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Disability Pension
| Age | At any age, if you are “totally and permanently disabled” according to Plan’s definition. | ||
| Pension Credits and Other Requirements | - Have not retired under a different type of pension. - Earned at least 10 pension credits. - Earned at least ¼ of a pension credit in 1983 or later from covered employment with this Fund or with a reciprocating Plan in the 36-month period immediately preceding date of disability. - Determined “totally and permanently disabled” by the Social Security Administration or, if rejected by Social Security, by a physician approved by the Board of Trustees. |
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| Basic Benefit | - If you have at least 15 pension credits, it is calculated the same way as a regular pension. - If you have fewer than 15 pension credits but at least 10, it is 75% of the amount of the regular pension. |
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| Payment Options Surviving Spouse/Beneficiary Benefits | - 50% Husband and Wife (automatic for married members) - 75% Husband and Wife - 100% Husband and Wife - 60 Certain Payments (automatic for single members) - 120 Certain Payments - Lump-Sum Readjustment Allowance (LSRA) - Lump-Sum Payment (automatic for a pension benefit with a value of $5,000 or less) |
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| View Summary Plan Description | |||
Copyright © 2006 Massachusetts Laborers' Benefit Funds