Post-Retirement Survivor Benefit. If the Participant elects a joint and survivor annuity or a Guaranteed Payment Lifetime Annuity, he or she shall designate, in accordance with rules established by the Administrator, a Beneficiary to receive the Post-Retirement Survivor Benefit, if any, upon his or her death.
Appears in 2 contracts
Samples: Participation Agreement (First United Corp/Md/), Participation Agreement (First United Corp/Md/)
Post-Retirement Survivor Benefit. If the Participant elects a joint and survivor annuity or a Guaranteed Payment Lifetime Annuity, he or she shall designate, in accordance with rules established by the Administrator, a Beneficiary to receive the Post-Retirement Survivor Benefit, if any, upon his or her death.
Appears in 2 contracts
Samples: Participation Agreement (First United Corp/Md/), Participation Agreement (First United Corp/Md/)
Post-Retirement Survivor Benefit. If the Participant elects a joint and survivor annuity or a Guaranteed Period Level Payment Lifetime Life Annuity, he or she shall designate, in accordance with rules established by the Administrator, a Beneficiary to receive the Post-Retirement Survivor Benefit, if any, upon his or her death.
Appears in 1 contract