Benefits of the National Electrical Benefit Fund for IBEW Members

The Importance of the National Electrical Benefit Fund

Retirement Benefits: One of the key benefits provided by the National Electrical Benefit Fund is retirement benefits for IBEW members. This ensures that electrical workers have financial security during their retirement years.

Disability and Death Benefits: In addition to retirement benefits, the fund also provides disability and death benefits. This offers protection for IBEW members and their families in case of unexpected events.

Health Care Coverage: The National Electrical Benefit Fund includes health care coverage for IBEW members and their families. This helps ensure access to quality healthcare services.

Managed by NECA and IBEW: The fund is managed jointly by representatives of NECA and the IBEW. This collaboration ensures that the interests of both labor and management are taken into account in the fund's management.

Financial Security: The National Electrical Benefit Fund has played a crucial role in providing financial security for generations of electrical workers and their families. This has been achieved through the various benefits and contributions to the fund.

Overall, the National Electrical Benefit Fund is an essential component of the compensation package for IBEW members. It highlights the commitment to supporting the well-being and financial security of electrical workers and their families.