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APPENDIX E:

Rehabilitation Plans Prior to
October 1, 2016

The Pension Protection Act of 2006 (the “PPA”) created new
funding rules for multiemployer pension plans. To meet the
requirements of this law, the Board of Trustees of the Sound
Retirement Trust adopted a “rehabilitation plan” designed to
improve the funding of the Trust that is updated each year.

The Rehabilitation Plans do not reduce the level of your accrued
benefit as of January 1, 2011 payable on the normal retirement
date. The benefits of retirees and beneficiaries with benefit
commencement dates prior to January 1, 2011 also are not
affected by the Rehabilitation Plans.

Under a Rehabilitation Plan, some benefit changes take effect
immediately. Other changes take effect based on when your
employer and your Union adopted that Rehabilitation Plan (or
when that Rehabilitation Plan applies to you under law).
This Appendix E summarizes the changes under all
Rehabilitation Plans prior to October 1, 2016. The body of the
SPD describes the current rules under the 2016 Rehabilitation
Plan.
1. As of December 16, 2010, the level income option form of
payment will no longer be available to participants who start
their pension benefit after that date.

2. For deaths on or after December 16, 2010, the only pre-
retirement death benefits that will be payable are those
required to meet the definition of a pre-retirement surviving
spouse benefit to your spouse if you are married on the date
of your death.

3. As of January 1, 2011, the five-year certain guarantee that
applied if you elected the Normal Form of Benefits is
eliminated for credited service earned on or after January 1,
2011.
4. As of the effective date of the 2010 Rehabilitation Plan, the
five-year certain guarantee on the normal form of payment
will not apply to benefits earned prior to January 1, 2011.

5. Effective February 1, 2011, the following benefits are no longer
be available to if you are in terminated vested status as of:
December 16, 2010
y Subsidized early retirement benefits are eliminated;

y The post-retirement cost-of-living adjustments (“COLAs”)
that were payable on pre-August 2003 accruals will not be
provided;