JOINT AND SURVIVOR ANNUITIES Sample Clauses

JOINT AND SURVIVOR ANNUITIES. Joint and Full to Survivor Joint and Two-Thirds Survivor Certain Period Certain Period Joint None 120 240 Age None 120 240 $4.37 $4.37 ????? 60 $4.78 $4.74 $4.57 4.44 4.44 4.40 61 4.88 4.82 4.63 4.52 4.51 4.46 62 4.97 4.91 4.69 4.60 4.59 4.53 63 5.08 5.00 4.76 4.68 4.68 4.60 64 5.19 5.10 4.82 4.77 4.77 4.67 65 5.31 5.21 4.88 4.87 4.86 4.74 66 5.44 5.32 4.95 4.98 4.96 4.82 67 5.57 5.44 5.01 5.09 5.07 4.89 68 5.72 5.56 5.08 5.21 5.19 4.96 69 5.87 5.69 5.14 5.34 5.31 5.04 70 6.04 5.83 5.20 5.47 5.44 5.11 71 6.22 5.97 5.25 5.62 5.58 5.18 72 6.42 6.12 5.31 5.78 5.73 5.24 73 6.62 6.28 5.36 5.96 5.88 5.30 74 6.85 6.44 5.40 6.14 6.05 5.36 75 7.09 6.61 5.44 Age Adjustment Table Year of Birth Adjustment to Age Year of Birth Adjustment to Age Before 1920 + 2 1970-1979 - 4 1920-1929 + 1 1980-1989 - 5 1930-1939 0 1990-1999 - 6 1940-1949 - 1 2000-2009 - 7 1950-1959 - 2 2010-2019 - 8 1960-1969 - 3 After 2019 - 9
Sample 1See All (5)
AutoNDA by SimpleDocs
JOINT AND SURVIVOR ANNUITIES. Joint and Full to Survivor Certain Period Joint Age Joint and Two-Thirds to Survivor Certain Period None 120 240 None 120 240 $2.90 2.97 3.05 3.13 3.22 3.31 3.40 3.51 3.62 3.73 3.86 4.00 4.14 4.30 4.47 4.65 $2.90 2.97 3.05 3.13 3.21 3.30 3.40 3.50 3.61 3.73 3.85 3.99 4.13 4.28 4.45 4.63 $2.89 2.96 3.03 3.11 3.19 3.27 3.36 3.45 3.54 3.64 3.74 3.83 3.93 4.02 4.11 4.19 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 $3.20 3.29 3.38 3.48 3.58 3.69 3.80 3.93 4.06 4.21 4.36 4.53 4.71 4.90 5.11 5.34 $3.18 3.27 3.36 3.45 3.55 3.65 3.76 3.88 4.01 4.14 4.28 4.44 4.60 4.77 4.95 5.15 $3.11 3.18 3.26 3.34 3.42 3.50 3.59 3.67 3.76 3.85 3.93 4.01 4.09 4.17 4.24 4.31 Year of Birth Adjustment to Age Year of Birth Adjustment to Age This page intentionally left blank. This page intentionally left blank. If You have any questions concerning this Contract, please contact Your Company representative or Our Servicing Office.
Sample 1
JOINT AND SURVIVOR ANNUITIES. Joint and Full to Survivor Joint and Two-Thirds to Survivor Certain Period Certain Period ---------------------------------------------------------------------- Joint None 120 240 Age None 120 240 ------ ------ ------ ----- ------ ------ ------ $ 3.93 $ 3.93 $ 3.90 60 $ 4.34 $ 4.29 $ 4.14 4.00 4.00 3.96 61 4.43 4.38 4.20 4.08 4.08 4.03 62 4.53 4.48 4.27 4.17 4.16 4.10 63 4.64 4.58 4.34 4.25 4.25 4.18 64 4.75 4.68 4.41 4.35 4.34 4.25 65 4.88 4.79 4.48 4.45 4.44 4.33 66 5.01 4.91 4.55 4.56 4.55 4.41 67 5.15 5.03 4.61 4.68 4.66 4.49 68 5.30 5.16 4.68 4.80 4.78 4.57 69 5.46 5.29 4.75 4.94 4.91 4.64 70 5.63 5.44 4.81 5.08 5.05 4.72 71 5.81 5.59 4.87 5.23 5.19 4.79 72 6.01 5.74 4.93 5.40 5.34 4.86 73 6.22 5.91 4.98 5.57 5.50 4.93 74 6.45 6.08 5.03 5.77 5.67 4.99 75 6.70 6.25 5.08 Age Adjustment Table Year of Birth Adjustment to Age Year of Birth Adjustment to Age -------------------- ----------------- ------------- ----------------- Before 1920 +2 1970-1979 -4 1920-1929 +1 1980-1989 -5 1930-1939 0 1990-1999 -6 1940-1949 -1 2000-2009 -7 1950-1959 -2 2010-2019 -8 1960-1969 -3 A VARIABLE ANNUITY PAYMENT WITH A 4.0% ASSUMED INTEREST RATE 1983 'a' Individual Annuity Mortality Table, modified DOLLAR AMOUNT OF FIRST MONTHLY PAYMENT WHICH IS PURCHASED WITH EACH $1,000 APPLIED SINGLE LIFE ANNUITIES ------------------------------------------------- No 120 240 Period Months Months Unit Age Certain Certain Certain Refund --- ------- ------- ------- ------ 60 $ 4.88 $ 4.83 $ 4.66 $ 4.67 61 4.97 4.92 4.72 4.74 62 5.07 5.01 4.79 4.82 63 5.18 5.11 4.85 4.90 64 5.30 5.21 4.92 4.99 65 5.42 5.32 4.99 5.08 66 5.55 5.43 5.05 5.17 67 5.69 5.55 5.12 5.27 68 5.84 5.68 5.18 5.38 69 6.00 5.82 5.25 5.49 