Retirement Savings Plan Summary Plan Description

Letter to Participants

April 2023

Dear Participant:

We are pleased to provide this updated Summary Plan Description of the San Francisco Electrical Workers Retirement Savings Plan. The Plan covers members of IBEW Local 6 who work in Covered Employment under a collective bargaining agreement that requires employer contributions to the Plan. Along with other pension benefits you have likely earned, the Plan is designed to provide additional resources for you and your family upon retirement.

This Summary summarizes the Plan's terms, highlighting only the Plan's key features. The official text of the Plan is contained in the Plan document, which controls eligibility, benefit payments, participation, administration and other aspects of your benefits. Any ambiguity or conflict between this Summary and the Plan will be governed by the Plan document, not this Summary.

This Summary reflects all amendments in effect on January 1, 2023.

In addition to the Plan document, a separate Trust Agreement between IBEW Local 6 and the San Francisco Electrical Contractors Association sets forth duties of the Trustees, among other things.
Please read this Summary carefully. If you are married, you may want to discuss this Summary's contents with your spouse. You should keep this Summary for future reference, along with any announced changes to the Plan, at least until the next version of this Summary is distributed.

If you have any questions about the Plan or need additional information, please contact the Plan Office.

Sincerely,

Thomas Coleman, Chair John Doherty, Co-Chair
Board of Trustees Board of Trustees