Health & Welfare

Therapy Coverage Changes

The Board of Trustees is announcing benefit improvements in outpatient Speech, Occupational, and Physical therapies for you and your eligible dependent(s). You can view the detailed changes in these document links: Active 1, 2 and Retiree.

Non-Network Expenses are Eligible for HRA Reimbursement

Effective for eligible claims incurred on or after January 1, 2024, the Plan allows full reimbursement from a Participant’s Health Reimbursement Account (HRA) for deductibles and copayments for services received from non-network providers. Click here to learn 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...

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, 2025. If you do not receive Form 1099-R by February 15, 2025 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.