Volume 7 Issue 3 - Operating Engineers 520

IUOE Local 520
Volume 7, Issue 1I1
Winter 2015
M T . V ERNON T OWNSHIP
H IGH S CHOOL
S T . E LIZABETH ’ S H OSPITAL
O’F ALLON IL
C ONTAINMENT C ELL
P EABODY C OAL M INE
Inside this Issue...
Ron Kaempfe,
Business Manager
Per Capita Tax Increase
DUES INCREASE— Effective July 1, 2015
3
At the IUOE General Convention a resolution was passed
to increase the Per Capita rate Fifty Cents ($0.50) per
month.
The following monthly dues rates went into effect
July 1, 2015 for Local 520 Operating Engineers.
Mark Johnson, President
Mike Parkinson,
Treasurer
520, 520A, 520R .............................................. $34.75
44
News & Announcements
Health & Welfare
Training Department
520D ................................................................... $35.00
Retirees (low dues) ......................................... $11.75
Please note: Union dues are due by the first of each
month. After that time, there will be a $1.50 late fee per
month.
Vern Parmley,
Financial Secretary
Chad Goldschmidt,
Recording-Corresponding
Secretary
520B, 520C ....................................................... $30.00
5
5
Schedule of Events
Member meetings take place at 7 PM on the second Friday
of each month. Specific dates for the next 4 months are as
follows:
6
6-7
7-11
8-11
11
Friday, January 8
February Meeting CANCELED
Friday, March 11
2015 Pin Presentation
12-13
12-13
Friday, April 8
New Members and
Retiree Recognition
Labor Day Parade & Picnic
Officers, Retirees and
Obituaries
13
14
16-17
Page 3
Ron Kaempfe,
Business Manager
Brothers and Sisters:
I think it is safe to say that once again Local 520 had the largest participation in the Labor Day Parade. We had lots of
people and lots of equipment. My thanks to all who walked in the parade, brought equipment to the parade, helped with the
fish stand, fried fish or helped in any way. I hope Governor Rauner choked when he was told how large the crowd was in the
parade and along the route. His fight against labor has probably made labor more united than anything each craft could have
done on their own.
The Phillips 66 turn-around ramped up right after Labor Day. I spent 10 days calling everyone I knew to get enough
operators for Phillips 66 and wound up about half a dozen crane operators short. The largest part was complete by
October 20, with Sterett working on tearing cranes down till about Thanksgiving. Phillips 66 reported no lost time accidents
and seemed happy with the job that was done.
Our Local 520 Health and Welfare Dept. held our annual Health Fair October 24 at the Highland Knights of Columbus
Hall. The plan was well put together and people moved through quickly. There was probably more time spent visiting after
getting through the line than waiting. If you have never participated in this you should plan on it next year.
That evening we held our Pin Presentation honoring members for their years of service. A crowd of about 150 people
attended. Again, our secretaries did a fine job of handling the arrangements. We can always count on them to do a fine job
and for the people at Albert’s to put out a tremendous meal. Members receiving pins are always proud of the number of
years they have been members of this great local.
I never want to forget to thank our Veterans for making this country what it is today. Veterans Day does remind us all
of this, but we all know that we should thank them each and every day of the year.
The J.A.T.C. has already started on classes for the fall/winter schedule. Please take the time to get all the certifications
you can and renew the ones you have. Some people missed out on some good jobs this year by not having the certs needed
to go. There are also pipeline classes being held by the International at various locations. You need to be qualified on
whatever piece of equipment you sign up for on these classes and they will get you acclimated
to the pipeline way of doing things. I believe everyone who has attended these classes the last
couple of years has been successful when sent to a pipeline job. We had over 100 members
on pipeline during the summer.
Enjoy the Holidays with your families and friends. The December meeting will be the
Christmas Party with food and drink and a few attendance prizes. Make it if you can.
Be safe through the Holidays, both at home and on the job.
Always,
Ron
The labor movement means just this: It is the last noble protest of the American
people against the power of incorporated wealth.
— Wendell Phillips, American abolitionist, advocate for Native Americans, orator and lawyer
(November 29, 1811–February 2, 1884)
THE 520 HOISTER
Page 4
Mark Johnson,
President
Mike Parkinson,
Treasurer
Brothers and Sisters,
Brothers and Sisters,
In Local 520’s August 2015 through July 2018 Heavy Highway and Building Heavy agreements, the contractors agreed to
contribute ten cents per hour to the Downstate Infrastructure
Awareness & Advancement Fund (DIAAF).
Another year has come and gone, it hardly seems possible. A
hole was dug at the beginning of this year, just as was done last
year with the first quarter hours reported nearly identical to the
hours reported for the same time frame in 2014. That being said,
a strong 2nd quarter, the highest since 2013, meant we were out
of the hole and things were looking good. Then the rains came
and didn’t want to leave. June and July were the wettest in recent
memory. The pipeline that was to start was finally halted because
of weather. Inside the pipeline industry it was said “pipelines don’t
get rained out” but it did here in July. Projects recovered from
the rain, and the hours reported for the 3rd quarter were again
strong, the highest since 2011. This puts us in a position to exceed the hours reported for the last 2 years. To plainly state it,
hours reported are hours worked by Local 520 members, which
in turn are hourly wages paid to us by contractors.
