Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #1, active participant under age 75

Demographic Information

1. Date of birth 10/27/1979

2. Age at end of month that includes suspension date (July 31, 2018) 38 years 9 months

3. Monthly accrued benefit as of July 1, 2016         $503.40

4. Total accrued benefit payable at normal retirement age*         $605.85

5. Total years of credited service at normal retirement age*               8.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Active

7. Form of payment for pension Not Retired

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $71.28

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $303.88

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $334.27

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $133.40

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $271.58

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $133.40

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]         $133.40

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $370.00

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 119
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #2, retired participant under age 75

Demographic Information

1. Date of birth 03/12/1947

2. Age at end of month that includes suspension date (July 31, 2018) 71 years 4 months

3. Monthly accrued benefit as of July 1, 2016     $1,510.72

4. Total accrued benefit payable at normal retirement age*     $1,510.72

5. Total years of credited service at normal retirement age*               7.00

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Retiree

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]         $215.82

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $250.25

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $275.28

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $400.34

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]     $1,235.44

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $400.34

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]         $400.34

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]     $1,110.38

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 120
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #3, beneficiary under age 75

Demographic Information

1. Date of birth 07/20/1951

2. Age at end of month that includes suspension date (July 31, 2018) 67 years 0 months

3. Monthly accrued benefit as of July 1, 2016         $742.83

4. Total accrued benefit payable at normal retirement age*         $742.83

5. Total years of credited service at normal retirement age*               9.00

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Beneficiary

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $82.54

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $321.75

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $353.93

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $196.85

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $388.90

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $196.85

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]         $196.85

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $545.98

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 121
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #4, retired participant between ages 75 and 80

Demographic Information

1. Date of birth 11/04/1941

2. Age at end of month that includes suspension date (July 31, 2018) 76 years 8 months

3. Monthly accrued benefit as of July 1, 2016         $588.76

4. Total accrued benefit payable at normal retirement age*         $588.76

5. Total years of credited service at normal retirement age*               3.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Retiree

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]         $168.22

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $125.13

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $137.64

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $156.02

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $451.12

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $156.02

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                  40

19. Applicable percentage for age based limitation [(18) / 60]        0.66667

20. Final proposed benefit suspension [(17) x (19)]         $104.01

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $484.75

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 122
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #5, beneficiary between ages 75 and 80

Demographic Information

1. Date of birth 11/15/1941

2. Age at end of month that includes suspension date (July 31, 2018) 76 years 8 months

3. Monthly accrued benefit as of July 1, 2016         $778.84

4. Total accrued benefit payable at normal retirement age*         $778.84

5. Total years of credited service at normal retirement age*             12.75

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Beneficiary

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $61.09

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $455.81

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $501.39

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $206.39

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $277.45

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $206.39

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                  40

19. Applicable percentage for age based limitation [(18) / 60]        0.66667

20. Final proposed benefit suspension [(17) x (19)]         $137.59

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $641.25

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 123
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #6, retired participant over age 80

Demographic Information

1. Date of birth 09/04/1937

2. Age at end of month that includes suspension date (July 31, 2018) 80 years 10 months

3. Monthly accrued benefit as of July 1, 2016         $181.26

4. Total accrued benefit payable at normal retirement age*         $181.26

5. Total years of credited service at normal retirement age*               2.00

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Retiree

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $90.63

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]           $71.50

11. 110% of PBGC guaranteed benefit [(10) x 110%]           $78.65

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]           $48.03

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $102.61

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]           $48.03

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                    0

19. Applicable percentage for age based limitation [(18) / 60]        0.00000

20. Final proposed benefit suspension [(17) x (19)]             $0.00

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $181.26

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 124
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #7, beneficiary over age 80

Demographic Information

1. Date of birth 12/25/1927

2. Age at end of month that includes suspension date (July 31, 2018) 90 years 7 months

3. Monthly accrued benefit as of July 1, 2016           $59.93

4. Total accrued benefit payable at normal retirement age*           $59.93

5. Total years of credited service at normal retirement age*               0.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Beneficiary

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]         $119.86

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]           $17.88

11. 110% of PBGC guaranteed benefit [(10) x 110%]           $19.67

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]           $15.88

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]           $40.26

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]           $15.88

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                    0

19. Applicable percentage for age based limitation [(18) / 60]        0.00000

20. Final proposed benefit suspension [(17) x (19)]             $0.00

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]           $59.93

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 125
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #8, disabled participant

Demographic Information

1. Date of birth 02/04/1941

2. Age at end of month that includes suspension date (July 31, 2018) 77 years 5 months

3. Monthly accrued benefit as of July 1, 2016     $1,884.24

4. Total accrued benefit payable at normal retirement age*     $1,884.24

5. Total years of credited service at normal retirement age*             17.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Disability

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]         $107.67

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $625.63

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $688.19

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $499.32

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]     $1,196.05

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $499.32

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                    0

19. Applicable percentage for age based limitation [(18) / 60]        0.00000

20. Final proposed benefit suspension [(17) x (19)]             $0.00

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]     $1,884.24

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 126
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #9, participant impacted by the 110% of PBGC guarantee limitation between ages 75 and 80

Demographic Information

1. Date of birth 09/23/1938

2. Age at end of month that includes suspension date (July 31, 2018) 79 years 10 months

3. Monthly accrued benefit as of July 1, 2016         $713.34

4. Total accrued benefit payable at normal retirement age*         $713.34

5. Total years of credited service at normal retirement age*             16.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Retiree

