About NIGPP   

  Plan Summary
  NIGPP Groups
  Negotiations
  Glossary 
  Links
  Home
 


Negotiations

This information is for an Employer and Union who are already participating in the Plan.  From time to time, through collective bargaining, the Employer and Union may agree to an increase in the benefits they wish to provide to Plan Participants.  The Supplement Form should be used to implement such an improvement in pension benefits. 

Please be advised that, on March 31, 2009 the plan actuary of the National Integrated Group Pension Plan (the "Plan") certified that the Plan is in critical status for the plan year beginning January 1, 2009.  As a result, in accordance with the provisions of the Internal Revenue Code and the Employee Benefit Security Act of 1974, as amended by the Pension Protection Act of 2006, the Board of Trustees is not permitted to accept your request for a Supplement to your Participation Agreement.

 

Get Adobe Acrobat