Employee Contributions to the Plan
Before January 1, 1992, your plan required employees to make contributions to the plan to receive plan benefits. Employee contributions to the plan were discontinued as of January 1, 1992. The plan also allowed participants to withdraw their contributions from the plan within 60 days of ending their employment with the company.
If you were employed with Erving Industries before 1992, have not yet withdrawn your contributions or started to receive benefits from the plan, and either (i) were still employed with the company on the date the plan terminated, April 25, 2010, or (ii) ended your employment after February 24, 2010, you may be eligible to withdraw your contributions in a lump-sum payment.
If you meet the conditions above, PBGC will contact you with information on your benefit and notify you of your opportunity to withdraw your employee contributions. You will have the option of electing a lump-sum distribution of your employee contributions at any time prior to your retirement.