Retirement Age Early Retirement Sample $1,000 Retirement Age Early Retirement Sample $1,000 Factor Accrued Benefit Factor Accrued Benefit 45 0.155 $155 56 0.401 $401 46 0.168 $168 57 0.441 $441 47 0.182 $182 58 0.485 $485 48 0.198 $198 59 0.534 $534 49 0.216 $216 60 0.59 $590 50 0.235 $235 61 0.653 $653 51 0.256 $256 62 0.723 $723 52 0.28 $280 63 0.804 $804 53 0.305 $305 64 0.895 $895 54 0.334 $334 65 1 $1,000 55 0.366 $366 ADDITIONAL INFORMATION COMMUNICATING WITH THE FUND OFFICE Your rights to pension benefits from the National Pension Fund are You can write to the Fund at: governed by the terms of the Plan Document adopted by the Trust- IAM National Pension Fund ees. The Board of Trustees has full discretion and the final authority 99 M St., SE, Suite 600 over the application and interpretation of the Plan and Trust, as Washington D.C. 20003-4595 well as full discretion and the final authority to determine your el- 202-785-2658 igibility for benefits and your eligibility to participate in the Fund. 800-424-9608 The Board determines the manner in which service is to be credit- 202-463-8098 (fax) ed, eligibility for all benefits, discontinuance of benefits, status as a www.iamnpf.org participant or covered employee, credit for past and future service, e-mail: [email protected] the level of benefits, and the interpretation and application of the Consultant and Actuary Fund to particular claims or applications. The Board also has the The Segal Group, Inc. discretion to amend or modify the Fund or Trust Agreement, or any of their provisions, in whole or in part, at any time. Legal Counsel No person or organization, no union officer, district or lodge em- Raymond E. Goad, Jr., General Counsel P.C. ployee, employer or employee representative, or consultant or at- Auditor torney is authorized to speak on behalf of the Board of Trustees on Novak Francella LLC any matter related to the National Pension Fund. There is no guarantee that pensions will be increased after retirement, Executive Director even if benefits are increased for active participants. The Trustees may Ryk Tierney, CEBS provide benefit increases to retirees, but they are not required to do so. The Fund is required by law to provide you with this Summary Plan Description (SPD). It is intended to be a simplified version of the official Plan document. The Plan Document, as interpreted by the Board of Trustees, is the final authority. If anything in the SPD is not clear to you, please ask the Fund Office for an explanation. \\ Appendix 64
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