Several benefit payment options. Flexibility in changing future deferrals. Ability to transfer assets from prior plans into the respective Plan offered by the Authority. Deferrals and earnings are put in trust in your name immediately. Benefit Commencement Date must be elected within 60 days after termination of employment.
Withdrawals are available to meet eligible unforeseen financial emergencies.
Deferrals and earnings are put in trust in your name immediately. Loan provisions and eligible financial hardship withdrawals are available. Legal dependent is someone you claim as a dependent on your federal income tax return. Uninsured property damage to your primary residence due to casualty or extraordinary and unforeseeable circumstances beyond your control Unforeseeable loss of family income Minimum account payout is also available for certain accounts to which no contributions have been made within the preceding 24 months. Death Hardship withdrawal.