Common use of DISTRIBUTION OF BENEFITS UPON DEATH Clause in Contracts

DISTRIBUTION OF BENEFITS UPON DEATH. (a) Unless otherwise elected as provided below, a Vested Participant who dies before the Annuity Starting Date and who has a surviving spouse shall have the Pre-Retirement Survivor Annuity paid to the surviving spouse. The Participant's spouse may direct that payment of the Pre-Retirement Survivor Annuity commence within a reasonable period after the Participant's death. If the spouse does not so direct, payment of such benefit will commence at the time the Participant would have attained the later of Normal Retirement Age or age 62. However, the spouse may elect a later commencement date. Any distribution to the Participant's spouse shall be subject to the rules specified in Section 6.6(h).

DISTRIBUTION OF BENEFITS UPON DEATH. (a) Qualified Pre-Retirement Survivor Annuity (QPSA). Unless otherwise elected as provided below, a Vested Participant who dies before the Annuity Starting Date and who has a surviving spouse Spouse shall have the Pre-Retirement Survivor Annuity paid to the surviving spouseSpouse. The Participant's spouse Spouse may direct that payment of the Pre-Retirement Survivor Annuity Xxxxxxx commence within a reasonable period after the Participant's death. If the spouse Spouse does not so direct, payment of such benefit will commence at the time the Participant would have attained the later of Normal Retirement Age or age 62. However, the spouse Spouse may elect a later commencement date. Any distribution to the Participant's spouse Spouse shall be subject to the rules specified in Section 6.6(h)6.8.

DISTRIBUTION OF BENEFITS UPON DEATH. (a) Unless otherwise elected as provided below, a Vested Participant who dies before the Annuity Starting Date and who has a surviving spouse shall have the Pre-Retirement Survivor Annuity paid to the surviving spouse. The Participant's spouse may direct that payment of the Pre-Retirement Survivor Annuity commence within a reasonable period after the Participant's death. If the spouse does not so direct, payment of such benefit will commence at the time the Participant would have attained the later of Normal Retirement Age or age 62. However, the spouse may elect a later commencement date. Any distribution to the Participant's spouse shall be subject to the rules specified specified, in Section 6.6(h).