GRADED BENEFIT ACCRUALS

After receiving eight annual benefit payments as explained under The Basic Benefit, the benefit amount no longer increases by the full $110.00. Further potential increases are as follow

 

 

 

 

Single Retiree

 

            Married Retiree*                    Spouse

Year

Increase

 

Basic Benefit

 

Increase

 

Basic Benefit

 

 Survivor Benefit

9

$89

 

$969

 

$71

 

$775

 

    $387.50

10

$73

 

$1,042

 

$58

 

$833

 

    $416.50

11

 

$58

 

$1,100

 

$46

 

$879

 

    $439.50

12

 

$47

 

$1,147

 

$38

 

$917

 

    $458.50

13

 

$37

 

$1,184

 

$30

 

$947

 

    $473.50

14

 

$26

 

$1,210

 

$21

 

$968

 

    $484.00

15

 

$21

 

$1,231

 

$17

 

$985

 

    $492.50

16

 

$16

 

$1,247

 

$13

 

$998

 

    $499.00

17

 

$10

 

$1,257

 

$8

 

$1,006

 

    $503.00

18

 

  $5

 

$1,262

 

$4

 

$1,010

 

    $505.00

 

       Basic Benefits

 

 

 

 

 

* Average J&S Reduction

 

 

For the 19th and later years, there are no further increases to your benefit. You will continue to receive the same benefit for life.

 

The above benefits are for retirees whose Employer contributes $0.40 per hour. If your Employer contributes at a different rate, your benefit may be different.

                                  

                                                WESTERN CONFERENCE OF TEAMSTERS SUPPLEMENTAL BENEFIT PLAN              

 

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Larry Bogue
Roadway Express
       Local 222
Retired Line Driver