The Sheet Metal Workers’ National Pension Fund Board of Trustees are pleased to announce that for 2026, the accrual rate will be 1%. Under the VBAR Formula, the 2026 calculation provides for a 2026 accrual of 0.5%. However, at their recent meeting, the Trustees took action to increase the rate for 2026 to 1%. More information can be found here.
The Pension Fund Announces a Benefit Improvement for the 2026 Plan Year!
January 22, 2026