LOCAL 231 IBEW RETIREMENT PLAN

Employer Match

An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.

In 2023, LOCAL 231 IBEW RETIREMENT PLAN allocates $2,394,150 to match its employees’ contributions, providing an employer match rate of 1338.05% of their contributions

In 2023, the estimated average employer match for an employee in LOCAL 231 IBEW RETIREMENT PLAN is approximately $4,551