Beer Industry-Local Union No. 744 Pension Fund

The Beer Industry-Local Union No. 744 Pension Plan is a Trust Fund with two separate pension plans.

The "defined benefit" pension plan has several types of pensions. The amount of your pension is based on the form you elect, your age, your number of Pension Credits and whether you have one or more Periods of Accrual.

The Individual Account Plan, "IAP", has an account for each participant in which employer contributions are accumulated. Benefits under the Individual Account Plan are paid in the form of a lump sum.

If there is any discrepancy between these highlights and the official Plan document, the Plan document will govern.

As always, if you have any questions or would like a pension estimate please call the Fund Office at (312) 829-6506 ext. 131.