Type of Plan

Your retirement plan is NOT a government pension plan. It is a multiemployer retirement plan subject to a federal law called “ERISA”. Your participation does not prevent you from taking a Social Security benefit.

Employer Contribution

The amount contributed by your employer(s) is determined by the Collective Bargaining Agreement between your employer(s) and SEIU 775. The amount being contributed increased to $.50/qualifying hour in July 2018. Contributions are not taxed at the time they are made to the plan. Your plan only accepts employer contributions; you cannot contribute directly to the plan at this time.

Your Retirement Benefit

Contributions to your account are subject to the terms of the plan and federal tax laws. Your retirement benefit is based on your account balance in the plan at retirement. In addition to employer contributions, your account receives a share of investment gains and is reduced by investment losses, if any, as well as administrative expenses of operating the plan.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][vc_single_image image=”11642″ img_size=”48×48″][/vc_column][vc_column width=”2/3″][vc_column_text]For more information, see “Questions about Your Secure Retirement”.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][vc_single_image image=”11643″ img_size=”48×48″][/vc_column][vc_column width=”2/3″][vc_column_text]You can see information about your Annual Statement as well.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][vc_single_image image=”11645″ img_size=”48×48″][/vc_column][vc_column width=”2/3″][vc_column_text]QUESTIONS?

Call 1-866-770-1917 and select option 3 (8 a.m. to 5 p.m. Pacific time, Monday-Friday).[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]