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NECA-IBEW Welfare Trust Fund was established on November 21, 1955.
There were originally five locals that started the Fund: Local #146,
Decatur, IL; Local #193, Springfield, IL; Local #34, Peoria, IL; Local
#601, Champaign, IL; and Local #538, Danville, IL. The beginning hourly
contribution was five cents per hour.
The Health & Welfare Fund was, at its inception, an insured plan with Aetna Insurance Company. In October of 1967, the Fund became self-insured and in April of 1991, the Fund became self-administered. There are currently 18 Locals that are admistered by the Fund Office that span from Central Illinois to Miami Florida. The Fund, commonly known as the "Decatur Plan" is located in Decatur Illinois. The Fund has 34 employees that administer claims, COBRA, reciprocity, employer reporting, large case management, and various other responsibilities. The Health & Welfare Fund also administers the NECA-IBEW Pension Trust Fund. It is the desire of the Fund Trustees that this Web Site be developed to keep all the participants in the Fund better informed about the Plan by providing them with a more convenient way to access information when needed. |
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