FIXED ANNUITY PAYMENT OPTIONS TABLE Sample Clauses

FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the 1983a Annuity Mortality Table with projection and a guaranteed interest rate of 3%. The mortality table is projected using Projection Scale G factors, assuming annuitization in the year 2000. The Fixed Annuity Payment Options Table does not included any applicable premium tax. OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000. (MONTHLY INSTALLMENTS FOR AGES NOT SHOWN WILL BE FURNISHED UPON REQUEST.) OPTION 1 OPTION 4 OPTION 4 AGE OF LIFE ANNUITY LIFE ANNUITY ANNUITANT LIFE ANNUITY (W/120 PAYMENTS GUARANTEED) (W/240 PAYMENTS GUARANTEED) MALE FEMALE MALE FEMALE MALE FEMALE 55 4.23 3.84 4.19 3.82 4.05 3.76 56 4.32 3.91 4.27 3.88 4.11 3.81 57 4.41 3.98 4.35 3.95 4.17 3.87 58 4.51 4.05 4.44 4.02 4.24 3.93 59 4.61 4.13 4.54 4.10 4.31 4.00 60 4.72 4.22 4.64 4.18 4.37 4.06 61 4.84 4.31 4.74 4.27 4.44 4.13 62 4.96 4.40 4.85 4.36 4.51 4.20 63 5.10 4.51 4.97 4.45 4.58 4.27 64 5.24 4.62 5.10 4.55 4.65 4.35 65 5.40 4.73 5.22 4.66 4.72 4.42 66 5.56 4.86 5.36 4.78 4.79 4.50 67 5.74 4.99 5.50 4.90 4.86 4.57 68 5.93 5.14 5.65 5.02 4.92 4.65 69 6.13 5.29 5.80 5.16 4.99 4.73 70 6.35 5.46 5.96 5.30 5.05 4.80 71 6.58 5.64 6.13 5.46 5.10 4.88 72 6.82 5.84 6.29 5.62 5.16 4.95 73 7.08 6.05 6.47 5.78 5.20 5.02 74 7.36 6.28 6.64 5.96 5.25 5.08 75 7.66 6.53 6.82 6.14 5.29 5.14 76 7.98 6.80 7.00 6.33 5.33 5.19 77 8.33 7.09 7.19 6.53 5.36 5.24 78 8.69 7.41 7.37 6.73 5.39 5.29 79 9.09 7.75 7.55 6.94 5.41 5.33 80 9.51 8.11 7.73 7.14 5.43 5.36 81 9.97 8.51 7.91 7.35 5.45 5.39 82 10.45 8.94 8.08 7.55 5.47 5.42 83 10.97 9.41 8.24 7.76 5.48 5.44 84 11.52 9.92 8.40 7.95 5.49 5.46 85 12.10 10.47 8.54 8.13 5.50 5.48
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FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the 1983a Annuity Mortality Table with projection and a guaranteed interest rate of 3%. The mortality table is projected using Projection Scale G factors, assuming annuitization in the year 2000. The Fixed Annuity Payment Options Table does not include any applicable premium tax. OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request.)
Sample 1Sample 2
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the Annuity 2000 Mortality Table with a guaranteed interest rate of [1.50%], with quinquennial age setbacks. For every five years that the Contract has been in effect at the time of annuitization, the Annuitant’s age will be set back by one year to determine the applicable factors. The Fixed Annuity Payment Options Table does not include any applicable premium tax. OPTIONS 1 & 4 — TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request.) Option 1 Option 4 Option 4 Life Annuity Life Annuity Age of (w/120 payments (w/240 payments Annuitant Life Annuity guaranteed) guaranteed) Male Female Male Female Male Female 55 3.68 3.38 3.64 3.35 3.48 3.27 56 3.77 3.46 3.73 3.43 3.55 3.34 57 3.87 3.54 3.82 3.51 3.62 3.40 58 3.98 3.63 3.92 3.60 3.69 3.47 59 4.09 3.73 4.02 3.69 3.76 3.54 60 4.21 3.83 4.13 3.78 3.83 3.62 61 4.34 3.93 4.24 3.89 3.90 3.69 62 4.47 4.05 4.36 3.99 3.97 3.77 63 4.62 4.17 4.49 4.10 4.04 3.84 64 4.77 4.30 4.62 4.22 4.10 3.92 65 4.93 4.44 4.76 4.35 4.17 4.00 66 5.11 4.58 4.90 4.48 4.24 4.07 67 5.30 4.74 5.05 