Dear Brothers and Sisters,
I have dedicated my report to only one subject because I, along with Justin and the rest of my staff, agree it is the most value we can provide the clients. And we need to continue to capitalize on it now while the opportunity is at hand.
Revised PIBF SPD and Pension Statements Mailed to the Membership
A revised Summary Plan Description (SPD) book and annual Pension Statements were mailed to the membership in March. The most current version of the SPD is always available on our website at www.pibf.org.
Elimination of Contribution Suspension Period Following a 401(k) Hardship Distribution
Effective January 1, 2019, the six-month suspension period for making employee contributions following a hardship distribution has been eliminated.
PIBF has a $200 annual Vision Care Benefit for Active and COBRA Participants and their covered Dependents. Did you know an annual vision exam can help detect serious medical conditions such as glaucoma, diabetes and high blood pressure? Good vision health can also greatly affect children’s success in the classroom. Vision screening, prescription lenses, frames, and contact lenses are typical vision care services and materials which qualify for reimbursement through the Vision Care Benefit. Children under the age of 19 will be covered for the annual routine eye exam and materials to the extent required under the Affordable Care Act.
New Pension Tax Table Installed
Pension tax tables are updated in the first quarter each year. The new table for 2019 was installed effective March 1, 2019. Please review your deposit amount on or after that date and let us know if you need to make any changes.
Jo Lea Stone is the Assistant Strategic Operations Manager. Jo joined PIBF in November 2018. Jo is married to her soul mate, Karl, and has an 18-year-old daughter, Korisa. Jo says her daughter is the best thing her life has produced! Jo, her husband, and daughter partner with eight volunteer charity efforts locally and abroad. In her free time, Jo barrel races and enjoys ‘jogging’ marathons. “Customer service has always been my primary focus and dear to my heart during my 23-year IT Career. I feel amazingly blessed every day I get to solve our members’ issues, no matter how big or small they may be. The PIBF group is second to none and working alongside them is like having an ALL-STAR team you can always count on. My main goal at PIBF is to continually improve our efficiencies and effectiveness, making it easy and quick for our membership to access their benefits.”
Chad S. Williams joined PIBF in February 2019 as the Pension and Contributions Manager. Chad has been a member of Local 798 for 20 years. For the past 12, he has been a Journeyman. He is a third generation Pipeliner and son of Welder member, Guy S. Williams, and his wife, Maria. He has one daughter, Alyssa Williams Shelley, who is married to Devon. Chad graduated with a degree in criminal justice from Northeast Louisiana University. He served in the Louisiana Army National Guard for six years and the Army Reserve for two years as a combat engineer. While in service, Chad worked as a deputy sheriff, where he remains a commissioned deputy. Chad has served the Local as a Pipeman, Spacer, Line Carrier, Testing Foreman, and Testing Journeyman. When not working, he enjoys playing guitar and being with family. Chad is honored to be appointed to this position by Danny Hendrix and considers it to be a privilege to serve the membership in this new role.
MORE 798 STORIES
Dear Brothers and Sisters, I have dedicated my report to only one subject because I, along with Justin and the rest of my staff, agree it is the most value we can provide the clients. And we need to continue to capitalize on it now while the opportunity is at hand.
Dear Brothers and Sisters, I hope everyone’s year has gotten off to a good start. At the time of this writing, union contractors have picked up three more jobs in Texas under the Market Recovery package. This is great news, and we anticipate more to come.
At the moment, work is slow at every level. In dispatch, we are diligently looking for work with other local unions by making phone calls every day.
New Pension Tax Table Installed Pension tax tables are updated in the first quarter each year. The new table for 2020 will be installed effective March 1, 2020. Please review your deposit amount as of that date and after and let us know if you need to make any changes.