Qualified Pre-Retirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period pursuant to a Qualified Election, if a Participant dies before the Annuity Starting Date then the Participant's Vested Account Balance shall be paid in the form of a Qualified Pre-Retirement Survivor Annuity. The Surviving Spouse may elect to elect to have such annuity distributed within a reasonable period after the Participant's death.
Appears in 10 contracts
Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Lifetime Portfolios Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Global Growth Fund), Adoption Agreement Dreyfus Standardized (Dreyfus Growth Opportunity Fund Inc)
Qualified Pre-Retirement Survivor Annuity. Unless the Owner has elected an optional form of benefit has been selected within the Election Period election period pursuant to a Qualified Electionqualified election, if a Participant the Owner dies before the Annuity Starting Date then annuity starting date, the Participant's Vested Account Balance shall be paid Owner’s surviving spouse will receive payment in the form of a Qualified Pre-Retirement Survivor Annuityan annuity for the life of the surviving spouse. The Surviving Spouse surviving spouse may elect to elect to have such annuity distributed payments commence within a reasonable period after the Participant's Owner’s death.
Appears in 2 contracts
Samples: NML Variable Annuity Account A, NML Variable Annuity Account B
Qualified Pre-Retirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period by a Participant pursuant to a Qualified Election, if a Participant dies before the Annuity Starting Date Date, then the Participant's ’s Vested Account Balance shall be paid in applied, at the form discretion of a Qualified Pre-Retirement Survivor Annuitythe Surviving Spouse, toward the purchase of an annuity for the life of the Surviving Spouse, subject to the restrictions of Sections 8.07 and 8.08. The Surviving Spouse may elect to elect to have such annuity distributed within a reasonable period after the Participant's ’s death.
Appears in 2 contracts
Samples: Adoption Agreement (Sonic Corp), Adoption Agreement (BRPP LLC)
Qualified Pre-Retirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period by a Participant pursuant to a Qualified Election, if a Participant dies before the Annuity Starting Date Date, then the Participant's Vested Account Balance shall be paid in applied, at the form discretion of a Qualified Pre-Retirement Survivor Annuitythe Surviving Spouse, toward the purchase of an annuity for the life of the Surviving Spouse, subject to the restrictions of sections 07. and 08. The Surviving Spouse may elect to elect to have such annuity distributed within a reasonable period after the Participant's death.
Appears in 2 contracts
Samples: Metals Usa Inc, Metals Usa Inc