Newsletter

H.R.1

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.

BOOST YOUR RETIREMENT!

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.

ARE YOU WORKING OUTSIDE THE JURISDICTION OF THE I.B.E.W., LOCAL 697?

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.

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!

“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.

HRA NEWS

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.

S.U.B. FUND UPDATE

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.

RETIREE REMINDER

Medicare eligible retirees should be carrying three insurance cards on their person. Specifically, these cards are:

The UHC (United HealthCare) medical identification card.
The MagnaCare medical identification card. And,
The SavRx pharmacy identification card.