Distribution of the account balance of a participant, whose participation hereunder has terminated other than by death, shall be made within a reasonable time after termination. In no event shall distribution commence later than 60 days after the close of the plan year in which occurs the participant’s normal retirement date, unless the participant requests a delay beyond that date. Effective January 1, 2003, if a participant requests a delay beyond that date distribution shall commence no later than the later of (1) the deferred retirement date or, (2) the April 1 following the calendar year in which such participant attains age 70½. (Ord. 7584-NS § 4, 2017)