Common use of Alternate Nonparticipating Retirement Annuity Clause in Contracts

Alternate Nonparticipating Retirement Annuity. Any annuity elected shall be provided at whatever current single premium nonparticipating immediate annuity rates are available under this class of group annuity contract if such rates produce a higher income than that provided under the Table of Immediate Annuities provided in this contract.

Appears in 12 contracts

Samples: Employer Sponsored Contract (Aul American Unit Trust), Custodial SPL Contract (Aul American Unit Trust), Ira Custodial Contract (Aul American Unit Trust)

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