For "A" members with 20 years or more, those who meet the qualifications of an applicant for pension may apply for early retirement between the ages of 62-64, but will experience a 6.66% reduction in monthly payments for each year or part thereof that they are under the age of 65 at the time they begin to receive a benefit. Call and request a Pension Application and Retirement Summary. Please note: -You can only report Lost/Stolen on the mobile app (which will send you 2 cards with a new number). IBEW Local 915 | Retirement Benefits. Roseland, NJ 07068. Current benefit is equal to 50% of the accrued benefit . 0000000016 00000 n Do I have to pay taxes on the Weekly Income Benefits? The 102 Welfare Fund is currently using Blue Cross/Blue Shield, as our Preferred Provider Organizations (PPO). How often do I need to have a physicians statement completed by my doctor? 38, 4 %, However, participants may receive a copy of their 2022 IRS Form 1095-B from the Fund upon request to the Fund Office. Does my spouse have to meet two deductibles? hUk0W=}K6B-uP%&1$v]-YqtE}w/3-* W"hIt:|EK\%nyS^7-1Fyg6[7D*:v2~=\h&xD,wb76I]VGm)Z_j@vUYMmuy. BENEFITS TO MEMBERSHIP. Please do not email the Benefit Application as it contains private information and email may not be HIPAA-compliant. WHEREAS, the IBEW Constitution provides under Article XI, Section 6(h): . IBEW LU 716 Pension Office. This can occur in two ways: Note: not all Benny Card transactions require documentation to be submitted. PHONE. <<4C930E70C8203845BAB6027D3D11C6D6>]>> The current benefit is $4.50 per month for each year of continuous good standing as an "A" member. United Concordia: This February, show a little love to your gums. The Retiree Plan of Benefits is medical coverage and prescription coverage. What is the medical deductible per year for an individual and for the family? An additional thirteen weeks is . www.ibew.org/members/pensionbenefitfund/ArtXI_041207.pdf. Does my spouse have to take his/her own insurance if it is offered by his/her employer regardless of the cost? It is vital that . trailer - Yes, your prescription coverage through the Fund will continue with the SilverScript Prescription Drug Plan (PDP). If a generic is available and you choose the brand, then you will pay the brand co-pay plus the difference in cost between generic and brand. It is important that NEBF be notified of your or your spouses death and receives a copy of the death certificate as soon as possible. HRA reimbursement form. has compiled the questions and answers listed below as a general explanatory guide to the Local Union (L.U.) Pension Plan #3: Personal Benefit Fund (PBF) Part of your monthly dues pay for a $6,250 natural / $12,500 accidental death benefit that at retirement becomes a defined pension benefit paying $4.50 per month per consecutive years of service. You will need to send a check or money order. "A" members who meet the qualifications of an applicant for pension may also receive a monthly benefit from the IBEW Pension Benefit Fund. Please call our toll-free number 1-800-547-7754 if you have questions about the choices. When I become eligible for Medicare, do I have to purchase Medicare Part B? Who should I contact for information about my pension benefits?How do I apply for pension benefits? 615 0 obj <>stream What if my dentist isnt a Guardian provider? Who are the PPO Providers being used by the Fund and how can I contact them? . HEALTH REIMBURSEMENT ACCOUNT (HRA)How do I order new Benny Cards? What if I die while I am receiving a benefit. The Employer Identification Number of the IBEW is 530088380. 0000002986 00000 n hO0SBBiD^k-unJTgQD(QLEBX)2Hp9a"bJXS]Z\JV0-F(lQpVpl/ The Retiree Plan is NOT automatic, so you will need to submit an application to our office. If I am called up for military service, do I retain my pension rights? How do I order new Benny Cards? "It is also a good deal," Reidenbach said. Every six to eight weeks unless your physician states on the form that you are permanently and totally disabled. Call 1-844-345-3233 and use the automated system to order new cards. The IBEW PBF is a defined benefit plan. For more info, see How To Use Your Benny Card. If I take another job after I retire, will I lose my pension? HTMo0W(LHaiN%R;fI}i`YIG'7WYgf`kouTunlu{;u;xkd//99k_rHIO5%mgySy{"Q-]B1A VX4@jg$'$ t2F 5*hp\ .