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July 16, 2018

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Updated: Jul. 16 (20:03)

Verizon Early Bargaining Report: Update 2
CWA Local 1103
VERIZON BARGAINING UPDATE
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agreement in principle
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Bargaining Update July 16, 2018
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2018 Requirements for Coverage
Updated On: Mar 22, 2018

Listed below are the initial financial eligibility requirements for welfare

coverage:

  • For Local 22, you must earn at least $44,500.00 working in covered

employment in the calendar year 2018 to be eligible for full welfare

coverage in 2019.

  • For Local 22-second Tier coverage, you must earn at least

$31,250.00 working in covered employment in the calendar year

2018 to be eligible for full welfare coverage in 2019.

  • For Local 772, you must earn at least $22,250.00 working in covered

employment in the calendar year 2018 to be eligible for full welfare

coverage in 2019.

  • For Local 772- second Tier coverage, you must earn at least

$19,000.00 working in covered employment in the calendar year

2018 to be eligible for full welfare coverage in 2019.

  • If you are, age 60 or over you must earn at least $32,000 working in

covered employment in the calendar year 2018, to be eligible for full

welfare coverage in 2019.

  • Listed below are the financial eligibility requirements for a pension credit:

For local 22, you must earn $27,000.00 working in covered

employment for a full Pension credit.

The value of a full Local 22 pension credit is currently $87.96 For more detail, please refer to your copy of the Pension & Welfare

Summary Plan Description.

-The Pension & Welfare Board of Trustees

For Information about your status Please call the Pension & Welfare Fund Administrator:

Mrs. Natalia Jordan: 301-593-1265 


 
 
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