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Summary Plan Description (SPD)
REQUIRED MONTHLY PENSION DEDUCTION/ SELF-PAYMENT
In This Section:
To be covered under the Southern California IBEW-NECA Retiree Health Plan, you must either
- authorize a deduction from your monthly Southern California IBEW-NECA Pension benefit, OR
- make monthly self-payments by the 15th of the month immediately preceding coverage effective month (i.e. coverage month January; payment must be received by December 15th), regardless of the type of pension you are receiving (Normal, Early or Disability).
When you elect deductions from your monthly pension benefit, you authorize the Administrative Office to deduct the required self-payment from the monthly pension benefit you receive from the Pension Plan. The Administrative Office will provide you with an authorization form that you must complete and sign. This deduction will be made automatically for each month of coverage provided that this Plan is in effect, and while you continue to meet the Plan’s eligibility rules.