When and How Benefits are Paid If You Should Leave. If you terminate your employment with all Participating Employers prior to your normal or early retirement, you will still be able to receive the full value of your Account. If the value of your Account is more than $5,000 (excluding Rollover Contributions), you may elect distribution of your Account at any time following termination of your employment with all Participating Employers provided you submit your consent in writing to the Fund office. Payment of your Account will be made to you as of the Valuation Date coincident with or immediately following receipt of the application for benefits from you and approval by the Plan Administrator (or its designee), with actual payment made as soon as practicable thereafter. If you do not make an election to get your benefits, they will not be paid until you make a request for payment that is approved by the Plan Administrator or you die, if earlier. Whether you elect to receive payment early or defer it, you must submit your request in writing to the Fund office at least 30 days prior to the date you wish to receive your distribution. If the value of your Account is $5,000 or less (excluding Rollover Contributions), it will be paid to you as soon as practicable after the Valuation Date that next follows your termination of employment and approval of such payment by the Plan Administrator. Do I Have to Take My Money When I Leave? Generally, you are not required to begin to take your benefits until April 1 of the calendar year following the calendar year in which you attain age 70-1/2, even if you no longer work for any Participating Employer. When Must I Begin to Receive my Benefits? If you work for a Participating Employer past age 70-1/2, you are not required to begin to receive benefits until the April 1 of the calendar year following the calendar year when you actually retire.