DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

EXHIBIT 18
































































































DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

EXHIBIT 19
APPENDIX F

REHABILITATION PLAN FOR THE

NEW YORK STATE TEAMSTERS CONFERENCE

PENSION AND RETIREMENT FUND

Effective January 1, 2011

Amended and Restated January 1, 2015

I. INTRODUCTION

Under the Pension Protection Act of 2006 (“PPA”), a multiemployer pension plan’s actuary must

certify a plan’s funded status for a plan year within 90 days after the start of that plan year.

As indicated in the April 30, 2012 Notice of Critical Status, the actuary for the New York State

Teamsters Conference Pension and Retirement Fund (the “Plan” or “Fund”) has certified the

Plan as remaining in “critical status” (sometimes referred to as the “red zone”) for the Plan Year

beginning January 1, 2012. The Fund’s Board of Trustees (the “Trustees”), as the plan sponsor

of a critical status pension plan, timely adopted a Rehabilitation Plan on May 6, 2010. As

required by law, the Trustees review the Rehabilitation Plan annually and update it periodically.

Effective June 1, 2012, the Rehabilitation Plan was amended to include a new Schedule F.

Effective January 1, 2013, the Trustees are adding a new Alternative Schedule G for certain

Employers.

A Rehabilitation Plan contains one or more schedules showing revised benefits, contributions, or

both, that are designed to have the Fund emerge from critical status by the end of the ten-year

rehabilitation period as defined by the PPA, or where that is not reasonable, to emerge from

critical status at a later time or to forestall possible insolvency (the “Schedule” or “Schedules”).

The Trustees must provide the Schedule or Schedules to the Fund’s Contributing Employers,

Local Unions, and other parties responsible for bargaining over agreements requiring

contributions to the Fund (“Bargaining Parties”). Trustees of plans in critical status must

include one Schedule for reductions in the amount of future benefit accruals and other benefits

necessary to allow the plan to emerge from critical status, assuming no contribution increases

other than those necessary after future benefit accruals and “Adjustable Benefits” (described

below) have been reduced as much as possible under the law (the “Default Schedule”). A

Rehabilitation Plan may also include an additional schedule or schedules.

Each Rehabilitation Plan schedule must reduce or eliminate “Adjustable Benefits” to the extent

necessary to meet the legal requirements of the PPA. Adjustable Benefits include: (1) any early

retirement benefit or retirement-type subsidy and any benefit payment option (other than the

qualified joint and survivor annuity); (2) benefits and features, including post-retirement death

benefits, disability benefits not in pay status, and similar benefits; and (3) benefit increases

adopted or effective fewer than 60 months before a plan entered critical status.
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Effective April 30, 2010, the Fund ceased making all lump sum payments (except those less than

or equal to $5,000 under Section 6.08 of the Plan document) as required by law, and the

elimination of all such lump sum payments under the Plan shall continue under this

Rehabilitation Plan.

The Trustees have the power, authority, and discretion to amend, construe and apply the

provisions of this Rehabilitation Plan including the Schedules.

II. TRUSTEES’ DETERMINATION TO UTILIZE ALTERNATIVE MEASURES TO

EMERGE FROM CRITICAL STATUS

Under the PPA, a Rehabilitation Plan is intended to enable a pension fund to emerge from

critical status by the end of its rehabilitation period. The PPA, however, provides the Board of

Trustees with an alternative option if it “determines that, based on reasonable actuarial

assumptions and upon exhaustion of all reasonable measures,” the fund is not reasonably

expected to emerge from critical status by the close of the plan’s rehabilitation period. In such

case, the trustees are permitted to adopt a Rehabilitation Plan that includes reasonable measures

designed to allow the pension fund to emerge from critical status at a later time or forestall

possible insolvency under Section 4245 of the Employee Retirement Income Security Act of

1974, as amended (ERISA).

After consideration of various alternatives and exhaustion of all reasonable measures, the

Trustees have determined that it would not be reasonably possible for the Fund to emerge from

critical status under the PPA by the end of its rehabilitation period. This conclusion is based on

the advice and recommendation of the Fund’s actuaries and their use of reasonable actuarial

assumptions.

A. Alternatives Considered

The Trustees considered numerous alternatives (including combinations of contribution

rate increases and benefit adjustments) that were projected to enable the Fund to emerge from

critical status by the end of its rehabilitation period. The Fund’s actuary projected that in order

for the Fund to emerge from critical status by the end of its rehabilitation period, the Trustees

would need to adopt a schedule (or a similar schedule) that would require a minimum

contribution rate increase of more than 20% each year through 2022, even with the maximum,

legally-required benefit reductions for all Participants and assuming the contribution increases

did not generate future benefit accruals.

B. Rationale for Rejecting Alternatives

After careful consideration, the Trustees concluded that utilizing any and all possible

measures to emerge from critical status by the end of the Fund’s rehabilitation period would be

unreasonable and would involve considerable risk to the Fund and to Participants. The Trustees

determined that adopting a Rehabilitation Plan that would require the Fund’s Contributing

Employers to increase their contribution rates at levels of more than 20% each year through 2022

would likely result in a significant number of employer withdrawals from the Fund and an
3

increase in employer bankruptcy filings, further jeopardizing its funding status. In making these

determinations, the Trustees considered, among other things, the financial conditions of many

contributing employers, noting in particular that the second largest group of contributing

employers, YRC Worldwide, Inc. companies, is experiencing serious financial difficulties.

III. DESCRIPTION OF SCHEDULES

A. Introduction

The Rehabilitation Plan as of January 1, 2013 includes a Default Schedule and seven

Alternative Schedules (A – G). A Participant may qualify for benefits under one or more of the

Schedules. A Participant who qualifies for benefits will select a benefit commencement date and

form of payment for his entire benefit. Once benefits commence, no changes are permitted to be

made with respect to the timing or form of payment and a Participant may not defer any portion

of that benefit until a later date.

1. Selection and Approval of a Schedule

Until one of the Schedules in this Rehabilitation Plan takes effect with respect to a

Contributing Employer, the current Schedule continues to apply. Prior to negotiations, the

Bargaining Parties must request in writing from the Fund Office contribution rate sequences that

will conform to one of the Schedules. Subsequent to negotiations, the Bargaining Parties must

submit all contribution rate sequences in any renewal or extension of a collective bargaining

agreement or other agreement requiring contributions to the Fund (“CBA”) to the Fund Office

for approval. Subject to the sole discretion of the Trustees, a Schedule is adopted when the

Trustees receive substantiation that a CBA includes terms consistent with the requirements of a

Schedule. In general, the Trustees will consider the Bargaining Parties to have adopted a

particular Schedule, and will consider the terms of a CBA to be consistent with this

Rehabilitation Plan, when a CBA is adopted in accordance with the Schedule’s requirements.

Notwithstanding the foregoing, as always, regardless of whether or not a CBA complies with the

Rehabilitation Plan, the Trustees reserve the right to reject a CBA that is determined to be

detrimental to the actuarial soundness of the Fund.

Notwithstanding anything herein to the contrary, effective January 1, 2013, the monthly amount

of any Early, Thirty Year, or Vested Pension for an Employee who first becomes an Active

Participant on or after October 15, 2009 and before January 1, 2013, will be the greater of such

Participant’s accrued benefit as of December 31, 2012, payable as a monthly benefit at age 65,

and reduced by 6% for each year the benefit commences before age 65; and the Early, Thirty

Year, or Vested Pension calculated in accordance with the applicable Alternative Schedule,

based upon such Participant’s Credited Service as of the Benefit Commencement Date.

2. Adjustable Benefits

Effective January 1, 2011, the following Adjustable Benefits were eliminated for

all Participants:
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a) The Regular Pension (age 60);

b) Disability Benefits, including the Disability Pension and Lump

Sum Disability Benefit;

c) Death Benefits, including but not limited to, the Lump Sum Death

Benefit and 60-month pre-retirement death benefit;

d) Supplemental Social Security Benefit – Participants shall not earn

any future accruals towards this benefit on or after January 1,

2011; and

e) All Reciprocal Pensions to the extent any such pension is tied to

one or more of the Adjustable Benefits listed above.

Effective January 1, 2011, Participants covered under the Default Schedule also had the

following Adjustable Benefits eliminated:

a) The Thirty-Year Pension;

b) As of October 1, 2007, the benefit accrual rate of 1.3 percent of

Employer Contributions was increased to 1.73 percent following

the earlier of: (i) the midpoint of the period between a Participant’s

Unreduced Retirement Date and the Participant’s Unreduced

Social Security Retirement Date; or (ii) 5 years following a

Participant’s Unreduced Retirement Date (“Supplemental Accrual

Rate”). This Supplemental Accrual Rate is eliminated for any

accruals earned on or after January 1, 2011.

c) The following Benefit Payment options:

1) Five Year Certain Annuity;

2) Ten Year Certain Annuity;

3) Qualified 100% Joint and Survivor Annuity;

4) 50%, 75% and 100% Joint and Survivor Annuity with PopUp.

5) Voluntary lump sum payments equal to $5,000 or more.
5

Notwithstanding these benefit eliminations, there have been no changes to the Normal Pension

benefit, and nothing shall be construed to reduce the level of a Participant’s accrued benefit

payable at Normal Retirement Age.

3. Thirty-Year Pension and Special Transition Benefit Under

Alternative Schedules A-F

a. Age Requirement For Thirty-Year Pension

A Participant who has not begun receiving benefits by December 31, 2010

will not be able to retire with an unreduced Thirty-Year Pension solely due to the accrual of 30

years of Credited Service. However, Participants will be eligible to receive an unreduced ThirtyYear Pension upon attaining a certain age prior to retirement (“Unreduced Age”) in addition to

accruing 30 years of Credited Service. The Unreduced Age for each Schedule is described

below.

b. Transition Benefit

Generally, if a Participant retires with 30 years of Credited Service but

prior to the attainment of the Unreduced Age applicable to his or her Schedule, that Participant’s

benefits will be reduced accordingly (as described under each Schedule). However, all of the

Alternative Schedules provide a transition benefit. Under the transition benefit, Participants with

at least 25 years of Credited Service as of January 1, 2011 who retire after earning at least 30

years of Credited Service but prior to attaining the applicable Unreduced Age will not have their

Thirty-Year Pension benefit reduced by as much as otherwise described under each Schedule.

Such Participants will have the following early reduction factors applied to their benefit:

Years of Service

as of January 1, 2011

Reduction Per Year

from Unreduced Age

30 0%

29 1%

28 2%

27 3%

26 4%

25 5%

4. The Extent to Which Contribution Rate Increases Impact Accruals

As described below, contribution rate increases under each of the Schedules,

except for Schedules F and G, are either “non-benefit bearing” or “one-percent (1%) bearing.”

Non-benefit bearing means that the contribution rate that is used to calculate benefits for each

year in the future shall be the contribution rate in effect in 2010. Any subsequent contribution

rate increases will not be taken into account for the purpose of calculating future benefit accruals.

One-percent (1%) bearing means that the contribution rate that is used to calculate benefits for
6

each year in the future shall be the contribution rate in effect in 2010, increased by one-percent

(1%) for each year beyond 2010.

Regardless of this distinction, any contribution rate increases above those required by a specific

Schedule will be “benefit bearing,” which means that all of the contributions above those

required under a Schedule shall be multiplied by the percentage provided under the specific

Schedule to calculate future benefit accruals for the Normal Pension. In accordance with Section

305(f)(1)(B) of ERISA, such an increase in benefit accruals is paid for out of additional

contributions not contemplated by the Rehabilitation Plan, and the Fund’s actuary has certified

that these additional contributions improve the Fund’s actuarial measures after taking their

benefit bearing nature into account.

Contributions made under Schedule F are 100% benefit bearing. Contributions under Schedule

G are .25% benefit bearing; however, no future rate increases required under Schedule G are

non-benefit bearing.

The Schedules adopted by the Trustees as of January 1, 2013 are set forth below. Unless

otherwise indicated, all capitalized terms used in these Schedules shall have the definitions and

meanings assigned to them in the Plan.

B. Rehabilitation Plan Schedules

1. Default Schedule

The Default Schedule shall apply to Participants whose Contributing Employers

agree to comply with this Default Schedule (or who become subject to the Default Schedule

imposed by law due to a failure to achieve an agreement to accept any of the Alternative

Schedules within the time period prescribed by Section 305(c)(3)(C) of ERISA).

a. Contributions

Compliance with the Default Schedule requires the Contributing

Employer’s contribution rate to increase by 6.00% annually.

b. Future Benefit Accruals

For Participants covered under the Default Schedule, the future benefit

accrual for the Normal Pension will be 1.0% of the Employer Contributions required to be made

on behalf of the Participant. However, increases in a Contributing Employer’s contribution rate

required under the Default Schedule will be non-benefit bearing.

c. Adjustable Benefits

Participants covered under the Default Schedule shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. In addition, the Early and Vested

Pensions shall equal the Actuarial Equivalent of the monthly amount of the Normal Pension to
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which a Participant would have been entitled upon attaining age sixty-five (65) based upon his

Credited Service as of the date of his early retirement.

2. Alternative Schedule A

a. Contributions

Compliance with Alternative Schedule A requires the Contributing

Employer’s contribution rate to increase by 6.00% annually.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule A, the future benefit

accrual for the Normal Pension will be 0.30% of the Employer Contributions required to be

made on behalf of the Participant. However, increases in a Contributing Employer’s

contribution rate required under Alternative Schedule A will be non-benefit bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule A shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. The Supplemental Accrual Rate

is also eliminated under Alternative Schedule A for any accruals earned on or after January 1,

2011. In addition, the Early and Vested Pensions shall equal the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age sixty-five (65) based upon his Credited Service as of the date of his early

retirement.

Participants with at least 25 years of Credited Service as of January 1, 2011 will be eligible for

the transition benefit and will have their Thirty-Year Pension reduced by the transition benefit’s

early reduction factors based on an Unreduced Age of 65. For example, if a Participant who had

earned 28 years of Credited Service by January 1, 2011 is covered by Alternative Schedule A

and begins receiving benefits at the age of 60 after having earned 30 years of Credited Service,

that Participant’s benefits will be reduced by 10% (2% x 5 years) – rather than being reduced by

approximately 42% as they would be for an Early Pension benefit.

3. Alternative Schedule B

a. Contributions

Compliance with Alternative Schedule B requires the Contributing

Employer’s contribution rate to increase by 6.50% annually.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule B, the future benefit

accrual for the Normal Pension will be 0.50% of the Employer Contributions required to be
8

made on behalf of the Participant. However, increases in a Contributing Employer’s

contribution rate required under Alternative Schedule B will be non-benefit bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule B shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. The Supplemental Accrual Rate

is also eliminated under Alternative Schedule B as of January 1, 2011 for any Participants who

are not eligible for that rate prior to January 1, 2011. In addition, the Early and Vested Pensions

shall be calculated by reducing the Normal Pension benefit by 6% for each year prior to the age

of 65 that a Participant begins receiving benefits. However, if the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age 65 based upon his Credited Service as of the date of his retirement results in a

greater benefit, he will receive the Actuarial Equivalent.

For the Thirty-Year Pension, the Unreduced Age for Participants under Schedule B is 62. As a

result, Participants will need to attain Age 62 and accrue 30 years of Credited Service in order to

retire with an unreduced Thirty-Year Pension. Generally, if a Participant retires after earning 30

years of Credited Service without attaining the Unreduced Age, benefits are reduced by 6% for

each year prior to the Unreduced Age that a Participant begins receiving benefits. However,

Participants with at least 25 years of Credited Service as of January 1, 2011 will be eligible for

the transition benefit and will have their Thirty-Year Pension reduced, if at all, by the transition

benefit’s early reduction factors based on an Unreduced Age of 62. For example, if a Participant

who had earned 28 years of Credited Service by January 1, 2011 is covered by Alternative

Schedule B and begins receiving benefits at the age of 57 after having earned 30 years of

Credited Service, that Participant’s benefits will be reduced by 10% (2% x 5 years) – rather than

being reduced by 30% (6% x 5 years) as otherwise provided under this Schedule.

4. Alternative Schedule C

a. Contributions

Compliance with Alternative Schedule C requires the Contributing

Employer’s contribution rate to increase by 6.75% annually.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule C, the future benefit

accrual for the Normal Pension will be 0.30% of the Employer Contributions required to be

made on behalf of the Participant. However, increases in a Contributing Employer’s

contribution rate required under Alternative Schedule C will be non-benefit bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule C shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. The Supplemental Accrual Rate
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is also eliminated under Alternative Schedule C as of January 1, 2011 for any Participants who

are not eligible for that rate prior to January 1, 2011. In addition, the Early and Vested Pensions

shall be calculated by reducing the Normal Pension benefit by 6% for each year prior to the age

of 65 that a Participant begins receiving benefits. However, if the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age 65 based upon his Credited Service as of the date of his retirement results in a

greater benefit, he will receive the Actuarial Equivalent.

For the Thirty-Year Pension, the Unreduced Age for Participants under Schedule C is 60. As a

result, Participants will need to attain Age 60 and accrue 30 years of Credited Service in order to

retire with an unreduced Thirty-Year Pension. Generally, if a Participant retires after earning 30

years of Credited Service without attaining the Unreduced Age, benefits are reduced by 6% for

each year prior to the Unreduced Age that a Participant begins receiving benefits. However,

Participants with at least 25 years of Credited Service as of January 1, 2011 will be eligible for

the transition benefit and will have their Thirty-Year Pension reduced, if at all, by the transition

benefit’s early reduction factors based on an Unreduced Age of 60. For example, if a Participant

who had earned 28 years of Credited Service by January 1, 2011 is covered by Alternative

Schedule C and begins receiving benefits at the age of 55 after having earned 30 years of

Credited Service, that Participant’s benefits will be reduced by 10% (2% x 5 years) – rather than

being reduced by 30% (6% x 5 years) as otherwise provided under this Schedule.

5. Alternative Schedule D

a. Contributions

Compliance with Alternative Schedule D requires the Contributing

Employer’s contribution rate to increase by 7.75% annually.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule D, the future benefit

accrual for the Normal Pension will be 0.50% of the Employer Contributions required to be

made on behalf of the Participant. Increases in a Contributing Employer’s contribution rate

required under Alternative Schedule D will be one-percent (1%) bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule D shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. The Supplemental Accrual Rate

is also eliminated under Alternative Schedule D as of January 1, 2011 for any Participants who

are not eligible for that rate prior to January 1, 2011. In addition, the Early and Vested Pensions

shall be calculated by reducing the Normal Pension benefit by 6% for each year prior to the age

of 65 that a Participant begins receiving benefits. However, if the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age 65 based upon his Credited Service as of the date of his retirement results in a

greater benefit, he will receive the Actuarial Equivalent.
10

For the Thirty-Year Pension, the Unreduced Age for Participants under Schedule D is 57. As a

result, Participants will need to attain Age 57 and accrue 30 years of Credited Service in order to

retire with an unreduced Thirty-Year Pension. Generally, if a Participant retires after earning 30

years of Credited Service without attaining the Unreduced Age, benefits are reduced by 6% for

each year prior to the Unreduced Age that a Participant begins receiving benefits. However,

Participants with at least 25 years of Credited Service as of January 1, 2011 will be eligible for

the transition benefit and will have their Thirty-Year Pension reduced, if at all, by the transition

benefit’s early reduction factors based on an Unreduced Age of 57. For example, if a Participant

who had earned 28 years of Credited Service by January 1, 2011 is covered by Alternative

Schedule D and begins receiving benefits at the age of 52 after having earned 30 years of

Credited Service, that Participant’s benefits will be reduced by 10% (2% x 5 years) – rather than

being reduced by 30% (6% x 5 years) as otherwise provided under this Schedule.

