Local Pension Annuity

$5.65 per hour, paid by the contractor. Retirement will consist of contributions plus interest earned.

100% vested from day one.

Several different options to invest your money, And you can change your allocation once a month.

Direct rollover contributions can be made from any qualified pension plan to this annuity.

At Death your spouse can elect to receive the value of your account in a lump sum or monthly installments for life.

NOTE: H&W and Annuity benefits can be sent to your home local plan regardless of where in the IBEW you work.

Secure access to Members Link to their account