Page 17 - Pay'n Save Retirement Truat fund

15 | SOUND RETIREMENT

QUESTIONS AND ANSWERS

How are credited Credited future and credited past service are used
service and breaks to determine your eligibility for pension and death
in service used to benefits, the amount of those benefits, and your
determine benefits right to receive a benefit (also called vesting).
under the plan? Breaks in service, or Plan Years in which you work
less than the required number of covered hours, can
affect your right to receive a pension benefit and
the amount you are eligible to receive.

Are there any Yes. Your continuous years of service will not be
breaks that may broken by periods of
be excepted
when determining  Military service when you had reemployment
rights under federal law,
continuous years of
credited service? Â Qualifying maternity, paternity, and family
medical leave,
 Service as an employee or official of a union
participating in the Plan, or
 Employment in a managerial or non-covered
position with a contributing employer either
immediately before or immediately after
covered employment with that employer.

Do breaks in service Once you are fully vested under the Plan, a break
affect me if I’m in service will not cause you to lose the benefit
already vested? you have earned. However, you will not earn any
additional benefit eligibility or vesting credit for any
break in service years. You could lose your ability
to receive early retirement benefits under more
favorable terms if you incur a break in service which
is not “repaired” -- see page 25.