| 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 10% of straight-time wages per hour!
That's $3.77 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 $1.88 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 weg 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.
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