CEMENT MASONS & PLASTERERS' LOCAL 518 FRINGE FUNDS

CEMENT MASONS & PLASTERERS' LOCAL 518
PENSION FUND

FREQUENTLY ASKED QUESTIONS

Click on the frequently asked question below to expand it so you can view the answer underneath.

~ How do I sign up for Direct Deposit for my pension payments?
Complete a Direct Deposit Form and return it to the Fund Office.
~ How do I change my pension payment tax withholdings?
To change the amount of the taxes withheld from your pension payment, complete your applicable Tax Withholding Forms and return them to the Fund Office:
Federal Form W-4P
MO Form W-4P
KS Form K-4
~ How do I designate a beneficiary?
Complete a Beneficiary Designation Form and mail to the Fund Office.
~ What happens to my pension if I pass away prior to receiving benefits from the Plan?
Your surviving spouse or beneficiary may be entitled to a Death Benefit if you pass away prior to receiving benefits from the Plan. The form, amount and commencement date of the benefit payments depend upon various factors, including the date of your death.
~ What happens to my pension if I get divorced?
If you divorce (whether before or after retirement), your spouse may be entitled to receive a portion or all of your pension benefit in accordance with the terms of a Qualified Domestic Relations Order (QDRO). Under the terms of a QDRO, certain payments could be made from your benefits to pay alimony, child support, or marital property rights to your former spouse, child, or other dependent. If you divorce, you must contact the Fund Office to ensure your benefits are paid properly. You may also want to submit an updated Beneficiary Designation Form.

A QDRO may affect the amount of pension benefit you will receive or are receiving. A copy of the Fund’s procedures for handling QDROs will be provided to you, free of charge, upon request. If you have questions about QDROs, please contact the Fund Office.
~ Who do I contact with questions?
If you have any questions about your eligibility, benefits or claims, contact the Fund Office at (816) 393-7060 or Toll Free: (877) 518-0518.