Qualified Preretirement Survivor Annuity Sample Clauses

Qualified Preretirement 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 applied toward the purchase of an annuity for the life of the surviving spouse. The surviving spouse may elect to have such annuity distributed within a reasonable period after the Participant's death.
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Qualified Preretirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period pursuant to a Qualified Election, the Vested Account Balance of a Participant who dies before the Annuity Starting Date shall be applied toward the purchase of an annuity for the life of his surviving spouse (a "Qualified Preretirement Survivor Annuity"). The surviving spouse may elect to have such an annuity distributed within a reasonable period after the Participant's death. For purposes of this Article 10, the term "spouse" means the current spouse or surviving spouse of a Participant, except that a former spouse will be treated as the spouse or surviving spouse (and a current spouse will not be treated as the spouse or surviving spouse) to the extent provided under a qualified domestic relations order as described in Section 414(p) of the Code.
Qualified Preretirement Survivor Annuity. [See Section 10.1(g).]
Qualified Preretirement Survivor Annuity. A survivor annuity for the life of the Surviving Spouse of the Participant the actuarial equivalent of the Participant’s vested Account Balance.
Qualified Preretirement Survivor Annuity. The Plan Administrator shall provide to each Participant within the "applicable period" for such Participant a written explanation of the Qualified Preretirement Survivor Annuity which includes the type of information described in section 10.4(a). The "applicable period" for a Participant is 10.4(b)(1) the period beginning on the first day of the Plan Year in which such Participant attains age 32 and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age 35,
Qualified Preretirement Survivor Annuity. If this Plan is adopted as a money purchase pension plan, unless an optional form of distribution has been selected within the Election Period pursuant to a Qualified Election, if a Participant's Service terminates because of death before distributions have commenced, then the Trustee shall, upon the direction of the Administrator, apply 50% of the Participant's vested Account balance toward the purchase of an annuity contract for the life of the Spouse.
Qualified Preretirement Survivor Annuity. Do not complete this section if paragraph (J)(1)
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Qualified Preretirement Survivor Annuity. (i) Unless either paragraph (ii) below applies or the Participant has selected an optional form of distribution within the Election Period pursuant to a Qualified Election or a Special Qualified Election, if the Participant dies before the earlier of (A) his or her Annuity Starting Date or (B) his or her First Required Distribution Date, then the Trustee shall, upon the direction of the Administrator, apply 50% of the Participant's Vested Account Balance toward the purchase of an annuity contract for the life of the Spouse.
Qualified Preretirement Survivor Annuity i. Unless an optional form of benefit has been selected within the election period pursuant to a qualified election, if a Participant dies after the Earliest Retirement Age the Participant's surviving Spouse, if any, will receive the same benefit that would be payable if the Participant had retired with an immediate Qualified Joint and Survivor Annuity on the day before the Participant's date of death. The surviving Spouse may elect to commence payment under such annuity within a reasonable period after the Participant's death. The actuarial value of benefits which commence later than the date on which payments would have been made to the surviving Spouse under a Qualified Joint and Survivor Annuity in accordance with this provision shall be adjusted to reflect the delayed payment.
Qualified Preretirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period pursuant to a Qualified Election, the vested Account Balance of a Participant who dies before the Annuity Starting Date shall be applied toward the purchase of an annuity for the life of his surviving Spouse (a QPSA). The surviving Spouse may elect to have such annuity distributed within the 90-day period after the Participant’s death. For purposes of this Article 8, the term “Spouse” means the current Spouse or surviving Spouse of a Participant, except that a former Spouse will be treated as the Spouse or surviving Spouse (and a current Spouse will not be treated as the Spouse or surviving Spouse) to the extent provided under a QDRO.
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