Annuity definition

Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.
Annuity means an annuity that is an insurance product under State law that is individually solicited, whether the product is classified as an individual or group annuity.
Annuity means an agreement to make periodical payments for a period certain or

Examples of Annuity in a sentence

  • The reporting, payment and administration of such contributions shall be governed by the terms of the Trust Agreement creating the Annuity Fund and the rules and regulations adopted thereunder.

  • A major medical insurance program (to include MUST) or Tax Sheltered Annuity option will be offered for each teacher, carrier and policy to be mutually selected by the board of Trustees and the Federation.

  • Failure of the Administrator to complete the three year commitment for any reason other than an appropriate retirement from the State Pension and Annuity Fund shall require the Administrator to repay the Board the full amount of the reimbursement received for the NJ Excel Program.

  • As discussed in the Information Statement, at a meeting held on October 25-26, 2022 (the “Meeting”), the Board of Directors (the “Board”) of VALIC Company I (“VC I”) approved an Investment Sub-Advisory Agreement between the Variable Annuity Life Insurance Company, the Fund’s investment adviser, and BlackRock Investment Management, LLC (“BlackRock”) with respect to the Fund (the “New Sub-Advisory Agreement”).

  • In addition to the wage rates listed in the Schedules attached hereto, the Employers shall pay into the International Union of Painters and Allied Trades Annuity Fund an employer non-elective contribution a sum as listed in Schedule "A" per compensable hour for all employees covered by this agreement.


More Definitions of Annuity

Annuity means payments for life derived from contributions made by a contributor and paid from the annuity and pension reserve fund as provided in this chapter. All annuities shall be paid in twelve equal monthly installments.
Annuity means payments for life derived from accumulated
Annuity means the moneys payable per year during life by
Annuity means an agreement to make periodical payments for a period certain or over the lifetime of one or more individuals if the making or continuance of all or some of the series of the payments, or the amount of the payment, is dependent upon the continuance of human life.
Annuity means payments for life derived from contributions made by a member as provided
Annuity means payments for life derived from the
Annuity means monthly payments derived from member contributions.