32BJ North Pension Fund

North Pension Fund Summary Plan Description (SPD) >> Modification or Termination of the Plan

It is intended that this Plan will be maintained indefinitely. However, to the extent permitted by law, the Trustees reserve the right to modify or reduce benefits or to change any Plan rule or policy. In addition, the Trustees may amend or terminate this Plan at any time, subject to the collective bargaining agreement or any other agreement between the Union and the employers.

The Trustees have the sole power and discretion to construe the provisions of the Plan. Any construction adopted by the Trustees in good faith is binding on the Union, the employers, Participants and Beneficiaries.

No Guarantee of Employment

Participating in this Plan does not give you the right to be employed by any employer nor does it give you a right or claim to a pension unless specifically provided by the Plan.