It is important to complete a new data card as you have changes in your life such as marriage, divorce and dependents. 635 0 obj <> endobj 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 . Fax to: 763-416-6196 "A" members (for example) who reach age 65 and successfully apply for pension after 20 years of participation in the fund will receive a monthly benefit in the amount of $90 for the remainder of their life. Do I need to notify the Fund Office if my spouse passes away? Revised August 2019 . 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 . 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. 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. The beneficiaries of retired "A" members may also be eligible for a death benefit between $3,000 and $6,250, depending upon how much the member has received in pension benefits at the time of their death. | 127 0 obj <>stream Today, only "A" members of the IBEW participate in the IBEW Pension Benefit Fund through which they may later become eligible to receive a monthly pension benefit. Tax statements will be mailed out at the beginning of each year showing the total amount of benefits you received the previous year. What if my dentist isnt a Guardian provider? How do I add someone to my coverage? A Pension Services Representative will work with the person submitting the death certificate to determine if and when any benefits are due. Is there a medical deductible for the retiree plan?There is no medical deductible for retirees and their spouses who are age 65 or over. If you return to work in the electrical industry, in the same trade or craft and in the same geographical area of the Pension Fund, you shall forfeit one (1) monthly pension payment for each calendar month during which you are employed forty (40) or more hours. "A" members are also eligible for IBEW Pension benefits once they meet the age/year requirements. Is there a medical deductible for the retiree plan? What is the reason for a HIPAA Customer Service Consent form? hbbd``b`z$[A8`5 +D$Xi H1xb``D'` L Others set the premiums so high that the typical electrical worker could not afford to maintain life insurance for his or her surviving family. $12,500.00 accidental death. Employee Retirement . %%EOF If the member is not survived by children under the age of 21, benefits will be paid to the designated beneficiary. You will be notified by the Fund when it is time to enroll in SilverScript (Approximately 2-3 months prior to turning 65). Beneficiaries of . IBEW 716 . . Upon the death of an "A" member a death benefit shall be payable as follows: (a) Benefit Level. 124A Rev. February 28, 2023. What is the difference in the Joint & Survivor options and the 5 or 10 year certain options? Go to the blue login box in the upper right hand corner and log in to Member Benefits, where you can check your eligibility and claim status. 0000001433 00000 n Plan trustees have reported that after three-and-a-half years, "A" members receiving a pension benefit from the IBEW Pension Benefit Fund have already surpassed their total contributions to the fund during their years as active "A" members. Can I use my HRA to pay for my Retiree Premiums? What if I die before I start receiving a benefit? No Disability Pension, Death Benefit or Optional Spousal Benefit Lump sum payment made if monthly benefit equal to or less than $30.00 (U.S.) or Canadian equivalent . 2. Mobile App: go to Me, Manage Debit Cards, then Report Lost/Stolen. OF THE I.B.E.W. Bylaws of each local union vary, but for most local unions, only "A" members can be local union officers. Its first objective was to create a death benefit for its members and their families. hWk0W=dP 0 It is important that NEBF be notified of your or your spouse's death and receives a copy of the death certificate as soon as possible. You need to notify the Fund Office upon returning to work and upon terminating your employment. Author: Janks, Joan Created Date: 07/13/2020 08:48:00 HEALTH REIMBURSEMENT ACCOUNT (HRA)How do I order new Benny Cards? V$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 Yes, a $60 deductible (for the "Base Plan") has to be met each calendar year. Why is my Benny Card suspended? What happens to my spouse if I pass away after I retire? The main pension rule governing defined benefit pensions in death is whether you were retired before you died. LOCAL 48 DEATH BENEFIT PAYMENTS. trailer If you elect the Joint and Survivor Annuity Benefit, your surviving spouse will receive the Survivor Benefit the month following your death. PBF History Death Benefit (EWBA) established