Common use of BENEFIT PAYMENT ELECTIONS Clause in Contracts

BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not later than 30 days, before the Participant's annuity starting date, the Advisory Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.

Appears in 5 contracts

Samples: Adoption Agreement (Motor Cargo Industries Inc), Nci Building Systems Inc, FBL Financial Group Inc

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BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not later than 30 days, before the Participant's annuity starting date, the Advisory Administrative Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.

Appears in 2 contracts

Samples: Goodmark Foods Inc, Conagra Inc /De/

BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not ninety (90) days before nor later than 30 days, thirty (30) days before the Participant's annuity starting date, the Advisory Committee Plan Administrator must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.. A distribution may commence less than 30 days after the benefit notice is given, provided that:

Appears in 2 contracts

Samples: The Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc), The Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)

BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not later than 30 days, before the Participant's annuity starting date, the Advisory Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.notice

Appears in 1 contract

Samples: Mmi Products Inc

BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not later than 30 days, before the Participant's annuity starting date, the Advisory Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.who

Appears in 1 contract

Samples: Section Reference Plan Definition (Autobytel Com Inc)

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BENEFIT PAYMENT ELECTIONS. (a) Not earlier than 90 days, thirty (30) days but not later than 30 days, ninety (90) days before the a Participant's annuity starting dateAnnuity Starting Date, the Advisory Committee Plan Administrator must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.036.09. The benefit notice must explain the optional forms of benefit in available under the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age sixty-two (62).

Appears in 1 contract

Samples: Plan and Trust (Krispy Kreme Doughnuts Inc)

BENEFIT PAYMENT ELECTIONS. Not earlier than 90 days, but not later ------------------------- than 30 days, before the Participant's annuity starting date, the Advisory Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62.

Appears in 1 contract

Samples: Firstbank Corp/Id

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