2.4. ERMUSR 12-12-2012 - Laserfiche WebLink

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DISTRIBUTIONS Distribution Options (Plan Section 4.2(c)): 161 Joint and Survivor Annuity Q4 Lump sum $) Immediate or Deferred Annuity(including life annuities and installment payment annuities) DI) Systematic distribution option permitted under the Investment Product. fill Other: Partial Lump Sum NOTE: Distribution options selected are available to the extent permitted by applicable law and the terms of the Investment Product. In the event that a Participant does not elect a form of payment at the time that distributions are required to begin in accordance with Section 4.2,any benefits payable to the Participant will be made as follows: ❑ In the form of an Annuity payable over the Life Expectancy of the Participant that meets the requirements of Section 401(a)(9)of the code i4) Lump sum ❑ Other: Death Benefits Payable to Beneficiary(Plan Section 4.3(d)): Amounts payable to the Beneficiary may be elected by the Beneficiary in the following forms of benefit payment: aa Same distribution options as available to the Participant ❑Other: NOTE: Distribution options selected are available to the extent permitted by applicable law and the terms of the Investment Product. In the event a Beneficiary fails to make an election as to a benefit distribution option, any benefit payable to such Beneficiary will be distributed in accordance with Section 401(a)(9)of the Code. This specimen plan document is intended to assist you and your counsel in adopting a 457(b)plan. Modifications may be required to meet your plan's particular objectives. (511109) 6