Defined Benefit Pension Plan Document
Important Note:Notwithstanding any information in these Plan Document pages or embedded links, for retirements that are first in pay status on or after April 1, 2017, certain Defined Benefit Plan provisions are scheduled to change in accordance with the adoption of Alternative Schedules 1 or 2 under the
Second Critical Status Rehabilitation Plan.
AMENDMENT NO. 11
TO THE
SOUTHERN CALIFORNIA IBEW-NECA PENSION PLAN
This Plan Amendment to the Southern California IBEW-NECA Pension Plan ("Plan")
executed by the Chair and Secretary on the dates set forth below 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.
The Board of Trustees have reserved to themselves the ability to amend the Plan from
time to time and has previously authorized execution of this Plan Amendment. The SECURE
Act has modified the Required Beginning Date of Plan Participants as of the January 1, 2020
effective date of the SECURE Act. The Plan has been administered in accord with the SECURE
Act as of the effective date of the SECURE Act. The IRS is to provide guidance to Plans as to
the appropriate language for Plan Amendments but as of this date has yet to finalize proposed
language. The Trustees wish to assure a timely Amendment which will be modified as necessary
by further Amendment following action by the IRS.
Accordingly, pursuant to Article 10, Section 10.1 of the Plan, the provisions of Article 5,
Section 5.5, second full paragraph, is amended to read as follows:
"(e) Effective January 1, 2020 the SECURE Act amended provisions of
the Code related to Required Minimum Distribution dates, referred to in
this Plan as the Required Beginning Date. In accord with the SECURE
Act for Participants born before July 1, 1949 the Required Beginning Date
is April of the calendar year following the calendar year of attainment of
age 70 ½ subject to the preexisting exceptions and exclusions of the Plan.
For Participants born on and after July 1, 1949, the Required Beginning
Date is April 1 of the calendar year following the calendar year of
attainment of age 72 subject to the preexisting exceptions and exclusions
of the Plan. As to any such Participant born on and after July 1, 1949,
any reference in this Plan to age 70 ½ shall be deemed a reference to age
72. This change is effective in accord with the SECURE Act, preempts
any contrary provisions of the Plan and shall be interpreted in accord with
IRS guidance and regulations under the required minimum distributions
provisions of the SECURE Act."
By: Signature on File
Chairman
By: Signature on File
Secretary