Defined Benefit Pension Plan Benefit Tabs™

This is a summary of benefits and not a substitute for the Southern California IBEW-NECA Pension Plan Document, and to the extent it differs from the Plan Document, the terms of the Plan Document will govern.

Important Note:
Annotations below in red reflect changes for retirements that are first in pay status on or after July 1, 2010, as a result of the adoption of Alternative Schedule 2 under the Critical Status Rehabilitation Plan; or on or after April 1, 2017 as a result of the adoption of Alternative Schedules 1 or 2 under the Second Critical Status Rehabilitation Plan.
Age Requirements

Age 65
See also:  Postponed Pension Benefit

Service and Other Requirements
  1. Vested; or
  2. 5th anniversary of Employee Contribution Date and an active Employee

    See also:    Pro-rata Pension
Monthly Normal Pension

Sum of:

  1. $6.00 times Credited Past Service (maximum 15 years); plus
  2. Benefit Unit from Table times Credited Future Service earned prior to 7/1/1982; plus
  3. For future service contributions on or after 7/1/1982, contributions (excluding "off-benefit contributions") times the accrual factor for each period shown below:
Contribution Period Accrual Factor
7/1/1982 through 6/30/1987 2.25%
7/1/1987 through 6/30/1996 2.50%
7/1/1996 through 6/30/1999 2.25%
7/1/1999 through 12/31/2003 2.50%
1/1/2004 and later 1.45%*

*1.90% if eligible for Early Retirement at age 55+ or under Section 3.2(b) or eligible for Normal Retirement. Effective April 1, 2017, 1.90% after attainment of age 56 and beginning with the 44,501st Hour of contributions.
See also:  Military Service


If married:

  1. Automatic 50% Joint and Survivor Pension*
  2. Single Life Annuity with 60 payments guaranteed
  3. 66-2/3%, 75% or 100% Joint and Survivor Pension*

    *contingent beneficiary must be spouse with or without Pop-up Benefit

If unmarried:

Single Life Annuity with 60 payments guaranteed

Reduction Factors
All forms of payment except the Single Life Annuity are actuarially reduced.

See also Special 50% Joint and Survivor Pension Option for unmarried Participants with Domestic Partner.