• The Pension Fund is a trust fund set up to provide retirement benefits to employees working under the jurisdiction of the Sheet Metal Workers’ International Association, Local No. 73.
  
  
• There is no compulsory retirement age under this Plan.
  
  
• The Pension Plan provides several types of monthly pensions for Sheet Metal Workers who retire from covered employment. They are:
  
  
• A Regular Pension
• An Early Retirement Pension
• A Deferred Pension
• A Disability Pension
• A Rule of 95 Pension
• A Pro-Rata (Reciprocal) Pension
  
  
• The monthly pension amount payable is based on the benefit accrual rate in effect when an employee separates from covered employment, the number of full pension credits and Special Service Credits earned by an employee and the type of pension.
  
  
• The Plan also provides a Level Income (Social Security) Option and a Partial Lump Sum Option
  
  
• Post-retirement survivor benefits
  
• In certain instances, survivor benefits may also be payable if an employee dies before retirement.
  
  
• All pension benefits from the Plan are in addition to any amounts that a retired employee may receive under the Social Security Law or any other retirement benefit plan.
  
  
• An appeal procedure is provided for a person who seeks review of their benefits.