D. Benefits May Not Be Transferred To Others

You may not borrow against your pension nor may you pledge any part of it as security or collateral for a loan or otherwise transfer your rights. Your pension is exempt from claims of creditors, such as garnishments or executions, except for certain divorce and child support orders as set forth in E below, certain Internal Revenue Code liens and as may otherwise be required by applicable law. (You may, however, direct the Plan Office to withhold retiree health plan coverage payments due under the San Francisco Electrical Workers Health and Welfare Plan from your pension benefit payments.)