Collinsville, IL
Business Manager and
Financial Secretary: Tim Evans
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Pension
Defined Benefit Plan, held in trust. 17.5% percent of base wage
3 year vesting period. Retirement at 55
870 hours = 1 year of service
Fiscal year ends June 30
NEBF - https://www.nebf.com/
Defined benefit. 3 percent of hourly wage
Maximum of 5 years credit for prior documented work experience
300 hours = 1 year of service
$32.per month for each year of service
I.O. Pension - http://www.ibew.org/
$4.50 per month for each year of service
$6,250 death benefit ($12,500 accidental death)

 

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