Regular Schedule of Benefits
Which Schedule of Benefits am I?
9.01 SINGLE PAYMENT DEATH BENEFIT FOR DEATH DURING ACTIVE SERVICE
(a) Upon the death of a Participant who:
(i) is Actively Engaged in Covered Employment,
(ii) dies before his pension Effective Date,
(iii) is working under a Collective Bargaining Agreement that conforms to the
Maintenance of Benefits Requirements,
(iv) is not an Inactive Vested Participant at the time of the Participant’s death, and
(v) has 10 or more years of Pension Credit, including at least 2 years of Contributory Credit,
a Single Payment Death Benefit shall be paid to his designated Beneficiary. The death benefit shall be an amount equal to $100 for each year of Pension Credit to a maximum of $2,500, but not less than $1,000. If the Participant shall have had one hour of contributions made on his behalf during the four Calendar Years ending with the Calendar Year of his date of death at a rate of $2.66 or more, the death benefit shall be an amount equal to $200 for each year of Pension Credit, to a maximum of $5,000, but not less than $2,000.
(b) If no Beneficiary has been named, or if the last-named Beneficiary has predeceased the Participant, then the payment required under this Section 9.01 may be made to the surviving Spouse of such Participant, if any, and if there is no surviving Spouse, payments provided under this Section 9.01 may be made to any surviving children of the Participant.
(c) The question of the existence of a surviving Spouse or children, and the proportion of benefits to one or more children, shall be at the sole and absolute discretion of the Trustees. No one shall be eligible to receive a death benefit under this Section 9.01 unless an application is made in writing in a form and manner prescribed by the Trustees which is filed within one year of the death of the Participant; provided, however, that the Trustees may extend the time for filing for good and sufficient reasons which are acceptable to the Trustees which prevented or interfered with the filing by the surviving Spouse or children within the prescribed one year. In the event there is no surviving Spouse or children, the estate of the Participant shall be deemed to be the Beneficiary.
(d) As noted in Section 7.05(b), a Single Payment Death Benefit will be paid to the Beneficiary of a deceased disabled Participant only if his Disability Pension has not commenced in accordance with Section 7.03(a).
9.02 SURVIVING SPOUSE ANNUITY
(a) Eligibility and Benefit Description
The surviving Qualified Spouse of a Participant who had achieved Vested Status and who dies prior to commencing benefits under this Plan shall, upon application in writing on a form prescribed by the Trustees, be entitled to a monthly Surviving Spouse Annuity as described in this Section 9.02. The Surviving Spouse Annuity shall commence at such date and in such amount as is described in paragraphs (b) and (c) below and shall cease with the payment due for the month in which the Spouse dies.
A disabled Pensioner may be eligible for a Surviving Spouse Annuity as further described in paragraph (f) below.
(b) Immediate Annuity
(i) Eligibility
The Surviving Spouse Annuity shall commence the first day of the month following the date of death of the Participant, if, on his date of death:
(A) the Participant could have retired under Article VI and would have been entitled to an immediate lifetime income under the Plan, or
(B) the Participant
(1) was Actively Engaged in Covered Employment;
(2) had accumulated at least 15 years of Pension Credit, including at least four months of Contributory Credit at $1.00 per hour or more;
(3) worked under a Collective Bargaining Agreement that conforms to the
Maintenance of Benefits Requirements; and
(4) was not an Inactive Vested Participant at the time of the Participant’s death.
(ii) Amount
The amount of the Surviving Spouse Annuity shall be the amount that would have been payable to the surviving Qualified Spouse had the Participant retired under Article VI on his date of death, electing the 100% Husband and Wife Pension, and then immediately died. The 25% reduction as set forth in Table 6 will be applied in calculating the amount of the 100% Husband and Wife Pension. If the Participant was under age 52 on his date of death, the benefit amount shall be calculated as if he were age 52. The requirement for six months of Pension Credit after age 49 will be waived for Participants who satisfy the eligibility requirements of paragraph 9.02(b)(i) above.
