Full annuity. If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated bene- ficiary, the participant receives a ‘‘full’’ annuity. A full annuity means an annuity computed without any sur- vivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service. Average basic annual salary for high 3 consecutive (a) At commencement of annuity, a participant or former participant may
Appears in 6 contracts
Samples: Spousal Agreement, Spousal Agreement, Spousal Agreement
Full annuity. If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated bene- ficiary, the participant receives a ‘‘full’’ annuity. A full annuity means an annuity computed without any sur- vivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service. Average basic annual salary for high 3 consecutive
(a) At commencement of annuity, a participant or former participant may
Appears in 3 contracts
Samples: Pension Agreement, Pension Agreement, Pension Agreement
Full annuity. If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated bene- ficiary, the participant receives a ‘‘full’’ annuity. A full annuity means an annuity computed without any sur- vivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service. Average basic annual salary for high 3 consecutiveconsecutive § 19.10–2 Reduced annuity with reg- ular survivor annuity to spouse or former spouse.
(a) At commencement of annuity, a participant or former participant may
Appears in 1 contract
Samples: Pension Agreement
