Common use of Participant's Accrued Benefit Clause in Contracts

Participant's Accrued Benefit. If the Participant's Spouse is the Beneficiary, such benefit shall be offset by the Actuarial Value of the Qualified Pre-retirement Survivor Annuity. If the Plan is funded with life insurance, the face amount of the policies purchased will be [. . . .] (not to exceed 100) times the Participant's anticipated monthly retirement benefit.

Appears in 10 contracts

Samples: Adoption Agreement (Premier Strategic Growth Fund), Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Growth & Income Fund Inc /New/)

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