Your Union strives to improve benefits for our members and their dependents that currently received Medical, Dental, Prescription, Optical, Hospitalization, Surgical, and Death benefits through the NOITU Insurance Trust Fund.
Effective as of January 1, 2016, our Death Benefit Program has been increased to provide a greater benefit for our members. Eligible full-time member’s death benefit will be increased from $10,000 to $20,000. Eligible part-time member’s death benefit will be increased from $5,000 to $7,500, and eligible direct-pay member’s death benefit will be increased from $2,500 to $5,000. We are currently working on other benefit improvements which will be available to all eligible members in the near future.
As you may know, benefits are not just about health and death, they are also about life. In this issue, you will find our scholarship application. All members whose children are graduating high school this spring and planning to attend college in the fall are eligible to apply, by completing the application and submitting all the necessary documentations required. By offering this opportunity to provide scholarships to members’ eligible dependents, the Union hopes to help in the future generation’s life.
Be reminded that the NOITU Individual Account Plan (NOITUIAP), your retirement account, continues to experience growth in both employer and member’s contributions. Planning for your retirement is very important no matter how young you are. The NOITUIAP allows you to save your own money pretax in conjunction with your employers’ contributions. The earlier you start saving, whatever your budget can afford, the more you will have for your retirement. Your Plan allows you to save on a pretax basis directly from your pay check. If you are not currently participating, please speak to your representative and they will help you to get enrolled.
Further, your representatives are currently seeking your help in organizing new members. NOITU is offering all our members an opportunity to earn organizing bonus if you provide your representative with a lead to friends and family who work for non-union companies that we are able to organize. You will receive the first full month’s dues after a contract is negotiated and signed.
Lastly, this is Presidential election year and the primaries for the Presidential level are a disaster of disenfranchisement, discrimination, and despair.
As a policy of this Organization, we do not endorse any particular candidate or Party, but I would like each of our members to consider which candidate will serve them and their fellow working brothers and sisters the best when casting your votes during this election year. We need a President that will serve the whole nation, not just the wealthy, but the worker who struggles every day to provide food and shelter for his or her family, and will protect the hard fought benefits that are enjoyed by union members. These benefits are now enjoyed by all workers.
Keep these thoughts in mind when you cast your vote!