7. Form of payment for pension Joint & Survivor Annuity with Pop‐Up Feature

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $43.23

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.18

10. PBGC guaranteed benefit [(5) x (9)]         $580.47

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $638.52

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $189.04

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]           $74.82

15. Is 110% of PBGC guarantee restriction applicable? yes

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** 10.4%

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]           $74.19

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                    2

19. Applicable percentage for age based limitation [(18) / 60]        0.03333

20. Final proposed benefit suspension [(17) x (19)]             $2.47

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $710.87

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 127
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #10, beneficiary impacted by the 110% of PBGC guarantee limitation between ages 75 and 80

Demographic Information

1. Date of birth 03/24/1941

2. Age at end of month that includes suspension date (July 31, 2018) 77 years 4 months

3. Monthly accrued benefit as of July 1, 2016         $439.26

4. Total accrued benefit payable at normal retirement age*         $439.26

5. Total years of credited service at normal retirement age*             11.00

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Beneficiary

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $39.93

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $32.70

10. PBGC guaranteed benefit [(5) x (9)]         $359.70

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $395.67

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $116.40

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]           $43.59

15. Is 110% of PBGC guarantee restriction applicable? yes

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** 9.9%

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]           $43.49

18. Months from age 80 (at suspension date), also zero if benefit is due to disability                  32

19. Applicable percentage for age based limitation [(18) / 60]        0.53333

20. Final proposed benefit suspension [(17) x (19)]           $23.19

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $416.07

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 128
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #11, participant with a benefit less than 110% of the PBGC guarantee

Demographic Information

1. Date of birth 10/21/1946

2. Age at end of month that includes suspension date (July 31, 2018) 71 years 9 months

3. Monthly accrued benefit as of July 1, 2016           $11.75

4. Total accrued benefit payable at normal retirement age*           $11.75

5. Total years of credited service at normal retirement age*               0.75

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Terminated Vested

7. Form of payment for pension Not Retired

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $15.67

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $14.51

10. PBGC guaranteed benefit [(5) x (9)]           $10.88

11. 110% of PBGC guaranteed benefit [(10) x 110%]           $11.97

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]             $3.11

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]             $0.00

15. Is 110% of PBGC guarantee restriction applicable? yes

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** 0.0%

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]             $0.00

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]             $0.00

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]           $11.75

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 129
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #12, retired participant impacted by the 110% of PBGC guarantee limitation less than age 75

Demographic Information

1. Date of birth 03/19/1954

2. Age at end of month that includes suspension date (July 31, 2018) 64 years 4 months

3. Monthly accrued benefit as of July 1, 2016         $508.15

4. Total accrued benefit payable at normal retirement age*         $508.15

5. Total years of credited service at normal retirement age*             10.00

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Retiree

7. Form of payment for pension Single Life Annuity

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]           $50.82

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $357.50

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $393.25

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $134.66

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]         $114.90

15. Is 110% of PBGC guarantee restriction applicable? yes

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** 22.6%

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $114.84

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]         $114.84

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]         $393.31

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 130
Alaska Ironworkers Pension Plan

Application for benefit suspension

Demonstration that limitations on individual suspension are satisfied

Example #13, participant over normal retirement age, not retired, benefit reduction effective at retirement

Demographic Information

1. Date of birth 06/20/1954

2. Age at end of month that includes suspension date (July 31, 2018) 64 years 1 months

3. Monthly accrued benefit as of July 1, 2016     $1,907.29

4. Total accrued benefit payable at normal retirement age*     $1,907.29

5. Total years of credited service at normal retirement age*             12.50

6. Type of participant (retiree, active, terminated vested, beneficiary, disability) Terminated Vested

7. Form of payment for pension Not Retired

Calculation of PBGC Guarantee

8. Plan implied accrual rate [(4) / (5)]         $152.58

9. PBGC guaranteed accrual rate [100% of first $11 of (8) + 75% of (8) between $11 and $44]**           $35.75

10. PBGC guaranteed benefit [(5) x (9)]         $446.88

11. 110% of PBGC guaranteed benefit [(10) x 110%]         $491.57

Calculation of Proposed Suspension

12. Proposed suspension factor (same for everyone) 26.5%

13. Initial proposed benefit suspension [(3) x (12)]         $505.43

14. Maximum suspension allowed under the 110% of PBGC guarantee restriction [(4) ‐ (11)]     $1,415.72

15. Is 110% of PBGC guarantee restriction applicable? no

16. Proposed suspension factor reflecting the 110% of PBGC guarantee restriction [(14) / (3)]** n/a

17. Maximum suspendable benefit [minimum of (3) x (16) and (13)]         $505.43

18. Months from age 80 (at suspension date), also zero if benefit is due to disability n/a

19. Applicable percentage for age based limitation [(18) / 60] n/a

20. Final proposed benefit suspension [(17) x (19)]         $505.43

July 1, 2016 accrued benefit (payable at normal retirement) under Proposed Suspension [(3) ‐ (20)]     $1,401.86

* Includes assumed accruals and service through July 1, 2018 for purposes of determining the PBGC guarantee.

** Results to these formulas were rounded in a manner to ensure the participant benefited from the rounding.

Exhibit 6 AIPT 131