Health & Welfare
Weekly Income Benefit Increase
Effective January 1, 2024, the Weekly Income Benefit for non-occupational illness and injuries is increasing. This benefit increase applies all new and existing Weekly Income Benefit claims under Active Plans 1, 2, 3 and 4. For Participants eligible under Active Plan 1, the benefit is increasing from $450.00 per week to $600.00 per week. For Participants eligible under Active Plans 2 and 3, the benefit is increasing from $250.00 per week to $500.00 per week. Active Plan 4 benefits are increasing from $260.00 per week to $500.00 per week. The Weekly Income Benefits are still subject to all other Plan provisions. The Weekly Income Benefit for occupational illness and injuries is not changing and remains at $25 per week. For more information, please refer to the Summary of Material Modifications for Active Plan 1 and Active Plans 2-4.
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.
Pension
Annual Statement Required from Pension Recipients
In late January (or early February), you will receive an Annual Statement that needs to be completed and sent back to the Fund Office by May 15, 2024. 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:
- 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...
1099-R Tax Forms
The Internal Revenue Service requires the Fund to report pension recipient's earnings to the IRS by Form 1099-R. Form 1099-R forms are mailed by January 31, 2024. If you do not receive Form 1099-R by February 15, 2024 or if you need another copy, please contact the Fund Office. This request can be made via mail, telephone or email Pension@chilpwf.com.
Pension payments to "Non-Resident Aliens" (non-US citizens, collecting pension benefits while residing in another country) may be subject to federal tax withholding under IRS Section 1441. For these pensioners, you will not receive Form 1099-R, instead you will receive Form 1042-S showing your earnings and federal withholding tax withheld. As a Non-Resident Alien, different tax rules apply to you. Please consult with your tax advisor or the Internal Revenue Service for more information.