Operating Engineers Local 66 Annuity and Savings Fund.
IMPORTANT - This information summarizes the requirements for
the Annuity Fund. It does not replace or amend the Summary Plan Description.
To obtain further information concerning the Annuity Fund call (412)968-9750.
Or email afund@oe66.com
do not include your Social Security number in the email.
Beginning October 1, 2000, PNC Bank is the new Bundle provider of the Operating Engineers Local 66
Annuity and Savings Fund. Participant Account Balances will be transferred
to PNC Bank and placed into the PNC Preservation Profile Fund.
To go to the PNC websight please click here.
PNC BANK
Operating Engineers Local 66 Annuity and Savings Fund encourages and assists participants
by providing additional financial security at retirement. While there are provisions for
withdrawal options they are secondary to the primary objective of retirement income.
The Annuity Fund was designed to provide participants with a savings program on a long
term basis. There are advantages to maintaining an Annuity Account. Under present tax law
the Annuity Account is not subject to taxes until the money is withdrawn from the account.
You become a participant in the Annuity Fund on the first day of the calendar year in
which a contributing employer makes contributions on your behalf. Contributions are set
forth by the collective bargaining agreement between your employer and Operating Engineers
Local 66.
