Teamster Union Benefits Guide

As a Teamster union member, you're likely wondering what benefits you're entitled to. The Teamster Union offers a comprehensive package of benefits that can help you and your family in times of need.

Health and Welfare benefits include medical, dental, and vision coverage, as well as life insurance and accidental death and dismemberment coverage. These benefits can help protect you and your loved ones from unexpected medical expenses.

Retirement benefits are also a key part of the Teamster Union package, with a pension plan that provides a steady income stream in retirement. The pension plan is designed to help you maintain a comfortable standard of living after you retire.

With the Teamster Union, you're not just fighting for better wages and working conditions – you're also securing a better future for yourself and your family.

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Insurance benefits are a crucial part of being a Teamster union member. Aflac is a national leader in supplemental insurance plans, offering customized plans specifically for members of Teamsters Local 986.

These plans are "guarantee issue", meaning you cannot be declined coverage if you are currently working. This is a big deal, especially if you have a pre-existing condition or concerns about your health.

The Teamsters Union offers a range of benefits, including insurance plans, educational opportunities, and financial services. Some of these benefits include Teamsters Voluntary Income Protection (VIP+) Plan, Whole Life Insurance with Long Term Care & Accident Protection, and Retiree Health Insurance.

If you're unable to work due to injury or illness, supplemental disability insurance can provide a financial safety net. Local 222 offers this type of insurance in conjunction with Catherine Neff.

Some specific benefits of the Teamsters Voluntary Income Protection Plus (VIP+) Plan include Short-Term Disability, Long-Term Disability, and Life Insurance with AD&D. These benefits are voluntary, meaning you must enroll in them if you want to be covered.

Here are some key facts about the Teamsters Voluntary Income Protection Plus (VIP+) Plan:

The Teamsters Union offers a range of pension funds to help its members secure a comfortable retirement. The Teamsters Local 727 Pension Fund, for example, increased benefits for the first time since 2006 in 2013, honoring up to 40 pension credits for retiring participants.

The New England Teamsters & Trucking Industry Pension Fund was established in 1958 to provide retirement income to eligible participants and their beneficiaries. This fund is jointly administered by an eight-member Board of Trustees and is qualified under IRC Section 401(a).

You can get more information about the New England Teamsters Pension Fund by visiting the Tri State Fund website or by meeting with a representative from the fund at the Local 443 Union office on every third Friday.

As a Teamster union member, you have access to a range of health services that can help you stay healthy and manage medical expenses.

The Teamsters Local 727 Health & Welfare Fund offers a health insurance wellness program that encourages proactive health management.

Plan participants can reduce their coinsurance and prescription co-pays by completing a medical exam and submitting an exam checklist.

For members with access to CVS and Osco pharmacies, you can download a PDF of participating locations by clicking here.

If you're looking for a convenient way to get physical therapy, Teamsters 727 Health Plan members can receive treatment at Athletico clinics with no out-of-pocket expenses.

To schedule an appointment, simply call 877-ATHLETICO (284-5384).

Additionally, members can find telephone numbers and contact information for various health services, such as authorization for hospital stays and surgery, through the Teamsters Local 443 Transportation Health Services & Insurance Plan.

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The Teamsters Union offers a range of financial services to its members, including a retirement plan that's a great way to save for the future.

The Teamsters Retirement Plan has a guaranteed minimum interest rate of 4.5% and a maximum contribution limit of $18,500 per year, which is a significant amount of money that can add up over time.

As a Teamsters member, you can also take advantage of the union's life insurance program, which offers up to $20,000 in coverage for a low monthly premium.

Teamsters members who have been with the union for at least 10 years are eligible for the union's annuity program, which provides a guaranteed income stream for life.

The Teamsters Union also offers a range of other financial services, including a credit union that offers low-interest loans and a financial counseling program to help members manage their debt.

By taking advantage of these financial services, Teamsters members can save money, reduce their debt, and build a more secure financial future.

The International Brotherhood of Teamsters offers a wide range of benefits to its members, designed to support various aspects of their personal and professional lives.

One of the key benefits is insurance coverage, which includes the Teamsters Voluntary Income Protection (VIP+) Plan and Whole Life Insurance with Long Term Care & Accident Protection.

Members also have access to financial services, such as the Teamster Privilege Auto & Home and Teamster Privilege Credit Card, which can help with everyday expenses.

The Teamsters Union also provides educational opportunities, including the Tuition Discount and Bachelor’s Degree Program, which can help members save money on higher education.

In addition to these benefits, the Teamsters Union offers a range of other perks, such as the Teamsters Disaster Relief Fund and the Teamster Privilege Everyday Savings.

Here are some of the specific benefits offered by the Teamsters Union: