- 3 - airway disease. On May 29, 1997, the SSA administrative law judge determined that petitioner was entitled to Social Security disability insurance benefits. He was then 58 years old. Under a collective bargaining agreement between Iron and the Boilermaker-Blacksmith International Union, petitioner was a beneficiary of the Boilermaker-Blacksmith National Pension Trust (Pension Trust). The Pension Trust adopted a plan denominated the "pension plan" that was funded by amounts paid to the trust for the employees by their employer. Under the pension plan, beneficiaries could qualify for four types of pensions, an "age pension", an early retirement pension, a disability pension, and a "vested pension". Under the plan, to qualify for an "age pension" the employee must be 65 or older and have at least 1,000 hours of work in "Covered Employment" without a permanent break in covered employment. The age pension could be made up of three components, the "basic pension", the "regular past service pension", and the "special past service pension". The monthly amount of the "basic pension" is computed as 46.75 percent of the total contributions made to the plan on behalf of the employee divided by 12. If the employee has at least 15 years of "Pension Credit", he can receive an additional "regular past service pension", a monthly amount based on the number of years ofPage: Previous 1 2 3 4 5 6 7 8 9 10 Next
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