16.2 ADMINISTRATION AND OPERATION OF PLAN
SPD Navigation
The Board of Trustees of the Plan is the named fiduciary with the authority to control and manage the operation and administration of the Plan. The Board shall make such rules, interpretations and computations and take such other actions to administer the Plan as the Board, in its sole discretion, may deem appropriate. The rules, interpretation, computations and actions of the Board shall be binding and conclusive on all persons. The Board of Trustees, and/or persons appointed by the Board of Trustees, shall have full discretionary authority
to determine eligibility for benefits and to construe terms of the Plan, benefits payable, and any rules adopted by the Board of Trustees.
The Trustees may allow new groups of Employees to participate in this Plan. The admission of new groups, however, shall be allowed only after the Trustees are satisfied that the admission of such groups will not be detrimental to the Plan or Trust. Moreover, the Trustees shall accept as Contributions only payments made in accordance with a Collective Bargaining Agreement or Written Agreement that is not detrimental to the Plan or Trust. The Trustees are authorized to reject any agreement or practice, or Contributions that are determined
to be pursuant to an agreement or practice, that is detrimental to the Plan or Trust and no Participant or Beneficiary right will be created by such rejected agreement, practice or Contributions. The determination of whether an agreement or practice, or the admission of a new group, is detrimental to the Plan or Trust shall be made by the Trustees in their sole discretion, and may include but not be limited to adverse actuarial, financial or selectivity considerations.
Under no circumstances is the Trust liable for the negligence, wrongful acts or omissions of any doctor, dentist, laboratory or other person or organization performing services or supplying materials in connection with benefits under this Plan.
- Plan Name: Alaska Teamster-Employer Welfare Plan
- The Plan Administrator and Plan Sponsor is The Board of Trustees. Their address is:
Board of Trustees
Alaska Teamster-Employer Welfare Trust
520 East 34th Avenue, Suite 107
Anchorage, Alaska 99503-4116
(907) 751-9700 - The Trust Customer Service Office will provide any Plan participant or beneficiary, upon written request, information as to whether a particular Employer is contributing to this Trust and, if so, that Employer’s address.
- Internal Revenue Service Plan identification number:
The Employer Identification Number (EIN) issued to the Board of Trustees is 91-6034674. - Type of Plan:
The Plan provides all Participants with medical and prescription drug benefits. The Plan provides some, but not all, Participants with life insurance, accidental death and dismemberment insurance, vision, dental, time loss, and vacation benefits. All benefits are paid directly from the Trust, except that the Trust pays insurance premiums to provide life insurance and accidental death and dismemberment insurance. - Name and address of the person designated as agent for the service of legal process:
Ms. Dennie Castillo
Alaska Teamster-Employer Welfare Trust
520 East 34th Avenue, Suite 107
Anchorage, Alaska 99503-4116
Service of legal process may also be made upon any Member of the Board of Trustees or on the Plan Administrator. - Names and addresses of Trustees:
Employer Trustees Union Trustees Vic Angoco Matson Navigation Company
1711 Tidewater Rd.
Anchorage, AK 99501Jace Digel
Teamsters Local 959
520 E. 34th Avenue
Anchorage, AK 99503Scott DePaepe
United Parcel Service
6200 Lockheed Drive
Anchorage, AK 99502Derek Musto
Teamsters Local 959
520 East 34th Avenue
Anchorage, AK 99503Frank Monfrey
United Freight & Transport Inc.
1701 E. 1st Avenue
Anchorage, AK 99501Eileen Whitmer
Teamsters Local 959
751 Old Richardson Highway
Fairbanks, AK 99501Todd Henderson
Brice, Inc.
PO Box 70668
Fairbanks, AK 99707Gary Dixon
Teamsters Local 959
520 E 34th Avenue
Anchorage, AK 99503 - All contributions to the Plan are made by Contributing Employers in accordance with Collective Bargaining Agreements in force with Teamsters Local No. 959, or by Employers signatory to a written agreement between the Trust and the Employer.
- The date of the end of the Plan Year:
The Plan Year ends each June 30. - The Trust pays insurance premiums for the following benefits:
Life Insurance Accidental Death & Dismemberment InsuranceThe Trust pays all other benefits from Trust assets, and purchases stop-loss insurance to protect against large claims. The stop loss carrier does not guarantee Plan benefits.