Qualified Joint and 50% Survivor Annuity. The term “Qualified Joint and 50% Survivor Annuity” shall mean an annuity for the life of the Participant with a survivor annuity for the life of the spouse of the Participant to whom he is married at his Benefit Commencement Date, which is 50% of the amount of the annuity payable during the joint lives of the Participant and the Participant's spouse and which is the actuarial equivalent of a single life annuity for the life of the Participant.
Appears in 5 contracts
Samples: Motion Picture Industry, Trust Agreement, Motion Picture Industry
