Section 4440.85  Involuntary Lump Sum Distributions

Involuntary lump sum distributions shall not be made except in the following situations:

a)         The distribution is made to a member who is at least normal retirement age under the plan.

b)         The distribution to be made to a member does not exceed $1000 (excluding rollover contributions).

c)         The distribution is made to a survivor or beneficiary of a member.