It’s come to our attention that the post-65 retirees/households recently received a letter from SilverScript notifying them that they will be disenrolled at the end of the month/year. Although SilverScript did not notify our office prior to sending the letter, this disenrollment notice effective 12/31/23 is expected because it’s a Medicare requirement.
Further, although the SilverScript notice naturally does not mention retirees are being enrolled in our MedImpact/Vibrant Rx prescription drug plan as of 1/1/24, retirees were sent a notice on 10/19/23 notifying them of such. That October mailing and a few other details were also referenced in the Decatur July newsletter. - See Picture
In sum, there’s no cause for alarm or action – retirees (and all members) will be automatically transitioned to the new MedImpact/Vibrant Rx plan for 2024.
Incidentally, the MedImpact/Vibrant Rx welcome kits with cards will be arriving to all Participant households within the next couple weeks.
On Saturday, December 16th, we will be hosting another Retirement Workshop at the hall. We will serve breakfast sandwiches at 9 and start the workshop promptly at 10 am. This workshop will be to educate all members on the different retirements that we have as IBEW 531 members. This will be beneficial to all members, including apprentices. We have recently made numerous improvements to our Pension so I highly suggest attending this workshop. Please feel free to bring your spouse. We will cover the basics of the 531 Pension Plan, NEBF, PBF and the 531 Money Purchase Plan as well as time for questions. This should only take around 1 to 1.5 hours. To sign up, please call the hall or go towww.ibewlocal531.org/pensionworkshop
As a reminder, this Friday's Union Meeting is being held at the JATC located at 301 E. 8th Street in Michigan City. It will be held in the gym and start promptly at 7 pm. We will be honoring our retirees with watches along with bringing in all the new apprentices. We will also be giving away Christmas prizes and providing pizza and refreshments.