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IUOE Local 324 Retirement Trust Funds
Annuity
FAQ
Annuity FAQ
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Annuity FAQ
Frequently Asked Questions
Annuity
Q.
When do I become eligible for benefits?
A.
You are eligible upon employment.
Q.
When can I start Participating in the Plan?
A.
You can begin participating in the Plan when Employer Contributions are made to the Fund on your behalf or when you elect to participate by voluntary execution and filing a written elective deferral agreement.
Q.
What is a Plan Year?
A.
A 12-month period beginning on January 1 and ending on December 31.
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