70 6.18 5.96 5.31 5.61 71 6.37 6.11 5.37 5.73 72 6.57 6.27 5.42 5.86 73 6.80 6.44 5.47 6.00 74 7.04 6.61 5.52 6.14 75 7.30 6.79 5.56 6.29 JOINT AND SURVIVOR ANNUITIES ---------------------------------------------------------------------- Joint and Full to Survivor Joint and Two-Thirds to Survivor Certain Period Certain Period ---------------------------------------------------------------------- Joint None 120 240 Age None 120 240 ------ ------ ------ ----- ------ ------ ------ $ 4.47 $ 4.46 $ 4.43 60 $ 4.89 $ 4.84 $ 4.67 4.54 4.53 4.49 61 4.98 4.92 4.73 4.61 4.61 4.56 62 5.08 5.01 4.79 4.69 4.69 4.63 63 5.19 5.11 4.86 4.78 4.78 4.70 64 5.30 5.21 4.92 4.88 4.87 4.77 65 5.42 5.32 4.99 4.97 4.96 4.84 66 5.55 5.44 5.05 5.08 5.07 4.92 67 5.69 5.56 5.12 5.20 5.18 4.99 68 5.84 5.68 5.18 5.32 5.3...
Sample 1
JOINT AND SURVIVOR ANNUITIES. Joint and Full to Survivor Joint and Two-Thirds to Survivor Certain Period Certain Period ---------------------------------------------------------------------- Joint None 120 240 Age None 120 240 ------ ------ ------ ----- ------ ------ ------ $ 3.24 $ 3.24 $ 3.22 60 $ 3.63 $ 3.60 $ 3.46 3.32 3.32 3.29 61 3.73 3.69 3.54 3.40 3.40 3.36 62 3.83 3.79 3.61 3.49 3.49 3.44 63 3.94 3.89 3.68 3.59 3.58 3.52 64 4.06 4.00 3.76
Sample 1
JOINT AND SURVIVOR ANNUITIES. JOINT AND FULL TO SURVIVOR JOINT AND TWO-THIRDS TO CERTAIN PERIOD SURVIVOR CERTAIN PERIOD -------------------------- ----------------------- NONE 120 240 JOINT AGE NONE 120 240 ---------------------------------------------------------------- $5.17 $5.17 $5.14 60 $5.59 $5.54 $5.37 5.23 5.23 5.20 61 5.68 5.62 5.43 5.31 5.30 5.26 62 5.78 5.71 5.49 5.38 5.38 5.32 63 5.88 5.80 5.56 5.46 5.46 5.39 64 5.99 5.90 5.62 5.55 5.54 5.46 65 6.11 6.00 5.68 5.65 5.64 5.53 66 6.23 6.11 5.75 5.75 5.73 5.60 67 6.36 6.23 5.81 5.85 5.84 5.67 68 6.51 6.35 5.87 5.97 5.95 5.75 69 6.66 6.48 5.94 6.09 6.07 5.82 70 6.83 6.61 6.00 6.23 6.20 5.90 71 7.00 6.75 6.06 6.37 6.33 5.97 72 7.19 6.90 6.11 6.53 6.47 6.03 73 7.40 7.06 6.17 6.69 6.63 6.10 74 7.62 7.22 6.22 6.87 6.79 6.16 75 7.85 7.38 6.26 Age Adjustment Table YEAR OF BIRTH ADJUSTMENT TO AGE ------------- ----------------- Before 1920 +2 1920-1929 +1 1930-1939 0 1940-1949 -1 1950-1959 -2 1960-1969 -3 1970-1979 -4 1980-1989 -5 1990-1999 -6 2000-2009 -7 2010-2019 -8 26 ARTICLE 13 ANNUITY PURCHASE RATES UNDER A FIXED ANNUITY PAYMENT OPTION WITH A 1.5% INTEREST RATE (ON FILE WITH THE NEW YORK SUPERINTENDENT OF INSURANCE) DOLLAR AMOUNT OF FIRST MONTHLY PAYMENT WHICH IS PURCHASED WITH EACH $1,000 APPLIED SINGLE LIFE ANNUITIES
Sample 1
JOINT AND SURVIVOR ANNUITIES. JOINT AND FULL TO SURVIVOR JOINT AND TWO-THIRDS TO CERTAIN PERIOD SURVIVOR CERTAIN PERIOD -------------------------- ----------------------- NONE 120 240 JOINT AGE NONE 120 240 ---------------------------------------------------------------- $3.23 $3.23 $3.21 60 $3.61 $3.58 $3.46 3.31 3.30 3.28 61 3.70 3.67 3.53 3.39 3.38 3.35 62 3.80 3.77 3.60 3.47 3.47 3.43 63 3.91 3.86 3.68 3.56 3.56 3.50 64 4.02 3.97 3.75 3.66 3.65 3.59 65 4.14 4.08 3.83 3.76 3.75 3.67 66 4.27 4.20 3.91 3.86 3.86 3.75 67 4.40 4.32 3.98 3.98 3.97 3.84 68 4.55 4.45 4.06 4.10 4.09 3.92 69 4.70 4.59 4.13 4.23 4.22 4.01 70 4.87 4.73 4.21 4.37 4.35 4.09 71 5.05 4.88 4.28 4.52 4.49 4.18 72 5.24 5.04 4.35 4.68 4.64 4.26 73 5.44 5.20 4.41 4.85 4.80 4.33 74 5.66 5.38 4.47 5.03 4.97 4.41 75 5.89 5.56 4.52 Age Adjustment Table YEAR OF BIRTH ADJUSTMENT TO AGE ------------- ----------------- Before 1920 +2 1920-1929 +1 1930-1939 0 1940-1949 -1 1950-1959 -2 1960-1969 -3 1970-1979 -4 1980-1989 -5 1990-1999 -6 2000-2009 -7 2010-2019 -8 27
Sample 1
JOINT AND SURVIVOR ANNUITIES. PRE-RETIREMENT SURVIVOR ANNUITIES
Sample 1
AutoNDA by SimpleDocs