4.62 4.30 4.15 68 5.49 4.91 5.20 4.76 4.36 4.22 69 5.71 5.09 5.36 4.92 4.41 4.29 70 5.93 5.29 5.53 5.08 4.47 4.36 71 6.17 5.50 5.70 5.25 4.51 4.42 72 6.43 5.73 5.87 5.43 4.56 4.48 73 6.70 5.98 6.05 5.62 4.60 4.53 74 6.99 6.24 6.23 5.81 4.63 4.58 75 7.31 6.53 6.41 6.01 4.67 4.62 76 7.64 6.84 6.59 6.21 4.69 4.65 77 8.00 7.18 6.78 6.41 4.72 4.69 78 8.38 7.55 6.96 6.62 4.74 4.71 79 8.79 7.94 7.13 6.83 4.75 4.74 80 9.23 8.37 7.31 7.03 4.77 4.75 81 9.70 8.84 7.47 7.23 4.78 4.77 82 10.20 9.34 7.63 7.42 4.79 4.78 83 10.73 9.88 7.78 7.60 4.80 4.79 84 11.30 10.47 7.93 7.77 4.80 4.80 85 11.90 11.10 8.06 7.93 4.81 4.80 20 Table of Contents OPTION 2 — TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request.) Joint & 100% Survivor Life Annuity Age of Male Annuitant Age of Female Annuitant 55 60 65 70 75 80 85 55 3.01 3.18 3.33 3.45 3.54 3.60 3.64 60 3.12 3.36 3.59 3.78 3.94 4.05 4.12 65 3.21 3.51 3.83 4.13 4.40 4.61 4.75 70 3.27 3.63 4.03 4.46 4.89 5.26 5.53 75 3.32 3.70 4.18 4.74 5.35 5.95 6.45 80 3.34 3.76 4.29 4.95 5.75 6.62 7.45 85 3.36 3.79 4.35 5.09 6.05 7.20 8.44 OPTION 3 — TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request) Joint & 100% Survivor Life Annuity (w/120 payments guaranteed) Age of Male Annu...
Sample 1
FIXED ANNUITY PAYMENT OPTIONS TABLE. CONTRACT NUMBER: ANNUITY SERVICE CENTER: P9999999999 P. O. BOX 54299 LOS ANGELES, CA 90054-0299 OXXXX: XXX XX XXXXX: XXXX XXX 35 ANNUITANT: XXXXXXX PURCHASE PAYMENT: JOHN DOE $10,000.00 SPECIFIED ANNUITY DATE: CONTRACT DATE: May 1, 2034 May 1, 2004
Sample 1
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Fixed Annuity Payment Options Table is the 1983a Annuitant Mortality Table, without projection with a guaranteed interest rate of 3%. The Fixed Annuity Payment Options Table does not include any applicable premium tax. OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request.)
Sample 1
FIXED ANNUITY PAYMENT OPTIONS TABLE. PAGE 20 CONTRACT DATA PAGE CONTRACT NUMBER: ANNUITY SERVICE CENTER: [P9999999999] P. O. BOX 54299 XXX XXXXXXX, XX 00000-0000 XXXXX: AGE AT ISSUE: [35] [JOHN DOE] INITIAL PURCHASE PAYMENT: [$10,000.00] ANNUITANT: [JOHN DOE] CONTRACT DATE: [December 1, 1996] SPECIFIED ANNUITY DATE: CURRENT INTEREST RATE FOR FIXED ACCOUNT [December 1, 2026] OPTIONS: 1 Year Guarantee Period: [1.50%] LATEST ANNUITY DATE: 6-Month DCA Account: [1.50%] [December 1, 2051] 12-Month DCA Account: [1.50%] BENEFICIARY: MINIMUM GUARANTEE RATE FOR FIXED ACCOUNT As named by You OPTIONS: [1.0% - 3.0%]
Sample 1
FIXED ANNUITY PAYMENT OPTIONS TABLE. PAGE 20 CERTIFICATE DATA PAGE CERTIFICATE NUMBER: ANNUITY SERVICE CENTER: P9999999999 P. O. BOX 54299 LOS ANGELES, CA 90054-0299 PLAN PLAN ADMINISTRATOR: [403(b)] John Xxx Xxxtributors CONTRACTHOLDER: None PARTICIPANT: AGE AT ISSUE: JOHN XXX 35 ANNUITANT: FIRST PURCHASE PAYMENT: JOHN XXX $10,000.00 ANNUITY DATE: CERTIFICATE DATE: December 1, 2028 July 1, 1998
Sample 1
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Related to FIXED ANNUITY PAYMENT OPTIONS TABLE

  • ANNUITY PAYMENT OPTIONS a. Life Annuity / Life Annuity with Certain Period -- Fixed and/or Variable Annuity Payments will be made for the lifetime of the Annuitant with no Certain Period, or life and a 10 year Certain Period, or life and a 20 year Certain Period.

