Active Participant means a vested Participant who is credited with a total of at least 2,000 Hours of Service in the 5 Calendar Years immediately preceding his pension starting date (“Annuity Starting Date”), including the Calendar Year in which his Annuity Starting Date occurs (except if a Participant’s Annuity Starting Date is January 1, then the Participant must be credited with a total of at least 2,000 Hours of Service in the 5 full prior Calendar Years).
Years of Credited Service
|Vesting Service in a Plan Year||Hours of Service|
|1/10th of a year credit||For each completed 100 hours|
The Pension Plan Year begins on January 1st and ends on December 31st.
Pension Accrual Rate as of January 1, 2016
1 % of required Contrubutions made on your behalf
- For example: 2000 hours x $8.00 (ER contribution rate) = $16,000 x 1% = $160 added to Participant's pension total.
Pension Forms and Downloads
Key Words and Definitions
Have a Pension Question?
Submit your question in the form to contact a Fund staff member.