I.B.E.W. LOCAL UNION #130 PENSION BENEFITS

1961 - 1997

ONE YEAR OF SERVICE = 1,600 MAN HOURS WORKED

January 1998 or later

ONE YEAR OF CREDIT = 1,000 MAN HOURS WORKED WHICH EARNS $15.00 PER MONTH

MAXIMUM OF 1,600 HOURS CREDITED FOR ANY ONE YEAR = $24.00 PER MONTH

$9.00 DIFFERENTIAL IS PRO-RATED TO HOURS EARNED BETWEEN 1,000 AND 1,600.

See table below

PRIOR TO JANUARY 1, 1961 ----------------- $8.00 X YEARS OF PAST SERVICE PENSION CREDITS

JANUARY 1, 1969 THRU DECEMBER 31, 1975 --- $10.00 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1976 THRU DECEMBER 31, 1978 --- $12.00 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1979 THRU DECEMBER 31, 1980 --- $14.50 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1981 THRU DECEMBER 31, 1994 --- $19,00 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1995 THRI DECEMBER 31, 1995 --- $46.00 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1996 THRU DECEMBER 31, 1997 --- $19.00 X YEARS OF FUTURE SERVICE PENSION CREDITS

JANUARY 1, 1998 OR LATER ----------------- $15.00 X YEARS OF FUTURE SERVICE PENSION CREDITS

Eligible at age 65.