(c) Deferred Annuity
(i) Eligibility and Commencement Date
A benefit under this paragraph (c)(i) shall be payable only if the Participant died after August 22, 1984. If the surviving Qualified Spouse was not eligible for an immediate annuity under paragraph (b) above, the Surviving Spouse Annuity shall commence on the first day of the earliest month the Participant could have commenced benefits under Article VI were he to have survived to such earliest benefit commencement date while earning no additional Pension Credit.
(ii) Amount
(A) For Participants who are not Inactive Vested Participants at the time of death, the amount of the Surviving Spouse Annuity shall be the amount that would have been payable to the surviving Qualified Spouse had the Participant survived to his earliest commencement date, retired under Article VI electing the 100% Husband and Wife Pension, and then immediately died. The 25% reduction as set forth in Table 6 will be applied in calculating the amount of the 100% Husband and Wife Pension.
(B) For Participants who are Inactive Vested Participants at the time of death, the amount of the Surviving Spouse Annuity shall be the amount that would have been payable to the surviving Qualified Spouse had the Participant survived to his Normal Retirement Age, retired under Article VI electing the 50% Husband and Wife Pension, and then immediately died. The 15% reduction as set forth in Table 6 will be applied in calculating the amount of the 50% Husband and Wife Pension. The Surviving Spouse Annuity payable under this subparagraph (B) will commence at the Participant’s Normal Retirement Age.
(d) Minimum Surviving Spouse Annuity
If a Participant’s Spouse is eligible for an immediate Surviving Spouse Annuity upon his death and if she would have been eligible for an immediate Surviving Spouse Annuity had the Participant died on or after September 30, 1991, the Surviving Spouse Annuity shall not be less than the benefit that would have been paid under the provisions of the Plan in effect on September 30, 1991, based on the Participant’s Accrued Benefit as of that date and his age and his Spouse’s age as of his date of death.
(e) Optional Deferred Annuity
Effective October 1, 1994 the surviving Qualified Spouse who is eligible for a benefit under this Section 9.02 prior to the date the Participant would have attained Normal Retirement Age may elect to defer commencement of this benefit until the first day of any month through the date the Participant would have attained Normal Retirement Age. In such case, the amount of the benefit shall be determined as in paragraphs (b), (c), or (d) above, except that the reduction for early retirement from Table 3 that is applied when calculating this benefit shall be based on the age that would have been used when calculating the Participant’s pension had he survived to the surviving Spouse’s benefit commencement date.
If the surviving Spouse dies before benefits commence, no benefits shall be payable.
(f) Disabled Participant Surviving Spouse Annuity
A Surviving Spouse Annuity will be payable upon the death of a disabled Participant as follows:
(i) For a disabled Participant eligible for a Disability Pension described in Section
7.01(b):
(A) If his Disability Pension has commenced under Section 7.03(a), a Surviving Spouse Annuity is payable subject to the requirements of Section 7.05(a).
(B) If his Disability Pension has not commenced under Section 7.03(a), a Surviving Spouse Annuity is payable subject to the requirements of Section 7.05(b).
(ii) For a disabled Participant eligible for a Disability Pension other than as described in Section 7.01(b), a Surviving Spouse Annuity is payable subject to the requirements of paragraphs (b) and (c) above. The percentage continuation to the surviving Spouse is dependent upon the date of the Participant’s death. If a disabled Participant dies on or after January 1, 2001, a Surviving Spouse Annuity is payable subject to the requirements of paragraphs (b)(i)(A), (b)(i)(B)(1) and (b)(i)(B)(2) above.
