Pension Introduction
Pension Participation
Pension Credits
Vesting Service
Overview of Pension Types
Regular Pension
Early Retirement
Deferred Pension
Normal Retirement
Disability Pension
Survivor Pension
Reciprocal Agreements
Level Income Option
Summary
Plan Description
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Overview of Regulations Relating to Participation
(For a more complete description, including
rules applicable to prior periods, consult your Summary Plan Description booklet)
You are eligible to earn Pension Credits and Vesting Service when you
are a participant in the Pension Plan. Generally, you become a participant in the Plan on
the earliest January 1 or July 1 after:
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You complete a 12-month period as an employee, and
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You accumulate at least 500 hours of work during that time.
For example, if you started work on April 1, 1993 and completed 500
hours of work before April 1, 1994, you became a Plan participant on July 1, 1994.
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