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FL » Topics » 7. Death or Disability of a Participant .

This excerpt taken from the FL 8-K filed Aug 17, 2007.

7. Death or Disability of a Participant.

          (a) In the event of the death of a Participant, whether before or after Retirement, the balance, if any, of the Participant's Account shall be paid to the Participant's Beneficiary in a lump sum as soon as administratively feasible following the Participant's death.

          (b) In the event of the Disability of a Participant prior to Participant's Retirement, the balance, if any, of the Participant's Account shall be distributed to the Participant in a lump sum as soon as administratively feasible following the determination of such Disability.

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