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As PIBF Co-Chairman, I am proud to announce an accrual increase for the Welders, Journeymen, and Helpers. The Journeymen rate increased from $205 to $220, and the Helpers increased from $136 to $146 per credit. Additionally, retired members will enjoy a five percent increase in their monthly amount. After the pension raises were calculated, the fund is still at 110.8 percent!
Pipeliners build the pipelines that give communities across the country access to critical energy production. The country has benefited greatly from the use of our domestic oil and natural gas. These domestic resources have contributed billions of dollars to the national economy and helped energize markets across the country and beyond.