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 KEY ADVANTAGES OF THE PENSION PLAN 

  • The Culinary & Bartenders Pension Plan is funded by the contributions made by participating employers under the provisions of a Union contract. You do not pay for the contributions from your paycheck. This is a true pension plan. You get a guaranteed monthly benefit.

  • Your benefits are generally paid over your lifetime and can be sent anywhere in the world no matter where you retire.

  • The Pension Benefit Guaranty Corporation (PBGC) is a Federal agency that guarantees your pension benefit up to certain limits set by law.

  • You do not have to worry about investment decisions because the Pension Fund employs professional money managers who invest the money in various types of investments.

  • The Pension Plan provides additional security for you and your family by also providing disability and death benefits.



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