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Florida Municipal Pension Trust Fund
<br /> 457(b) Deferred Compensation Plan
<br /> Any person other than the Plan Administrator who performs services regarding the Plan
<br /> (including but not limited to the Agent) is entitled to rely upon any direction, instruction ,
<br /> information , or action (or failure to act) of the Plan Sponsor or Plan Administrator as
<br /> being proper under this Plan, and is not required to inquire into the propriety or
<br /> correctness of any such direction, instruction, information , or action .
<br /> 16 .8 Plan Sponsor official may not decide personal benefit
<br /> An individual shall recuse himself or herself from and shall take no part in any Plan
<br /> Sponsor determination or decision specifically relating to his or her own participation or
<br /> Deferred Compensation , unless his or her abstention would render the Plan Sponsor,
<br /> committee or organization incapable of acting on the matter .
<br /> 17 . General provisions
<br /> 17 . 1 Anti-alienation
<br /> In addition to ( and not by limitation upon) the provisions of the Plan and any provision of
<br /> applicable law , any benefit or interest available under the Plan, or any right to receive or
<br /> instruct payments under the Plan, or any Distribution or payment made under the Plan
<br /> shall not be subject to assignment ( except under a disclaimer permitted by
<br /> Provision 15 . 14 [ "Disclaimer by Beneficiary") , alienation , garnishment, attachment ,
<br /> transfer, anticipation , sale, mortgage, pledge, hypothecation , commutation, transfer by
<br /> operation of law, execution, or levy (except according to Provision 17 . 9 ["IRS levy") , or
<br /> other encumbrance of any kind , whether by the voluntary or involuntary act of any
<br /> interested person , for any reason (including but not limited to , divorce , marital
<br /> separation , alimony, child support , bankruptcy, insolvency ) , or any other order of any
<br /> court at law or equity .
<br /> The Participant or Beneficiary has no right to commute , sell , assign , pledge , transfer, or
<br /> otherwise convey, use , or encumber any right or future interest to receive any payments
<br /> under the Plan , and each such right or interest is expressly declared to be non- assignable
<br /> and non-transferable . Any attempted alienation or encumbrance is void .
<br /> Any right of the Participant or Beneficiary is personal and , except as provided below ,
<br /> cannot be exercised by any personal representative, attorney , trustee , guardian ,
<br /> conservator, trustee in bankruptcy, court of law or equity, or other person or entity
<br /> seeking to act in the name of or by the right of the Participant or Beneficiary . However,
<br /> the Plan Sponsor may accept instructions given by a personal representative if the
<br /> Participant or Beneficiary is determined to be incompetent or incapacitated by a court of
<br /> competent jurisdiction or by written expert opinion acceptable to the Plan Sponsor.
<br /> This Provision shall not be construed to preclude the payment of any Fees or any
<br /> expenses ( including taxes) of the Master Trustee . Deferred Compensation ( and any right
<br /> Florida Municipal Pension Trust Fund
<br /> Florida League of Cities, Inc .
<br /> Page 48
<br /> 02'01 /2009
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