YOUR PENSION BENEFITS BOOK. This U.S. Benefits Book describes the Pension Plans effective Jan. 1, 2013.

YOUR PENSION BENEFITS BOOK This U.S. Benefits Book describes the Pension Plans effective Jan. 1, 2013.

About this document This Summary Plan Description (SPD) provides general information regarding benefit provisions of Motorola Solutions Pension Plans (each referred to as the Plan, or collectively with Motorola Solutions other offerings, the Plans ). You shouldn t rely on this information other than as a general summary of each Plan s features. This SPD describes the Plans in effect as of Jan. 1, 2013. Please see the prior SPDs and Summaries of Material Modifications (SMMs) for information concerning Plan provisions before that date. Subsequent pension SPDs or SMMs will be provided to advise you of changes in the Plans as required by the Employee Retirement Income Security Act (ERISA), as amended. Your rights are governed by the terms of the applicable Plan documents. You should refer to the Plan documents for complete information on your rights and obligations under the Plans. If you have any questions concerning the Plans, these will be determined in accordance with the terms of the Plan documents, not this SPD. You may obtain a copy of the Pension Plan documents upon written request to the Motorola Solutions Employee Service Center. There may be a reasonable charge for such copies. In the event of any difference between the terms of this SPD and the Plan documents, the terms of the Plan documents will control. No person has the authority to make any verbal or written statement or representation of any kind that is legally binding upon Motorola Solutions or the Plans or that alters the Plan documents or any contracts or other documents maintained in conjunction with the Plans. Motorola Solutions reserves the sole right, at any time, to amend, modify, or terminate one or more of the Plans described in this Benefits Book. i

Introduction During your time at Motorola Solutions, we want to help you make important decisions regarding your future. Your total rewards package includes many opportunities for you to build your financial security while you build your career. This Pension Benefits Book describes each Pension Plan. Eligibility for these Plans depends upon your personal circumstances. This Pension Benefits Book is the official Summary Plan Description (SPD) for the portions of the Pension Plans that require an SPD under the Employee Retirement Income Security Act (ERISA). The main sections This material is divided into the following main sections: Pension Plans Effective March 1, 2009, the Pension Plans were frozen, which means no additional retirement benefits will accrue for any participant. If you have a vested pension benefit, read this section for an overview of the Portable Pension Plan, the Traditional Pension Plan, and the Supplemental Pension Plan. General administration This section provides the following information: Life Events Charts Easy-to-use charts to help you know what you need to do and when. General Administration Information Procedures for filing for your benefits, appealing a claim decision, your ERISA rights, and other important Plan information. Glossary Explanations of commonly used terms and phrases. Note: If you re accessing Your Benefits Resources through the Internet at www. yourbenefitsresources. com/mot-solutions, you ll need to log on with your unique user ID and password for Your Benefits Resources. Contact information A handy reference of telephone numbers, websites, and other resources where you can get additional benefit plan information. This Pension Benefits Book summarizes your benefits under these Plans, and it provides the information and tools you need to make informed decisions regarding your benefits. Keep this resource in a convenient place. You can also access this information online via Your Benefits Resources. ii

