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!
As the fourth largest natural gas consuming state in the country, New York runs on natural gas. Integral to the New York state economy, the use of natural gas and the pipeline infrastructure that delivers gas from neighboring states not only provides clean, homegrown, abundant, reliable and affordable energy, but also provides good-paying jobs and hundreds of millions of dollars in revenue for communities nationwide.
The Northern Access pipeline will provide an outlet for natural gas production in north-central Pennsylvania, connecting it to the interstate pipeline system. That system connects to markets in the northeastern U.S. and mid-Atlantic regions as well as eastern Canada. The new sections of pipeline will interconnect specifically with the existing Trans Canada and Tennessee Gas Pipeline systems.
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