Contributory Credit for Calendar Years 

1976 to Present

Contributory Credit is granted on the basis of Hours of Service in a calendar year for which a Contributing Employer has an obligation to contribute to the Pension Fund in accordance with the terms of its Collective Bargaining Agreement.

One year of Contributory Credit is granted for each calendar year in which a participant accumulates 1,800 or more Hours of Service. If a participant accumulates less than 1,800 Hours of Service in any Calendar Year after 1975, he is granted months of Contributory Credit in accordance with Table 14 below. No Credit is granted for less than 375 Hours of Service in a Calendar Year, except as noted below.

Table 14

Hours of Service in Calendar Year   Months of Contributory Credit For Calendar Year
Less Than 375 0
375 - 449  2
450 - 599 3
600 - 749 4
750 - 829  5
830 - 999 6
1,000 - 1,149 7
1,150 - 1,299 8
1,300 - 1,499 9
1,500 - 1,649 10
1,650 - 1,799 11
1,800 + 12

Note: In the period January 1, 1976 through December 31, 1979, Pension Credit will be granted as follows in lieu of that portion of Table 14 shown above.

Hours of Service in Calendar Year  

Months of Contributory Credit For Calendar Year
Less Than 150 0
150 - 299  1
300 - 449 2

 

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United We Stand

2005 New England Teamsters & Trucking Industry Pension Fund
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