The DIAAF represents downstate Operating Engineers
and the Union Contractors that employ them. Some of its
primary functions are to identify and expand on work opportunities in the construction industry, improve communication
between the union and the contractors, and to find ways we
can unilaterally combat challenges facing the construction industry in central and southern Illinois.
I have to admit when I first heard of this concept I was
skeptical of how many things we would be able to agree on.
But after just 4 months on the board, I believe the DIAAF is
going to serve as a great tool in promoting infrastructure
development and marketing the union contractors of Illinois
as the best trained and most competent to get these infrastructure projects done on time and under budget.
In closing, I would like to thank all of you for a successful
2015 work year and wish you a safe and joyful holiday season.
In Solidarity,
Mark
Happy Holidays
from the
Officers
and Staff
at Local 520
It is good to see that Local 520 has the ability to produce
these kind of hours. In 2010-2013, we experienced 206 retiring
members in that 4 year period. It is alarming to take that many
skilled, experienced operators out of our pool of referrals and
still provide the contractors with operators at the skill level required. The answer is the Local 520 J.A.T.C. The Apprenticeship
Program is doing what it was intended to do. The leadership and
common vision over the years is what has made this program
what it is today. Continued upgrading and training by operators
already in the system have played a major part to increase skill
levels of Local 520 members. A testament to that fact is the success Local 520 had on the Enbridge pipeline done by U.S. Pipeline.
It was reported that the contractor stated to the stewards on the
job how impressed they were with the numbers of highly skilled
operators provided. Pipeline contractors bring 50% of the operators by contract, and the balance is referred by local union.
In addition to manning the pipeline project, Local 520 members successfully met the needs required on power plant outages,
refinery outages, significant dirt work projects, and building two
containment cells at two locations. There were several major
building projects, new schools, hospitals and bridges.
It’s good to know after losing a significant pool of operators,
we have turned the corner, and have the ability to develop the
level of Operating Engineers needed to sustain the viability of
Local 520.
Respectfully,
Michael Parkinson
Page 5
Chad Goldschmidt,
Vern Parmley,
Financial Secretary
Brothers and Sisters,
This year has gone by quickly and the seasons change much
faster now. One reason, we are all getting older, the other is the
fast pace of life we have today. Unless you’re waiting for a crane
dispatch or a contractor that has work, it is possible that it could
rain like the spring of this year and delay work for another 5 to 6
weeks. Let’s hope this doesn’t happen to us in the spring of the
2016 work season.
However, the forecast for 2016 looks good, despite the
Governor’s agenda for next year. Let’s take a look at the 2016
proposed outlook that we have in our jurisdiction:

Howell Paving: Spring 2016. Route 127 has about 6 miles to
finish northeast of Keyesport and does most of their work in the
counties of Bond, Marion, Fayette and Clinton. I did hear Howell
Paving has several good jobs throughout next year’s work season.
RecordingCorresponding
Secretary
Brothers and Sisters,
I would like to wish you a safe and happy holiday season.
To begin, I would like to give everyone an overview of
current and future jobs in my area.

In Columbia, you’ll notice on the north end of town
there is dirt work beginning on what is to be some of
the largest office buildings in the area to date. The general contractor is Korte/Luitjohan and the dirt work is
being executed by Henke Excavating.

In Waterloo, the widening of Route 3 continues. Along
with the patching and asphalt overlay project on Route 3
from Kaskaskia Rd. to Red Bud.

The O’Fallon/Shiloh area has had an influx of new construction with the addition of a new Gander Mountain,
Memorial Hospital and St. Elizabeth’s Hospital, numerous doctor and office buildings.

In Belleville on Route 159, Hank’s Excavating has started
work on new sidewalks and curb and gutter. Haire has a
$22,000,000 storm sewer project through the middle of
Belleville that has started.

MillStone/Weber was awarded a bridge replacement job
on Route 157 over Route 161 in Caseyville to start
sometime after the first of the year.

D.A.P.L. Dakota II Access Line: This is a proposed 30 inch pipeline from Patoka to the southeast for Local’s 520 & 841 jurisdiction starting possibly this winter. I hear it will be 32 miles to
Johnsonville from Patoka. They are waiting to award the job and
the bids are in.

D.A.P.L. Dakota Access Line: This is a new pipeline owned by
Energy Transfer Partners. This project will start early spring 2016
with weather permitting. The job consists of 90 miles of
30 inch Precision Pipeline and has the Illinois work that is nearing
160 miles. Northern Clearing does have the clearing contract.

Pe-Ben U.S.A. Inc.: They have been hauling and stocking pipe
at Patoka since September and go until December from the
Granite City Rail Yard. Also, they have a stockpile yard in
Jacksonville for 70 miles of pipe. The pre-job will be early in
February or March 2016.
This will be my last Hoister article for all that read the Hoister. I am going to retire at the end of the year. I want to thank
the members for voting in our local elections every 3 years. I
also thank you for all your votes throughout the many years. I
started as a Trustee, then moved to Guard and finally as VicePresident and Financial Secretary. I also served on the Executive
Board over the years. Please never give up voting out the “Right
to Work” laws or any law against labor rights. I wish you and
your families the best of health & wealth for many, many years to
come. A Very Merry Christmas and a Happy and Prosperous
New Year!
