The D.C. 6 John Hancock/Painting Industry Annuity Plan is a defined contribution pension plan administered locally through the Board of Trustees. John Hancock Investments handles the investment and distribution portion of the plan.
All investment allocation for each member is the responsibility of the individual participating member. Investment choices and information is available through John Hancock.
For additional information, including investment choices, fund balances and general market information, visit the John Hancock website.
There are a broad range of investment options available, which cover different investment approaches to help meet the needs of every member. These options can provide for an aggressive or conservative portfolio that will work for the risk taker or the person who wants to avoid risk. The Hancock website can help you sort through your decision-making process.
Also, periodic Annuity Fund informational meetings are held at the Union Hall. You can also contact Dan Gaertner at 216.623.3025 or 1.800.645.6261 to arrange a personal meeting to discuss your options.
All applications for distributions from the Annuity Fund are reviewed and approved by the Board of Trustees at its monthly meeting. To obtain an application, please contact the Fund Office at 440.260.0615. All applications are processed through the Fund Office.
Hardship distributions are available. This application can be obtained through the Fund Office and must be completed and accompanied by the appropriate documentation. If you do not have the appropriate documentation, this will affect the timelessness of the distribution.