The Hartford 2012 Annual Report Download - page 296

(d) Cash Balance Pay Formula -- Death Benefits
In the event a vested Participant dies prior to commencement of the Participant’s Cash Balance formula benefit, the
Participant’s beneficiary will receive the Participant’s full account balance as a lump sum payment within 90 days of the
Participant’s death. Unless the Participant elects otherwise, a Participant’s beneficiary under the Excess Pension Plan -
Cash Balance formula is the same as the beneficiary under the Retirement Plan’s Cash Balance formula. A Participant
may designate a different beneficiary for the Excess Pension Plan – Cash Balance formula, and may change that
beneficiary election at any time, subject to the Participant’s spouse’s written, notarized consent if the Participant is
married. A Participant may not name more than one person as beneficiary. However, a Participant may name an estate or
trust as beneficiary with respect to the Excess Pension Plan – Cash Balance formula benefit. Unless a later date is
specified, a new designation is effective on the first day of the month that falls on or follows the date a completed
beneficiary designation form is received by the Company or its designated representative.
If there is no surviving beneficiary designated for purposes of the Excess Pension Plan – Cash Balance formula (and
there is no beneficiary designated under the Retirement Plan’s Cash Balance formula), any Cash Balance formula
survivor benefit will automatically be paid to the Participant’s spouse, if any, and otherwise to the Participant’s estate.
2.05 Payment Upon the Occurrence of a Change of Control . Upon the occurrence of a Change of Control that also
constitutes a “change in control” as defined in the regulations