Enter the following information into your contact lists on your mobile device. Suffice to say, this is what all great members do to remain prepared.

You read within the “By The Numbers” section of this month’s newsletter the figure that a healthy sixty-five (65) year old married couple could spend on their healthcare during their retirement. We would like to point out a couple of important metrics behind that figure.

Dear Future, Me,

I just realized that time is precious, and there is really no time to wait to build a future worth living into. To that end, and beginning today, I am taking the “bull by the horns” and are making my future a top priority.

As a matter of fact, this morning I took my first step in that direction by finally accepting the Benefit Funds invitation to register my Define Contribution Plan account at Empower.

Are listed:

Within the Funds website the month in which the payments are due.
Within the Funds newsletter.
Within each individuals Create account of those individuals who have a shortage of hours in the form of an explanation of benefits.
Within the Funds Shortage of Hours’ notice letter that is mailed weeks prior to the payment due date.

Complete your ERTS registration. Too many of you have not.

WHAT’S AT STAKE

Only the employer Benefit Fund contributions made on your behalf while working outside of the Local 697 jurisdiction, that’s all.

Hello, Hallo, Dia Dhuit, Halla & Bonjour!
Why the multi-language salutations, you ask? Well, for one, we thought it would be interesting to welcome you to this month’s newsletter in the various and predominant “tongues” of the non-native or enslaved population that comprised the thirteen colonies when the birth of our country occurred in 1776.

I know what you are thinking.

Listed below are some highlights of the past month.

3 – The number of days ahead of schedule that the Defined Contribution Plan went live with Empower. Huzzah!

Sadly, and despite months of communication about this transition, some participants remain oblivious to it even having occurred.

Who said that?

Existentialist, French philosopher, and apparently all-around prankster, Jean-Paul Sartre did.

Where are we going with this?

Stay with me and well go wherever this goes, …., together!

Regarding the quote, according to Sartre the letter C referred to the choices an individual makes in between the two pivotal points of their existence, specifically, their birth and their death.

Nigel Tufnel
Spinal Tap

We are happy to report that the transition of the I.B.E.W. Local 697 Defined Contribution Plan from Vanguard to that of Empower, that began at 3 P.M. Central Time on Tuesday, May 28th, 2024, is progressing well.

If you are a participant of the Defined Contribution Plan of the I.B.E.W. Local 697 AND have a current outstanding loan (meaning your loan has not been deemed) AND have yet to complete and return to the Fund Office, your authorization form that was provided within the Fund’s mailing to you of May 9th, 2024, do so now.