National Grid USA Companies Final Average Pay Pension Plan
Corporate VC
Brooklyn, New York, United States
National Grid USA Companies Final Average Pay Pension Plan is a single-employer non-contributory collective bargaining defined-benefit corporate pension based in Brooklyn, New York. Established in 1943, the plan provides retirement benefits to eligible employees of the National Grid. The plan provides retirees with a predetermined monthly retirement benefit upon reaching a specific age. The plan is administered by the Investment Committee and the Benefits Committee. Bank of New York Mellon serves as the Plan Trustee.