The Board of Trustees of the EIT Benefit Funds (“Trustees”) wants to address the public health emergency presented by COVID-19 pandemic and its ongoing impact upon the Chicagoland electrical industry and the participants in EIT’s benefit plans. In light of these continuing challenging times, the Trustees have adopted two COVID-19 Assistance Programs described below and in the linked documents, which are not summaries of material modifications.
Please read the information presented here and included in the documents linked below carefully. Keep in mind that the terms and requirements of the EIT Benefit Funds currently applicable and not otherwise discussed in these documents continue to apply in full force and effect and capitalized terms not defined in these documents have the meaning set forth in the applicable plan’s summary plan description.
The application periods for these programs do not begin until February and March 2021, so there is plenty of time for you to determine whether you are eligible for assistance and whether you want to apply for benefits under the program.
We expect an unprecedented number of phone calls from participants who are interested in these programs. Because we cannot possibly answer everyone’s questions at once, we have developed tools and guides to help you determine whether you are eligible for the programs (see links below). Also, your Local 134 IBEW business representative or Union Trustee may be able to assist you since they are familiar with the programs. Finally, many of you may have worked with Megent, the company who conducts the retirement seminars for Local 134. They have also been briefed on with the programs and can assist you as well.
Finally, the Trustees and the Fund Office ask for your patience as we work to answer everyone’s questions and guide you through the application process.
Click HERE to be directed to EIT website for eligibility requirements.
|