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December 13, 2017

Wiremen! Be looking for extra $$ on your pay checks!
Updated On: Oct 14, 2013

The forced supplement of the pension is about over! 

As you probably know, a few years ago it was determined that the pension was not going to be able to sustain itself at the current rate…especially given the losses occurred during the stock market crash.

The decision was made that the members would need to provide additional monies into the pension until it was able to maintain itself.  That time has come! 

“I am happy to report that it (the pension) is now fully funded.  The pension is safe, secure and fully funded.”  - Roy Levine

As of October 1st, 2013 the monies are going back on the check – into the annuity and pension – in the same amounts as were removed to fund the supplement.

Please contact our Local’s offices for more information.


 
 
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