Petition Text: 21501-FA-NonDis-O

Understanding Petition Numbers

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Add new Section 5.13 effective January 1, 1997:

5.13 Transfers Out of the Plan. Subject to limitations imposed by law, all or a portion of a Participant's Clergy Account, excluding amounts required to be distributed under Section 5.05e, if any, may be transferred directly to a Code section 403(b)(1) annuity contract, a Code section 403(b)(7) custodial account or a Code section 403(b)(9) retirement income account upon the request of the Participant, in accordance with procedures established by the Board, provided that benefit payments have not commenced with respect to such accumulations.

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Petition Text: 21501-FA-NonDis-O
1996 United Methodist General Conference