Tennessee 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. Tennessee Retirement Plan Transfer Agreement is a legal document specifically designed for the transfer of funds from the Motorola, Inc. Pension Plan to a retirement plan in Tennessee. This agreement ensures a smooth transition of pension benefits for eligible employees who have decided to move to another retirement plan within the state of Tennessee. The Tennessee Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan comes in different variations based on the specific circumstances and needs of the plan participants. Here are some key types of transfer agreements that can be encountered: 1. Tennessee Retirement Plan Transfer Agreement for Active Employees: This type of agreement is applicable to current employees of Motorola, Inc. who wish to transfer their pension benefits to a Tennessee-based retirement plan. It outlines the terms and conditions of transferring the accumulated funds to ensure a seamless transition. 2. Tennessee Retirement Plan Transfer Agreement for Retirees: This specific agreement caters to the retired employees of Motorola, Inc. who receive pension benefits from the company's pension plan. If these retirees decide to relocate to Tennessee, they can transfer their pension funds to a retirement plan in the state using this agreement, enabling them to continue receiving their benefits without interruption. 3. Tennessee Retirement Plan Transfer Agreement for Terminated Employees: In the case of terminated employees who have vested pension funds in the Motorola, Inc. Pension Plan, this agreement offers them the option to transfer their accumulated benefits to a Tennessee retirement plan of their choice. By signing this agreement, terminated employees can ensure the preservation and management of their pension funds in their new retirement plan. 4. Tennessee Retirement Plan Transfer Agreement for Beneficiaries: This agreement is applicable to beneficiaries who are entitled to receive pension benefits from a participant in the Motorola, Inc. Pension Plan. If the beneficiary resides in Tennessee or wishes to transfer the funds to a retirement plan located in Tennessee, this agreement outlines the necessary steps and conditions for the successful transfer of the benefits. To summarize, the Tennessee Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan facilitates the movement of pension funds from the company's pension plan to a retirement plan in Tennessee. It caters to active employees, retirees, terminated employees, and beneficiaries, ensuring a smooth and efficient transfer process for all parties involved.

Tennessee Retirement Plan Transfer Agreement is a legal document specifically designed for the transfer of funds from the Motorola, Inc. Pension Plan to a retirement plan in Tennessee. This agreement ensures a smooth transition of pension benefits for eligible employees who have decided to move to another retirement plan within the state of Tennessee. The Tennessee Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan comes in different variations based on the specific circumstances and needs of the plan participants. Here are some key types of transfer agreements that can be encountered: 1. Tennessee Retirement Plan Transfer Agreement for Active Employees: This type of agreement is applicable to current employees of Motorola, Inc. who wish to transfer their pension benefits to a Tennessee-based retirement plan. It outlines the terms and conditions of transferring the accumulated funds to ensure a seamless transition. 2. Tennessee Retirement Plan Transfer Agreement for Retirees: This specific agreement caters to the retired employees of Motorola, Inc. who receive pension benefits from the company's pension plan. If these retirees decide to relocate to Tennessee, they can transfer their pension funds to a retirement plan in the state using this agreement, enabling them to continue receiving their benefits without interruption. 3. Tennessee Retirement Plan Transfer Agreement for Terminated Employees: In the case of terminated employees who have vested pension funds in the Motorola, Inc. Pension Plan, this agreement offers them the option to transfer their accumulated benefits to a Tennessee retirement plan of their choice. By signing this agreement, terminated employees can ensure the preservation and management of their pension funds in their new retirement plan. 4. Tennessee Retirement Plan Transfer Agreement for Beneficiaries: This agreement is applicable to beneficiaries who are entitled to receive pension benefits from a participant in the Motorola, Inc. Pension Plan. If the beneficiary resides in Tennessee or wishes to transfer the funds to a retirement plan located in Tennessee, this agreement outlines the necessary steps and conditions for the successful transfer of the benefits. To summarize, the Tennessee Retirement Plan Transfer Agreement for the Motorola, Inc. Pension Plan facilitates the movement of pension funds from the company's pension plan to a retirement plan in Tennessee. It caters to active employees, retirees, terminated employees, and beneficiaries, ensuring a smooth and efficient transfer process for all parties involved.