For what purpose is the NEBF minimum disability benefit calculated?

The NEBF (National Electrical Benefit Fund) minimum disability benefit is primarily calculated based on years of service credits. This approach ensures that the benefit amount reflects the individual's level of participation and duration of service within the pension plan. The more years of service an individual has accumulated, the greater their service credits and consequently, the higher their potential disability benefits. This system underscores the importance of active, ongoing service and participation in the electrical industry, thereby rewarding long-term commitment. This method aligns with the principle of providing support that correlates with the individual's contribution to the fund over their career.