2.1 ELIGIBILITY FOR RETIRED PARTICIPANT The Trust does not provide Vision, Accidental Death and Dismemberment, Time Loss, and Vacation Benefits to Retired Participants and their Dependents. An individual is eligible for medical and prescription drug benefits (and dental benefits if the individual is age 65 or older), and life insurance to a limited extent, if the individual: is age 55 or older on his or her retirement date under the Alaska Teamster-Employer Pension Trust (or, if not covered by the Pension Trust, age 55 or older on his or her retirement from his or her Contributing Employer or Employers); and has been credited with at least 20,000 Covered Hours under the Welfare Trust since initial participation under the Plan; and has Covered Hours under the Welfare Trust in at least 12 months out of the last 48 before his or her retirement date under the Pension Trust (or, if not covered by the Pension Trust, 12 months out of the last 48 before his or her retirement from his or her Contributing Employer or Employers); and has made the required self-payments; and has submitted a completed Retired Participant Welfare Trust enrollment application by 31 days after his or her retirement date under the Pension Trust, or by 31 days after losing coverage under this Plan, whichever is later. An individual who is receiving a Disability Retirement Benefit from the Alaska Teamster Employer Pension Plan is eligible for medical and prescription drug benefits (and dental benefits if the individual is age 65 or older), and life insurance to a limited extent, if the individual: is age 52 or older, and has been credited with at least 40,000 Covered Hours under the Welfare Trust since initial participation under the Plan; and has Covered Hours under the Welfare Trust in at least 12 months out of the last 48 before his or her retirement date under the Pension Trust; and has made the required self-payments; and has submitted a completed Retired Participant Welfare Trust enrollment application by 31 days after his or her retirement date under the Pension Trust, or by 31 days after losing coverage under this Plan, whichever is later. An individual who retires under the Rule of 80 provided under the Alaska Teamster Employer Pension Plan, and a Pension Plan retiree who would be eligible to retire under the Rule of 80 under that Plan if his or her employer were participating in the Rule of 80 surcharge, is eligible for medical and prescription drug benefits (and dental if the individual is age 65 or older), and life insurance to a limited extent, if the individual: is age 50 or older on his or her retirement date under the Alaska Teamster-Employer Pension Trust; and has been credited with at least 20,000 Covered Hours under the Welfare Trust since initial participation under the Plan; and has Covered Hours under the Welfare Trust in at least 12 months out of the last 48 before his or her retirement date under the Pension Trust; and has made the required self-payments; and has submitted a completed Retired Participant Welfare Trust enrollment application by 31 days after his or her retirement date under the Pension Trust, or by 31 days after losing coverage under this Plan, whichever is later. The Plan credits Eligible Employees with 173 Covered Hours for each month an Employer contributes to the Plan for work by the Employee under a Flat Rate Contract. This credit applies exclusively for purposes of determining eligibility for benefits as a Retired Participant. Later, an individual can also enroll at age 65 if he or she has worked at least 40,000 Covered Hours under the Welfare Trust. However, an Individual can enroll as a Retired Participant only once. For example, if a Retired Participant stops making the monthly self-payment for any reason other than an exception under “Working While Retired,” the Participant and any Dependents cannot enroll in the Plan again. Effect of Termination of Participation in Trust If an Eligible Employee was working under a Collective Bargaining Agreement when the Employees covered by that Collective Bargaining Agreement voluntarily terminated participation in the Trust, any service as an Employee of that Employer will not be treated as Covered Hours in determining eligibility to become a Retired Participant.