IBEW LOCAL UNION 6/SFECA and LMCC SCHOLARSHIP PROGRAM
IBEW LOCAL UNION 6/SFECA is sponsoring a scholarship program.
This year the IBEW Local 6/SFECA Labor Management Cooperation Committee will award a
total of twenty educational grants to sons and daughters of contributors to EISB, Inc. their
office staff and IBEW Local 6 members who are working for contributing employers to EISB,
Inc (including sons and daughters of deceased members who were working for contributing
employers at the time of their death).
4/23/2012 - Update on the Pension Plan's Funding Status
As required under Title II of the Pension Protection Act of 2006, the Plan's Actuary is required certify the Plan's funding position on an annual basis. The Actuary has certified that the Northern California Electrical Workers Pension Plan in NOT in either Endangered Status nor Critical Status for the plan year beginning January 1, 2012. Click here to review the report the NCEW Pension Plan's Actuary presented to the membership on April 19, 2012 regarding an overview of the Plan's funding status. Click here to review the 2011 Annual Funding Notice that was submitted to all Plan Participants.
Performance Reports for NCEW Pension and SFEW Retirement Savings Plan
The 4th quarter investment performance reports are now available for the San Francisco Electrical Workers Retirement
Savings Plan and for the Northern California Electrical Workers Pension Trust.
Click here to view SFEW Retirement Savings Plan performance report. (3mb)
Click here to view NCEW Pension Trust performance report. (2.25mb)
Health & Welfare Trust Summary of Material Modifications
This notice describes recent changes to the Plan's Long-Term Disability Rules, effective February 1, 2012. Please review it carefully.
Click here to view Summary of Material Modifications.
Retiree Copay Notice
Each year the Trustees are presented with a report from the Plan Consultants on adjustments to the retiree co-payments. The following notice includes the adjusted monthly rates that will take effect on February 1, 2012.
Click here to view Retiree Copay Notice.
10/14/2011 - Important Notice to Medicare Eligible Retirees Regarding Medicare Part D
Please read this notice carefully and keep it where you can find it. This notice has information about your current prescription drug coverage with San Francisco Electrical Workers Health & Welfare Plan and about your options under Medicare’s prescription drug coverage.
Click here to view the notice.
8/17/2011 - San Francisco Electrical Workers Retirement Investment Performance Report Through June 30, 2011
This document contains information about investments by the San Francisco Electrical Workers Retirement Savings Plan (SFEW) for the period ending June 30, 2011.
Click here to view the report.
8/17/2011 - Northern California Electrical Workers Pension Trust Investment Performance Report Through June 30, 2011
This document contains information about investments by the Northern California Electrical Workers Pension Trust (NCEW) for the period ending June 30, 2011.
Click here to view the report.
8/8/2011 - Change to Mental Health/Substance Abuse Provider
Effective 8/1/11, the carved out insured substance abuse/mental health coverage will no longer be available. These benefits will now be provided through the medical programs selected by Plan participants. Refer to information provided under the BenefitTab of the medical program in which you are enrolled.
Effective 8/1/11, Self Funded Plan participants will have access to Blue Shields Life Referral 24/7 Program (800-985-2405) which is similar to the Member Assistance Program previously provided through OPTUM Health. Blue Shield HMO Participants have already had access to this program. Plan participants who are enrolled in Kaiser are encouraged to log into www.kaiserpermanente.org to learn about the various programs and classes that are available to Kaiser members.
7/6/2011 - Health and Welfare Plan Changes
This notice details a number of upcoming Plan changes that affect your benefits.
Click here to view the notice.
7/6/2011 - Memorandum of Understanding Between International Brotherhood of Electrical Workers and SF Electrical Contractors, Inc.
This memorandum announces the return of the electrical industry to a five-day work week as of Monday, July 18, 2011.
Click here to view the memorandum.
6/1/2011 - Wage and Fringe Benefit Amounts Effective 6/1/2011
Here is a notice regarding wages and fringe benefit rates effective 6/1/2011.
Click here to view.
5/12/2011 - San Francisco Electrical Workers Retirement Investment Performance Report Through March 31, 2011
This document contains information about investments by the San Francisco Electrical Workers Retirement Savings Plan (SFEW) for the period ending March 31, 2011.
Click here to view the report.
5/12/2011 - Northern California Electrical Workers Pension Trust Investment Performance Report Through March 31, 2011
This document contains information about investments by the Northern California Electrical Workers Pension Trust (NCEW) for the period ending March 31, 2011.
Click here to view the report.
