TO ALL PARTICIPANTS OF THE ITPEU ANNUAL BENEFIT FUND
The Board of Trustees of the ITPEU Annual Benefit Fund is pleased to announce that in addition to the Two Special Benefits Days which were paid on June 26, 2015 for all eligible participants, there will be Two Special Benefit Days paid on November 25, 2015.
As mentioned in our Spring 2015 edition, The Trustees wanted benefits to reach the maximum number of participants. Therefore, the Trustees have eliminated the Educational Benefit (Scholarship Program) for new applicants. Those who were awarded scholarships prior to October 1, 2014 will be permitted to renew their scholarships.
The savings from the elimination of the scholarship program will help fund the Two Special Benefits Days. Please note that the Special Benefits Days in June and December 2015 will not necessarily preclude additional Special Benefit Days for 2016.