Thursday, April 2, 2026

Frequently Asked Questions



Money Purchase Pension Plan

Q. Who is eligible to become a Participant in the Plan?
A. You are eligible to participate in the Plan if you work for an Employer that is required to make contributions to the MFOW Money Purchase Pension Plan for the work you perform. For most Participants, this means working in a position covered by a Collective Bargaining Agreement between the Employer and the Union.
Q. Do I need to do anything to enroll in the Plan?
A. No, you become a Participant automatically once contributions are made to the Plan on your behalf
Q. How do I become eligible to withdraw money from my account?
A. You are eligible to withdraw funds from your account at retirement; if you become totally and permanently disabled; or if you leave employment.
Q. How do I apply for a benefit?
A. The Union Office will send you the necessary paperwork upon request.
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