Pension Plan No. 2

A defined benefit plan designed to provide you with a monthly income in retirement

About Pension Plan No. 2

While working for a contributing employer, construction members earn benefit credit in Plan 2. These benefits provide participants with a monthly income in retirement, when disabled, or for their surviving spouse.

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Earning Pension Credit

Vesting

Break in Service

Benefit Options

Applying for Benefits

Prohibited Employment

The SPD describes the Plan provisions in a manner intended to be understood by Plan participants. If there is any variation between the language in the SPD booklet and in the Plan itself, the Plan language will prevail.

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Recent Updates

Please review the important updates below, as they reflect the most current information and take precedence over details in the SPD.

  • Benefit Update – November 2025

    Definition of Disability and 60 and Out Pension option

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  • Benefit Update – September 2023

    Required Minimum Distribution Changes and Small Benefit Cash Out

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  • Benefit Update – December 2022

    Pension Increases and Qualified Joint and Survivor Pension

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  • Benefit Update – April 2021

    COVID-19 Assistance Program (CAP)

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  • Benefit Update – December 2019

    Pension Increases and 13th Check for Eligible Retirees

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  • Benefit Update – October 2017

    Increase to Pension Benefit Accrual Rate

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  • Benefit Update – September 2012

    Increase to Accrual Rate

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Annual Funding Notice

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