Becoming a Member
Membership in the LPF is a valuable part of your benefits. Becoming a member of a secure defined benefit pension plan like the LPF will provide you a retirement income for the rest of your life.
Canadians generally receive retirement income from three sources – government administered pension programs, employer-sponsored retirement savings plans and personal savings.
You are automatically enrolled in the Plan when you work for an employer that signed a Collective Bargaining Agreement with the Local Union to which you belong and who has been accepted by the Trustees of the Plan.
You become a Member of the Plan when your Employer remits 1,200 hours to the LPF on your behalf or if you work for that employer for two consecutive years where your earnings exceeded 35% of the Years’ Maximum Pensionable Earnings (YMPE) in each year.