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HEALTH BENEFITS SOC
ANNUITY FUND UPDATE AS PER THE LBA CONTRACT OF 2007 - 2009:
As of Jan 19, 2010, the one time lump sum payment of $1,338 was deposited into the account of every active member that was on the payroll as of October 31, 2009.
You can go to the Principal Website by clicking below
www.principal.com
ANNUITY FUND UPDATE: (May 2009)
As you are aware,the transition of our current Trustee directed balanced fund into a selfdirected
participant driven fund administered by the Principal Financial Group has
been implemented.
This move will give each of you greater control over the money in
your Annuity Fund account. You will have the ability to self direct your money among
different investment options, receive quarterly statements, have on-line access to
the Funds, and the ability to elect monthly payments upon retirement.
You can go to the Principal Website by clicking below
www.principal.com
DRUG PLAN: (Jan 2009)
As you know, effective January 1, 2009 our new drug provider is Innoviant, administered thru True Health Benefits.
By now, everyone should have received their Innoviant drug card listing all of their eligible dependents.
If not call the S.O.C. to request one.
Maryann Pellegriti is our Prescription Benefit Transition Manager (212-964-7500)
We no longer use Empire and Caremark and disregard recent mailings from NEXT RX.
Note: Innoviant’s 24 hour customer service helpline 1-877-559-2955 (toll-free)
You can find more information at the SOC website www.superiorofficerscouncil.org
Superior Officers Council (SOC) website!
More information on benefits can be found on the SOC website !
www.superiorofficerscouncil.org
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