How the plan works

To join the plan, you must be approved for work at a participating employer by the Union. Generally, for every hour of pay you earn for which your employer makes a contribution on your behalf to the IBEW Local 353 Trust Funds, you receive one bank hour. TEIBAS deducts the required hours (currently 135 hours) from your account each month to cover the cost of your benefits.

Virtually all your benefits are self-insured. This means eligible claims are paid directly from the plan. So all of us pick up the tab.

Generally, for every hour of pay you earn for which your employer makes a contribution on your behalf to the IBEW Local 353 Trust Funds, you receive one bank hour. TEIBAS deducts the required hours (currently 135 hours) from your account each month to cover the cost of your benefits.
The maximum number of hours that you can have in your account is enough to pay
for 12 months of benefit coverage (or 1,620 hours). Your hour-bank balance is reported
in your quarterly contribution statements prepared by TEIBAS.

Coverage begins on the first day of the second month after you have earned 450 hours.
You must earn these 450 hours within a period of no more than six consecutive
months. This six-month period is extended to make up for time you spend in trade
school. Once you qualify, TEIBAS will notify you