Summary Plan Description Table of Contents
Introduction
The Trustees of the I.B.E.W. Local 701 Supplemental Unemployment Benefits Fund (“SUB Fund”) are pleased to present you with this revised Summary Plan Description booklet (SPD) which describes the eligibility rules and benefits available to you from the SUB Fund.
The purpose of the SUB Fund is to supplement the unemployment benefits you receive when you are unable to work.
ABOUT THIS BOOK -This book is intended to give you an accurate summary of the benefits and provisions of your Plan. The Plan Document and the Trust Agreement, which you can read at the Fund Office, contain a detailed description of the rules, regulations, benefits and provisions of your Plan. If any discrepancy exists between this book and the Plan documents, the provisions of the Plan documents will govern. Only the full Board of Trustees is authorized to interpret the Plan described in this book. Its interpretation will be final and binding on all persons dealing with the Plan or claiming a benefit from the Plan. If a decision of the Trustees is challenged in court, it is the intention of the parties that such decision is to be upheld unless it is determined to be arbitrary or capricious. No agent, representative, officer or other person from the union or an employer has the authority to speak for the Trustees or to act contrary to the written terms of the governing Plan documents. If you have questions about eligibility or claims, only the Fund Office is authorized to answer these questions for the Trustees. Matters that are not clear, or which need interpreting, will be referred to the Trustees.
HOW THE SUB FUND IS FUNDED -Participating employers are required to make contributions to the SUB Fund in accordance with the terms of the collective bargaining agreements and participation agreements.