Funds
NEW BENEFITS ADDED TO THE PLAN
CPAP HUMIDIFIERS ARE COVERED AS OF 7-1-06
CPAP (CONTINUOUS POSITIVE AIRWAY PRESSURE) HUMIDIFIERS USED TO TREAT SLEEP APNEA ARE NOW COVERED UNDER THE PLAN. THESE MACHINES ARE COVERED UP TO $500 ONCE EVERY 5 YEARS, SUBJECT TO THE PLAN'S DEDUCTABLES & COINSURANCE.
3 MONTH DOLLAR BANK FREEZE ALLOWED DURING A DISABILITY
IF YOU ARE OFF WORK FOR MORE THAN 30 DAYS DUE TO A DISABILITY YOUR DOLLAR BANK WILL BE FROZEN. THIS MEANS YOU DO NOT HAVE TO MAKE SELF-PAYMENTS TO CONTINUE PLAN BENEFITS. CALL THE 8TH DISTRICT FOR MORE INFORMATION.
DONOR EXPENSES ARE COVERED FOR ORGAN & TISSUE TRANSPLANTS
BENEFITS ARE PAYABLE FOR AN ORGAN OR TISSUE DONOR'S MEDICAL EXPENCES- WHETHER THE DONOR IS A PLAN PARTICIPANT OR NOT. LIFETIME MAXIMUM OF $35,000 PER PERSON. NO DEDUCTABLE OR COINSURANCE REQUIRED.
NEW DENTAL PLAN BENEFITS!!
ANNUAL MAXIMUM BENEFIT
$125 FOR EACH FAMILY MEMBER PER CALENDAR YEAR
ORTHDONTIA: NO COVERAGE
4 TIPS FOR GOOD DENTAL VALUE
* ESTABLISH A RELATIONSHIP WITH A DENTIST YOU TRUST
* SCHEDULE DENTAL CLEANINGS & ORAL EXAMS EVERY SIX MONTHS
* REQUEST A PREDETERMINATION OF BENEFITS FOR MAJOR DENTAL SERVICES
* ASK QUESTIONS
REMEMBER TO PRESENT THE PHARMACIST WITH YOUR SavRx CARD TO GUARANTEE DISCOUNTS & SAVINGS FOR YOU AND THE TRUST!!
MEMBER ASSISTANCE PROGRAM
THE MEMBERSHIP ASSISTANCE PROGRAM IS DESIGNED TO HELP YOU & YOUR DEPENDANTS COPE WITH THE PRESSURES OF MENTAL HEALTH & CHEMICAL DEPENDANCY PROBLEMS.
MAP PROVIDES CONFIDENTIAL COUNSELING & TREATMENT FOR YOU & YOUR COVERED FAMILY MEMBERS WHO NEED PROFESSIONAL ASSISTANCE WITH MENTAL HEALTH & CHEMICAL DEPENDANCY PROBLEMS. TO RECEIVE INPATIENT OR OUTPATIENT TREATMENT FOR MENTAL, NERVOUS & EMOTIONAL DISORDERS AND/OR ALCOHOLISM & DRUG ABUSE PROBLEMS, YOU OR YOUR FAMILY MEMBER MUST GO THROUGH MAP TO RECEIVE BENEFITS. IF YOU DO NOT CONTACT MAP FIRST, YOU WILL NOT BE ELEGIBLE FOR COVERAGE.
FOR RESIDENTS OF COLORADO:
MINES & ASSOCIATES 1-800-873-7138
WHO TO CONTACT? (HEALTH &WELFARE)
CLAIMS ADMINISTRATOR
8TH DISTRICT ELECTRICAL BENEFIT FUND
PO BOX 30101 SALT LAKE CITY, UT 84130-0101
phone: 1-800-628-6562 fax: 801-973-1007
CONTACT THE ADMIN OFFICE FOR THE FOLLOWING:
* CLAIMS FORMS
* CLAIMS & APPEALS FOR MEDICAL, RETAIL PRESCRIPTIONS, DENTAL, & DEPENDANT LIFE INSURANCE
* PERSONAL CARE ACCOUNT ADMINISTRATION
* ELIGIBILITY
* PLAN BENEFIT INFORMATION
* HIPAA CERTIFICATE OF CREDITABLE COVERAGE
* MEDICARE PART D NOTICE OF CREDITABLE COVERAGE
* COBRA COVERAGE
* ID CARDS
PPO NETWORKS
FOR RESIDENTS OF COLORADO THE PPO NETWORK IS
CIGNA
1-800-244-6224
CONTACT THE PPO NETWORK FOR THE FOLLOWING:
* MEDICAL NETWORK PROVIDER DIRECTORY
* ADDITIONS/DELETIONS OF PROVIDERS
PRESCRIPTION DRUG PROGRAM FOR MAIL ORDER & SPECIALTY DRUGS
SAVRX PRESCRIPTION SERVICES
PO BOX 8 FREEMONT, NE 68026-0008
CUSTOMER SERVICE: MAIL ORDER 1-866-233-4239
SPECIALTY DRUG PROGRAM 1-866-233-4239
WWW.SAVRX.COM
CONTACT SAVRX FOR THE FOLLOWING:
* RETAIL PHARMACIES FOR DISCOUNT DRUG PURCHASES
* MAIL ORDER (HOME DELIVERY) PHARMACY
* PRESCRIPTION DRUG INFORMATION
* PRECERTIFICATION (MEDICAL REVIEW) OF CERTAIN DRUGS
* SPECIALTY DRUG PROGRAM: PRECERTIFICATION & ORDERING
8th DISTRICT ELECTRICAL PENSION FUND ANNUITY PLAN
The following changes have been made to the rules & regulations of the 8th district Electrical Pension Fund Annuity Plan.