9.03 THIRTY SIX MONTH ANNUITY FOR UNMARRIED PARTICIPANTS
(a) Upon the death of an unmarried Participant who satisfies the eligibility requirements below, a 36 Month Annuity shall be paid to his designated Beneficiary for 36 months. The 36 Month Annuity shall be paid if the unmarried Participant
(i) dies on or after October 1, 2000 and who could have retired under Article VI
and would have been entitled to an immediate lifetime income under the Plan, or
(ii) dies on or after December 1, 2001, and who
(A) was Actively Engaged in Covered Employment;
(B) had accumulated at least 15 years of Pension Credit, including at least four months of Contributory Credit at $1.00 per hour or more;
(iii) and who
(A) worked under a Collective Bargaining Agreement that conforms to the
Maintenance of Benefits Requirements and
(B) was not an Inactive Vested Participant at the time of the Participant’s death.
The 36 Month Annuity shall be in an amount equal to 75% of the lessor of (1) the pension benefit the Participant would have been entitled to at the time of his death based upon age and Pension Credits determined under Article VI and (2) the Participant’s Accrued Benefit payable at the Participant’s Normal Retirement Age. If the Participant was under age 52 on his date of death, the benefit amount shall be calculated as if he were age 52. The requirement for six months of Pension Credit after age 49 will be waived for Participants who satisfy the eligibility requirements of paragraph 9.03(a)(ii) above.
(b) Upon the death of an unmarried disabled Participant who dies on or after October 1,
2000 and is eligible for a Disability Pension described in Section 7.01, a 36 Month
Annuity will be payable only if his Disability Pension has not commenced. The 36
Month Annuity shall be in accordance with Section 7.05(b)(i)(B) by applying the Early Disability Pension factors described in Table 3, if payable prior to Normal Retirement Age.
Alternative Schedule of Benefits
Which Schedule of Benefits am I?
16.12 SURVIVING SPOUSE ANNUITY
(a) Eligibility and Benefit Description
The surviving Qualified Spouse of a Participant who had achieved Vested Status and who dies prior to commencing benefits under this Plan shall, upon application in writing on a form prescribed by the Trustees, be entitled to a monthly Surviving
Spouse Annuity as described in this Section 16.12. The Surviving Spouse Annuity shall commence at such date and in such amount as is described in paragraphs (b) and (c) below and shall cease with the payment due for the month in which the Spouse dies.
(b) Immediate Annuity
(i) Eligibility
The Surviving Spouse Annuity shall commence the first day of the month following the date of death of the Participant, if, on his date of death:
(A) the Participant could have retired under this Article XVI and would have been entitled to an immediate lifetime income under the Plan, or
(B) the Participant
(1) was Actively Engaged in Covered Employment;
(2) had accumulated at least 15 years of Pension Credit, including at least four months of Contributory Credit at $1.00 per hour or more; and
(3) was not an Inactive Vested Participant at the time of the
Participant’s death.
(ii) Amount
The amount of the Surviving Spouse Annuity shall be the amount that would have been payable to the surviving Qualified Spouse had the Participant retired under Article XVI on his date of death, electing the 50% Husband and Wife Pension with Pop-Up, and then immediately died. The reduction based on the Actuarial Equivalence defined in Section 16.03 will be applied in calculating the amount of the 50% Husband and Wife Pension. If the Participant was under age 55 on his date of death, the benefit amount shall be payable under Section 16.12(c).
(c) Deferred Annuity
(i) Eligibility and Commencement Date
If the surviving Qualified Spouse was not eligible for an immediate annuity under paragraph (b) above, the Surviving Spouse Annuity shall commence on the first day of the earliest month the Participant could have commenced benefits under Article VI were he to have survived to such earliest benefit commencement date while earning no additional Pension Credit.
(ii) Amount
The amount of the Surviving Spouse Annuity shall be the amount that would have been payable to the surviving Qualified Spouse had the Participant survived to his earliest commencement date, retired under Article XVI electing the 50% Husband and Wife Pension with Pop-Up, and then immediately died. The reduction based on the Actuarial Equivalence defined in Section 16.03 will be applied in calculating the amount of the 50% Husband and Wife Pension.
If the surviving Spouse dies before benefits commence, no benefits shall be payable.