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.

All shortage of hours payments for participants that did not amass sufficient enough hours of work within the first calendar quarter of 2024 (January, February, and March) necessary to maintain continuation of coverage for themselves and any eligible dependent in the third calendar quarter of 2024 (July, August, and September), are reminded that their shortage of hours payment is due, no later than 4:30 P.M. CST on Friday, June 28th, 2024.

All participants are also reminded that in addition to the shortage of hours’ notice that is mailed out to them, participants who find themselves in this situation are also issued an explanation of benefits showing the shortage of hours.

Did you know that:

Seventy percent (70%) of opioid abusers get pain pills from family or friends.
Seventy percent (70%) of teenagers can get prescription drugs from their parent’s medicine cabinets.
Seventy percent (70%) of after surgery pain pills are never used?
Wastewater treatment plants and septic systems are not designed to deal with pharmaceutical waste.