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. 10
TO THE
SOUTHERN CALIFORNIA IBEW-NECA PENSION PLAN

Pursuant to Section 10.1 of the Plan, the Board of Trustees may amend the Plan. Upon adoption copies of this Plan Amendment shall be distributed as provided in Section 10.3 of the Plan.

This Plan Amendment neither increases nor decreases any benefit available under the Plan nor does it add to or delete any benefit option available under the Plan.

The Board of Trustees have been advised and agree that this Plan Amendment would assist in a more efficient day to day administration of the Plan. Nothing in this Plan Amendment shall be construed as increasing or decreasing benefits available under the Plan or the benefit options available under the Plan.

NOW THEREFORE, the Plan is amended as follows:

(1) Section 5.2 of the Plan is amended by deleting the reference to “Section 8.2” and inserting in its stead a reference to “Article 8”.

This Plan Amendment was authorized by action of the Board of Trustees, is effective upon execution, is consistent with the Plan as administered and is executed this 31st day of July, 2020 at Commerce, California.

By: Signature on File
Chairman

By: Signature on File
Secretary