UA LOCAL 773 PLUMBERS & STEAMFITTERS | (518) 792-9157 | info@local773.org

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Local 773 benefits

PLUMBERS & STEAMFITTERS LOCAL 773


Welfare, Pension and Annuity Funds

The Plumbers & Pipefitters Local #773 Welfare, Pension and Annuity Funds were established with the purpose of providing health insurance, retirement benefits and supplemental retirement income for its members. Our mission is to provide benefits and services that improve the quality of life of our members and their families. 

Local 773 - Welfare Fund


The Welfare Fund has grown to offer comprehensive health benefits including; vision and dental coverage, prescription drug coverage, and medical insurance to include free annual well visits, free allergy testing, free child care immunizations and free mammography screenings. We offer life insurance, disability and dismemberment insurance, and an Employer sponsored Health Savings Account. The Health & Welfare Savings Accounts assist the member defray any out-of-pocket health care costs. Our plan is proud to follow strict HIPAA Privacy Rules.

ATTENTION: WELFARE FUND TAX FORM 1095-B WILL BE SENT THIS YEAR (2024) BY REQUEST ONLY.

Several years ago, the Welfare Fund began sending out tax forms to report member and dependent enrollment in the CDPHP health plan. This tax form, called the 1095-B, assisted the IRS in enforcing the mandate that everyone have adequate health insurance.

 

Effective January 1, 2019, Congress reduced the tax penalty to zero, so individuals will not be penalized for not having health insurance. Because there is no longer a penalty, the IRS has indicated that the Welfare Fund must only provide these forms to individuals that request them. 

 

This means that the Welfare Fund will NOT automatically distribute the 1095-B tax forms this year. In complying with recent IRS regulations, members that need (or would like) the 1095-B tax form may request them by calling the Fund Office at 518-792-0586. You may also submit a request by e-mailing: Christopher Baxter at fundadmin@lu773.org, or sending a written request to Welfare Fund, P.O. Box 312, Glens Falls, NY 12801.

Local 773 - Annuity Fund


The Local 773 Annuity Plan was implemented in 1992 and is a defined contribution plan classified by the IRS as a profit sharing plan. Participants can direct their investment monies in their individual accounts. While the Annuity Plan is intended to provide supplemental income at retirement, members may also withdraw certain funds upon meeting certain criteria if they desire.

FUND FEATURES, DOCUMENTS, & Links


Summary Plan Description (Annuity Fund)

Annuity Fund Beneficiary Form

Annuity Application for Benefits*

Empower

Pinnacle Investments


* Please note that submission of this form does not guarantee immediate processing. Benefits are subject to eligibility requirements. If you have questions on your eligibility, please contact the Benefits Office.

Pension Plan


The Local 773 Pension Plan was implemented in 1964, and has been providing benefits to our members for over 50 years. The purpose of the plan is to provide a retirement income for the member, supplementing Social Security Benefits, following the time the member retires from active employment in the plumbing and pipefitting trades in our the area. Our members are eligible to retire as early as age 55, and in order to meet the conditions of our members, we offer many different pension options. 

Contact Information


UA Local 773 Office Staff

Christopher Baxter
Fund Administrator
(518) 792-0586 x210
chrisb@lu773.org

Kethem Novick
Assistant Administrator
(518) 792-0586 x205
kethemn@lu773.org

UNION TRUSTEES:


The Local 773 Board of Trustees works vigorously to maintain the level and quality of benefits our members have become accustomed to.

Union Trustees:

Michael Jarvis
William Austin
Lawrence Gonnelly
Michael Salerno

Contractor Trustees:
Terry Bulman
Joseph Collier
Andrew LaPlante
Daniel Monroe, Jr. 

Contact Information & Address


Mailing Address:
Plumbers & Pipefitters Local 773 Benefits Office
PO Box 312
Glens Falls NY 12801

Street Address:
37 Luzerne Road
Queensbury NY 12804

Phone: 518-792-0586
Fax: 518-792-0732


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