Joint and Survivor Life Annuity. The second Annuitant named shall be referred to as the Co-Annuitant.
Joint and Survivor Life Annuity. Payments will be made during the lifetimes of the Annuitant and a designated second person. The amount of such payments will not change by reason of the first death of a joint Annuitant.
Joint and Survivor Life Annuity. The Company shall make monthly payments during the Owner’s lifetime. Upon the Owner’s death, monthly annuity payments equal to 66-2/3%, or such other percentage agreed to by the Company, of the Owner’s monthly annuity benefit shall be payable to the joint annuitant during the lifetime of the joint annuitant, if living. Upon the death of the Owner and the joint annuitant no additional benefits shall be paid.
Joint and Survivor Life Annuity. Age of Age of Age of Age of Payex Xxxxx Xxxxx Xxxxx 00 4.31 63 5.01 71 6.20 79 8.22 56 4.38 64 5.13 72 6.39 80 8.57 57 4.45 65 5.25 73 6.60 81 8.93 58 4.53 66 5.38 74 6.83 82 9.32 59 4.62 67 5.53 75 7.07 83 9.73 60 4.71 68 5.68 76 7.33 84 10.16 61 4.80 69 5.84 77 7.61 85 10.62 62 4.90 70 6.01 78 7.91 OPTION 5 - TABLE OF MONTHLY INSTALLMENT Fixed Payment For Specified Period
Joint and Survivor Life Annuity. Beginning on the Annuity Date, we will make Annuity Payments for the lives of both Annuitants. If either Xxxxxxxxx dies, Annuity Payments will continue to be paid at the same frequency then in effect for the life of the surviving Annuitant. Annuity Payments cease upon the death of the surviving Annuitant.
Joint and Survivor Life Annuity. If at the time of your disability, you were married and elected a Contingent Joint and Survivor Life Annuity you are not eligible to make this election at age 55. If you elect this Annuity Form, your pre-62+1 Pension Amount will equal the product obtained by multiplying two numbers and then adding a third number. The first number is your Disability Age 55 Pre-62+1 Pension Amount (as specified in the Table of Information). The second number is your Spousal Joint and Survivor Life Annuity Pop-Up Decrease Factor. The third number is any Disability Temporary Annuity specified for you on the Table of Information where there has been a denial of Social Security Disability benefits. Your post-62+1 Pension Amount will equal the product obtained by multiplying two numbers. The first number is your Disability Age 55 Post 62+1 Pension Amount. The second number is your Spousal Joint and Survivor Life Annuity Pop-Up Decrease Factor. The amount we will pay your spousal Contingent Life will equal the result of multiplying two numbers. The first number is the Covered Life Amount payable to you pursuant to the foregoing paragraph. The second number is a percentage. The applicable percentage is based on the corresponding Original Retirement Date specified for such Covered Life in the Table of Information or in our records: (1) 65% for an Original Retirement Date on/after October 1, 1999, (2) 60 % for an Original Retirement Date on/after November 1, 1976 and prior to October 1, 1999 (3) 55% for an Original Retirement Date on/after September 1, 1964 and prior to November 1, 1976 and (4) 50 % for an Original Retirement Date prior to September 1, 1964.
Joint and Survivor Life Annuity. Payments payable to the Payee during the lifetime of the Annuitant and during the lifetime of a designated second person. No further payments are payable after the deaths of both the Annuitant and the designated second person.
Joint and Survivor Life Annuity. The Payee receives Annuity Payments as long as the Annuitant is living. After the Annuitant dies, the Payee receives a specified percentage of each Annuity Payment as long as the joint Annuitant is living. You name the Payee and payment percentage at the time you elect this option. Annuity Payments stop on the later of the date the Annuitant dies or the date the joint Annuitant dies.
Joint and Survivor Life Annuity. Payments will be made during the lifetimes of the Annuitant and the Joint Annuitant. Upon the death of either Xxxxxxxxx, and based on the percentage initially selected, payments will continue at a level of 100% of the original benefit amount for the lifetime of the surviving Annuitant. The percentage of continuing payments may also be set to 75%, 66 2/3%, or 50% with Our consent. Payments will end with the last payment due before the death of the last Annuitant to die. After the deaths of both Annuitants, payments will cease and there will be no payments to any beneficiary.
Joint and Survivor Life Annuity. We can guarantee that equal payments will be made jointly to two annuitants as long as they both live. When one of the annuitants dies, payments will continue to the survivor under one of the following choices:
a. Equal monthly payments of the original amount. (Joint and 100% survivor)
b. Equal monthly payments of 2/3 of the original amount. (Joint and 2/3 survivor)
c. Equal monthly payments of 1/2 of the original amount. (Joint and 1/2 survivor)
