Common use of Specified Period Clause in Contracts

Specified Period. Payments made over a designated period of time of at least 10 years. The annual amount is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or

Appears in 6 contracts

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account B of Aetna Life Ins & Annuity Co

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Specified Period. Payments which are made over a designated period of time of which must be at least 10 years. The annual amount paid each year is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or

Appears in 4 contracts

Samples: VOYA RETIREMENT INSURANCE & ANNUITY Co, VOYA RETIREMENT INSURANCE & ANNUITY Co, VOYA RETIREMENT INSURANCE & ANNUITY Co

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Specified Period. Payments made over a designated period of time of at least 10 years. The annual amount payment is calculated by dividing the Current Value as of December 31 of the year prior to the payment year by the number of payment years remaining; or

Appears in 1 contract

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co

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