Election Period. A Participant may waive the Qualified Joint and Survivor Annuity form of benefit at any time during a 180-day election period ending on the date as of which his benefit payments begin. Such a waiver must be in writing and must specify the optional form of benefit elected and the specific Beneficiary or Beneficiaries, if any, to whom any death benefits under the Plan will be payable.
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Samples: 401(k) Retirement Savings Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc), Retirement Plan (Lsi Industries Inc)
Election Period. A Participant may waive the Qualified Joint and Survivor Annuity form of benefit at any time during a 18090-day election period ending on the date as of which his benefit payments begin. Such a waiver must be in writing and must specify the optional form of benefit elected and the specific Beneficiary or Beneficiaries, if any, to whom any death benefits under the Plan will be payable.
Appears in 1 contract
Samples: Retirement Plan (Lsi Industries Inc)
Election Period. A Participant may waive the Qualified Joint and Survivor Annuity form of benefit at any time during a 18090-day election period ending on the date as of which his benefit payments beginannuity starting date. Such a waiver must be in writing and must specify the optional form of benefit elected and the specific Beneficiary or Beneficiaries, if any, to whom any death benefits under the Plan will be payable.
Appears in 1 contract