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What is the impact of ShareValue Trust on my Savings Plan or Pension?

April 26, 2017impact Pension Plan savings sharevalue Trust

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What is the impact of ShareValue Trust on my Savings Plan or Pension?

1 Answer

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There is no impact to either your Savings Plan or Pension and funds received from a ShareValue Trust award distribution may not be transferred to your Savings Plan or Pension. ShareValue Trust is an irrevocable trust established by the Company and is not a qualified plan as defined by IRS regulations for the purpose of meeting rollover requirements.