Benefits

Life Insurance
$1,000 Life and $2,500 Accidental Death and Dismemberment (Administered by the Local Union Office)

Schedule of Health & Welfare & Pension Trust Benefits

Pension

  • $10.00/month  - vesting
  • Unreduced Pension at Age 62 for members in good standing
  • Early Retirement at age 55
  • Level Income Retirement Options
  • Survivor Benefits before and after retirement
  • Optional forms for both single & married retirees
  • Monthly accrual based on following formula:
    • 30% of first $1000 contributions divided by 12
    • 25% of next $500 divided by 12
    • 20% of next $500 divided by 12
    • 15% of remainder divided by 12
  • Transferrable on termination prior to age 55
  • Fully funded Plan


Health Plan

Drugs - 80% of prescription drugs to maximum of $5,000 for family, $3,000 per single in any calendar year.

Dental - Basic & Major procedures (1997 fee guide plus annual percentage increases). Annual  maximum of $1,800 (of eligible expenses) will be reimbursed at 90% per person.  If your coverage commences after July 1, reimbursement will be restricted to $900 per person, for the remainder of that calendar year.

Orthodontics - 50% to a lifetime maximum payment of $3500.

Optical - $300 per person every 24 months; Cost of eye exam.

Ambulance - 100% of eligible expenses

Hospital - Semi-private in acute care hospital - $24.00 per day.  Convalescent hospital $20 per day to a maximum of 120 days.

Psychologist - $600 per person per year

Hearing Aid - $750 every 36 months

Services & Supplies - Paramedical practitioners $300 per year based on policy guidelines.  Prosthetics, diabetic and ostomy supplies, Oxygen, rental of wheel-chairs and hospital beds to a total maximum of $800 per person in any calendar year.  Private duty nursing - $25,000 lifetime maximum.

Life Insurance - Member $100,000; Spouse $5,000, $100,000 Accidental Death and Dismemberment

Weekly Indemnity (Short Term Disability) - up to 17 weeks @ $435/week - co-ordination with EI.  Disabled own occupation.

Long Term Disability - Up to eighteen months own occupation, then to age 65 any occupation.  Rehabilitation provisions.