Pension

Pension, health and 401(k) benefits are provided by the Equity-League Pension, Health and 401(k) Trust Funds. The Funds office is located at 165 West 46th Street, New York, NY 10036. Visit www.equityleague.org or call 212-869-9380 or 1-800-344-5220 (outside of New York).

Since its founding in 1961, the Pension Fund has grown with assets now exceeding $1 billion (as of December 31, 2005). The Pension Fund pay benefits to about 4,600 pensioners and beneficiaries totaling about $31 million annually. This is projected to increase so that by 2015 we will have more than 8,000 pension recipients receiving more than $55 million in annual benefits.

Under most Equity agreements, producers contribute a percentage of your weekly contractual salary (subject to a annual cap) into the Pension Fund.

How do I qualify for a pension ?
In general, you earn one year of vesting service for each calendar year in which you worked at least two weeks in covered employment.

You can become vested with 5 or 10 years of vesting service. If you are vested and become totally and permanently disabled, you may qualify for a Disability Pension.

More Pension Info: www.equityleague.org/pension/

Pension FAQs: www.equityleague.org/pension/pension_faq.html