BENEFITS

Health Insurance

Your employer pays the full cost of this coverage. This insurance covers you, your spouse, and all of your eligible dependents. It is NOT a deduction from your hourly wage, but a contribution over and above your hourly wage.

Pension

The National Electrical Benefit Fund (NEBF) has been in existence since 1946 and is paid for by your employer. It provides you with a monthly retirement pension or disability benefit for as long as you live, and is separate from Social Security or other pension benefits.

Annuity Plan

The Annuity Plan provides you with a valuable supplement to other retirement income. This is paid for entirely by your employer. The amount of the benefit paid to you or a beneficiary is determined by the amount of money in your account when you retire, become disabled, terminate employment, or die.