What s inside The Pension Plans Explanations of the Pension Plans, with helpful charts and tables Important facts, dates, and deadlines Keep this information handy, and refer to it often as your resource for information about these Plans. Table of Contents Overview...1:2 Getting started: Determining your eligibility and benefit...1:2 The Portable Pension Plan...1:7 Portable Pension Plan formula (as of March 1, 2009)...1:7 Preserving your frozen benefit amount...1:8 Determining your Portable Pension Plan benefit...1:9 Receiving your Portable Pension Plan benefit...1:11 Understanding interest rate changes on your Portable Pension benefit...1:15 Other Portable Plan information...1:16 The Traditional Pension Plan...1:21 Traditional Pension Plan formula...1:21 Receiving your Traditional Pension Plan benefit...1:24 Other Traditional Plan information...1:29 Motorola Supplementary Contributory Retirement Plan (SCRP)...1:34 Motorola Solutions Supplemental Pension Plan (MSPP)...1:35 Determining your eligibility for the MSPP...1:35 Your payment options...1:35 Receiving your benefit payment...1:36 Eligible compensation for MSPP...1:39 Calculating your MSPP benefit...1:39 More about the MSPP...1:40 Other important facts about the Pension Plan...1:41 IRS benefits limits...1:41 Qualified Domestic Relations Order (QDRO)...1:41 Important tax and payment information related to the Pension Plans...1:45 Overview...1:45 Taxes on a payment made to you...1:48 Some general tips on using your pension Benefits Book If you re reviewing your book online: Selecting web addresses will quickly redirect you to that website. Selecting the Contact reference will redirect you to the Contact information subsection of the General Administration section, where you can find more details. Selecting a linked subsection will redirect you to that subsection within the book for more information. Selecting the navigation at the top will take you to either the previous page, next page, or the last page you were on; or go back to the table of contents for the section you are in. Be sure to read the content in the margin callouts for important details. 1:1

QUICK CONTACT INFO Your Benefits Resources Current employees: my.mot-solutions.com/go/ybr (Use your core ID and web applications password.) Former employees: www.yourbenefitsresources. com/mot-solutions (Use your unique user ID and password for Your Benefits Resources.) Motorola Solutions Employee Service Center (800) 585-5100 Outside U.S.: +1 (646) 254-3472 Be sure to select the appropriate option for assistance. Overview Prior to March 1, 2009, Motorola offered the Pension Plans to eligible employees hired before Jan. 1, 2005. The Plans provide benefits to employees with at least three years of service. Motorola Solutions pays the entire cost of providing benefits under the Plans. A special trust fund has been established to invest company contributions. Although the Pension Plans were frozen as of March 1, 2009, this information outlines each type of Plan for employees who were eligible at that time. Motorola offered two different Plans for pension-eligible employees who met the appropriate requirements the Portable Pension Plan and the Traditional Pension Plan. These two Plans were offered under the same formal Plan document. Longer-service employees who were pension-eligible may have participated in the Motorola Supplementary Contributory Retirement Plan (SCRP). This was Motorola s Pension Plan prior to Jan. 1, 1978. Motorola also offered the Motorola Supplemental Pension Plan (MSPP) to highly compensated employees as a nonqualified Plan that applied different eligibility requirements. Effective March 1, 2009, the MSPP was frozen with respect to any future participation. Participants are no longer eligible for any future supplemental retirement benefit accruals after Feb. 28, 2009. The names of the Plans changed to the Motorola Solutions Pension Plan and the Motorola Solutions Supplemental Pension Plan effective Jan. 1, 2011, when Motorola, Inc. separated. For more contact details, refer to the Contact information subsection. An important note about the Pension Plan freeze Effective March 1, 2009, Motorola froze the Pension Plans with respect to all future retirement benefit accruals and participant compensation increases. This means that starting March 1, 2009, you re no longer eligible for any future benefit accruals based on your earnings or benefit service after Feb. 28, 2009. If you re a pension-eligible employee who terminated employment before March 1, 2009, your Pension Plan benefits are described in prior U.S. Pension Benefits Books. Getting started: Determining your eligibility and benefit This section will help you determine whether you were eligible to participate in the Pension Plan. After determining your eligibility, you can also use this section to calculate your vesting service and average earnings, and learn other information you ll need to know about this benefit. As of March 1, 2009, employees are no longer eligible for any future retirement benefit accruals based on earnings or benefit service after Feb. 28, 2009. Step one: Determine your eligibility. You were eligible to participate in the Pension Plan if you were pension-eligible prior to March 1, 2009. Pensioneligible means either