Contingent Annuitant definition

Contingent Annuitant is the natural person who becomes the Annuitant if the Annuitant dies prior to the Income Date.
Contingent Annuitant means the person named by a member to
Contingent Annuitant. The natural person named to become the Annuitant on the Annuitant's death prior to the Annuity Date.

Examples of Contingent Annuitant in a sentence

  • You will be the Contingent Annuitant unless you name someone else.

  • If the Annuitant dies before the Annuity Commencement Date, the Contingent Annuitant becomes the Annuitant.

  • If there are joint Owners, we will treat the youngest of the Owners as the Contingent Annuitant designated, unless you elect otherwise.

  • If the Annuitant dies and no Contingent Annuitant has been named, we will allow you sixty days to designate someone other than yourself as an Annuitant.

  • If there is no named Contingent Annuitant, the surviving spouse will become the Annuitant.


More Definitions of Contingent Annuitant

Contingent Annuitant means the person designated to receive retirement benefits under this Plan following the death of the Employee or a Recipient.
Contingent Annuitant means the person named by a member to receive retirement income payable following a member's death after retirement as provided in section 38‑760.
Contingent Annuitant or “Joint Annuitant” means the person entitled to the remaining benefits of the annuity following the death of the Annuitant.
Contingent Annuitant. The person You designate who, upon the Annuitant's death, prior to the Annuity Commencement Date, becomes the Annuitant.
Contingent Annuitant means the person shown on the annuity schedule entitled to annuity benefits following the death of the Annuitant under a Joint and Survivor Form of Annuity.
Contingent Annuitant means the person that a member designates to receive continued annuity payments after the member dies.
Contingent Annuitant means the same as in A.R.S. § 38-711(8) and the person is eligible for Coverage.