MEDICAL & PENSION
Local 1611 Medical Plan
For members working for a contributing signatory Contractor, our industry-leading plan includes:
Group MSP Coverage
Extended Health Coverage Including; prescription drugs, private hospital room, paramedical services, medical equipment, vision coverage (eyeglasses, contact lenses)
Life Insurance, Accidental Death and Dismemberment Benefits
Pay Direct Drug Card
Through our extended medical and dental plan carrier PACIFIC BLUE CROSS, Local 1611 provides our members with a complete medical care package which covers everything from extended health, dental and vision care benefits.
Members can CLICK HERE to LOGIN to the Pacific Blue Cross secure website to download forms or manage claims.
Download and print your extended health care forms:
B.C. Labourers’ Pension Plan
The LiUNA Local 1611 Pension Plan (B.C. Labourers’ Pension Plan) is financially strong and more than 100% funded on both a going concern and on a solvency basis. The normal retirement age for the Plan is age 65, however early retirement is available as early as 55.
How the Plan Works
In order for you to become a member of the plan, the plan must receive at least 700 hours from a participating employer within two calendar years.
The Plan is financed entirely by contributions made by participating employers. The contribution rates that employers make are set in the collective agreements. You are not allowed to make direct contributions to the Plan.
For pension service earned after Jan. 1, 2007, members earn credit for each hour worked. Effective January 1, 2018 employer contributions are pro-rated to the Plan’s standard rate of $2.75 per hour. If your employer contributes more than $2.75 per hour, pension hours are pro-rated up. If your employer contributes less than $2.75 per hour, pension hours are pro-rated down. A pension benefit of $0.03 is earned for each hour of pension credit given.
For example if you work:
2,000 hours for an employer who contributes $2.75 per hour on your behalf, your pension benefit credit will be: 2,000 hours x $0.03 earned per hour = $60.00 of monthly pension at age 65.
2,000 hours for an employer who contributes $3.00 per hour on your behalf, your pension benefit credit will be: 2,000 hours x $3.00/$2.75 =approx 2,180 hours credited; 2,180 hours x $0.03 earned per hour = $65.40 of monthly pension at age 65.
2,000 hours for an employer who contributes $4.00 per hour on your behalf, your pension benefit credit will be: 2,000 hours x $4.00/$2.75 = approx. 2,910 hours credited; 2,910 hours x $0.03 earned per hour = $87.30 of monthly pension at age 65.
2,000 hours for an employer who contributes $1.50 per hour on your behalf, your pension benefit credit will be: 2,000 hours x $1.50/$2.75 = 1,090 hours credited; 1,090 hours x $0.03 earned per hour = $32.70 of monthly pension at age 65.
Pension Plan Board of Trustees
The Board of Trustees oversees the careful investment of the Plan contributions. Their goals include protecting the Plan assets to ensure a secure source of retirement income and making improvements that balance the interests of all Pension Plan members; those working and those who have already retired.
HAVE A QUESTION? Call us at the B.C. Labourers’ Pension Plan office 604-538-6640 /toll free 1-800-964-3666, or CLICK HERE to email.
EMPLOYER REMITTANCE FORMS – Monthly Reporting of Contributions for employer contributions to the Local 1611 Medical Plan. Remember that all employer remittances are due in the benefit plan office on the 15th of the month following the month that is being reported (eg; July hour reports and payments are due by August 15; August reports and payments are due September 15).
This format can be printed and manually filled out to calculate the remittance due.
This format is interactive. If you enter the Agreement $ Rates for each individual/group you are remitting for, upon typing in the employee name and hours, the form will automatically calculate the remittance amount due and payable!
HELPFUL LINKS (OUTSIDE AGENCIES)
CANADIAN RETIREMENT INCOME SYSTEM
Information to help you plan for your retirement
CANADIAN RETIREMENT INCOME CALCULATOR
30-minute online exercise
CPP STATEMENT OF CONTRIBUTION
View and print your history of earnings and contributions