PENSION

PLAN DOCUMENTS AND NOTICES

Summary Plan Description (SPD)

The SPD summarizes the key provisions of the Plan and includes important information about your benefits from the Plan.

Summary of Material Modifications (SMM)

The SPD is updated from time-to-time and includes additional information and changes to the Plan in the form of an SMM.

Annual Funding Notice

The Annual Funding Notice provides basic financial information regarding the Plan and informs you of the funding of the pension plan.

FORMS

Distribution Application

To apply for your pension, you will need to complete a Distribution Application. Please complete the forms and mail along with any noted documentation to the Fund Office.

Direct Deposit Form

To sign up for direct deposit complete a Direct Deposit Form and return it to the Fund Office.

Tax Withholding Form

To change the amount of the taxes withheld from your pension payment, complete a Tax Withholding Form and return it to the Fund Office.

Change of Address Form

Complete this form to change or correct your mailing address and return it to the Fund Office.

Change of Name Form

Complete this form to change or correct your name and return it to the Fund Office.

Beneficiary Designation Form

To designate a beneficiary for your death benefit, you must fill out this form and return it to the Fund Office.

FREQUENTLY ASKED QUESTIONS

How do I apply for my pension?

There is a two-step process to apply for your pension, you will first need to complete a Distribution Application. You should apply for your pension at least 90 days prior to your retirement date. Please complete the forms and mail along with any noted documentation to the Fund Office.

How do I sign up for Direct Deposit for my pension payments?

To sign up for direct deposit complete a Direct Deposit Authorization Form and return it to the Fund Office.

How do I change my pension payment tax withholdings?

To change the amount of the taxes withheld from your pension payment, complete a Tax Withholding Election Form and return it to the Fund Office.

How do I change my address?

In order to change your mailing address, you must complete a Change of Address Form. You may print and complete the form, or you may contact the Fund Office and a form will be mailed to you.

How do I designate a beneficiary?

Complete a Beneficiary Designation Form and mail to the Fund Office.

What happens to my pension if I pass away prior to receiving benefits from the Plan?

Your surviving spouse or beneficiary may be entitled to a Death Benefit if you pass away prior to receiving benefits from the Plan. The form, amount and commencement date of the benefit payments depend upon various factors, including the date of your death.

What happens to my pension if I get divorced?

If you divorce (whether before or after retirement), your spouse may be entitled to receive a portion or all of your pension benefit in accordance with the terms of a Qualified Domestic Relations Order (QDRO). Under the terms of a QDRO, certain payments could be made from your benefits to pay alimony, child support, or marital property rights to your former spouse, child, or other dependent. If you divorce, you must contact the Fund Office to ensure your benefits are paid properly.

A QDRO may affect the amount of pension benefit you will receive or are receiving. A copy of the Fund’s procedures for handling QDROs will be provided to you free of charge, upon request. If you have questions about QDROs, please contact the Fund Office.

Who do I contact with questions?

If you have any questions about your eligibility, benefits or claims, contact the Fund Office at (952) 854-0795 or (800) 535-6373. If you have any questions about Union membership or related matters, contact Local 512 at (651) 489-1488.

LIFE EVENTS

Birth or Adoption

Life Event

You may designate anyone as a beneficiary for death benefits payable for the loss of your life by submitting a Beneficiary Designatioin Form to the Fund Office.
Marriage

Life Event

Before Retirement - If you are married while you are working, your qualified spouse becomes your beneficiary for any Plan benefits you have earned. In order for your spouse to be eligible for benefits, you must be legally married to one another under applicable state law or the laws of a foreign jurisdiction. In addition, one year of marriage is required in some cases. A spouse is also someone who is required to be treated as a spouse or surviving spouse under a Qualified Domestic Relations Order (QDRO).

If you die before your pension benefit begins, your spouse may be eligible to receive a pre-retirement surviving spouse pension or a pre-retirement death benefit.

After Retirement - Your pension benefit is not affected when you marry after you have begun to receive a pension benefit. It is not affected because once you begin to receive a pension benefit, you cannot change the form of payment you are receiving. Your new spouse will not qualify for a benefit regardless of the form of payment you are receiving.
Disability

Life Event

To apply for a disability pension, you will need to complete a Distribution Application. Please complete the forms and mail along with any noted documentation to the Fund Office.
Moving

Life Event

If you have recently moved, please complete a Change of Address Form.
Loss of Employment/Coverage

Life Event

If your employment is interrupted before you are vested, you may lose your accumulated vesting service and pension credits. However, once you are vested, you will not lose your accumulated vesting service or pension credits. Certain interruptions may not result in a break in service. Some breaks in service do not result in a loss of vesting service and pension credits, but do impact how your benefits are calculated (see Leaving Work Section starting on page 10 of the Summary Plan Description).
Divorce

Life Event

If you and your spouse get a divorce or legal separation, your spouse will no longer be eligible for coverage. Your spouse may elect to continue coverage under COBRA for up to 36 months upon divorce or legal separation. You or your spouse must notify the Fund Office, within 60 days of the divorce or separation date for your spouse to obtain COBRA continuation coverage. You must also submit a copy of the divorce decree to the Fund Office.
Retirement

Life Event

If you meet certain criteria defined in the Pension Summary Plan Description you may be eligible to receive a pension. Please contact the Fund Office for your retiree options for continuing health coverage.
Death

Life Event
If you die before your pension payments begin, one of the following benefits may be available to your spouse or dependent child:
- Pre-retirement surviving spouse pension; or
- Pre-retirement death benefit.
If you die after your pension payments begin and you:
- received your pension in a lump sum payment, no further benefits are payable; or
- you were receiving your pension in the form of a:
  - Single life annuity and you had not received 60 monthly payments before your death, your surviving spouse or dependent children will receive the remainder of the 60 monthly payments. If at least 60 monthly payments were made before your death, no further benefits are payable. If there is no spouse or dependent child, no further benefits are payable after your death.
  - 50% (or 75%) spousal pension, your spouse will receive 50% (or 75%) of the amount you were receiving for the rest of his or her lifetime.