United Furniture Workers Of America Local 262

The United Furniture Workers Insurance Fund (UFW Insurance Fund) is a dedicated benefit provider for members of the United Furniture Workers (UFW) union. Committed to providing comprehensive and affordable health coverage, the Fund leverages its collective bargaining power to secure access to one of the largest PPO networks in the country. This vast network translates to substantial savings for both members and the Fund, ensuring high-quality healthcare at competitive rates. The Fund goes beyond basic medical coverage, offering a range of benefit packages tailored to the specific needs of UFW members. These packages encompass essential healthcare components such as office visit co-payments, major medical benefits that include out-of-pocket maximums to shield members during unforeseen medical emergencies, and co-payments for prescription drug charges. Recognizing the importance of comprehensive wellness, the Fund provides free access to a personal Wellness Portal for all members. This valuable online resource empowers individuals to take a proactive approach to their health by identifying potential risks and implementing strategies for prevention and well-being.

Furthermore, members can access free medications for various conditions, including diabetes, high blood pressure, cardiovascular disease, and high cholesterol. The Fund offers a mail-order service for a selection of generic medications, eliminating the financial burden associated with these essential treatments.

The UFW Pension Fund

The UFW Pension Fund stands as a testament to the commitment of the United Furniture Workers to secure the financial well-being of its members for years to come. As a multi-employer defined benefit pension plan, the Fund provides a stable and reliable source of monthly pension payments to eligible UFW/CWA members throughout the country. The longevity and integrity of the pension payments are ensured by the Fund's vesting structure. Once a member becomes vested, their participation in the Fund guarantees a lifelong stream of monthly pension payments, providing a solid foundation for their retirement years. Established in 1962 and governed by the Employee Retirement Income Security Act of 1974 (ERISA), the Fund operates under the watchful eye of a bipartisan Board of Trustees.

This Board, composed of representatives from both the union and the employer sides, ensures a balanced and responsible approach to managing the Fund's assets and safeguarding the interests of its participants. The UFW Pension Fund stands as a beacon of stability and security in a rapidly changing economic landscape. It embodies the unwavering commitment of the UFW to uphold the financial well-being of its members, both during their working years and beyond.