FIXED ANNUITY RATES Sample Clauses

FIXED ANNUITY RATES. Notes to Tables Table 1 - Annuity Options A and B Table 2 - Annuity Option C Table 3 - Annuity Option D Table 4 - Annuity Option E Note 1: If the single premium immediate annuity rates offered by the Company and designated by the Company for this purpose on the Annuity Date are more favorable than the minimum guaranteed rates used to develop Tables 1, 2, 3 or 4, those rates will be used.
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FIXED ANNUITY RATES. Notes to Tables Table 1--Annuity Options A and B Table 2--Annuity Option C Table 3--Annuity Option D Table 4--Annuity Option E
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FIXED ANNUITY RATES. TABLE 1--OPTIONS A & B MONTHLY PAYMENT PER $1,000 MALE FEMALE ------------------------------------- ------------------------------------- Life 5 Yrs 10 Yrs 20 Yrs Life 5 Yrs 10 Yrs 20 Yrs Age Only C&L C&L C&L Only C&L C&L C&L Age --- ----- ----- ------ ------ ---- ----- ------ ------ --- 50 3.94 3.93 3.91 3.84 3.64 3.64 3.63 3.60 50 51 4.00 3.99 3.97 3.89 3.69 3.69 3.68 3.64 51 52 4.07 4.06 4.04 3.94 3.74 3.74 3.73 3.69 52 53 4.13 4.13 4.10 4.00 3.80 3.79 3.78 3.74 53 54 4.21 4.20 4.17 4.06 3.85 3.85 3.84 3.79 54 55 4.29 4.28 4.25 4.11 3.92 3.91 3.90 3.84 55 56 4.37 4.36 4.32 4.17 3.98 3.98 3.96 3.90 56 57 4.45 4.44 4.40 4.23 4.05 4.04 4.03 3.95 57 58 4.54 4.53 4.49 4.30 4.12 4.11 4.10 4.01 58 59 4.64 4.63 4.58 4.36 4.20 4.19 4.17 4.07 59 60 4.74 4.73 4.67 4.42 4.28 4.27 4.25 4.13 60 61 4.85 4.84 4.77 4.49 4.36 4.35 4.33 4.20 61 62 4.97 4.95 4.88 4.56 4.45 4.44 4.41 4.27 62 63 5.10 5.07 4.99 4.62 4.55 4.54 4.50 4.33 63 64 5.23 5.20 5.11 4.69 4.65 4.64 4.60 4.40 64 65 5.37 5.34 5.23 4.75 4.76 4.75 4.70 4.47 65 66 5.53 5.49 5.35 4.82 4.88 4.86 4.81 4.55 66 67 5.69 5.64 5.49 4.88 5.00 4.98 4.92 4.62 67 68 5.86 5.81 5.63 4.94 5.13 5.11 5.04 4.69 68 69 6.05 5.98 5.77 5.00 5.28 5.25 5.17 4.76 69 70 6.25 6.17 5.92 5.06 5.43 5.40 5.30 4.83 70 71 6.45 6.36 6.07 5.11 5.60 5.56 5.44 4.90 71 72 6.67 6.56 6.23 5.16 5.77 5.73 5.59 4.97 72 73 6.91 6.78 6.39 5.21 5.97 5.92 5.75 5.03 73 74 7.16 7.00 6.56 5.25 6.16 6.11 5.91 5.09 74 75 7.42 7.24 6.72 5.29 6.40 6.33 6.08 5.15 75 76 7.71 7.49 6.90 5.33 6.64 6.55 6.26 5.20 76 77 8.01 7.76 7.07 5.36 6.90 6.79 6.44 5.25 77 78 8.34 8.04 7.24 5.38 7.17 7.04 6.63 5.29 78 79 8.69 8.33 7.42 5.41 7.47 7.31 6.82 5.32 79 80 9.06 8.64 7.59 5.43 7.79 7.59 7.01 5.36 80 81 9.46 8.95 7.77 5.45 8.14 7.90 7.21 5.39 81 82 9.88 9.29 7.94 5.46 8.51 8.22 7.40 5.41 82 83 10.34 9.63 8.10 5.47 8.92 8.56 7.59 5.43 83 84 10.82 9.99 8.25 5.48 9.35 8.91 7.78 5.45 84 85 11.34 10.36 8.40 5.49 9.83 9.29 7.96 5.47 85 FIXED ANNUITY RATES TABLE 2--OPTION C MONTHLY PAYMENT PER $1,000 MALE/FEMALE JOINT AND SURVIVOR ANNUITY FEMALE AGE MALE ------------------------------------------------- MALE AGE 40 45 50 55 60 65 70 75 80 85 AGE --------- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- --------- 40 3.11 3.16 3.24 3.30 3.34 3.38 3.40 3.42 3.43 3.44 40 45 3.15 3.24 3.33 3.41 3.48 3.54 3.58 3.61 3.63 3.65 45 50 3.16 3.29 3.41 3.52 3.63 3.72 3.79 3.84 3.88 3.90 50 55 3.21 3.33 3.48 3.63 3.77 3.91 4.02 4.11 4.16 4.22 55 60 3.22 3.36 3.53 3.71 3.91 4.10 4.28 4.43 4...
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FIXED ANNUITY RATES. Notes to Tables Table 1 - Annuity Options A and B Table 2 - Annuity Option C Table 3 - Annuity Option D Table 4 - Annuity Option E
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Related to FIXED ANNUITY RATES

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

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

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

  • 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.

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Pay Rates Unit members must have been on an active status for a minimum of six

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • 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.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

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