SUMMARY PLAN DESCRIPTION
2002 EDITION

Appendix A
Accrued Benefit Rates Before January 1, 2000

The following tables show the monthly Normal Retirement Pension benefit amount you accrued before January 1, 2000, depending on whether you are a Construction Employee or a Non-Construction Employee. These rates are multiplied by the years of Pension Credit you earn to determine the amount of the Pre-2000 Portion of your Normal Retirement Pension. The tables show the total amounts at the levels of 25 and 30 years of Pension Credit.

The amounts are based on whole Increments of contributions and the Employer’s required Contribution Rate. Your actual Accrued Benefit earned before January 1, 2000 is calculated by applying this table as described in the examples of the calculation of the Normal Retirement Pension on page ___.

If your Employer’s Increment Contribution Rate falls between any two Increment Rates outlined in the following tables, your Accrued Benefit amount will be the lower accrual rate plus a proportional amount of the difference between the two accrual rates.

Accrued Benefit Rates Before January 1, 2000 for Construction Employees

Increments

Required Contribution Rates from

Accrued Benefit Per Year of Credit

Maximum Monthly
Normal Retirement Pension

7/95

1/97

1/98

25 Years

30 Years

1

0.15

0.16

0.17

$    3.60

$      90

$   108

2

0.30

0.32

0.34

$    7.20

$    180

$   216

3

0.45

0.48

0.51

$  10.80

$    270

$   324

4

0.60

0.64

0.68

$  14.60

$    365

$   438

5

0.75

0.80

0.85

$  18.40

$    460

$   552

6

0.90

0.96

1.02

$  22.20

$    555

$   666

7

1.05

1.12

1.19

$  26.00

$    650

$   780

8

1.20

1.28

1.36

$  29.80

$    745

$   894

9

1.35

1.44

1.53

$  33.60

$    840

$1,008

10

1.50

1.60

1.70

$  37.60

$    940

$1,128

11

1.65

1.76

1.87

$  41.60

$1,040

$1,248

12

1.80

1.92

2.04

$  45.60

$1,140

$1,368

13

1.95

2.08

2.21

$  49.60

$1,240

$1,488

14

2.10

2.24

2.38

$  53.60

$1,340

$1,608

15

2.25

2.40

2.55

$  57.60

$1,440

$1,728

16

2.40

2.56

2.72

$  61.80

$1,545

$1,854

17

2.55

2.72

2.89

$  66.00

$1,650

$1,980

18

2.70

2.88

3.06

$  70.20

$1,755

$2,106

19

2.85

3.04

3.23

$  74.40

$1,860

$2,232

20

3.00

3.20

3.40

$  78.60

$1,965

$2,358

21

3.15

3.36

3.57

$  82.80

$2,070

$2,484

22

3.30

3.52

3.74

$  87.00

$2,175

$2,610

23

3.45

3.68

3.91

$  91.20

$2,280

$2,736

24

3.60

3.84

4.08

$  95.40

$2,385

$2,862

25

3.75

4.00

4.25

$  99.60

$2,490

$2,988

26

3.90

4.16

4.42

$103.80

$2,595

$3,114

27

4.05

4.32

4.59

$108.00

$2,700

$3,240

28

4.20

4.48

4.76

$112.20

$2,805

$3,366

29

4.35

4.64

4.93

$116.40

$2,910

$3,492

30

4.50

4.80

5.10

$120.60

$3,015

$3,618

 

Accrued Benefit Rates Before January 1, 2000 for Non- Construction Employees

Increments

Required Contribution Rates from

Accrued Benefit Per Year of Credit

Maximum Monthly
Normal Retirement Pension

7/95

1/97

1/98

25 Years

30 Years

1

0.15

0.16

0.17

$    4.40

$    110

$    132

2

0.30

0.32

0.34

$    8.80

$    220

$    264

3

0.45

0.48

0.51

$  13.20

$    330

$    396

4

0.60

0.64

0.68

$  17.60

$    440

$    528

5

0.75

0.80

0.85

$  22.00

$    550

$    660

6

0.90

0.96

1.02

$  26.40

$    660

$    792

7

1.05

1.12

1.19

$  30.80

$    770

$    924

8

1.20

1.28

1.36

$  35.20

$    880

$1,056

9

1.35

1.44

1.53