organizations running this strategy · 1
activities of orgs running this strategy
A sample of programmatic activities from the orgs above. These are what the strategy looks like on the ground.
- Administer defined contribution pension plan with participant loans and beneficiary management SAN MATEO ELECTRICAL WORKERSdirect serviceManages a multi-employer, collectively bargained defined contribution pension plan providing retirement benefits starting at age 55, disability benefits, and limited termination benefits. Participants receive quarterly statements, can apply for loans, and are able to assign or update beneficiaries on their accounts.
- Administer health and welfare benefits for active, apprentice, early retiree, and retiree electrical workers SAN MATEO ELECTRICAL WORKERSdirect serviceProvides comprehensive health and welfare benefits including medical, dental, vision, behavioral health, life and AD&D insurance, disability payments, wellness programs, and health reimbursement accounts to active, apprentice, early retiree, and retiree participants. Coverage is available based on hours worked and plan eligibility, with specific benefits tied to Anthem Blue Cross, Kaiser Permanente, Ameritas, and VSP networks.
- Deliver specialized health services and medical reimbursements SAN MATEO ELECTRICAL WORKERSdirect serviceOffers targeted health services including nutrition counseling, injury checks, health screenings, health coaching, mental health and substance abuse support, obstructive sleep apnea treatment, hearing aid reimbursement up to $2,000 per year, and annual coverage for medically necessary orthotic devices. Reimbursements for out-of-pocket and premium expenses are funded through employer-contributed Health Reimbursement Accounts.
- Host educational workshops for members SAN MATEO ELECTRICAL WORKERSdirect serviceConducts virtual and in-person educational workshops for members on topics related to benefits and retirement planning, such as the virtual workshop held on October 18, 2025.
- Provide retiree health benefits with employer and retiree contributions SAN MATEO ELECTRICAL WORKERSdirect serviceOffers health benefits to retirees aged 65+ and early retirees aged 55–64 who meet pension and Medicare enrollment criteria. Retiree medical benefits are partially funded by employer contributions from active participants and partially by retiree-paid premiums, with Hour Bank balances transferable and convertible to cover monthly costs.
- Support disabled participants with health coverage and disability benefits SAN MATEO ELECTRICAL WORKERSdirect serviceProvides full coverage for life, AD&D, medical, and dental insurance for up to 12 months per disability episode to participants under age 65 with Social Security disability awards and Medicare enrollment. Also offers a disability benefit of up to $1,000 per month after a 30-day elimination period.