![]() Additional copies are available from the Union office.īenefits are provided from the Fund’s assets, which are accumulated under the provisions of the Collective Bargaining and Trust Agreements and held in a Trust for the purpose of providing benefits to covered participants and defraying reasonable administrative expenses. Copies of such agreements are sent out to each member at the commencement of each contract period. The collective bargaining agreements require contributions to the Fund at a fixed rate per wages earned, or hours worked, or a combination of the two. The Welfare Fund is administered by a Board of Trustees consisting of an equal number of Union representatives and Employer representatives.Īll contributions to the plan are made by Employers in accordance with their collective bargaining agreements with the International Union of Operating Engineers, Local 542. You are covered by a Health and Welfare Fund financed by contributions made by your employer under terms of collective bargaining agreements between your Union and your Employer. ![]() The latest one received at the Fund Office is the one recognized by the Fund. Beneficiary (census) cards are available at the Fund Office or you can fill it out online by clicking here and choosing the appropriate form. IMPORTANT NOTE: The Fund Office must be notified in writing if you change your address, acquire a new dependent, or change your marital status. can be single or married (dependent’s spouse is not eligible).This Act allows your eligible dependents to maintain coverage until Age 26. In March 2010, President Obama signed into law the Affordable Care Act. Please refer to the VBA handout for more information about the plan and how to use it.
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