(A) A participant, whether active or inactive, shall cease to be a participant on the earlier of the following:
(1) The date of his death.
(2) The date he receives a single sum distribution that is in lieu of all of his benefits under the Plan if his vesting percentage is 100%.
(B) An inactive participant shall also cease to be a participant on the earliest date on which he is not entitled to a deferred monthly income under § 38.041. (Ord. 1806, passed 1-7- 15)