The Individual Account Pension Plan permits supplemental contributions under section 401(a) of the Internal Revenue Code. Such contributions are highly important in increasing your account balance, and consequently increasing your chances of having a comfortable retirement.

Your individual supplemental contribution rate can be zero, $1.00 per hour, $2.00 per hour, $3.00 per hour, or $4.00 per hour based on your classification under the bargaining agreement.

Any supplemental contributions made on your behalf are immediately and fully vested.

You can change to any classification level available to you by completing an Application To Change Employment Classification.

You must submit your form in the month of April for a June 1, effective date. But, if you are requesting a change to class 0 (with a $0.00 supplemental contribution) you may submit the request in any month. However, you may not return to Class I, Class II, Class III, or Class IV until the following April.

If you change your employer please complete the appropriate section of your dispatch slip.