Effective May 12, 2023, all COVID-19 tests, the related office visits, and over-the-counter COVID-19 test kits will no longer be covered at 100%. The Plan's usual rules and cost sharing provisions, including any applicable deductible, will be applied to these services. The Plan will continue to cover qualifying COVID-19 vaccines received from an in-network provider at 100% without application of the deductible.
If your coverage under the Plan ends, you and your dependents may continue healthcare coverage by making the required COBRA payments. Click here for the COBRA rates and other details.
The Pension Protection Act of 2006 [PPA] added requirements for measuring the financial health of multiemployer pension plans such as ours. PPA requires the Laborers' Pension Fund’s ("Fund"/"Plan") actuary to determine and certify the Fund’s financial status annually. If the Plan’s status is critical (“Red Zone”) or endangered (“Yellow Zone”), the Trustees must notify all plan participants, beneficiaries, participating unions and contributing employers in writing Read more...
In February, you will receive an Annual Statement that needs to be completed and sent back to the Fund Office by May 15, 2023. This form is sent every year to verify you received all of your pension checks from the prior year, to verify your mailing address, to update your file with any new information (including your email address), and to verify that you are not working in any employment prohibited by the Plan rules. A Summary About the Kinds of Work Not Allowed is also sent every year and is included with this mailing.
Instructions for completing the Annual Statement follow: