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March 27, 2020 | Company News, Benefits

NE Annuity Announces Bonus


In a month that can only generously be called “unique,” there is good news from the New England Carpenters Guaranteed Annuity Fund this week, which announced its annual return and a bonus for participants.

“The North Atlantic States Regional Council of Carpenters is pleased to announce that the Board of Trustees of the New England Carpenters Guaranteed Annuity Fund has approved a bonus to all participants with an account balance in 2019 of 3.09%.

“In addition, participants with accounts in the New England Carpenters Guaranteed Annuity Fund were already credited with the guaranteed return of 3.41% for a total of 6.50%. Accounts will be credited with the bonus in the coming weeks and viewable in the online self-service portal. Participants will also receive their annual Guaranteed Annuity Fund statement in May reflecting the bonus amounts.”