Who makes the NEAP contribution?
All contributions are made each month by covered employers on behalf of their eligible employees.
back to top
Who decides how much is contributed? How is the amount determined?
The amount contributed on your behalf can be found in the Collective Bargaining Agreement between your employer and the IBEW Local Union. The amount is negotiated by your employer and the Local Union.
back to top
When did my company start making contributions to NEAP on my behalf?
Your employer started making contributions to NEAP on your behalf starting with your first hour of NEAP covered employment.
back to top
Will I receive a monthly account balance statement?
No. Quarterly, NEAP will mail a statement to you showing the balance of your individual account for the previous quarter. This statement will also show all contributions made to NEAP on your behalf and your individual account's investment performance.
back to top
How can I get account balance information?
You can obtain an update of the balance in your individual account by email to
benefits_website@nebf.com, or you can submit a signed, written request to NEAP.
back to top
Can I view my individual account online?
No.
back to top
How many hours do I need to work to be vested in the Plan?
You are considered vested when you have worked 160 hours in covered employment during the period beginning with your first day of covered employment and ending on December 31 of the following year.
back to top