The Pension Plan is designed to provide you a pension based upon your accumulated Years of Service and hours worked.
• Your benefit is determined using Benefit Units and the applicable benefit rates.
• Once vested, your right to your Benefit Units cannot be taken away.
WHAT IS THE PLAN YEAR?
The plan year is from January 1 to the following December 31 every year.
YOUR YEARS OF PARTICIPATION?
Your number of Years of Participation are the number of full years between when you first begin participation, and when you last participate, not including any years in which you worked less than 400 hours.