Default Rollover. The Trustee in the case of a distributee who does not respond timely to the notice described in subsection (a) may make a direct rollover of the Participant’s Nonforfeitable Accrued Benefit to which the distributee is entitled (in the manner and subject to the procedures of Revenue Ruling 2000-36 or in any successor law or guidance) in lieu of distributing such Nonforfeitable Accrued Benefit to the distributee.
Appears in 2 contracts
Sources: Fire and Police Money Purchase Pension Plan and Trust Agreement, Pension Plan and Trust Agreement