| (a) Effective for distributions made after December
31, 1992, the system shall permit the distributee of an eligible rollover
distribution to elect to have such distribution paid directly to an
eligible retirement plan specified by the distributee in the form
of a direct trustee to trustee transfer.
(b) The system shall develop procedures to implement
this section in accordance with the Internal Revenue Code of 1986, §401(a)(31),
as amended, and related regulations. Terms used in this section shall
have the meanings assigned in the Internal Revenue Code of 1986 as
amended.
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