May 18, 2021
Information for Electricians

Welcome to the Electricians page. The Electrical Team is pleased to provide you with the following information about membership in the International Brotherhood of Electrical Workers. When you join the IBEW you will become a member of a family that is 116 years old with a current membership of over 750,000. As union members, we bargain collectively with our contractors over wages, benefits and work place conditions. Most of us have very limited bargaining power as individuals, but as a group, we are stronger.

  • Current Journeyman Wireman wage rate of $26.95 per hour.
  • Health Insurance for you and your family at no cost to you. Chose between the Anthem HMO and the PPO plans both include Dental and Vision coverage.
  • Retirement Plans provided for Journeyman Wiremen, Construction Electricians ans Apprentices at no cost to the worker, which allows you to provide for your family today and plan to retire with dignity later.
  • Representing over 1200 members Local 666 IBEW is the largest pool of electrical workers in Central-Virginia.
  • Continuing Training provided at no cost to our members by the Richmond Electricians Apprenticeship.
  • Negotiated Labor Contracts that protect both workers and employers, and ensure wage and benefit stability.
  • Access to a drug free work place.
  • Membership in an organization dedicated to its members and their families, with progressive leaders who strive to protect workers and their families on and off the job.
  • Access to jobs with over 30 electrical contractors in Central Virginia.

The Electrical Team hopes you will find the attached links useful for learning about membership in the IBEW. Please feel free to contact IBEW Local 666 with any questions you may have.


Apr 23, 2008
  • Current Journeyman wage rate of $26.95 per hour.
  • Family health coverage with no out of the check cost to the worker.
  • NEBF Pension which pays $32.00 per month for each year of covered employment.
  • SERF Retirement with 10% of your gross pay being contributed with no out of check cost to the worker.
  • IBEW Pension which pays $4.50 per month for each year of continuous membership.
  • Monthly dues include a subscriptions to the IBEW Journal, a quarterly magazine containing information and news from the IBEW and The Electrical Worker, a monthly publication with news and information from IBEW locals throughout the United States and Canada.
  • $6,250.00 Life Insurance Policy from the IBEW, with double indemnity for accidental death.
  • $1.00 per member is paid to beneficiary upon death of member or spouse from the Local 666 Death Benefit Fund.
  • If a member is called to active duty military service , the IBEW will pay his dues until his enlistment has ended.
  • Membership in the IBEW Local Union 666 Federal Credit Union is available to all members and their families. Members working through the Local Union may have money deducted from their pay and deposited monthly into their account. Competitive interest rate loans are available to all members with approved credit after 90 days of membership.
  • Training programs are provided to improve or upgrade the workers skills. All training is provided by the Richmond Electricians JATC.

IBEW MEMBERSHIP DOESN'T COST, IT PAYS!


Apr 24, 2008

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Apr 22, 2008

Health Care Coverage is provided for the workers employed by contractors working under the collective bargaining agreement between The International Brotherhood of Electrical Workers Local Union # 666 and The Richmond Division Atlantic Coast Chapter National Electrical Contractors Association. Health Insurance is provided by the Local 666 Benefit Trust Fund and is administered by Southern Benefit Administrators, Inc.. Benefits become effective after you have worked 320 hours for a signatory contractor and the monthly report and monies have been recieved. The health insurance covers the worker and his or her immediate family. You will have the choice of either the Anthem KeyCare (PPO) or the Anthem HealthKeepers (HMO). Dental Coverage provided by Delta Dental is included in either plan. The Benefit Trust Fund also provides a Death Benefit for participants and their families. The active participants are elligable for $20,000.00 with another $20,000.00 Accidental Death and Dismemberment. The participants spouse and dependents are elligable for $5,000.00 in Death Benefits (Dependents under 1 year of age are elegible for $1,000.00 in Death Benefits) The health and dental plan basics are included below. Any questions regarding these benefits can be answered by Southern Benefit Administrators, Inc. (804) 358-2348.

***This outline is intended for informational purposes only. Plan Participants are provided with a copy of the Summary Plan Description which provides complete details of the plan provisions.

 


Apr 22, 2008

By being employed for a contractor who is signatory with the IBEW you will have contributions made to the National Electrical Benefit Fund.

  • The NEBF is a multi-employer, defined benefit pension plan that provides retirement benefits and related benefits to employees in the electrical industry.
  • Contributions are made each month by Covered Employers on behalf of employees.
  • Covered Employers contribute 3% of their covered employees' gross labor payroll each month to NEBF.
  • In addition to Retirement (Normal and Early) Benefits, the Fund provides Disability Benefits and Pre-Retirement Spouse Benefits.
  • You have to work 300 hours in a calendar year in Covered Employment to have the hours used in the benefit calculation.
  • The current pension rate is $32.00 per credit year. An example of the NEBF pension benefit after 27 years of service retiring at age 62 would be a monthly payment of $864.00 (Example only: Based on current benefits).

NATIONAL ELECTRICAL BENEFIT FUND


Apr 23, 2008

 By being employed for a contractor who is signatory with the IBEW you will have contributions made on your behalf to the Southern Electrical Retirement Fund for each hour you work.

 

 

  • SERF is a defined contribution plan that provides retirement benefits to employees in the electrical industry.
  • Contributions are made each month by Employers on behalf of Employees.
  • Employers contribute 10% of their Employees' gross labor payroll each month to SERF.
  • Individual accounts are established for each Employee to record the Contributions made on his behalf.
  • Currently 17 IBEW local unions with over 21,000 members participate in SERF.
  • SERF currently has over $752,000,000 in assets.
  • An employee who begins participation at age 35 and retires at age 62 can accumulate over $380,000.00 for retirement.(Example based on 1800 hours worked per year and the account earning 7% interest per year)

 

 


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Page Last Updated: Oct 22, 2008 (08:12:00)
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