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On January 1, 2007, the Money Purchase Plan was converted to a Profit Sharing Plan. The Plan is now called the "Retirement Savings Plan". In general, most of the rules and regulations of the new Plan are identical to the old Plan. So, for reference purposes, the Summary Plan Description (SPD) for the old Plan is being left online until the new SPD is ready. It is very important that if you have any critical benefit questions or are preparing to retire in the near future, be sure to contact the Plan Office regarding any provisions which may have changed.
Notice to Participants
If You Are Close To Retirement
Questions and Answers
Trustee List
I. TYPE OF PLAN
II. ADMINISTRATION OF THE PLAN/INVESTMENTS
III. PARTICIPATION AND VESTING
A. Participation and Reciprocity Agreements
B. Vesting
IV. EARNING BENEFITS-EMPLOYER CONTRIBUTIONS
V. RECIPROCITY
A. Home Fund
B. Procedures
C. Amount and Effective Date of Transfer
D. Allocation of Transferred Contributions
E. Crediting Service in Home Fund
F. Cessation of Transfers
VI. VALUATION OF INDIVIDUAL ACCOUNT
A. Valuation, Earnings, and Periodic Statements
B. Benefit and Contribution Limits Benefit and Contribution
Limits
VII. APPLICATION AND ELIGIBILITY FOR BENEFITS
A. Retirement
B. Application and Payment of Benefits
C. Eligibility for Your Benefits
VIII. PAYMENT OF BENEFITS
A. Normal Forms of Benefit
B. Benefit Options
IX. Returning to Work
X. DISTRIBUTION RULES
A. Required Distributions
B. Internal Revenue Code Distribution Rules
C. Rights of Former Spouse - Domestic Relations Orders
D. No Assignments
E. Right to Combine Small Monthly Payments.
XI. DEATH BENEFITS/PRERETIREMENT SURVIVOR BENEFITS
XII. DESIGNATION OF BENEFICIARY
XIII. POTENTIAL LOSS OF BENEFITS
XIV. DEFERRAL OF TACES/ROLLOVERS
A. Deferral of Taxes/Penalties for Certain Early Withdrawals
B. Rollovers and Tax Withholding Rules on Such Rollovers
C. Distributions Not Eligible for Rollover.
D. Tax Withholding Rules on Pension Payments.
E. Electronic Deposit of Pension Payments
XV. CLAIMS AND APPEAL PROCEDURE
A. Claims and Appeal Procedure.
B. Denial of Claim and Appeal Rights/Time for Filing
Lawsuit
C. Voluntary Arbitration
XVI. AMENDMENT/TERMINATION MERGER OF PLAN
A. Amendment of Plan
B. Termination of Plan
C. Merger or Consolidation
XVII. ADDITIONAL INFORMATION REQUIRED BY ERISA
A. Name and Type of Plan
B. Plan Administrator
C. Agent for the Service of Legal Process
D. Plan Year
E. Employer Identification Number
F. Funding Contributions and Collective Bargaining Agreements
G. Fund Medium
Statement of ERISA Rights
History of Employer Contributions
Plan Amendments
Amendment 1
Amendment 2 |