Thank you for reading your Hoister. Work safe always.
Respectfully,
Vern Parmley
These are just a few of the projects. If anyone has any
questions about projects or concerns in my area, please do
not hesitate to call.
In Solidarity,
Chad R. Goldschmidt
Vern Parmley on 4000W Manitowoc
Granite City Lock & Dam #27
Eileen Smith standing, 2006-2007
Page 6
THE 520 HOISTER
Brothers and Sisters,
Dispatch has gone from crazy busy just a few weeks ago with the dry weather
to crazy slow with all the rain; hope to see a few more weeks of decent weather
before winter.
Please remember to go to the training site over the next few months. We all
know how important those certifications are for work.
The National Pipeline training classes started in November and are continuing
till next spring. This is a good opportunity for those qualified to be ready for future
work. Schedules can be obtained from the Hall or from the www.IUOE.org website.
If I can be of any help, feel free to contact me. I wish everyone the best through the Holiday and winter season.
Respectfully,
Steve Smith
A BIG THANK YOU to Pat and Ronna Jenne
and all those who volunteered their time
to help at the DuQuoin State Fair!
Operating Engineers Local 520
sponsored nine $50 VISA gift cards for the
daily drawings held at the labor pavilion booth.
Congratulations to all who won!
WELCOME NEW
SIGNATORY CONTRACTORS
Signature Hardscapes
Mueller Excavation, LLC
GFS Construction, LLC
Michel Concrete Construction, Inc.
MKA Contracting, LLC
Scott Clark Contracting
Happy Anniversary!
William and Ruth Vesper of Staunton, IL
65 years of marriage on December 2, 2015
Douglas and Joyce James of Collinsville, IL
55 years of marriage on December 10, 2015
Reminder: Dues Increase Effective July 1, 2015
The following monthly dues rates went into effect July 1, 2015
for Local 520 Operating Engineers:
520, 520A, 520R ................................................... $34.75
520B, 520C............................................................ $30.00
520D....................................................................... $35.00
Retirees (low dues) .............................................. $11.75
Accounts have been adjusted to reflect the recent rate change.
If you have paid Union Dues in advance, please call the Hall to
check on the amount you may owe.
J & J Concrete Pumping, Inc.
Page 7
HEALTH & WELFARE, PENSION, ANNUITY, AND VACATION TRUST FUNDS’
BENEFIT REPORT
Administrative Manager – David Glastetter
As we approach the end of the year and celebrate the holiday season, on behalf of everyone in the Fund Office, I am pleased t o have this
opportunity to wish you and your family all the best in 2016 and provide you with this update on matters relating to your Hea lth and Welfare,
Pension, Annuity, and Vacation Funds.
HEALTH & WELFARE FUND:
The Health and Welfare Fund processed 29,612 claims (28,135-Medical and 1,477-Optical) during the first ten months of 2015 and paid out benefits
totaling $8,724,230.18 ($7,489,489.18-Medical, $937,375.00-Dental, and $297,366.00-Optical) compared to $10,934,520.28 that was paid out during
the first ten months of 2014, a decrease of $2,210,290.10 or 20%.
The Managed Pharmacy program, administered by CVS/Caremark, processed 27,809 prescriptions during the first ten months of 201 5 at a cost of
$1,481,495.91 compared to 26,859 prescriptions filled during the first ten months of 2014 at a cost of $1,325,357.77, an incr ease of $156,138.14 or
11.8%. Also, the Health and Welfare Fund paid premiums totaling $1,121,860.47 to Humana during the first ten months of 2015 to provide a
Prescription Drug Plan (PDP) for Medicare-eligible retirees and widows. Please be advised, based on the results of a competitive bidding process, the
Trustees have renewed the Humana PDP for calendar year 2016.
As of September 30, 2015, the Health and Welfare Fund had total assets of $32,616,941.19, compared to $29,669,650.65 as of Se ptember 30, 2014,
an increase of $2,947,290.54 or 10% during that 12-month period. As of December 31, 2014, the Health and Welfare Fund had a Reserve Bank
liability of $10.6 million covering 583 individuals (452 Actives and 131 Retirees). As of November 1, 2015, the Health and Welfare Fund was
providing coverage to 1,400 families (780 Active, 454 Retirees, and 166 Widows) representing 3,181 individuals.
Annual Health Fair:
The 16th annual Health Fair was held on Saturday, October 24, 2015, in Highland, Illinois. Approximately 350 individuals participated in the Health
Fair, and we want to thank all of those who attended. The Trustees of the Health and Welfare Fund feel these types of blood tests, flu shots, and
health screenings can be extremely important in the prevention and early detection of potentially serious medical conditions. We want to thank the
staff and volunteers of St. Joseph’s Hospital for all of their hard work in preparing and hosting this event at the Knights of Columbus Hall in Highland.
A special thanks also to the representatives of Crown Vision, Empower Retirement Services, and Coventry Health Care for givin g up part of their
weekend to participate in our Health Fair and helping to make it a success. If you were unable to attend the Health Fair, we encourage you and your
covered dependents to take advantage of the physical exam benefit, immunizations, and various health screenings available under the Health and
Welfare Plan.
