"The ILPF is a good investment. I’ve been working at my present job for 39 years, but the employer plan will provide me with less than $800 a month when I retire. Contrast that with the payment I’ll receive from the Fund. Even by age 63, before I plan to retire, I’ll have already earned more than twice as much a month.
I would be in trouble if I had to rely solely on Social Security and my employer pension plan.I encourage everyone who is eligible to join the plan. It will really help you in the long run. Besides, you won’t have to pay taxes on your contributions until after you retire and if you decide to leave the industry, you’ll get everything back that you have paid in.”