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Fort Walton Beach Ordinance — 1837 - Restate Fire Fighters Pension Trust Fund — reading text
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thisthis Section
SectionSection
willwill apply
will applyapply for
forfor purposes
purposespurposes of
ofof determining
determining determining required
requiredrequired minimum
minimumminimum distributions
distributionsdistributions for
forfor
calendarcalendar years
calendar yearsyears beginning
beginning beginning with
withwith the
thethe 2003
20032003 calendar
calendarcalendar year.
year.year.
B.B.
B. PrecedencePrecedence
Precedence TheThe requirements
The requirementsrequirements of
ofof this
thisthis Section
SectionSection will
willwill take
taketake precedence
precedence precedence over
overover any
anyany
inconsistentinconsistent provisions
inconsistent provisionsprovisions of
ofof the
thethe Plan.
Plan.Plan.
C.C.
C. TEFRATEFRA Section
TEFRA SectionSection 242(
242(242( b)(
b)(b)( 2) Elections.Elections. Notwithstanding
2)2) Elections. NotwithstandingNotwithstanding the thethe other
otherother provisions
provisionsprovisions
ofof this
of thisthis Section
SectionSection other
otherother than
thanthan this
thisthis subsection C.,C., distributions
subsection subsection 1.1.1. C., distributions distributions may
maymay bebebe made
mademade
under
under under aaa designation
designationdesignation made
mademade before
beforebefore January
JanuaryJanuary 1,1,1, 1984,
1984,1984, in
inin accordance
accordance accordance with
withwith Section
SectionSection
242(242( b)(
242( b)(b)( 2)
2)2) of
ofof the
thethe Tax
TaxTax Equity
EquityEquity and
andand Fiscal
FiscalFiscal Responsibility
ResponsibilityResponsibility Act
ActAct
( ((TEFRA)
TEFRA)TEFRA) andandand the
thethe
provisionsprovisions of
provisions ofof the
thethe plan
planplan that
thatthat related
relatedrelated to
toto Section
SectionSection 242( b)(b)( 2)
242(242( b)( 2)2) of
ofof TEFRA.
TEFRA.TEFRA.
2.2.
2. TimeTime and
Time andand Manner
MannerManner of
ofof Distribution.
Distribution.Distribution.
A.A.
A. Required
Required Required Beginning Date.Date. The
BeginningBeginning Date. TheThe Member's
Member'Member' ss entire
entireentire interest
interestinterest will
willwill be
bebe distributed,
distributed,distributed,
oror
or eginegin to
egin toto be
bebe distributed,
distributed,distributed, to
toto the
thethe Member
MemberMember no
nono later
laterlater than
thanthan the
thethe Member's
Member'Member' ss required
requiredrequired
beginning
beginning beginning date
datedate which
whichwhich shall
shallshall not
notnot be
bebe later
laterlater than