6. Alternative Schedule E

a. Contributions

Compliance with Alternative Schedule E requires the Contributing

Employer’s contribution rate to increase by 8.25% annually.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule E, the future benefit

accrual for the Normal Pension will be 0.50% of the Employer Contributions required to be

made on behalf of the Participant. Increases in a Contributing Employer’s contribution rate

required under Alternative Schedule E will be one-percent (1%) bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule E shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated. The Supplemental Accrual Rate

is also eliminated under Alternative Schedule E as of January 1, 2011 for any Participants who

are not eligible for that rate prior to January 1, 2011. In addition, the Early and Vested Pensions

shall be calculated by reducing the Normal Pension benefit by 6% for each year prior to the age

of 65 that a Participant begins receiving benefits. However, if the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age 65 based upon his Credited Service as of the date of his retirement results in a

greater benefit, he will receive the Actuarial Equivalent.

For the Thirty-Year Pension, the Unreduced Age for Participants under Schedule E is 55. As a

result, Participants will need to attain Age 55 and accrue 30 years of Credited Service in order to

retire with an unreduced Thirty-Year Pension. Generally, if a Participant retires after earning 30

years of Credited Service without attaining the Unreduced Age, benefits are reduced by 6% for

each year prior to the Unreduced Age that a Participant begins receiving benefits. However,

Participants with at least 25 years of Credited Service as of January 1, 2011 will be eligible for
11

the transition benefit and will have their Thirty-Year Pension reduced, if at all, by the transition

benefit’s early reduction factors based on an Unreduced Age of 55. For example, if a Participant

who had earned 28 years of Credited Service by January 1, 2011 is covered by Alternative

Schedule E and begins receiving benefits at the age of 50 after having earned 30 years of

Credited Service, that Participant’s benefits will be reduced by 10% (2% x 5 years) – rather than

being reduced by 30% (6% x 5 years) as otherwise provided under this Schedule.

7. Alternative Schedule F

Alternative Schedule F is first available effective June 1, 2012 to Contributing

Employers who, subject to the approval of the Board of Trustees, withdraw from the Fund, pay

the Fund 80% of the present value of their statutorily-required withdrawal liability as a lump sum

and return to the Fund immediately as a Renewed Contributing Employer. An Employer may

also negotiate to pay its withdrawal liability, with interest, in periodic installments over a period

not to exceed five years. A Renewed Contributing Employer shall have its withdrawal liability

calculated under the Direct Attribution Method, for which the Trustees have amended the Plan to

adopt (subject to necessary governmental approval) as applicable only to Renewed Contributing

Employers.

Upon the effective date of the Employer’s return as a Renewed Contributing Employer, the

Employer shall contribute to the Fund at a rate that is 15% less than the Contributing Employer’s

rate under the Applicable Schedule. For the purposes of the Rehabilitation Plan, “Applicable

Schedule” shall mean the Schedule that the Contributing Employer and its participants were

covered under immediately preceding the withdrawal.

Alternative Schedule F is also available to Contributing Employers who, subject to the approval

of the Board of Trustees, withdraw from the Fund, return immediately as a Renewed

Contributing Employer, and pay amounts that are equivalent to the 80% and 15% figures found

in this subsection. Equivalent amounts are to be determined by the Board of Trustees. Once an

Employer becomes covered under Alternative Schedule F, that Employer must remain under

such Schedule for a period of at least five years.

However, in the event that the Employer, or the Employer’s successors, assigns or purchasers of

the Employer’s assets under ERISA §4204, if any, completely withdraws from the Fund within

ten years of the effective date of the withdrawal described in the previous paragraph, for any

reason other than those agreed to by the Trustees and the Employer in advance, the Employer or

the Employer’s successors, assigns or purchasers of the Employer’s assets under ERISA §4204,

if any, shall pay the Fund an amount equal to: (1) the difference between 100% of the present

value of the Employer’s statutorily-required withdrawal liability at the time of the withdrawal

that allowed it to come under this Schedule F, and the amount that the Employer actually paid,

plus (2) the difference between the amount of contributions paid by the Employer under

Alternative Schedule F through the effective date of complete withdrawal from the Fund and the

amount of contributions that would have otherwise been made by the Employer under the

Applicable Schedule, taking into account any discounts on contribution rates or holidays on

contribution rate increases provided by Alternative Schedule F.
12

a. Contributions

Compliance with Alternative Schedule F requires the Contributing

Employer’s contribution rate to equal an amount 15% less than the Contributing Employer’s last

rate immediately preceding the Employer’s withdrawal under the Applicable Schedule for the

first year, no contribution rate increases for the succeeding four years and then the applicable rate

increases under the Applicable Schedule.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule F, the future benefit

accrual for the Normal Pension will be 1.00% of the Employer Contributions required to be

made on behalf of the Participant. Contributions made under Schedule F, including any future

increases, will be 100% benefit bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule F shall be subject to the

provisions under the “Adjustable and Transition Benefits” section of their Applicable Schedule.

8. Alternative Schedule G

Alternative Schedule G is first available effective January 1, 2013 for

Contributing Employers that have been specifically accepted and approved by the Trustees, in

their sole discretion, as satisfying the following conditions:

1) the common stock of the Contributing Employer or its parent

corporation (or other affiliate under 80% or more common control with

the Contributing Employer) is publicly traded and registered pursuant to

the securities laws of the United States;

2) the Contributing Employer submits to a review of its financial

condition and operations by the Fund Office and outside experts and

consultants, and agrees to reimburse the Fund for all fees and expenses

incurred by the Fund in this review (including, but not limited to,

reimbursement to the Fund for the time devoted by the Fund Office to any

such review, with this reimbursement to be made at market rates for

comparable services performed by the Fund Office);

3) on the basis of this financial and operational review, the Trustees

determine that (a) the Contributing Employer is not able to contribute to

the Fund at the higher rate required by its current or most-recent

Participation Agreement, and (b) acceptance of a proposed new

Participation Agreement and collective bargaining agreement that meet the

requirements of Alternative Schedule G is in the best interest of the Fund
13

under all the circumstances and advances the goals of this Rehabilitation

Plan; and

4) the Contributing Employer must not have any outstanding

liabilities owed to the Fund and must be current in its contributions.

Note: If a Contributing Employer becomes subject to this Alternative Schedule

G with respect to a particular Bargaining Unit, the Fund will not accept from that Contributing

Employer any Participation Agreements or Collective Bargaining Agreements which are covered

by Alternative Schedules A-F, except as determined by the Trustees in their sole discretion.

a. Contributions

Compliance with Alternative Schedule G requires the Contributing

Employer’s contribution rate to have been specifically accepted and approved by the Trustees, in

their sole discretion, but in no case shall the contribution rate ever be less than 25% of the last

contribution rate required to be paid by the Contributing Employer.

