Form 14035 - Pilot Questionnaire For Governmental Plans Initiative Page 17
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24Pilot Questionnaire for Governmental Plans Initiative
PART 4 - PLAN OPERATION
Governmental plans that intend to be qualified under Code section 401(a) must satisfy a
number of statutory and regulatory requirements and must operate in accordance with the
terms of their plans. This section sets forth a summary of various requirements and requests
information concerning the satisfaction of those requirements.
32. Code section 401(a)(9) requires that a minimum distribution be made to a participant by April 1 of the
calendar year following the calendar year in which the participant attains age 70½; or if later, the calendar
year in which the participant retires.
Describe the policies and procedures that the Plan uses to identify terminated Plan participants who are
required to receive a required minimum distribution.
33. Code section 401(a)(17) provides an annual limit on the amount of compensation that can be taken into
account to determine participants’ benefits.
Describe the policies and procedures that the Plan uses to track and limit participants’ compensation in
this regard.
34. Code section 401(a)(31) provides that a participant has the right to make a direct trustee-to-trustee transfer
of an eligible rollover distribution (such as a lump sum distribution or a refund of employee contributions).
Note: each participant should receive a notice under Code section 402(f) (See Notice 2002-3).
Describe the policies and procedures that the Plan uses to notify participants who are to receive an eligible
rollover distribution that they have the right to a direct rollover.
14035
Form
(Rev. 02-2009)
Catalog Number 52098A
Page 17
Department of the Treasury - Internal Revenue Service
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