The South Dakota Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan is a legally binding document outlining the process of transferring retirement benefits from the Motorola, Inc. Pension Plan to a retirement plan in the state of South Dakota. This agreement applies specifically to employees of Motorola, Inc. who are eligible to receive retirement benefits. The purpose of this transfer agreement is to facilitate the seamless transfer of retirement assets and ensure that retirees can continue to receive their pension benefits within the state of South Dakota. The agreement outlines the terms and conditions of the transfer, including important details such as the timing, logistics, and eligibility criteria. There may be different types of South Dakota Retirement Plan Transfer Agreements for the Motorola, Inc. Pension Plan, depending on the specific circumstances of the retiree. Some potential variations could include: 1. Initial Transfer Agreement: This type of agreement is for retirees who are initially transferring their retirement assets from the Motorola, Inc. Pension Plan to a retirement plan in South Dakota. It covers the initial steps and procedures involved in the transfer. 2. Roll-over Transfer Agreement: This agreement is for retirees who are rolling over their existing retirement benefits from the Motorola, Inc. Pension Plan to a qualified retirement plan in South Dakota. It may include additional provisions related to the tax implications and limitations of such transfers. 3. Direct Transfer Agreement: This agreement is used when the retirement benefits are directly transferred from the Motorola, Inc. Pension Plan to a retirement plan in South Dakota without any intermediary steps or processes. It typically involves completing the necessary paperwork and compliance requirements. These are just a few examples of the potential types of South Dakota Retirement Plan Transfer Agreements. The specific terms and conditions of each agreement may vary depending on the individual retiree's circumstances and the requirements of the retirement plan in South Dakota. In summary, the South Dakota Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan is a vital document for retirees looking to transfer their retirement benefits to a retirement plan in South Dakota. It ensures a smooth and efficient process while maintaining the integrity of the pension system.