Surrender Charge. Except as described below, if the Contract is Surrendered, in full or in part, while the Surrender Charge schedule shown in the Contract Schedule is in effect a Surrender Charge will be imposed as a percentage of Accumulation Value Surrendered. The percentage imposed at the time of Surrender depends on the number of complete years that have elapsed since Contract issue. Surrender Charges are shown in the Contract Schedule. No Surrender Charges will be assessed upon:
Appears in 4 contracts
Samples: Exhibit 16 (VOYA RETIREMENT INSURANCE & ANNUITY Co), Exhibit 16 (VOYA RETIREMENT INSURANCE & ANNUITY Co), VOYA RETIREMENT INSURANCE & ANNUITY Co
