ADM Retirement Plan

Salaried Summary Plan DescriptionADM Retirement PlanTRADITIONAL PLAN PARTIcIPANTs Table of Contents Introduction .. 1 About This Booklet .. 2 Plan Highlights Traditional Formula .. 4 Eligibility .. 6 Your Service .. 8 Your Pay Under the Plan .. 10 Your Pension Benefits .. 12 Normal Retirement .. 14 Early Retirement .. 17 Vested Pension .. 19 How Traditional Formula Benefits Are Paid .. 20 Survivor Benefits Traditional Formula .. 24 Taxation of Distributions .. 26 Special Rules for Transfers and Rehires .. 28 Claims .. 30 General Information .. 34 Statement of Rights of Plan Participants .. 36 Pension Benefit Guaranty Corporation .. 38 Appendix 1: Cash Balance Pension Formula Effective January 1, 2022 .. 39 Addendum A: Prior Service at Acquired Locations.

salaried (exempt or non-exempt) employee. Special Rules Non-supervisory ARTCO employees are not eligible to participate. If you perform services pursuant to a contract or agreement (whether verbal or written) which provides that you are an independent contractor or consultant, or a leased employee, you are not eligible to participate in the plan.

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  Employee, Consultant, Or consultant

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