LABORERS’ PENSION FUND
What You Need to Know
The Massachusetts Laborers’ Pension Fund was established on June 1, 1962, with a 10 cent-per-hour contribution. Still going strong, the Pension Fund continues to reward hard-working members for their years of service in the industry.
The Pension Fund is designed to provide you and your family with a steady monthly income when you retire that lasts as long as you live, and has options to pay benefits to your spouse, too if you die before them.
Your employer makes contributions on your behalf (as required by the collective bargaining agreement). The benefit you receive at retirement will depend on the number of years and hours you work, your age at retirement, and the payment form you elect to receive your pension.