ILPF will host a booth at the International Brotherhood of Teamsters 29th Convention, June 27 through July 1, 2016, in Las Vegas. ILPF staff will be on hand to answer questions.
“Today’s workers fear that they might run out of retirement savings before they die. It’s important to compare how defined benefit and defined contribution pension funds work and know what you should expect. How do you make your savings last the rest of your life?Read More
“None of my previous jobs offered a defined benefit pension plan. We’ve seen how the benefits provided by plans based on stocks, such as 401(k)s, can erode as the stock market plummets. The ILPF is a gift that very few workers have – a lifelong benefit.Read More
“I plan on working until I’m eligible for full retirement benefits. I think the ILPF provides really excellent benefits. My contribution is taken directly out of my paycheck. I don’t have to think about it, so it’s easy to save for retirement. Belonging to the ILPF gives me a great sense of security.Read More
"The ILPF is a good investment. I’ve been working at my present job for 39 years, but the employer plan will provide me with less than $800 a month when I retire. Contrast that with the payment I’ll receive from the Fund. Even by age 63, before I plan to retire, I’ll have already earned more than twice as much a month.Read More
“It’s a rare fund and my retirement would be poor without it. I can’t think of any other fund that you get every penny you put in. When I retired, I had paid in a total of $88,000 over 39 years. If I live 25 years past my retirement age, the fund will provide a little under a million dollars in pension payments. I got what I paid in a couple of years and the rest is pure profit.Read More