Common use of Payment of the Death Benefit Clause in Contracts

Payment of the Death Benefit. If you die before your annuity starting date, the death benefit will be payable to your beneficiary. We must receive the following in a form acceptable to TIAA before any death benefit will be paid: A) proof of your death; B) the choice of a method of payment as provided in section 51; and C) proof of the beneficiary’s age if the method of payment chosen is the one-life annuity or the minimum distribution annuity. Payment under the single-sum payment method will be made as of the date we receive these items; payment under any other method of payment will start no later than the first day of the month after we have received these items. Upon receipt of proof of your death, we may divide your accumulation into as many portions as there are validly designated beneficiaries for your contract. If different rate schedules apply to different parts of your Traditional Annuity accumulation, the resulting portions will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAA. Each validly designated beneficiary will then have the right to make elections available under your contract in connection with his or her portion of the accumulation.

Payment of the Death Benefit. If you die before your annuity starting certificate's maturity date, the death benefit will be payable to your beneficiary. We must receive the following in a form acceptable to TIAA before any death benefit will be paid: A) proof of your death; B) the choice of a method of payment as provided in section 5149; and C) proof of the beneficiary’s 's age if the method of payment chosen is the one-life annuity or the minimum distribution annuity. Payment under the single-sum payment method will be made effective as of the date we receive these items; payment under any other the one-life annuity method of payment will start be effective and begin no later than the first day of the month after we have received these items. Upon receipt of proof of your death, we may will divide your accumulation into as many portions as there are validly designated beneficiaries for your contractcertificate. If different rate schedules apply to different parts of your Traditional Annuity accumulation, the resulting portions will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAAbasis. Each validly designated beneficiary will then have the right to make elections available under your contract this certificate in connection with his or her portion of the accumulation.

Payment of the Death Benefit. If you die before your annuity starting certificate's maturity date, the death benefit will be payable to your beneficiary. We must receive the following in a form acceptable to TIAA before any death benefit will be paid: A) proof of your death; B) the choice of a method of payment as provided in section 5145; and C) proof of the beneficiary’s 's age if the method of payment chosen is the one-life annuity or the minimum distribution annuity. Payment under the single-sum payment method will be made effective as of the date we receive these items; payment under any other the one-life annuity method of payment will start be effective and begin no later than the first day of the month after we have received these items. Upon receipt of proof of your death, we may will divide your accumulation into as many portions as there are validly designated beneficiaries for your contractcertificate. If different rate schedules apply to different parts of your Traditional Annuity accumulation, the resulting portions will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAAbasis. Each validly designated beneficiary will then have the right to make elections available under your contract this certificate in connection with his or her portion of the accumulation.

Payment of the Death Benefit. If you die before your annuity starting contract’s maturity date, the death benefit will be payable to your beneficiarythe beneficiaries. We must receive the following following, in a form acceptable to TIAA TIAA, before any death benefit will be paid: A) proof of your death; B) the choice of a method of payment as provided in section 5143; and C) proof of the beneficiary’s age if the method of payment chosen is the one-life annuity or the minimum distribution annuity. Payment under the single-sum payment method will be made effective as of the date we receive these items; payment under any other the one-life annuity method of payment will start be effective and begin no later than the first day of the month after we have received these items. Upon receipt of proof of your death, we may will divide your accumulation into as many portions as there are validly designated beneficiaries for your contract. If different rate schedules apply to different parts of your Traditional Annuity accumulation, the resulting portions will be allocated among the parts on a pro-rata basis in accordance with procedures established by TIAAbasis. Each validly designated beneficiary will then have the right to make elections available under your this contract in connection with his or her portion of the accumulation.