Find all of the Pension, Health & Welfare info here!

Your future is our future.

There are 3 pieces that make up a retirement package that you will earn throughout you career as an Ironworker. The first is the 498 Defined Benefit Plan, the second is the Mid-America Pension Plan, and the last is the Supplemental Monthly Annuity (SMA) Plan. These plans are designed to give you the security you need in retirement. If you have any questions please contact us, and we will help you get the answers you need.

Benefits Management Group Inc. (BMGI)

Ironworkers Local 498 DB
625 Enterprise Dr.
Oak Brook, IL 60523
Phone: 630-481-1568

Email: [email protected]

Board of Trustees: Labor
Mark Richeson
Keith Gahl
Paul Kauffman

Board of Trustees: Management
Jeff Shelton
John Lichty
David Anspaugh

Mid-America Pension Fund

2350 E. 170th Street,
Lansing, Illinois 60438
Phone: 708-474-9902
Toll Free: 800-232-8029
Fax: 708-474-9982

The Fund office hours are 8:00 a.m. – 4:30 p.m., Monday through Friday. The Fund office is closed on the weekends and major holidays. If you plan to come in for any reason, we ask you to call, so we can have your records available, when you arrive. In that way, we can serve you more efficiently.

Local 498 Trustee: Labor: Mark Richeson
Local 498 Trustee: Management: David Anspaugh

For information concerning your SMA/Defined Contribution account balance, current investment allocation, or to change current investment allocation and future contributions please call: Toll Free: 800-232-8029.

For on-line access to your SMA/Defined Contribution account please CLICK HERE.

Reciprocal Agreement Form

Reciprocity Agreement is to ensure that the benefits you earn here are transferred back to your home local to your home funds. “The Money Follows the Man.” For your reciprocal agreement form please go to the Health & Welfare section below. Thank you.

Please return completed reciprocal agreement form to:
IW Local 498
5640 Sockness Drive
Rockford, IL 61109

Thank you!

Your health & welfare are as important to us as they are to you.

Iron Workers Tri-State Welfare Fund (NOT FOR CONTRACTOR CONTRIBUTIONS)
953 American Lane Suite 100
Schamburg, IL 60173
Phone: 844-395-4467
Between 8:00 am and 4:30 pm

Trustees: Labor:
Mark Richeson

Trustees: Management:
David Anspaugh


The following forms will assist you in communicating with your Health & Welfare Fund.

Reciprocity forms (for travelers in Local 498)

Please return completed reciprocity forms to:
IW Local 498
5640 Sockness Drive
Rockford, IL 61109

Enrollment forms to update information

Claim forms are NOT available on this site. If you need to pay out of pocket for a medical expense, please detail the information, attach the receipts and send them to Iron Workers Local 498 Health & Welfare Fund at the address listed above.