Pension board institutes retiree work rule

THE BOARD OF Trustees of the Boilermaker-Blacksmith National Pension Trust recently instituted a new Special Retiree Work Rule for the period of Mar. 1, 2007 through Feb. 29, 2008. The new rule will allow certain retirees to work up to 999.5 hours of covered Boilermaker work without suspension of benefits in those areas or locals in which a “Bona Fide Labor Shortage” has been declared.

Len Beauchamp, associate executive administrator for the National Funds office, said all pensioners were sent a letter in March explaining the conditions under which retirees may work under the special rule. The mailing included a form which must be filled out by the pensioner.

For additional information, contact your local lodge or call the National Funds office at 866-342-6555 (toll free) or 913-342-2882 (local).

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