New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 7 - ALTERNATE BENEFIT PROGRAM
Subchapter 8 - DISTRIBUTIONS AND MINIMUM DISTRIBUTION REQUIREMENTS-ABP RETIREMENT PLAN
Section 17:7-8.4 - Default retirement distribution
Universal Citation: NJ Admin Code 17:7-8.4
Current through Register Vol. 56, No. 6, March 18, 2024
If a distribution is required to begin according to 17:7-8.2 and the participant has not filed a claim by the date that is 90 days before the participant's required beginning date (as defined in 17:7-8.3 ), or if the Plan Administrator has denied a claim and an acceptable claim has not been filed before the applicable date, the Plan Administrator shall direct payment in a single sum distribution to the participant or beneficiary, as the case may be.
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