The NRIPP was established in 1966 to help Roofers and their families prepare for financial security during their retirement years. As of January 1, 2021, the NRIPP provides benefits to around 8,700 retirees and beneficiaries and has paid out more than $1 billion in benefits. About 14,000 roofing industry employees currently work under contracts covered by the NRIPP.
When it comes to planning your financial future you want to know that you have something you can count on. This is especially true when it comes to your retirement. That’s why the National Roofing Industry Pension Plan (NRIPP) was established. It was created to reward long-term participants with financial security at retirement.
Some of your pension benefits under this multiemployer plan are insured by the Pension Benefit Guaranty Corporation
(PBGC), a federal insurance agency. For more information on the protection provided by the PBGC and the benefits it guarantees, see your Summary Plan Description
How are Benefits paid
or call the Fund office at 1-800-595-7209.
- Normal Retirement: Normal retirement benefits are payable upon retirement after you have reached Normal Retirement Age. Your Normal Retirement Age is your age when you have both (i) attained age 65 and (II) either attained your fifth anniversary as a Plan Participant or earned at least five years of Vested Service.
- Early Retirement: You are eligible for early retirement benefits if you have at least 15 years of Vested Service and retire between ages 55 and 65. If you were a Participant in the Plan before January 1, 2004 and have not lost all your Vested Service earned before January 1, 2004, you will be eligible for early retirement benefits if you have at least 10 years of Vested Service and you retire between ages 55 and 65.
- Disability Retirement: You will be eligible to receive a disability benefit if you meet the eligibility requirements as outlined in the Plan. For further information, please refer to your Summary Plan Description (SPD).