Tuesday, September 24, 2013

Cash Balance Plan - Local 702

Cash Balance Plan - Local 702Retirement Plan – Union CB Supp. P-1 April 2013 A Plan Designed to Provide Security for Employees of Ameren Retirement Plan – Union Cash Balance Supplement Benefits for Certain Contract Employees Amended and Restated January 1, 2012 The following is a Summary Plan Description for the Ameren Retirement Plan – Union Cash Balance Supplement - Benefits for Certain Contract Employees, otherwise known as the "Union Cash Balance Plan." This Summary Plan Description (SPD) describes benefits applicable to contract employees of AmerenEnergy Resources Generating Company – IBEW Local 51, AmerenEnergy Generating Company – IBEW Local 702 and 702 Clerical, AmerenEnergy Generating Company – IUOE Local 148 and 148 Clerical, Ameren Missouri Company, Callaway Energy Center, Unit 1 – UGSOA Local 11

and employees newly-hired on or after October 15, 2012 into one of the following contract groups: AIC (formerly AmerenIP) IBEW Local 51, IBEW Local 51-(formerly 1306), IBEW Local 309, IBEW Local 702, Laborers Local 12 Counties, Pipefitters Local 101, Pipefitters Local 360, Laborers Local 459, IBEW Local 51 MDF- (formerly 1306MDF), Laborers Local 100, IBEW Local 51 MDF; AIC (formerly AmerenCILCO) IBEW Local 51; or AIC (formerly AmerenCIPS) IBEW Local 702-Illini, IBEW Local 702-Great River, IBEW Local 702-Shawnee, IBEW Local 309 and IBEW Local 649]. Although every effort has been made to provide accurate information in this SPD, the possibility of error always exists. The estimates of benefit values in this summary do not represent a guarantee of the benefits reported. P-2 Retirement Plan – Union CB Supp. April 2013 AMEREN RETIREMENT PLAN TABLE OF CONTENTS INTRODUCTION.......................................................................................................4 DEFINITIONS..........................................................................................................4 ELIGIBILITY............................................................................................................5 VESTING..................................................................................................................6 HOW YOUR ACCOUNT GROWS................................................................................6 INTEREST CREDITS ...............................................................................................................7 REGULAR CREDITS ................................................................................................................8 TRANSITION CREDITS ............................................................................................................8 ENHANCEMENT CREDIT (UGSOA – LOCAL 11 ONLY).......................................................................9 SPECIAL CONVERSION CREDIT ..................................................................................................9 HOW YOUR OPENING ACCOUNT BALANCE WAS DETERMINED........................................................... 11 PROTECTING YOUR PREVIOUS PLAN BENEFIT .............................................................................. 11 SOCIAL SECURITY TEMPORARY SUPPLEMENT (AEG LOCAL 148 AND 148 CLERICAL ONLY) ........................ 11 BENEFITS IF YOU RETIRE.....................................................................................12 PAYMENT METHODS..............................................................................................12 CALCULATING YOUR BENEFIT UNDER DIFFERENT METHODS OF PAYMENT ............................................ 13 CONVERTING YOUR CASH BALANCE TO A MONTHLY SINGLE LIFE ANNUITY....13 CONVERTING YOUR CASH BALANCE TO A MONTHLY JOINT & SURVIVOR ANNUITY................................................................................................................14 SOCIAL SECURITY BENEFITS................................................................................14 TAXES ON PLAN PAYMENTS..................................................................................14 ROLLOVERS...........................................................................................................15 BENEFITS IF YOU LEAVE AMEREN BEFORE RETIREMENT...................................15 IF YOU LEAVE BEFORE BECOMING VESTED AND ARE RE-EMPLOYED BEFORE RETIREMENT ......................... 15 IF YOU ARE RE-EMPLOYED AFTER RECEIVING YOUR FIRST MONTHLY ANNUITY PAYMENT ......................... 16 IF YOU ARE RE-EMPLOYED AFTER RECEIVING A LUMP SUM PAYMENT ................................................. 16 BENEFITS IF YOU ARE DISABLED.........................................................................16 BENEFITS IF YOU DIE BEFORE RETIREMENT.......................................................16 CALCULATING THE SURVIVOR BENEFIT FOR A SPOUSE BENEFICIARY ................................................... 16 CALCULATING THE SURVIVOR BENEFIT FOR A NON-SPOUSE BENEFICIARY ............................................ 17 FILING CLAIMS FOR BENEFITS............................................................................17 CLAIMS PROCEDURES........................................................................................................... 17 CLAIMS REVIEW ................................................................................................................. 18 ADDITIONAL INFORMATION................................................................................19 ASSIGNMENT OF BENEFITS .................................................................................................... 19 QUALIFIED DOMESTIC RELATIONS ORDER (QDRO)...................................................................... 19 BENEFIT LIMITATIONS.......................................................................................................... 20 WHEN BENEFITS ARE NOT PAID OR REDUCED ............................................................................. 20 PLAN TERMINATION ............................................................................................................ 20 TOP HEAVY PROVISIONS....................................................................................................... 20 EMPLOYMENT RIGHTS .......................................................................................................... 20 IRS APPROVAL .................................................................................................................. 21 THE PENSION BENEFIT GUARANTY CORPORATION (PBGC) ............................................................. 21 GENERAL PLAN INFORMATION............................................................................21 ERISA INFORMATION...........................................................................................22 YOUR RIGHTS UNDER ERISA................................................................................................. 22 THE PENSION BENEFIT GUARANTY CORPORATION (PBGC)...............................23 Retirement Plan – Union CB Supp. P-3 April 2013 APPENDIX A...........................................................................................................25...

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