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LIUNA Local 183
Know the Facts - Pension (updated)
Know the Facts - Pension (updated)
1/18/2013 9:15:55 AM

We have a larger and better pension fund

Ontario Pension Assets (in billions)

We have better benefits accrual rates (24% v. Carpenters at 14%)

Pension Accrual Rates (%)

At Local 183 you can retire sooner!


Local 183’s Pension Fund has an automatic right to unreduced early retirement pensions at 55 years of age (where you have 30 credits) or 60 years of age (where you have 25 credits)

Vs.

Carpenters have no automatic right to retire prior to age 65, regardless of how long you have worked.

Early Retirement   
   
Local 183 55 years with 30 credits

60 years with 25 credits

 
Carpenters 65 years 

AT LOCAL 183 MEMBERS MATTER!


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