Teamsters Local 142 Executive Board is pleased to announce its start up of the Local's very first Annuity Fund. The Annuity Fund is governed by ERISA and has a equal number of Labor and Employer Trustees.  Secretary-Treasurer Richard Knipp is the chairman and Mitch Sawochka and Ted Bilski are also Labor Trustees on the Fund.  The Employer Trustees are Gary Kebert, Ames Martin and Steve Michaels.  Unlike Local 142's Pension Fund which is a defined benefit plan the Annuity Fund is a defined contribution plan.  Participants of the Annuity Fund can either self direct their investments individually or elect to use the default schedule which is based on each participant's age.

Milliman Quick Start Guide

Dec 20, 2021

Download: 211103ITM_QuickEnrollGuide-1c.pdf

Forms for Participants

Jun 20, 2013

Download: 2020 Special Tax Notice Regarding Plan Payments.pdf , Annuity Fund 2021 Team142_DC Distribution Application.pdf , Teamsters Local 142 Annuity Fund Beneficiary Designation Form.pdf , 2021 UPDATED Team142_DC Hardship application.pdf , 2021 Elective Contribution Form.pdf

Forms for Employers

Jun 20, 2013

Download: Summary of ERISA's Prohibited Transaction Rules.pdf , Teamsters 142 Annuity Deferral Contribution Form - 2021.pdf