Distribution--Conditions

Deferrals may be distributed only if one of the following conditions has occurred: (1) Severance from employment with a participating employer; (2) Death of the participant; (3) An unforeseeable emergency, set forth in § 3-13-82 ; (4) Requirements are satisfied for an in-service distribution, as set forth in § 3-13-83 ; (5) The participant is called to perform qualified military service for a period in excess of thirty days; or (6) The participant elects to receive an in-service distribution pursuant to § 3-13-83.1 . Source: SL 2025, ch 27 , § 105; SL 2026, ch 27 , § 1.