that you were hired before Jan. 1, 2005 (based on your most recent hire date), or that you were an employee of Crisnet, Inc., MeshNetworks, Inc., or Quantum Bridge Communications on Dec. 31, 2004. (You also needed to meet certain eligibility requirements.) If you were pension-eligible before March 1, 2009, you were eligible to participate in the Pension Plan if you met both of the following requirements: You were an employee of Motorola or a subsidiary that participated in this Plan. The U.S. payroll department processed your regular paycheck. As long as you met these eligibility requirements, you were eligible to participate in the Pension Plan after you completed at least one full year of employment (measured from your date of hire or an anniversary of such date) in which you earned at least 1,000 hours of service. If you didn t earn 1,000 or more hours of service in your first complete year of employment (beginning with the date you first earned an hour of service with Motorola, or your date of re-employment if you were rehired before Jan. 1, 2005 after a one-year break in service), you became eligible on the first day of the month after the year that ended with the next succeeding anniversary of your hire date in which you did earn 1,000 or more hours of service. This was called an eligibility year of service. 1:2

You weren t eligible to participate in the Pension Plan if any of the following applied: What qualifies as a break in service? A break in service begins on the earlier of: The day you quit, retire, or are discharged; or The first anniversary of any leave of absence, whether paid or unpaid. You first became an employee on or after Jan. 1, 2005. You were a former employee who returned after Dec. 31, 2004, after you incurred a break in service of at least 12 months (see Taking a break in service). You transferred to Motorola or a participating subsidiary after Dec. 31, 2004 from an affiliated employer that didn t participate in the Pension Plan (unless you transferred to the affiliate from Motorola or a participating subsidiary and were a participant in the Pension Plan at the time of that transfer). You provided services under an independent contractor, consultant, employee-leasing, purchase order, supplier, or staffing agreement, or any other agreement that the company enters into for services. You were classified by the company as a leased employee. You were classified by the company as contract labor. Your base compensation was not processed by Motorola s or a participating subsidiary s U.S. payroll department. You were employed under a collective bargaining agreement (unless your union agreement provided for your participation in this Plan). If your absence is due to pregnancy, birth, adoption of a child, or caring for a child immediately after birth or adoption, your break in service doesn t begin before the second anniversary of your leave (unless you quit, retire, or are discharged). Step two: Determine your Plan-specific eligibility. If you determined that you were pension-eligible, now you need to determine which specific Plan provisions apply to you. The Pension Plan has two components: the Portable Pension Plan and the Traditional Pension Plan. Read both descriptions to determine which one applied to you. Portable Pension Plan If you were hired after June 30, 1999, and before Jan. 1, 2005, you would automatically be in the Portable Pension Plan if you were pension-eligible. If you were hired on or before June 30, 1999, you may have been eligible for the Portable Pension Plan if either of the following is true: You elected to participate in the Portable Plan, or didn t elect to stay in the Traditional Plan during the April 2000 election period. You were a former employee who left Motorola on or before June 30, 1999, and you were rehired as a pension-eligible employee after that date. Spouse/Surviving spouse Throughout this Benefits Book, spouse or surviving spouse refers to a person of the opposite sex to whom the participant is married, where there is no order of divorce, annulment, or legal separation. Traditional Pension Plan The Traditional Pension Plan applied if you were an eligible employee on or before June 30, 1999. If you were active or on a leave of absence on June 30, 1999, you were eligible to make a one-time election to continue your participation in the Traditional Plan. If you didn t make that election, you automatically became a participant in the Portable Plan. If you became a participant in the Portable Plan (either because you elected to participate, or didn t make an election to stay in the Traditional