RECEIVE YOUR MONTHLY PENSION BENEFIT AND A WEEKLY PAYCHECK
Here is how that works.
Retirees who wish to return to work under a Collective Bargaining Agreement of an IBEW Local Union from now until December 31st, 2022, are allowed to work AND receive their Local 697 monthly Pension Benefit if:
A) Ninety (90) calendar days have elapsed from the date of their first monthly IBEW Local 697 Pension benefit payment, and,
B) At the time that they return to work and throughout that stay of employment, the employees ERTS election delineates that all benefit fund contributions are to be reciprocated to the Benefit Funds of the IBEW Local 697.
If the retiree returns to work please be advised that:
C) You will maintain your current retiree status within the Lake County Indiana, NECA-IBEW Health and Benefit Plan.