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The Davis-Bacon Act requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works.
The NEBF is a multi-employer, defined-benefit plan. The IBEW/NECA Electronic Reciprocal Transfer System (ERTS) posts a directory of local defined benefit plans primarily to assist plan participants in requesting the transfer of pension and health and welfare money (contributions) back to their home funds, no matter where they may be working.
Through local and nationals JATC, NECA and IBEW are training more than 42,000 apprentices annually for jobs in the industrial, commercial, residential, and telecommunications sectors. More than 50,000 journeymen annually take courses to advance their skills, making sure they are prepared to install and maintain the latest equipment and products.
The Powering America Team consists of craftsmen of the International Brotherhood of Electrical Workers (IBEW) and their signatory contractors—including those who are members of the National Electrical Contractors Association (NECA), supported by the electrical training ALLIANCE.
A summary and analysis of key trends in plan demographics, cash flows, investments, funding, costs, and expenses for multiemployer defined benefit pension plans the construction industry covering Electrical Workers.
Labor Relations is crucial to the success of NECA and its member companies. Join NECA’s labor relations experts for a bi-weekly discussion of all this complicated topic entails.
The NECA Labor Relations conference is dedicated to providing the latest information on labor law, benefits, trusts and much more, with valuable information on how to navigate current labor relations.
The conference is held for the benefit of fund administrators, local union business managers, chapter managers, trustees, and their respective staff.