57 SUMMARY PLAN DESCRIPTION 2023 // Percentage of your benefit payable Number of years your spouse is older or younger than you Normal, Early, 30 and Out, 20 and Age 62, or Vested Deferred Pension* Disability Pension** 10 years older 94.0% 86.0% 9 years older 93.6 85.6 8 years older 93.2 85.2 7 years older 92.8 84.8 6 years older 92.4 84.4 5 years older 92.0 84.0 4 years older 91.6 83.6 3 years older 91.2 83.2 2 years older 90.8 82.8 1 year older 90.4 82.4 SAME AGE 90.0 82.0 1 year younger 89.6 81.6 2 years younger 89.2 81.2 3 years younger 88.8 80.8 4 years younger 88.4 80.4 5 years younger 88.0 80.0 6 years younger 87.6 79.6 7 years younger 87.2 79.2 8 years younger 86.8 78.8 9 years younger 86.4 78.4 10 years younger 86.0 78.0 Maximum benefit payable is 99% Maximum benefit payable is 91% For age differences greater than 10 years, contact the Fund Office. * If covered by the Preferred Schedule, multiply result by 0.97879; if by the Default Schedule, by 0.98649 for benefits accrued after Default Schedule Effective Date. ** If covered by the Preferred Schedule or Default Schedule, multiply your result by 0.9330 (for benefits accrued after the Default Schedule Effective Date). TABLE EIGHT DETERMINING THE AMOUNT OF A 75% JOINT AND SURVIVOR PENSION First, calculate your pension benefit, including any applicable age re- duction. Then determine the number of years your spouse is older or younger than you and locate that number in the first column. To the right of the first column are two columns containing percentage fig- ures. Select the column that describes the type of pension applicable to you and the percentage that corresponds to the number of years your spouse is older or younger than you. Multiply that percentage by the amount of your pension benefit. If you are subject to an RP Schedule, multiply that amount by the RP % noted below the table. The result is the amount of your pension under the 75% Joint and Survivor Pension form of payment. When you die, your spouse will continue to receive 75% of that amount. $ __ ____ x ____ x ____ = $ __________ Your Benefit Age % RP % 75% Joint and Survivor Pension Percentage of your benefit payable Number of years your spouse is older or younger than you Normal, early, 30 and Out, 20 and Age 62 or Vested Deferred Pension* Disability Pension** 10 years older 91.0% 79.0% 9 years older 90.4% 78.5% 8 years older 89.8% 78.0% 7 years older 89.2% 77.5% 6 years older 88.6% 77.0% 5 years older 88.0% 76.5% 4 years older 87.4% 76.0% 3 years older 86.8% 75.5% 2 years older 86.2% 75.0% 1 year older 85.6% 74.5% Same Age 85.0% 74.0% 1 year younger 84.4% 73.5% 2 years younger 83.8% 73.0% 3 years younger 83.2% 72.5% 4 years younger 82.6% 72.0% 5 years younger 82.0% 71.5% 6 years younger 81.4% 71.0%