ANNUITY BENEFIT PROVISIONS Sample Clauses

ANNUITY BENEFIT PROVISIONS. 17 Annuity Start Date.............................. 17 Change of Annuity Start Date.................... 18
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ANNUITY BENEFIT PROVISIONS. ANNUITY START DATE The Annuity Start Date is the date as of which the first Annuity Payment is computed under one of the Annuity Options. The Annuity Start Date shall not precede the third Contract Anniversary. The Owner may elect the Annuity Start Date at the time of application. If no Annuity Start Date is selected, SBL will use the later of the: the oldest Annuitant's seventieth birthday; or the tenth Contract Anniversary. The Annuity Start Date must be prior to the oldest Annuitant's 95th birthday.
ANNUITY BENEFIT PROVISIONS. ANNUITY START DATE The Annuity Start Date is the date as of which the first Annuity Payment is computed under one of the Annuity Options. The Annuity Start Date shall not be earlier than the 12-month anniversary of the Contract Date. The Owner may elect the Annuity Start Date at the time of application. If no Annuity Start Date is selected, FSBL will use the later of the:

Related to ANNUITY BENEFIT PROVISIONS

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Annuity 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Annuity Plan Teachers will be eligible to participate in a “tax sheltered” annuity plan established pursuant to United States Public Law No. 87-370.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Maternity Benefits (i) Subject to the provisions of this part of the Agreement a female contributor who-

  • Community Benefits 31.1. The potential to take in to account social considerations (also referred to as Community Benefits) in public procurement is firmly established and set out in European Directive 2014/24/EU, the Public Contracts (Scotland) Regulations 2015 (“the Regulations”) and European case law.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree.

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