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16 <br />GN - 150079 Specimen 457(b) Plan Document <br />GPLANLVL – CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />request with the Administrator before the date on which b enefits are to commence. However, in <br />no event may distribution of benefits commence later than his or her "required beginning date". <br />Distributions required to commence under this section shall be made in the form of bene fit <br />provided under Section 6.5. Distributions postponed until the Participant ’s "required beginning <br />date" will be made in a manner that meets the requirements of Section 6.6. <br />6.3 Distributions on Account of Participant's Death <br />Upon receipt of satisfactory proof of the Participant ’s death, the designated Beneficiary may file <br />a request with the Administrator to elect a form of benefit provided under Section 6.5 and made <br />in a manner that meets the requirements of Section 6.6. <br />(a) Death of Participant Before Distributions Begin . If the Participant dies before his or her <br />distributions begin, the designated Beneficiary may elect to have distributions to be made <br />(i) in full within 5 years of the Participant’s death (5 -year rule) or (ii) in installments over <br />the designated Beneficiary ’s "life expectancy" (life expectancy rule). <br />If the designated Beneficiary does not make an election b y September 30 of the year <br />following the year of the Participant's death, the Participant's Account Balance will be <br />distributed in a lump sum payment by December 31 of the calendar year containing the <br />fifth anniversary of the Participant's death or if the Participant’s spouse is the sole <br />designated Beneficiary by December 31 of the year the Participant would have attained <br />age 70 ½. <br />(b) Death of Participant On or After Date Distributions Begin . If the Participant dies on or <br />after his or her distributions began, the Participant's Account Balance shall be paid to the <br />Beneficiary at least as rapidly as under the payment option used before the Participant's <br />death. <br />For purposes of this Section, a Participant who dies on or after January 1, 2007, while <br />performing q ualified military service (as defined in Code Section 414(u)) will be deemed to have <br />resumed employment in accordance with the Participant's reemployment rights under chapter 43 <br />of title 38, United States Code, on the day preceding death and to have termin ated employment <br />on the actual date of death for purposes of determining the entitlement of the Participant's <br />survivors to any additional benefits (other than benefit accruals relating to the period of qualified <br />military service) provided under the Plan, in accordance with the provisions of Code Sections <br />401(a)(37), 414(u)(9), and 457(g)(4). <br /> <br />6.4 Distribution of Small Account Balances Without Participant's Consent <br />Notwithstanding any other provision of the Plan to the contrary, if the amount of a Participan t’s <br />or Beneficiary ’s Account Balance (including the rollover contribution separate account) is not in <br />excess of the amount specified below on the date that payments commence under Section 6.2 or <br />on the date the Administrator is n otified of the Participant's death, the Administrator may direct <br />469