Government Pension Health Welfare Funds Forms for Queens
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FAQ
The acronym for that extra charge is IRMAA, which stands for Income Related Monthly Adjustment Amount. This year the income threshold is $85,000 for individuals and $170,000 for couples filing joint tax returns. The NYC Health Benefits Program will reimburse the amount of the Medicare Part B IRMAA increase.
The United Federation of Teachers Welfare Fund is maintained for the exclusive benefit of employees and retirees of the New York City Department of Education who are covered under agreements with the UFT, and for whom the employer contributes monies to the UFT Welfare Fund.
You may obtain this form online at . Documentation is required for each person for which you are applying. Proof of payment must indicate payments made for all months of each year.
If you paid more than the standard monthly reimbursement rate for Medicare Part B, as an Income Related Monthly Adjustment Amount (IRMAA), you may be eligible for additional reimbursement.
Definition of welfare fund : a fund usually established by an employer from which benefits are paid to employees in time of sickness or other specified occasion and commonly set up in response to union pressure and as a contractual obligation.
UPON YOUR RETIREMENT YOU WILL BE ENROLLED FOR HEALTH BENEFITS ON THE FIRST DAY OF YOUR RETIREMENT PROVIDED YOUR APPLICATION HAS BEEN PROCESSED BY THE HEALTH BENEFITS PROGRAM PRIOR TO THE DATE OF RETIREMENT (AT LEAST 3 WEEKS BEFORE YOUR RETIREMENT DATE).