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2.4. ERMUSR 12-12-2012
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2.4. ERMUSR 12-12-2012
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1/16/2013 10:41:07 AM
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City Government
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ERMUSR
date
12/12/2012
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Rollovers <br /> Distribution of a Participant 457 Rollover Account and a Participant Non-457 Rollover Account <br /> (Plan Section 4.1(b)): <br /> Amounts payable under a Participant 457 Rollover Account and a Participant Non-457 Rollover <br /> Account will be paid to a Participant: <br /> ❑Upon attainment of an event as described in Section 4.1 <br /> l )Upon the request of a Participant <br /> ❑Other: <br /> Unforeseeable Emergency Withdrawals(Plan Section 4.5): <br /> Unforeseeable Emergency Withdrawals N)will ❑ will not be permitted under the Plan. <br /> If Unforeseeable Emergency withdrawals are allowed by the Plan, the amount eligible for such <br /> withdrawals will consist of <br /> ¢Q The Participant Account <br /> ❑The Participant Deferral Account <br /> ❑The Participant 457 Rollover Account <br /> ❑The Participant Non-457 Rollover Account <br /> A Participant El may ❑may not take an Unforeseeable Emergency Withdrawal resulting from <br /> the illness or accident of a primary Beneficiary designated by the Participant. <br /> Small Balance Distribution(Plan Section 4.6): <br /> Small balance distributions attributable to a Participant Deferral Account will ❑will not be <br /> permitted under the Plan. <br /> Transfer of Amounts for Purchase of Service Credits in Governmental Retirement System <br /> (Plan Section 4.8) <br /> Participant Cil will ❑will not be permitted to transfer amounts under the Plan to a governmental <br /> retirement system in order to purchase service credits. <br /> This specimen plan document is intended to assist you and your counsel in adopting a 457(b)plan. Modifications may be <br /> required to meet your plan's particular objectives. (5/1109) <br />
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