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N.R.I.P.P

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

N.R.I.P.P

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Getting Vested

You will become 100% vested in your Pension benefit (and entitled to a vested retirement benefit) if you have earned and retained at least five years of Vested Service (or upon attaining your Normal Retirement Age while a Plan Participant, if earlier). To earn one year of Vested Service, you need to work 1,000 hours in a single Plan Year (partial Vested Service is earned if a Participant works at least 450 hours in a single Plan Year).

How are Benefits paid

Benefits from the Plan are paid in the form of a monthly lifetime benefit. The Plan offers several different forms of monthly payment options. For further information, please refer to your Summery Plan Description.

Stay informed

The Fund office will mail out any updates,changes, or important information. Please update your address with the Fund Office by going to the Local Union.

Questions

If you have any more questions, please

visit its website
or call the Fund office at 1-800-595-7209.

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Eligibility

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).

Beneficiaries

Your surviving spouse or beneficiary may be entitled to a Death Benefit if you pass away prior to receiving benefits from the Plan. The form, amount and commencement date of the benefit payments depend upon various factors, including the date of your death. You should contact the

Fund Office for more information.