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Under certain conditions, your benefit may be denied, reduced or suspended. These conditions are as follows: 1. If you are no longer an eligible employee, you will be ineligible for further Plan participation. If you transfer to another position with your Contributing Employer which is not in Covered Employment or an affiliate, you will continue to accrue service for vesting. You may not receive your benefit from this Plan until you are no longer employed in Disqualifying Employment. 2. If your Covered Employment terminates by resignation, discharge, or death before you have completed 5 Years of Credited Service (2 of which must be Years of Credited Future Service), your retirement benefit will be forfeited, subject to your rehire, as more fully described in the section, “Can my Credited Service be lost or cancelled?” 3. The Plan may be terminated before sufficient assets have been accumulated in the trust fund to pay your benefit. In this case you may be protected (in full or in part) by the Pension Benefit Guaranty Corporation ( see “Pension Benefit Guaranty Corporation”). 4. The Trustees may amend the Plan to reduce accrued benefits. This may be done only with the permission of the federal government to avoid serious economic hardship to the Contributing Employers. The Trustees have no present intention to take such action, but we are required by law to inform you of the possibility. 5. Federal law permits payment of all or a portion of your benefit to another person, provided such payment is made to comply with a “qualified domestic relations order” (“QDRO”) relating to child support, alimony, or marital property rights payments. 6. If you do not provide the Trustees with your most recent address and you cannot be located, the Trustees may be unable to distribute your benefit to you. 7. If you fail to make proper application for your pension benefit or fail to provide necessary information, the Trustees may be unable to distribute your benefit to you. 8. If you leave employment and begin to receive a pension benefit from the Plan before you reach your Normal Retirement Age, your payments may be reduced to account for early payment. 9. Under all the Plan payment options except the Single Life Annuity, which is payable to you alone or the Qualified Joint and Survivor Annuity for married participants, your retirement benefit will be actuarially reduced to permit payments to your joint annuitant after your death. 10. See “Work after Retirement” to determine if your reemployment may cause your retirement benefit payments to be suspended. 11. The benefit you accrue as a result of Past Service may not be payable if your Contributing Employer ceases to make contributions to the Plan. |