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
Payments shall be paid as directed by the Board of Trustees of the Ohio Laborers Annuity Fund.
Each Employer shall contribute one dollar ($1.00) per hour for each hour worked to the Ohio Laborers Annuity Fund.
The Employer and the Union do hereby agree to maintain a Deferred Income Annuity in accordance with the Trust Agreement that has been established and approved by both parties to 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 payments for life derived from contributions made by a member as provided
Annuity means the moneys payable per year during life by
Annuity means payments for life derived from the
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 a non-commutable life annuity contract that is issued or issuable by an insurance company to provide, on a deferred or immediate basis, a series of periodic payments for the life of the annuity holder or for the lives jointly of the annuity holder and the annuity holder's spouse;