WELFARE PLAN PARTICIPANTS:

In light of the financial hardships caused by loss of employment occurring as a result of efforts to stop the spread of COVID-19, the Board of Trustees has determined to offer participants the following options related to their self-pay premiums:
 
Option 1:  If you have not made your April 1, 2020 quarterly payment, you have the option of deferring that payment. If you choose this option, your coverage will continue for the period April 1, 2020 through June 30, 2020, and your next self-pay premium will be due July 1, 2020 (for coverage July 1, 2020 through September 30, 2020). 
 
Option 2:  If you have already made your April 1, 2020 quarterly payment, you have the option of deferring your July 1, 2020 quarterly payment. If you choose this option, your coverage will continue for the period April 1, 2020 through September 30, 2020, and your next self-pay premium will be due October 1, 2020 (for coverage October 1, 2020 through December 31, 2020).
 
If you choose to elect either of these options, your deferred payment will be paid in four equal quarterly installments beginning January 1, 2021. These quarterly payments will be due in addition to any self-pay premium due to maintain coverage under the Plan for quarters beginning January 1, 2021.

TO ELECT TO DEFER YOUR PAYMENT DUE ON 4/01/20, PLEASE SEND YOUR REQUEST TO:

FundOffice@FundOneIATSE.com

For those of you who have already made your payment due on 4/01/20 and would like to defer your 7/01/20 payment, you will be given that option during open enrollment in May.
Thank you and stay safe!
 
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