SUMMARY OF CHANGES TO THE HEALTH AND WELFARE PLAN:
Effective January 1, 2016, many contraceptive drugs and other methods of contraception will be completely covered by the Plan with no co-pay,
co-insurance, or deductible to be paid by you. However, there are some important limitations to contraceptive coverage that are outlined below.
This change is designed to comply with the provisions of the Affordable Care Act. To effectuate this change, the following modifications were made
to the SPD:
1. Under item 2 of the “Medical Benefits” section of the “Schedule of Benefits” on page 4, a new sub -item “b” is added, and the remaining sub-items
are re-lettered accordingly, reading as follows:
b. Contraceptives are covered with no participant cost sharing (e.g. deductible, co-payments, or co-insurance) when obtained from an
In-Network provider. The Plan will pay 60% of the cost of contraceptives after the Deductible when obtained from an Out -of-Network Provider. Contraceptives, from both In-Network and Out-of-Network providers, are covered with the following quantity limitations, when
prescribed by a health care provider, so long as the generic or least expensive option within a category is selected:
Sterilization surgery for women
Surgical sterilization implant for women
Implantable rod (one permitted every three years, unless otherwise medically reasonable)
IUD Copper (one permitted every ten years, unless otherwise medically reasonable)
IUD with Progestin (one permitted every five years, unless otherwise medically reasonable)
Contraceptive shot or injection (permitted every three months)
Oral contraceptives (three categories) (the combined pill, the continuous/extended pill, or the mini pill)
Contraceptive patch (up to 18 per year; three every four weeks)
Vaginal contraceptive ring (one, unless otherwise medically reasonable)
Diaphragm with spermicide (one, unless otherwise medically reasonable)
THE 520 HOISTER
Page 8
Sponge with spermicide (up to 30/month)
Cervical cap with spermicide (one, unless otherwise medically reasonable)
Female condom (up to 30/month)
Spermicide (up to one tube/month)
Emergency contraception (two categories) (Plan B, Plan B One Step, Next Choice or Ella)
In addition, a specific FDA-approved item will be provided, without cost-sharing, if the health care provider certifies that it is medically necessary for
the individual. Medical necessity may be based on severity of actual side effects, differences in permanence and reversibilit y of contraceptives, and the
provider’s determination of the individual’s ability to adhere to the appropriate use of the item or service. In the event th at there is a dispute about
whether the requested method of contraception is medically necessary, you should file a Claim for benefits (medical or pharma ceutical, as appropriate) following the process set forth in the Claims and Appeals section of the SPD. Any Claim relating to emergency contracept ion will be decided and
communicated to you within 72 hours.
2. A new item “e” is added to the “Preventive Services” subsection of the “Covered Charges” section, on page 50, and all subsequ ent items are
re-lettered, reading as follows:
e. At least one method in each of the 18 categories of contraceptives described in sub-item “b” under item 2 of the “Medical Benefits” section of
the “Schedule of Benefits” on page 4.
WORKER’S COMPENSATION MATTERS:
No benefits are payable under the Plan for any expense covered by a Worker’s Compensation Act or similar legislation or any i njury arising out of
or in the course of any employment for wage or profit. Once you file a Claim Form with the Fund Office indicating your condi tion is the result of a
work-related accident or injury, the Health & Welfare Fund will not be in a position to consider any related medical expenses. Should your Worker’s
Compensation Claim be denied, you must file an Appeal with the Industrial Commission for a final determination. If your clai m is found not to be
work-related, then the Health & Welfare Fund will be in a position to re-evaluate the submitted medical expenses.
THIRD-PARTY LIABILITY MATTERS:
The Health & Welfare Fund will be the secondary payer in those situations where the injury or illness of a covered individual (member or dependent)
is the result of a negligent or wrongful act by a third party (automobile accident, etc.) who is primarily responsible for th e payment of medical
expenses incurred by that covered individual. Once you notify the Fund Office your condition is the result of an injury or i llness caused by a liable
third party, the Health & Welfare Fund will not be in a position to consider any related medical expenses for payment until t he responsible third party
or their insurer has paid up to the maximum limit of their liability in the matter. You should promptly notify the Fund Offi ce of the name, address,
and phone number of the responsible third party, attorneys, and insurance companies involved in such matters, as well as keep ing us informed when
legal action is instituted and the progress of that legal action. The Health & Welfare Fund, at your request, will notify me dical providers that the Fund
will be in a position to process all eligible claims in accordance with Plan Provisions after the maximum amount has been pai d by the liable third party.
PENSION FUND:
As of September 30, 2015, the Pension Fund had total assets of $178,082,912.86 compared to
$173,557,771.54 as of September 30, 2014, an increase of $4,525,141.32 or 2.6% during that
12-month period. The Pension Fund is currently paying benefits to 860 Retirees or their
surviving beneficiaries, such payments totaling $10.275 million during the first ten months of
2015 or slightly more than $1 million per month at the present time. Thus far during 2015
we’ve had 21 members retire, after having had 21 members retire during 2014.
