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Pension Plan - Eligibility Requirements


You become eligible to receive a contribution from the Pension Plan as of the first pay period following the date on which you complete one year of Eligibility Service (and are an eligible associate).
  • You complete a year of Eligibility Service if you complete at least 1,000 hours of service in the first 12-consecutive-month period from your date-of-hire.
  • If you don’t complete 1,000 hours of service during the first 12-consecutive-month period from your date of hire, you earn a year of Eligibility Service when you complete 1,000 hours of service during any subsequent calendar year (January 1-December 31).

Once you receive your initial Pension Plan contribution, you will qualify for a contribution each calendar year in which you work at least 1,000 hours. If you retire at age 55 or older, your Pension Plan account will be credited with a contribution for the year in which you retire even if you do not meet the 1,000-hour requirement for the year.