The Hartford 2008 Annual Report Download - page 802

15.3 Trust Fund. All of the funds of the Plan shall be held by a Trustee appointed from time to time by the Investment and
Savings Plan Investment Committee in one or more trusts under a trust instrument or instruments approved or authorized by
said Committee for use in providing the benefits of the Plan; provided that no part of the corpus or income of the Trust Fund
shall be used for, or diverted to, purposes other than for the exclusive benefit of Members, Deferred Members and
Beneficiaries.
15.4 Reports to Members and Deferred Members. At least annually at a time to be determined by the Pension
Administration Committee, each Member and Deferred Member shall be furnished a statement setting forth the value of
each of his or her Accounts, together with a statement of the amounts contributed to each such Account by the Member or
Deferred Member and by the Company and the vested amount of the Company Contribution Account or the earliest time a
portion of the Company Contribution Account will become vested.
15.5 Fiscal Year. The fiscal year of the Plan and the trust shall end on the 30th day of December in 1997, and shall end on
the 31st day of December in years after 1997 or such other date as may be designated by the Investment and Savings Plan
Investment Committee.
ARTICLE SIXTEEN
HARDSHIP WITHDRAWALS -
HARDSHIP COMMITTEE
16.1 Composition of Hardship Committee. The Hardship Administration Committee shall be comprised of not less than
three members. Notwithstanding any vacancies in memberships, the Hardship Committee may act so long as at least two
memberships are filled.
16.2 Authority and Responsibilities of Hardship Committee. The Hardship Committee shall be responsible, except as
otherwise herein expressly provided, for determining whether a bona fide financial hardship exists as a condition for a
Member’s withdrawal from his or her Supplemental Before-Tax Investment Account, Basic Before-Tax Investment
Account, Before-Tax Catch-Up Contributions Account, Supplemental Roth 401(k) Investment Account, Basic Roth 401(k)
Investment Account, or Roth 401(k) Catch-Up Contributions Account under the Plan. Said Committee shall also have such
authority, powers and responsibilities as are set forth in the Plan or may be delegated by the Board of Directors as provided
in Article Thirteen.
16.3 Determination of Financial Hardship. In determining whether a bona fide financial hardship exists in a particular
case, the Hardship Committee shall take into account all pertinent facts and circumstances and shall base its determination
on the meaning of the term hardship under the applicable tax laws, including cases and Internal Revenue Service guidelines.
A determination by the Hardship Committee as to the existence or absence of a hardship shall be final, conclusive and
binding on all parties.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009