, please contact the Trust Fund Office.

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