TECO Energy Group Retirement Savings Plan Summary Plan Description

If you terminate employment with the Company for reasons other than "disability" but later are determined to be "disabled" for purposes of receiving Social

An Employee Stock Ownership Plan is a qualified retirement plan much like a Profit Sharing Plan or 401(k), the main difference is that within an ESOP the primary investment is

 Employees participate in ESOP as a retirement plan, sharing in equity growth of the Company..  Accounts are tax free until a

A company can make tax-deductible cash contributions to the ESOP to buy out an owner’s share, or have the ESOP borrow money to buy the shares. After the ESOP owns at least 30%

„ Company could convert to S corp status after stock has been acquired by the

● Investment of plan assets: Plan assets are required to be invested in employer stock with some exceptions for those participants nearing retirement.. In addition, assets may be

You can diversify any employee contribution made to The Sherwin-Williams Company Stock Fund to any other investment fund available within the Plan at any time... Beginning January

In the event an extension is necessary due to your failure to submit necessary information, the Plan’s time frame for making a benefit determination on review is stopped from the