Common use of Post-Retirement Death Benefits Clause in Contracts

Post-Retirement Death Benefits. (a) If a Participant dies after he or she has begun receiving benefits from the Plan, the Participant’s Account shall be paid to the Participant’s Beneficiary (check one): X In accordance with the minimum required distribution rules under Code section 401(a)(9). □ In a single lump sum as soon as administratively practicable. (b) If a Participant dies after he or she has begun receiving benefits from the Plan, the Plan X does / □ does not (check one) permit the Participant’s Beneficiary to designate a beneficiary for the Participant’s Account remaining at the Beneficiary’s death. This provision is in effect on and after January 1, 2014 (indicate a date on or after January 1, 2014).

Post-Retirement Death Benefits. (a) If a Participant dies after he or she has begun receiving benefits from the Plan, the Participant’s Account shall be paid to the Participant’s Beneficiary (check one): X In accordance with the minimum required distribution rules under Code section 401(a)(9). □ In a single lump sum as soon as administratively practicable. (b) If a Participant dies after he or she has begun receiving benefits from the Plan, the Plan X does / □ does not (check one) permit the Participant’s Beneficiary to designate a beneficiary for the Participant’s Account remaining at the Beneficiary’s death. This provision is in effect on and after January 1August 29, 2014 2016 (indicate a date on or after January 1, 2014).