Northwest Carpenters Individual Account Pension Plan

Election Process 

To apply for retirement benefits from the Northwest Carpenters Individual Account Pension Plan, please follow these guidelines:

  1. You should contact Milliman Benefits Service Center two to three months before the month you want to retire. For example, if you want to retire effective January 1, 2023, you should contact Milliman between October 1, 2022 and November 1, 2022.
  2. Milliman Benefits Service Center will provide you with a pre-retirement packet that includes an Intent to Retire form. You must complete this form and return it, along with all required documentation, to Milliman. Once all documentation has been received, Milliman will update your status in the system so distribution options become available on Please make sure to verify your marital status through your personal profile. If you are married, you and your spouse must sign the distribution paperwork in the presence of a notary public and return a copy to Milliman. If you are single, your distribution request will process immediately (the same business day if requested prior to 1:00 pm PST). In general, your retirement date is the first of the month following timely receipt of your completed election forms and other required documentation.
  3. You must provide proof of your date of birth (preferably a birth certificate or U.S. passport), proof of your spouse’s or beneficiary’s date of birth if you are electing a joint and survivor annuity and, if you are married at retirement, a copy of your marriage certificate. If you have divorced at any time during your career as a carpenter, you must also submit a copy of your divorce decree, property settlement agreement and domestic relations order (if applicable). These documents are used to process your application only and are maintained under strict privacy guidelines.

You may elect to receive your benefits as a direct deposit into your checking or savings account or as a paper check. Your direct deposit payments will be deposited in your bank account close to the first business day of each month. Your paper check is processed and mailed so it is generally received near the first business day of the month. In order to elect direct deposit, you must add your banking information to your personal profile on ten days prior to making a distribution election and then choose ACH as the method of delivery. You may also elect to receive your benefits as a direct rollover to an Individual Retirement Account (IRA) or an eligible retirement plan.

For additional information about the retirement process, please see Article 4.5.

Key Point

Social Security benefits are currently payable as early as age 62. Please contact the Social Security Administration at least three months before the date you want Social Security benefits to begin. You can start the Social Security application process by calling: (800) 772-1213. They will schedule an appointment for you at your local Social Security office. You may also apply for your Social Security benefits online at

Last Updated: 04/25/2023