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Why a Website for Multiemployer Trusts?
The site comprises
the backbone of the Trust Funds' Internet communication strategy
to streamline administration, reduce costs, and improve communication.
This involves building the necessary infrastructure for meeting
trustee and participant developing needs.
Trustee
Needs
- Making Benefits
more Visible and Appreciated
- Timely Announcements
to Participants
- Mass Distribution
of SPD/SAR/SMM
- Participant
Database Maintenance
- Employer
Reporting of Hours and Contributions
Participant
Needs
- Easy-to-Use
Plain Language Summary of Benefits with Hypertext Links
- Access to
Personal Database Information on a 24/7 Basis
- Updated Accrued
Benefits/Vesting Status
- Projected
Benefits (Normal/Early/Optional Forms) Under Various Assumptions
Interactive
Features
- With Trust
Office
- Update Announcements Section "On-the-Fly"
- Update Participant Data
- Periodic Reports on Site Activity
- Participant "Self Service"
- Communicate Personal Data Updates to Trust Office
- Open Enrollment
- Provider Lookup
- Applications for Retirement, Loans, Survivor Benefits
- Statements of Activity, Intent to Work, Request to Work
Other
Issues
- Legal Considerations
- The site should contain strong disclaimers directing participants
to personal communication with the Trust Office for official determinations.
- The site will require review by Trust Counsel periodically.
- Security
- Participant data will be secured by a Firewall, Password Protection
(PIN's), and a Secure Server.
- Implementation will require distribution of PIN's to Participants
through a direct mailing.
Cost
Elements
- Setup and
Implementation
- Initial Consultation
- Graphics Design
- Interpretation and Summarization of Plans
- Initial and
Recurring Expenses
- Static Forms
Conversion
- Interactive
Design/Database Implementation
- Dynamic Forms
Development
- "Bells and
Whistles"
- Benefit/Options Calculators
- Benefit Projections Annual Support and Updating
Cost
Saving Elements
- Time, Time,
Time
- Telephone, Correspondence, Data Entry
- Frees resources for high priority functions
- Printing,
Postage, Paper Costs Reduced
- Intangibles
- may be the most important elements of all
In
Conclusion
The
site should contain all of the Trusts' current static data (i.e.
SPD, Plan, rules, forms, etc.) The Database should contain up-to-date
participant data such as hours history and account balances The
site will be designed with expansion in mind. "Anything is Possible"
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