Common use of Proof of Survival Clause in Contracts

Proof of Survival. TIAA reserves the right to require satisfactory proof that anyone named to receive benefits under the terms of the contract is alive on the date any benefit payment is due. If this proof is not received after it has been requested in writing, TIAA will have the right to make reduced payments or to withhold payments entirely until such proof is received. If under a two-life annuity TIAA has overpaid benefits because of a death of which we were not notified, subsequent payments will be reduced or withheld until the amount of the overpayment, plus compound interest at the effective annual rate of 6% per year, has been recovered.

Appears in 10 contracts

Samples: Retirement Choice Plus Annuity Contract (Tiaa Separate Account Va-3), Retirement Choice Annuity Contract (Tiaa Separate Account Va-3), Retirement Choice Annuity Contract (Tiaa Separate Account Va-3)

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Proof of Survival. TIAA reserves the right to require satisfactory proof that anyone named to receive benefits under the terms of the contract is alive on the date any benefit payment is due. If this proof is not received after it has been requested in writing, TIAA will have the right to make reduced payments or to withhold payments entirely until such proof is received. If under a two-two- life annuity TIAA has overpaid benefits because of a death of which we were not notified, subsequent payments will be reduced or withheld until the amount of the overpayment, plus compound interest at the effective annual rate of 6% per year, has been recovered.

Appears in 2 contracts

Samples: Multiple Employer Plan Retirement Choice Annuity Contract (Tiaa Separate Account Va-3), Retirement Choice Annuity Contract (Tiaa Real Estate Account)

Proof of Survival. TIAA reserves the right to require satisfactory proof that anyone named to receive benefits under the terms of the your contract is alive on the date any benefit payment is due. If this proof is not received after it has been requested in writing, TIAA will have the right to make reduced payments or to withhold payments entirely until such proof is received. If under a two-life annuity TIAA has overpaid benefits because of a death of which we were not notified, subsequent payments will be reduced or withheld until the amount of the overpayment, plus compound interest at the effective annual rate of 6% per year%, has been recovered.

Appears in 2 contracts

Samples: Supplemental Retirement Annuity Contract (TIAA Separate Account VA-3), Retirement Annuity Contract (TIAA Separate Account VA-3)

Proof of Survival. TIAA reserves the right to require satisfactory proof that anyone named to receive benefits under the terms of the contract your certificate is alive on the date any benefit payment is due. If this proof is not received after it has been requested in writing, TIAA will have the right to make reduced payments or to withhold payments entirely until such proof is received. If under a two-life annuity TIAA has overpaid benefits because of a death of which we were not notified, subsequent payments will be reduced or withheld until the amount of the overpayment, plus compound interest at the effective annual rate of 6% per year, has been recovered.

Appears in 1 contract

Samples: Retirement Contract (Tiaa Real Estate Account)

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Proof of Survival. TIAA reserves the right to require satisfactory proof that anyone named to receive benefits under the terms of the this contract is alive on the date any benefit payment is due. If this proof is not received after it has been requested in writing, TIAA will have the right to make reduced payments or to withhold payments entirely until such proof is received. If under a two-life annuity TIAA has overpaid benefits because of a death of which we were not notified, subsequent payments will be reduced or withheld until the amount of the overpayment, plus compound interest at the effective annual rate of 6% per year, overpayment has been recovered.

Appears in 1 contract

Samples: Tiaa Non Qualified Deferred Annuity Contract (Tiaa Real Estate Account)

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