Distribution Benefits Tax Penalty – Early Distribution You may be subject to an additional 10% federal tax penalty on your DC and Rollover Pre-Tax Contributions if you have not reached the age of 59½ at the time of distribution. By January 31 of the year after you receive your distribution, you will receive a 1099-R. 6.2.3 Partial Distribution If you have separated from employment, you are eligible for partial distribution whether you are vested or not vested; however, if you are not vested you are only eligible for the employer share (variable rate) as outlined in the vesting schedule. 6.3 Voluntary Withdrawal of Rollover Pre-Tax Funds Per IC 5-10.4-8-15, a member may make a lump sum withdrawal of the member’s Rollover Pre-Tax Contribution balance at any time by contacting INPRS. 6.4 Disability Distribution To apply for disability while a member of the TRF My Choice Plan your onset date must have occurred while serving in a covered position if the onset date is while you were:  receiving salary (your onset date must be prior to your last paycheck date); or  receiving employer-provided income protection benefits; or  on leave under the FMLA; or  off work receiving worker’s compensation benefits. There is no minimum amount of participation credit required to receive disability benefits from INPRS. If you become disabled, you can withdraw the 3% fixed contributions paid by your employer. Contact INPRS if you have any questions about establishing eligibility for disability benefits. NOTE: INPRS cannot process your disability application without a copy of your Social Security award letter with the onset date. Disability Withdrawal If you are disabled, to the extent you are vested (see the vesting schedule in Chapter 3), then you are eligible to take a full or partial withdrawal paid in a lump sum, a direct rollover to an eligible retirement plan, or as an annuity (MetLife or another qualified annuity plan). For the MetLife annuity you must have a minimum of $5,000 DC and Rollover Pre-Tax Contributions combined. If you have met the Social Security Administration (SSA) disability requirement, you can submit your distribution elections using the online retirement application by accessing your online account or contact INPRS for assistance. TRF My Choice: Retirement Savings Plan Member Page 20 of 30 Handbook Effective: 07/01/2024