MMC Benefits Handbook
Participating in the Plan
BEP Eligibility
You are eligible to participate in the BEP if your Accrued Benefit under the Retirement Plan is reduced due to limitations imposed by the IRC for tax-qualified plans.
When Participation Begins
If you are eligible to participate in the BEP, your participation will begin as of the first day that your benefit under the Retirement Plan is limited by the tax-qualified plan limits.