Defined Contribution Plan
Am I Entitled to Any Benefits During Periods of Military Service?
Yes. Military service subsequent to your contribution date is credited at the greater of 125 hours per month for each complete month of military service, or the average monthly hours worked in the 12 months prior to your commencement of military service, and 8 hours per day for any additional fraction of a month.
Contributions are credited to the Participant’s Individual Account at the hourly rate then in effect in the appropriate Collective Bargaining Agreement or Participation Agreement. Specific provisions of the Plan govern eligibility for this benefit.
Contributions credited for military service are paid out of Plan assets as a Plan expense. You must provide all necessary documentation regarding your military service including your honorable discharge paperwork in order to receive credit for periods of military service.