Additionally, compliance with Alternative Schedule G requires the Contributing Employer’s

contribution rate to increase by 6.00% annually. Alternatively, subject to the approval of the

Trustees, the required 6.00% increase in the annual contribution rate, or any portion thereof, may

be satisfied for the duration of the collective bargaining agreement through a reduction of the

0.25% future benefit accrual rate by the actuarial equivalent of the required 6% increase or any

part thereof or by a reduction of the bearing portion of the contribution rate as determined by the

Trustees.

b. Future Benefit Accruals

For Participants covered under Alternative Schedule G, the future benefit

accrual for the Normal Pension will be 0.25% of the Employer Contributions required to be

made on behalf of the Participant or other percentage as determined by the Trustees. However,

increases in a Contributing Employer’s contribution rate required under Alternative Schedule G

will be non-benefit bearing.

c. Adjustable and Transition Benefits

Participants covered under Alternative Schedule G shall have all of the

Adjustable Benefits listed above in Section III.A.2. eliminated including those under the Default

Schedule. In addition, the Early and Vested Pensions shall equal the Actuarial Equivalent of the

monthly amount of the Normal Pension to which a Participant would have been entitled upon

attaining age sixty-five (65) based upon his Credited Service as of the date of his early

retirement.

d. Employer Withdrawal Liability

15

Schedule

D

1.00% Bearing amount above required

Alternative

Schedule

E

8.25% each year

1.00% Bearing

0.50% 55 0.50% accrual on

amount above required

Alternative

Schedule

F

15.00% reduction first

year; 0.00% increase for 4

years; Applicable

Schedule Thereafter

100% Bearing

1.00% Applicable Schedule 1.00% accrual on all

contributions

Alternative

Schedule

G

6.00% each year

Non-benefit bearing

0.25% N/A 0.25% accrual on

amount above required

D. Inactive Vested Participants

Inactive vested participants shall be covered under the terms of the Default Schedule.

For these purposes, an “inactive vested participant” is a Participant who is vested under the Plan

but who has not earned at least one (1) Hour of Service in this Fund on or after January 1, 2011.

E. Participant Benefits Under a Schedule

Once a Participant becomes covered under one of these Schedules by earning one Hour

of Service under that Schedule, the provisions included in that Schedule shall govern the

determination of that individual’s benefits. This includes any Participants who previously

participated in plans that merged into the Fund. Any benefits, rights and features provided under

those merged-in plans that may have been included in the Fund’s Plan document will be

superseded by the applicable Schedule to the extent permitted by law.

In order to qualify for the unreduced early retirement provisions of a particular Schedule, a

participant must earn 5,000 Hours of Service under that Schedule, with no more than 1,000

Hours of Service being taken into account for that purpose in any particular plan year (“Hours

Requirement”). If an Employer becomes covered under Alternative Schedule F, Hours of

Service that a participant has earned under an Applicable Schedule will be combined with Hours

of Service earned under Alternative Schedule F to satisfy the Hours Requirement. Any accruals

under a Schedule for which the Hours Requirement has not been met will be at the Schedule’s

accrual rate, but will be based on the Default Schedule’s early retirement reduction provisions.

In addition, benefits accrued as of December 31, 2010 will “attach” to the eligibility

requirements of the highest Schedule under which a Participant has satisfied the Hours

Requirement. Notwithstanding the foregoing, Participants who earned 25 of more Years of

Credited Service as of December 31, 2010, are not subject to the Hours Requirement, but will

qualify for the provisions of a Schedule after earning one Hour of Service under that Schedule.

However, if a Participant who has earned 25 or more years of Credited Service as of December

31, 2010, does not qualify for benefits under a particular Schedule by August 20, 2014, such

Participant must earn 1,000 Hours of Service under that Schedule before the Participant will

qualify for benefits that are calculated and paid pursuant to that Schedule.

F. Rehabilitation Plan Withdrawal
16

Notwithstanding anything herein to the contrary, subject to applicable law and the discretion of

the Trustees, any Bargaining Units (and any non-Bargaining Unit employee groups participating

in the Fund) whose Contributing Employers incur a Rehabilitation Plan Withdrawal on or after

June 1, 2012 shall have their Adjustable Benefits listed in Section III.A.2 eliminated or reduced

to the extent indicated below.

1. Adjustable Benefits Eliminated or Reduced

Subject to the provisions indicated in this Section F, effective June 1, 2012, all

Adjustable Benefits listed in Section III.A.2, including those under the Default Schedule, shall be

eliminated or reduced with respect to any Participant whose benefit commencement date with the

Fund is on or after June 1, 2012 and who (i) has earned or earns an Hour of Service while

employed with a Contributing Employer (or any predecessor or successor entity) that at any time

on or after June 1, 2012 incurs a Rehabilitation Plan Withdrawal, and (ii) whose last year of

Credited Service prior to the Rehabilitation Plan Withdrawal was earned while a member of a

Bargaining Unit ultimately incurring such Withdrawal. In addition, the Early and Vested

Pensions shall equal the Actuarial Equivalent of the monthly amount of the Normal Pension to

which a Participant would have been entitled upon attaining age sixty-five (65) based upon his

Credited Service as of the date of his early retirement.

Provided, however, that any Pensioner otherwise subject to the elimination of Adjustable Benefit

due to a Rehabilitation Plan Withdrawal pursuant to this section, who has a benefit

commencement date one year or more prior to the earlier of: (i) the date of such Rehabilitation

Plan Withdrawal, or (ii) the date of the expiration of the last CBA requiring Employer

Contributions under Schedules A – G prior to such Withdrawal, shall not be subject to the

elimination of Adjustable Benefits.

And provided that the spouse of any Participant otherwise subject to the elimination of

Adjustable Benefits due to a Rehabilitation Plan Withdrawal shall not incur a loss of Adjustable

Benefits with respect to any surviving spouse benefits for which such spouse has a benefit

commencement date prior to the date of the Rehabilitation Plan Withdrawal.

2. Rehabilitation Plan Withdrawal

Subject to the discretionary authority of the Board of Trustees indicated in this

Section F.2., a “Rehabilitation Plan Withdrawal” occurs on the date a Contributing Employer is

no longer required to make Employer Contributions to the Fund under one or more of its CBAs

as a result of actions by members of a Bargaining Unit (or its representatives) or the Contributing

Employer, which actions include, but are not limited to the following:

(1) decertification or other removal of the Union as a bargaining agent;

(2) ratification or other acceptance of a CBA which permits withdrawal of the

Bargaining Unit, in whole or in part, from the Fund;
17

(3) administrative termination of the Contributing Employer with respect to

any or all of its CBAs due to: (i) a violation of the Fund’s rules with

respect to the terms of a CBA; or (ii) a violation of any other Fund rule or

policy; or

(4) any transaction or other event whereby all or a portion of the operations

for which the Contributing Employer has an obligation to contribute are

continued (whether by the Contributing Employer or by another party) in

whole or in part without maintaining the obligation to contribute to the

Fund under the same or better terms (including, for example, as to the

number of participants and contribution rate) as existed before the

transaction.

