NATIONAL ROOFING INDUSTRY SUPPLEMENTAL PENSION PLAN
Since it was established in 1966, the National Roofing Industry Pension Fund has provided retirement income for thousands of Union Roofers and Waterproofers across the country. The National Roofing Industry Pension Plan has had a history of growth and improvement to meet the retirement needs of the participants.
In 2000 the trustees made an important enhancement to the NRIPF by adding the National Roofing Industry Supplemental Pension Plan (NRISPP), a qualified "defined contribution" plan. The NRISPP was created to supplement your NRIPP benefit and provide you with more financial choices for your retirement.
In order for you to be a part of the NRISPP, your local union must negotiate for contributions to be made by your employer to the NRISPP for you.
The NRISPP has the same goals and objectives as the NRIPP: helping you achieve a secure and comfortable retirement based upon your years of work in our industry. Employer contributions to the NRISPP for you go into your NRISPP account and are invested over your working years. The value of your account is there for you when you retire or become disabled and also for your spouse or other beneficiary if you die before retirement.
Your NRISPP account is a supplement to the amount of your NRIPP monthly benefit. You can also have your NRISPP account payable in other ways besides a monthly benefit, including one lump-sum upon retirement if you are receiving benefits from the NRIPP.
The NRISPP is technically known as a "defined contribution" or "individual account" plan. This means the benefits payable from the plan are based on the contributions to your account by employers, plus any eligible rollover contributions you make, plus investment earnings, minus any investment losses and administrative expenses.
This is a brief summary of the NRISPP. Contact the Fund office or visit its website
for more information or to receive a copy of the Summary Plan Description.
CONTACT THE FUND OFFICE
If you have questions, please contact the Fund office, Wilson-McShane Corporation:
3001 Metro Dr., Ste. 500
Bloomington, MN 55425
ACCESS IMPORTANT PENSION INFORMATION ONLINE
Information regarding your pension is now available online at the fund’s website, www.nripf.com
. Logging in to this website lets you access all your pension account information in one place. You can:
- view your monthly work hours contributed to the fund;
- view your estimated “normal retirement age” benefit;
- see a complete history of contributions made on your behalf;
- verify your contact information;
- download important forms, including the pension plan application, authorization for electronic deposit, beneficiary designation and more;
- download documents, including the Summary Plan Descriptions, recent notices and more; and
- use the site to e-mail any questions to the Fund office.
Go to www.nripf.com
on your Web browser. If it is your first time logging in, you will be asked to enter personal information to verify your identity. You will also need to provide an e-mail address, password and security question.
Once you are logged in, simply select from the menu options to view your history or download forms. You can also click on “Contact Us” to send an e-mail to a pension fund representative, who will be happy to assist you with any questions.