Pro Rata Pensions
Pro Rata Pensions (sometimes called Reciprocal Pensions) are provided for Participants who would not otherwise qualify for a pension, or whose pension would be less than they would otherwise be, because their years of employment were divided between the geographic area of Local 12 and other areas which have their own Operating Engineers pension plans. These other plans are called Related Plans.
The Trust has reciprocal agreements with many Related Plans in the United States and Canada. These agreements allow the hours you worked in the Related Plans to be combined with the hours you worked in this Plan to meet the eligibility requirements for a pension in this Plan. However, the benefit payable to you from this Plan is based solely on the Credits you earn in this Plan. The Related Plans may pay you a pension for the credits you earn in their areas. You would receive a check from each pension plan, not a combined check.
The hours you earn in Related Plans can also be used to prevent a Permanent Break in Employment in this Plan.
You are eligible for a Pro Rata Pension if you are retired from Operating Engineer work and would be eligible for a Regular, Early, or Disability Pension from this Plan based on the combination of hours from this Plan and Related Plans covered by these agreements.
The amount of pension is determined in the same way as the Regular, Early or Disability Pension based only on the Credits earned in this Plan. However, no benefit is payable for any Prior Pension Credit unless you have at least ½ of a Pension Credit before February 16, 1968.
You are eligible for a Pro Rata Pension if you are retired from Operating Engineer work and would be eligible for a pension from this Plan based on the combination of hours from this Plan and Related Plans covered by this agreement and meet the following requirements:
- You are credited with at least one Year of Service for employment under this Plan (contributions must be made to this Plan)
- You are eligible for a Pro Rata Pension from the Related Plan
- You waive the right to any other pension under this Plan.
The amount of pension is determined in the same way as the other pensions in this Plan based only on the Credits earned in this Plan.