North Dakota Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan

• Category: Corporations - Public - Agreements - Transfers
• State: Multi-State
• Control #: US-EG-9312
• Format: Word; Rich Text

Description

Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan between Semiconductor Components Industries, LLC and Motorola, Inc. regarding benefit pension plan meeting requirements of the Internal Revenue Service dated May 10, 1999. 6 pages. The North Dakota Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan is a comprehensive financial document that outlines the terms and conditions regarding the transfer of pension benefits for retirees in North Dakota who were part of the Motorola, Inc. Pension Plan. This agreement is crucial for ensuring a smooth transition and transfer of retirement funds from Motorola, Inc. to the designated retirement plan in North Dakota. Keywords: North Dakota Retirement Plan Transfer Agreement, Motorola, Inc. Pension Plan, pension benefits, retirees, transfer, retirement funds, transition, designated retirement plan. Different types of North Dakota Retirement Plan Transfer Agreements for the Motorola, Inc. Pension Plan could include: 1. Individual Pension Plan Transfer Agreement: This type of agreement is designed for individual retirees who are transferring their pension benefits from the Motorola, Inc. Pension Plan to a retirement plan in North Dakota. It includes specific details about the retiree's pension benefits, their chosen retirement plan, and the transfer process. 2. Group Pension Plan Transfer Agreement: This agreement is meant for a group of retirees who are collectively transferring their pension benefits from the Motorola, Inc. Pension Plan to a designated retirement plan in North Dakota. It incorporates the details of the group members' pension benefits, the selected retirement plan, and the transfer procedures applicable to all individuals in the group. 3. Lump Sum Pension Plan Transfer Agreement: In certain cases, retirees may choose to receive their pension benefits as a lump sum rather than a monthly pension. This type of agreement outlines the conditions and terms for transferring the lump sum amount from the Motorola, Inc. Pension Plan to a designated retirement plan in North Dakota, ensuring compliance with legal and regulatory requirements. 4. Vested Pension Plan Transfer Agreement: Retirees who have vested pension benefits but have not yet reached the plan's normal retirement age may consider transferring these benefits to a designated retirement plan in North Dakota. This agreement specifically addresses the transfer of vested pension benefits, the conditions for eligibility, and the process involved. By addressing these various types of transfer agreements, retirees from the Motorola, Inc. Pension Plan can ensure a smooth and efficient transition of their retirement funds to a North Dakota retirement plan that best suits their financial goals and needs.

The North Dakota Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan is a comprehensive financial document that outlines the terms and conditions regarding the transfer of pension benefits for retirees in North Dakota who were part of the Motorola, Inc. Pension Plan. This agreement is crucial for ensuring a smooth transition and transfer of retirement funds from Motorola, Inc. to the designated retirement plan in North Dakota. Keywords: North Dakota Retirement Plan Transfer Agreement, Motorola, Inc. Pension Plan, pension benefits, retirees, transfer, retirement funds, transition, designated retirement plan. Different types of North Dakota Retirement Plan Transfer Agreements for the Motorola, Inc. Pension Plan could include: 1. Individual Pension Plan Transfer Agreement: This type of agreement is designed for individual retirees who are transferring their pension benefits from the Motorola, Inc. Pension Plan to a retirement plan in North Dakota. It includes specific details about the retiree's pension benefits, their chosen retirement plan, and the transfer process. 2. Group Pension Plan Transfer Agreement: This agreement is meant for a group of retirees who are collectively transferring their pension benefits from the Motorola, Inc. Pension Plan to a designated retirement plan in North Dakota. It incorporates the details of the group members' pension benefits, the selected retirement plan, and the transfer procedures applicable to all individuals in the group. 3. Lump Sum Pension Plan Transfer Agreement: In certain cases, retirees may choose to receive their pension benefits as a lump sum rather than a monthly pension. This type of agreement outlines the conditions and terms for transferring the lump sum amount from the Motorola, Inc. Pension Plan to a designated retirement plan in North Dakota, ensuring compliance with legal and regulatory requirements. 4. Vested Pension Plan Transfer Agreement: Retirees who have vested pension benefits but have not yet reached the plan's normal retirement age may consider transferring these benefits to a designated retirement plan in North Dakota. This agreement specifically addresses the transfer of vested pension benefits, the conditions for eligibility, and the process involved. By addressing these various types of transfer agreements, retirees from the Motorola, Inc. Pension Plan can ensure a smooth and efficient transition of their retirement funds to a North Dakota retirement plan that best suits their financial goals and needs.