Dear Participant:

Saving money is not always easy, but the UFCW Local 1776 and Participating Employers Retirement and Savings Plan (the "Plan") gives you a head start on developing financial security because it makes saving for your future financial needs a little easier.

The Plan gives you an opportunity to save money for the years ahead and, at the same time, lower your current taxes. Plus, your account balance will grow faster through the long-term compounding of tax-deferred investment earnings.

The Plan is intended to supplement the retirement income you will receive from your defined benefit plan, Social Security, and personal savings. If you plan ahead, you can help to ensure that your retirement years are financially secure.

This booklet is published by the Trustees of the UFCW Local 1776 and Participating Employers Retirement and Savings Plan and describes the highlights of the Plan, which became effective April 1999. If you have any questions about this important benefit, please contact the third-party administrator at the UFCW Local 1776 and Participating Employers Retirement and Savings Plan office (the "Fund office") at (610) 941-9400 or (800) 458-8618. 

This booklet is intended as a brief summary of the provisions currently in effect for the Plan. A more complete description is set forth in the Plan document. In the event that the Summary Plan Description conflicts with the Plan, the text of the Plan and related Trust Agreement will govern. Copies of these documents are available for your inspection, if you have any questions.

It is not always possible to reprint a new Summary Plan Description to reflect all of the current rules or future amendments. Therefore, before you finalize your retirement plans, call the Fund office to be sure that you are aware of any changes.

Sincerely,

Wendell W. Young, IV  

Chairman

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The plan is administered by Prudential Retirement. You may contact them by phone at: 1-(877)-778-2100

UFCW 1776 Prudential Webinar September 28, 2020, Invitiation Flyer

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