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Pension SPD Design Element

A. Past Break in Service Rules

  1. June 1, 1961 through May 31, 1965
    You incurred a Permanent Break in Service if, from June 1, 1961 through May 1, 1965, under the Inside Wiremen Agreement (June 1, 1962, through May 1, 1965, under a Motor Shop Agreement), you failed to earn at least 300 hours of Pension Credit in any of two consecutive calendar years.
  2. June 1, 1965 through December 31, 1975
    Under the Inside Wiremen Agreement and Motor Shop Agreement after June 1, 1965 through December 31, 1975 (and from June 1, 1966 through December 31, 1975 under a Neon Sign Agreement), you incurred a Permanent Break in Service if Employer contributions had not been made on your behalf for 300 hours of Pension Credit in any of two consecutive calendar years.
  3. January 1, 1976 through December 31, 1986
    After December 31, 1976, a one year Break in Service will result in any calendar year if you fail to earn either 500 hours of Credited Service or 300 hours of Pension Credit during the two year period that includes that calendar year and the preceding calendar year. Ordinarily, a Participant will be much more likely to avoid a Break in Service by earning 300 hours of Pension Credit over 2 years instead of 500 hours of Credited Service in one year.

    During the January 1, 1976 through December 31, 1986 period, unless vested (10 years of either Credited Service or Pension Credit), you incurred a Permanent Break in Service if your consecutive one year Breaks in Service equaled or exceeded the number of years of Credited Service or Pension Credit you accumulated prior to the end of the consecutive one year Breaks in Service which resulted in a Permanent Break in Service.