As per the recent letter mailed to all Particpating Employers, we have revised and republished the Plumbers and Pipefitters National Pension Fund's Guidelines for Employer Participation as of September 2013. The Guidelines have been updated to take into account the Fund's current procedures. We are no longer printing the Guidelines. Instead, they are available on the Fund's website here, where they can be easily viewed and printed. The Guidelines for Employer Participation will be updated periodically. Please check the website frequently for the most up-to-date information.
Important Note about Fiduciary Responsibility: Under the Fund's Trust Agreement, contributions owed to the Fund as required by an applicable collective bargaining agreement are assets of the Fund. Individuals who exercise discretionary control over Fund assets may be deemed fiduciaries of the Fund and held personally liable for the failure to transfer those assets to the Fund for the payment of pension benefits. This means that an employer's decision not to pay contributions owed to the Fund and to use those monies for other purposes could give rise to fiduciary liability.