Provided, however, that with respect to the circumstances described in subparagraphs (3)(ii) or

(4) above, the Board of Trustees shall have full discretionary authority to consider, weigh and

balance the following factors in determining whether a Rehabilitation Plan Withdrawal has

occurred:

(i) the extent to which the affected Bargaining Unit or its bargaining

representative participated in or controlled, or could have controlled or

prevented, through bargaining, grievance procedures, NLRB proceedings,

litigation or other means, the cessation of Employer Contributions;

(ii) the extent to which the affected Bargaining Unit benefited, directly or

indirectly, from the cessation of Employer Contributions;

(iii) the extent to which the affected Bargaining Unit, or its bargaining

representative, resisted or attempted to resist, or acquiesced in, the

cessation of Employer Contributions;

(iv) the extent to which the affected Bargaining Unit, or any of its members,

become engaged as employees or independent contractors in the service of

operations that were or are in whole or in part a successor of the

operations of the Contributing Employer who incurred the cessation of

Employer Contributions; and

(v) the extent of the hardship that might be incurred by members of the

affected Bargaining Unit by the elimination of Adjustable Benefits.

Notwithstanding anything in this subsection 2 to the contrary, a Rehabilitation Plan Withdrawal

shall not occur at the time a Contributing Employer withdraws from the Fund pursuant to

Alternative Schedule F.

3. Restoration of Adjusted Benefits
18

Any Participant who incurs a benefit adjustment or elimination under the terms of

this Section III.F. may have those affected benefits restored if, subsequent to the event causing

the benefit adjustment, the Participant (i) permanently ceases all employment with, and

performance of services in any capacity for, the Contributing Employer (and any successors or

trades or businesses under common control with such Employer within the meaning of ERISA §

4001(b)(1)) within 60 days of the occurrence of such Rehabilitation Plan Withdrawal, and (ii)

subsequently earns one year of Credited Service with a Contributing Employer while that

Employer is in compliance with one of the Alternative Schedules described herein.

G. Surcharges for Noncompliant Contracts

Under the PPA, if Bargaining Parties fail to submit a CBA which the Trustees have

determined to comply with one of the Schedules, a Contributing Employer is subject to monthly

surcharges equal to a percentage of contributions owed to the Fund every month. The monthly

surcharge will continue until the Trustees approve a CBA submitted by the Bargaining Parties

that meets the requirements of one of the Schedules (or the Default Schedule is imposed in

accordance with the PPA as explained above). A Contributing Employer’s failure to make a

surcharge payment is treated as a delinquent contribution. Participants will not accrue any

benefits as a result of the payment of these surcharges.

H. Annual Review of Rehabilitation Plan and Schedules

The Trustees will review the Rehabilitation Plan and its Schedules annually with the

assistance of the Fund’s actuary, as they find necessary. If, for example, the Fund’s actual

experience does not reflect the assumptions used to develop the Rehabilitation Plan and its

Schedules, the Trustees may amend or modify the Rehabilitation Plan and/or its Schedules,

based on the advice of the Fund’s actuary, to reflect the Fund’s experience over the preceding

plan year(s). However, if the Bargaining Parties have adopted a CBA that complies with one of

the Schedules, the contribution rate requirements in the Schedules will continue for the duration

of that CBA.


Table of Contents

New York State Teamsters Conference Pension and Retirement Fund

Information Required by Section 7.09 of Revenue Procedure 2016-27

Page

Revenue Procedure 2016-27 Section 7.09: 

Identification and Background Information on the Plan

Contributions by Rehabilitation Plan Schedule 1
Revenue Procedure 2016-27 Section 7.09: 

Identification and Background Information on the Plan

New York State Teamsters Conference Pension and Retirement Fund

Information Required by Section 7.09 of Revenue Procedure 2016-27

1 

Rehabilitation Plan 

Under Section 7.09 of Revenue Procedure 2016-27, if the Rehabilitation Plan includes more than one 

contribution or benefit schedule, then the application must specify the extent to which each schedule 

applies, expressed as a percentage of the total contributions for the most recent year for which the 

information is available. 

 

Revenue Procedure 2016-27, Section 7.09: Contributions by Rehabilitation Plan Schedule

Rehabilitation Contributions

Plan As a Percent 

Schedule Of Total

Default 9.3%

Schedule A 0.1%

Schedule B 27.6%

Schedule C 3.3%

Schedule D 0.6%

Schedule E 57.1%

Schedule G 2.0%

Based on contributions for the year ended December 31, 2015.

We do not expect any material change in the distribution of contributions as of 12/31/2016.
DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

EXHIBIT 20


Table of Contents

New York State Teamsters Conference Pension and Retirement Fund

Information Required by Section 7.09 of Revenue Procedure 2016-27

Page

Revenue Procedure 2016-27 Section 7.09: 

Identification and Background Information on the Plan

Contributions by Rehabilitation Plan Schedule 1
Revenue Procedure 2016-27 Section 7.09: 

Identification and Background Information on the Plan

New York State Teamsters Conference Pension and Retirement Fund

Information Required by Section 7.09 of Revenue Procedure 2016-27

1 

Rehabilitation Plan 

Under Section 7.09 of Revenue Procedure 2016-27, if the Rehabilitation Plan includes more than one 

contribution or benefit schedule, then the application must specify the extent to which each schedule 

applies, expressed as a percentage of the total contributions for the most recent year for which the 

information is available. 

 

Revenue Procedure 2016-27, Section 7.09: Contributions by Rehabilitation Plan Schedule

Rehabilitation Contributions

Plan As a Percent 

Schedule Of Total

Default 9.3%

Schedule A 0.1%

Schedule B 27.6%

Schedule C 3.3%

Schedule D 0.6%

Schedule E 57.1%

Schedule G 2.0%

Based on contributions for the year ended December 31, 2015.

