§ 40-234. Election of Optional Benefits.

Latest version.

(a)

Manner of Electing Optional Benefits. Optional forms of benefit payments shall only be payable if a timely election is made. Such election must be in writing, signed by the Participant, on a form provided by the Board of Trustees.

(b)

Time Limits. Any optional form of benefit payment must be elected prior to commencement of benefits from this Pension Plan.

(Ord. No. 90-33, Ch. II, § 6-4, 5-21-91)

                    
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