The Trust Funds
The Alaska Electrical Trust Funds (AETF) is a family four Taft-Hartley multiemployer plans. AETF provides health & welfare, pension, retirement savings/401(k) and legal benefits to International Brotherhood of Electrical Workers (IBEW) Local 1547 members working for over 150 participating employers in the electrical, telecommunications and related industries, including employers affiliated with the National Electrical Contractors Association (NECA) Alaska Chapter.
Alaska Electrical Health & Welfare Fund
The Alaska Electrical Health and Welfare Fund provides comprehensive coverage, including medical, dental, vision, life, and disability benefits, to active and retired members.
The Health & Welfare Fund is financed by contributions made by employers as specified in their Labor Agreements with Local 1547 and other special agreements.
Over time, the Fund has adapted to the changing needs of our membership, adding new programs & services, and providing some of the most competitive coverage in Alaska.
| Management Trustees | Labor Trustees |
|---|---|
| Larry Bell (Co-Chair) Alaska Chapter, NECA 712 West 36th Avenue Anchorage, AK 99503 |
Pamela Cline IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
| Alan Growden Sturgeon Electric Company 1301 E 64th Avenue Anchorage, AK 99518 |
Naomi Hewitt IBEW LU No. 1547 2000 Airport Way Fairbanks, AK 99701 |
| Paul Lantz Alcan Electric P.O. Box 91499 Anchorage, AK 99509 |
Diana Ruhl IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
| Nathan Maki Lineworks LLC P.O. Box 201146 Anchorage, AK 99520 |
Matthew Rumery IBEW LU No.1547 813 W 12th Street Juneau, AK 99801 |
| Elliot Marlow Endeavor Electric 3560 W 74th Avenue Anchorage, AK 99520 |
Doug Tansy (Co-chair) IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
Alaska Electrical Pension & Retirement Savings Fund
Since 1968, when the IBEW Local 1547 members voted in the pension plan, the Pension Fund has grown to a total membership of approximately 7,800. The growth and financial stability of the Pension Trust have given us the opportunity to make plan improvements over the years to benefit members.
The Trustees introduced the Retirement Savings Plan in 1980 to complement the Pension Plan. Originally established as a money purchase pension plan, the Retirement Savings Plan converted to a defined contribution 401(k) plan in 2020. In addition to negotiated employer contributions, participants can save toward their own retirement through voluntary pre-tax and after-tax contributions. The Retirement Savings Plan offers a variety of investment options, allowing participants to choose investments from a portfolio of professionally managed investment funds.
The Pension and Retirement Savings Plan are funded by participating employers who are required to make monthly contributions for each participant according to the collective bargaining agreement with IBEW Local Union 1547 or special agreement.
| Management Trustees | Labor Trustees |
|---|---|
| Larry Bell Alaska Chapter, NECA 712 West 36th Avenue Anchorage, AK 99503 |
Vince Beltrami PO Box 569 Cooper Landing, AK 99572 |
| Lael Fullford Fullford Electric Inc 303 E Van Horn Road Fairbanks, AK 99701 |
James Carr IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
| Jesse Hale Alcan Electric PO Box 91499 Anchorage, AK 99509 |
Julius Matthew Fullford Line Constructors 303 E Van Horn Road Fairbanks, AK 99701 |
| Sherri Highers Chugach Electric 5601 Electron Drive Anchorage, AK 99518 |
Jay Rhodes IBEW LU No. 1547 317 Stedman Ketchikan, AK 99901 |
| Brea Schmidt Alaska Communications Systems 600 Telephone Avenue Anchorage, AK 99503 |
Doug Tansy IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
| James Zehnder Northern Powerline Constructors 301 W. Northern Lights Blvd, Suite 300 Anchorage, AK 99503 |
Jesse Young IBEW LU No. 1547 813 W 12th St Juneau, AK 99801 |
Alaska Electrical Legal Fund
The Trustees of the Alaska Electrical Legal Fund recognize there are times when expert legal assistance could be critical to participants and their families. Our Legal Fund saves money by providing benefits to help cover participants’ legal expenses. The Legal Fund also provides participants with an Employee Assistance Program and Identity Theft Protection.
The Legal Fund is financed by contributions made by employers as specified in their Labor Agreements with Local 1547 or special agreements with the Alaska Electrical Trust Funds and self-pay participants.
| Management Trustees | Labor Trustees |
|---|---|
| Larry Bell Alaska Chapter, NECA 712 West 36th Avenue Anchorage, AK 99503 |
Marcus Beckmann PO BOX 241016 Douglas, AK 99824 |
| Waylon Knudsen VanGo Enterprises, LLC P.O. Box 1195 Palmer, AK 99645 |
Laura Bonner 3101 E. 112th Avenue Anchorage, AK 99516 |
| Jeremy Novak Yukon Electric, Inc. 2710 Wesleyan Drive Anchorage, AK 99508 |
Serena Green IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
| James Zehnder Northern Powerline Constructors 7941 Sandlewood Place Anchorage, AK 99507 |
Doug Tansy IBEW LU No. 1547 3333 Denali Street, Suite 200 Anchorage, AK 99503 |
For Employers
Find the latest notices for employers, bonding information and forms, and to download the latest Contribution Guide.
