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This is the latest and most
up-to-date Booklet which defines and describes all of the Benefits
under the Fund’s Pension Program. As such, this Booklet cancels and
replaces all previous Booklets and related material which have been
previously issued to you.
The Plan Year commences on
April 1 and ends on March 31, and consists of an entire twelve (12)
month period for the purposes of accounting and all reports to the
United States Department of Labor and other regulatory bodies.
Collective Bargaining
Agreements, and the names of the parties thereto and their
expiration dates, may be reviewed at the Fund Office.
The Collective Bargaining
Agreements are between the International Union of Operating
Engineers Local No. 132 and various Employers that have entered into
labor contracts with the Union.
A list of the Employers who
participate in the Fund may be obtained either by writing to the
Administrator or examined at the Fund Office.
Upon written request, the
Administrator will furnish you with information as to whether a
particular Employer participates in the Plan, and if so, their
address.
The Trustees are empowered
to amend the Plan and the benefits provided thereunder from time to
time as they in their sole discretion determine appropriate.
Participants will be advised of any material modification to the
Plan by notice forwarded to their last known address by first class
mail, postage prepaid.
The Trustees are empowered
to construe and interpret the Plan and this Summary Plan
Description, and any such construction and interpretation adopted by
the Trustees in good faith shall be binding upon the Union,
Employers, Employees and Participants.
The Fund has the right to
recover from any Participant, or any other individual or recipient
of Plan benefits, any payments
made as a result of misrepresentation, mistake or error,
irrespective of the party causing any such mistake or error. |
