Deferred Income

When will I be eligible to take a distribution the Deferred Income Plan?

Participants can withdraw from the Deferred Income Plan under the following circumstances:

  • Unemployed members can withdraw funds after 3 consecutive months of no contributions.
  • Participants that are granted a Social Security Disability Award and are on the Lay Off List. The member will need to provide a copy of the Social Security Disability Award.
  • Participants that are no longer actively working and who have commenced early retirement (age 55)
  • Participants that are no longer actively working and who have commenced retirement (Age 58+)

When can I take a loan?

A participant will need to have established a balance in the Deferred Income Plan for a minimum of 3 years to take a loan. The available loan amount will be determined by the Trust Funds at the date of application. The maximum loan amount is generally the lesser of 50% of employer contributions or $50,000.

Participants are able to take a loan under the following circumstances:

  • Temporary illness of the participant or immediate family member
  • Reconstruction of a home
  • Purchase of a primary residence
  • Unemployment
  • Secondary education for the participant or immediate family member

Where do I get my application notarized?

The Trust Funds Office offers notarization at no cost. Alternatively notaries can often be found at banks, law offices and other financial institutions.


How do I enroll in Local 103s Health Benefit Plan?

To participate in Local 103’s Health Benefit Plan, members must contact the Eligibility Department and meet the requirements listed below. In addition, participants will need to provide proper documentation listed below:

    1. 30 days worked with 144 hours in a single calendar month for initial eligibility
    2. Maintain 144 hours or contributions every month after becoming eligible.
    3. For initial enrollment, or to add dependents in the future, the following will be needed, for individuals enrolling in the plan, as applicable:
      1. Birth Certificate(s)
      2. Social Security Card(s)
      3. Marriage Certificate (if applicable)
      4. Adoption Certificates (if applicable)
      5. If Member or Spouse carries any alternative insurance (Medical, Dental, Rx or Vision) you must notify the Trust Funds Office immediately.

I am a Local 103 member participating in the Health Benefit Plan with less than 48 work months and I got laid off, what happens now?

Participants must first sign the Lay Off list. If you have under 48 worked months you are eligible to be covered for 12 months of Lay Off Carry Time after 6 months of eligibility. If the participant exceeds 12 Lay Off months, they will be given the option to self-pay or will lose their health insurance/effective date. If a member re-enrolls in the Health Benefit plan, after being terminated, they will be eligible for an additional 12 months of Lay Off Carry Time. A lifetime maximum of 36 months of lay off coverage is available under these circumstances.

I am a Local 103 member participating in the Health Benefit Plan with 48+ worked months and I got laid off, what happens now?

Participants must first sign the Lay Off list. If you have over 48 worked months and comply with all referral rules, you will be covered by the Local 103 Health Benefit Plan indefinitely.

Why did I receive a bill for my Health Benefits?

Participants will receive a bill if they do not meet the 144 hour’s monthly contribution requirement. To maintain coverage, participants are billed the current contribution rate for every hour short of 144. The current contribution rate is $13.00/hour.

Do I have Life Insurance through Local 103s Health Benefit Plan?

Members who participate in the Health Benefit Plan and are Actively Working, on the Layoff Sick or Travel List are eligible for a Life Insurance Policy at a graduated scale of $20,000 – $50,000 depending on the years of Master Plan Coverage.  Additionally, if you are covered by Local 103 Retiree Health Plan, you may be eligible for a lump sum Death Benefit. To determine your eligibility for either of these, please contact the Trust Funds office.

How many worked hours do I need to retire with Health insurance?

To be eligible to retire with Health insurance through Local 103 Health Benefit Plan, members need to have been continuously covered under the Master Plan for the last 15 years with a minimum of 15,000 hours in employment. For more information on retiring with Health insurance, please contact the Eligibility Department at the Trust Funds office.


Does the Pension Plan run on a calendar or fiscal year?

The Pension Plan runs on a fiscal year from November 1st through October 31st.

How do I become vested in the Pension Fund?

Members become vested in the Pension Plan after earning 5 Eligibility Credits.

How many hours is a good pension year?

A good pension year is considered 1,400 hours.

Can you borrow from other pension years?

Yes members can borrow hours from other pension years but they must have at least 200 worked hours in a plan year.

What is the Pension Multiplier?

As of November 1, 2016 the Pension Multiplier is $117.00 per year of service. The multiplier will increase on November 1, 2017 to $120.00.

Health Plan

Who is Local 103’s Health Benefit Dental Plan’s Carrier?

Local 103 I.B.E.W Health Benefit Plan has been amended to utilize Delta Dental’s networks effective January 1, 2017. For more information, please call the Trust Funds Office at (617) 288-5999.

How do I determine if my dentist is covered under Local 103’s Health Benefit Plan?

Participants can search their specific dentist on Delta Dental’s website at www.deltadentalma.com/hix-find-a-dentist to confirm if their dentist is part of Delta Dental’s network.

Can I opt out of the prescription mail order service?

No. After 2 retail refills of what is considered to be a maintenance drug, the prescription plan is a mandatory mail order service through CVS Caremark.

Am I responsible for my Medicare part A and part B deductibles?

Medicare participants are responsible for only $200.00 of their Part A deductible each time it is assessed by Medicare and the total amount of their Part B deductible each year.

Who is my routine vision care provider?

Participants may choose their vision provider. Local 103 Health Benefit Plan allows $150.00 for hardware and $60.00 for routine eye exam every 2 years.  Local 103 Health Benefit Plan offers network coverage through Davis Vision.