- Additional beneficiary selections may be submitted in
writing to the MDCPT/SBA
I wish to designate the following beneficiary(ies)
in accordance with Article II:
Is this a change in beneficiary(ies)?
A complete enrollment packet, including the State
of Mississippi Deferred Compensation Plan & Trust Document
and prospectuses or investment option summaries, will be mailed
to you following SBA's receipt of your internet enrollment form.
If you do not receive your enrollment packet within five (5) business
days of your enrollment, please contact the MDCPT/SBA office.
I understand that there is an annual fee of $27
(annual fee will be waived for the first 12 months for any new participant
enrolling in the Plan 01/01/2009 or later) for Third Party Administrative
Services, and further understand that in accordance with Section 457 of the
Internal Revenue Code, an eligible State Deferred Compensation Plan cannot
make benefits available to participants before the earlier of
(1) separation from service or (2) the occurrence of an unforeseeable financial
emergency, as outlined above in this agreement (3) or by qualifying for a
Small Account Distribution. NOTICE: COMPENSATION DEFERRED MAY NOT BE WITHDRAWN
EXCEPT FOR THE ABOVE REASONS OR IN THE EVENT OF YOUR DEATH.
By submitting this Participant Agreement, I
understand and agree to all the terms and conditions as stated
herein. Prior to submitting this form, we recommend that you
print a copy and retain for your records.