GENERAL INFORMATION
WELFARE PLAN
PENSION PLAN
  RETIREMENT DATES
  CREDITED SERVICE
  AMOUNT OF PENSION
  PENSION BENEFITS AT OR AFTER DEATH OF A RETIRED MEMBER
  ADDITIONAL SUPPLEMENTARY BENEFIT
  APPLICATION FOR, AND PAYMENT OF, PENSION
  BREAK IN SERVICE
  NO BREAK IN SERVICE ARRANGEMENT
  DEATH BENEFITS BEFORE RETIREMENT
  TERMINATION BENEFITS
  EMPLOYMENT OF
A PENSIONER
 

DESIGNATION OF
A BENEFICIARY

  GENERAL PROVISIONS
  PENSION PLAN EXCLUDED FROM GROW-IN BENEFITS
  TERMINATION OF PENSION COVERAGE
  GOVERNANCE OF PENSION PLAN AND PENSION FUND
MEMBER BENEFIT BOOKLET
 

 

WELFARE AND PENSION PLANS

Pension Plan

NO BREAK IN SERVICE ARRANGEMENT

If you are granted a leave of absence or an extended vacation by your Employer and the International Union of Elevator Constructors, and contributions to the Plan on your behalf have ceased, you must protect your position in the Plan by applying to the Trustees for a No Break in Service arrangement stating the reasons for your absence.  If such arrangement is granted, you will not lose any benefits earned up to the date of your leave of absence or extended vacation.  When the period of your No Break in Service arrangement is over, you must immediately make yourself available for work with a Contributing Employer, otherwise you will be treated as having terminated your employment.

If you do not apply for a No Break in Service arrangement and you take a leave of absence or extended vacation, you will suffer a Break in Service and will be treated as having terminated your employment.  In this case your pension benefits will be subject to the rules relating to termination of membership in the Plan set out in Section 10 of the Member Benefit Booklet.  If you subsequently return to work, you will be treated under the Plan as a new Employee.




 

   

READ CAREFULLY, BUT REMEMBER…

This is a general outline of the Plans and its purpose is to explain as briefly and clearly as possible each of the benefits to which you are entitled. The benefits outlined under the Plans are subject to the terms and conditions of the Plan documents and Group Master Policies. If there is any conflict between this outline and the Plan documents and Group Master Policies, the Plan documents and Group Master Policies will apply in all cases. Also remember that no benefits are guaranteed and that the benefits can be changed by the Trustees at any time.

 
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