The amount of Participant's Account which is forfeited for a Plan Year in accordance
with Sections 5.26.120, 5.26.280 and 5.26.335, plus any amount that is transferred to the Plan from the forfeiture suspense account
in the Deferred Earnings Plan established under Section 5.23.070L of the Los Angeles
County Code upon the merger of the Deferred Earnings Plan with this Plan, shall be
placed in one or more forfeiture accounts held in the Trust Fund and applied first,
restore the accounts of lost Participants who have filed an application for benefits
that has been approved by the Administrative Committee, if any, and second, to offset
future Matching Contributions to be made by the County in accordance with Section 5.26.140. Earnings on the forfeiture accounts held in the Trust Fund shall be used to reduce
administrative expenses of the Plan in accordance with Section 5.26.420.