#4@wFc-!XxI+x*~UV Z"..MY:N#[&vg3_)SJ2;NwK4\O Yes, there are some instances in which you would qualify for a benefit even though you are not vested. How long does it take for my benefits to begin once I retire? If you would like a copy of your 2022 Form 1095-B, you may request a copy by email at: Eligibility@8thdistrictbf.org, by phone at: (844) 989-2321, or by mailing your request to: P.O. The IBEW Constitution compels us in its Objects to organize all electrical workers in every . ;#akpy3x]|Zj '| v;|h '|Z pE!?K=]Y3Vm.xzK4L Others set the premiums so high that the typical electrical worker could not afford to maintain life insurance for his or her surviving family. Phone: (813) 621-6451 Fax: 813-623-1623. The normal retirement age is 65 years old. A:+)$%6j\BQ^3hOtbm)SchHx !=Z}8$J=._^-, endstream endobj startxref Inquiries about RX deductibles should be referred to CVS/Caremark at 1-844-345-3233. What happens to my spouse if I pass away after I retire? Do I need to notify the Fund Office if my spouse passes away? Login When I become eligible for Medicare, do I have to purchase Medicare Part B? endstream endobj 55 0 obj <>/Metadata 10 0 R/Pages 52 0 R/StructTreeRoot 14 0 R/Type/Catalog>> endobj 56 0 obj <>/MediaBox[0 0 612 792]/Parent 52 0 R/Resources<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 57 0 obj <>stream How do I order new Prescription Cards? IBEW PENSION BENEFIT FUND [PBF] 1) PBF is $4.50 per month per years of membership . "A" members need only hold IBEW membership for six months for their named beneficiary to receive the death benefit. How long does it take for my benefits to begin once I retire? 0 What is the reason for a HIPAA Customer Service Consent form? IBEW Pension Benefit Fund (PBF) Documents. Do I have to be a certain age to Retire? At the 37th IBEW Convention held in September 2006, the delegates approved an increase to PBF pension benefits providing a $4.50 credit per year of service. . The SilverScript coverage will remain in effect unless you elect a different Medicare Part D Plan outside of the Fund's SilverScript Plan. endstream endobj startxref $22.00 in Per Capita to IBEW (AS OF JANUARY 1, 2023) $21.00 to the IBEW Pension Benefit Fund (AS OF JANUARY 1, 2023) $2.20 to the Electrical Workers Death Benefit Society $0.50 to the Overage Fund $3.46 to Local Union No. but not disability pension benefits or death benefits. Do I need to complete an accident form even though my claim wasnt due to an accident? endstream endobj 60 0 obj <. 3 2019. How long do I have to submit my retiree application? The beneficiaries of retired "A" members may also be eligible for a death benefit between $3,000 and $6,250, depending upon how much the member has received in pension benefits at the time of their death. Do I need to notify the Fund Office if my spouse passes away? If I lose eligibility will I be notified once I become eligible again? Southern California IBEW held that upon the Alternate Payee's death, the retiree will receive the full pension amount. 0 However, the application MUST be received in the Fund Office within 90 days of the last day worked, 90 days from the run out of bank hours or 90 days from the date you receive your first proof of award. All individuals currently holding "BA" membership with the IBEW are encouraged to take advantage of the benefits associated with changing their membership to "A." All completed forms need to be received by IBEW 292 Benefits Office by December 2, 2022. You used the Benny Card to pay for an ineligible HRA expense. Your rights are protected by U.S.E.R.R.A. Please confirm your benefit and beneficiary information by calling 718-591-4400. Yes, you must always keep the Fund informed of your address and at the time you retire, you must