We do not expect any material change in the distribution of contributions as of 12/31/2016.
DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

EXHIBIT 21








































































































DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

EXHIBIT 22
Section 5.03

Employer Name Pension Rate - 08/01/2015

ABC SUPPLY CO. INC. 4.1225

ABF FREIGHT SYSTEM INC 13.6299

AIRBORNE FREIGHT CORPORATION 8.6070

ALBANY CONCRETE CO 4.6300

ALLIED WASTE SERVICES OF NORTH 1.6800

ALLIED WASTE SYSTEMS OF NA INC 1.2271

B. GIAMBRONE & COMPANY, INC. 4.2200

BARR TRANSPORTATION CORP 4.9500

BATTENFELD-AMERICAN, INC. 2.0782

BENLIN DISTRIBUTION SVCS INC 3.4500

BILKAY'S EXPRESS CO 6.5950

BINGHAMTON GREENE TRUCK LINES 12.0731

BONDED CONCRETE INC 4.0700

BONDED NORTH, CORP. 4.4200

BONDED SOUTH 2.4118

BOROUGH OF ELKLAND 3.0100

BOROUGH OF ELKLAND 4.0500

BOROUGH OF MANSFIELD 2.3500

BOROUGH OF TOWANDA 1.8300

BOROUGH OF WELLSBORO 3.6700

BOROUGH OF WESTFIELD 3.8100

C & M FORWARDING CO INC 0.0500

C & M FORWARDING CO INC 0.2500

C & M FORWARDING CO INC 0.5000

C & M FORWARDING CO INC 0.7500

C & M FORWARDING CO INC 1.0000

C & M FORWARDING CO INC 1.2500

C & M FORWARDING CO INC 1.5000

C & M FORWARDING CO INC 6.3300

C D PERRY & SONS INC 9.5900

C.P. WARD, INC 8.9000

CALLANAN INDUSTRIES INC 4.2900

CALLANAN INDUSTRIES INC 4.9600

CALLANAN INDUSTRIES INC 5.1200

CALLANAN INDUSTRIES INC 9.5900

CANADA DRY-HACKENSACK 1.0341

CANADA DRY-HACKENSACK 7.4076

CANADA DRY-SOUTH PLAINFIELD 1.0341

CANADA DRY-SOUTH PLAINFIELD 7.8521

CATSKILL CONCRETE COMPANY 1.4100

CITY OF JAMESTOWN BOARD OF 3.2546

CLEMENTE LATHAM CONCRETE CORP. 4.1600

New York State Teamsters Conference Pension & Retirement Fund

Pension Rates as of August 1, 2015
CLEMENTE LATHAM NORTH 4.8700

CLOVER LEAF NURSERIES, INC 9.1300

CLOVER LEAF NURSERIES, INC 9.5900

COCA COLA ENTERPRISES INC. 1.6375

COCA COLA ENTERPRISES INC. 1.7375

COEYMANS LANDING MARINE SERVIC 9.1287

COMMUNICATIONS WORKERS 2.7500

COPE BESTWAY EXPRESS INC. 4.5993

CORTLAND READY MIX INC 4.0000

COYNE INTERNATIONAL ENTER CORP 2.6100

COYNE INTERNATIONAL ENTER CORP 3.9856

CRANESVILLE BLOCK & READY MIX 5.7100

CRANESVILLE BLOCK CO INC 0.9875

CRANESVILLE BLOCK CO INC 3.2200

CRANESVILLE BLOCK/MIRON 2.4250

CROSSETT INC 0.3000

CROSSETT INC 0.4316

CROSSETT INC 2.2298

CROSSETT INC 2.3017

D.A. COLLINS CONSTRUCTION 9.5900

DAY & ZIMMERMANN NPS, INC 10.7500

DOMINE BUILDERS SUPPLY 6.6200

ECONOMY PAVING COMPANY, INC. 6.6700

ECONOMY PAVING COMPANY, INC. 7.0200

ECONOMY PAVING COMPANY, INC. 7.3700

ECONOMY PAVING COMPANY, INC. 7.5000

ECONOMY PAVING COMPANY, INC. 8.2800

ELDERLEE, INC. 2.6000

EMPIRE MERCHANTS NORTH LLC 4.9840

ESCRO TRANSPORT LTD 1.5549

FIRST TRANSIT, INC. 2.0800

FIRST TRANSIT, INC. 4.1300

FLETCHER GRAVEL COMPANY INC 4.4300

FLETCHER GRAVEL COMPANY INC 7.8900

FOREST MATERIALS INC. 4.8513

FORT EDWARD EXPRESS CO INC 1.8140

FORT EDWARD EXPRESS CO INC 3.5561

FRIENDSHIP DAIRIES LLC 2.2747

FULTON-OSWEGO MOTOR EXPRESS 12.2055

G & T AIR EXPEDITING SERVICE 3.3100

GEORGE C MILLER BRICK 5.7500

GEORGE C MILLER BRICK 6.9033

GLENS FALLS READY MIX 3.1200

GLENS FALLS READY MIX 4.5500

GRAYMONT MATERIALS (NY) INC 4.3500

GRAYMONT MATERIALS (NY) INC 4.5300

GRAYMONT MATERIALS (NY) INC 7.3500
GRIMM BUILDING MATERIALS CO 1.6500

H P HOOD, LLC 3.0014

H P HOOD, LLC 3.3500

H P HOOD, LLC 3.6719

H P HOOD, LLC 3.9570

HANSON AGGREGATES NY LLC 0.2500

HANSON AGGREGATES NY LLC 0.5000

HANSON AGGREGATES NY LLC 0.7500

HANSON AGGREGATES NY LLC 1.0000

HANSON AGGREGATES NY LLC 1.5000

HANSON AGGREGATES NY LLC 2.0000

HANSON AGGREGATES NY LLC 2.4300

HANSON AGGREGATES NY LLC 2.5000

HANSON AGGREGATES NY LLC 3.3761

HANSON AGGREGATES NY LLC 3.4200

HANSON AGGREGATES NY LLC 5.4001

HANSON AGGREGATES NY LLC 5.4500

HANSON AGGREGATES NY LLC 5.8100

HIGH FALLS BREWING COMPANY LLC 0.5000

HIGH FALLS BREWING COMPANY LLC 2.1600

HIGH FALLS BREWING COMPANY LLC 3.0300

HIGH FALLS BREWING COMPANY LLC 4.1800

INTERNATIONAL CHIMNEY 2.3034

J A CARMAN TRUCKING CO INC 3.5217

J H WATTLES INC 2.6000

JAMES DESIDERIO INC 2.3340

JAMES H MALOY INC 9.1300

JAMES H MALOY INC 9.5900

JOEY'S BROKERAGE 1.6200

JONES MOTOR COMPANY INC 13.5410

JOSEPH A CIMINO FOOD BRKRS INC 1.2700

JOSEPH A CIMINO FOOD BRKRS INC 3.3700

