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What is the pension for a union electrician?
The amount would vary by location, union, and how much was paid into your fund. I have 36 years in the trade and i am retiring at age 55 with a pension of 2900 with a 50% spousal option that brings my pension down to 2610. Our union doubles our pension from age 55 to 62 if you meet certain requirements, that I meet. This brings my retirement to 5510 gross dollars a month. I do have to pay federal tax out of this, but no FICA, state tax our union dues. We also have an annuity fund that I have been in from its inception in 1981. As of 2/1/2011 i have 510,000 in this fund. When I reach 62 the double pension will stop, but the NEBF and the international pension will start along with social security. The total retirement with all four sources will be about 5600 dollars plus any money taken out of the annuity. This amount is not the average pension a union electrician will make, but one who worked out of the north east with no lost time and at foreman and GF rate.
How long you have to be working for the union to get pension?
A pension will be paid as long as the pensioner remains alive, and the pension fund is not bankrupt.
Who pays for your pension for teamsters?
Usually there is a trust fund that a Teamster's pension is paid for. An example of this kind of a trust fund is The Teamsters Pension Trust Fund of Philadelphia and Vicinity.
When was The Government Pension Fund of Norway created?
The Government Pension Fund of Norway was created in 1967.
What does the Strathclyde Pension Fund do?
The Strathclyde Pension Fund administers pensions for Glasgow City Council. On the website of the Strathclyde Pension Fund one will find useful facilities such as a benefits calculator.
Who to contact in reference to pension?
Whoever is in charge of the pension fund.
When was Norwegian Public Service Pension Fund created?
Norwegian Public Service Pension Fund was created in 1917.
Is pension fund a current liability or non current liability?
A pension fund is considered a non-current asset but it is a long term investment fund .
What is the definition of a pension fund?
The definition of a pension fund is a fund started by an employer to help and to regulate the investment of employees retirement funds given to by the employer and the employees.
Who manages pension fund for walls meat company?
who manages wall's meat company pension fund 1971
A mortgage lender that represents a pension fund is known as?
A mortgage lender than represents a pension fund is called a mortgage banker.
How can you contact seiu industry pension fund in Washington DC?
how can i found out about my pension
