Annuity

Summary Plan Description Table of Contents

  1. Introduction
  2. Retirement Savings Fund Highlights
  3. Contact Information
  4. Beginning Work
  5. Your Retirement Savings Fund Account
  6. Payment of Benefits
  7. In-Service Distribution
  8. Loans
  9. Tax Information
  10. Applying for Benefits
  11. Administrative Facts
  12. Your ERISA Rights

In-Service Distribution

If you are still working in covered employment, you may receive a distribution upon application to the Fund. This can include the Participant’s entire Individual Account, excluding any additions to the Individual Account made during the previous two years dating from the last day of the month prior to your application. However, if any portion of your distribution is attributable to contributions made for work performed by you on or after January 1, 2007, such portion must be rolled over into an eligible retirement plan by using the Trustee-to-Trustee transfer method.

If you are married, your spouse must consent to your in-service distribution in writing.

You cannot receive an in-service distribution in the calendar year you take a loan or default on a loan.