Alaska Teamster-Employer
Welfare and Pension Trusts
B.2 Vesting in Your Normal Retirement Age Benefits if You Have Not Been a Participant After June 30, 1999.
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If you have been a Participant and were not in a Break in Service after June 30, 1990 but have not been a Participant after June 30, 1999, you become vested as shown in the following table:
| Years of Vesting Service | Percent Vested |
|---|---|
| Less than 5 | 0% |
| 5 (after June 30, 1990) but less than 10 | 50% |
| 10 or more | 100% |
The Normal Retirement Age vesting rules in Section 3, Vesting, otherwise apply; except where it appears in Section 3.2, Vesting Service, 250 hours is increased to 1,000 hours, and where it appears in Section 3.4, Break-in-Service, 250 hours is increased to 500 hours.