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SOUND RETIREMENT | 78

Your Standard Reduced Meat Plan pension benefit is equal to the
regular pension benefit you would be eligible to receive at age 65
based on what you earned through June 30, 2014 (excluding any
benefits transferred to the Consolidated Plan), actuarially reduced
for your age when you begin receiving payments. This amount is
then adjusted for the form of payment you select.

The table below shows the reduction factors that will apply at
each age. Factors are interpolated for ages (years and completed
months) between those shown.

Participant’s
Retirement Age Reduction Factor Benefit per $1,000
65 1.000 $1,000
64 0.893 $ 893
63 0.799 $ 799
62 0.717 $ 717
61 0.645 $ 645
60 0.582 $ 582
59 0.526 $ 526
58 0.476 $ 476
57 0.432 $ 432
56 0.393 $ 393
55 0.358 $ 358
Prior to 55 Not Available Not Available

Rule of 85

This pension allows eligible participants to retire at any age when
the total of age plus service is at least 85. You are eligible for a
Rule of 85 payable from the Sound Plan if:

 You are not yet age 65,

 The sum of your age and credited service, including any
credited service you earn under the Sound Plan (including
related plan credits) on or after July 1, 2014, is 85 or more,

 You were “Active” at the time of the Meat Plan benefit
changes that were generally effective on July 1, 2010. For this
purpose, Active means you were not retired as of July 1, 2010
and you completed 360 or more Hours of Service between
July 1, 2008 and June 30, 2009 (or you were first hired in the
last 6 months of this period);
 You retire from active service with the Meat Plan before the
merger or, if you retire after June 30, 2014, you retire from
active service with the Sound Trust. (Active for this purpose
means that you did not have a break in service before you
retired); and