Straight Life Annuity means an annuity payable in equal installments for the life of the Participant that terminates upon the Participant's death.

Straight Life Annuity means an annuity payable in equal installments for the life of a Participant that terminates upon the Participant's death.

Straight Life Annuity means an annuity payable in equal installments for the life of the Participant that terminates upon the Participant's death. SECTION FOUR INDIVIDUAL ACCOUNTS OF PARTICIPANTS AND VALUATION

Examples of Straight Life Annuity in a sentence

Straight life annuity means an annuity payable in equal installments for the life of the participant that terminates upon the participant's death.
Straight life annuity.2. Straight life annuity with five years certain.3. Straight life annuity with ten years certain.
Except with respect to Awards granted pursuant to Section 6(g) of the Plan, the Committee may waive any conditions of or rights of the Company under any outstanding Award, prospectively or retroactively.
Upon the death of the retired member, or five years from the member’s original retirement date, whichever is later, all future retirement payments shall cease.3. Straight life annuity with ten years certain.
Straight life annuity with guaranteed refund of Accumulated Contributions (with options available).

More Definitions of Straight Life Annuity

Straight Life Annuity means the same as monthly life annuity according to A.R.S. § 38-757.

Straight Life Annuity means an annuity payable in equal installments for the life of the Participant that terminates upon the Participant's death. 10.5. Notice Requirements. In the case of a Qualified Joint and Survivor Annuity, no less than 30 days and no more than 90 days before a Participant's Annuity Starting Date the Plan Administrator shall provide to him a written explanation of (i) the terms and conditions of a Qualified Joint and Survivor Annuity, (ii) the Participant's right to make, and the effect of, an election to waive the Qualified Joint and Survivor Annuity form of benefit, (iii) the rights of the Participant's spouse, and (iv) the right to make, and the effect of, a revocation of a previous election to waive the Qualified Joint and Survivor Annuity.

Straight Life Annuity means an Annuity payable in equal installments for the life of the member and terminating on the Member’s death.

Straight Life Annuity means an annuity payable in equal installments for the life of a member that terminates upon the member’s death.

Straight Life Annuity means a benefit payable in equal monthly installments to the Participant for his life with no benefits payable after his death.

Straight Life Annuity means an annuity payable in equal installments for the life of the Participant that terminates on the Participant’s death.

Straight Life Annuity means retirement income in the form of monthly payments for life with no Surviving spouse's benefit.