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Teamsters Local 631
Security Fund
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Teamsters Local 631 Security Fund for Southern
Nevada
P.O. Box 26509
Las Vegas, Nevada 89126-0509
To
: All Plan Participants
From :
Board of Trustees
Date
: September 25, 2002
Revised Retiree Rules
Please be sure to
read these rules as they are applicable to any retirees retiring after October
1, 2002. Under the new rules the following is applicable:
Eligibility for coverage in the Health and Welfare plan has changed. The rules
have been elaborated and explained in detail on page 2 of the document.
Delayed Enrollment Eligibility: This is a new addition to the plan rules, which
allow for a retiree to first take a spouse’s coverage if it is available and
then enter the retiree plan after the coverage is no longer available.
HMO Option: Currently, the Board of Trustees have opted to subsidize the HMO
option with no premiums. The Board emphasizes that this may not be a forever
subsidy and they exercise the right to change this if the Plan cannot
financially support the subsidy in the future.
Other Changes: Some of the other languages in the plan may be changed or
modified, it is important that you read the entire document in its entirety.
The document is being sent to every member in the plan and should now be a part
of your summary plan description.
Should
you have any questions or need additional information regarding the changes
outlined above please call the Fund Administrative Office at
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