
Join the National Electrical Benefit Fund Team
The National Electrical Benefit Fund (“NEBF”) is a multiemployer, defined benefit pension plan that provides retirement benefits and disability benefits to eligible employees in the electrical industry. NEBF was established in 1946 as a result of the Employees Benefit Agreement between the International Brotherhood of Electrical Workers (“IBEW”) and the National Electrical Contractors Association, Inc. (“NECA”). NEBF is financed entirely by employer contributions and investment income. NEBF has approximately 630,000 participants, which includes 287,000 retirees receiving pension benefits. The National Electrical Annuity Plan (“NEAP) is a multiemployer defined contribution money purchase plan that provides retirement and disability benefits to employees in the electrical industry. NEAP was established in 1973 as a result of collective bargaining agreements between IBEW and NECA. Participants are assigned an individual account and a participant’s account balance is the total amount of employer contributions received and investment performance. NEAP has approximately 141,000 participants. NEBF and NEAP (the “Plans”) are operated by the same administrative and investments offices. NEBF Investments is responsible for management of the Plans’ assets and the office, including this position, is located in Washington, DC.
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