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DIS » Topics » 4.3 Late Commencement of Retirement Income

This excerpt taken from the DIS 10-K filed Nov 20, 2008.

4.3 Late Commencement of Retirement Income

If payment of a Participant’s vested Retirement Income is to commence or be made after his Normal Retirement Date, the Participant’s Retirement Income shall be equal to the amount that would be payable under Plan section 4.1 if the Participant’s Retirement Plan Benefit is determined as of the Benefit Calculation Date, instead of the Participant’s Normal Retirement Date.

 

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