Retirement Savings Plan Summary Plan Description

 

TABLE OF CONTENTS

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LETTER TO PARTICIPANTS
FUTURE PLAN AMENDMENTS
LIMITATION ON RELIANCE ON BOOKLET AND STATEMENTS
IF YOU ARE APPROACHING RETIREMENT

1. INTRODUCTION
1.1 General Plan Information
1.2 Governing Law and Service of Legal Process
1.3 Federal Identifying Numbers

2. PLAN ADMINISTRATION
2.1 Board of Trustees is Plan Administrator
2.2 EISB (the Plan Office) and Others Assist with Plan Administration

3. ELIGIBILITY AND PARTICIPATION
3.1 Eligibility and Commencement of Participation
3.2 Account Established Upon Commencing Participation
3.3 Duration of Participation in Plan

4. CONTRIBUTIONS
4.1 Employer Contributions
4.2 Employee Contributions
4.3 Overall Contribution Limits
4.4 Working Under Another Collective Bargaining Agreement
4.5 Reciprocity
4.6 Rollovers Into the Plan
4.7 Vesting

5. MANAGING YOUR ACCOUNT
5.1 You May Self-Direct the Investment of Your Account
5.2 Expenses
5.3 Account Statements

6. PARTICIPANT DISTRIBUTIONS
6.1 Hardship Withdrawals
6.2 Disability Retirement
6.3 Early Retirement
6.4 Normal Retirement
6.5 Cashout of Small Accounts
6.6 Pension Enhancement
6.7 Rollovers to Another Plan
6.8 Loans
6.9 Forms of Distributions
6.10 Applying for Benefits

7. DEATH BENEFITS
7.1 Designating a Beneficiary
7.2 Timing of Death Benefits

8. MISCELLANEOUS
8.1 Military Service
8.2 Qualified Domestic Relations Order
8.3 Your Account Generally Cannot be Pledged or Assigned
8.4 Providing Incomplete or False Information
8.5 Lost Participant or Beneficiary
8.6 Income and Penalty Taxes
8.7 Rollovers of Plan Distributions
8.8 Income Tax Withholding on Monthly Benefit Payments
8.9 Electronic Deposit of Benefit Payments

9. CLAIMS AND APPEALS
9.1 General Rules for Initial Claim and Appeal
9.2 Voluntary Arbitration

10. AMENDMENT AND TERMINATION
10.1 Amendment of Plan
10.2 Termination or Merger of Plan

11. STATEMENT OF ERISA RIGHTS