Examples of Current Plan in a sentence
If the Class Member has no election on file, the deposited amount shall be invested in the default investment option(s) designated by the Current Plan, and if the Current Plan has not designated any default investment option(s), in a target date fund commensurate with the Settlement Class Member’s retirement age or similar fund under the Current Plan.
As promptly as reasonably possible after deposit of the Distributable Settlement Amount into the Plan (per Section 3.2(c) of the Settlement Agreement), the Settlement Administrator shall forward to the current recordkeeper for the Plan the information and/or data needed for allocating into each Settlement Class Member’s account under the Current Plan his or her Settlement Class Member’s Final Entitlement Amount.