Pension Plan Summary Plan Description
Table of Contents
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LETTER TO PARTICIPANTS
FUTURE PLAN AMENDMENTS
LIMITATION ON RELIANCE ON BOOKLET AND STATEMENTS
IF YOU ARE APPROACHING RETIREMENT
1. INTRODUCTION
2. PLAN ADMINISTRATION
2.1 Board of Trustees is Plan Administrator
2.2 EISB and Others Assist with Plan Administration
3. ELIGIBILITY AND PARTICIPATION
3.1 Eligibility and Commencement of Participation
3.2 Duration of Participation in the Plan
3.3 Participation After a Permanent Break-in-Service
4. EMPLOYER CONTRIBUTIONS
4.1 General Rules
4.2 Employer Contributions and Reciprocity
4.3 Delinquent Contributions
5. DETERMINING YOUR ACCRUED BENEFIT
5.1 Definition of Accrued Benefit
5.2 Pension Credit
5.3 General Rules for Determining Accrued Benefit
5.4 Benefits Earned While on Long-Term Disability
5.5 Minimum Benefits
6. VESTING
6.1 Credited Service
6.2 General Vesting Rules
6.3 Normal Retirement Age
6.4 Pre-1998 Vesting Rules
6.5 Break-in-Service
7. TYPES AND FORMS OF PENSION
7.1 Available Forms of Normal and Early Pensions
7.2 Pop-Up Feature
7.3 Pension Enhancement from Retirement Savings Plan
8. COMMENCEMENT OF NORMAL AND EARLY PENSION
8.1 Normal Pension Beginning at Normal Retirement Age
8.2 Delayed Normal Pension with no Retroactive Effective Date
8.3 Delayed Normal Pension with Retroactive Effective Date
8.4 Early Pension - Timing and Amount
8.5 Pension Election, Waiver and Spousal Consent Rules
9. DISABILITY PENSION
9.1 Eligibility
9.2 Total and Permanent Disability Defined
9.3 Commencement and Duration of Disability Pension
9.4 Amount of Disability Benefit
9.5 Return to Covered Employment After Disability
9.6 Reporting Requirements
10. DEATH BENEFITS
10.1 Single Life Annuity
10.2 Joint and Survivor Annuity
10.3 Pre-Retirement Survivor Annuity
10.4 Lump Sum Death Benefit
10.5 Beneficiaries
11. RETURNING TO WORK IN THE ELECTRICAL INDUSTRY AFTER RETIREMENT
11.1 If You Return to Work After Retirement - Benefit Suspension
11.2 Work Before and After Age 65
11.3 Exceptions to Prohibited Employment
11.4 Presumptions Regarding Post-Retirement Employment
11.5 Your Responsibility to Furnish Information
11.6 Notice of Suspension and Cessation of Prohibited Employment
11.7 Benefit Payments Following End of Suspension
11.8 Benefits Earned During Suspension Period
11.9 Recoupment of Overpayments
12. RECIPROCITY
12.1 General Rules
12.2 Transfers To or From Your Home Fund
12.3 Types of Reciprocity
12.4 Crediting Service in Home Fund
13. OTHER MATTERS
13.1 Annual Statement of Benefits
13.2 Duty to Furnish Information
13.3 Benefit Payments and Direct Deposit
13.4 Mandatory Cash-Out of Small Benefits
13.5 Benefits May Not Be Transferred to Others
13.6 Divorce or Support Orders
13.7 Tax Withholding
13.8 Recovery of Overpayments
13.9 Recap of Circumstances That May Cause You to Lose Benefits
14. CLAIMS AND APPEALS
14.1 Claim for Benefits
14.2 Claim Denial
14.3 Appeal of Claim Denial
14.4 Disability Claims and Appeals
14.5 Voluntary Arbitration
14.6 Finality of Decision on Claim - Two-Year Period to File Lawsuit
15. AMENDMENT, TERMINATION AND MERGER OF PLAN
15.1 Amendment of Plan
15.2 Right to Terminate
15.3 PBGC Insurance in the Event of Plan Termination
15.4 Merger or Consolidation With Another Plan
16. ADDITIONAL PLAN INFORMATION
16.1 General Plan Information
16.2 Funding and Collective Bargaining Agreements
16.3 Statement of ERISA Rights