Kind of a simple question but we have a difference of opinion on the following allocation method:

Normal Retirement Age is defined as "the date the Participant attains age 65" and the allocation conditions have a last day requirement except if the "Participant incurs a Separation from Service during the Plan Year on account of Normal Retirement Age"

If a participant turns 65 on 07/01/05 and terminates 04/30/05, would they receive a contribution for 2005?

Thanks!

Did that person have 8 weeks accrued vacation and sick time for which they were paid? If so then there is an arguement that they did NOT terminate until 7/1. As 'The Prisoner' heard constantly - 'We want information'.