Overview
What is Veba For Retirees Of Kaiser Aluminum?
Veba For Retirees of Kaiser Aluminum is a trust-based nonprofit organization based in Pittsburgh, Pennsylvania. It provides health benefits to current and future retirees of Kaiser Aluminum following their employment in certain USW and IAM represented bargaining units. The organization offers prescription drug benefits to eligible Medicare-eligible participants, their beneficiaries, and covered dependents. Eligible participants receive Medicare Part B reimbursements based on a fixed monthly rate from the plan. Veba also established a healthcare premium reimbursement program that provides reimbursement for premiums paid by enrolled participants for various qualified medical, prescription, dental, and vision benefits.
Is Veba For Retirees Of Kaiser Aluminum legitimate?
Veba For Retirees Of Kaiser Aluminum is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba For Retirees Of Kaiser Aluminum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Veba For Retirees Of Kaiser Aluminum
Veba For Retirees of Kaiser Aluminum, a trust fund, is dedicated to delivering specific health benefits to current and future retirees of Kaiser Aluminum. These retirees have previously been employed in certain USW and IAM represented bargaining units.
The primary objective of Veba For Retirees of Kaiser Aluminum is to ensure that eligible retirees, their beneficiaries, and covered dependents receive Medicare Part B reimbursements based on a fixed monthly rate from the plan. The fund goes beyond this by providing a Healthcare Premium Reimbursement Program to help enrolled participants with the costs of various qualified medical, prescription, dental, and vision benefits.
Veba For Retirees of Kaiser Aluminum plays a significant role in the health and wellbeing of its retirees by offering prescription drug benefits to Medicare-eligible participants. This comprehensive coverage not only enhances the retirees' quality of life but also provides them with peace of mind as they transition into retirement. The fund's commitment to its mission is unwavering, enabling it to create a safer and more secure future for its retirees.
Impact
This information is meant to be a general summary of Veba For Retirees Of Kaiser Aluminum. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Veba For Retirees Of Kaiser Aluminum plays a crucial role in providing essential health benefits to current and future Kaiser retirees who were employed in specific USW and IAM represented bargaining units. The fund operates as a trust, offering prescription drug benefits to Medicare-eligible participants, their beneficiaries, and covered dependents. Additionally, eligible participants receive Medicare Part B reimbursements based on a predetermined monthly rate from the plan. The organization has also set up a healthcare premium reimbursement program that covers premiums for various qualified medical, prescription, dental, and vision benefits. Through its mission as a mutual benefit entity, Veba For Retirees Of Kaiser Aluminum significantly impacts the lives of retirees by ensuring access to necessary healthcare services and support.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2004
Phone
(412) 201-2242
Principal Officer
Thomas F Duzak
Main Address
60 BLVD OF THE ALLIES 5TH FL, PITTSBURGH, PA, 15222
NTEE Category
Code: Y43 - Mutual benefit
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