Pacific Maritime Association

ILWU-PMA Welfare Plan The ILWU-PMA Welfare Plan provides health care and related benefits to qualified actives and retirees and their qualified dependents and survivors. The Plan is administered by the Board of Trustees, which is comprised of an equal number of union and employer appointed Trustees. For health coverage, registrants and retirees (and their eligible dependents) generally have a choice between an HMO plan and a self-insured PPO plan. As long as participants utilize in-network providers, both plans pay 100% of the cost of covered services with no out-of- pocket costs. The PPO plan also covers basic hospital, medical and surgical benefits at 100% of scheduled limits for out-of-network services, followed by a $100 single or up to $300 family deductible and up to 80% of the Maximum Allowable Charge, subject to a family out-of-pocket maximum of $1,000. Both the HMO and the PPO provide prescription drug coverage with no copay for HMO and $1 copay for PPO. In addition to health coverage, the ILWU-PMA Welfare Plan also provides the following benefits: • Dental benefit (100% for children and 80% for adults), including dental implants; • Vision benefit ($300 allowance for frames every 24 months / elective contact lenses every 12 months); • Alcoholism/Drug Recovery Program (paid at 100% for the first episode of substance use disorder treatment); • Subsequent Artificial Limbs and Eyes Benefit covering lost or damaged prostheses; • Disability benefits covering up to $1,250 per week for up to 52 weeks; • Life insurance and AD&D ; • Hearing Aids; • Blood Sugar Monitors; • Social Security Supplementation Benefit for Pensioners. Plan Funding The plan is primarily funded by PMA through employer assessments on payroll hours and tonnage. In addition, registered employees make contributions to the Plan as a defined percentage of wages at a rate that is set by the Trustees. Tenure of the Agreement The Plan runs concurrently with the 2014-2022 Pacific Coast Longshore and Clerk's Agreement. Unless provided to the contrary, extension or renewal of the Pacific Coast Longshore and Clerk's Agreement extends the Plan, and the Plan remains in effect for the period of the extension or renewal. If the Plan were to be terminated, the remaining assets of the Plan would be used for payment of benefits until the assets were exhausted. Eligibility for ILWU-PMA Welfare Plan Benefits The ILWU-PMA Welfare Plan generally covers the following individuals and their qualified dependent spouses and children: • New Registrants: Covered by the HMO programs (if available) for the first 24 months of registration. • Active Registrants: Requires a minimum of 800 hours credited in the preceding payroll year, or a minimum of 400 hours credited in the last half of the preceding payroll year. • Pensioners: Most Welfare Plan participants who become pensioners including disability pensioners, have Welfare Plan eligibility beginning on the day they become pensioners. • Surviving Spouses and Children of Active Registrants: The dependent spouse or child of a deceased eligible active registrant has Welfare Plan eligibility. Welfare Plan eligibility ends when the surviving dependent spouse remarries, or if the active registrant had fewer than five years of vested service under either the ILWU-PMA Pension Plan or the ILWU-PMA Watchmen Pension Plan, four years immediately following the registrant's death. • Surviving Spouses and Children of Pensioners: A surviving spouse or child receiving a survivor pension has Welfare Plan eligibility provided that the pension is claimed through a Pensioner who had Welfare Plan eligibility upon death or through an active participant who would have This table shows the number of longshore, clerk and foreman retirees by calendar year. Normal includes those retiring at or after age 65, normal retirement age; Early, those retiring at ages 55-64; and Disability, those retiring on a disability pension. RETIREES BY YEAR Year Normal Early Disability Total 2013 138 122 49 309 2014 172 76 42 290 2015 172 79 55 306 2016 181 93 63 337 2017 201 103 60 364 2018 198 110 46 354 2019 199 178 51 428 2020 262 146 37 445 2021 189 108 35 332 2022 224 45 30 299 ILWU-PMA WELFARE PLAN BENEFITS COSTS PER ACTIVE REGISTRANT Fiscal Years 2002-2022 01/02 06/07 11/12 16/17 21/22 $0 $10,000 $20,000 $30,000 Benets Costs per Registrant $40,000 $50,000 $60,000 Total Welfare Plan benefits costs—for the active registered work force and dependents and for retirees and covered dependents—for each fiscal year are divided by the count of active registrants at the end of the previous payroll year (mid- point of the fiscal year). For example, costs for 2021/2022 are divided by the count of active registrants at the end of 2021. I N D U S T R Y B E N E F I T S 40 40 2022 ANNUAL REPORT

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