If I am a Traveler working in Local 6s jurisdiction, What Happens to the Employer and 401(k) Contributions made on my behalf?
Employer profit sharing contributions may be reciprocated to your home local fund through the Electrical Industry Reciprocal Agreement if your home fund is signatory to that agreement and you execute a transfer authorization via the Electrical Reciprocal Transfer System (ERTS). However, if you have elected to defer a portion of your wages under a local 6 collective bargaining agreement as 401 (k) contributions, these contributions will not be transferred to your home fund. If, while you were working in IBEW Local 6’s jurisdiction you had the opportunity to transfer your contributions to your Home Fund and you chose not to do so, you will not be eligible to later roll over your Individual Account to that other IBEW plan. This rule will not apply, however, in the event that no reciprocal agreement was available for the transfer of your contributions or a transfer of contributions was not otherwise possible to your home fund at the time such contributions were made on your behalf to this
