Health & Welfare
COBRA Continuation Coverage
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.
COVID-19 Testing and Telehealth Visits
Effective March 18, 2020, the following changes were made to Welfare and Retiree Welfare Plans to address health care services related to testing for the COVID-19 virus and telehealth services. Read more...
Pension
Annual Funding Notice & Green Zone Notice
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...
Annual Statement Required from Pension Recipients
With your February 2022 pension check, you received an Annual Statement that needs to be completed and sent back to the Fund Office by May 15, 2022 (for 2022, this was extended to July 15, 2022). Pensioners with direct deposit received a separate mailing containing the Annual Statement form. 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, 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:
- Section A: must be completed.
- Section B: if you checked ‘AGREE’ for all 3 statements in Section A, do not complete.
If you did not ‘AGREE’ with any of 3 statements in Section A, then complete only the portion(s) of Section B related to the Section A statement(s) you did not ‘AGREE’ with. - Section C: you must sign this form, and your signature must be notarized by a Notary Public. The Fund Office has a notary on staff if you would like to come in to complete the form. Valid photo identification is required. Read more...