About Pension

The Trust Fund sponsors two plans: the Defined Benefit Plan and the Defined Contribution & 401k Plan. The amount of benefits you receive, and your eligibility for certain rights under the Plan, depends on how much Benefit Credit you have accrued.

Our Plans

We understand the administration of employee pension

The Plan is a multi-employer, collectively bargained defined benefit pension plan. The Plan is funded from Employer contributions and earnings on the Plan’s assets.

Defined Contribution 1

The I.B.E.W. Local 332 Defined Contribution Plan is an individual account plan. Each covered employee accrues an account based on the number of employer contributions made on his behalf.

Retirement Options

Options available under Defined Benefit Part A And Defined Contribution & 401K Part