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UNH » Topics » 4. TREATMENT OF INSTALLMENT PAYMENTS. Effective for Plan Years beginning on or after January 1, 2008, Section 8.4.4(b) of the Plan Statement shall be amended to read in full as follows:

This excerpt taken from the UNH 10-K filed Feb 21, 2008.

4. TREATMENT OF INSTALLMENT PAYMENTS. Effective for Plan Years beginning on or after January 1, 2008, Section 8.4.4(b) of the Plan Statement shall be amended to read in full as follows:

 

  (b) For Post 2003-Accounts. Each subsequent distribution election filed with respect to the Participant’s Post-2003 Account shall supersede all prior distribution elections filed with respect to such specified portion of the Participant’s Post-2003 Account and shall be effective as to the specified portion of the Participant’s Post-2003 Account. If, however, the subsequent distribution election does not have the effect of delaying payment of the lump sum (or, in the case of installments treated as a single payment, the first installment) under the prior election for at least five (5) years, such distribution election shall be disregarded as if it had never been filed (and the prior effective distribution election shall be given effect).
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