Welcome to TEIBAS’s The Wire. This blog is a one-stop shop for you, our members, whether you want more information on your pension and/or benefit plans, you’re looking to explore retirement planning tools, or want to keep up with TEIBAS — this blog is for you! As members of IBEW Local 353 you are enrolled in the IBEW Local 353 Pension and Benefits Plans. Here at TEIBAS, we administer those plans. We are a small organization with a dedicated and caring team that strives for excellence in delivering the best member experience possible.
Specialty Prescription Drugs — What you need to know
The Trustees are committed to effectively managing our drug plan while ensuring members and their families receive the care they need. Since 2005, the IBEW Local 353 Benefits Plan has required Pre-Approval (also known as Prior Authorization or PA) for…
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Teladoc
Teladoc Health Canada is a confidential service offered to you and your eligible dependants through your IBEW Local 353 benefit plan. As part of your coverage, you have access to a wide range of medical services, including: second medical opinions,…
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Understanding Canadian Pension Plan CPP and Old Age Security
The Canada Pension Plan (CPP) and Old Age Security (OAS) are two key components of Canada’s public retirement income system. They are designed to provide financial support to Canadians in retirement, although they are different in purpose, eligibility, and funding….
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Saving For Your Future
Saving for your future is an essential step towards achieving financial security and independence. Whether you’re planning to buy a home, retire comfortably, or build an emergency fund, there are a variety of savings tools to help you reach your…
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TEIBAS Wellness Fair — Protecting Your Future
Circle the date in your calendars for Saturday, September 27th from 9:00 a.m. to 1:00 p.m. for our next Wellness Fair. We’re back again at the IBEW Local 353 South Union Hall. Will you be there? Our Wellness Fair is…
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Clear Estate – New Offer from Canada Life
Estate planning helps ensure that all your final wishes are carried out upon your death. Part of estate planning is preparing a will that allows the transfer your property and money to specific people, or charities, after your death. Every…
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Fraud Prevention Month – Come to our Scam Awareness Webinar
March is Fraud Prevention Month. Learning how to identify fraud, scams and tax schemes helps keep your personal information safe. TEIBAS in partnership with the Canada Revenue Agency (CRA) is hosting a lunch and learn on Scam Awareness on Wednesday,…
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Mark Your Calendars for Pension Awareness Day!
Take out your pens and circle Thursday, February 20th on your calendar for Ontario’s Pension Awareness Day! Here at TEIBAS we always say it’s never too early to plan for retirement. Understanding your pension plan is key to having a…
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Managing Your Money & Debt
Managing your money isn’t just about investing or saving for retirement — it’s so much more than that. Whether you’re saving for a car, a house down payment, or planning to pay off your debt, managing your money is thinking…
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End of Year Checklist
As the year draws to a close, it’s a natural time to reflect on 2024 and plan for 2025. The end of the year provides on opportunity to review your goals and set new ones for the new year. The…
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