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Last modified
2/23/2016 2:19:28 PM
Creation date
10/1/2015 1:31:25 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/2010
Control Number
2010-320E
Agenda Item Number
12.G.5
Entity Name
Florida League of Cities
Subject
Deferred Compensation Plan Amended February 2009
Florida Municipal Pension Trust Fund 457 Deferred Compensation Plan
Supplemental fields
SmeadsoftID
9174
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Florida Municipal Pension Trust Fund <br /> 457(b) Deferred Compensation Plan <br /> 14 . 1 Direct Rollover <br /> Consistent with IRC § 401 ( a) ( 31 ) and IRC § 457 (d) ( 1 ) (C ) , for any Distribution paid after <br /> December 31 , 2001 that is an eligible rollover distribution, the Distributee may elect, at <br /> the time and in the manner prescribed by the Plan Sponsor, to instruct the Plan Sponsor <br /> (and the Issuer) to have any portion of an eligible rollover distribution (within the <br /> meaning of IRC § 402 ( 0 ( 2) (A)) paid directly to an eligible retirement plan (within the <br /> meaning of IRC § 402 ( c) ( 8 ) (B ) ) specified by the Distributee . <br /> 15 . Administration of Distribution provisions <br /> 15 . 1 Claim for Distribution <br /> Any Distribution shall be paid only upon a completed and properly executed written claun <br /> made in a form acceptable to the Plan Sponsor that states under penalties of perjury all facts <br /> and authorizations necessary or appropriate to the Distribution, including but not limited to : <br /> • if the Distribution is a Retirement Distribution , appropriate evidence that the <br /> Participant has a Severance ; <br /> • if the Distribution is a Transfer Distribution , the Distributee ' s instruction as to the name <br /> and address of the trustee of the transferee eligible deferred compensation plan together <br /> with any other information that the Plan Sponsor, Plan Administrator or Master Trustee <br /> or Issuer reasonably requests , <br /> • if the Distribution is a Death Distribution, appropriate evidence of the Participant ' s <br /> death ; <br /> • if the Distribution is a Hardship Distribution , an appropriate certificate or evidence of <br /> the facts constituting the Participant ' s unforeseeable emergency; <br /> • if the Participant has a designated Beneficiary, the date-of-birth of the Designated <br /> Beneficiary; <br /> • if the Distribution is in the form of an Annuity Payout Option , the date-of-birth of any <br /> annuitant designated under the Annuity Payout Option ; and <br /> • whenever required by the Plan Sponsor, the date- of-birth of any person as relevant to <br /> the Distribution; and <br /> • if the Account consists of more than one Investment, the order in which any Investments <br /> are to be charged or liquidated to pay the Distribution ; and <br /> Florida Municipal Pension Trust Fund <br /> Florida League of Cities, Inc . <br /> Page 40 <br /> 021/01 /2009 <br />
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