There are a few special provisions that apply only to the savings program and pension plan.

Maximum Benefits
Federal tax laws impose certain limitations on the benefits and contributions under qualified retirement plans.  These limitations generally apply only to highly compensated employees.  You will be notified if these limitations apply to you.  More information is available from the Benefit Plans Office.

Top-Heavy Provisions
Under current tax law, the pension plan and savings program are required to contain provisions that apply in the event that a significant portion of the plan’s benefits are payable to highly compensated employees.  These provisions – called "top-heavy" rules – provide for accelerated vesting of plan benefits and certain minimum benefit accruals in the event the plans become top-heavy.  The plans are not top-heavy now.  Therefore, the top-heavy rules are not likely to affect your benefits under the plans.
A more detailed explanation of the provisions will be provided if and when these plans become top-heavy.

Loss of Retirement Benefits
Other than failing to meet the age and service requirements for a benefit, there are no plan provisions which would cause you to forfeit your pension plan benefits.  Under the savings program, you are always 100% vested in your own contributions and you become 100% vested in Company matching contributions after you complete three years of credited service.  After three years of credited service, you are fully vested in your Company matching contributions in the savings program, but the investment choices you make will affect that balance.

Assets Upon Termination
If the savings program terminates, participants’ accounts will be distributed after plan expenses are paid.  The trustee will make account distributions as instructed by the plan administrator.

Any assets remaining in the pension plan after all liabilities to participants and beneficiaries are satisfied, and after all expenses are paid, will revert to the Company.

Pension Benefit Guaranty Corporation
Your pension benefits under the pension plan are insured by the Pension Benefit Guaranty Corporation (PBGC), a federal insurance agency.  If the plan terminates (ends) without enough money to pay all benefits, the PBGC will step in to pay pension benefits.  Most people receive all of the pension benefits they would have received under their plan, but some people may lose certain benefits.

The PBGC guarantee generally covers: (1) normal and early retirement benefits; (2) disability benefits if you become disabled before the plan terminates; and (3) certain benefits for your survivors.

The PBGC guarantee generally does not cover:

• benefits greater than the maximum guaranteed amount set by law for the year in which the plan terminates
• some or all of benefit increases and new benefits based plan provisions that have been in place for fewer than 5 years at the time the plan terminates
• benefits that are not vested because you have not worked long enough for the Company
• benefits for which you have not met all of the requirements at the time the plan terminates
• certain early retirement payments (such as supplemental benefits that stop when you become eligible for Social Security) that result in an early retirement monthly benefit greater than your monthly benefit at the plan’s normal retirement age

  and

• non-pension benefits such as health insurance, life insurance, certain death benefits, vacation pay, and severance pay.

Even if certain of your benefits are not guaranteed, you still may receive some of those benefits from the PBGC depending on how much money your plan has, and on how much the PBGC collects from employers.

For more information about the PBGC and the benefits it guarantees, ask the plan administrator or contact the PBGC’s Technical Assistance Division, 1200 K Street N.W., Washington, D.C. 20005-4026, or call 202-926-4000 (not a toll-free number).  TTY/TDD users may call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 202-326-4000.  Additional information about the PBGC’s pension insurance program is available through the PBGC’s website on the Internet at http://www.pbgc.gov.

Assignment or Alienation of Benefits
Except as required by applicable law (such as a qualified domestic relations order), benefits provided under the pension plan and savings program are not subject to assignment, alienation, attachment, lien, garnishment, levy, pledge, bankruptcy, execution, or any other form of transfer.

Qualified Domestic Relations Order
A qualified domestic relations order (QDRO) is a legal judgment, decree, or order that recognizes the rights of another individual under the savings program or pension plan with respect to child or other dependent support, alimony or marital property rights.

In the event of a QDRO, benefits under the pension plan and savings program may be payable to someone other than your designated beneficiary to satisfy a legal obligation you may have to a spouse, former spouse, child or other dependent.  Your pension plan or savings program benefits will be reduced by the benefits payable under the QDRO to someone else.

There are specific requirements which a domestic relations order must meet to be recognized by the Plan Administrator as a QDRO, and specific procedures regarding the amount and timing of payments.  If you are affected by such an order, you will be notified by the Benefit Plans Office.  Participants and beneficiaries may obtain, without charge, a copy of the plan’s procedures governing QDROs from the Plan Administrator.