Effective August 23, 2006 Article 5.01 (c) of the plan has been amended to allow a participant who is at least age 55 to receive a total distribution of his account after he has terminated Covered Employment without having to wait for three consecutive months without contributions to the Plan.
Effective December 1, 2006, Article 4 was amended to add a new section 4.16 entitled "Catch up Contributions":
Section 4.16 Catch up Contributions. Effective 12-1-06, a Participant who is over age 50 shall be permitted to make catch-up contributions to the Plan in the amount of $5,000. This amount shall be increased by $500 each year beginning in 2007 through 2010. Catch-up contributions are not subject to the maximum annual additional limitations or annual limits on cash or deferred wage contributions to the Plan as otherwise provided in this plan.
8th District Pension News
Effective July 1, 2009 the 8th District Pension multiplier will decrease from 2.3% to 1.5%. The Pension Protection Act of 2006, along with losses suffered in the 4th Quarter of 2008 required the Plan to re-adjust to insure present and future member retirement funding. When the fund returns to 105%, with actuarial direction, the multiplier will increase 1/10 of 1% per year. The Plan is still reliable funded and has no adverse effects for current retirees.
ACROSS THE NATION
THE FEDERAL GOVERNMENT HOLDS $133 MILLION IN RETIREMENT BENEFITS THAT HAVENT BEEN CLAIMED BY THOSE ENTITLED TO THE MONEY. THE PENSION BENEFIT GUARANTY CORP. SAID 32,000 PEOPLE ARE OWED MONEY. individual BENEFITS RANGE FROM $1- $611,028. THE AVERAGE UNCLAIMED BENEFIT IS ABOUT $4,950. THE AGENCY URGED PEOPLE WHO MAY BE OWED RETIREMENT BENEFITS TO SEARCH IT'S ONLINE DIRECTORY @ www.pbgc.gov/search - PEOPLE CAN SEARCH BY LAST NAME, COMPANY NAME OR STATE WHERE THE COMPANY IS HEADQUARTERED.
EIGHTH DISTRICT ELECTRICAL PENSION FUND ANNUITY PLAN
ANNUAL NOTICE- QUALIFIED DEFAULT INVESTMENT ALTERNATIVE (QDIA)
CONTRIBUTIONS ON OR AFTER JUNE 20, 2008
THE EIGHTH DISTRICT ELECTRICAL FUND ANNUITY PLAN (REFERRED TO AS THE "PLAN" ) ALLOWS PLAN PARTICIPANTS AND BENIFICIARIES TO DIRECT THE INVESTMENT OF THIER PLAN ASSETS. IF A PARTICIPANT OR BENIFICIARY DOES NOT PROVIDE INVESTMENT INSTRUCTIONS, THE PLAN AUTOMATICALLY INVESTS HIS OR HER ONGOING CONTRIBUTIONS AND ACCOUNT BALANCE IN A DEFAULT INVESTMENT FUND.
EFFECTIVE JUNE 20, 2008, THE PLAN HAS DESIGNATED THE AGE-APPROPRIATE RETIREMENT GOAL FUNDS AS THE QUALIFIED DEFAULT INVESTMENT ALTERNATIVE (QDIA)
AS WITH THOSE FUNDS CONTRIBUTED TO YOUR ACCOUNT UNDER THE PLAN, YOU HAVE THE RIGHT AT ANY TIME TO DIRECT HOW YOUR ACCOUNT BALANCE WILL BE INVESTED IN THE AVAILABLE FUNDS.
COMPUSYS OF COLORADO, INC. CAN PROVIDE YOU WITH INFORMATION ON HOW TO CHANGE YOUR INVESTMNET ELECTIONS OR TO OBTAIN MORE INFORMATION ON OTHER PLAN INVESTMENT ALTERNATIVES. YOU MAY CONTACT COMPUSYS OF COLORADO, INC. @
800-858-1876. YOU MAY ALSO VISIT www.iew8annuity.org FOR INFORMATION REGARDING YOUR INVESTMENT OPTIONS.
Update your Beneficiaries
Life circumstances change, what with marriage, divorce, new children and grandchildren as well as financial circumstances- any and all of these issues can affect who you would like as your beneficiary. I.B.E.W. Local Union # 68 would like to offer a friendly reminder to review your beneficiaries with I.B.E.W. Local Union # 68, and with your personal insurance policies, death benefits, retirement plans, etc. Your review should include privately paid plans, other company provided plans, as well as I.B.E.W. plans.
Please, make sure that I.B.E.W. Local Union # 68 is advised of any changes to your address and phone numbers, as well as those changes to your beneficiaries.
If you are unable able to work due to an injury or illness and have FILED for Social Security Disability,
please contact Elaine at 303-297-0229 x1032.
You may be able to draw your 8th District Pension benefit while waiting on your SOCIAL SECURITY DISABILITY AWARD
Keep your employees engaged and well informed about the health and wellness issues that are important to us all. Advocating better health and active engagement can mean improved health care utilization and reduced expenses, and that is good for everyone’s bottom line.
We provide all the tools you need each month, and cover a range of issues from sleep and stress to living green and exercise. Some materials are available in English and Spanish.
Resources include:
•Workplace Partners calendar
•“Your Health and Well-Being” newsletter to post on your intranet, or use in your internal communications
•Newsletter articles and tips in PDF or Word format to use in your own communications
•A ready-to-send eBlast message on a related topic
•A recorded seminar employees can access by phone
•Quarterly Web seminars for employers
Exercise made easy (well, easier)
Make some kind of exercise part of your daily routine: increase your level of activity in the midst of a busy life; exercising with your family; and how to be generally more active.
For you
Quarterly Web seminar:
For more information or to register,
visit www.benefitnews.com/CIGNA