All fund assets are held in one trust for the benefit of participants.
Reired sheet metal workers dental benefits.
However if there is other dental and vision coverage mo kan will pay secondary.
Benefits are paid as a monthly annuity or monthly payment.
The sheet metal workers national pension fund is a defined benefit pension fund.
Life insurance is insured by manulife financial under policy number 901884.
The sheet metal benefit plans administrative corporation smbpac a non profit corporation was established by the trustees of the sheet metal workers health and pension plans of southern california arizona nevada in 1991 specifically to directly administer those plans as well as a number of small related plans.
6192 kingsway burnaby b c.
There are no individual accounts.
Pension contributions will be remitted by on a member s behalf beginning with the 1 st year of apprenticeship for a sheet metal worker.
Supplementary health care and dental benefits are not insured.
They are self funded and supported by the assets of the sheet metal workers local 30 welfare fund only.
The working spouse incentive program at mo kan sheet metal workers welfare fund was implemented in january 2011 and has saved the fund and its members a considerable amount of money over the 7 years it has been offered as a benefit.
You must satisfy your calendar year deductible before the fund pays its percentage of your covered dental benefits.
This summary of benefits has been prepared as an informal document to summarize the main features of the benefitsprovided to eligible retired members of the sheet metal workers local union 30 welfare plan the plan.
Reported anonymously by sheet metal workers local 2 employees.
Sheet metal workers local 2 benefits and perks including insurance benefits retirement benefits and vacation policy.
Summary of benefits retired member option b as of january 1 2020 p age 1 table of contents.
At retirement members may continue their health dental coverage.