5 SUMMARY PLAN DESCRIPTION 2023 // employer reports. It also shows your total credited service and vest- ing service. In addition, if you were covered by a plan that merged with the National Pension Fund, your pre-merger service will gen- erally appear on the statement. If you meet the Fund’s vesting requirements (see page 8), the an- nual statement will also show an estimate of the normal pension payable to you at age 65. Please compare the information on the annual statement with your own records. The annual statement’s information about your credited service and your benefit is based on unverified records and should be treated as an estimate. All information is subject to verification when you apply for your pension benefit. The National Pension Fund Website To learn more about the National Pension Fund, vis- it our website at www.iamnpf.org. The Fund’s web- site is a valuable resource to aid you in obtaining information about your benefits and is designed to maintain the security of your personal information. If you have any questions about using the website, call the Fund Office at 1-800-424-9608 or e-mail us at [email protected]. One very valuable tool you will find on the Fund’s website is a pen- sion calculator, which permits active participants to project their benefits according to varying contribution rates and retirement-age scenarios. On the website participants can also: › Complete your pension application online, including uploading pertinent supporting documents* › Change your address* › View or change your beneficiary designations* › View the hours reported by your employer on your behalf* › Request a pension application* › Print various forms * Once you start receiving your pension benefit, these features will not be available to you online, but you may use the following features when accessing the website: › Sign-up for Direct Deposit › Download a Form 1099R › Print a Verification of Income statement › Update tax withholding information › View monthly benefit payments You are solely responsible for maintaining the security of any of your passwords associated with the Plan. You can help protect your personal information following the online security tips rec- ommended by the Department of Labor and found here: https:// www.dol.gov/sites/dolgov/files/ebsa/key-topics/retirement-bene- fits/cybersecurity/online-security-tips.pdf You Have Questions, We Have Answers As you get closer to retirement, you may want more specific informa- tion about the amount of your benefit and the options available to you. If you have specific questions regarding your benefit, please write to the Fund Office at the address shown on the back cover. For general questions regarding the National Pension Fund, you may write to the Fund Office or call the Fund at 1-800-424-9608 between the hours of 9:00 a.m. and 7:00 p.m. eastern time. You may also e-mail questions to us at [email protected]. WHO CAN PARTICIPATE IN THE NATIONAL PENSION FUND? You can participate in the National Pension Fund if you meet all three of the following conditions: › You are represented for the purpose of collective bargain- ing by a lodge chartered by the IAM. The collective bar- gaining agreement may be with another union if accepted by the Trustees. › Your employer has agreed in writing to make contributions to the Fund on your behalf. › Your employer is accepted, in writing, as a contribut- ing employer by the Board of Trustees, and makes the required contributions. You cannot participate in the National Pension Fund while: › You are self-employed › You are a partner of a contributing employer › You are a leased employee PARTICIPATION FOR EMPLOYEES NOT SUBJECT TO AN IAM COLLECTIVE BARGAINING AGREEMENT In general, the Fund covers employees who are working under a collective bargaining agreement. Some exceptions do apply. If the Trustees agree to their participation, employees of certain entities may be covered. Such entities include: › A local or district lodge › A related welfare fund › Another union-affiliated organization › A conjoint union › Non-union and management employees of a regular con- tributing employer (subject to certain conditions) In each such case, the Trustees require a signed special participa- tion agreement from the employer. In addition, the employees of the Fund Office are covered by the Fund.

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