Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections
Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections
June 22-23, 2004 29190subsection (B) beginning with the first distribution calendar year and up toand including the distribution calendar year that includes the Participant’sdate of death.(C)Required Minimum Distributions After Participant’s Death.(1) Death On or After Date Distributions Begin.a) Participant Survived by Designated Beneficiary. If the Participantdies on or after the date distributions begin and there is a designatedBeneficiary, the minimum amount that will be distributed for eachdistribution calendar year after the year of the Participant’s death isthe quotient obtained by dividing the Participant’s account balanceby the longer of the remaining life expectancy of the Participant orthe remaining life expectancy of the Participant’s designatedBeneficiary, determined as follows:(i)(ii)(iii)The Participant’s remaining life expectancy is calculatedusing the age of the Participant in the year of death, reducedby one for each subsequent year.If the Participant’s surviving spouse is the Participant’s soledesignated Beneficiary, the remaining life expectancy of thesurviving spouse is calculated for each distribution calendaryear after the year of the Participant’s death using thesurviving spouse’s age as of the spouse’s birthday in thatyear. For distribution calendar years after the year of thesurviving spouse’s death, the remaining life expectancy ofthe surviving spouse is calculated using the age of thesurviving spouse as of the spouse’s birthday in the calendaryear of the spouse’s death, reduced by one for eachsubsequent calendar year.If the Participant’s surviving spouse is not the Participant’ssole designated Beneficiary, the designated Beneficiary’sremaining life expectancy is calculated using the age of theBeneficiary in the year following the year of theParticipant’s death, reduced by one for each subsequent year.b) No Designated Beneficiary. If the Participant dies on or after thedate distributions begin and there is no designated Beneficiary as ofSeptember 30 of the year after the year of the Participant’s death, theminimum amount that shall be distributed for each distributioncalendar year after the year of the Participant’s death is the quotientobtained by dividing the Participant’s account balance by theParticipant’s remaining life expectancy calculated using the age ofthe Participant in the year of death, reduced by one for eachsubsequent year.(2) Death Before Date Distributions Begin.a) Participant Survived by Designated Beneficiary. If the Participantdies before the date distributions begin and there is a designatedBeneficiary, the minimum amount that shall be distributed for eachdistribution calendar year after the year of the Participant’s death is
June 22-23, 2004 29191the quotient obtained by dividing the Participant’s account balanceby the remaining life expectancy of the Participant’s designatedBeneficiary, determined as provided in Section 8.3(a).b) No Designated Beneficiary. If the Participant dies before the datedistributions begin and there is no designated Beneficiary as ofSeptember 30 of the year following the year of the Participant’sdeath, distribution of the Participant’s entire interest shall becompleted by December 31 of the calendar year containing the fifthanniversary of the Participant’s death.c) Death of Surviving Spouse Before Distributions to Surviving Spouseare Required to Begin. If the Participant dies before the datedistributions begin, the Participant’s surviving spouse is theParticipant’s sole designated Beneficiary, and the surviving spousedies before distributions are required to begin to the survivingspouse under subsection (A)(2)(a), this subsection (C)(2) shall applyas if the surviving spouse were the Participant(D)Definitions(1) Designated Beneficiary. The individual who is designated as theBeneficiary under the Plan and is the designated Beneficiary under CodeSection 401(a)(9) and Treasury Regulation Section 1.401(a)(9)-1, Q&A-4.(2) Distribution calendar year. A calendar year for which a minimumdistribution is required. For distributions beginning before the Participant’sdeath, the first distribution calendar year is the calendar year immediatelypreceding the calendar year which contains the Participant’s RequiredBeginning Date. For distributions beginning after the Participant’s death,the first distribution calendar year is the calendar year in which distributionsare required to begin under subsection (A)(2). The required minimumdistribution for the Participant’s first distribution calendar year shall bemade on or before the Participant’s Required Beginning Date. The requiredminimum distribution for other distribution calendar years, including therequired minimum distribution for the distribution calendar year in whichthe Participant’s Required Beginning Date occurs, will be made on orbefore December 31 of that distribution calendar year.(3) Life expectancy. Life expectancy as computed by use of the Single LifeTable in Treasury Regulation Section 1.401(a)(9)-9.(4) Participant’s Account Balance. The Participant’s account balance as of thelast valuation date in the calendar year immediately preceding thedistribution calendar year (valuation calendar year) increased by the amountof any contributions made and allocated or forfeitures allocated to theParticipant’s account balance as of dates in the valuation calendar year afterthe valuation date and decreased by distributions made in the valuationcalendar year after the valuation date. The Participant’s account balance forthe valuation calendar year includes any amounts rolled over or transferredto the Plan either in the valuation calendar year or in the distributioncalendar year if distributed or transferred in the valuation calendar year.(5) Required Beginning Date. The Required Beginning Date of a Participant isApril 1 following the calendar year in which the Participant attains age 70½
