Other Benefits Page
Life/Accidental Death & Dismemberment Benefits
Life insurance and accidental death & dismemberment benefits are provided to eligible employees and their eligible dependents through an insured contract with Union Labor Life Insurance Company (ULLICO).
| Life Insurance |
Benefit |
| Employee |
$5,000 |
| Spouse |
$1,500 |
| Dependent Child |
$1,000 |
| Accidental Death & Dismember Insurance |
Benefit |
| Employee |
$5,000 |
Life/Accidental Death & Dismemberment benefits are not available to retirees.
Vacation
Vacation contributions are based on the hours that you work, and are included by your employer along with their submission of monthly fringe benefits. All Vacation money that is received from employers is forwarded by the Trust office to the Operating Engineers Credit Union, and is credited to your specific Operating Engineers Credit Union account. Effective with hours worked January 2009, you have access to your vacation funds according to the following schedule:
Month 1: Hours are worked.
Month 2: Employer calculates contributions and remits to Trust office.
Month 3: Trust office reconciles contributions and forwards vacation funds to Operating Engineers Credit Union. Contributions are posted to your individual credit union account by the Operating Engineers Credit Union by the 5th of the month or the next business day, if the 5th falls on the weekend.