Plan), your Traditional Plan benefit was frozen as of June 30, 2000. This frozen benefit is an annuity, payable at 65 or your later attained age, based on your benefit service, final average earnings, and estimated Social Security benefit as of June 30, 2000. This frozen benefit is added to your Portable Plan benefit and converted to a lump sum based on your age and interest rates at the time of distribution. (See The Traditional Pension Plan for a description of how this benefit was calculated.) Step three: Select a beneficiary, if you have a Portable Plan benefit. You can designate a beneficiary(ies) for Portable Pension Plan benefits. To designate a beneficiary, log on to Your Benefits Resources and fill out the online designation. The Motorola Solutions Employee Service Center will send you a Beneficiary Designation Form reflecting the designation you performed online. After you verify the accuracy of your beneficiary designation(s), sign your Beneficiary Designation Form and return it to the Employee Service Center. If you re married and designate a beneficiary other than your spouse, or you select a benefit form other than a qualified joint and survivor annuity, your spouse must provide written, notarized consent to your designation before the designation takes effect. Your beneficiary designation isn t effective until the Employee Service Center receives your signed form. 1:3

Keep this in mind when designating beneficiaries Be sure to periodically review your designated beneficiaries. If you marry after you file a beneficiary designation, your designation becomes invalid to the extent that you need spousal consent but don t have it. If you designate your spouse as your beneficiary and you later separate or divorce, your designation remains in effect unless you change it by filling out and submitting a new Beneficiary Designation Form or you remarry. If you re married and you aren t at least age 35 by the end of the year in which you complete your beneficiary designation, the beneficiary designation becomes invalid on Jan. 1 of the year in which you reach age 35. This means the beneficiary designation doesn t apply to any benefits after that date. You ll need to designate a beneficiary again and obtain the appropriate signatures after Jan. 1 of the year in which you reach age 35. Step four: Determine whether you re vested. You ll need to calculate your total years of service with the company to determine whether or not you re vested in your benefit. Your years of service include the completed years and months that you worked. You re vested in your benefit once you either: Complete at least three years of service; or Reach age 60 while employed with the company or a participating subsidiary, and complete at least one year of service. If you have a vested interest, the Plan has notified you of that status. For employees coming from acquisition-based groups Certain groups of employees have different determinations for years of service. If you joined Motorola as a result of an acquisition before Jan. 1, 2000, the Plan counted your years of service with the acquired company or business unit for vesting purposes (but not for benefit service purposes). For acquisitions from Jan. 1, 2000, through Dec. 31, 2004, you received credit for such service depending on the specific terms of the Pension Plans for that acquisition. Step five: Identify your benefit service. Both Pension Plans used benefit service to calculate your benefit. Your benefit service included all completed years and months that you worked at Motorola or a participating subsidiary from Jan. 1, 1978, through Feb. 28, 2009, while you were a pension-eligible employee. However, if you joined the company as a result of an acquisition, the Plan didn t count your years of service with an acquired company or business unit for benefit service purposes. For example, if you were a former GI employee, the Portable Pension Plan didn t count your years of service with GI before Jan. 1, 2001 as benefit service. Keep in mind that your years of service with a Motorola affiliate counted as benefit service only if (and while) the subsidiary was a participating employer in the Plan. Step six: Know how your average earnings are calculated. Both Pension Plans used average earnings to calculate your benefit. Your modified average earnings were used to calculate your benefit from Jan. 1, 2008, through Feb. 28, 2009. Before Jan. 1, 2008, your final average earnings were used to calculate your benefit. Below is an explanation of how these two earnings were calculated. Your modified average earnings