make application for the benefits. Do you take COBRA payments over the phone? endstream endobj 327 0 obj <>/Metadata 34 0 R/PageLabels 321 0 R/Pages 324 0 R/StructTreeRoot 50 0 R/Type/Catalog/ViewerPreferences<>>> endobj 328 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/Rotate 0/StructParents 2/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 329 0 obj <>stream Effective May 30, 2016, a pension pre-retirement death benefit will no longer be forfeited if you are Home; About Us; Apply; New Member Orientation; Dispatch . Why is my Benny Card suspended? The Local 1245 Executive Board unanimously approved the following benefit enhancements to IBEW 1245 members: Active Member (less than age 70) AD&D of $25,000 Member Term Life Death Benefit of $2,500 (increased from the current $1,000) Spouse Term Life Death Benefit of $500; . May I retire before age 65? 70 0 obj <>/Filter/FlateDecode/ID[<42994DC3F1A3824EB762CD90F109DA64>]/Index[54 39]/Info 53 0 R/Length 88/Prev 153595/Root 55 0 R/Size 93/Type/XRef/W[1 3 1]>>stream 6. The Joint & Survivor options give you a reduced lifetime benefit which will continue for your spouse in the event of your death. No, if you are Medicare eligible AND less than age 65. IBEW Pension and Reciprocity Department . However, for retirees and their spouses under the age of 65, the individual and family deductibles per the respective plan (Base or Alt), do apply. 2. Income Security Act of. If I return to work, will I have dental and vision coverage? The benefits associated with "A" membership in the IBEW are just one of the examples of the way the IBEW "takes care of their own," said Larry Reidenbach, Senior Executive Assistant to International Secretary-Treasurer Salvatore Chilia. ]mP|\\F-]s 9"Z'a89Fum`Ipb;[1AUQ\"Y[|8^V=uk~{Szc'C(]YZn*UPhLz()x;%Aa? Author: Janks, Joan Created Date: 07/13/2020 08:48:00 However, the dues payments of "BA" members do not include the portion attributable to the IBEW Pension Benefit Fund. You should contact the Fund Office for questions regarding your pension benefits. Press 9 for eligibility status3. Is there a deductible on our Prescription Drug Plan with CVS/Caremark? Endangered Status Notices. Yes, you need to enroll in BOTH Medicare Part A and Part B. Transamerica requires you to have both Part A and Part B. 2301 Saratoga Blvd. hb```dW ea8@ When "A" members are placed on pension with the IBEW Pension Benefit Fund, dues payments to their local unions cease. Yes, you should notify the Fund Office immediately if your spouse passes away. IBEW 900 7th Street, NW Washington, DC 20001 Attn: Pension & Death Claims Dept Form No. Retired participants receive a monthly pension . endstream endobj 604 0 obj <>stream No deductible has to be met prior to receiving Vision and Dental Benefits. Click here to read the January 2023 Newsletter, Click here to read about the No Surprises Act, Frequently Asked Questions - Health and Welfare. Why is my maintenance drug being rejected at the retail pharmacy? If you were receiving a reduced monthly benefit in the form of a Joint & Survivor Option your benefit will revert to the amount you would have received under the Single Life Option. The amount of your monthly benefit may be increased if you meet certain conditions. PENSION BENEFIT FUND . hbbd```b``"dd `0fXD, X$ fk q 8 : Procedures. A Pension Services Representative will work with the person submitting the death certificate to determine if and when any benefits are due. I will be retiring soon, what do I need to do? 54 0 obj <> endobj As noted at the convention, one of the best ways to strengthen the fund was to increase "A" membership in the IBEW. If I am called up for military service, do I retain my pension rights? Is there a medical deductible for the retiree plan?There is no medical deductible for retirees and their spouses who are age 65 or over. The 10-Year Certain (Early Retirement or Normal Retirement options) gives you a lifetime benefit, but if your death occurs after you have received at least 120 monthly payments (10 full