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Defined BENEFIT Pension Plan
Plan Document

      

APPENDIX II  

RULES AND REGULATIONS PERTAINING TO PENSION OPTIONS

(Not included. See explanatory note in Table of Contents)

This section added by: Amendment 3.

Notwithstanding any other plan provisions to the contrary, any optional form subject to 417(e)(3) shall be calculated as the greater of (i) or (ii) as follows:

  1. the actuarially equivalent value as determined using the plan provisions in effect on June 30, 2008; or
  2. the actuarially equivalent value as determined under Section 417(e)(3) for plan years beginning after December 31, 2007 using the "Applicable Mortality Table" as defined in Plan Section 1.39 and the "Applicable Interest Rate" as defined in Plan Section 1.40.