Account Balance Is Greater Than $5,000

If your account balance is greater than $5,000, your spouse or beneficiary may elect to receive the balance in any one of the retirement payment options described before, except the qualified joint and survivor annuity. Payments begin the month following the application date but not later than 60 days after the close of the plan year following your death.

For additional information about preretirement death benefits, please see Article 5.