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Target Corporation Pension Plan summary plan description

Target Corporation Pension plan summary plan description Resumen de la descripci n del plan TGT-H000251850-12/21. introduction This booklet is a summary plan description (SPD) of the Target Corporation Pension plan (the plan ) as required by federal law. The booklet is for participants actively participating in the plan or terminating their employment on or after January 1, 2020. The plan comprises two different benefits, the Traditional plan and the Personal Pension Account, both of which are covered in this booklet. The sections of this booklet that describe the Traditional plan apply only to participants with a Traditional plan benefit, and the sections that describe the Personal Pension Account apply only to participants with a Personal Pension Account.

Target expects to continue this plan indefinitely, but reserves the right to amend, discontinue or terminate the plan at any time by action of its Board of Directors. Puede obtener mayor información llamando a la línea telefónica del Target Benefits Center (Centro de Beneficios de Target) al . 800-828-5850.

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