The Board of Trustees reserves the right to
amend the Plan. Except for unusual
circumstances approved by the government, the rights of participants,
pensioners, and beneficiaries cannot be adversely affected by any amendment.
While it is expected and intended that the
Plan will continue indefinitely, the Trustees do have the right to terminate
the Plan in accordance with the Trust Agreement between the Union and the
Participating Employers.
If the Plan is terminated, you will not
accrue any further benefit under the Plan. However, the benefit that you have
already accrued will become vested to
the extent it can be funded by the plan assets allocated to such benefits.
|