means the Board of Trustees of the Construction Workers Local 1 Pension Trust.II.2 Collective Bargaining Agreement means any labor agreement now or
hereafter in effect between a Union and an Employer, whether as a member of an Employer Association or otherwise, which requires an Employer to make contributions to the Construction Workers Local 1 Pension Trust for
the benefit of its covered Employees, and any extensions, amendments, modifications or renewals thereof, or any substitute or successor agreements thereto.
II.3 Covered Hours of Employment means the
hours of employment of any Employee with respect to which an Employer contribution is paid or payable.
II.4 Credited Future Service means the period of service of an Employee for which Employer
contributions are paid or payable on or after January 1, 1970.
II.5 Credited Past Service means the period of service of an Employee prior to the effective date of the Plan, credited under this Plan
in accordance with Article VI, Paragraph 6.02 or 6.03.
II.6 Credited Service means the sum of an Employee's Credited Past Service, if any, and his Credited Future Service.
II.7 Construction Workers Local 1 Pension Trust or Trust Agreement means that certain trust agreement entered into as of January 1, 1970, between the Construction Contractors Association, and Local 1, Construction
Workers Union, AFL-CIO, and as may hereafter be amended from time to time.
II.8 Effective Date of Coverage means January 1, 1970, or such later date as an Employee's Employer first becomes obligated
to make contributions to the Construction Workers Local 1 Pension Trust if his Employer was not subject thereto on January 1, 1970. Such term shall be used only for purposes of determining eligibility for and
calculation of Credited Future Service.
II.9
Employee means a person employed within a bargaining unit of employees of an Employer which is represented by a Union, and any other person who performs one or more hours of work of the type covered by a Collective Bargaining Agreement or by any other agreement which obligates his Employer to make contributions to the Construction Workers Local 1 Pension Trust.
II.10 Hour of Service means the following:
(1) An hour for which an Employee is paid or entitled to payment for the performance of duties for an Employer during the applicable
computation period; and
(2) An hour for which back pay, irrespective of mitigation of damages, is either awarded or agreed to by the Employer.
For purposes of applying the above definition of Hour of
Service, the following rules shall apply:
(1) An Hour of Service shall not be credited under both (a) and (b) above.
(2) No Hours of Service prior to the Effective Date of the Plan shall be
granted to any Participant except for periods for which Credited Past Service is awarded.
(3) Only those hours for which Credited Service is awarded plus those hours during which contiguous non-covered
service with the same Employer is being completed shall be counted.
II.11 Participant means any Employee, or anyone else, either of whom has accumulated at least one Hour of Service under the Plan;
provided however no
one shall be deemed a participant at the end of any Plan Year if he or she has not to that date accumulated at least 500 Hours of Service in any one Plan Year which have not been lost
because of a break in service.
II.12 Pensioner means any Employee who has terminated his employment and is receiving pension benefits hereunder.
II.13 Plan means this Pension
Plan, together with all amendments which may hereafter be adopted by the Trustees.
II.14 Plan Year means a twelve-month period commencing June 1, 1970, and ending December 31, 1970, and each
twelve-month period ending December 31st thereafter.
II.15 Qualified Spouse means a person to whom an Employee is married as of the date of his or her death.
II.16 Trust Fund
means all property held by the Trustees pursuant to the Trust Agreement.
II.17 Trustees means the Board of Trustees which holds the Trust Fund and administers this Plan under the provisions of the
Trust Agreement and this Plan, as the same may be amended from time to time.
II.18 Year of Service means a Plan Year in which a Participant earns at least 1000 Hours of Service.