in 1922 PBF authorized at 1927 Convention; began in 1928 for "A" members only Only Normal (age 65-older) until 1966 Disability and Vested (accrued) added No, it is your responsibility to keep track of your eligibility. As always, please feel free to contact the Trust Fund Office at (702) 415-2188 if you have any additional questions or concerns. The PG&E Benefits Service Center will need a separate certified copy of the death certificate to pay life insurance benefits. Yes. How do I know if my provider is a PPO with BlueCross/BlueShield? If you require a change of beneficiary form please click below: Every six to eight weeks unless your physician states on the form that you are permanently and totally disabled. 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. What is the medical deductible per year for an individual and for the family? ONLINE1. What is normal retirement age? The Department researches and corrects data not provided (or incorrect data) for members. Benefits will not be paid unless you fill out the weekly letter. 72 0 obj <> endobj %PDF-1.5 % What happens to my spouse if I pass away after I retire? 0000003580 00000 n in addition to plans managed through the Joint Industry Board and the IBEW Pension Benefit Fund. When I become eligible for Medicare, do I have to purchase Medicare Part B? 1; If you leave a job that offers a pension, it may be possible to take a lump sum payment at the time of your departure and roll over those funds into an IRA. The Retiree Plan is NOT automatic, so you will need to submit an application to our office. If I elect COBRA, can I drop the Dental and Vision Benefits and pay the ALT plan? Half of all IBEW members hold "A" membership, but "A" membership is available to all IBEW members. The application must be submitted to our office within 90 days of your retirement but will not be accepted more than 90 days prior to your retirement date. All members retiring January 1, 2007, or later will receive these improved payments. 3. HRA reimbursement form. IBEW Pension Benefit Fund (PBF) Documents. That fraternal death benefit association (The Electrical Workers Benefit Association) was later merged in January 1992 with the IBEW Pension Benefit Fund following convention action. ~7DoG)sl" H:_\V:IRT3?f.M[70jG24t#YS=7b%S Q=IPxx&q?hF%hg^J|oB:/~i};p;\80 \8 Site Map | Call 1-800-765-4239. When I become eligible for Medicare, will I still have prescription coverage? 54 0 obj <> endobj If I am on the Retiree Plan and return to work, what will happen? INFORMATIONAL How can I check my eligibility or claim status? How long does it take for my benefits to begin once I retire? IBEW Pension and Reciprocity Department . hb```T, !;GjNR$i:a5RA``jP Win@`xujOTQYJ001l Rl\F |i%G Is there a deductible on our Prescription Drug Plan with CVS/Caremark? "When you become an "A" member, you benefit yourself, but more importantly, you strengthen the union's long-term commitment to its members and guarantee a lifelong connection to the IBEW," said International President Edwin D. Hill. Direct deposit forms can be obtained by contacting BNY Mellon bank, the payment-processing agent for the IBEW Pension Benefit Fund, at the phone numbers listed below. If your spouse has a higher deductible, we would pay as secondary once our deductible is met. Yes, you should notify the Fund Office immediately if your spouse passes away. Coverage provided at no cost until two years from the date of the employee's death after the personal hour bank is exhausted. Please contact the Fund Office for a complete listing. 3 2019. There are some individuals who may not be able to take early retirement until age 57. . If your spouse is under age 65 and not Medicare eligible, her or his benefits will be paid according to the schedule of benefits for Retired Employees Under Age 65 until she or he becomes Medicare eligible. endstream endobj 73 0 obj <> endobj 74 0 obj <> endobj 75 0 obj <>stream The SilverScript coverage will remain in effect unless you elect a different Medicare Part D Plan outside of the Fund's SilverScript Plan. Why do I need to complete a Beneficiary Data Card? On behalf of the staff at BeneSys Administrators, our office is happy to be working with you and your Board of Trustees. Please call our toll-free number 1-800-547-7754 if you have questions about the choices. How long does it take for my benefits to begin once I retire? HTKo0W(G[3,^*H3Cm~$qG~&! 