I.B.E.W LOCAL 701 BENEFIT FUNDS
ALWAYS AT YOUR SERVICE

28600 Bella Vista Parkway, Suite 1110
Warrenville, IL 60555-1500
Phone (630) 393-1701   Fax (630) 393-3615
info@ibew701fbo.com


 

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06/02/08-05/31/09

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Welfare Fund

Eligibility Requirements

Welfare Fund Home

 

Eligibility Requirements for All Active Classes EXCEPT Maintenance D

Initial Eligibility for a New Employee (not previously eligible):

Eligibility is effective on the 1st of the month following:

800 hours In 6 consecutive months
OR 1200 hours In 9 consecutive months
OR 1500 hours In 12 consecutive months

Initial and Reinstatement Eligibility for Local 701 Apprentices and participants who were previously eligible under the Plan (effective 7/1/96):

Eligibility is effective on the 1st of the month following:

300 hours During a contribution quarter
OR 600 hours In 6 consecutive months
OR 1000 hours In 9 consecutive months
OR 1300 hours In 12 consecutive months

Continuing Eligibility:

300 hours during Contribution Quarter of:

May, Jun, Jul Earns eligibility for Oct, Nov, Dec
Aug, Sep, Oct Earns eligibility for Jan, Feb, Mar
Nov, Dec, Jan Earns eligibility for Apr, May, Jun
Feb, Mar, Apr Earns eligibility for Jul, Aug, Sep

-OR-

1200 hours during 12-month period of:

Aug - Jul Earns eligibility for Oct, Nov, Dec
Nov - Oct Earns eligibility for Jan, Feb, Mar
Feb - Jan Earns eligibility for Apr, May, Jun
May - Apr Earns eligibility for Jul, Aug, Sep

COBRA (effective 6/1/08):

REGULAR BENEFIT PLAN:

Medical/Dental/Vision $894.32/month
Medical only $805.60/month
11 Month Extension Medical/Dental/Vision

$1,315.18/month

11 Month Extension
Medical Only

$1,184.71/month

SECURITY PLAN:

Medical/Dental/Vision $840.66/month
Medical only $757.26/month
11 Month Extension Medical/Dental/Vision

$1,236.26/month

11 Month Extension
Medical Only

$1,113.62/month

Dependents:

  • Dependents are covered up to Age 19 if not a Full Time student up to Age 25 if a Full Time student.
  • Retiree Dependent Coverage is $160/month per dependent.
Call the Fund Office at (630) 393-1701 if you have any questions