Group Annuity Contract definition

Group Annuity Contract means a master contract providing annuities to a group of persons under a single con- tract.
Group Annuity Contract means the group annuity contract or contracts issued by the Insurer through which benefits of the Plan are to be funded.
Group Annuity Contract means a single premium, non-participating group annuity contract, and all exhibits thereto, substantially in the form set forth in Schedule 1.01(e).

Examples of Group Annuity Contract in a sentence

  • ERISA 403(b) Plan 401(k) Plan Funding vehicle and investment options Annuity contract that satisfies Section 403(b)(1)) or mutual funds held in a Section 403(b)(7) custodial account Group annuity contract or trust which may hold investments such as mutual funds, nonregistered separate accounts, stocks, bonds, and employer securities.


More Definitions of Group Annuity Contract

Group Annuity Contract means Group Annuity Contract 8474-0 issued by Metropolitan Life Insurance Company to provide for the payment of benefits accrued under a terminated pension plan previously maintained by the Company's predecessor.
Group Annuity Contract means an Annuity Contract under which the obligees are individuals who are affiliated through an employer, trade association, labour union, or other association or group.
Group Annuity Contract means a contract under which the insurance company undertakes to become liable to pay annuities to or in respect of persons who may subsequently be specified or otherwise ascertained under or in accordance with the contract (whether or not annuities under the contract are also payable to or in respect of persons who are specified or ascertained at the time the contract is made), and
Group Annuity Contract means a master contract providing annuities to a group of persons under a single contract.
Group Annuity Contract means an annuity contract
Group Annuity Contract means any policy or contract, except a joint, reversionary or survivorship annuity contract, whereby annuities are payable dependent upon the continuance of the lives of more than one person. Section 4238(a).
Group Annuity Contract means the group annuity contract entered into between an insurance company and the pension board of trustees.