Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint and survivor annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 17 contracts
Samples: Qualified Retirement Plan and Trust (Connecticut Water Service Inc / Ct), Qualified Retirement Plan And (Meritage Hospitality Group Inc /Mi/), Qualified Retirement Plan and Trust (Camco Financial Corp)
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, elect during the election period, period to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1i) the 90th day before the Participant attains the qualified early retirement age, or (2ii) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 2 contracts
Samples: Plan Agreement (Conley Canitano & Associates Inc), Plan Agreement (American Science & Engineering Inc)
Election of Early Survivor Annuity. A Participant Member who is employed after attaining the his qualified early retirement age will shall be given the opportunity to elect, during the election period, to have a survivor annuity Qualified Preretirement Survivor Annuity payable on death. If the Participant Member elects the survivor annuityQualified Preretirement Survivor Annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant Member had retired on the day before his or her death. Any election under this provision will shall be in writing and may be changed by the Participant Member at any time. The election period begins on the later of (1i) the 90th day before the Participant Member attains the his qualified early retirement age, or (2ii) the date on which participation begins, and ends on the date the Participant he terminates employment.
Appears in 2 contracts
Election of Early Survivor Annuity. A Participant participant who is employed after attaining the qualified early retirement age Qualified Early Retirement Age will be given the opportunity to elect, during the election periodElection Period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse Spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day date before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period Election Period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, Qualified Early Retirement Age; or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age Qualified Early Retirement Age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such that annuity must not be less than the payments which would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement ageQualified Early Retirement Age, or (2) the date on which Plan participation begins, and ends on the date the Participant terminates employmentemployment with the Employer.
Appears in 1 contract
Samples: Plan Document and Trust Agreement (Stonepath Group Inc)
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age Qualified Early Retirement Age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse Spouse under the qualified joint Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement ageQualified Early Retirement Age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Samples: Brigham Exploration Co
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Samples: Greater Bay Bancorp
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be he given the opportunity to elect, during the election period, . to have a survivor annuity payable on death. .. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint and survivor annuity if the Participant had retired on the day da~ before his or her death. Any election under this provision will be in writing and may be changed by the Participant Panic ipant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Samples: Weststar Financial Services Corp
Election of Early Survivor Annuity. A Participant participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint and survivor annuity if the Participant participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant participant at any time. The election period begins on the later of (1) the 90th day before the Participant participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant participant terminates employment.
Appears in 1 contract
Samples: Interpool Inc
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age Early Retirement Age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which that would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th ninetieth (90th) day before the Participant attains the qualified early retirement ageEarly Retirement Age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuityAnnuity, payments under such annuity must not be less than the payments which would have been made to the spouse Spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.of:
Appears in 1 contract
Samples: Plan and Trust Agreement (Environmental Power Corp)
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age Qualified Early Retirement Age will be given the opportunity to elect, during the election periodElection Period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such that annuity must not be less than the payments which would have been made to the spouse Spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement ageQualified Early Retirement Age, or (2) the date on which Plan participation begins, and ends on the date the Participant terminates employmentemployment with the Employer.
Appears in 1 contract
Samples: Kevco Inc
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint and survivor annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation begins, and ends on the date the Participant terminates employment.. c. For purposes of Section 6.05(G)(4):
Appears in 1 contract
Samples: Bradford Funds Inc
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint and survivor annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1A) the 90th ninetieth (90th) day before the Participant attains the qualified early retirement age, or (2B) the date on which participation Participant begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Samples: Investors Research Fund Inc
Election of Early Survivor Annuity. A Participant who is employed after attaining the qualified early retirement age will be given the opportunity to elect, during the election period, to have a survivor annuity payable on death. If the Participant elects the survivor annuity, payments under such annuity must not be less than the payments which would have been made to the spouse under the qualified joint Qualified Joint and survivor annuity Survivor Annuity if the Participant had retired on the day before his or her death. Any election under this provision will be in writing and may be changed by the Participant at any time. The election period begins on the later of (1) the 90th day before the Participant attains the qualified early retirement age, or (2) the date on which participation Participation begins, and ends on the date the Participant terminates employment.
Appears in 1 contract
Samples: Garmin LTD