Events that Affect Participation

It is important that you understand how your Supplemental Retirement & Savings Plan benefits are affected if you turn age 59 1/2, become totally disabled, take a leave of absence.

When You Turn Age 59 1/2

When you reach age 59 1/2, you have full access to the funds in your Supplemental Retirement & Savings Plan.  You may transfer or withdrawal funds without penalty.

If You Become Totally Disabled

If you should become totally disabled, you will be eligible to make a hardship withdrawal from the balance in your Supplemental Retirement & Savings Plan.

If You Take a Leave of Absence

If you are granted a leave of absence at full or partial pay, your normal contributions to the plan will continue.

Your contributions will stop if you are granted an unpaid leave of absence. However, they will start again, automatically, with the first paycheck you receive when you return.

Remember, if you leave work for any reason for a prolonged period of time, you should always contact Human Resources to ask what effect your absence may have on your benefits plans.