Your modified average earnings were calculated using a formula that averages your earnings before and after Jan. 1, 2008 by different methods. Here s how the general figure of modified earnings was calculated: 1. Add the following figures together: The amount of your five highest years of annual compensation (or fewer, if less than five) of the 10 calendar years before Jan. 1, 2008 Your pay during all years after 2007 and through Feb. 28, 2009 in which you participated in the Pension Plan 2. Then add these figures together: The sum of the number of years of your benefit service under the Plan before Jan. 1, 2008, to a maximum of five years (or fewer, if less than five) Your total years of participation in the Plan for all years after 2007 through Feb. 28, 2009 1:4

3. Divide the first figure by the second figure to get your modified average earnings. To show how the Pension Plan calculated your modified average earnings, assume you began working at Motorola in 2001 and that you retire on Dec. 31, 2013. As shown in the sample earnings history table below, the five years of highest pay within the 10 calendar years before Jan. 1, 2008 (indicated by asterisk) were 2003, 2004, 2005, 2006, and 2007. These were then added to your pay for calendar year 2008 and your pay through Feb. 28, 2009 and divided by 6.139726. In this example, your modified average earnings are $42,863. Calculating your modified average earnings Year Earnings Year Earnings 2001 $37,000 2006 $41,000* 2002 $38,000 2007 $45,000* 2003 $39,000* 2008 $47,000 2004 $43,000* 2009 (Jan. 1 Feb. 28) $8,167 2005 $40,000* 2010 Not applicable (pay after Feb. 28, 2009, isn t eligible under the Plan) Note: Your compensation history and your years of service included years you worked at Motorola past age 65 before March 1, 2009. If you re a former GI employee, only compensation earned while at Motorola counted when determining your final average earnings under the Portable Plan. Your final average earnings Your final average earnings are your average compensation for the five years of your highest pay during the last 10 calendar years (including years you didn t work a complete year) of your Motorola employment. To show how to calculate your final average earnings, assume you began working in 1998 and you retired on Aug. 1, 2007. As shown in the sample earnings history table below, the five years of highest pay (indicated by asterisk) are 2001, 2003, 2004, 2005, and 2006. In this example, your final average earnings are $45,000. Calculating your final average earnings Year Earnings Year Earnings 1998 $37,000 2003 $41,000* 1999 $38,000 2004 $45,000* 2000 $39,000 2005 $47,000* 2001 $43,000* 2006 $49,000* 2002 $40,000 2007 $28,000 (partial year) Note: Your compensation history and your years of service included years you worked at Motorola past age 65 before March 1, 2009. If you re a former GI employee, only compensation earned while at Motorola counted when determining your final average earnings under the Portable Plan. 1:5

Step seven: Understand what your compensation includes. Your compensation was a major factor when calculating your benefit. Before March 1, 2009, your compensation or pay included all of the following: Regular base salary Sales Incentive Plan payments or commissions Engineering Incentive Plan payments Shift differentials Overtime Lump-sum merit pay (beginning Jan. 1, 2000) Your contributions to the 401(k) Plan, Health Care Flexible Spending Account (FSA), or Dependent Care Account (DCA), or other pretax contributions to a Section 125 plan or qualified transportation fringe benefit program From Jan. 1, 2000 through Feb. 3, 2002, any payments you received under the Incentive Pay Plan, the Performance Excellence = Rewards Incentive Plan, or other similar incentive plans were also included as compensation. After Feb. 3, 2002, these amounts were excluded from pay as noted below. Your pay didn t include any of the following: Other awards Payments received under the Motorola Incentive Pay Plan or other similar incentive plans Individual bonuses Any payments you received under the Pension Plan or the 401(k) Plan Severance or other termination payments Moving allowances Educational allowances Cost-of-living adjustments Noncash payments Overseas allowances For purposes of determining your benefit under the Plan, your annual compensation could not exceed the 401(a)(17) limit imposed by the Internal Revenue Code (IRC) in any year ($245,000 in 2009). Step eight: Learn how your Social Security benefit is determined. The Traditional Pension Plan formula used your Social Security benefit when