Newsletter

Here is what the Benefit Office requires if you are adding a:

• Spouse:
• Marriage License
• Birth Certificate
• Social Security Card
• Proof of Current Insurance (if applicable)

You may wonder what the significance of the alpha-numeric title of this piece is or question why you should bother reading any further. Let us see if we can keep this interesting.

Mr. Sajak, ..... I think I will spin the wheel and buy a vowel.

As the Covid epidemic continues, we are constantly reminded to wash our hands with warm water and soap. Which is a good thing. Provided of course that you have access to water.

Over half the world’s population does not have access to water to wash their hands with soap.

Make voluntary contributions to your Money Purchase Plan and Trust account. For details, see Voluntary Contributions under the Annuity tab on the IBEW Local 697 Benefits website. To see your year-to-date contributions to this plan only, login to Vanguard, which can also be done from the same page.

Should you choose to utilize the services of a non-designated or non-participating facility, you may want to check in with the Plan beforehand to see if the Plan can negotiate a “one-off” agreement to help mitigate any large out of pocket expense to which you may be liable.

Then you need to learn about

RECIPROCITY

The I.B.E.W. National Reciprocity Agreement states that each Local’s Benefit office is to reciprocate all hours / contributions within thirty (30) days of receipt to the “home” Local that the participant designates within ERTS (Electronic Reciprocal Transfer System).

If you are scheduled to work within another I.B.E.W. Local’s jurisdiction, this is what you need to do after “clearing” in with that Local’s Union Office.

Prior to providing you with the overview of these programs, we are going to do something different and provide you with first with the take-away.

The takeaway:

You have to enroll into Medicare.
The timing of your enrollment into Medicare is important.

“IT’S A WISE MAN THAT LEARNS FROM HIS MISTAKES, BUT IT IS A DAMN FOOL THAT DOESN’T LEARN FROM THE MISTAKES OF OTHERS!

- Frasier Crane

It’s a sad fact that the world is full of ne’er do wells. They are everywhere, and they are always blaming someone else for whatever bad situation they find themselves in.

A BETTER WAY TO UTILIZE YOUR HRA DEBIT CARD

Lumber, raw materials, car prices and the cost of a lot of other items are spiraling out of control. What’s a person to do? In crazy times, we must all be smarter and thoughtful in our actions and/or listen to our gut in order to get the best deal we can.

THE GOOD, THE BAD AND THE UGLY RAMINIFICATIONS OF COVID AND HOW IT EFFECTS YOUR ELIGIBILITY TO RECEIVE A S.U.B. FUND BENEFITS

The Good News: Both mortality rates and infections are steadily dropping across the vaccinated population in the U.S.

The Bad News: COVID and its several variants remain as deadly as ever.