You have attained age 65 and have terminated from employment in the electrical industry within the jurisdiction of IBEW Local 6.

You have attained age 55 and have commenced receipt of benefits from the Northern California Electrical Workers Pension Plan or another tax-qualified pension plan under which a benefit was earned as a result of employment under a Collective Bargaining Agreement, and have incurred a severance from employment.

You have attained age 55 and have terminated employment with all Covered Employers, have performed no work in Covered Employment (and have had no contribution activity in my account) in the past 18 months, and have no current prospects for Covered Employment.

You may qualify for benefits if you become totally and permanently disabled before attaining age 55. You will be considered totally and permanently disabled if, and only if, the Social Security Administration has determined that you are eligible for a permanent Social Security disability benefit under Title II of the Social Security Act.

You may elect a hardship withdrawal from your elective deferrals and rollover amounts as necessary to satisfy, an immediate and heavy financial need. No more than two withdrawals may be made during any Plan year. Click here for more information.

Regardless of your age, if the balance of your Account is less than $5,000, you may request a complete distribution if:

1. no contributions were made to your Account in the preceding 18 months; and
2. you submit a statement that you do not intend to return to employment in the electrical industry within the geographic jurisdiction of Local 6.

The Trustees adopted a loan provision effective December 1, 2009 that was amended in June 2010 to allow participants up to two outstanding loans, as long as the participant has not already exceeded the loan limitations permitted under the Plan in accordance with Federal regulations. You may borrow up to the lesser of $50,000 or one-half of the value of your account. For more information, including tax consequences in the event of a default, refer to the attached Loan Policy.