After retiring, can I return to work and continue to receive benefits?

If you are retired and receiving an Early Retirement Benefit, such benefit will be suspended for any calendar month in which you are employed in the same industry, same trade or craft, and in the same geographical area covered by the Plan.

If you are retired and receiving a Normal Retirement Benefit, your benefit will be suspended for any calendar month in which you are employed eighty (80) or more hours in a month in the same industry, same trade or craft, and in the same geographical area covered by the Plan.

Once you have attained age seventy and one half (70½), returning to work in the same industry, trade or craft, and in the same geographical area covered by the Plan, will not effect the payment of your monthly benefit.  Any additional contributions received on your behalf, will be adjusted and added to your monthly benefit on an annual basis.

In the event your benefits are suspended as a result of your returning to work, the Plan will notify you in writing to that effect, giving a general description of the Plan provisions relating to the suspension of payments, a copy of such provisions as well as identification of applicable Department of Labor Regulations that may be found in Section 2530.203-3 of the Code of Federal Regulations.  You have the right to appeal any such decision in accordance with the claim appeal procedures set forth in this Summary Plan Description.  In the event you received benefits subsequent to your returning to work and prior to the date of notification, the notice will also advise you of the Fund’s intent to offset any suspendible amount actually paid during the period of such employment, identifying specifically the period of employment and the suspendible amount which is subject to offset.  It will also advise you that your benefit will be reinstated no later than the first day of the third calendar month after the calendar month in which you cease to be employed in suspendible employment.  The initial payment upon resumption shall include the payment scheduled to occur in the calendar month when payments resume, less an offset of 100% of the first scheduled payment and an offset of 25% of any subsequent monthly payments, until such time as the total suspendible amount has been recovered in full by the Fund.