calculating your benefit accrued through the earlier of your actual retirement date or Feb. 28, 2009. Your Social Security benefit is the estimated amount of your Social Security retirement benefit payable to you at age 65 (projected as of Feb. 28, 2009, if you weren t yet age 65). Your Social Security benefit was based on both of the following: The Social Security law in effect on the earlier of Jan. 1 of the year you left the company or Feb. 28, 2009. Your final average earnings (before Jan. 1, 2008) or your modified average earnings (from Jan. 1, 2008 through Feb. 28, 2009) When the Pension Plan was frozen, if you were a Traditional Pension Plan participant, you were given the opportunity to submit a copy of your actual Social Security award letter or your actual Social Security wage history no later than Dec. 31, 2009 to determine whether you would be entitled to a greater benefit. No adjustments based on actual Social Security will be made after Dec. 31, 2009. Your spouse s Social Security benefit doesn t affect the amount of your benefit. Also, an increase in your Social Security benefit after Feb. 28, 2009 doesn t affect your benefit in any way. 1:6

What s the benefit percentage? The Portable Pension benefit percentage is based on the benefit service you earned on or after July 1, 2000 and your vesting service. It s determined by taking the sum of the following figures: 4 percent for each year of benefit service earned while you have five or fewer years of vesting service 5 percent for each year of benefit service earned while you have more than five but no more than 10 years of vesting service 6 percent for each year of benefit service earned while you have more than 10 but no more than 15 years of vesting service 7 percent for each year of benefit service earned while you have more than 15 years of vesting service The Portable Pension Plan From Jan. 1, 2008, through Feb. 28, 2009 (unless your employment terminated earlier), your benefit under the Portable Plan was based on your modified average earnings and a benefit percentage determined by your vesting benefit service. Before Jan. 1, 2008, the Portable Plan provided a pension benefit based on your final average earnings through Dec. 31, 2007. This section identifies how the Portable Plan works for eligible employees who may receive this benefit. The Portable Plan lets you receive your benefit as a lump sum or an annuity when you leave the company, provided you have at least three years of service. If you don t have three years of service, you may still be entitled to a Portable Pension benefit if you leave the company because of disability or after you reach age 60 with at least one year of service. If you participated in the Traditional Plan before July 1, 2000, the Portable Plan counts your vesting service both before and after July 1, 2000. Your benefit service was calculated on and after July 1, 2000 to determine your Portable Pension benefit. However, only your benefit service before July 1, 2000 was used to calculate your frozen Traditional Pension benefit. Portable Pension Plan formula (as of March 1, 2009) If you were a pension-eligible employee and participated in the Portable Plan as of March 1, 2009, it s important to understand how your Plan formula was calculated. In this case, your Pension Plan benefit under the Portable Plan was frozen as of Feb. 28, 2009 in the form of a single life annuity, payable at age 65, using the following calculation: The greater of: Your Portable Pension benefit as of Feb. 28, 2009, based on your modified average earnings as of Feb. 28, 2009 Your Portable Pension benefit as of Feb. 28, 2009 was computed using the following formula: or Your Pension benefit earned as of Dec. 31, 2007, based on your final average earnings as of Dec. 31, 2007 (referred to as your frozen Dec. 31, 2007 Portable Pension benefit ) Your modified average earnings through Feb. 28, 2009 x Your benefit percentage as of + Your frozen Traditional Pension Plan benefit expressed as a lump sum as of Feb. 28, 2009 or as an annuity factor as of Feb. 28, 2009 Feb. 28, 2009 (if applicable) Your frozen Dec. 31, 2007 Portable Pension benefit was computed using the following formula: Your final average earnings as of Dec. 31, 2007 x Your benefit percentage as of + Your frozen Traditional Pension Plan benefit expressed as a lump sum as of Dec. 31, 2007 or as an annuity factor as of Dec. 31, 2007 Dec. 31, 2007 (if applicable) See The Portable Pension Plan (above) for how the Portable Plan calculates your years of service for vesting and benefit service purposes. 1:7

