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TBG Education Foundation Golf Outing
THE 14TH ANNUAL TBG EDUCATION FOUNDATION GOLF OUTING
March 15, 2017
Dividend Announcement

March 9, 2017

Dividend Announcement

First off, allow me to thank all of you for everything you have done to make this last year simply incredible. In the 20 year history of TBG our financial health and well-being has never been better than it is right now. This is an exciting time to be a Member of TBG and it’s about to get even better.

It is my pleasure to announce that for the first time in 10 years, TBG will be distributing a Dividend to our Members. At the September 21st Board Meeting, the TBG Board of Directors approved the first Dividend distribution for the 2012 Fund Year. We couldn’t be more thrilled to be in the financial position to pay a Dividend once again.

Under the guidelines of our Dividend Policy, the first distribution of a Fund Year is 20% of the total Dividend amount available for that year. The amount to be paid is $653,023 which is 20% of the total Dividend available of $3,265,115 as of 12-31-2015. The payment will most likely be made in May of 2017, following approval by our regulator, the Minnesota Department of Commerce.

Briefly, to qualify for a Dividend, a Member has to meet three basic criteria:

  • You were a Member of the Fund the year the Dividend is based on.
  • You must be a Member on the date the Dividend is paid.
  • Your loss ratio must be less than the breakeven loss ratio for the Fund year the Dividend is paid from.

This year, the TBG Board of Directors and the Minnesota Department of Commerce approved a revised plan outlining the method to distribute future Dividends. The development of this plan was a process that considered the future long-term financial stability of TBG, our fiscal responsibility to you, our Members, and our desire and commitment to pay Dividends to the Members that contributed to the Dividend Funds available (Member Distribution Payable).

The Great Recession was a difficult time to overcome, but we were able to navigate through it without having to assess our Members. Having learned from those tough times, our new policy is designed to provide the best opportunity to pay consistent, annual Dividends into the future. This is a truly great time to be a TBG Member.

Thank you for your support and loyalty to The Builders Group. Look for a more detailed overview of the dividend policy shortly.

Regards,

Stu Thompson
CEO The Builders Group

Dividend Fact Sheet

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NurseCare Hotline

844-412-7951
Request Our Complimentary NurseCare Packet

We know that workplace injuries don’t follow a schedule. That’s why we offer the TBG NurseCare Hotline, which provides 24/7 access to professional medical advice and reporting—at no cost to our Members.

When an injury occurs, the NurseCare Hotline quickly assesses the situation and ensures workers receive the right level of care. This service helps improve recovery outcomes, reduce claims costs and keep workers safe.

Always Call 911 First for Any Life-Threatening Situation

While the NurseCare Hotline is staffed with medical professionals, they can’t save your life over the phone. Call 911 if symptoms include:

  • Choking
  • Severe bleeding
  • Chest pain or discomfort
  • Seizure or convulsions
  • Off balance or unable to walk
  • Unconsciousness or disorientation
  • Hot, dry skin
  • Profuse sweating
  • Severe abdominal pain
  • Difficulty breathing
  • Any other medical condition you feel is an emergency

If 911 is called, the employee or supervisor can call the NurseCare Hotline after the incident to report the injury.

How it Works

1) WHEN INJURED: Contact your on-site supervisor and call the NurseCare Hotline together.

  • If your supervisor is unavailable, contact the NurseCare Hotline on your own.
  • The call should be made as soon as possible.

2) ASSESSMENT: Following specially designed question-and-answer protocols, the nurse will determine the seriousness and nature of your injury and the best way to address it.

3) TREATMENT: If you can safely return to work, the nurse will provide first aid (self-care) instructions, and if your supervisor is available, you should explain it to them.

4) OFF-SITE TREATMENT: If the nurse feels further evaluation or treatment is needed, they will refer you to a medical facility near you. They may also provide self-care instructions until you see a doctor. These will also be explained to your supervisor if available.

5) FOLLOW-UP: Keep the NurseCare Hotline number handy in case your symptoms change or worsen. Please feel free to call back with any questions, changes in conditions or concerns.

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