Additional Records For Plans Under ABA Members Pension Plan Sample Clauses

Additional Records For Plans Under ABA Members Pension Plan. For Plans that have adopted the ABA Members Pension Plan, State Street shall (a) maintain records of the accrued benefit, vested percentage, retirement date and designated beneficiaries of each Participant under the ABA Members Pension Plan, as provided in the ABA Members Pension Plan and the Master Trust, and (b) provide, directly or through an independent actuarial firm, all actuarial services required under the ABA Members Pension Plan. If State Street retains an independent actuarial firm, (x) such services shall be performed under the supervision of State Street and State Street shall remain responsible for such performance, (y) any contract between State Street and an independent actuarial firm shall provide that upon termination of such contract, all records (in their then current format and structure) that were created or maintained in connection with the ABA Members Plans shall be transferred to State Street or its designated agent or, if on or after the Date of Termination, to ABRA or its designated agent, and (z) State Street shall use all reasonable efforts either to include a provision in any contract to the effect that, or otherwise to cause the result that, such transfer be made without additional cost to the Program or State Street or ABRA (including their designated agents). To the extent that Equitable or any other financial institution or third party (other than an Employer, Participant or Investor) provides information to State Street or such independent actuarial firm, State Street and such independent actuarial firm may rely on the information so furnished. To the extent an Employer, Participant or Investor provides information to Xxxxx Xxxxxx, Xxxxx Xxxxxx may rely on the information so furnished, unless on its face such information appears to be incorrect or invalid.

Additional Records For Plans Under ABA Members Pension Plan. 23 ----------------------------------------------------------- 7.04 Distributions and Withdrawals................................ 24 ----------------------------- 7.05 Tax Penalties on Distributions............................... 24 ------------------------------ 7.06 State Street as Payor........................................ 25 --------------------- 7.07 Account Statements........................................... 25 ------------------ 7.08 Forms 5500, Annual Reports and Other Information............. 25 ------------------------------------------------ 7.09 Section 415 Monitoring....................................... 26 ---------------------- 7.10 Section 401(k) and 401(m) Testing............................ 26 --------------------------------- 7.11 Written Communications to Employers and Investors............ 26 ------------------------------------------------- 7.12 Inquiries and Complaints..................................... 27 ------------------------ 7.13 Notices and Elections by Participants........................ 27 ------------------------------------- 7.14 Address for Communications to Participants................... 27 ------------------------------------------ 7.15 Year 2000 Compliance......................................... 27 -------------------- 7.16 Plan Administrator........................................... 28 ------------------