H. Benefit Payments Following Suspension

1. Timing. Benefits will resume for months after the last month for which benefits were suspended. The first post-suspension payment will be paid no later than the third month after the last calendar month of the suspension (along with payment for the two preceding months, if applicable), provided you have complied with the notice requirements described in Subsection E, above.


2. Amount. If you retire on an Early Retirement Pension and return to Covered Employment, your pension will be suspended until you later retire. You will not receive an amount higher than the pension you were receiving for Pension Credit earned prior to commencing your Early Retirement Pension, but any Pension Credit you earn after your return to Covered Employment will be determined at the rates specified in Appendix A when you reach Normal Retirement Age. In other words, your Early Retirement Pension will be increased by the accrued value of the Future Service Pension Credits you earned after you returned to Covered Employment, but will not be affected by any benefit increases that were adopted after you originally retired on an Early Retirement Pension.
   
   If you have attained Normal Retirement Age, the amount payable upon resumption will be determined as if it was being calculated for the first time, based on your Normal Retirement Age, reduced by the actuarial value of the benefits you received during your earlier retirement and adjusted for the applicable Joint and Survivor Annuity option, if any. The adjustment, however, will be without regard to any benefit that otherwise would have accrued after your return to Covered Employment with respect to a 12-month period during which you worked less than 1,000 hours. If, however, the suspended benefits that would have been paid before your Normal Retirement Age reduces the value of your pension below the actuarial equivalent of your Normal Retirement Pension, the monthly amount of the resumed pension will be adjusted so you are not deprived the full value of your pension at Normal Retirement Age.


3. Recoupment of Overpayments. Overpayments attributable to payments made for any month(s) for which the Participant worked in Prohibited Employment shall be deducted from pension payments that would otherwise resume. Such deduction after the Participant has attained Normal Retirement Age shall not exceed 25% of the payment, except that up to 100% of the first pension payment may be withheld upon again becoming eligible for payments after a suspension. If a pensioner dies before recoupment of overpayments has been completed, deductions shall be made on the benefits payable to his surviving Spouse or any beneficiary, subject to the 25% limitation.