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Retirement Savings Plan Design Element

F. ELECTIVE DEFFERAL CONTRIBUTIONS.

Only employer contributions may be reciprocated to your home local fund in accordance with the Electrical Industry Reciprocal Agreement. Therefore, if you are a traveling employee who has elected to defer a portion of your wages under a Local 6 collective bargaining agreement as 401(k) contributions, these contributions will not be transferred to your home fund but will remain in this fund and be credited to an individual account under your name and social security number.