IBEW Local #12  
                Benefits Page 

 

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
 LOCAL 12


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Inside Agreement: (Journeyman Wiremen and Inside Apprentices) 

For Outside (Line) Agreement benefits, scroll down or click here... 

Health & Welfare: 

  • funded by contractor contribution of $5.00 per hour
  • Covers the employee and all eligible dependents with no additional premiums!
  • Prescription drugs
  • Personel Care Account- Contractor contribution of $ .50 per hour to be used as a supplemental care account to be used per the employees needs.
  • Short-term and long-term disability benefits that start immediately upon accident or hospitalization
  • $20,000 life insurance (an additional $20,000 for accidental death) as well as minimal coverage for spouse and children
  • An hour bank that will extend your health insurance up to 3 months without contributions
  • Excellent and confidential mental health benefits for participants and their family members
  • Find out more at the 8th District Electrical Benefit Fund web site

Health care benefits can be changed by the plan at any time - always check with the plan for the latest benefits! 
 

8th District Pension: 

  • Funded by contractor contribution of $2.75 per hour
  • Supplemental pension contribution of $.69 per hour
  • Over 8,000 participants in 5 states make this a very solid plan
  • A 30 year pension with today's contribution rates and only 1600 hours per year would result in a pension benefit of over $2,200 per month!
  • You can retire at age 62 with 30 years of service with no reduction in benefits
  • Provides benefits to vested members who become disabled and are unable to work until retirement age
  • 5 year vesting
  • Find out more at the 8th District Electrical Pension Fund web site

 

National Electrical Benefit Fund (Pension): 

  • Funded by contractor contribution of 3% of wages
  • Nationwide pension with several hundred thousand participants
  • A 30 year pension at today's benefit level would result in a pension benefit of $900 per month
  • Provides benefits to vested members who become disabled and are unable to work until retirement age

8th District Annuity: 

  • Funded by contractor contribution of $1.06 per hour, and you can make tax deferred contributions to the plan from your wages in $.50 increments up to $8.00 per hour
  • This is a 401(k) style plan where you direct the types of investments that are made
  • Participants are able to withdraw the money at the reduced retirement tax rate (and without penalty) at 59 1/2 years of age
  • Participants can visit the Annuity Plan's web site here... you'll need logon information from the plan.

 

 
 

Statewide Line Agreement: (Journeyman Linemen, Operators, and Groundmen) 

Health & Welfare (LINECO): 

  • Funded by contractor contribution of $4.75 per hour
  • Covers the employee and all eligible dependents with no additional premiums!
  • Prescription drugs
  • Short-term and long-term disability benefits that start immediately upon accident or hospitalization
  • $10,000 life insurance (an additional $10,000 for accidental death and dismemberment)
  • Dental and orthodontia benefits
  • Vision care benefits
  • An hour bank that will extend your health insurance without contributions
  • Mental health benefits for participants and their family members
  • Routine physicals and well child visits
  • Speech therapy, home nursing care and many other benefits
  • For more information about LINECO, go here...

Health care benefits can be changed by the plan at any time - always check with the plan for the latest benefits! 
 

8th District Pension: 

  • Funded by contractor contribution of 13% on Journeyman Lineman classification and above, all other classifications 10% of straight-time wages per hour!  That's $4.54 per hour for a Journeyman Lineman
  • Over 8,000 participants in 5 states make this a very solid plan
  • A 30 year pension with today's contribution rates and only 1600 hours per year would result in a pension benefit of about $4,000 per month!
  • You can retire at age 62 with 30 years of service with no reduction in benefits
  • Provides benefits to vested members who become disabled and are unable to work until retirement age
  • 5 year vesting
  • Find out more at the 8th District Electrical Pension Fund web site

 

8th District Annuity: 

  • Funded by contractor contribution of 6% per hour .  That's $2.10 per hour for a Journeyman Lineman.  Additionally, participants can make tax deferred contributions to the plan from their wages in $.50 increments up to $8.00 per hour
  • This is a 401(k) style plan where participants direct the types of investments that are made
  • Participants are able to withdraw the money at the reduced retirement tax rate (and without penalty) at 59 1/2 years of age

  •  

    Participants can visit the Annuity Plan's web site here... you'll need logon information from the plan

 

National Electrical Benefit Fund (Pension): 

  • Funded by contractor contribution of 3% of wages
  • Nationwide pension with several hundred thousand participants
  • A 30 year pension at today's benefit level would result in a pension benefit of $900 per month

  •  

    Provides benefits to vested members who become disabled and are unable to work until retirement age 
     

    Questions?  Please go to our contact page.