Please refer to the
Summary Plan Description for further details on plan benefits and the investment options available.
Employees' Retirement Plan
The Employees' Retirement Plan is a pension plan, designed to provide you
with a guaranteed monthly income at your retirement, paid entirely by Duke.
You automatically become a member of the plan if you are over age 21
and have completed one year of employment, working at least 1,000 hours. You
will be entitled to receive plan benefits after completing five years of
continuous service, which is called vesting.