Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than thirty (30) days and no more than ninety (90) days prior to the Annuity Starting Date, provide each Participant a written explanation of:
Appears in 8 contracts
Sources: Defined Contribution Plan (1st Constitution Bancorp), Adoption Agreement (Sterling Chemicals Inc), Defined Contribution Plan (Georgetown Bancorp, Inc.)
Notice Requirements For Qualified Joint And Survivor Annuity. In the case of a Qualified Joint and Survivor Annuity, the Plan Administrator shall, no less than thirty (30) days and no more than ninety (90) days prior to the Annuity Starting Date, provide each Participant a written explanation of:
1. the terms and conditions of a Qualified Joint and Survivor Annuity,
2. the Participant’s right to make and the effect of an election to waive the Qualified Joint and Survivor Annuity form of benefit, 3. the rights of a Participant’s Spouse, and
Appears in 1 contract
Sources: Defined Contribution Plan (Wellesley Bancorp, Inc.)