Commencement of Benefits. The benefits commence six (6) months from the date that disability began, which shall include the period of payment under the terms of the Short Term Income Protection Plan. Proof of disability must be submitted within six (6) months following the Qualifying Period.
Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day after the close of the Plan Year in which the latest of the following events occurs:
(1) the Participant attains age sixty-five (65) (or Normal Retirement Age if earlier),
(2) the tenth anniversary of the year in which the Participant commenced participation in the Plan, or
(3) the Participant terminates Service with the Employer.
(b) Notwithstanding the foregoing, the failure of a Participant and Spouse (if necessary) to consent to a distribution while a benefit is immediately distributable within the meaning of paragraph 6.6 hereof, shall be deemed an election to defer commencement of payment of any benefit sufficient to satisfy this paragraph.
Commencement of Benefits. The following provisions shall be applicable for determining when the distribution of benefits shall be made:
(a) If the Actuarial Value of a Participant's vested Accrued Benefit exceeds (or at the time of any prior distribution exceeded) $3,500, the Participant must consent to any distribution of such Accrued Benefit prior to the date the Participant has attained the later of Normal Retirement Age or age sixty-two (62). The consent of the Participant's spouse shall also be required if such distribution is made in any form other than a Qualified Joint and Survivor Annuity. The consent of the Participant and, if applicable, the Participant's spouse to any such distribution shall be obtained in writing within the ninety (90) day period ending on the Annuity Starting Date. The Committee shall provide the Participant with a written explanation of the material features and relative values of he optional forms of benefit available under the Plan. Such notice shall also notify the Participant of the right to defer distribution until Normal Retirement Age (or age sixty-two (62), if later), and shall be provided during the period beginning ninety (90) days before and ending thirty (30) days before the Annuity Starting Date. Notwithstanding the foregoing, only the Participant need consent to the commencement of a distribution in the form of a Qualified Joint and Survivor Annuity while the Accrued Benefit is immediately distributable. Neither the consent of the Participant nor the Participant's spouse shall be required to the extent that a distribution is required to satisfy section 401(a)(9) or section 415 of the Code. An Accrued Benefit is immediately distributable if any part of the Accrued Benefit could be distributed to the Participant (or surviving spouse) before the Participant attains (or would have attained if not deceased) the later of Normal Retirement Age or age 62. For purposes of determining the applicability of the foregoing consent requirements to distributions made before the first day of the first Plan Year beginning after December 31, 1988, the Participant's vested Accrued Benefit shall not include amounts attributable to accumulated deductible Employee contributions within the meaning of section 72(o)(5)(B) of the Code.
(b) Unless the Participant elects otherwise, in the event of the retirement or termination of employment of a Participant, the Committee shall determine the exact date on which payment of benefits shall commence, but such date shal...
Commencement of Benefits. Notwithstanding any other provision, unless the Participant elects otherwise, distribution of benefits will begin no later than the 60th day after the latest of the close of the Plan Year in which:
a. the Participant attains Normal Retirement Age;
b. occurs the 10th anniversary of the year in which the Participant commenced participation in the Plan; or
c. the Participant incurs a Termination of Employment. Notwithstanding the foregoing, the failure of a Participant and spouse to consent to a distribution while a benefit is immediately distributable, within the meaning of Section 6.02(B) of the Plan, shall be deemed to be an election to defer commencement of payment of any benefit sufficient to satisfy this Section.
Commencement of Benefits. Payment to Employee shall be paid to the Employee within five business days of the event that triggers the payment obligation.
Commencement of Benefits. (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day after the close of the Plan Year in which the latest of the following events occurs:
Commencement of Benefits. Benefits start after a qualifying period of one hundred and eighty (180) days from the commencement of total disability, provided proof of disability is submitted within six (6) months following the qualifying period.
Commencement of Benefits. Notwithstanding any other provision, unless the Participant elects otherwise, distribution of benefits will begin no later than the 60th day after the latest of the close of the Plan Year in which:
Commencement of Benefits. Benefits for eligible professional employees shall commence on the first (1st) day following exhaustion of sick leave but not sooner than the tenth (10th) day following the onset of the disability absence. If the professional employee incurs the disability on a day when he/she is not scheduled for duty in the School District, such as a vacation day, day during a leave of absence or day during a sabbatical leave, benefits shall not commence until the first day that the disability prevents him/her from performance of duties for the School District, provided he has satisfied the other provisions relating to commencement of benefits.
Commencement of Benefits. All newly hired employees or existing employees who become eligible for benefits under this article shall be provided the opportunity for coverage on the 1st of the month following the effective date of hire or status change. In order to enroll or to waive coverage, employees must follow the established SAU 41 procedures.