Contact Us

You can contact the Fund Office as follows:

  • Phone: 1-800-424-9608 (participants); 202-785-2658 (others). Our phones are open Monday through Friday, 7:30 a.m. to 7:00 p.m. Eastern Time.
  • Fax: 202-463-8098 or 202-457-8653 (Please use this form  when faxing a request for estimate or pension applicaton.)
  • Mail: IAM National Pension Fund, 1300 Connecticut Avenue, NW, Suite 300, Washington, DC 20036-1711 (Please use this form  to make a written request for estimate or pension applicaton.)
  • E-mail: Send inquiries to contact@iamnpf.org. If you are requesting an estimate of benefits or a pension application, please include the information shown on this form  in the message field. Your e-mail message will receive a written, mailed response.

    (Non-participant union members requesting information about the Fund, please complete all of the fields below. If you are not a union member, complete the name and address fields only and include your message in the message field.)

  

Contact Form

Contact Form













  • IAMNPF Image

Reytausha McPherson
DL 70—Wichita, KS
Plan Participant

Frequently Asked Question (FAQ)

How many participants are in the National Pension Plan?

The plan currently covers more than 100,000 active participants.

Can a company of any size join the National Pension Plan?

Yes. The plan covers members from companies of any size, from one member to thousands of members.

What is the average employer contribution rate?

The current average contribution rate is $1.85 per hour.

Why is the National Pension Plan so valuable?

For four good reasons: 1) contributions are made by the employer and not the employee; 2) since the benefits are guaranteed by the PBGC, there is limited risk to you when you participate in the plan; 3) the benefits are solely for retirement and cannot be used for any other purpose; and 4) benefit amounts are known and are paid for your lifetime.

When was the Fund started?

The Fund was established in 1960.

Who manages the Fund's assets?

The Fund's assets are managed by professional investment managers who follow the investment objectives set by the Fund's investment committee.

Who oversees the Fund's operations?

The joint Board of Trustees is responsible for overseeing the Fund's operations and performance. The Fund Director oversees its day-to-day operations.

What does the Fund do with earnings on investments?

The Fund is a not-for-profit organization. All investment earnings are used to provide benefits to pensioners and beneficiaries, and to cover the cost of running the Fund.

Is the Fund financially sound?

Yes. Unlike many single-employer or company pension plans, the National Pension Plan is well funded and financially sound. View copies of the plan's Annual Funding Notice here.

What does the Fund Director do?

The Fund Director is responsible for the day-to-day operations of the Fund and all the benefits and services provided by the Fund.

Who does the Fund Director work for?

The Fund Director works for the benefit of all plan participants and beneficiaries and reports directly to the Fund's joint Board of Trustees.

How is the Fund Director selected?

The Fund Director is selected by the Board of Trustees based on his or her professional experience and credentials.

What states have the greatest number of contributing employers to the Fund?

They are, in order: 1) Illinois; 2) California; 3) Ohio.

Does the National Pension Plan have contributing employers in every state?

There are only a few states that do not have contributing employers.

If the National Pension Plan is better, why are 401(k) plans so popular?

401(k) plans are popular with employers because they shift the expense and investment risk to employees. They are popular with employees because 1) payroll deductions are made on a before-tax basis (which allows employees to defer paying taxes on the portion they contribute to the plan); 2) they often offer a choice of investment options and 3) account balances are generally accessible either through loans, hardship withdrawals or in-service withdrawals, or at the time an employee leaves the employer.

Can I be in both the National Pension Plan and a 401(k) plan?

Yes. The IAM National Pension Fund also offers the IAM National 401(k) Plan to participants who have negotiated the National Pension Plan into their collective bargaining agreement. Also, if your employer offers a defined benefit plan to collectively bargained employees, you can participate in the IAM National 401(k) Plan.

Who manages the Fund's assets?

The Fund's assets are managed by professional investment managers who follow the investment objectives set by the Fund's investment committee.

What does the Fund do with earnings on investments?

The Fund is a not-for-profit organization. All investment earnings are used to provide benefits to pensioners and beneficiaries, and to cover the cost of running the Fund.

Is the Fund financially sound?

Yes. Unlike many single-employer or company pension plans, the National Pension Plan is well funded and financially sound. View copies of the plan's Annual Funding Notice here.

What if I get divorced or legally separated?

View All FAQs »