Wednesday, February 19, 2025

Frequently Asked Questions


Health Care

Q. When do I become eligible for benefits?
A. Once you accumulate 80 work hours in one month, your employer will begin making contributions on your behalf and eligibility will begin the second month following. For example, John begins working and accumulates the 80 work hours in the month of January. John's employer will make a contribution on his behalf for the work month of January. John’s insurance will begin on March 1
Q. When can I start Participating in the Plan?
A. You start participating when you begin working for Employers covered by either a Collective Bargaining Agreement or Subscriber Agreement or the Union that requires them to make contributions to this Annuity Plan on your behalf. There are no minimum service requirements to become a Participant and you remain a Participant as long as the Annuity Plan holds an Individual Account for you. Contributions to the Plan are always 100% vested.
Q. What is a Plan Year?
A. The Plan Year is January 1st through December 31st.
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