Related to JOINT AND SURVIVOR ANNUITIES

  • Qualified Joint and Survivor Annuity Unless an optional form of benefit is selected pursuant to a qualified election within the 90-day period ending on the annuity starting date, a married Participant's Vested account balance will be paid in the form of a qualified joint and survivor annuity and an unmarried Participant's Vested account balance will be paid in the form of a life annuity. The Participant may elect to have such annuity distributed upon attainment of the earliest retirement age under the Plan.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Survivors Benefits Benefits for the surviving family members of individuals who have died from COVID–19, including cash assistance to widows, widowers, or dependents of individuals who died of COVID–19.

  • Annuity 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply. a. The entitlement to an annuity payment cannot be surrendered, disposed of, divulged or used as security and, in general, no legal action can be taken with regard to this insurance that may lead the tax authorities to take back the premium deduction they received for this insurance in the past. b. The insurer shall be held liable by law for the payment of the wage and income tax and revision interest owed by the policyholder or the person entitled to an annuity as soon as a circumstance referred to under point a arises. c. The insurer will then be entitled to set off the amount of the maximum wage and income tax and revision interest due against the value of the insured annuity(s), irrespective of whether these are paid out or not.

  • Life Annuity In addition to the rules imposed by the Act, a life annuity purchased with the property of the Plan must comply with Pension Legislation and must be established for the Annuitant’s life. However, if the Annuitant has a Spouse on the date payments under the life annuity begin, the life annuity must be established for the lives jointly of the Annuitant and the Annuitant’s Spouse, unless the Spouse has provided a waiver in the form and manner required by Pension Legislation. Where the surviving Spouse is entitled to payments under the life annuity after the Annuitant’s death, those payments must be at least 60 percent of the amount to which the Annuitant was entitled prior to the Annuitant’s death. The life annuity may not differentiate based on gender except to the extent permitted by Pension Legislation.

  • Domestic Partners; Spouses; Gender Discrimination If the Contract Amount is $100,000 or more, Contractor certifies that it is in compliance with PCC 10295.3, which places limitations on contracts with contractors who discriminate in the provision of benefits regarding marital or domestic partner status.

  • Tax Sheltered Annuities The SPS shall continue to comply with the law(s) regarding Tax Sheltered Annuities.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Annuities 1. Changing amount(s) of existing annuity(ies) requires written notice of fifteen (15) weekdays, excluding holidays. 2. Adding a new annuity not currently on the computer requires written notice of twenty (20) weekdays, excluding holidays. 3. The Board has the option to drop an annuity that has been inactive for twelve (12) months. 4. The number of annuities offered shall be limited to the capacity of the current computer program.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!