Electric Power Bd Chattanooga Post Retiremnt Hlth Wlfre Bfts Pl Tr Ua

Reimbursement of medicare part b insurance: epb will reimburse qualified retirees and/or spouses a percentage of the costs deducted from social security payments each month for medicare part b. The reimbursement percentage is the same percentage used for monthly health insurance premiums. Epb's medicare part b reimbursement is paid immediately upon retirement for those qualified employees. The number of persons benefiting under this program during the 2023-2024 fiscal year was 205 retired employees and 134 spouses. The total amount of benefits paid under this program was $586,714.

Life insurance benefits: the number of employees benefiting under this program is 1003. The amount of benefits paid under this program was $5,000.