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The Employee Retirement Income Security Act of 1974 (ERISA) provides that all pension plans should make available to their participants and beneficiaries a Summary Plan Description written in language calculated to be understood by the average participant or beneficiary.
- QUESTIONS AND ANSWERS CONCERNING THE PROVISIONS AND PROCEDURES OF THE ...
Q10: How does a member arrange to begin receiving early...
- QUESTIONS AND ANSWERS CONCERNING THE PROVISIONS AND PROCEDURES OF THE ...
Q10: How does a member arrange to begin receiving early retirement benefits? A10: Applications for all pension benefits are online at www.ibew.org or available at the local union office. The member must take the correctly completed application to the financial secretary of the
The Retiree Plan of Benefits is medical coverage and prescription coverage. Also, the Board of Trustees is proud to announce that the Fund will be providing dental and vision benefits to retirees and their dependents with Base Plan coverage.
The Employee Retirement Income Security Act of 1974 (ERISA) provides that all pension plans should make available to their participants and beneficiaries a Summary Plan Description written in language calculated to be understood by the average participant or beneficiary.
At Normal Retirement: If you have attained your Normal Retirement Date, age 65 or if later, the fifth anniversary of participation in the Plan, you are vested under the Plan and are eligible for retiring from the electrical industry.
Retiree must contact PBF. Only active “A” members and normal, early, total disability pensioners eligible for DB. Those on vested pension are ineligible. Questions?
The I.B.E.W. Local 332 Defined Contribution Plan is an individual account plan. Each covered employee accrues an account based on the number of employer contributions made on his behalf. Options available under Defined Benefit Part A And Defined Contribution & 401K Part.
