Benefits Handbook

Benefit Service is used to determine your Plan benefit accrual percentage.

Service On or After January 1, 2010 but Prior to January 1, 2017

Generally, you are credited with Benefit Service under the Plan for each month that you are an eligible employee (See "Eligibility – General Rules" for details) and have Eligible Monthly Pay. Benefit Service is used to determine your Plan benefit accrual percentage. See "Plan Benefit Formula for Benefit Accrued on or after January 1, 2006" for details.

No Benefit Service will be credited after December 31, 2016, the date benefit accruals were discontinued under the Plan.

Benefit Service Prior to January 1, 2010 but on or after January 1, 2006

Generally, you were credited with Benefit Service under the Plan for each month that you were an eligible Salaried Employee (See "Eligibility – General Rules" for details) and had Eligible Monthly Pay.

If you were classified as an hourly employee, you were not an eligible employee and were not credited with Benefit Service before January 1, 2010.

Benefit Service Prior to January 1, 2006

Generally, you were credited with Benefit Service under the Plan for each month that you were an eligible Salaried Employee. Your total Benefit Service was multiplied by your Final Average Salary and the Plan's benefit accrual percentage to determine your benefit accrual amount. See "Plan Benefit Formula for Benefit Accrued prior to January 1, 2006" for details.

If you were classified as an hourly employee, you were not an eligible employee and were not credited with Benefit Service before January 1, 2010.

If you transferred between participating and non-participating companies, see "Transfers From a Non-participating Company", "If you Transferred Between a Participating and Non-participating Company Prior to August 1, 2006" and "Transfers to a Non-participating Company" for details. If you were a participant in an acquired employer plan that may have been merged into the Plan, see "Acquired Companies" for details.