Additional Plan Information 10.3.1 Death Benefit Required Minimum Distribution If you die with a DC account and Rollover Pre-Tax Contribution account balance, the designated beneficiary(ies) must receive their distributions within 5 years of the date of death. The beneficiary may take the distribution in a single lump sum or proportionate annual payments over the 5-year period. If the beneficiary annuitizes the amount, then it may be paid over the life expectancy of the beneficiary pursuant to IRS rules. 10.4 Garnishments Indiana law prevents assigning TRF My Choice benefits. Accordingly, INPRS cannot honor any divorce decree which requires it to pay anyone other than the member or the member’s designated beneficiary. To be consistent with the laws governing TRF My Choice, and to satisfy Indiana’s domestic relations laws, divorce decrees should order you (or the legal beneficiary) to make payments to an ex-spouse rather than ordering INPRS to make such payments. In addition, Indiana law prohibits INPRS from garnishing a pension benefit for child support payments. However, INPRS must honor any IRS tax levy or court order for restitution when an employee/member has been convicted of a crime by their employer. 10.4.1 Qualified Domestic Relations Orders INPRS cannot honor any QDRO. TRF My Choice is a governmental plan exempt from the QDRO requirements. Furthermore, TRF My Choice is not subject to the Employee Retirement Income Security Act of 1974 (ERISA). 10.5 Administrative Review NOTE: This information is only a guide and neither a substitute for, nor intended as legal advice. If you disagree with the action or final determination by INPRS staff, and no alternative resolution is available, you may request administrative review under the Administrative Orders and Procedures Act (IC 4- 21.5). You must have standing as a party or a right to intervention to request administrative review. 10.5.1 Initial Determination You must petition INPRS in the form of a letter to request a review of the action or final determination with which you disagree. This letter should specifically state the basis of your disagreement and include sufficient facts so that INPRS can evaluate your request for review. You should include copies of any supporting documents. For a sample format of this member petition, see form Step 1: Member Petition for Administrative Review of Staff Action/Determination available on the INPRS website. You will need to complete the form and submit it to INPRS, Attn: Administrative Review, One North Capitol, Suite #001, Indianapolis, IN 46204, or by emailing the form to AdministrativeReviews@INPRS.in.gov. Once an evaluation has been completed, you will be notified with an initial or amended determination letter, sent by certified mail. The letter will indicate INPRS’ initial or amended determination and provide supporting justification. In addition, INPRS will provide explicit instructions should you want to appeal. Indiana law sets forth specific timelines to appeal a decision. Should your appeal be received after the appeal deadline, under Indiana law, the initial or amended determination will become final, and you will forfeit any future claims specific to that particular outcome. As noted, many processes and procedures followed by INPRS are TRF My Choice: Retirement Savings Plan Member Page 27 of 30 Handbook Effective: 07/01/2024