; and (2) by adding at the end the following new subparagraph: (H) Distributions to Mentors For purposes of this paragraph, the term mentor means an individual who— (i) has attained 55 years of age, (ii) is not separated from their employment with a company, corporation, or institution of higher education, (iii) in accordance with such requirements and standards as the Secretary determines to be necessary, has substantially reduced their hours of employment with their employer, with the individual to be engaged in mentoring activities described in clause (iv) for not less than 20 percent of the hours of employment after such reduction, and (iv) is responsible for the training and education of employees or students in an area of expertise for which the individual has a professional credential, certificate, or degree. . (b) Distributions during working retirement Paragraph (36) of section 401(a) of the Internal Revenue Code of 1986 is amended to read as follows: (36) Distributions during working retirement (A) In general A trust forming part of a pension plan shall not be treated as failing to constitute a qualified trust under this section solely because the plan provides that a distribution may be made from such trust to an employee who— (i) has attained age 62 and who is not separated from employment at the time of such distribution, or (ii) subject to subparagraph (B), is serving as a mentor (as such term is defined in section 72(t)(2)(H)). (B) Limitation on distributions to mentors For purposes of subparagraph (A)(ii), the amount of the distribution made to an employee who is serving as a mentor shall not be greater than the amount equal to the product obtained by multiplying— (i) the amount of the distribution that would have been payable to the employee if such employee had separated from employment instead of reducing their hours of employment with their employer and engaging in mentoring activities, in accordance with clauses (iii) and (iv) of section 72(t)(2)(H), by (ii) the percentage equal to the