Single Life Annuity definition
Examples of Single Life Annuity in a sentence
Payments will be made monthly to the ALTERNATE PAYEE for the life of the ALTERNATE PAYEE with a period certain of 60 payments, as described in the PLAN under the Single Life Annuity with 60 Month Guarantee option.
The following income options are available: A Single Life Annuity.
The monthly payment hereunder shall be in the form of a Single Life Annuity if the Participant has no Eligible Spouse and in the form of a 50% Qualified Joint and Survivor Annuity if the Participant has an Eligible Spouse.
Employees must remember that regardless of the transaction's status as exempt or not exempt, the Employee's fiduciary obligations remain unchanged.
All forms of payment under this Schedule shall be Actuarially Equivalent to the benefit payable as a Single Life Annuity.