Jan Issue

Page 59

(5)

(B)

His Benefit Class is 17b; and

(C)

He has, excluding any Contributory Service Credit he earned from Self-Contributions he made for a period preceding January 1, 1994, other than a Temporary Medical Absence Period (as defined in Section 1.09(b)), at least 30 years of Contributory Service Credit.

He shall receive a 30-And-Out Pension in a monthly amount of $3,000 if he meets each of the following requirements: (A)

He has had at least 10 days or 2 weeks of Employer Contributions (and not Self-Contributions) made on his behalf at a rate corresponding to Benefit Class 18 or 18+ or, if he is employed as a casual Employee or changes Contributing Employers (but not Bargaining Units) on or after such date, he has at least 100 days or 20 weeks of Employer Contributions (and not Self-Contributions) made on his behalf at a rate corresponding to Benefit Class 18 or 18+; and

(B)

His Benefit Class is 18 or 18+; and

(C)

He has, excluding any Contributory Service Credit he earned from Self-Contributions he made for a period preceding January 1, 1994, other than a Temporary Medical Absence Period (as defined in Section 1.09(b)), at least 30 years of Contributory Service Credit.

(d)

Subject to the Rules and Procedures for Suspension of Benefits (as described in Section 4.13), the Contributory Service After Retirement Date or After Disability (as described in Section 4.14) and the Benefits Claim Filing Procedures (as described in Section 7.14), a Participant may elect to have his 30-And-Out Pension become payable on the 1st day of any month following his Retirement Date.

(e)

A Participant who has stopped working in Covered Service may not elect to have his 30-And-Out Pension become payable later than the 1st day of the month following his Normal Retirement Date.

(f)

The 30-And-Out Pension a Participant becomes qualified to receive shall be his minimum monthly retirement benefit from this Pension Fund.

(g)

The Pension Fund is not liable for benefits based upon this Section 4.06 to the extent such liability has been transferred by the Pension Fund pursuant to APPENDIX L of this Pension Plan.

52 F:311524 / 01096280 / 01/01/2010


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