ON-LINE ENROLLMENT FORM
(Click Link Below for Annual Enrollment Form)
ANNUAL ENROLLMENT FORM (AEF)
RECIPROCAL POLICY effective July 1, 2014
Pension Reciprocal Listing by Local Union Number (click here)
B = Defined Benefit
C = Defined Contribution
IBEW #481 Defined Contribution Plan & Trust
Terminated Vested Participant Application
You will need to provide the following documents:
A copy of your Birth Certificate
A copy of your Marriage Certificate (if applicable)
A copy of your Divorce Decree (if applicable)
A copy of your Employment Termination Slip
Revised Termianted Participant Rules Effective August 1, 2014
Participant Distributions are paid in 2 separate payments. The first payment will be approximately 90% of your last know account balance and will be paid within 10 business day following receipt of your approved application. The second payment (the remaining balance) will arrive approximately 60 days from the end of the quarter in which your first payment was issued. The quarters end March 31st, June 30th, September 30th, and December 31st.
Effective January 1, 2008 the Trustees established a Health Reimbursement Account (HRA). To view the HRA policy, please visit the "Summary Plan Description - Benefit Fund Summary of Material Modifications" below. The current employer contribution rate to your individual HRA account is $0.50 per hour. These monies can be used for certain expenses, as allowed by law. Click here to view IRS Publication 502 for a list of includible and not includible expenses. Claims on the HRA account must be filed within 6 months of the date the expense was incurred. Eligible claims must total a minimum of $25.00 per person.
ALL ELIGIBLE RETIREMENTS REQUIRE THE FOLLOWING ITEMS:
1. Your birth certificate
2. Your spouse's birth certificate (if applicable)
3. Your marriage certificate (if applicable)
4. Your divorce decree (if applicable)
5. Your employment termination slip
6. A severance of employment for a minimum of 30 days
Please contact Bob Cadwell at (317) 923-4577, ext. 200 for an individual retirement planning appointment.
Benefits Online Links:
For your first time login, you will be required to have your Social Security number for the ID (do not use the dashes. ie: 123456789) and use GEN4681 as the password. Follow the on-screen instructions to complete your sign in process.
IBEW #481 Defined Contriubiton Plan Earning Rates
Summary Plan Descriptions(SPD):
Benefit Fund (revised 1/1/2012)
Benefit Fund Amendments
Construction Electricians (CE) Benefit Fund
Pension Fund (revised 7/1/2012)
Pension Fund Amendments
Money Purchase Plan (revised 7/1/2012)
Forms and Information:
Prescription Benefit Manager: SAV-RX Site
United Health Care
E.R.T.S. (Electronic Reciprocity Transfer System)
Health Reimbursement Account (HRA) Publication 502 Regulations
YMCA OF GREATER INDIANAPOLIS http://www.indymca.org/
ELECTRICAL WORKERS FRINGE BENEFIT
Robert G. Cadwell, Administrative Manager
1828 N. Meridian Street, Suite 103
Indianapolis, IN 46202
Fax: (317) 923-7633
M,T,TH, F = 8:00 A.M. to 4:30 P.M.
W = 8:00 A.M. to 6:00 P.M.
© Copyright 2003,2004, International Brotherhood of Electrical Workers Local Union #481, All Rights Reserved.