Sheet metal workers local 2 benefits and perks including insurance benefits retirement benefits and vacation policy.
Reired sheet metal workers dental benefits.
The working spouse incentive program at mo kan sheet metal workers welfare fund was implemented in january 2011 and has saved the fund and its members a considerable amount of money over the 7 years it has been offered as a benefit.
At retirement members may continue their health dental coverage.
Summary of benefits retired member option b as of january 1 2020 p age 1 table of contents.
Benefits are paid as a monthly annuity or monthly payment.
All fund assets are held in one trust for the benefit of participants.
There are no individual accounts.
Reported anonymously by sheet metal workers local 2 employees.
They are self funded and supported by the assets of the sheet metal workers local 30 welfare fund only.
Sheet metal workers local 25 health welfare fund medicare eligible retirees the sheet metal local 25 welfare board of trustees are pleased to announce the pharmacy coverage for all medicare eligible retirees will change to an employer sponsored cigna healthspring rx part d plan pdp for january 1 2020.
Life insurance is insured by manulife financial under policy number 901884.
The sheet metal workers national pension fund is a defined benefit pension fund.
This summary of benefits has been prepared as an informal document to summarize the main features of the benefitsprovided to eligible retired members of the sheet metal workers local union 30 welfare plan the plan.
The goal of the local 47 pension fund is to provide members with a meaningful retirement income.
You must satisfy your calendar year deductible before the fund pays its percentage of your covered dental benefits.
Pension contributions will be remitted by on a member s behalf beginning with the 1 st year of apprenticeship for a sheet metal worker.
Supplementary health care and dental benefits are not insured.
However if there is other dental and vision coverage mo kan will pay secondary.