You are covered by the ABC-NABET Retirement Trust Plan if you are a regular employee of the Company subject to the terms and conditions of the collective bargaining agreement between the Company and the Union providing for contributions to this Pension Fund. In addition, employees who were described in Stipulation 19 to the 2007-2011 collective bargaining agreement between the Company and the Union are covered by the Plan during the periods that their employment was governed by Stipulation 19. When this booklet refers to "bargaining unit employment," it means employment with the Company that is covered under the Plan, as described in this paragraph.
Non-regular employees are not considered employees eligible for participation in this Plan. Non-regular employees are employees who are subject to the terms and conditions of the collective bargaining agreement, but to whom the retirement provisions of the collective bargaining agreement do not apply. Vacation relief employees, daily hire employees and temporary employees are examples of non-regular employees.
You become a Plan participant on the first day of the month following the date you become an employee eligible for Plan coverage, as described above.
When this booklet refers to "you," it assumes that you are an employee eligible to participate in the Plan.
Regular employees covered by the NABET-ABC Master Agreement hired after December 31, 2012 shall not be eligible to participate in the Plan except for the following:
- Vacation Relief Employees in the "A" Engineering Unit and Waived Temporary Employees in the "K" Newswriter/Desk Assistant Unit at WLS-TV on the payroll as of December 31, 2012 shall be entitled to participate in the Plan if such employee is subsequently hired directly into a regular position; and
- Participants who have left the Company but return as regular Employees, and whose accrued benefit related to their prior service under the Plan has not been forfeited as a result of their break in service are allowed to return to active participation in the Plan.