Amount of the Screen Credit Benefit

For retirement benefits paid on or after January 1, 1996, the Screen Credit Benefit shall be $24 per year for each Qualified Screen Credited Year, up to a maximum of fifteen years. The Screen Credit Benefit will be reduced or increased actuarially based upon a Participant’s early or late retirement, respectively.

The Screen Credit Benefit payable to a married Participant or a Participant with a Qualified Domestic Partner will be reduced in accordance with the Joint and 50% Survivor Annuity unless the Participant elects otherwise with the spouse’s or Qualified Domestic Partner’s written and notarized consent.