Waiver of 60-day Waiting Period Due to Financial Hardship
This request form is only available to a terminated employee. The waiver must be accompanied by a Distribution Request form. The amount allowed to be paid earlier than the 60-day period is limited to the amount related to the actual hardship and not the entire account balance.
The eligibility for payment of an account of a terminated employee may take place, with the approval of the Plan Administrator, earlier than the 60 days subsequent to termination of employment due to an immediate and heavy financial need. Please see the form for valid reasons to waive the 60-day waiting period.