IMPORTANT NOTE:
The Fund Office must be notified in writing if you change your address,
acquire a new dependent, or change your marital status. Beneficiary
(census) cards are available at the Fund Office or you can fill it out
online by clicking here and choosing the appropriate form. The latest one received at the Fund Office is the one recognized by the Fund.
You are covered by a Health and Welfare Fund financed by
contributions made by your employer under terms of collective
bargaining agreements between your Union and your Employer.
The Welfare Fund is administered by a Board of Trustees consisting
of an equal number of Union representatives and Employer
representatives.
All contributions to the plan are made by Employers in accordance
with their collective bargaining agreements with the International
Union of Operating Engineers, Local 542. The collective bargaining
agreements require contributions to the Fund at a fixed rate per wages
earned, or hours worked, or a combination of the two. Copies of such
agreements are sent out to each member at the commencement of each
contract period. Additional copies are available from the Union office.
Benefits are provided from the Fund's assets, which are accumulated
under the provisions of the Collective Bargaining and Trust Agreements
and held in a Trust for the purpose of providing benefits to covered
participants and defraying reasonable administrative expenses. Benefits
covered by the Fund are provided through Independence Blue Cross,
Fidelio, Express Scripts, PCN, and the assets of the Trust.
The type and level of benefits to which you are entitled may vary
according to contributions received on your behalf from your employer.
A quarterly statement will advise you of the Benefit Level to which you
are entitled for the next benefit period.
Periodically your Board of Trustees reviews the benefits provided by
the Fund in order to ensure that the maximum coverages are available to
its members within the limits of the financial position of the Fund.
The provisions of the Fund will be periodically updated.
If you would like to view the Highlights of the Welfare Plan, select the from the following versions:
Parent Body Version
C Branch Version
Premium Based or Mc2 Version
Click Here to go to the Summary of Medical Plan Benefits page.
