Madison71 Posted May 5, 2011 Report Share Posted May 5, 2011 We handle the TPA work on a DB non-electing church plan. Plan is terminating. The termination provisions permit the plan administrator to distribute assets in the normal or optional forms under the plan. The administrator has elected to pay out benefits in a lump sum to all. Is this ok - without sign-off by participant and spouse? Also, plan is paying out disability benefits in a monthly annuity - the document states that once the plan has terminated that the disability benefits stop. Is this ok? I know this is a non-electing church plan so the ERISA rules do not apply, but there is QJSA language in the plan document. Link to comment Share on other sites More sharing options...
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