Common use of Work Restriction Clause in Contracts

Work Restriction. The Retiree Plan is a Retiree Only Plan under ERISA § 732(a), therefore, an individual and his or her Spouse and Dependents are not eligible for payment of Benefits under this Plan for any time that the individual is a current employee.

Work Restriction. The Retiree Plan is a Retiree Only Plan under ERISA § §732(a), therefore, an individual and his or her Spouse and Dependents are not eligible for payment of Benefits under this Plan for any time that the individual is a current employeeemployee for an employer in the Sheet Metal Industry. This includes if you continue to work and begin drawing a voluntary or mandatory (because of your age) in-service pension.