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About the Fund

The Sheet Metal Workers’ National Pension Fund (“NPF” or “Fund”) is a defined benefit pension fund.  As a defined benefit plan, all Fund assets are held in one trust for the benefit of all participants. There are no individual accounts.  Except for very small amounts, benefits are paid in the form of a monthly annuity or monthly payment. 

The NPF is funded entirely by employer contributions and earnings on investments.  No employee contributions are permitted or accepted. 

The Fund operates under the direction of a Board of Trustees, consisting of eight Trustees, four appointed by the Sheet Metal Workers’ International Association and four by the Sheet Metal and Air Conditioning Contractors National Association. Meet the Trustees. To communicate with the Trustees, email them at .(JavaScript must be enabled to view this email address).

The Fund also employs staff to manage the day-to-day Fund operations, including the collection of employer contributions and the processing of pensions.  Meet the senior staff NPF Staff

The NPF is governed by federal law.  The principle law is the Employee Retirement Income Security Act of 1974, as amended.  The Fund is regulated by the Department of Labor, the Treasury Department (and IRS) and the Pension Benefit Guaranty Corporation (PBGC). Subject to certain limits, PBGC provides a limited guarantee of NPF benefits.