Get Ny Ibew Local 25 401(k) Fund Application For Retirement Benefit 2023-2025

A1: “A” members of the IBEW are eligible to apply for a normal retirement pension if they have five (5) or more years of continuous good standing at the time of their application for pension and have reached age sixty-five (65). Q2: What is the amount of the normal retirement pension?

You can allow your unionized employees to participate in your 401(k) plan. If the CBA covers the employees' retirement benefits, we may need you to engage a third-party administrator (“TPA”), which you would engage separately.

The Board of Trustees is pleased to welcome you to the 401(k) Plan website for the IBEW- National Electrical 401(k) Plan.

The Board of Trustees is pleased to welcome you to the 401(k) Plan website for the IBEW- National Electrical 401(k) Plan.

The delegates to the 1927 IBEW Convention authorized the creation of a pension fund, and in 1928, the Officers of the IBEW introduced the IBEW Pension Benefit Fund (PBF) to provide much-needed and previously unattainable pension benefits for all participating members.

May I retire before age 65? Yes, you may retire anytime on or between the ages of 55 through 59 years old at an actuarially reduced pension, provided you are vested. If you retire on or between ages 60 through 65 there is no reduction in your benefit.

A1: “A” members of the IBEW are eligible to apply for a normal retirement pension if they have five (5) or more years of continuous good standing at the time of their application for pension and have reached age sixty-five (65). Q2: What is the amount of the normal retirement pension?

You can allow your unionized employees to participate in your 401(k) plan. If the CBA covers the employees' retirement benefits, we may need you to engage a third-party administrator (“TPA”), which you would engage separately.

The Board of Trustees is pleased to welcome you to the 401(k) Plan website for the IBEW- National Electrical 401(k) Plan.

The Board of Trustees is pleased to welcome you to the 401(k) Plan website for the IBEW- National Electrical 401(k) Plan.

The delegates to the 1927 IBEW Convention authorized the creation of a pension fund, and in 1928, the Officers of the IBEW introduced the IBEW Pension Benefit Fund (PBF) to provide much-needed and previously unattainable pension benefits for all participating members.

May I retire before age 65? Yes, you may retire anytime on or between the ages of 55 through 59 years old at an actuarially reduced pension, provided you are vested. If you retire on or between ages 60 through 65 there is no reduction in your benefit.

The Board of Trustees is pleased to welcome you to the 401(k) Plan website for the IBEW- National Electrical 401(k) Plan.

The delegates to the 1927 IBEW Convention authorized the creation of a pension fund, and in 1928, the Officers of the IBEW introduced the IBEW Pension Benefit Fund (PBF) to provide much-needed and previously unattainable pension benefits for all participating members.

You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.

May I retire before age 65? Yes, you may retire anytime on or between the ages of 55 through 59 years old at an actuarially reduced pension, provided you are vested. If you retire on or between ages 60 through 65 there is no reduction in your benefit.