7.13 Deductions .............................................................................................................................................. 36 7.14 DC and RSA Payment Options .............................................................................................................. 36 7.15 Retirement Application Requirements .................................................................................................... 38 7.16 Direct Deposit ......................................................................................................................................... 38 7.17 Pension Benefit Overpayment ................................................................................................................ 38 7.18 Health Insurance ..................................................................................................................................... 38 Supplemental Group Health Insurance ...................................................................................................... 38 7.19 Re-Employment of Retired Members ..................................................................................................... 39 7.20 Second Retirement Eligibility .................................................................................................................. 39 7.21 Changing Form of Benefit or Survivor AFTER Retirement ..................................................................... 39 8 Tax Considerations ......................................................................... 40 8.1 Tax Form 1099-R .................................................................................................................................... 40 8.2 Tax Withholding ...................................................................................................................................... 40 8.3 Taxation of Defined Contributions .......................................................................................................... 40 Basis Recovery Tax Rules Effective January 1, 2018 ................................................................................ 40 9 Beneficiaries/Survivors & Death Benefits ........................................... 41 9.1 Death in Retirement – Survivor Benefits ................................................................................................ 41 9.2 Death While Not Retired ......................................................................................................................... 41 9.3 Trust as Death Beneficiary ..................................................................................................................... 42 9.4 Death in Disability ................................................................................................................................... 42 9.5 HEART Act ............................................................................................................................................. 42 9.6 Disclaiming a Benefit .............................................................................................................................. 42 10 Additional Plan Information .............................................................. 43 10.1 Cost of Living Adjustments (COLAs) ...................................................................................................... 43 10.2 13th Check Supplemental Payment ....................................................................................................... 43 10.3 Required Minimum Distribution (RMD) Information ................................................................................ 43 Death Benefit Required Minimum Distribution ........................................................................................... 44 10.4 Garnishments ......................................................................................................................................... 44 Qualified Domestic Relations Order (QDRO) ............................................................................................. 44 10.5 Administrative Review ............................................................................................................................ 44 Initial Determination .................................................................................................................................... 44 Administrative Law Judge ........................................................................................................................... 45 Judicial Review ........................................................................................................................................... 45 10.6 Power of Attorney ................................................................................................................................... 46 10.7 Guardian ................................................................................................................................................. 46 10.8 Access to Records .................................................................................................................................. 46 Member Records & Confidentiality ............................................................................................................. 46 Public Records ............................................................................................................................................ 47 Teachers' Retirement Fund Hybrid Plan Member Page 4 of 47 Handbook Effective: 07/01/2024