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. You used the Benny Card to pay for an ineligible HRA expense. May I retire before age 65? Q6: Can an "A" member drop the pension benefit and still maintain the death benefit coverage? What is the medical deductible per year for an individual and for the family? For The IBEW Pension Benefit Fund. endstream endobj 60 0 obj <. There are only two steps required to change your membership from "BA" to "A." The EWDBS meeting concluded at 5:55 p.m., at which time the General Membership Meeting resumed. If you are applying due to disability, we recommend that you make application to the Retiree Plan at the same time you make application for Social Security Disability. How long does it take for my benefits to begin once I retire? . No-if you have Base Plan coverage you have to continue under Cobra for that same coverage. DENTAL/VISION Is there a deductible for Dental and Vision Benefits? Yes, you need to enroll in BOTH Medicare Part A and Part B. Transamerica requires you to have both Part A and Part B. 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? FOR A PBF DEATH BENEFIT. Yes, Weekly Income Benefits are considered income. After retirement under the plan, however, all or a portion of the retiree's monthly pension benefit can be waived upon the retiree's request while the death benefit remains in effect. B) Reduces down monthly by amount of checks received Go to: www.ibew.org . ;#akpy3x]|Zj '| v;|h '|Z pE!?K=]Y3Vm.xzK4L 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. Warehouse Employees Local 169 and Employers Joint Pension Fund. As of February 1, 2015, the medical deductible for an individual is $600 and $1800 per family each calendar year. Benefits are paid on the 8 th day of disability and pay up to 12 . Call and request a Pension Application and Retirement Summary. Upon the death, on or after January 1, 2007, of a non-retired "A" member who then has at least six (6) months continuous and active good standing, the beneficiary to receive the death benefits payable under this paragraph . This website provides Participants and their dependents with online . . shall decide the manner in which the . BENEFITS TO MEMBERSHIP. For more info, see How To Use Your Benny Card. xb```b````f` ,`&Se.P'U&qULg3|eLeIi)S8,#VZbb`Fsl0Es LI Ap} rj - Do you take COBRA payments over the phone? ]mP|\\F-]s 9"Z'a89Fum`Ipb;[1AUQ\"Y[|8^V=uk~{Szc'C(]YZn*UPhLz()x;%Aa? 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. If I elect COBRA, can I drop the Dental and Vision Benefits and pay the ALT plan? PRESCRIPTION Is there a deductible on our Prescription Drug Plan with CVS/Caremark? Named beneficiaries of 'A' Members may receive a $6,250 death benefit if death occurs by natural causes or $12,500 for those who die accidently. The IBEW is located at 900 Seventh Street, NW, Washington, DC 20001. 1. How do I know if my provider is a PPO with BlueCross/BlueShield? All active IBEW Local 1245 members are now eligible to enroll in the union's new Accidental Death & Dismemberment (AD&D) benefits and enhanced Term Life Insurance program at no additional cost. (:DaY4=aqnut7`+*d18?'B6ld0_2~$Dx 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 . Be sure and notify the Fund Office if your spouse changes employers or has a change in status with his/her employer in regards to being offered medical insurance. 2) 50% Joint & Survivor - actuarially equivalent . Your Benny Card is suspended when the card is used for an ineligible expense. The department provides assistance with and research into membership records, for the purpose of determining eligibility for pension and death benefits providing this assistance to the International Officers and various departments in the International Office. If I take another job after I retire, will I lose my pension? 0000002986 00000 n New Body Scan Dates. Does my spouse have to take his/her own insurance if it is offered by his/her employer regardless of the cost? What is the medical deductible per year for an individual and for the family? THE IBEW . 0 hb```,M cb Does my spouse have to meet two deductibles? NEBF understands that losing a loved one will be a difficult time for you, your spouse, family and friends. - 20.00% reduction . Once your spouse passes away, no further benefits are due. 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 endstream endobj startxref 326 0 obj <> endobj `5klBu F 8a Rp.hp HtTn0+xIl7t@@-2$!