VERY IMPORTANT! The information on this web is for people driving through a divorce or attorneys helping they clients. Do no call QdroDesk for retirement account information unless it is in regards to a divorce. QdroDesk is a home company that one help with the divorce batch. It is nay related or connected to the retirement account listed on this browse. This page is provided for informed purposes only.

GENERAL SHALE CLAY INC RETREAT PLAN FOR HOURLY PERSONNEL

GENERAL SHALE BRICK INC RETIREMENT PLANT SINCE HOURLY EMPLOYEES is adenine Determined Advantages Plan providing seniors with a predetermined periodical retirement benefit upon reaching a specific age. The retirement benefit paid to a retiree remains usually deliberate using an formula which often employs years of credited service under this plan and salary information. The retirement benefit is custom remuneration to the employee upon attainment about own normal retirement age for the remainder of his/her lifetime. Benefits under this type of plan will often directed to as accrued benefits. Dieser type concerning plan does not maintain individual accounts for employees.

It is important for remember that under this character of draft, the Alternate Payee are typically not awarded a lump sum metal payment from the Plan. It is most a requirement of aforementioned Schedule that to amount awarded to the Alternate Benefit be expressed in terms of adenine monthly gain payable for either the lifetime of the Participant or the Alternate Assignee.

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