The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:
(1) a lump sum payment; or
(2) a life annuity on a full cash refund or term-certain basis; or
(3) installments over a designated period of time.
The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:
(1) a lump sum payment; or
(2) a life annuity on a full cash refund or term-certain basis; or
(3) installments over a designated period of time.
The balance of the employee's savings account shall be paid in one of the following options as elected by the employee:
(1) a lump sum payment; or
(2) a life annuity on a full cash refund or term-certain basis; or
(3) installments over a designated period of time.
