Alaska Teamsters-Employers Welfare and Pension Trusts Home Page Alaska Teamsters-Employers Welfare and Pension Trusts Home Page
Clear explanations and comparisons of your health benefits
Online health forms
Find providers in your area
Frequently Asked Questions and Answers
Online summary plan booklet
Useful health related sites
Clear explanations and comparisons of your pension options
Online pension forms
Frequently Asked Questions and Answers
Online summary plan booklet
Helpful, categorized retirement links
Online Guide to Life Events
An index of site contents
Information about the Trusts
Alaska Teamsters-Employers Welfare and Pension Trusts Home Page
 
Alaska Teamsters-Employers Welfare and Pension Trusts Home Page
     Home → Pension → SPD → 10. Suspendible Employment

      

10. SUSPENDIBLE EMPLOYMENT

If you work 40 or more hours per month in Suspendible Employment after retirement and are not receiving benefits under Section 4.5, When Payments Are Mandatory, you will forfeit your right to benefits for those months. In addition, you will not receive the increase for deferred retirement explained under Section 4.4, Deferred Retirement if you work in Suspendible Employment 40 or more hours per month beyond your Normal Retirement Age.

When it is not possible to determine the actual number of hours you worked in Suspendible Employment in a month, you will be deemed to have worked 40 or more hours where you receive payment for any hours worked on eight or more days in that month.

If the Suspendible Employment is Covered Employment, benefit accruals earned during that employment are paid at the later of your subsequent retirement or when you reach age 65. See Section 5.8, Return to Covered Employment.


      

 

 
Features:
Search Site:
©Alaska Teamster-Employer Service Corporation, 2002-2006, powered by MultiEmployer.com