We specialize in helping our participants and their families enjoy a better standard of living. Not only do we provide an extensive portfolio of employee benefits, but we also aim to provide outstanding customer service and claims administration.
Health Benefits
Boilermakers National Health and Welfare Fund
We offer exceptional health benefits. Our networks comprise doctors, hospitals and providers who meet strict credentialing standards and deliver substantial savings for our participants.
Our health benefits currently cover a substantial part of the cost of medical, dental, vision, prescription drugs and hearing aids. We cover inpatient and outpatient hospital visits and have behavioral health/substance abuse and organ transplant programs. We also offer excellent long-term disability coverage. The combination of benefits helps to protect the health and livelihood of participants nationwide.
For a complete explanation of the health benefits available to you under the Boilermakers National Health and Welfare Fund, please refer to the Summary Plan Description (SPD) for your specific Plan. Currently available to you online is the Summary Plan Description (SPD) for the Active Plan G and Reduced Plan G for active participants. For now, if you need any other Plan SPD, please contact the Administrative Office. We intend to have the Retiree Plan SPD available online in the future.
Retirement Benefits
We offer two retirement plans and view them both as essential to our participants’ future financial security.
Boilermaker-Blacksmith National Pension Trust
Our pension helps participants plan more effectively for the future as it promises eligible participants a lifetime benefit in a specific monthly amount at retirement. Employer contributions are established in collective bargaining agreements, and the pension fund grows tax-deferred. Early retirement, disability, death and survivor benefits are also available under the pension plan. Please refer to the Pension Summary Plan Description (SPD) for more information.
Boilermakers National Annuity Trust
This diversified fund is an excellent second source of retirement benefits. Like our pension plan, participating employers make contributions into the fund on behalf of each covered Boilermaker employee in amounts determined by the collective bargaining agreements. Contributions are invested over the participant’s career. The value of each participant’s account depends upon the amount of contributions and investment performance. Unlike the Pension plan, the Annuity plan offers a loan program for eligible participants. For a complete explanation of the benefits available to you under the Boilermakers National Annuity Trust, please refer to the Summary Plan Description (SPD).
As a participant, you can now log-on to a secure Web site powered by JP Morgan to view the current value of your individual annuity account.