Section 13-264.1. Eligible rollover distributions

a.  Notwithstanding
  anything to the contrary contained in section 13-264 of this subchapter,
  in the event that, under the terms of this subchapter, a person  becomes
  entitled  to  a  distribution from the pension fund which constitutes an
  "eligible  rollover  distribution"  within  the  meaning  of   paragraph
  thirty-one  of  subsection a of section four hundred one of the internal
  revenue code, such distributee may  elect,  subject  to  any  rules  and
  regulations  adopted  pursuant to subdivision b of this section, to have
  such distribution, or a portion thereof, paid directly to  an  "eligible
  retirement   plan"   within  the  meaning  of  paragraph  thirty-one  of
  subsection a of section four hundred one of the internal revenue code.
    b. The board of  trustees  is  authorized  to  adopt  such  rules  and
  regulations  as it finds to be necessary in administering the provisions
  of this section, provided  that  they  are  not  inconsistent  with  the
  applicable  provisions  of  the  internal revenue code and the rules and
  regulations thereunder.