years) no benefits will be payable to your beneficiary. For Death Benefits from the IBEW Pension Benefit Fund Retired/Active "A" Members of the IBEW MR MS MRS MR MS MRS MR MS MRS Section A: Member's Information . DEATH BENEFITS FOR BENEFICIARIES Go to www.neca-ibew.org. How many hours must I work to get a year of credited service toward my vesting? For retirees and their spouses and dependents who are Medicare-eligible, please contact SilverScript at 1-844-449-4729. Defined benefit pensions also usually pay . H|SMO@WqvXBH@@UzH98vJ-Rmt`T"QeM^t0URU!M"8)dNT"XumTH z1Q d3-4'dh$ibfV9_. If you were previously on the Base plan, you will have dental and vision coverage ONLY the months that you are eligible due to hours worked. HRA Participant Portal: Login to your account, go to the Profile tab, and then click the Banking/Cards option. When I am receiving Weekly Income Benefits due to disability, do I have to complete the weekly letter each week? Named beneficiaries of 'A' Members may receive a $6,250 death benefit if death occurs by natural causes or $12,500 for those who die accidently. Yes, however the deductible from both plans would be met simultaneously. endstream endobj 646 0 obj<>/Size 635/Type/XRef>>stream United Independent Union Newspaper Guild of Greater Philadelphia Pension Plan. As an IBEW Apprentice, Electrician, Powerline Technician or Network Cabling Specialist, your life insurance coverage is up to $125,000 (more in some areas) doubled if accidental death including long term disability coverage. Retirees and their families can stay connected. 4) Death Benefit . For The IBEW Pension Benefit Fund. Please keep in mind that your spouse is automatically your beneficiary unless he/she has consented in writing otherwise. The Electrical Workers Local 357 Pension Plan A and Plan B is managed by a Board of Trustees comprised of both union and employer representatives. As of February 1, 2015, the medical deductible for an individual is $600 and $1800 per family each calendar year. No-if you have Base Plan coverage you have to continue under Cobra for that same coverage. Why do I have to fill out a Participants Data/Claim Statement and how often do I have to fill it out? Also, the Board of Trustees is proud to announce that the Fund will be providing dental and vision benefits to retirees and their dependents with Base Plan coverage. When I am eligible for Medicare, do I have to take the Transamerica coverage if I wish to continue my participation in the Retiree Plan? Please go to the Documents and Forms library at https://www.neca-ibew.org/Documents-and-Forms, category Accident Forms, to download an accident form. Do you take COBRA payments over the phone? Revised May 2012 . IBEW 716 . If I have a Deferred Vested Benefit under the Plan, must I do anything to receive these benefits? for the IBEW Pension Benefit Fund . Cobra coverage available following the 24-month period of coverage under the Family Security Benefit. xbb2e`b``3 1x4>( Hu Representatives are available Monday-Friday, 7:30 a.m.-5 p.m. Pacific time. These two plans functioned separately for many years and to improve benefits a decision was approved to combine the plans. About the Pension and Reciprocity Department. ;!zr=f AUNDnQ#` 3j How often do I need to have a physicians statement completed by my doctor? Today, only "A" members of the IBEW participate in the IBEW Pension Benefit Fund through which they may later become eligible to receive a monthly pension benefit. This vested right will entitle him to receive, commencing at age sixty-five (65), pension benefits computed on the basis of four dollars and fifty cents ($4.50 . No Disability Pension, Death Benefit or Optional Spousal Benefit Lump sum payment made if monthly benefit equal to or less than $30.00 (U.S.) or Canadian equivalent . How long do I have to submit my retiree application? In the event of your death, the individual you last named on your data card will be who your death benefits (if eligible) are paid. What happens to my spouse if I pass away after I