The Retiree Health Trust is a fund to which employee contributions are made in order to reduce the Health & Welfare premium at retirement.
The purpose of this Plan is to provide a contribution allowance on your behalf toward the cost of retiree health care through the Pipe Trades Services MN Health Fund. The benefit you receive is based upon your career hours worked.
Without this Plan, you would pay 100% of the cost of your retiree health care through the Pipe Trades Services MN Health Plan. This Plan does not process or pay any health care claims, but provides a benefit toward the amount that you would otherwise have to self pay to the Pipe Trades Services MN Health Fund.
To reference the Retiree Health Plan booklet, click this link to a pdf which summarizes the eligibility rules and benefits of the Plan.