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Causes: Voluntary Employees Beneficiary Associations (Non-Government)
Mission: This irrevocable trust is established for the purpose of holding assets in trust in accordance with section 403 of erisa, pending the payment of semco non-union retiree medical benefits. No portion of the trust fund may be used other than in the sole and exclusive interest of participants, whose eligibility to participate results from employment as a semco michigan non-union employee. The immediately preceding sentence shall not be construed to limit the trustee's ability to pay taxes and administrative expenses from the trust fund.
Programs: Funding of trust to pay future medical benefits for semco non-union retirees and their dependents
semco non-union retiree medical claims