We are pleased to announce that the Board of Trustees have made several meaningful benefit improvements designed to reward your continued dedication and strengthen the long-term value of your Pension Plan.
I. A Higher Accrual Rate-Because Every Hour Counts
Effective January 1, 2026, the Pension Plan's existing accrual rate will increase from $91.25 to $94.25.
What Does That Mean?
If you're actively working on December 31, 2025 (and haven't experienced an accrual freeze or break in service), every year of credited service you've already earned will be recalculated at the new, higher rate.