You are automatically enrolled in the Plan as soon as the Fund receives a contribution on your account. At that time, if you have not already done so, you will be asked to provide some personal information, designate a beneficiary to receive any benefits which may be payable in the event of your death, and make an election of the investment funds in which you want Plan contributions on your account to be invested. Contributions are wired to John Hancock Trust Company weekly on Wednesday’s. 

Plan assets are held by John Hancock Trust Company and invested under the direction of the individual participant.  You have access to a menu of 20 different investment options to choose from. If you do not make an investment election, contributions on your behalf will be invested in one of the professionally diversified JP Morgan Smart Retirement Target Date Funds that are most appropriate for your age.

Please call John Hancock Retirement at 1-833-38-UNION, download the John Hancock Retirement App, or log on to the John Hancock website at www.mylife.JHRPS.com to view and change your investment options. The Supplemental Retirement Plan offers a full range of growth, blend, value, income and capital preservation funds in which to invest.

There are several scenarios which allow you to access funds prior to retirement.  Please refer to “Distributions” in the interactive SPD or page 9-13 of the printable SPD.