Summary Plan Description Table of Contents
Definitions
ADMINISTRATIVE MANAGER - The administrative staff maintained by the Trustees that is responsible for carrying out the Trustees’ policy decisions, recordkeeping, accounting and payment of benefits, subject to the terms of the Plan Document.
ASSOCIATION - The DuPage Division, Northeastern Illinois Chapter of the National Electrical Contractor’s Association.
CONTRIBUTIONS; EMPLOYER CONTRIBUTIONS - Payments required to be made by employers to the Trust Fund in accordance with applicable collective bargaining agreements or other written agreements.
EMPLOYEE - Any person on whose account an employer is, or has been, required to make contributions to the Fund, or who is eligible for benefits from the SUB Fund. The term “employee” does not include a proprietor, a partner of an employer partnership, an officer of a corporate employer, or a stockholder of a corporate employer (including a beneficial owner of stock). However, the term does include an owner-in-fact.
EMPLOYER - Any of the following: 1) the member companies of the Association; 2) other electrical contractors in the geographical area of the Fund who are required by an agreement with the Union to make contributions to the Fund; 3) other employers who employ individuals who are performing tasks falling within the jurisdiction of the Union who employ such employees on a temporary or seasonal basis and who agree with the Union to make contributions to the Fund, provided that such employers have been approved by the Trustees to make contributions for such employment; and 4) the Union for the purpose of making contributions for its employees.
PLAN - The Plan of SUB Fund benefits provided by the I.B.E.W. Local 701 Supplemental Unemployment Benefit Fund of the Electrical Industry as described in this booklet.
TRUST AGREEMENT - The Agreement and Declaration of Trust establishing the I.B.E.W. Local 701 Supplemental Unemployment Benefit Fund of the Electrical Industry, including any amendments thereto.
TRUST FUND; FUND - The I.B.E.W. Local 701 Supplemental Unemployment Benefit Fund of the Electrical Industry, often referred to in this booklet as the “SUB Fund.”
TRUSTEES - The Board of Trustees of the I.B.E.W. Local 701 Supplemental Unemployment Benefit Fund of the Electrical Industry.
UNION - Local Union 701 of the International Brotherhood of Electrical Workers.