When do the monthly payments begin?
As defined in Exhibit A, Paragraph 2 under the section entitled UFSP Benefits, within the UFSP Packet provided to participants by EPC, all plan participants who retire or resign from the university by Jun. 30, 2023, will begin to receive UFSP benefit deposits into their selected 403(b) Contract Account between Oct. 15 and Oct. 30, 2023, and will be paid on or about the 15th of each month thereafter until all payments are completed. The participant can access the funds each month, within the parameters of the terms of his/her selected provider’s account agreement and applicable law.