Defined Contribution Plan
What If I Am Re-employed After Distribution of My Account Has Been Paid or Has Begun?
An additional Individual Account will be established. You may receive a distribution of your additional Individual Account, according to either of the following conditions:
- Your Individual Account balance due to additional contributions is $7,500 or less and you have severed your employment with all contributing employers
- Twelve consecutive months have passed since your most recent Covered Employment resulting in the additional Individual Account balance
- You have reached the later of your Normal Retirement Date or the first anniversary date of your most recent distribution
You may elect that your additional Individual Account be payable in any payment form available under the Plan related to your additional Individual Account balance. If you die before payment of your additional Individual Account balance has begun, your Individual Account balance will be paid as if you had died before retirement.