Bricklayers Local 5 Suspension Application 

Section 3.02 New Entrants Assumption 

New entrants to the Plan are assumed to enter the Plan at age 30 with 100% replacement of decremented 

active members. 

Z:\009 5\p\Misc CoiT\20 16\Suspension\Application\Items for Completeness\3 .02 New Entrant Assumption.docx 
Bricklayers and Allied Craftworkers LocalS New York Pension Plan 

Benefit Payments by Status 

Plan Year Ending 12/31 2016 2017 2018 2019 2020 2021 2022 

Current Actives $ 162,911 $ 183,521 $ 218,449 $ 273,453 $ 364,172 $ 422,603 $ 519,182 

New Entrants 

Total Actives 162,911 183,521 218,449 273,453 364,172 422,603 519,182 

Term Vesteds 126,365 146,834 168,433 228,004 250,602 287,166 344,959 

Retirees 4,380,838 3,748,713 3,433,738 3,273,585 3,111,740 2,949,783 2,787,736 

Beneficiaries 456,375 419,414 393,677 373,428 353,267 333,249 313,426 

Total $ 5,126,489 $ 4,498,481 $ 4,214,297 $ 4,148,470 $ 4,079,781 $ 3,992,801 $ 3,965,303 

Z:\009 5\p\Vai\2015\Linked Summary 5 15.xlsx 
Bricklayers and Allied Craftworkers LocalS New York Pension Plan 

Benefit Payments by Status 

Plan Year Ending 12/31 2023 2024 2025 2026 2027 2028 2029 

Cun·ent Actives $ 573,137 $ 660,988 $ 733,702 $ 771,925 $ 822,441 $ 850,421 $ 890,576 

New Entrants 

Total Actives 573,137 660,988 733,702 771,925 822,441 850,421 890,576 

Term Vesteds 396,988 431,928 494,689 553,180 553,387 601,528 625,970 

Retirees 2,626,152 2,465,637 2,306,848 2,150,471 1,997,238 1,847,897 1,703,176 

Beneficiaries 293,852 274,580 255,669 237,177 219,171 201,720 184,896 

Total $ 3,890,129 $ 3,833,133 $ 3,790,908 $ 3,712,753 $ 3,592,237 $ 3,501,566 $ 3,404,618 

Z:\009 5\p\Vai\2015\Linked Summary 5 15.xlsx 
Bricklayers and Allied Craftworkers LocalS New York Pension Plan 

Benefit Payments by Status 

Plan Year Ending 12/31 2030 2031 2032 2033 2034 2035 2036 

Current Actives $ 923,734 $ 913,616 $ 933,461 $ 957,095 $ 954,167 $ 970,323 $ 976,886 

New Entrants 

Total Actives 923,734 913,616 933,461 957,095 954,167 970,323 976,886 

Term V esteds 634,712 642,382 640,496 641,081 652,187 649,999 637,382 

Retirees 1,563,735 1,430,159 1,302,926 1,182,389 1,068,790 962,264 862,847 

Beneficiaries 168,767 153,398 138,842 125,141 112,327 100,420 89,426 

Total $ 3,290,948 $ 3,139,555 $ 3,015,725 $ 2,905,706 $ 2,787,471 $ 2,683,006 $ 2,566,541 

Z:\009 5\p\Vai\2015\Linked Summary 5 15.xlsx 
Bricklayers and Allied Craftworkers LocalS New York Pension Plan 

Benefit Payments by Status 

Plan Year Ending 12/31 2037 2038 2039 2040 2041 2042 2043 

Current Actives $ 1,061,981 $ 1,059,198 $ 1,050,750 $ 1,080,075 $ 1,061,736 $ 1,045,395 $ 1,030,293 

New Entrants 

Total Actives 1,061,981 1,059,198 1,050,750 1,080,075 1,061,736 1,045,395 1,030,293 

Term V esteds 626,844 613,971 596,222 577,413 562,423 550,166 536,495 

Retirees 770,493 685,106 606,550 534,651 469,179 409,877 356,451 

Beneficiaries 79,345 70,159 61,845 54,361 47,656 41,676 36,353 

Total $ 2,538,663 $ 2,428,434 $ 2,315,367 $ 2,246,500 $ 2,140,994 $ 2,047,114 $ 1,959,592 

Z:\009 5\p\Vai\2015\Linked Summary 5 15.xlsx 
Bricklayers and Allied Craftworkers LocalS New York Pension Plan 

Benefit Payments by Status 

Plan Year Ending 12/31 2044 2045 2046 

Current Actives $ 1,011,007 $ 989,595 $ 959,157 

New Entrants 

Total Actives 1,011,007 989,595 959,157 

Term Vesteds 511,341 491,521 465,138 

Retirees 308,573 265,894 228,048 

Beneficiaries 31,633 27,455 23,766 

Total $ 1,862,554 $ 1,774,465 $ 1,676,109 

Z:\009 5\p\Vai\2015\Linked Summary 5 15.xlsx