Participation
Overview
You participate in the Pension Plan if Contributions have been submitted on your behalf by an Employer signatory to a Collective Bargaining Agreement recognized by the Board of Trustees.
Learn MoreEligibility
Overview
You earn a permanent right to a retirement benefit as soon as you become Vested. On the other hand, no benefits are payable under this Plan unless you become Vested.
Your retirement benefits are not guaranteed until you become Vested in this Plan. Vested benefits are not available until you retire. Other Plan benefits such as death benefits are not available until you become Vested in this Plan and satisfy certain other requirements.
Monthly Benefit
Overview
This Plan is a "defined benefit plan" which means you earn a monthly income for life. The amount of that income is determined primarily by the number of years you work for a Contributing Employer and the number of hours you work in each of those years.
Learn MoreRetirement / Pension Types
Overview
There are five Pension types available when you retire from the Pension Fund: Regular, Service, Early, Disability, and Reciprocal. All five Pension types have their own vesting rules and service and or age requirements.
Learn MoreVesting
Overview
Vesting guarantees your entitlement to future benefits from the Plan. Once you become Vested, your eligibility for a future benefit from the Pension Plan cannot be canceled, even after you stop working in Covered Employment, however, your benefits may still be frozen if you have a Separation from Covered Employment.
Your retirement benefits are not guaranteed until you become Vested in the Pension Plan and Vested benefits are not available until you Retire. Other Plan benefits, such as death benefits are also not available until you become Vested in the Pension Plan and satisfy certain other requirements.
Learn MorePayment Options
Overview
This plan provides a lifetime income to you, or a lifetime income to you with a continuing income to your Spouse if you predecease him or her. Your monthly benefit is adjusted to reflect the payment option selected.
Learn MoreDeath Benefits
Overview
If you are Retired, were married throughout the one-year period ending on your death and elected a Joint and Survivor Pension payment form, upon your death, your Pension will be converted to a Survivor Pension of 50%, 75% or 100% of the payment while you and your Spouse were both alive. The percentage of the Survivor Pension was determined at the point of Retirement.
If you are Retired and were not married at Retirement, or were not married throughout the one-year period ending on your death the Pension Plan offers a “Guarantee Period” on Single Life Pensions. A Single Life Disability Guarantees a minimum of 36 payments and all other Pensions guarantee a minimum of 60 payments. If you become deceased before the minimum number of months are paid, your Beneficiary will receive monthly benefits until the Guarantee Period is complete.
For purposes of the Guarantee Period, a Beneficiary is the surviving Spouse if you are married or if not married, the Beneficiary is anyone of your choosing.
Learn MoreFuture Service Eligibility Credit
Your Eligibility Credit is used to determine which Pension type you may qualify for. For example, a Service Pension requires 30 Eligibility Credits and a Regular Pension requires 10 Eligibility Credits. Eligibility Credit is based on hours worked in Covered Employment, hours of Qualified Military Service, absence from Covered Employment due to periods of temporary disability, or for work under certain alternate pension plans, subject to the rules of the Plan.
Disability Benefit Application
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