Plan Membership and Years of Service
Eligibility For Participation
When do I become a participant in the Plan?
You
become a participant in the Plan either on the date you
complete 1,000 hours of credit with a contributing employer
within the 12-month period following your date of
employment, or, at the beginning of a fiscal year when you
first complete 1,000 hours of credited service.
Participation will continue unless your service credits are
cancelled by any of the following events, whichever first
occurs:
·
You suffer a Permanent Break
in Service before you become vested in the Plan.
·
You should die prior to
retirement. What is an hour of
service? An hour of service is
each hour you work in covered employment for which an
Employer has agreed to contribute to the Plan under a
collective bargaining agreement with the Union.
How do I earn a year of service?
If you work 1,000 hours or more in covered employment within
a fiscal year, you will receive one year of service credit.
If you work at least 900 but less than 1,000 hours, you will
receive 1/2 year of service credit. Or, if you work at
least 450 but less than 900 hours, you will receive 1/4 year
of service credit. |