1295 Butterfield Rd., Aurora, IL 60502-8879 Ph (630) 978-4600 
 Fax (630) 978-4616    
benefitinfo@nibf501.org

 

 

 

 

 

 

 



Forms

Updates

Trustees

Announcements

Summary Plan Description *

Summary Annual Report *

Overview of Forms of Payment

FAQ's

 

                                            PENSION FUND

Frequently Asked Questions                 

1.   Who controls how my Pension Fund money is invested? 

The Northern Illinois Pension Fund is administered by the Board of Trustees.  Professional Investment Managers make investment decisions in compliance with investment guidelines established by the Board of Trustees.

2.   Can I borrow from my Pension Fund? 

No. There are no hardship distributions and you cannot borrow against your Pension Fund.

 3.   How often are my Pension Fund statements sent out? 

The Northern Illinois Pension Fund sends out yearly Pension Fund Benefit Statements in late summer or early fall. 

4.    How old do I have to be to receive my Pension benefits? 

Normal retirement age is 62.  The Plan provides for an early retirement at age 57 but you do take a 6% reduction for every year before 60 you retire.  There is an amendment that provides for an early retirement at age 60 without a reduction in your benefit amount that is explained in your SPD.  Be aware that you must first be fully vested to receive this benefit. 

5.   Who do I contact if my Pension statement reflects the wrong hours or dollars?

Please contact the Fund Office at (630) 978-4600.

6.    Where can I get copies of my marriage license or birth certificates?

Certified copies of marriage or birth records are available from the county clerk in the county where the marriage or birth occurred.  Visit Illinois's website at http://www.idph.state.il.us/ .

7.  Can I get a copy of my discharge papers?

The Department of Veterans Affairs does not maintain records of veterans military service, except as is necessary for providing benefits. For information about obtaining your military record, please visit the Military Personnel Records Center in St. Louis, which is part of the National Archives and Records Administration. Also, please see "Requests for Veterans' Military Information" at www.archives.gov/facilities/mo/st_louis/military_personnel_records/standard_form_180.html That page gives instructions in submitting a SF 180 Request Pertaining to Military Records. Your questions may also be sent to: National Personnel Records Center Military Personnel Records Center 9700 Page Boulevard St. Louis, MO 63132-5100

 

*In order to view these documents you must have Adobe® Acrobat® Reader. If you do not have this software, you can download it for free from Adobe's Web Site.
 
 
 

This site as last updated : 11/11/08

Please contact the webmaster with any questions or comments

Plumbers and Pipefitters Local 501
Northern Illinois Benefit Funds
1295 Butterfield Rd., Aurora, IL 60502-8879
Ph (630) 978-4600 Fax (630) 978-4616