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Taking a Break From Covered Employment
Should you take a break from Covered Employment, you may want to assess the impact on your Health Fund and Pension Plan benefits. Here are some items for your consideration.
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Additional Information:
Health BenefitTabs
Pension BenefitTabs
Pension SPD
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| Benefit Plan Checklist
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If your reduction in work results in insufficient earnings to maintain continuing coverage, you may be eligible to extend your coverage in one of several ways. Please review the Extended Coverage/COBRA BenefitTabs.
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If you are not eligible for any of the extended coverage programs offered by the Health Fund, under most circumstances you may elect to purchase COBRA Continuation Coverage.
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If your reduction in work results in insufficient earnings to accrue a Qualified Year under the Pension Plan, please review the Break in Service BenefitTabs under the Pension Plan.
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You should check your vesting status under the Pension Plan to determine whether you are vested for a pension benefit. Since a vested benefit will not be payable until you reach the earliest retirement age, you must keep your address information current with the Administrative Office.
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