Alternative Adjustment. In lieu of applying the old compensation fraction or new compensation fraction described in section 5.9(l), if the Employer elects, a Participant's adjusted Accrued Benefit will be determined by substituting the Participant's Compensation (as defined in section of the Plan) for the current Plan Year determined under the same Compensation formula and underlying definition of Compensation used to determine the Frozen Accrued Benefit of each Participant in the Fresh-Start group. If elected by the Employer in the Adoption Agreement, the Frozen Accrued Benefit of each section 401(a)(17) Participant in the Fresh-Start group will be adjusted in accordance with the following method: Section 401(A)(17) Participants Who Are OBRA '93 Section 401(A)(17) Participants Only:
Appears in 10 contracts
Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Money Market Instruments Inc), Adoption Agreement Dreyfus Standardized (Premier Strategic Growth Fund), Adoption Agreement Dreyfus Standardized (Dreyfus Global Growth Fund)