Preserving your frozen benefit amount When you terminate employment, you may receive your benefit either as an immediate lump sum or as an immediate annuity. If you ve continued to work for the company after Feb. 28, 2009, your frozen Portable Pension benefit was calculated as a lump-sum amount and then converted to an age-65 single life annuity amount. This amount, known as the frozen single life annuity, is the value that was frozen as of Feb. 28, 2009. It won t change in the future. If you elect to receive your benefit as an immediate lump sum after you terminate employment, the frozen single life annuity will be converted to an immediate lump sum payable when you choose to receive it. This conversion will use an interest rate and mortality factor as required by federal regulations. (The applied rate and factor may or may not be the same as when your benefit was originally converted to a single life annuity amount.) Since the required interest rates fluctuate from time to time, the amount of the lump sum you receive may or may not equal the lump sum amount calculated as of Feb. 28, 2009. (For more information on how a benefit is converted between a lump sum and an annuity, see Converting your Pension Plan benefit from an annuity to a lump sum.) If you elect an annuity, you ll receive monthly payments for life. Depending on the annuity option you select, your surviving spouse or beneficiary may also receive monthly payments for the remainder of his or her life. If you start receiving your annuity earlier than age 65, your frozen single life annuity will be adjusted for commencement before age 65 and for survivor benefits, if applicable. (See Receiving your benefits for more information on receiving your pension as an annuity.) 1:8

Determining your Portable Pension Plan benefit Here are two examples to show how the Portable Plan calculates and pays out a benefit for participants who leave the company after Feb. 28, 2009. The first example assumes you didn t participate in the Traditional Plan, and the second assumes you did. As a result, the second example shows how your frozen accrued benefit under the Traditional Plan was converted to a lump sum and included in your benefit. Example 1: Determining your Portable Pension benefit (without a frozen Traditional Pension benefit) To show how the Portable Plan calculated the benefit for a participant who began work on or after July 1, 1999, assume the following: Hire date with Motorola: Jan. 1, 2000 Final average earnings computed as of Dec. 31, 2007: Termination date: Jan. 1, 2014 $35,400 Age at termination: 50 Modified average earnings as of Feb. 28, 2009: $40,091 Frozen Dec. 31, 2007 Portable Pension benefit payable as a lump sum at age 50: $16,765 Years of benefit service: 9.166667 (8 years before Jan. 1, 2008 and 1.166667 years from Jan. 1, 2008 through Feb. 28, 2009) Payment option you elect: Lump sum at termination (age 50) Modified average earnings $40,091 This is your modified average earnings. x Benefit percentage 40.8333% 4% for first 5 years of benefit service = 20.0000%, plus + 5% for next 4.166667 years of benefit service = 20.8333% (20.0000% + 20.8333% = benefit percentage) Frozen Traditional Pension benefit $0 Since you began work on or after July 1, 1999, you didn t participate in or accrue a benefit under the Traditional Plan. = Portable Pension benefit at Feb. 28, 2009 $16,370 This was the lump sum at Feb. 28, 2009 (40.8333% x $40,091 = your Portable Pension benefit). Annuity factor on Feb. 28, 2009 3.82771 This was the factor used to convert the lump sum accrued on Feb. 28, 2009 to a single life annuity payable at age 65. This factor was based on your age and the interest rates and mortality assumptions on Feb. 28, 2009. = Annual Portable Pension accrued benefit x Lump-sum factor at termination (distribution date) = Lump-sum Portable Pension benefit at termination (distribution date) $4,277 This benefit is based on a single life annuity beginning at age 65. This amount was frozen as of Feb. 28, 2009. 5.51239 This is the factor used to convert the annuity to a lump sum at the distribution date. This factor is based on your age and the interest rates (this example assumes 5%) and mortality assumptions in effect for 2013. $23,576* This is the lump sum you receive upon termination of employment at age 50. * Since your Portable Pension benefit as a lump sum at age 50 ($23,576 determined using your modified average earnings) is greater than your frozen Dec. 31, 2007 Portable Pension benefit as a lump sum at age 50 ($16,765), you receive the greater benefit of $23,576. These numbers are rounded. 1:9