Defined Benefit Plan, held in trust. 27.56% 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) |