Top News from the Steamfitters Industry Fund
Important Steamfitting Event NEW
[8/26/2010] - On September 27th, Enterprise Association Local 638 in conjunction with the Mechanical Contractors Association of New York and the Steamfitting Industry Promotion Fund of New York are sponsoring a presentation by Mark Breslin. Mr. Breslin is noted as the number one speaker in the nation on construction leadership, strategy and labor-management relations. As a strategist, speaker and author he has addressed more than 150,000 business, labor and construction-owner leaders. He also speaks to tens of thousands of field craftsmen and apprentices across the U.S. and Canada annually.
Mr. Breslin’s presentation will be held at 3:30 in the Hammerstein Ballroom at the Manhattan Center, 311 West 34th Street, between 8th and 9th Avenues.
We strongly encourage you to attend this event.
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Information regarding your health benefits NEW
[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 Ext. 589 with any questions. more
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Important information regarding your health insurance
[7/15/2010] - Stellaris Health Network and Empire BlueCross BlueShield have agreed to a new three-year contract, effective August 1, 2010. The contract restores in-network access to Stellaris facilities and providers for Empire policyholders and employer groups. No action is required by Empire members to continue services at any Stellaris Health Network facility
The previous contract expired April 1, 2010. The new agreement covers Stellaris Health Network hospitals, including: White Plains Hospital, Northern Westchester Hospital, Phelps Memorial Hospital and Lawrence Hospital Center.
Please call the Welfare Dept.at ext. 589 with any questions. more
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Steamfitters' 2nd Quarter Statement of Earnings
[7/13/2010] - Your second quarter statement of earnings were mailed to you on July 1, 2010. If you find any discrepancies, please call the Fund Office immediately at (212) 465-8888, ext. 266. more
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Metal Trades Branch 1st half 2010 Statement of Earnings
[7/13/2010] - Your statement of earnings for period ended June 30, 2010 were mailed to you on July 1, 2010. If you find any discrepancies, please call the Fund Office immediately at (212) 465-8888, ext. 266. more
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Steamfitters' Years of Credited Service
[5/12/2010] - Please be advised the Steamfitters' Years of Credited Service letters were mailed on May 12, 2010. Please review them carefully and if you have any questions please contact the Fund Office as soon as possible at 212-465-8888 ext. 284. 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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Steamfitters' Quarterly Meeting - April 28, 2010
[4/29/2010] - At the Union Quarterly meeting on April 28th, the membership voted to approve the Trade Board recommendation of the following fringe benefit increase:
$0.60 Wages,
$0.50 Defined Benefit Pension,
$0.50 Defined Contribution,
$0.40 Education Fund,
$1.00 Security Benefit Fund,
$3.00 Total increase. more
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2009 income allocation and administrative charge for the Security Benefit Fund
[4/16/2010] - Please be advised the 2009 income allocation and administrative charge for the Security Benefit Fund have been posted to participants' accounts.
The income allocation percentage was a negative 1.2935% of the participant's average balance in 2009. This average balance is determined by taking the four quarterly closing balances in 2009, 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 $248.91 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.
If you need additional information, please call the Security Benefit Fund dept. at ext. 244.
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Vacation Payout Checks
[4/7/2010] - Your Vacation Benefit check for balances as of March 31, 2010 were mailed on April 7th. If you do not receive your check, please contact the help desk at ext. 244. more
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Metal Trades Branch Years of Credited Service
[10/28/2009] - Please be advised the Metal Trades Branch Years of Credited Service letters were mailed on October 28, 2009. Please review them carefully, if you have any discrepancies please contact the Fund Office as soon as possible at 212-465-8888 ext. 284. more
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Supplemental Retirement Plan - ("SRP")
[3/9/2009] - Please find attached the new Supplemental Retirement Plan lineup changes. link
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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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