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Non-Contributory Service Benefit Based on Intermediate Employment
If you leave covered employment and later rejoin the Plan after 1986 as part of a new Teamster bargaining unit, you may be eligible for a non-contributory service benefit based on your intermediate employment.
Eligibility
If you leave covered employment at any time and then rejoin the Plan after 1986 as part of a new Teamster bargaining unit, you may be eligible for a non-contributory service benefit based on your employment with your new employer before that employer first started contributing to the Pension Trust. This special period of employment is called intermediate employment.
Up to 10 years of intermediate employment may be recognized. However, if you receive credit for years of past employment under the Plan’s five-year average benefit formula or contribution account benefit formula, the 10-year maximum is reduced by those years of past employment.
The rules on intermediate employment are similar to those for past employment as explained in the previous section. Your Area Administrative Office can provide more information about intermediate employment.
To qualify for a non-contributory service benefit based on your intermediate employment, you must meet all of the following conditions:
- You must rejoin the Plan after 1986 as part of a newly covered Teamster bargaining unit and must work in that unit when it first becomes a covered unit under the Plan, and
- That bargaining unit must never before have been covered under the Plan, and
- You must not have a forfeiture of service while you are away from covered employment.
The formula for calculating a non-contributory service benefit based on intermediate employment is similar to the formula used for calculating a non-contributory service benefit based on past employment. Your Area Administrative Office can provide more information about how this benefit is calculated and whether you qualify.
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