retire? startxref hb``f``zx501G43000**LIL3d:t)UF/ng3j00?g(5?fb`{ls Z1p\2 ?6X In the event of your death, the individual you last named on your data card will be who your death benefits (if eligible) are paid. What if I die before I start receiving a benefit? In 1922, the IBEW created the Electrical Workers Benefit Association (EWBA) to ensure sufficient resources to provide a dignified interment when an IBEW member passed away. xb```b````f` ,`&Se.P'U&qULg3|eLeIi)S8,#VZbb`Fsl0Es LI Ap} rj To receive benefits from the NECA-IBEW Health and Welfare Trust Fund, you are required to fill out a Participants Data/Claim Statement (Data Card). Please keep in mind that when you return to work you will need to continue your retiree payments until you have worked 420 hours within a 6 month period and when you work less than the required 140 per month after you have regained initial eligibility. Members submit your vision and hearing claims to: Local 102 Claims. (c) Set Off of Death Benefit. . He chose a normal pension form for payment of his benefits. Fax to: 763-416-6196 %PDF-1.5 % You are also required to seek employment upon returning from duty. There are some individuals who may not be able to take early retirement until age 57. Currently, when "A" members submit dues to their local unions, $14 of that payment represents their participation in the fund. V$lO%#V7eW~z2I`K|o^,$N*t0KXb}=82!hOa}st@N;`N / cmvaqS)ouMPN[=.i,q$"B" AfO>&PMJ!y)#_oR:B ;*9gIW?R[6l rxM{TC1lI"rlrI 1ba 8\qO\?x iq9^1nAktNrpkU You can go anywhere youd like. If you are disabled with a Social Security Award, there is no minimum age requirement.If you are NOT disabled, you must be at least 55 years of age AND have an award of retirement from Social Security, NEBF or any other pension fund in which Union Trustees are selected by one or more Local Unions affiliated with the IBEW. [4[0: HTn0+hIvP'@8fd8 P^g6lkGs/\;],+ki*P %![3Di9N3z5e:F=N0VQ/w~DVJ)whb!c&{bp"B6/;[!6DSg STANDARD LIFE INSURANCE - $8,500.00 life insurance - paid through dues $76.56 yearly (effective 4/1/2020) IBEW PENSION BENEFIT FUND - (Death Benefit) $6,250.00 normal death - this benefit changes to no less than $3,000.00 if you have retired. When I become eligible for Medicare, do I have to purchase Medicare Part B? Today, only "A" members of the IBEW participate in the IBEW Pension Benefit Fund through which they may later become eligible to receive a monthly pension benefit. Up to 36 months, however, in certain circumstances your COBRA continuation coverage could be terminated prior to 36 months, such as once you become entitled to Medicare. mCgsE&X-5\[sCl$|aQIrnZx'mq2'Tq_UK IT IS THE RESPONSIBILITY OF THE "A" MEMBER TO DESIGNATE AND/OR MAKE CHANGES TO HIS/HER BENEFICIARY DESIGN A TIO NS DUE TO LIFE EVENTS (e.g. .mc``#t >(f` w~'"V45+ d`rRt})LaQ At that point the system will inform you . The IBEW Pension and Reciprocity Department reports and provides assistance to the International Officers on departmental areas of responsibility: pension and death claim payments, construction industry reciprocity and membership records. For example: Hours worked in May are not received in the Fund Office until mid-June. I will be retiring soon, what do I need to do? FOR A PBF DEATH BENEFIT. The Electrical Workers Pension Fund Local 103, I.B.E.W. In the unlikely event your claims are not automatically sent, you or your provider may need to send your claims and EOBs directly to the Fund Office. @ a Benefit and Pension Credits. DB namesort Name Initiation Status Deceased; 1905: Hicks Timothy: Timothy P. Hicks: 3/1/1974: Retired: 02/02/2023: 1904: Carroll James: James M. Carroll: 03/01/1972 . Amendment 14 to the SPD of the Southern California IBEW-NECA Supplemental Unemployment Benefit Trust Fund. The IBEW is located at 900 Seventh Street, NW, Washington, DC 20001. 326 0 obj <> endobj N%8 2QRp H`9PRPJ 5-Ag T(Y+~,zk1UM)Psv}t7anJAIcwm0=lczoAcW(_UtyrQOv5hvdIn'VOw.