Advantages of the Plan
- Western UNITE HERE and Employers Pension Fund is funded by the contributions made by participating employers under the provisions of a Union contract. You do not pay for the contributions from your paycheck. This is a true pension plan. You get a guaranteed monthly benefit.
- Your benefits are generally paid over your lifetime and can be sent anywhere in the world no matter where you retire.
- The Pension Benefit Guaranty Corporation (PBGC) is a Federal agency that guarantees your pension benefit up to certain limits set by law.
- You do not have to worry about investment decisions because the Pension Fund employs professional money managers who invest the money in various types of investments.
- The Pension Plan provides additional security for you and your family by also providing disability and death benefits.