- Page 11 and 12: June 22-23, 2004 29139LAW ENFORCEME
- Page 13 and 14: June 22-23, 2004 29141The federal D
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- Page 19 and 20: June 22-23, 2004 29147SCHOOL OF LIB
- Page 21 and 22: June 22-23, 2004 29149tuition rates
- Page 23 and 24: June 22-23, 2004 29151Academic Faci
- Page 25 and 26: June 22-23, 2004 29153DISTRICT IIJe
- Page 29 and 30: June 22-23, 2004 29157Biomedical Re
- Page 31 and 32: June 22-23, 2004 29159NON-SUBSTANTI
- Page 34 and 35: June 22-23, 2004 29162A copy of the
- Page 36 and 37: June 22-23, 2004 29164The Legislati
- Page 38 and 39: June 22-23, 2004 29166interceptor p
- Page 40 and 41: June 22-23, 2004 29168Several types
- Page 42 and 43: June 22-23, 2004 29170CONTINUATION
- Page 45 and 46: June 22-23, 2004 29173APPOINTMENT O
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- Page 51 and 52: June 22-23, 2004 29179ESTABLISHMENT
- Page 53 and 54: June 22-23, 2004 29181Department wa
- Page 55 and 56: June 22-23, 2004 29183amount, withi
- Page 57 and 58: June 22-23, 2004 29185Rick Hart, As
- Page 59 and 60: June 22-23, 2004 291871.2 General C
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- Page 65 and 66: June 22-23, 2004 29193President Bor
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- Page 69 and 70: June 22-23, 2004 291977 HSC -Testin
- Page 71 and 72: June 22-23, 2004 2919918 NC - Frami
- Page 73 and 74: June 22-23, 2004 29201CUMULATIVE TO
- Page 75 and 76: June 22-23, 2004 29203LEASE OF REAL
- Page 77 and 78: June 22-23, 2004 29205Malke, Horst,
- Page 79 and 80: June 22-23, 2004 29207Archer, Ann G
- Page 81 and 82: June 22-23, 2004 29209Yount, Brian
- Page 83 and 84: June 22-23, 2004 29211White, Kathry
- Page 85 and 86: June 22-23, 2004 29213Magsig, Micha
- Page 87 and 88: June 22-23, 2004 29215Wang, Yunheng
- Page 89 and 90: June 22-23, 2004 29217Pham, Ngoc Tr
- Page 91 and 92: June 22-23, 2004 29219Forren, Harry
- Page 93 and 94: June 22-23, 2004 29221Rothoff, Rodn
- Page 95 and 96: June 22-23, 2004 292233) change his
- Page 97 and 98: June 22-23, 2004 29225Schmidt, Jerr
- Page 99 and 100: June 22-23, 2004 29227LITIGATIONThi
- Page 101 and 102: June 22-23, 2004 29229CAMERON UNIVE
- Page 103 and 104: June 22-23, 2004 29231Substantially
- Page 105 and 106: June 22-23, 2004 29233sessions, stu
- Page 107 and 108: June 22-23, 2004 29235fee. As noted
- Page 109 and 110: June 22-23, 2004 29237committee. Pr
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<strong>June</strong> <strong>22</strong>-<strong>23</strong>, <strong>2004</strong> 29190subsection (B) beginning with the first distribution calendar year and up toand including the distribution calendar year that includes the Participant’sdate <strong>of</strong> death.(C)Required Minimum Distributions After Participant’s Death.(1) Death On or After Date Distributions Begin.a) Participant Survived by Designated Beneficiary. If the Participantdies on or after the date distributions begin and there is a designatedBeneficiary, the minimum amount that will be distributed for eachdistribution calendar year after the year <strong>of</strong> the Participant’s death isthe quotient obtained by dividing the Participant’s account balanceby the longer <strong>of</strong> the remaining life expectancy <strong>of</strong> the Participant orthe remaining life expectancy <strong>of</strong> the Participant’s designatedBeneficiary, determined as follows:(i)(ii)(iii)The Participant’s remaining life expectancy is calculatedusing the age <strong>of</strong> the Participant in the year <strong>of</strong> death, reducedby one for each subsequent year.If the Participant’s surviving spouse is the Participant’s soledesignated Beneficiary, the remaining life expectancy <strong>of</strong> thesurviving spouse is calculated for each distribution calendaryear after the year <strong>of</strong> the Participant’s death using thesurviving spouse’s age as <strong>of</strong> the spouse’s birthday in thatyear. For distribution calendar years after the year <strong>of</strong> thesurviving spouse’s death, the remaining life expectancy <strong>of</strong>the surviving spouse is calculated using the age <strong>of</strong> thesurviving spouse as <strong>of</strong> the spouse’s birthday in the calendaryear <strong>of</strong> the spouse’s death, reduced by one for eachsubsequent calendar year.If the Participant’s surviving spouse is not the Participant’ssole designated Beneficiary, the designated Beneficiary’sremaining life expectancy is calculated using the age <strong>of</strong> theBeneficiary in the year following the year <strong>of</strong> theParticipant’s death, reduced by one for each subsequent year.b) No Designated Beneficiary. If the Participant dies on or after thedate distributions begin and there is no designated Beneficiary as <strong>of</strong>September 30 <strong>of</strong> the year after the year <strong>of</strong> the Participant’s death, theminimum amount that shall be distributed for each distributioncalendar year after the year <strong>of</strong> the Participant’s death is the quotientobtained by dividing the Participant’s account balance by theParticipant’s remaining life expectancy calculated using the age <strong>of</strong>the Participant in the year <strong>of</strong> death, reduced by one for eachsubsequent year.(2) Death Before Date Distributions Begin.a) Participant Survived by Designated Beneficiary. If the Participantdies before the date distributions begin and there is a designatedBeneficiary, the minimum amount that shall be distributed for eachdistribution calendar year after the year <strong>of</strong> the Participant’s death is
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