Payment Starting Date definition

Payment Starting Date means the first day of the first period for which the Plan pays an amount in any form.

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Payment Starting Date means the first day of the month coinciding with or next following the later of (i) the date of the Eligible Employee's Termination of Employment, or (ii) the Eligible Employee's Earliest Payment Date.

Payment Starting Date means the first day on which all events have occurred which entitle the Participant to a benefit.

Examples of Payment Starting Date in a sentence

• In the case where Payments have not started under the Deceased Holder’s Source Contract, your interest in this Inherited NQ Contract must be distributed, before or on the Required Payment Starting Date over your remaining life expectancy period, with such life expectancy determined in Section 7A.03.

• We will make the first scheduled Required Payment Under Section 72(s)(2)(B) on the Inherited NQ Payment Starting Date and will make each subsequent scheduled Required Payment Under Section 72(s)(2)(B) on the first day of each Annual Payout Period unless we allow you to, and you elect to receive each scheduled Post-Death Payment Under Section 72(s)(2)(B) in installments on a more frequent basis than annually.

• Payments of the Annuity Benefit Under this Endorsement will vary based on the Annuity Account Value as determined on the Inherited NQ Payment Starting Date and each Inherited NQ Payment Anniversary Date.

• Except for [Inbound Exchanges Where Payments Have Started], the amount of the initial scheduled Required Payment Under Section 72(s)(2)(B) is determined by dividing your Annuity Account Value as of the Inherited NQ Payment Starting Date by a divisor representing your initial life expectancy period, as shown in Attachment A.

• The Required Payment Starting Date must be no later than one year after the date of death of the Deceased Holder of the Source Contract.

• If you have elected the [Income Edge Beneficiary Advantage] Payment Program, all conditions stated in Section 7B.01 must be met before the requested Inherited NQ Payment Starting Date.

• If we cannot honor your requested Inherited NQ Payment Starting Date election, due to the conditions of Section 3.03 not being met, we will begin payments to you under the Beneficiary NQ Stretch Option no later than the Required Payment Starting Date.

• In the case of an [Inbound Exchange Where Payments Have Started], the Inherited NQ Payment Starting Date cannot be later than one year after the date of the last payment from the Source Contract (or the Interim Source Contract from which amounts are exchanged into this Contract, if applicable).

• Required Payments Under Section 72(s)(2)(B) must have been made at least annually over a period certain which does not exceed the Owner’s life expectancy period at the Required Payment Starting Date.

• The amount of the initial scheduled Required Payment Under Section 72(s)(2)(B) is determined by dividing your Annuity Account Value as of the Inherited NQ Payment Starting Date by a divisor representing your initial life expectancy period, as shown in Attachment A.

More Definitions of Payment Starting Date

Payment Starting Date means a date that cannot be earlier than 30 days or later than 90 days after the Participant receives the information required by Plan section 9.01 unless he waives the 30-day notice requirement pursuant to that Plan section.

Payment Starting Date means the date as of which payment of a Participant's Supplemental Pension Benefit is to be made, or is to commence, pursuant to the provisions of Section 4(d) hereof.