}~"nmuL The main pension rule governing defined benefit pensions in death is whether you were retired before you died. endstream endobj 597 0 obj <>/Metadata 53 0 R/PageLayout/OneColumn/Pages 590 0 R/StructTreeRoot 68 0 R/Type/Catalog>> endobj 598 0 obj <>/Font<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 599 0 obj <>stream INFORMATIONAL How can I check my eligibility or claim status? The calendar year maximum is $400 for covered vision services on participants and dependents age 18 and older. Additionally, named beneficiaries of "A" members may receive a $6,250 death benefit if death occurs by natural causes or $12,500 for those who die by accident. 2. 'A' Members require only six months of IBEW membership for their beneficiary to receive the death benefit. %%EOF The Plan pays: $25,000 death benefit for active employees. Retirement Plan IBEW Pension Benefit Fund Early Retirement Vested and Age 62, 63, or 64 and worked for covered employer for 300 or more hours in any of the 7 calendar years immediately before later of the month following receipt of application or month following If I am on the Retiree Plan, how does it work when I am Medicare eligible and over age 65 but my spouse is not Medicare eligible? benefit if you should die after earning the right to a vested benefit (se e "Preretirement survivor death benefit" in the "Benefits for survivors" section for more information). Additionally, only those delegates holding "A" membership may vote on issues related to the IBEW Pension Benefit at IBEW International Conventions. endstream endobj startxref %PDF-1.5 % IBEW Local 3 /WFJEATC/Westchester; More Plans/Programs. The most recent changes to the PBF death benefits were approved at the 2001 Convention and became effective January 1, 2002, thereby increasing the death benefit payment to $6,250 and providing for an accidental death benefit of $12,500. . %%EOF 0 January 26, 2023. You may choose one, or a combination of these benefit options. New Body Scan Dates. We do not take any payments over the phone or credit cards at this time. Event of Death Processing and Appeal. Email: Pension@IBEW.org Fax: (202)728-6138 Effective November 2018, PBF will begin accepting clear, legible copies of . You can use the Plan & Benefits tab to print a card instantly. 0000003503 00000 n How many hours must I work to get a year of credited service toward my vesting? QUESTIONS AND ANSWERS . The benefits include: Health & Welfare; Retirement Benefits; Death Benefits; Scholarships; Use this Section to learn more about the funds and they can work for you! (:DaY4=aqnut7`+*d18?'B6ld0_2~$Dx Why are my options to fill my maintenance drug prescriptions?The plan still only allows one (1) fill and two (2) refills at the retail pharmacy, however, you can now get a 90-day supply of your maintenance drug(s) at any CVS pharmacy nationwide. For dependent children up to age 18, there is no calendar year maximum, but the following limitation applies: Coverage includes eye exams, one set of lenses and one pair of frames per year. %%EOF Most of us have very limited bargaining power as one person, but as a group, we are strong. PxkgC~4 xol0x@^}Y?/KY7pDn;YsCW'#TaViy^|e]Oul=)U8{kqs=]^nJ^ooSNk$a:?ho&5@Fp9&[ bJx>k. 0 for payments of death benefits for members in good standing. Contact Us | Short term disability benefits are payable for thirteen weeks at the rate of 50% of gross pay to a maximum of $260 per week. Benefits Office. Inform the union's administrative office about your loved one's death. Warehouse Employees Local 169 and Employers Joint Pension Fund. THE IBEW . The 5-Year Certain (Early Retirement or Normal Retirement options) gives you a lifetime benefit, but if your death occurs after you have received at least 60 monthly payments (5 full years) no benefits will be payable to your beneficiary. If I lose eligibility will I be notified once I become eligible again? When contacting your local union, request and complete a Form 124 (Beneficiary Designation Form) designating your beneficiary for death benefits. You will also have Accidental Death benefit that doubles the above listed policies and provides an additional $2,500 benefit.