Part B: Benefits and Participation at a Glance

The Trust provides reimbursement benefits toward the cost of post-retirement “Covered Expenses” paid by participants, on or after the date the participant becomes an Eligible Retiree under the Plan. “Covered Expenses” include the following:

• Premium or contribution payments for coverage under health, dental, or vision insurance plans.
• Medical expenses excludable from gross income under Internal Revenue Code Section 213(d), i.e., costs for diagnosis, cure, mitigation, treatment, or prevention of disease or injury, including co-pays and deductibles.

You may contact the Trust Office, or visit www.irs.gov to see IRS Publication 502 for more details on Covered Expenses.  Generally, any medical expense that would be deductible under Internal Revenue Code Sec. 213(d) is allowed as a Covered Expense.

Generally, an individual can participate in the Trust if they are a member of a bargaining unit that is a member Association of PORAC, which has bargained to participate in the Trust; and the individual is employed in a classification covered by a Memorandum of Understanding (“MOU”), which provides for participation in the Trust. Associations outside of California may join under separate rules.