%R{OOgK_sg`r-73iC0?jGBP a9&kDg(% When I am receiving Weekly Income Benefits due to disability, do I have to complete the weekly letter each week? 0000001814 00000 n If I take another job after I retire, will I lose my pension? However, the dues payments of "BA" members do not include the portion attributable to the IBEW Pension Benefit Fund. A description of the IBEW Pension Benefit Fund is contained within Article XI of the IBEW Constitution, available online at www.ibew.org/members/pensionbenefitfund/ArtXI_041207.pdf. He chose a normal pension form for payment of his benefits. Do I need to notify the Fund Office if my spouse passes away? 2 You should receive it within ten (10) business days. A6: Not while still an active "A" member. but not disability pension benefits or death benefits. There are several other requirements that have to be met to qualify for the Retiree Plan. 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. The best thing to do is to call customer service and tell us who you want to add to your coverage. See plan for detailed rules. The plan today has a Disability, Early, Vested and a Standard pension payout. You can check your eligibility by calling the automated system at (800) 765-4239, then press 9, and then answer the prompts you are given. At the 1991 Convention, the EWBA and PBF were amalgamated into one fund, and as a result, death and pension benefits were significantly improved. In 1890, our founders came together with other electrical workers at the St. Louis Expo, and in 1891 the IBEW was born. 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. It is important to complete a new data card as you have changes in your life such as marriage, divorce and dependents. Effective January 1, 2012, monthly dues for "A" members are $29 ($14 of which represents the portion attributable to your participation with the IBEW Pension Benefit Fund). 08/01/08 Member's Signature Current benefit is 120 monthly payments equal to 50% of the accrued benefit starting the month after death. How often can I get glasses or contacts? How long can I stay on COBRA? 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. %PDF-1.5 % IBEW LU 716 Pension Office. Union members live better. How do I order new Benny Cards? Why is my maintenance drug being rejected at the retail pharmacy? Yes, if you are Medicare eligible AND are age 65 or older. 0 Most of us have very limited bargaining power as one person, but as a group, we are strong. 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. When "A" members are placed on pension with the IBEW Pension Benefit Fund, dues payments to their local unions cease. Is there a deductible for Dental and Vision Benefits? These benefits are available only to the employee -- not to the dependents. 0000006292 00000 n The only difference being that if you use a Guardian provider for dental, there may be discounts & that would stretch your benefit dollars. 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. endstream endobj 244 0 obj <>/Metadata 27 0 R/PageLayout/OneColumn/Pages 239 0 R/StructTreeRoot 37 0 R/Type/Catalog>> endobj 245 0 obj <>/Font<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 246 0 obj <>stream xbb2e`b``3 1x4>( Hu If I am called up for military service, do I retain my pension rights? (TTY:711). ]jDi{ue*5/)vjwrF9=tKj7 "4#RJ&]s?S Current benefit is equal to 50% of the accrued benefit . Example of payout: 30 consecutive years of membership = $4.50 x 30 years = $135/month. Ann Tinney has been employed by the IBEW Local 246 Union Hall and is available for questions. In the unlikely event your claims are not automatically sent, you or your provider may need to send your claims and EOBs directly to the Fund Office. United Concordia: This February, show a little love to your gums. Many members, however, acquire far more than 20 years of participation by the time they reach retirement age. Why do I need to complete a Beneficiary Data Card? oI;d:lI4pU*RI(CjhEADJ[PYJCP6W|C|Q{Jel-(wLC%co-%)!WCi!BH^jpZzV!4Db(.]h@NEU!o$I;KlQ8:tAoIXI. 1974 (ERISA) Is there a deductible for Dental and Vision Benefits? The best way is to ask the provider if they are in the BlueCross/BlueShield network, or go to provider finder on the BlueCross/BlueShield website and do a provider search. If no beneficiary is named, benefits will be paid to the surviving spouse; if no surviving spouse, then to the decedent's estate. Can I use my HRA to pay for my Retiree Premiums? How do I order new Prescription Cards?Contact CVS/Caremark directly, there is no need to call the Fund office. 