Administrative Information

Pension Benefit Guaranty Corporation

Benefits provided by CRP are not insured by the Pension Benefit Guaranty Corporation (“PBGC”) under Title IV of ERISA. The PBGC is a government agency that insures certain benefits provided by certain types of retirement plans. The insurance provisions of ERISA do not apply to benefits under CRP because CRP is a “defined contribution plan,” that is, the contributions are defined and the benefit you receive at retirement depends on the value of your retirement savings account at that time.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.