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SOUND RETIREMENT | 64

Your Regular Pension Amount
For pension benefits earned on or after October 1, 2008, your
regular pension is a monthly amount equal to 3.0% of 5/7 of
the June 2004 employer contributions credited to you. This
formula is unchanged from the one that applied to your pension
benefits just before the merger. The monthly amount you earn
on and after October 1, 2008 will be added to the monthly
benefit you earned under the Drug Plan through September 30,
2008, and the total is your regular pension amount. This total
is then adjusted for the form of payment you select, using the
adjustment factors in the Sound Plan, but will not be less than the
benefit you earned through September 30, 2008 under the Drug
Plan using the Drug Plan’s adjustment factors.

As under the Drug Plan, once you are eligible for normal
retirement, you may begin receiving your regular pension amount
even while you are still working.
EARLY RETIREMENT PENSION

This section describes the rules that apply if you retire on an
early retirement pension before October 1, 2016. For the current
rules on early retirement pension earned under the Sound Plan,
refer to the Sound Plan rules from pages 1 to 60.

Early Retirement Before Age 55

Unlike the terms of the Sound Plan, you may elect early
retirement before age 55 if you have 30 or more years of
unbroken credited service. The 30-year eligibility requirement
will include credited service you earn under the Sound Plan on or
after October 1, 2008, if any. If you retire before age 55 and:

 Before October 1, 2008, your early retirement pension will be
determined under the terms of the Drug Plan.
 On or after October 1, 2008, your initial early retirement
pension will be based only on the benefit you earned under
the Drug Plan through September 30, 2008 (determined
according to the Drug Plan early retirement and payment
form adjustment factors). Any benefit you accrued for service
under the Sound Plan will be available to you on or after the
date you are eligible to retire in the Sound Plan (determined
according to any Sound Plan early retirement and Sound Plan
payment form adjustment factors; see pages 18 - 42).