Seafarers International Union Other service
Benefit Plans
Pension, money purchase pension and vacation plans for members employed by signatory maritime employers.
Description
The Seafarers Pension Plan provides retirement benefits as a monthly annuity to employees of signatory maritime employers that have collective bargaining agreements with the SIU or an affiliated union. Once a participant is vested, benefits are payable as an annuity at normal retirement age.
Key features
- Seafarers Pension Plan
- Seafarers Money Purchase Pension Plan, with multiple benefit forms
- Seafarers Vacation Plan
- Pension department support for applications and forms
Applications
Retirement and vacation benefits for mariners employed by signatory employers.
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