Prefunding Retiree Credit Program

Frequently Asked Questions

You must have worked as an Inside Wireman and retired after May 31, 2003 or as a Sound and Communication Employee, 494 Office Staff, JATC Office Staff, or NECA Employee and retired after May 31, 2023.

You must have a minimum of 7500 contribution hours in the past 10 years and a minimum of 10 service credits.

You must be retired.

You have attained age 55 or, if you have not attained age 55, you are eligible for a disability pension from the ECI Pension Plan. 

You may request your Prefunding Credit Calculation by either sending in a written request to the Plan office or send a request via email under the “Contact Us” on the website. 

As of January 1, 2025 each credit is worth $15, with a maximum amount of 30 credits for a total reimbursement maximum of $450.00

Yes, your total credit will be reduced by a percentage based on your age at the time of your retirement.

The Program has mandatory direct deposit of your credit. A direct deposit authorization form is sent with your packet.

The reimbursement is good as long as you are paying for coverage.

Your surviving spouse is eligible to collect the reimbursement, subject to continuing to pay for other coverage.

You do not have to take the Decatur Plan coverage, however you cannot have a lapse in coverage prior to collecting the reimbursement. 

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