WELFARE FUND COVERAGE FOR RETIREES

Extended Welfare Fund coverage is provided for Local 456 Pension Fund retirees who meet the following qualifications:

•  The full plan of benefits will be made available to active employees who retire with 30 or more Pension Credits.

•  The retiree must be at least age 60.

•  The retiree must have worked in covered employment for at least 870 hours in the last 12 months prior to the effective date of retirement.

The full plan of benefits will be provided to the retiree and in the event of his or her death to his or her spouse until the retiree attains or would have attained age 65 and becomes eligible for Medicare.

Between the ages of 65 and 85 the Fund will provide reimbursement for the payment of the Medicare “Part B” premium to the retiree, if he or she has 30 or more credits.