Should I be an "A" member?
"BA" members have no life insurance or pension from the IBEW.
"A" members (in good standing for at least 6 months) have life insurance that is offered at $6,250 for a natural death, $12,500 for accidental death. An IBEW retiree's beneficiary will receive a $3,000 death benefit.
"A" members are also eligible for IBEW Pension benefits once they meet the age/year requirements. The current benefit is $4.50 per year for continuous good standing as an "A" member.
For Example: An A member in continuous good standing for 20 years is eligible for Normal Retirement at the age of 65. Upon completion of a pension application; the member will recieve $90 per month once they have retired from the electrical industry.
*"A" members must have at least 5 consecutive years in good standing at the retirement age of 65 to receive any type of pension benefit.
*If you are vested (have at least 20 years in good standing) then you may retire at an earlier age of 62. You must be 65 to receive the full benefit.
*Dues must be paid until the pension application has been accepted.
For more information regarding the IBEW Pension Plan please visit http://www.ibew.org/Pension-Reciprocity
“A” membership dues for 2017 for GPC or EMC employees are $58.42 per month.
For a "BA" member to become an "A" member; the member simply needs to complete a new membership form, W-9, a beneficiary form, and deduct card.
In the event you wish to change your membership from an "A" member to a "BA" member, form 134 has to be signed. Please contact the office to get this form.