Reciprocity
and “Money Follows the Carpenter”
Money
follows the carpenter is a special provision under the International Reciprocity
Agreement that allows you to have hours and contributions transferred to your
home trust – the Carpenters Health and Security Plan of Western Washington
– when you temporarily work under a reciprocal plan. Money follows the
carpenter allows you to accumulate contributions under your home trust. You must
be a member of a Local Union in the jurisdiction covered by this plan for this
trust to be your home trust.
To take advantage of money
follows the carpenter, please contact the Enrollment Department at the Trust
Office or your Local Union each time you work under a reciprocal plan. The Trust
Office or your Local Union will send you an
Authorization
to Transfer Fringe Benefits form. This
form must be completed as soon as possible but no later than 60 days from the
onset of employment in the other jurisdiction. Contributions cannot be
transferred retroactively. Money follows the carpenter also requires the home
trust and the reciprocal trust to accept or transfer all retirement
contributions, if required by the agreement. Vacation
contributions are not transferred.
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