Employee FAQ’s

Q. How soon can I get my lump sum benefit?
A. Distributions are made once a year. All Request for Benefit Payment forms that are received in the SISC office by January 10th will be processed for payment in March.

Q. Are loans or hardship withdrawals allowed?
A. Loans and hardship withdrawals are not permitted.

Q. May I put money into the plan?
A. No, only the employer may contribute based on your wages.

Q. Are partial withdrawals allowed?
A. No, partial withdrawals are not allowed.