Top News from the Steamfitters Industry Fund
Steamfitters' Quarterly Meeting - April 25, 2012 NEW
[4/26/2012] - Please be advised that at the Steamfitters' Union Quarterly meeting the membership voted to allocate their $0.75 in the following manner: $0.25 Security Benefit Fund and $0.50 Wages. more
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Steamfitters' 1st Quarter Statement of Earnings
[4/18/2012] - Your first quarter 2012 statement of earnings were mailed to you on April 18, 2012. If you find any discrepancies, please call the Fund Office immediately at (212) 465-8888, option 5. more
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Vacation Payout Checks
[4/10/2012] - Your Vacation Benefit check for balances as of March 31, 2012 were mailed on April 10th. If you do not receive your check, please contact the Welfare Dept at 212 465-8888 option 4. more
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Construction Trades and Metal Trades Branch Welfare Funds
[4/3/2012] - As you may have read, seen on TV or heard on the radio, Medco Health Solutions recently merged with Express Scripts. However, there are no changes whatsoever in our prescription drug coverage. Our plan of benefits and the Medco contact information (telephone numbers, web sites, etc.) all remain exactly as they had been. Your Medco ID card remains 100% valid for retail and mail order prescriptions.
Please contact the Welfare Fund at Option 4 should you have any questions about this matter.
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Important information regarding your health insurance
[3/29/2012] - We are pleased to announce that Empire BlueCross BlueShield and Westchester Medical Center have reached a new three year agreement effective 4/1/12. Westchester Medical Center will now be in-network for all Empire commercial benefit plans. This includes HMO, POS, PPO, EPO, and Total Blue plans. more
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Metal Trades Branch 2nd half 2011 Statement of Earnings
[1/6/2012] - Your statement of earnings for period ended December 31, 2011 were mailed to you on January 6, 2012. If you find any discrepancies, please call the Fund Office immediately at (212) 465-8888, option 5. more
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Steamfitters' Industry Welfare Fund - MetLife Dental Improvement 2012
[12/15/2011] |
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Metal Trades Branch Quarterly Meeting
[11/14/2011] - Please be advised that at the Metal Trades Branch Union Quarterly Meeting on November 10, 2011 the membership voted to allocate their $0.75 in the following manner: $0.50 Wages and $0.25 Welfare Fund. more
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Metal Trades Branch Years of Credited Service
[11/10/2011] - Please be advised the Metal Trades Branch Years of Credited Service letters were mailed on November 10, 2011. Please review them carefully, if you have any discrepancies please contact the Fund Office as soon as possible at 212-465-8888 option 3. more
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Metal Trades Branch 2012 Benefit Change Announcement
[10/28/2011] - Important benefit announcement regarding your health coverage. link
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Steamfitters' 2012 Benefit Change Announcement
[10/5/2011] - Important Benefit Announcement Regarding Your Health Coverage link
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Free Check Cashing
[9/22/2011] - As a reminder, please utilize the attached bank locations for your benefit checks to be cashed, rather than paying a fee at a check cashing facility. link
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2010 Income Allocation & Administrative Charge
[6/20/2011] - For your information, the income allocation percentage was 4.2592% of the participant's average balance in 2010. This average balance is determined by taking the four quarterly closing balances in 2010, adding them up and dividing by four. This average balance is then multiplied by the percentage and the amount is debited to the participants' accounts.
The administrative charge is $257.73 per participant and every account that can sustain the charge has had this amount deducted. If an account had less than that amount, the charge was whatever amount the account could sustain. The following members will not be charged at all; pensioners with a balance of $2,500 or less and deceased members with a balance greater than $10.00
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Information regarding your health benefits
[8/10/2010] - Effective as of August 1, 2010, the Empire BlueCross PPO has expanded its in-network laboratory network. In addition to Quest Labs, the following laboratories are now considered in-network: LabCorp, DIANON System, Centrex Clinical Labs, BioReference Labs, Enzo Clinical Labs and Sunrise Medical Labs.
Contact the Fund Office at 212 465-8888 option 4 with any questions. more
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Updated Benefit Information - Security Benefit Fund and Supplemental Retirement Plan
[5/5/2010] - The Trustees have approved a second withdrawal from the Security Benefit Fund ("SBF") and the Supplemental Retirement Plan ("SRP") for the prevention of eviction or foreclosure of your principal residence.
This means that you are now able to make up to two withdrawals from the SBF and or the SRP per calendar year. You must document that you are at least three months behind in your rent or mortgage. If you have already used this benefit in calendar year 2010, you are eligible for only one more this year.
If you need additonal information, please call the Security Benefit Fund or the Pension department. more
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Fund Office Forms
[11/5/2008] - Please be advised all forms must be mailed or dropped off to the Fund Office, we cannot accept a fax. more
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Welcome to the Steamfitters Industry Fund
The Steamfitters’ Industry Trust Funds are the employee
benefit programs providing pension and welfare benefits to
the 6,000 active and retired members of Steamfitters’ Local
638, their dependents and beneficiaries. These programs
include both the Construction and Metal Trades Branches of
Local 638.
These funds, organized under the Taft Hartley Act of 1947,
include two defined benefit and one defined contribution
pension plan, two health and welfare funds, a security
benefit fund, a vacation plan and two educational funds.
The purpose of this site is to provide plan participants
with information regarding these funds, including summary
plan descriptions, benefit forms, current fund news and
other documents which may be useful to the Funds’
participants.
Legal Notice:
The Trustees of the Funds reserve the right to change or
amend any plan rules or regulations, as well as modify,
increase, decrease or eliminate any benefits provided under
the Plans at any time without prior notice. Not withstanding
anything to the contrary, the Trustees shall have the sole
right to interpret any ambiguity in the Rules and Benefit
provisions described herein.
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