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GENERAL INFORMATION
SELLING, ASSIGNING OR PLEDGING BENEFITS (SECTION 6.13)

Benefits may not be sold, assigned or pledged as security for a loan. Furthermore, benefits are not subject to attachment or execution for the payment of a debt under any judgment or decree of a court or otherwise, except as provided in the Internal Revenue Code and applicable regulations. However, any benefits payable to a former spouse or alternative payee, under a legally binding Qualified Domestic Relations Order, will be honored by the Fund.

RIGHTS OF A FORMER SPOUSE

Any rights of a former spouse or other alternate payee under a Qualified Domestic Relations Order with respect to a Participant’s pension will take precedence over those of any later spouse of the Participant. An “alternate payee” may include the Participant’s spouse, former spouse, child or other dependents.

BENEFITS INCREASE FOR RETIREES

There is no guarantee that pensions will be increased after retirement, even if the benefit rate is increased for active Employees. The Trustees may provide benefit increases to retirees, if the financial experience and current income to the Plan permit such action.

MAXIMUM BENEFITS (SECTION 7.10)

The Internal Revenue Code imposes certain maximums on the pension amount you can receive from the Plan during any year. The Fund Office will let you know if these limits apply to you.