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National Electrical Benefit Fund

Year Started – 1946
300 Hours (Good Year)
Plan Year – Calendar Year

Contributions:
       1946-1976 – 1% of Gross Earnings
       1976-Present – 3% of Gross Earnings

Age:
Normal – 65
Early – 62 – unreduced – must qualify with 300 hours in one of the last 7 plan years
Early – 60 – reduced – must qualify with 300 hours in one of the last 7 plan years and is reduced
9 ¼% every year back from 62

Benefit – $32 per credited year (regardless of your contribution