In an effort to continue assisting NYCDCC members and retirees through the financial and physical strain caused by the COVID-19 pandemic, the Board of Trustees has approved the following temporary changes to Welfare Fund eligibility and retiree premiums. These changes will be effective for the third quarter of the year (beginning July 1, 2020 for Welfare Fund eligibility and August 1, 2020 for retiree premium waivers).
- All members who are currently eligible for NYCDCC Welfare Fund coverage will be credited with 250 hours so that they may continue their coverage through the third quarter (July 1 – September 30).
- This includes anyone who is currently on COBRA or utilizing self-pay hours.
- This does not include retirees who are currently running out bank hours.
- Additionally, the Board of Trustees has approved the waiving of retiree premiums for three months beginning August 1, 2020 (August, September, October). The collection of retiree premiums will resume in November unless otherwise notified.
*Please note that this credit is for welfare eligibility purposes only. No credit shall be given towards pension, annuity or vacation.
As always, the Board of Trustees will continue to look for ways to help NYCDCC members and retirees through the COVID-19 pandemic while remaining fiscally responsible to the Funds.
If you have any questions regarding these changes, you can contact Member Services at (800) 529-FUND (3863).
Please read this letter from EST Geiger further explaining the updates.