Electronic
Reciprocity Transfer System (ERTS)
DEATH
BENEFIT:
The IBEW Local 873 death benefit fund is currently, at number 118. You may
pay ahead if you would like. If doing so, make your check payable to the
Death Benefit Fund in five dollar ($5) increments. DO NOT include
this amount with your dues check. Thank you in advance.
Electronic Reciprocity Transfer System (ERTS)
Before
you work in another jurisdiction, please consider this important issue. The International Office of the IBEW has
implemented a new Reciprocity System for pension money to be transferred via
the internet. This system is called,
Electronic Reciprocity Transfer System (ERTS).
This new procedure will affect all of our members that are referred from
our Book I if they work outside of our jurisdiction and all members working off
Book II in other locals. It is important
that each member be registered for your pension money to be transferred to our
home fund.
If
you work for a local contractor you may think this may not affect you. However, if your contractor would take a job
in another jurisdiction and you work there for them, your hours/benefits would
be reported to that particular local.
When
working in another jurisdiction having your pension money sent home is called
reciprocity. Although another local
union office can NOT turn you down to register in their office, it would
benefit you to register here at our Local union’s office.
To expedite the process, please call prior
to coming by the hall so that Kay can give you her undivided attention when
registering you personally. Once
registered, you will be sent a personal password to access your account to
verify information. Call today and ask
for Kay to make your appointment to register in the system. Should you have any questions about this
system she will be happy to assist you.
HEALTH INSURANCE
v
NOTARY SERVICES: Kay
is a notary public; these services are free to you, our members! v
Person(s) signing must be present for Kay to notarize signatures
Should you not be
participating in the credit union, here is how you can sign up to have money
taken from your paycheck and put into a savings account. Contact your contractor and/or Kay at the
hall to give you a form to fill out. You
can save a percentage or a flat amount per week. This is sent to the credit union in
Some information about the credit
union: FREE checking is offered, a TOLL
FREE telephone number is now available, 1-800-923-4752,
ATM cards are available to access your checking and/or savings. Their services
are worth looking into!
Should you want to make a
self-contribution into your pension fund, this contribution should be made
between the dates of March 1, and April 30, for your tax
deadline. The amount that you may place
in your funds is not to exceed ten percent (10%) of your gross income. Send a letter to the hall, stating the amount
to be placed in your fund along with your check in that amount. The check should be made out to: American United Life Insurance. Kay will make a copy of your letter and check
for our files and will mail you a copy as well.
The money will be forwarded onto AUL to be placed in your account. Questions, give Bill and/or Kay a shout!