This section is included in the plan to comply with Internal Revenue Code § 401(a)(9) and the regulations thereunder which are incorporated by reference. To the extent that there is any conflict between the provisions of Internal Revenue Code § 401(a)(9) and the regulations thereunder and any other provision in this title, the provisions of Internal Revenue Code § 401(a)(9) and the regulations thereunder shall control. If the participant's spouse is not the beneficiary with respect to any distribution of benefits, the method of distribution elected must satisfy the incidental death benefit requirements specified in the Internal Revenue Code § 401(a)(9)(g) and Treasury Regulation § 1.401(a)(9)-2.
(Bill No. 95-17)