2. If you do not receive a benefit, refund, withdrawal, or distribution from your Employer's retirement plan, your Deductible Income will be: a. the retirement income benefit option that comes closest to providing you a monthly income for life with no survivor's benefit, which b. you are eligible to receive, or would have been eligible to receive had timely application been made. Your Employer's retirement plan includes any retirement plan established, maintained or participated in by your Employer and to which you or your Employer make contributions, including a public employee retirement system, a state teacher retirement system, and a plan arranged and maintained by a union or employee association for the benefit of its members. B. RPO Exceptions Deductible Income from your Employer's retirement plan does not include the amounts below. 1. The portion of any service retirement benefit you receive which is attributable to your contributions to the plan. 2. Any service retirement benefit you are eligible to receive before age 62 (or normal retirement age under the plan if later), but which you do not receive before such age. 3. Any lump sum refund, withdrawal or distribution of your contributions and earnings you receive because you are not vested under the plan. 4. A lump sum payment or monthly annuity from a state teachers retirement system or public employees retirement system if the Department of Retirement Systems offered you a choice between a lump sum actuarially equivalent payment and the ongoing monthly payment. 5. PERS 2 and PERS 3 disability retirement benefits for which you are eligible, but you elect not to receive. C. RPO Rules. 1. You will be considered eligible to receive disability benefits from your Employer's retirement plan unless you provide satisfactory written proof that you made timely application for such benefits and were denied or that a timely application would have been denied if you had applied. 2. If we cannot determine from your Employer's retirement plan the amount of disability benefit or retirement benefit you are or would have been eligible to receive, we will determine your Deductible Income using a lifetime monthly annuity amount, with no survivor income. The annuity will be based on total plan contributions made by you or on your behalf, including your Employer's contributions and roll-over contributions, plus earnings, and on the life expectancy of a person your age on the following dates: a. With respect to a disability benefit, the date you first become eligible for a disability benefit; b. With respect to a retirement benefit, the date you first become eligible for a retirement benefit; c. The date LTD Benefits become payable, if we cannot determine the date in a or b. 3. If you receive a lump sum refund, withdrawal or distribution of contributions and earnings from your Employer's retirement plan, we will determine your Deductible Income using a lifetime monthly annuity amount, with no survivor income. The annuity will be based on the amount you receive, and on the life expectancy of a person your age on the later of: a. The date the lump sum is paid; and b. The date LTD Benefits become payable. LT.RO.01X 377661-B - 12 6/29/2022