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Plan Coverage
Who Is Covered by the Plan?

You are covered by the Plan if you work in a job covered by a collective bargaining agreement or other written agreement that requires your employer to make contributions to the Plan on your behalf.  Employees of a Local Union may be covered by the Plan under a Participation Agreement between the Local Union and the Trustees.

If you work in a job covered by a collective bargaining agreement, you are immediately covered by the Plan.

If you perform your first hour of work after 1992 in work that is covered by this Plan but that is not covered by a collective bargaining agreement, you must complete 1000 hours of work before you become covered by the Plan.  You are covered by the Plan on the first day of the month after you complete 1000 hours of work.

Employees who are non-bargaining unit employees may participate in the Plan if their participation meets certain requirements set out in the Internal Revenue Code ("Code").  These requirements are described on page 27 of this Summary Plan Description.

Contributions to the Plan

Contributions on your behalf are made only by your Employer at the hourly rate stated in the Collective Bargaining Agreement or other written agreement with your Employer. The contribution rate for Employees of Local Unions and non-collectively bargained employees of Employers is provided in the Participation Agreement between your Employer and the Trustees of the Plan. Employees may not make contributions to the Plan under any circumstances.

Acceptance of New Contributing Employers to the Plan

An employer is accepted by the Trustees as a Contributing Employer upon signing a Collective Bargaining Agreement with a Sprinkler Fitter Local Union. The parties must send to the Fund Office a copy of the signed Collective Bargaining Agreement requiring contributions to the Supplemental Pension Plan on behalf of employees covered by the Agreement. In addition, the parties must send to the Fund Office a copy of any signed Participation Agreement requiring contributions to the Supplemental Pension Plan.

How Much May Be Contributed to the Plan?

Although there is no maximum Contribution Rate to the Supplemental Pension Plan established by the Trustees, the law provides that annual contributions (plus certain other kinds of additions) to a Participant's Individual Account may not exceed 100% of the employee's compensation from contributing Employers. Contributions for a Participant may never be more than $40,000. This amount is adjusted for cost of living increases as permitted by IRS regulations.

Benefits and contributions under the NASI Pension Plan do not affect the amount that may be contributed to this Plan. The maximum benefits permitted by law may be earned in each plan.