National Electrical Benefit Fund
  • Year Started - 1946
  • 300 Hours (Good Year) – No Waivers/No Averaging
  • Plan Year – Calendar Year
  • Contribution
    • 1946-1976 – 1% of Gross Earnings
    • 1976-Present – 3% of Gross Earnings
  • Age
    • Normal – 65
    • Early – 62 - unreduced – must qualify with 300 hours in one of the last 7 plan years
    • Early – 60 – reduced - must qualify with 300 hours in one of the last 7 plan years and is reduced
    • 9 ¼% every year back from 62
  • Benefit - $32 per credited year (regardless of your contribution)
 
IBEW 103 - 256 Freeport Street - Dorchester, MA 02122 - Phone (617) 436-3710 - FAX (617) 436-3299
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