FIXED ANNUITY PAYOUTS Sample Clauses

FIXED ANNUITY PAYOUTS. The dollar amount of all payments are fixed during the entire period of annuity payments, according to the provisions of the Annuity Payout Option selected. Guaranteed minimum Annuity Payout Option 1 and 2 rates for Fixed Annuity Payouts an based upon three percent (3%) yearly interest and unisex rates derived from 1983 Table a.