The Board of Trustees is excited to announce a new Pension Benefit that has been negotiated as part of your collective bargaining agreement – the Lifetime Income Security
Accrual Fund (“LISA Fund”). The LISA Fund is effective for hours you work on and after January 1, 2025. It is a guaranteed monthly pension benefit when you reach retirement age and provides you with another important building block toward financial security
when you retire. For additional information and FAQ regarding the Fund, please click
here.
Benefit accrual rates may vary by employer. Please contact the Administration Office for questions regarding your specific benefit.
