Other Retirement Income
Any benefits due you (or your survivor, if you die before retirement) from the pension plan will be reduced by the amount (or the actuarial equivalent, if appropriate) of any retirement benefit payable from any of the following sources, provided the benefit is related to service recognized under this pension plan, and is attributable to contributions made by a Department of Energy contractor:

• any other private plan
• any retirement or separation benefit payable under the law of any foreign government
• any public pension other than military or Social   Security for which you received credit for Company Service.

The reduction will be made under rules which will apply uniformly to all affected employees.  If your pension is to be reduced because of this provision, you will be given a full explanation at the time your pension benefit is calculated.

Withholding Taxes
Under federal tax law, federal income taxes must be withheld from plan payments - unless you elect otherwise.  You may contact the Benefit Plans Office for more information about tax withholding.

Direct Deposit of Payments
Your pension payments will be directly deposited into the bank of your choice.

Change of Address
It is important that you notify the Company of any change in your address while you are a participant in the plan and after you retire, so you will be assured of receiving benefit communications which the Company may send to you, including your annual tax information.

 

Administrative Information Information about the administration of your retirement benefits can be found in the section entitled “Administrative Information.”