If you plan to retire in the near future, you may want to contact me to request a draft of your Pension Quotation detailing t he various benefit options
that will be available to you at the time of your retirement. When you file your Application for Pension Benefits, you will need to provide a copy of
your Birth Certificate, your spouse’s Birth Certificate and a copy of your Marriage License, if applicable, in order for us t o process your retirement
papers. Once you make your benefit selection and begin receiving payments, you are not permitted to change your pension opti on. Pension payments are made on the first day of each month, for that month, either by Direct Deposit or check. Currently 78% of the pensi on payments are being
made by Direct Deposit, which reduces the amount of clerical work and eliminates concerns about timely mail delivery. We have had situations
whereby pension checks were either delayed in mail delivery by one to two weeks or lost altogether by the Post Office, which results in extra cost to
the Pension Fund and inconvenience to those retirees and widows that are expecting their check to arrive on or about the first of the month. Needless to say, many individuals have switched to Direct Deposit after experiencing such a delay in receipt of their pension payment. If you need a Direct
Deposit Authorization form to initiate direct deposit or notify us of a change in your bank account information, please conta ct the Fund Office. If you
need information about Social Security benefits, the 2015 Guide to Social Security is available in the Fund Office or can be mailed to you if requested.
ANNUITY FUND:
As of September 30, 2015, the Market Value of Plan assets was $125,648,409.47 compared to $129,466,092.43 as of September 30, 2014, a decrease
of $3.8 million or 3%, due to wide fluctuations in the stock market. We have listed below the 1 -year, 5-year, and 10-year average returns for the
Page 9
period ending September 30, 2015, and the year-to-date return for the 9-month period ending September 30, 2015, for the 23 Mutual Fund and one
Stable Value Fund (Federated Capital Preservation IP) selections that are currently available to you under the Daily Valuation Investment Program:
1-Year
Return
Fund Name
5-Year Average
Return
10-Year/Since
Inception
Avg. Return
Year-to-Date
Return
as of 9/30/15
Distribution of
Investments
Federated Capital Preservation (Y)
.99%
N/A
2.84%
.83%
24.3%
Federated U.S. Gov’t: 2-5 Years (Svc.)
.32%
.51%
3.10%
.49%
2.4%
2.38%
2.22%
4.76%
1.85%
1.1%
.55%
3.70%
5.19%
.32%
2.1%
Dodge & Cox Balanced
1.14%
11.16%
6.36%
-.52%
3.9%
Vanguard Small Cap Index (Admiral Shares)
1.01%
13.33%
8.70%
-1.22%
<.1%
Vanguard 500 Index (Admiral Shares)
5.18%
14.29%
7.84%
2.68%
3.6%
.92%
13.81%
6.53%
-1.41%
5.2%
1.33%
13.68%
8.76%
1.81%
1.0%
11.66%
15.57%
11.02%
7.53%
5.5%
Fidelity Low-Priced Stock
3.67%
13.22%
9.30%
1.73%
4.0%
Fidelity Diversified International
3.29%
6.35%
4.83%
4.70%
2.6%
Manning & Napier Target — Income
-1.26%
4.41%
4.81%
-.87%
<.1%
Manning & Napier Target — 2015
-1.55%
N/A
6.06%
-1.47%
<.1%
Manning & Napier Target — 2020
-1.65%
6.40%
4.33%
-1.58%
.2%
Manning & Napier Target — 2025
-1.70%
N/A
7.78%
-1.77%
<.1%
Manning & Napier Target —2030
-1.60%
7.62%
4.24%
-2.00%
.2%
Manning & Napier Target —2035
-1.56%
N/A
9.17%
-2.14%
<.1%
Manning & Napier Target —2040
-1.42%
7.74%
3.98%
-2.25%
.1%
Manning & Napier Target —2045
-1.36%
N/A
10.27%
-2.35%
.3%
Manning & Napier Target —2050
-1.33%
8.04%
4.13%
-2.36%
<.1%
Manning & Napier Target —2055
-1.35%
N/A
9.28%
-2.38%
<.1%
-.18%
8.90%
7.00%
.69%
43.3%
T. Rowe Price U.S. Treasury Intermediate
Dodge & Cox Income
Dodge & Cox Stock
Fidelity Focused Stock
T. Rowe Price Mid-Cap Growth
Buffalo Flexible Income Fund *
* Default Fund
Designation of Beneficiary:
With the transition to Great West Retirement Services (now Empower Retirement Services) on October 1, 2012, it became necessa ry to complete
and file new Designation of Beneficiary information, since that information was not transferred by the previous record -keeper. You can file your
Beneficiary Designation on the Empower website at www.oe520annuity.com or you can obtain a paper form from Empower or the Fund Office, which
should be completed and returned as soon as possible if you have not already done so.
The following new investment options will be automatically added to your Plan on December 7, 2015 as indicated below:
New Investment Option
Asset Category
DFA Short-Term Government Fund
Short-Term Government
Vanguard Total Stock Market Index Fund
All Cap Equity
Vanguard Intermediate-Term Bond Index I
Intermediate-Term Bond
Manning & Napier Ret Tgt 2060 Coll Inv I
Asset Allocation
THE 520 HOISTER
Page 10
Effective December 7, 2015, the Federated US Government 2-5 Year Fund will be discontinued and a process called “mapping” will occur.
