National Electrical Annuity Plan Withdrawal

The national electrical annuity plan neap was established on december 11 1973.

National electrical annuity plan withdrawal. A withdrawal benefit allows an eligible participant to withdraw the entire balance of their individual account prior to qualifying for either a disability benefit or a. National electrical annuity plan 2400 research boulevard suite 500. Download an nebf pension benefit application. Eligible individuals can receive a pension or disability benefit separate from social security or other pension benefits.

Both plans provide retirement and related benefits to employees in the electrical industry. Est monday through friday. In order to ensure the health and safety of our employees and their families amid the covid 19 global pandemic national electrical annuity plan office staff began to work remotely as of march 19 2020. The only way to take money out of the neap account before retirement is by withdrawing the entire amount and closing the account.

A small team remains onsite daily to ensure that necessary processes are completed and to process documents received to the office as needed. Our online benefits portal is secured with the same encryption methods used to protect sensitive military data to ensure that your information is safe. A withdrawal benefit is generally for participants who spent a relatively short time in covered employment and then left either covered employment or the electrical industry. The national electric annuity plan or neap is the pension plan for the international brotherhood of electrical workers.

National electrical annuity plan. National electrical benefit fund.