Page 37 - Pay'n Save Retirement Truat fund
P. 37

35 | SOUND RETIREMENT




                                   Related Pension Plan                   Local Unions
                        Southern California UFCW Unions and Food   135, 324, 770, 905, 1036, 1167,
                        Employers Pension Trust Fund              1428, and 1442
                        Retail Food Employers & UFCW Local 711    4 and 711
                        Pension Trust

                        Intermountain Retail Food Industry Pension   33, 99R, 242, and 368
                        Trust

                        UFCW Local 1439 and Food Industry         1439
                        Retirement Savings Trust
                        UFCW International Union-Industry Pension   Contact the Administrative
                        Fund (Chicago)                            Office at (206) 282-4500 or
                                                                  (800) 225-7620 for this Plan’s
                                                                  local unions.
                        Desert States Pension Plan                99 and 1564


                       QUESTIONS AND ANSWERS

                        How is service under   Service under a related pension plan is measured
                        a related pension plan  using related hours and related credit:
                        measured?
                                             Â   Related hours are hours of employment for which
                                                 contributions are required to be made under the
                                                 related pension plan. Related hours are used to
                                                 determine related credits, and are counted as hours in
                                                 Covered Employment to determine whether you had
                                                 a break in service. They are also used to determine
                                                 whether a permanent break in service has occurred,
                                                 until you stop receiving contributions under this
                                                 Plan or a related pension plan. After that time only
                                                 Sound Plan service is used to determine whether a
                                                 permanent break in service has occurred.
                                             Â   Related credit is past credited service or future
                                                 credited service you earned under a related pension
                                                 plan. Related credit is counted as credited service in
                                                 order to determine your vested status, provided you
                                                 have 1 or more years of credited future service under
                                                 the Sound Plan.
                        How will my partial   If you are not married, your partial pension amount
                        pension be paid?     will be paid as a single life annuity, unless you elect
                                             otherwise. If you are married, your partial pension
                                             amount will be paid as a 50% spouse annuity,
                                             unless you and your spouse elect otherwise. All the
                                             Plan’s payment options are described in “Forms of
                                             Payment,” beginning on page 38.
   32   33   34   35   36   37   38   39   40   41   42