Mapping is a process by which the balance in a discontinued investment option is transferred to a new investment option. Afte r market close on
December 7, no participant transactions will be allowed until the morning of December 8. During this time, contribution allocations and existing
account balances in the Federated US Government 2-5 Year Fund will be directed, or mapped, to the DFA Short-Term Government Fund (DFFGX).
During the mapping process, your assets will remain invested and will continue to gain and/or lose value depending on market conditions.
The Buffalo Flexible Income Fund is the current qualified default investment alternative (QDIA), and one of the balanced fund options in your Annuity
Fund. This Fund is the portfolio where all participant contributions are automatically invested (defaulted) unless you have chosen to invest in other
platform options. Many fund participants have not elected to direct/invest their accounts into other fund choices; as a resul t, many of our participants
are defaulted to this mutual fund.
ICS, our investment consultant, has informed the Board of Trustees that the Buffalo Flexible Income Fund has changed from its initial allocation as a
“moderate balanced fund” when they were selected, to one with a higher allocation to equities and lower cash weights, becomin g more aggressive in
its positioning. As a result of this change by the mutual fund company, ICS recommends that the Buffalo Fund be replaced as t he QDIA with a blend
of Vanguard index funds. By blending the two funds, the Board can control the allocation going forward to ensure it adheres t o the conservative
positioning they are most comfortable with.
In addition to allowing the Board of Trustees to have control over the asset allocation of the fund, the fees for the Vanguar d Balanced QDIA are
lower than the current QDIA: the blended expense ratio of the Vanguard custom balanced portfolio will average 0.06%, while th e expense ratio of
the Buffalo Flexible Income Fund is currently 0.62% after reimbursements. A lower cost to you positively affects the growth of your assets over time.
Effective close of business January 5, 2016, defaulted assets of the Buffalo Flexible Income Fund (BUFBX), will be moved to a new balanced account,
the Vanguard Custom Balanced Portfolio, 40/60. The new Vanguard Custom Balanced Portfolio will be composed of 40% Vanguard Total Stock
Market Index and 60% Vanguard Intermediate-Term Bond Index. If you have not elected to invest in the Buffalo Flexible Income Fund and take no
action before December 5, your current allocation to the Buffalo Flexible Income Fund will be automatically changed to the new Vanguard Custom
Balanced Portfolio. If you want to retain any or all of your current defaulted allocation to the Buffalo Fund, you will need to affirmatively elect that
option by December 5. Please note, if you have already elected your investment into the Buffalo Flexible Income Fund, your balance and future
investment election will not change.
If you are unsure if your investment into the Buffalo Flexible Income Fund is defaulted due to no active investment elections or if you wish for your
default investment to remain in the Buffalo Flexible Income Fund, you must contact Empower Retirement’s KeyTalk at (855) 4 -OEL520 ((855) 4635520). For information on how to make changes, please review the KeyTalk and website instructions below:
Website Instructions
KeyTalk Instructions
To make changes online, access the website at —
www.empower-retirement.com/participant .
You will need your Username and Passcode to access your account and make changes.
Click on the Transactions tile.
Then, click on Change Future Investments to change your upcoming contributions.
Call KeyTalk at (855) 4-OEL520 ((855 463-5520).
You will be prompted to enter your Social Security
number and PIN to access your account.
KeyTalk will allow you to redirect future contributions to one or more of the existing options or
transfer money among investment options.
Or click on Transfer My Investments to transfer money among investment options.
VACATION FUND:
The 2015 annual Vacation benefit check was mailed to 1,694 participants during mid-November 2015. Your Vacation benefit amount was determined by the number of hours reported and paid by contributing employers for the work period October 2014 through September 2 015. If you
worked for an employer that was delinquent in the payment of fringe benefits for any month(s) during that period, you will
receive an adjustment vacation check when the Fund Office collects those deductions from that employer.
MISCELLANEOUS INFORMATION:
A copy of your work history for the period October 2014 through September 2015, detailing those hours reported on your
behalf by contributing employers, was mailed to all participants during November 2015. Since your Health & Welfare eligibili ty
and level of Annuity, Vacation, and Pension benefits directly relate to the number of hours worked, we ask that you carefully review the quarterly
work history reports and notify the Fund Office of any discrepancies as soon as possible. It is very important that you keep your check stubs as it
may become necessary to use them to verify the number of hours that you worked for a particular employer. Also the quarterly Health & Welfare
eligibility letters were mailed during the first week of November 2015 for the coverage period December 2015 through February 2016.
As always, we ask that you notify the Fund Office of any changes in your mailing address, phone number, marital status, benef iciary status, etc. If you
have any questions about your fringe benefits, please let us know. The Fund Office is open from 7:00 a.m. – 4:00 p.m. Monday through Friday to
assist you and your dependents in whatever way possible.
Page 11
H AP P Y
R E TI R E M E N T
D OL OR E S ! ! !
As many of you already know, Dolores Young
retired on November 1, 2015, after working in
the Fund Office for 25 years, the last 20 of which
she served as the Claims Manager for the Health &
Welfare Fund. It was my good fortune to work with Dolores for the
past 20 years and I have never seen a more dedicated or harderworking individual, and I’m sure everyone who worked with her over
the years would make that same statement. While we will certainly
miss working with Dolores, we extend our best wishes to her for a
long and happy retirement that is well deserved.
