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PBI » Topics » Time and Form of Payment for Distributions Upon Termination of Employment.

This excerpt taken from the PBI 10-K filed Mar 13, 2006.
Time and Form of Payment for Distributions Upon Termination of Employment. In the event of a Termination of Employment, the Company shall pay the balance in the Retirement Sub-Account and the remaining balance in any In-Service Sub-Accounts, valued as of the applicable Valuation Date, to the Participant in a single lump sum as soon as administratively practicable following the date of Termination of Employment.

 

Section 8.04

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