AMENDED AND RESTATED EFFECTIVE JANUARY 1, 1987 AS ...

1 AMENDED AND RESTATED EFFECTIVE JANUARY 1, 1987 WESTERN CONFERENCE OF TEAMSTERS PENSION PLAN AS CONSTITUTED JULY 10, 2017AS CONSTITUTED JULY 10, 201711/17 PENSIONPLAN254652_01_F1_WCTPT_Pension_Pl an_Cover 110/18/17 10:56 AMAREA ADMINISTRATIVE OFFICESNORTHERN CALIFORNIA AREA NORTHWEST/ROCKY SOUTHWEST AREA Administrative Office MOUNTAIN AREA Administrative Office The Western Conference of Administrative Office The Western Conference of Teamsters Pension Trust Fund The Western Conference of Teamsters Pension Trust Fund 1000 Marina Blvd., Ste. 400 Teamsters Pension Trust Fund 225 South Lake Ave., Ste. 1200 Brisbane, CA 94005-1841 2323 Eastlake Avenue East Pasadena, CA 91101-3000(650) 570-7300 Seattle, WA 98102-3305 (626) 463-6100 (206) 329-4900 REGIONAL SERVICE CENTERSPORTLAND OFFICE DENVER OFFICE MERIDIAN OFFICEThe Western Conference of The Western Conference of The Western Conference ofTeamsters Pension Trust Fund Teamsters Pension Trust Fund Teamsters Pension Trust Fund700 NE Multnomah St.

2 , Ste. 350 10 Lakeside Ln., Ste. 2C 3597 E Monarch Sky Ln., Ste. 340 Portland, OR 97232-4197 Denver, CO 80212-7430 Meridian, ID 83646-1053(503) 238-6961 (303) 629-0931 (208) 898-7500 THE TRUSTEES OF THE WESTERN CONFERENCE OF TEAMSTERS PENSION TRUST FUND2323 Eastlake Avenue East Seattle, Washington 98102-3305 Employer Identification Number 91-6145047 i WESTERN CONFERENCE OF TEAMSTERS PENSION PLANTABLE OF CONTENTSPageARTICLESARTICLE ONE: History .. General Information about Eligibility .. 1 Two Different Benefit Formulas .. Applicable Plan Provisions Before and After JANUARY 1, 1987 .. Organization of Plan Document/Defined Terms .. 2 ARTICLE TWO: PLAN When Active Participation Begins.

3 2 750 Hour Requirement .. 2 250 Hour Requirement .. 2 Inactive Participant Status .. 2 Reinstatement of Active Participant Status .. 2 Termination of Participation .. 2 ARTICLE THREE: VESTING AND Vesting .. Year of Vesting Service .. Interruption of Service .. 4 Forfeiture of Service .. 4 Effect of Forfeiture of Service .. Special Vesting Rules.

4 4 ARTICLE FOUR: NORMAL RETIREMENT General .. Maximum Benefit .. 5 ARTICLE FIVE: CONTRIBUTION ACCOUNT Contribution Account Benefits .. Contributory Service Years of Service .. Noncontributory Service Years of Noncontributory Service .. 6 Special Rules for Participants Reentering Plan After 1986 .. 7 ARTICLE SIX: FIVE-YEAR AVERAGE Five-Year Average Benefit .. Five-Year Average Rate .. 7 Prior Plan Service Credits .. 8 Prior Plan Future Service Credits.

5 8 Prior Plan Past Service Credits .. 8 Floor Rate .. 8 Minimum Benefit .. 9 ii PageARTICLE SEVEN: PAST EMPLOYMENT Past 9 * Continuous Past Employment .. 9 Breaks in Continuous Past Employment .. 10 Special Past Employment .. 10 Breaks in Special Past Employment .. 10 Employment .. 11 Proof of Past Employment .. 11 ARTICLE EIGHT: AGE RETIREMENT BENEFITS * Eligibility.

6 12 Amount .. 12 Election of a Pension EFFECTIVE Date .. 12 Change of Pension EFFECTIVE Date .. 12 * Retirement from 12 Automatic Retirement at Age 70 .. 12 ARTICLE NINE: DISABILITY RETIREMENT BENEFITS* Eligibility .. 13* Disability Pension EFFECTIVE Date .. Amount .. Special Rules .. Disability Determinations .. 14* Termination of Disability Retirement Benefits .. 14 ARTICLE TEN: FORMS OF PENSION PAYMENT Available Forms of Pension Payment.

7 15 Choosing a Form of Pension .. 15 Life Only Pension .. Employee and Spouse Pension .. Life Only Pension with Benefit Adjustment Option .. Employee and Spouse Pension with Benefit Adjustment Option .. Employee and Spouse Pop Up .. 17* Optional Small Pension Changing the Form of Pension .. 18 Spousal Consent Requirements .. 19 Plan Member s Spouse .. 20 Court-Ordered Conversion of Employee and Spouse Pension to Life Only Pension .. 20 ARTICLE ELEVEN: SPOUSE LIFETIME Types of Spouse Lifetime Pensions.

8 21 Before Retirement Spouse Lifetime Pension .. 21 Election of Spouse Pension EFFECTIVE Date .. 22 After Retirement Spouse Lifetime Pension .. 23 1979 Plan Pre-Retirement Benefit to Spouse Option .. 23* Optional Spouse Small Pension Cashout .. 23 ARTICLE TWELVE: DEATH AND SURVIVOR Before Retirement Basic Lump Sum Death Benefit .. 24 Before Retirement 48-Month Death Benefit .. 24 Optional After Retirement Lump Sum Death Benefit .. 24 After Retirement 4-Year Certain Death Benefit.

9 Child Survivor Benefits .. Surviving Child .. 26 Limitation Applicable to Inactive Participants .. 26 ARTICLE THIRTEEN: RECENCY, PEER & RETIREMENT Recent Coverage at Retirement .. 26* Recent Coverage for Disability .. Recent Coverage at Death .. 27* Special Recent Coverage Rules .. Current PEER Coverage at Retirement .. 28 Current PEER Coverage for Disability .. 28 Current PEER Coverage at Death .. 28* Special Current PEER Coverage Rules .. Rules for Choosing Appropriate Retirement Table.

10 29 ARTICLE FOURTEEN: RECIPROCAL RETIREMENT AND SURVIVOR Reciprocal Benefit Rules .. 31 ARTICLE FIFTEEN: BENEFIT CLAIM AND ELECTION General Requirements .. 31 Claim Forms/Filing of Claims .. 31 Information Required to Establish Claim .. Information About Election Rights and Forms of Pensions for Plan Members .. 31 Election Period for Plan Members .. 31 Right to Cancel Retirement Benefit Application .. 32 General Election Procedures .. 32 Processing of Benefit Claims.