KEELER CONSTRUCTION CO INC 3.5800

KEELER CONSTRUCTION CO INC 4.2300

KEELER CONSTRUCTION CO INC 8.9000

KELLOGG SALES COMPANY D/B/A 2.1034

LAKE BEVERAGE CORPORATION 0.0530

LAKE BEVERAGE CORPORATION 0.2300

LAKE BEVERAGE CORPORATION 0.3000

LAKE BEVERAGE CORPORATION 0.4700

LAKE BEVERAGE CORPORATION 0.5000

LAKE BEVERAGE CORPORATION 0.6900

LAKE BEVERAGE CORPORATION 0.7500

LAKE BEVERAGE CORPORATION 1.0000

LAKE BEVERAGE CORPORATION 2.2600

LAKE BEVERAGE CORPORATION 4.3500

LARNED TRUCKING 5.2200
LARNED TRUCKING 7.5300

LINDE GAS USA LLC 3.5795

LINDE GAS USA LLC 3.6470

MANITOU CONSTRUCTION CO INC 0.2500

MANITOU CONSTRUCTION CO INC 4.1400

MANITOU CONSTRUCTION CO INC 5.1800

MANITOU CONSTRUCTION CO INC 5.9000

MANITOU CONSTRUCTION CO INC 6.9900

MATT BREWING COMPANY 1.9400

MICHELS CORPORATION 5.2000

MID-STATE RACEWAY, INC. 1.3833

MURZAK ENTERPRISES, INC. 7.2201

N Y STATE TEAMSTERS COUNCIL 2.5500

N Y STATE TEAMSTERS COUNCI 3.5500

N Y STATE TEAMSTERS COUNCIL 4.5500

N Y STATE TEAMSTERS COUNCIL 5.5500

N Y STATE TEAMSTERS COUNCIL 6.5500

N Y STATE TEAMSTERS COUNCIL 12.1529

NEW PENN MOTOR EXPRESS INC 2.2457

NIAGARA FRONTIER FOOD TERM INC 2.6800

PALLETTE STONE CORP 1.7500

PALLETTE STONE CORP 4.4200

PECKHAM MATERIALS CORP 5.1300

PECKHAM MATERIALS CORP 5.1300

PENNZOIL-QUAKER STATE CO D/B/A 3.2600

PENNZOIL-QUAKER STATE CO D/B/A 7.4000

PENSKE TRUCK LEASING CO LP 2.8000

PENSKE TRUCK LEASING CO LP 3.4100

PERRAS-ENVIRONMENTAL 6.1500

PERRAS-ENVIRONMENTAL 7.8600

POLLIO DAIRY PRODUCTS CORP/ 2.4400

QUALA SYSTEMS INC 4.2847

QUALA SYSTEMS INC 4.6543

RICHMOND TOWNSHIP 4.5300

RIDGEWAY TRUCKING CORP 3.9900

RIDGEWAY TRUCKING CORP 8.4000

RIFENBURG CONTRACTING CORP. 7.9600

RIFENBURG CONTRACTING CORP. 9.5900

ROBERT H. LAW, INC. 4.6000

ROBERT H. LAW, INC. 7.8900

ROBISON & SMITH OF POTSDAM INC 1.3000

ROCHESTER AREA CONSTRUCTION & 1.2600

ROTONDO TRUCKING & WAREHOUSING 3.5400

RUSSO PRODUCE CO INC 3.3900

SAINT LAWRENCE INDUSTRIAL 6.9100

SAINT LAWRENCE INDUSTRIAL 7.8600

SAM-SON DISTRIBUTION CENTER IN 0.5000
SAM-SON DISTRIBUTION CENTER IN 0.7500

SAM-SON DISTRIBUTION CENTER IN 1.0000

SAM-SON DISTRIBUTION CENTER IN 2.6501

SAUNDERS CONCRETE CO INC 3.8600

SAUNDERS CONCRETE CO INC 4.7100

SEVENSON ENVIRONMENTAL 7.8900

STAPLES BUSINESS ADVANTGE-ROCH 5.9620

STROEHMANN BAKERIES, INC. 3.9231

SYRACUSE BANANA COMPANY 3.3900

SYRACUSE BANANA COMPANY 11.5200

SYRACUSE BANANA COMPANY 14.3900

SYRACUSE TEACHERS ASSOCIATION 5.8200

SYSCO FOOD SERVICES-ALBANY 0.4028

SYSCO FOOD SERVICES-ALBANY 3.2436

SYSCO FOOD SERVICES-ALBANY 5.2364

TEAMSTERS LOCAL UNION NO 118 6.1370

TEAMSTERS LOCAL UNION NO 118 7.0800

TEAMSTERS LOCAL UNION NO 118 7.6850

TEAMSTERS LOCAL UNION NO 118 14.3900

TEAMSTERS LOCAL UNION NO 264 6.0730

TEAMSTERS LOCAL UNION NO 264 12.3370

TEAMSTERS LOCAL UNION NO 294 9.3649

TEAMSTERS LOCAL UNION NO 294 10.9767

TEAMSTERS LOCAL UNION NO 294 13.4100

TEAMSTERS LOCAL UNION NO 294 13.8650

TEAMSTERS LOCAL UNION NO 317 3.7100

TEAMSTERS LOCAL UNION NO 317 14.3601

TEAMSTERS LOCAL UNION NO 449 13.0090

TEAMSTERS LOCAL UNION NO 449 15.6858

TEAMSTERS LOCAL UNION NO 529 12.8000

TEAMSTERS LOCAL UNION NO 687 11.8480

TEAMSTERS LOCAL UNION NO 687 13.8650

TEAMSTERS LOCAL UNION NO 693 3.8810

TEAMSTERS LOCAL UNION NO 693 10.6230

THE DE PERNO FIRM PC 4.8912

THE L C WHITFORD COMPANY INC 3.6900

THRUWAY BLDRS OF ORCHARD PARK 2.6300

TRANSERVICE LOGISTICS, INC. 1.8337

UCC CONSTRUCTORS INC 7.1762

UNITED PARCEL SERVICE - FULL TIME 14.6650

UNITED PARCEL SERVICE - PART- TIME 11.3270

UPSTATE NIAGARA COOPERATIVE,IN 1.9197

UPSTATE NIAGARA COOPERATIVE,IN 2.4066

USF HOLLAND INC 2.2457

VAN AUKEN EXPRESS INC 6.6922

W J W LOGISTICS SERVICE INC 6.6103

WECKESSER BRICK COMPANY INC 2.0000
WECKESSER BRICK COMPANY INC 6.1800

WHITACRE ENGINEERING CO 4.2800

WILLIAM B MORSE LUMBER CO 0.4288

WILLIAM B MORSE LUMBER CO 2.0042

WM J. KELLER & SONS CONST CORP 9.5900

WM LARNED & SONS INC 9.5900

WNYCOSH 3.7000

Y R C W 1.1489

Y R C W 2.2457

YANK WASTE CO., INC. 0.9101
The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

DB1/ 88552986.1

APPENDIX A
























































DB1/ 88552986.1

The New York State Teamsters Conference Pension and Retirement Fund

Application for Suspension of Benefits under MPRA

APPENDIX B

Redacted by the U.S. Department of the Treasury