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Defined BENEFIT Pension Plan
Plan Document

      

AMENDMENT NO. 15
TO THE RESTATED PLAN DOCUMENT OF THE
SOUTHERN CALIFORNIA IBEW-NECA PENSION PLAN

This Amendment to the Southern California IBEW -NECA Pension Plan ("Plan") executed this 27th day of April, 2010, is made by the Board of Trustees of the Southern California IBEW-NECA Pension Trust Fund ("Board of Trustees") with reference to the following facts and circumstances:

  1. The Board of Trustees wishes to amend the terms of the Plan regarding Pro Rata Pensions to eliminate the consideration of hours worked on or after July 1, 2010 for purposes of determining eligibility for certain Early Retirement Benefits.
  2. The Board of Trustees has reserved to themselves the ability to amend the Plan from time to time.

NOW THEREFORE, the Plan is amended as follows:

  1. Article 14 is amended by revising the last sentence of Section 14.7 to read as follows:

    "Effective July 1, 2010, for the sole purpose of determining eligibility for an Early Retirement Benefit prior to age 55 with Total Credited Service of 42,500 hours under Section 3.2(b), Related Hours shall be treated as if they were Total Credited Service under this Plan only if such hours were worked prior to July 1, 2010."

  2. All other terms and conditions of the Plan shall remain in full force and effect.

This Amendment shall be effective July 1, 2010.

Executed this 27th day of April, 2010 at Commerce, California.

By: Signature on File
Chairman

By: Signature on File
Secretary