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Regional Vice President of Sales The Retirement Plan Company
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'Plan-Related Employment' Results in Suspension of Pension Benefits
Cypen & Cypen Jan. 15, 2008 Excerpt: According to the plan [Wisconsin Carpenters' Pension Fund], the fund may suspend a participant's retirement benefits if he continues or resumes work in a 'plan-related employment,' which is defined as, among other things, employment in an industry involving any business activities in which employees covered by the plan were employed at the time that payment of benefits commenced. A participant's work in plan-related employment will suspend benefits for any calendar month in which the suspendible participant worked 40 or more hours after having worked 400 hours in prior months in such calendar year in plan-related employment as an employee. |
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