YOUR DEFINED CONTRIBUTION RETIREMENT BENEFITS
_edited.png)
The Board of Trustees of MCASF Local 725 Defined Contribution Retirement Fund is pleased to welcome you to the Defined Contribution website. Within this website, you will have access 24 hours a day, 7 days a week to commonly requested forms, useful highlighted links, and frequently asked questions regarding your benefit information.
About the Defined Contribution Fund
The MCASF Local 725 Defined Contribution Retirement Fund is a defined contribution retirement plan. The Plan most recently was amended and restated, effective July 1, 2021, and subsequently was amended from time to time to make necessary and desirable changes.
​
The Plan is managed by a Board of Trustees comprised of both Local Union 725 and MCASF representatives. This site provides Participants with online access to complete information about your Defined Contribution Retirement Plan.
​
You should file an Retirement Application well in advance of the date you expect to retire. You may request an Application from the Benefit Office, as well as seek assistance during the application process. Early filing will help you to avoid a delay in the processing of your application and the payment of benefits.
Annual Account Statements
For the 2024 Plan Year
Account statements have been sent to the printer for mailing. Watch your mailbox for your 2024 account statement.
​
Did you know you don't have to wait for your statement to see what investment return you received? You can log into the participant portal today to see!
Make your retirement nest egg bigger...
Did you know you can increase your retirement nest egg through an employee deferred contribution?
​
In addition to the $1.00 per hour that your Employer pays on your behalf for every hour you work to the Defined Contribution Retirement Fund, you can elect to have your employer withhold from your gross wages an elective contribution that will increase your retirement account.
​
The 2025 calendar maximum for Elective Contribution is $23,500. If you will be at least 50 years old on December 31, 2025, you may elect to have an additional "Catch-Up" elective contribution up to a maximum of $7,500.
​
Before deciding on electing an employee elective contribution, which will be deducted from your gross pay, you should consult a personal financial and tax advisors for guidance.
​
The election is for the whole calendar year and cannot be changed or stopped.
​
ELECTION NOW CLOSED
Once you complete your election form, you can mail your form to Benefit Services at 15800 Pines Blvd. Suite 201, Pembroke Pines, FL 33027 or you can upload your form securely on your Participant Portal. You can login by click on the icon at the top of this page.
Be a Nutley, not a Chester
Election Period From
October 1st to November 30th
Save for your retirement!
DC Fund Preliminary Investment Results
1.4% as of April 30, 2025
Getting Close to Retirement Age?
Benefit Services is developing a retirement guide to assist you in your transition to retirement. Watch here for the guides that are coming soon!
%205637%20-%20Guide%20to%20Retirement_031925.jpg)