  • Fixed Annuity Payments The minimum guaranteed income purchased per $1,000 of the net amount applied to a fixed annuity is based on an annual interest rate of 3% and the 1983a Mortality Table with the ages set back ten (10) years. Conversion to Current Rates – Annuity payments will be based on the greater of: • our current income factors in effect for this Contract on the Annuity Date; or • our guaranteed income factors. The dollar amount of any payments after the first annuity payment is specified during the annuity payment period according to the provisions of the elected Annuity Option.

  • Fixed Annuity 10 1.16 Fund(s) ........................................................... 10 1.17

  • ANNUITY PAYMENTS If the Annuitant is living and this contract is in force on the Annuity Commencement Date, based on the election we have on record we will begin to make annuity payments under one of the payout options below or any other payout option we make available. You may elect for payments to be made monthly, quarterly, semi-annually or annually or any other frequency that we make available. If no election is made as of the Annuity Commencement Date, payments will be made monthly under Fixed Annuity Payout Option F-2 with a guaranteed period of 10 years. If annuity payout option F-3 is chosen, you must select a joint Annuitant prior to the Annuity Commencement Date. All annuity payments are based on: • the age and sex (if a Non-Qualified Contract) of the Annuitant at the birthday nearest the Annuity Commencement Date; • the Accumulation Value on the Annuity Commencement Date less any annuity taxes; • the annuity payout option elected; and • the annuity payout frequency. Payee Unless you request otherwise, the payee of any annuity payments will be the first among the following who is living at the time the payment is to be made: • any surviving Owner or joint Owner; if none then • any surviving Primary Beneficiary; if none then • any surviving Contingent Beneficiary. If no payees are living and a guaranteed period has not ended, the present value of any remaining payments will be paid to the estate of the last remaining payee. Annuity Payout Options You may elect to receive annuity payments from one of the following options or any other option we make available. Unless stated otherwise, once annuity payments begin you may not change the Annuitant, payout option, guaranteed period or, in the case of option F-3, the survivor percentage. Life Annuity without Guaranteed Period (Option F-1) We will make fixed annuity payments during the lifetime of the Annuitant. We do not guarantee a minimum number of annuity payments under this option. Payments stop once the Annuitant dies. Life Annuity with Guaranteed Period (Option F-2) We will make fixed annuity payments during the lifetime of the Annuitant. Payments are guaranteed for any number of full years between 1 and 30. The length of the guaranteed period must be elected prior to receiving any annuity payments, and cannot exceed the life expectancy of the Annuitant. If the Annuitant dies before the end of the guaranteed period, we will pay the balance of the payments for the remainder of that period, unless you elect to be paid the present value of the current dollar amount of the then remaining annuity payments in a lump sum. Joint and Survivor Annuity (Option F-3) We will make fixed annuity payments while the Annuitant and joint Annuitant are living and during the survivor’s remaining lifetime. Based on your selection, payments may have no guaranteed period or may have a guaranteed period for any number of full years between 1 and 30. If you select a guaranteed period, the length of the guaranteed period must be elected prior to receiving any annuity payments, and cannot exceed the joint life expectancy of the Annuitants. When the Annuitant or the joint Annuitant dies, payments based on a percentage of the payment in effect while both were living will continue for the lifetime of the survivor. The percentage may be any percentage between 5% and 100%. The percentage must be elected prior to receiving the first annuity payment. If both the Annuitant and joint Annuitant die before the end of any guaranteed period, we will pay the balance of the payments for the remainder of that period, unless you elect to be paid the present value of the current dollar amount of the then remaining annuity payments in a lump sum.

  • ANNUITY OPTIONS The following Annuity Options are available under this Contract. Additional options may become available in the future:

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof:

  • Life Annuity The monthly annuity shall be payable to the annuitant for as long as the annuitant lives, and shall end with the last monthly payment before the death of the annuitant.

  • 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.

  • Lump Sum Deferral Benefits may be paid to the Beneficiary in a single, lump-sum payment.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

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