Section 6-B2607. MISCELLANEOUS PROVISIONS

 

2607.1Any payment of, or right to, benefits shall be non-assignable and non-alienable, except as provided in the Plan Document.

 

2607.2The payment of, or right to, benefits under the Plan may be assigned to a non-participant pursuant to a qualified domestic relations order as provided in applicable law and regulation or in the Plan Document.

 

2607.3The liability of the Plan to any participant, former participant, or beneficiary with respect to the distribution of benefits shall be limited to his or her active or inactive account balance, as the case may be, as recorded on the books of the Administrator on the date of separation from service, disability, or death, and shall include any income earned thereafter.

 

2607.4The District may amend or terminate this Plan, provided that any amendment or termination shall not impair the rights of a vested participant or former participant, or his or her beneficiary, to receive any contributions, and income earned thereon, allocated to his or her active or inactive account, as the case may be, prior to the date of the termination or amendment of the Plan.

 

2607.5Prior to any material amendment to the Plan, the Administrator shall notify all participants, former participants, and beneficiaries in writing setting forth the nature of the amendment, the purpose of the amendment, and its likely impact on participants, former participants, and beneficiaries.

 

2607.6No vested benefits of participants, former participants, or beneficiaries shall be forfeited upon the termination of the Plan.

 

source

Final Rulemaking published at 37 DCR 954 (February 2, 1990).