27 Miss. Code. R. 240-VII-7.3

Current through October 31, 2024
Section 27-240-VII-7.3 - Application for Benefits

Procedures for receipt of benefits are initiated by contacting the Fund Sponsor(s). Benefits provided by Funding Vehicles or contract(s) to which Plan contributions have been applied will be payable by the Fund Sponsor(s) upon receipt of a request for benefits, and applicable supporting documentation, which the Fund Sponsor(s) determines to be in good order. The necessary forms will be provided to the Participant, the surviving spouse, or the Beneficiary by the Fund Sponsor(s). A representative of the Institution, or its designee, must approve all distributions of funds for the payment of benefits from the Plan, including rollover distributions, surrenders, or other forms of distribution/payment. The application process may be handled in writing or by electronic means.

27 Miss. Code. R. 240-VII-7.3

Amended 8/1/2015
Amended 2/1/2019
Amended 8/1/2020
Amended 2/1/2022