To All Participants:We are pleased to present you with this booklet, describing the ITPEU Pension Plan and its benefits. The Plan complies with the Employee Retirement Income Security Act of 1974 (ERISA), as amended.

The Plan is financed entirely by employer contributions made in accordance with collective bargaining agreements between the Union and Employers.

A summary of the Plan's provisions and a brief discussion of some general facts of interest to you are presented in this booklet. To make all this information as understandable as possible, the booklet was written in clear, straightforward language. A question and answer format has been used. It contains a number of examples that illustrate different features of your Plan. In describing your Pension Plan in brief form, however, it is not possible to explain each and every detail. A complete statement of your rights under the plan is given only in the official text of the Plan which is found in Part III of the booklet.

The Board of Trustees of the ITPEU Pension Fund, as Administrator of the Plan, has engaged a third-party Contract Administrator, ERISA Systems, 67 Walnut Avenue, Suite 105, Clark, NJ  07066, Telephone (908) 276-0800, Fax (908) 276-0810, to handle the day to day administration of the Plan.

The benefits described in this booklet are in effect on the date that this booklet is published.
We suggest that you share this booklet with your family since they may have an interest in the Plan. Keep the booklet for future reference and let members of your family know where this booklet is being kept.

If you have any questions, the Contract Administrator will be happy to answer them.

Sincerely,

THE BOARD OF TRUSTEES