define it as: a distribution alternative (including the normal form of benefit) that is available under the plan with respect to an accrued benefit or a distribution alternative with respect to a retirement-type benefit. 26 C.F.R. § 1.411(d) — 3(g)(6)(ii). Although that isn’t a particularly clear definition, parsing the language gives some clarity to the regulation’s meaning. The “distribution alternative” the regulation refers to means a beneficiary’s right to choose how his pension payments will be made. See Call, 475 F.3d at 821. So, for example, a beneficiary can opt for a lump-sum payment instead of a fixed annuity when he retires. Wetzler v. Illinois CPA Soc. & Foundation Ret. Income Plan, 586 F.3d 1053, 1059 (7th Cir.20 F Industries, Inc., 847 F.2d 329, 333 (6th Cir.1988) (<HOLDING>). Indeed, a distribution of that form could
holding that law enforcement commission was a benefit of employment holding that a plantshutdown benefit is not an optional form of benefit holding that there is a difference between a debtor attempting to pursue an action for his own benefit and a trustee pursuing an action for the benefit of the creditors holding that an eic was neither a social security benefit nor a local public assistance benefit holding that the claims to a statutory benefit had not yet vested when the legislature eliminated the benefit