Alaska United Food and Commercial Workers Trust

An annual statement that shows all of the hours reported on your behalf is mailed to you each year. Review this statement, comparing it to your check stubs each year, to verify that all hours you worked have been reported. If hours have not been reported correctly, you should send copies of your check stubs to the Administration Office so that we can adjust your account accordingly. This comparison can also be done each month via the Trust website.

You are required to notify the Administration Office of changes or corrections to the following:

• Birth Date
• Address changes
• Name changes
• Marital Status changes (marriage, divorce, death of spouse)

No, your employer pays contributions for every hour you work (per your collective bargaining agreement) to finance the Plan. No contributions are required by or permitted from you.

• Pre-Retirement Death benefits are dependent upon your age and Vesting Credits at the time of death.
• If you retired prior to your death, any Death benefits will be paid based upon the form of benefit you elected at your retirement.
• Contact the Administration Office for more details on your death benefits.

No, these pension benefits are payable once you reach the age and service requirements and retire. They are generally a monthly benefit payable for your lifetime.

You can apply up to a maximum of 6 months in advance of your retirement date. However, generally we recommend applying 60 days in advance.

The Plan provides a monthly benefit to be paid for your lifetime. Participants who are married at retirement will be offered Spouse Options. If one of the Spouse Options is elected, the monthly amount is reduced based on the ages of you and your spouse to provide your spouse a lifetime benefit following your death.

Depending on your marital status, some or all of the following will be required:

• Birth Certificate or other designated age proof documents (for both you and your spouse)
• Marriage Certificate(s)
• Name change document(s)
• Divorce Decree(s)
• Qualified Domestic Relations Order(s)

It will depend upon the form of payment you elected at the time of your retirement.

No. If you continue to work after attaining Normal Retirement Age (generally Age 57 for benefits earned prior to April 1, 2009 and Age 65 for benefit earn after March 31, 2009) your monthly benefit may be increased due to your age at Retirement. This is called a Deferred Retirement. Contact the Administration Office for more details and to see if you qualify.

This Plan is a defined benefit pension plan.

The Plan Year is January 1st to December 31st.

Distributions you receive from this Plan are taxable income for federal income tax purposes. State income tax may also apply; check with your tax advisor.