The Sheet Metal Workers National Pension Fund's Board of Trustees, in an effort to provide relief to affected contractors during this pandemic, has issued the following notice at 8:00 am this morning and has amended its collection procedures by extending the delinquency date for February 2020 hours from March 20, 2020 to April 20, 2020, provided certain conditions are met.
See text of the notice from NPF below for complete information.
We are in unprecedented times in this country and around the world. The first priority of the National Pension Fund's Board of Trustees and the Management team has been to continue operations while keeping our staff safe and healthy. The entire staff has the capability to work remotely and we expect to continue to be responsive to participants, Local Unions, and Participating Employers.
Around the country we are hearing stories of total shutdowns of construction as well as significant office closures. We understand this could impact a contractor's ability to pay on time. For this reason, the Board of Trustees has acted to provide some relief.
The Board approved the following Amendment to the Collection Procedures:
Effective for Contributions due for February 2020 hours, the Delinquency Date will be extended from March 20, 2020 to April 20, 2020, provided that:
- Covered hours are worked and/or paid in a Local Union jurisdiction that has been economically impacted by COVID-19, as determined by the Local Union and/or SMACNA;
- The Local Union's fringe benefit funds have similarly extended the due date for their contributions; and
- The Fund Office has issued notice to SMACNA, the Local Union, and employers within the Local Union's jurisdiction that the Delinquency Date for Contributions due for February 2020 hours is extended.
Note that this applies only to February 2020 work hours at this time. The Board will continue to monitor the economic impact across the country and the challenges that our contractors are facing.
To apply for this relief, please email the Fund Office at email@example.com. We will confer with the Business Manager, SMACNA representative, and the applicable Local Union Fund Office.
Once all of the criterion are met, a letter will be issued confirming that the relief is available for that jurisdiction. The relief will be in place only when a letter of confirmation is issued from the National Pension Fund.