Retirement Update: Announcing Our Pension Increase
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Laborers work hard and deserve a great retirement. That’s why we’re increasing monthly retirement pension benefits for qualifying Laborers starting in 2022.
Starting January 1, 2022, all Laborers who have worked at least 250 hours in the year 2020 or later will be eligible for an increase in their accrual rate. This means increased retirement payments every month for every year worked.
As always, our Pension Fund staff is happy to answer any questions about your retirement, and we’re excited to introduce a few new members of the team, in case you didn’t already know.
Reach out to our team by calling 781-272-1000 ext. 150 or by emailing us at pension@mlbf.org.