Rhonda Bauer assumed the position of Claims Manager effective
November 1, 2015, after serving as a claims processor in the Fund
Office for the past 16 years. We wish Rhonda all
the best in her new position and have every
confidence that she will do an outstanding job for
the Fund and its participants.
TRAINING DEPARTMENT
Brothers and Sisters:
Well it’s that time of year again to get signed up for your classes whether it’s refresher or initial. If you haven’t
signed up for your classes you need to do it as soon as possible because classes are filling up fast. As always the forklift
refresher and initial classes in November are coming and going with no one signing up. We only have so many of
these classes so get signed up so you don’t lose your forklift card. When you attend your classes make sure and
bring your old cards that you are refreshing so we can put your sticker on the back or give you a new card. Also, if
you have renewed a certification, such as CDL or CCO, please update your file with J.A.T.C.
We are again offering the 30 hour OSHA this winter which we hope will make everyone more employable.
Last year we had a few contractors that required OSHA 30 and we wanted our people to man these jobs so we put
together a 30 hour class. If you were not able to make it last year it could be something you might be interested in.
This class is required of superintendents and foreman but could be very beneficial to have, if the contractor would be
required to use OSHA 30 trained people. Another class we will again offer this year is the INITIAL for MSHA. We had
some good MSHA required jobs this summer at a couple of coal mines. If you don’t have MSHA this would be another
good class to sign up for.
We have added a couple pieces of equipment to the training facility within the last month. One of our very highly
regarded signatory asphalt contractors has donated an asphalt spreader for us to give training on. We will be teaching how to operate and
lay asphalt, what you have to know to run the back end of the paver, and also how to properly roll the asphalt behind the paver. We will be
using rock through the paver but it will work fine for training. Also we have purchased a Grove RT530E-2 cherry picker that will give us
the ability to teach how to set up and level the machine, setting up the computer-to be able to pick and carry loads, jib configuration, and
outrigger configuration. We will also train on the proper way to install and remove the jib. We will either implement this in our 80 hour
crane class or if there is enough interest we will hold additional classes for those interested.
We have had 1 apprentice graduate from the program this past October meeting. Congratulations to Rickie Laird for completing the
apprenticeship program and I hope you have a long and successful career as an Operating Engineer.
Bring your union card to the training department with you and make sure your dues are paid for the month you are
using the facility.
We had a relatively good fall but we all know what is around the corner after fall season. Hopefully winter
won’t be too terribly bad but when it does get here watch out for the cold and freezing temperatures. Be careful
driving to and from work and also be extra safe as the cold always presents a lot more unsafe conditions on the
job site.
In closing I want to wish everyone a Merry Christmas and Happy New Year.
Respectfully,
Rick Cicardi
Administrator / Coordinator
JATC Local 520
T RAINING IS THE K EY
TO O U R F U T U R E !
Rickie Laird
THE 520 HOISTER
Page 12
2015 PIN PRESENTATION
25 YEARS:
Seated left to right: Bus. Mgr. Ron Kaempfe, Bob Howard,
John Esker, Randy Orr; Standing left to right: Noble Helfer,
Dennis Kaiser, Bob Caldieraro, Kevin Mueth, Charlie Milam
35 YEARS:
Seated left to right: Steve Whelan, Wayne Korando, Lance Miller;
Standing left to right; Bus. Mgr. Ron Kaempfe, Victor Klein,
Rick Cicardi, Bob Rowling, Gerald Harvell
45 YEARS:
Seated left to right: Pat Jenne, Robert Bechtoldt, Dave Meyer,
Denny Kee, Joseph Rieso, Victor Lorusso, Ralph Glaus, Mike Peppenhorst;
Standing left to right; Bus. Mgr. Ron Kaempfe, Russel Frazier,
Robert Lienemann, Don Barkau, Joe Phelps, Carl Berry, Ed Holthause,
Darrell Keith
30 YEARS:
Seated left to right: Bus. Mgr. Ron Kaempfe, Gary Titsworth,
Jeff Brown, Keith Francis; Standing left to right: Jim Palovick,
Don Biffar, Clyde Lurkins, Stephen Nelson, Mike Sanders
40 YEARS:
Left to right: Bruce Buatte, Bus. Mgr. Ron Kaempfe,
Terry Hime
50 YEARS:
Standing left to right: Bill Schroeder, Jimmie Kinnard,
H. Scott Raitt, Del Thomas, Rich Kaiser,
Bus. Mgr. Ron Kaempfe
Page 13
55 YEARS:
Seated left to right: Glenn Towler, Harry Bond,
Melvin Allscheid, John Tevebaugh;
Standing: Bus. Mgr. Ron Kaempfe
60 YEARS:
Left to right: Wayne Cripps, Leo Buehrer,
Donald Burns, Bus. Mgr. Ron Kaempfe
NEW MEMBERS
August 2015
Left to right: Kelly Brown, Conductor, Chad Moll, Bilejo Henson,
David Herschl, Andrew Slifka
RETIREE
October 2015
Kelly Brown, Conductor and Steven Barton
November 2015
Jim Palovick — 30 years
Page 14
THE 520 HOISTER
2015 LABOR DAY PARADE AND FISH STAND
We’d like to thank all members and their families who walked with us in the Belleville Labor Day Parade.
