The IAM National Pension Fund provides participants with a defined-benefit pension plan for their retirement.
While defined-benefit plans were prominent in the past, unfortunately only 12.2 percent of private-sector workers last year said they had access to a defined-benefit plan like the IAM National Pension Fund. These benefits fortify a crucial part of the three-legged stool of American retirement consisting of Social Security, employee pensions, and personal savings.
For decades, the IAM National Pension Fund, IAM National 401(k) Fund, and National IAM Benefit Trust Fund, have provided important retirement and healthcare benefits to IAMAW members, working in a variety of career fields, and their families.
Labor Union for the 21st Century - GOIAM