4/22/2011 - Special Enrollment Period Update
This is an update on the notice that was mailed in early April regarding the Special Open Enrollment Period for adding Adult Children. California Assembly Bill 36, the state legislation seeking to conform state tax law with the new federal health care law with respect to providing coverage to adult children through age 25, became law on April 7, 2011. As a result, effective March 23, 2010, there is no state tax imposed on the value of the medical coverage provided to these adult children.
4/8/2011 - Special Enrollment Period for Adult Children, Effective April 1, 2011
Under the Affordable Care Act enacted by Congress on March 23, 2010 ("ACA"), a Plan Participant's child who has not attained age 26 (an "adult child") must be allowed to participate in the Plan regardless of marital, tax dependent or student status, unless certain other coverage was available to the adult child. This notice explains the special enrollment period for enrolling non-dependent adult children, effective April 1, 2011.
Click here to view the notice.
Click here for the Adult Child Enrollment Form.
3/18/2011 - Important Notice on Participant Investment Direction for the Retirement Savings Plan
Whether you will have adequate savings at retirement will depend in significant part on how much you choose to save and how you invest your savings. This document provides you information that will help you compare the investment options available to you under the SFEW Retirement Savings Plan. The Plan is intended to be a plan described in §404(c) of the Employee Retirement Income Security Act of 1974, which means that the Plan’s fiduciaries (generally, the Board of Trustees) may be relieved of liability for any losses you incur that are the direct and necessary result of your investment instructions.
Click here to view the notice.
3/8/2011 - Northern California Electrical Workers Pension Trust Investment Performance Report Through December 31, 2010
This document contains information about investments by the Northern California Electrical Workers Pension Trust (NCEW) for the period ending December 31, 2010.
Click here to view the report.
2/2/2011 - Summary of Material Modifications to the Health and Welfare Plan in 2010 and 2011
The Board of Trustees of the San Francisco Electrical Workers (SFEW) Health & Welfare Plan approved several changes to the SFEW Health & Welfare Plan (Plan), effective October 1, 2010, or February 1, 2011, depending on the change.
Click here to view the Summary of Material Modifications.
2/2/2011 - Summary Annual Report - Plan Year Ending 1/2010
Please note that the Trustees believe that the San Francisco Electrical Workers Health & Welfare Plan is a "grandfathered health plan" under the Patient Protection and Affordable Care Act (the Affordable Care Act). As permitted by the Affordable Care Act, a grandfathered health plan can preserve certain basic health coverage that was already in effect when that law was enacted.
Click here for the full Notice.
2/2/2011 - Notice About the Early Retiree Reinsurance Program
The Early Retiree Reinsurance Program (ERRP) is a federal program that was established under the Affordable Care Act. The SFEW Health and Welfare Plan (Plan) has been approved to receive reimbursements from the limited funds available under the ERRP to help defray some of the costs of health care benefits paid on behalf of, or by, early retirees and certain family members of early retirees.
Click here for the full Notice.
2/2/2011 - Notice on "Grandfathered Plan Status" Under the Affordable Health Care Act (Applies to Self Funded PPO only)
Please note that the Trustees believe that the San Francisco Electrical Workers Health & Welfare Plan is a "grandfathered health plan" under the Patient Protection and Affordable Care Act (the Affordable Care Act). As permitted by the Affordable Care Act, a grandfathered health plan can preserve certain basic health coverage that was already in effect when that law was enacted.
Click here for the full Notice.
12/20/2010 - Notice Regarding Increase to Retiree Monthly Copayments
The notice specifies the adjusted monthly rates that will take effect on January 1, 2011. For retirees who have authorized automatic deduction from their pension benefits, the adjusted co-payment will be reflected in the January 2011 payment that is payable February 1, 2011.
Click here for the full Notice.
11/24/2010 - Temporary Distribution Rule
Beginning 12/1/2010 through 12/31/2011, the Plan is temporarily allowing participants to request a distribution if they have terminated employment with all covered Employers, have had no work or contribution activity for at least 90 days, and meet the other requirements of the new rule. To view the entire notice regarding this new temporary rule, click here. To access the application, click here.
Loan Policy Revisions Effective July 2010
As a response to the requests of participants in the SFEW Retirement Savings Plan, the Board of Trustees has approved changes to the Plan’s Loan Policy. The revised Loan Policy is attached, and is effective July 1, 2010.
Please download and review this important announcement.
Loan Provision - San Francisco Electrical Workers Retirement Savings Plan
The San Francisco Electrical Workers Retirement Savings Plan has been amended
to allow a loan to any Participant or Beneficiary in the Plan on or after December 1,
2009. Loans are initiated through Fidelity's website or by phone at 1-866-84-UNION. For more details, please consult the full notice and the complete text of the loan policy.
