SUP Money Purchase Pension Plan
All active members who participate in the SUP Money Purchase Pension Plan will soon be receiving a Summary Annual Report of the Plan. This report will be mailed to your address on file. The SUP Welfare Plan Inc. is required by law to notify all participants of the basic financial statement of the Money Purchase Plan as well as notifying you of your legal rights to additional information on the Plan.
The basic financial statement will include Plan expenses, increases in assets, and employer contributions for the fiscal year ending July 31, 2002. This letter will not contain information on your own personal Money Purchase Plan account. The annual statement with your balance and earnings for the fiscal year ending July 31, 2003 will be sent to you in October as has been past practice.
Welfare Office travels to Branch Meetings
SUP Welfare Representative Rich Reed will be in attendance at the monthly branch meetings as follows: Seattle July 21; Honolulu September 22; Wilmington October 20.
This will give active members and retired members a chance to discuss issues one-on-one with the Welfare Plan. This is an opportunity to talk about your medical and dental benefits as well as 401(k) Plan, and the Money Purchase Pension Plan. If you have questions on claims or reimbursements, please feel free to bring in receipts and any documentation you have.