In general, you may receive a distribution from the Fund when you become eligible at early or normal retirement age under the Plan. Your Early Retirement Date is the first day of the month coincident with or next following your 55th birthday. Your Normal Retirement Date is the first day of the month coincident with or next following your 65th birthday. You are also eligible for a distribution when you become disabled. Under the Plan, disability occurs when you are permanently incapacitated such that you can no longer be gainfully employed in the Electrical Industry.

Even if you do not qualify for a distribution under Early or Normal Retirement you may receive a distribution from the Fund if you have not worked for a contributing Employer for at least twelve (12) consecutive months. The Trustees may pay out the value of your Account in one lump sum if such value does not exceed $1,000. If the value of your Account at such time exceeds $1,000, you shall be eligible to apply for a distribution of your Account.