Welfare Introduction
Summary of SPD Changes
FAQ's
Welfare Eligibilty Requirements
Loss of Time
Tips for Expediting a Claim
Important Numbers
Active Employee Schedule of Benefits
Retired Employee Schedule of Benefits
Summary Plan Description
(SPD)
|
The following is a summary of the
Eligibility Requirements for the Local 701 Welfare Fund
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 6/1/04):
| REGULAR
BENEFIT PLAN: |
| Medical/Dental/Vision |
$921.30/month |
| Medical only |
$830.01/month |
|
| SECURITY PLAN: |
| Medical/Dental/Vision |
$871.70/month |
| Medical only |
$780.41/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 |