0000001144 00000 n IBEW PENSION BENEFIT FUND [PBF] 1) PBF is $4.50 per month per years of membership . You may choose one, or a combination of these benefit options. marriage, divorce, death of a beneficiary, etc.) In the Agreement and Working Rules dated January 1, 1944, it . %%EOF Does my spouse have to take his/her own insurance if it is offered by his/her employer regardless of the cost? If I am on the Retiree Plan and return to work, what will happen? Benefits Office. If I return to work, will I have dental and vision coverage? Due to a January 1, 2010 Bylaws change, retired Local 48 members are no longer required to continue payment into the Local Union Death Benefit plan. (c) Set Off of Death Benefit. The pension benefit at the beginning was an all-inclusive $40.00 per month. The Electronic Reciprocal Transfer System (ERTS) - "Enabling the transfer of members' pension and health & welfare contributionsback to their home funds, no matter where they may be working. 596 0 obj <> endobj 1 2018. Yes. 343 0 obj <>/Filter/FlateDecode/ID[<59C37237E8D73848ADB71F1CF7336A7E><8673EE9BDAF8CA4C85DA5E6443BC9857>]/Index[326 26]/Info 325 0 R/Length 95/Prev 488274/Root 327 0 R/Size 352/Type/XRef/W[1 3 1]>>stream 647 0 obj<>stream H|T=o@+8e'^fh2$KU` h3#yMYVH Your claims should be automatically submitted to the Fund Office from Medicare. 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?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? February 7, 2023. All rights reserved. Do I need to complete an accident form even though my claim wasnt due to an accident? How long do I have to submit my retiree application? In this position, the RA is responsible for administering these agreements, maintaining current data on all participating funds, and addresses all inquiries related to these agreements. The 102 Welfare Fund is currently using Blue Cross/Blue Shield, as our Preferred Provider Organizations (PPO). What if my dentist isnt a Guardian provider? The Electrical Workers Death Benefit Society was established on January 1, 1940, by the membership of Local Union 3, I.B.E.W. Call 1-844-345-3233 and use the automated system to order new cards. 0 Yes, however the deductible from both plans would be met simultaneously. However, this amount never falls below $3,000. Home; About Us; Apply; New Member Orientation; Dispatch . The IBEW Constitution compels us in its Objects to organize all electrical workers in every . 93 0 obj <>stream We do not take any payments over the phone or credit cards at this time. H9(K;6inE&-ny{ZZvZvQD\M%?1sN#)_\*e. Sometimes there is a delay in paying your benefits until your final hours are received in the Fund Office. Contractors Association (NECA) in 1946 to provide . Do you take COBRA payments over the phone? 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. Who are the PPO Providers being used by the Fund and how can I contact them? MEMBERS OWING DEATH BENEFITS (All listed below are beyond the 30 days) As per the Bylaws-Article XIII-Section 6, a $5.00 assessment for each death is due to the Local Union within 30 days of this notice. Mail to: IBEW Local 292 Benefits Office 6900 Wedgwo o d Rd N ste 425 Maple Grove, MN 55311. At that time, all EWBA beneficiary designations became null and void, and all death benefits after this time have been paid by the PBF. This form can be printed and returned to NECA-IBEW by mail or dropped off in person. What happens to my spouse if I pass away after I retire? Miller was not alone. If your address has changed, please call the Fund Office before you order your new cards.-There is a $10 fee for new Benny Cards which is deducted from your HRA account. PENSION PLAN . Do we have a dental card? Union de Tronquistas de Puerto Rico Local 901 Pension Plan. Death Benefit - Plan A Only Members - $10,000 (reduced at age 70) Spouse <65 - $3,000 Dependent: Greater than 14 days & Less than 25 years old - $3,000 As noted at the convention, one of the best ways to strengthen the fund was to increase "A" membership in the IBEW. How many hours must I work to get a year of credited service toward my vesting? 38, 4 %, $6,000 death benefit for retired employees. If I am called up for military service, do I retain my pension rights? How many hours must I work to get a year of credited service toward my vesting? The Plan pays: $25,000 death benefit for active employees. hbbd```b``"d3Xdj`Dr*@t ' hu,#?_ fO An IBEW pension will enable you to enjoy life without having to worry about making ends meet. Can I use my HRA to pay for my Retiree Premiums?You cannot transfer money directly from the HRA Fund to pay your Retiree Premiums. Should I apply for benefits even if I dont think I am entitled? I will be retiring soon, what do I need to do? Yes, if your spouse is offered comprehensive major medical coverage through his/her employer, he/she must take the medical coverage to be eligible for secondary coverage with NECA-IBEW Welfare Trust Fund.