IBEW-NECA Benefits Administration Association

On April 1st of 1991, the NECA-IBEW Welfare Trust Fund became self-administered. For many years previous to that, various other administrative companies administered the Fund.

As a result of being self-administered it was necessary to form a corporation for the Plan. In the beginning a "Board of Directors" was elected which consisted of three labor Trustees and three management Trustees. The original election called for one each to serve a three-year term, one each to serve a two-year term, and one each to serve a one-year term.

The duties of the Board of Directors include the hiring of the Administrator and approval of the yearly budget and expenses. In addition, the Board of Directors oversees the daily operations of the Fund Office.

The Board of Directors and the Board of Trustees are dedicated to the participants and to making the Fund friendlier to participants.