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shall be entitled to whatever death benefit nay be available under
the settlement arrangements pursuant to which the Participant's
benefit is-made payable.
(b) The Administrator may require such proper proof of death
and such evidence of the right of any person to receive the death
benefit payable as a result of the death of a Participant as the
Administrator may deem desirable. The Administrator's determination
of death and the right of any person to receive payment shall
be conclusive.
(c) Each Employes, upon becoming a Participant, nay designate
in writing a Beneficiary of his own choosing, and may, in addition,
name a contingent Beneficiary. Such designation shall be Wade
in a form satisfactory to the Administrator. Any Participant
may, at any time, revoke his designation of Beneficiary by filing
written notice of such revocation or change with the Administrator.
Any Participant may, at any time, revoke his designation of Benefi-
ciary by filing written notice of such revocation or change with
the Administrator. In the event no Beneficiary or contingent
Beneficiary is surviving at the time any payment is to be Wade,
then such payment shall be made to such Participant's spouse if
living, or if there is no spouse living, to the Participant's -
issue per stirpes, or if neither the Participant's spouse nor
any of his issue are living, then to such Participant's estate.
(d) The death benefit payable per paragraph (a)(i) above
shall be paid pursuant to the provisions of Section 5.6 of this
Article.
5.5 TERMINATION OF EMPLOYMENT BEFORE RETIREMENT.
(a) If a Participant's employment is terminated for reasons other
than retirement, death, or Total and Permanent Disability, his
participation in the Plan shall cease. The vested portion of
a Participant's Accrued-Benefit shall be paid to the Participant
within 60 days following the end of the Plan Year in which the
Former Participant's Normal Retirement Date or Early Retirement
Date (if the Former Participant met the Years of Service requirement)
occurs, or in the event of his death, or Total and Permanent Disabil=
ity if earlier.
f
f However, the Administrator may, in accordance with a nondiscriminatory
policy, direct earlier payment of the Vested portion of the Present
Value of Accrued Benefit. If the Vested portion of the Present
Value of Accrued Benefit at time of payment exceeds ;1,750, the
Participant must give consent to the Administrator before payment
can be made. That portion of a terminated Participant's Accrued
Benefit that is not Vested shall be forfeited and used only to
6 reduce future costs of the Plan. In no event, however, shall
a distribution be made to a Former Participant until such time
as he has inccured a 1-Year Break in Service.
t
However, if the Vested portion of the Participant's Present Value
of Accrued Benefit does not exceed ;1,750, the Administrator shall
direct the Trustee to distribute such amount to such Participant
within a reasonable time after the Anniversary Date coinciding
with or next following such Participant's termination of employment.
~ If Contracts have been issued under the Plan on the life of a Former
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