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The Electrical Workers Local 357 Pension Plan A and Plan B is managed by a Board of Trustees comprised of both union and employer representatives. This website provides Participants and their dependents with online access to complete information about your Pension Plan.
Medicare Retiree Plan Change . Effective January 1, 2022, the Medicare medical and prescription drug plan that was in place prior to 2021 was reinstated as an option for you to enroll. Please contact the benefit office at (702) 415-2188 with any questions.
Retirement: A Participant may retire after meeting the age and service requirements for any type of pension provided under Plan A, even if he is not covered by Plan A.
13 lut 2024 · NEBF Benefit Increase and ‘13th Month’ Check. On top of the NEIB, the trustees approved the first increase in NEBF pension benefits since 2001. Starting with retirees who leave the trade after Jan. 1, 2025, the NEBF will send out a monthly check worth $33 per year of service to the IBEW.
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.
The International Brotherhood of Electrical Workers is the sponsor of the IBEW Pension Benefit Fund (IBEW PBF), established in the IBEW Constitution. The IBEW is located at 900 Seventh Street, NW, Washington, D.C. 20001.
Pension Plan (the Pension Trust Fund for the Electrical Industry) The Pension Plan is designed to help you better prepare for your future financial security once you stop working. Employer contributions and earnings on investments (if any) fund the Plan.
