SECTION 8. DETERMINING THE VALUE OF VESTED PENSION BENEFITS

You must be vested to be entitled to a pension benefit from the Plan. How you become vested is covered in Section 6. The amount of your pension benefit will depend upon the number of Pension Credits you have accumulated prior to your retirement, the appropriate value that attaches to each Pension Credit and the benefit option you select. This section explains how to value your Pension Credit to determine a single life monthly pension benefit. How that benefit level is affected by selecting other benefit options, early reduced retirement benefits and other factors are explained in subsequent sections.

Topics In This Section

A. Inside Wiremen Benefits
B. Neon Sign Benefits
C. Motor Shop Benefits
D. Benefits Earned While on Long Term Disability
E. Separation From Employment Explained
G. More Than One Agreement