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 defined contribution retirement 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 Benefit Services, 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.
DC Fund Preliminary 2026 Investment Results
3.40% as of August 31, 2026
Defined Contribution (DC) elective contributions - specifically pre-tax deductions into the MCASF Local 725 Defined Contribution Retirement Fund - are among the most powerful tools available for South Florida HVAC union members to secure their financial futures.
​
While your employer pays a mandatory hours worked rate into the fund on your behalf, choosing to make your own voluntary employee elective contributions accelerates your savings. The tax shelter and compound interest rates provided by this plan make it an
indispensable pillar of retirement planning, sitting right alongside your standard union pension
​
The 2027 calendar projected maximum for Elective Contribution is $25,500. If you will be at least 50 years old on December 31, 2027, you may elect to have an additional "Catch-Up" elective contribution up to the projected maximum of $8,500.
​
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 PERIOD FOR 2027
IS FROM
October 1st through November 30th
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
Save for your retirement!
The Power of Compounding
Between your monthly rent or mortgage, a car payment, and other bills, it may seem next to impossible to set aside money for retirement.
​
But even if you can afford to contribute a few dollars a paycheck to your defined contribution (DC) retirement plan, those dollars can make a big difference later.
​
Why? It's the power of compounding.
Annual DC Election begins October 1st, plan ahead for your retirement
%205637%20-%20Guide%20to%20Retirement_031925.jpg)
More Information
On the Defined Contribution Retirement Plan, Contact Benefit Services @ (754) 777-7735
or Click on the Frequently Asked Questions or Documents pages for additional information or forms.
You can review your personal information, 24 hours a day, 7 days a week. Check your account balance(s), hours worked, DC contributions received on your behalf, you beneficiary and more. You can do address changes directly in the portal as well as upload personal documents securely.
Summary Plan Description
The Board of Trustees are pleased to provided you with the Summary Plan Description,
Effective July 1, 2021
​
This SPD provides the most up to date summary of plan provisions and rules.
​
​