And, a BIG THANK YOU to those who helped out with the fish stand! It was a successful day and your support is greatly appreciated!
Page 15
ATTENTION LOCAL 520 MEMBERS
Please contact the Union Hall or any agent in the event of an illness or death of any
member or any member of their family.
Please make sure that the Union Hall, Health & Welfare Fund Office and Training
Department have your correct address, phone numbers and beneficiaries on file.
DO YOU HAVE OLD PHOTOS ?
NOTICE
We may include them in an issue of
The Hoister!
Please contact the office or email:
edeterman@iuoelocal520.com
Local 520 will not be accepting new
referral applications until further notice.
Next Referral Re-registration date:
Monday, January 4th
REMINDERS
MONTHLY CARD CHECK
Please make sure you have
your card with you and that
your dues are paid up when you come to the
union meetings.
A late charge of $1.50 will be added to
dues if received after the second Friday of the
month. If you are mailing in your dues,
please keep this in mind.
IUOE WEBSITE
Visit www.iuoe.org for information regarding the International Union of
Operating Engineers and the latest in labor news. Also visit
www.oe520.org/news.deceased.php to stay informed of member deaths.
LOCAL 520 CONTACT INFORMATION
www.oe520.org
Operating Engineers Local 520
520 Engineer Road
Granite City, IL 62040
618-931-0500
Health and Welfare Office
8 Executive Woods Court
Swansea, IL 62226
618-233-7978
Training Department
J.A.T.C. Operating Engineers Local 520
1969 Triad Road
St Jacob, IL 62281
618-644-1969 and 644-JATC (5282)
Office Hours - 7:00 A.M. to 4:00 P.M.
Office Hours - 7:00 A.M. to 4:00 P.M.
Office Hours - 7:00 A.M. to 4:00 P.M.
NONPROFIT ORG
PRSRT STD
U.S. POSTAGE PAID
EDWARDSVILLE, IL
PERMIT NO. 88
Operating Engineers Local 520
520 Engineer Road
Granite City, IL 62040
618-931-0500
IUOE Local 520
Officers
Business Manager .................................... Ron Kaempfe
President ..................................................... Mark Johnson
Vice-President................................................ Steve Smith
Recording-Corresponding
Secretary ..................................... Chad Goldschmidt
Financial Secretary .....................................Vern Parmley
Treasurer ................................................. Mike Parkinson
Conductor ..................................... David “Kelly” Brown
Guard ............................................................. Rick Cicardi
Trustee ............................................................ Jim Stevens
Trustee ...................................................... Don Robinson
Trustee ...................................... Raymond “Alex” Burris
Auditor .................................................. Bryan Anderson
Auditor .................................................. Christy Hopkins
Auditor ................................................ William Schlueter
CHANGE SERVICE REQUESTED
Retirees
Gerald Bathon
Mark McDonald
Terry Wray
David Awalt
Henry Hurst
Robert Dunihoo
Charles Bishop
Dennis Hammond
R. L. Eggemeyer
John Munie
Ronald Howlett
Jerry Bohnenstiehl
Ron Morales
Clyde Wayne
Robert Young
Joe Bievenue
Jeff Kibort
Mark Weinel
Ronald Place
Daniel Brown
Steve Whelan
Don Hansen
Jerry Phillips
Richard Braun
Dolores Young
Paul Knop
Jim Palovick
07/01/2014
07/01/2014
07/01/2014
09/01/2014
10/01/2014
10/01/2014
12/01/2014
01/01/2015
01/01/2015
01/01/2015
01/01/2015
03/01/2015
03/01/2015
04/01/2015
04/01/2015
05/01/2015
05/01/2015
07/01/2015
07/01/2015
07/01/2015
07/01/2015
08/01/2015
10/01/2015
10/01/2015
11/01/2015
11/01/2015
11/01/2015
Obituaries
We extend our condolences to the families of:
Raymond Taubig
06/01/2015
Agnes Hillmer (William) 06/07/2015
Morris Snead
06/08/2015
Richard Kennedy
06/11/2015
Marcella Bronke (Theodore) 06/12/2015
Mary Chitwood
06/15/2015
Mark Krummel
06/19/2015
Helen Kaganich (James) 06/26/2015
Harold W. Gibson
06/29/2015
Wuanita Cohlmeyer (Jack) 06/29/2015
Jane McFeron (Charles) 07/07/2015
Christian Young
07/13/2015
Richard Bayer
07/21/2015
Sharon Anderson (William) 07/22/2015
Judith Hemken (Leslie) 07/28/2015
Eric Simmonds
08/02/2015
Butch Bullock
08/10/2015
Joyce Burgess (R. Rowling) 08/10/2015
Odelia Kempfer
08/18/2015
Sono Dunahee (Ken)
08/23/2015
Dale Nicol
09/04/2015
Billie Hasty, Jr.
09/07/2015
Vernon Matlack
09/23/2015
Sidney Williams
10/15/2015
Frieda Hartman (Rudy, Sr.) 10/22/2015
Charles Casey
11/03/2015
Robert Brown
11/05/2015
Kenneth Lutes
11/08/2015