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Pension Processing
Many employees are asking, “When am I
eligible to retire? I want to retire as soon as I am eligible and not one
hour longer!” We have been informed by Fidelity that employees watching
Credited Service cannot include the first 40 hours paid to us this calendar
year. These hours were paid to us for the Christmas Holiday period of 2004.
It is our position that hours compensated in a calendar year count toward
that year’s Credited Service. We have requested that this situation
be remedied and a fix is in the works; but with things of this nature, it
may take some time.
Also, Fidelity is not able to recognize
any unused current year vacation time toward Credited Service. So bottom
line for now is - if you are planning to retire as soon as you are able and
want to get a pension check on time, keep in mind the fact that you should
not cut it so close as to jeopardize your goal! Give yourself enough of a
cushion of Credited Service hours to insure that processing with Fidelity
will go smoothly.
Optional & Dependent
Life Insurance Invoices
Employees who have
been laid off or on any type of leave of absence may have received an
invoice to pay the monthly premiums for these optional programs. Some are
being sent in error, others need a coding corrected at Fidelity to update
that computer system telling Fidelity that you are back to work. A fix of
this system is in the works, but if you are affected by this issue, to
insure that your data is correct, contact Fidelity at 1-800-489-4646 and
ask for the Health & Insurance Department. Be sure the representative
knows that you have returned to work and ask for details on continued
deductions.
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Healthcare
If you are enrolled in Priority Health
and receive a Blue Cross card in the mail, do not throw it away and forget
about it! There is a problem that needs to be corrected at Fidelity. Your
Benefit Rep will need to contact Fidelity and Priority Health to be sure all
eligibility is in place. You do not want to wait to find there is a problem
when you are at the pharmacy trying to pick up a prescription.
Legal Services Plan
In cases where husband and wife work for
GM or Delphi, one eligible
participant can contact 1-800-521-7818, Ext. 517 and declare coverage for
both parties for tax purposes. You need to call with eligible participant’s
names, social security numbers and locations of employment. If you have
already notified Legal Services of your wishes in the past, there is no need
for further action.
Contact Benefits:
@3450 (In-plant)
246-3450 (Local)
800-730-8292 (Toll Free)
Your UAW Local
730 Benefit Reps -
Grant Holst Jerry
Reid
Jolan Jackson Lauri
Veneman
Alt’s.: George Casarez and Denise
DeBoer
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