Qualified Preretirement Survivor Annuity. Unless an optional form of benefit has been selected within the election period pursuant to a qualified election, if a Participant dies before the annuity starting date then the Participant's Vested account balance shall be applied toward the purchase of an annuity for the life of the surviving spouse. The surviving spouse may elect to have such annuity distributed within a reasonable period after the Participant's death.
Qualified Preretirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period pursuant to a Qualified Election, the Vested Account Balance of a Participant who dies before the Annuity Starting Date shall be applied toward the purchase of an annuity for the life of his surviving spouse (a "Qualified Preretirement Survivor Annuity"). The surviving spouse may elect to have such an annuity distributed within a reasonable period after the Participant's death. For purposes of this Article 10, the term "spouse" means the current spouse or surviving spouse of a Participant, except that a former spouse will be treated as the spouse or surviving spouse (and a current spouse will not be treated as the spouse or surviving spouse) to the extent provided under a qualified domestic relations order as described in Section 414(p) of the Code.
Qualified Preretirement Survivor Annuity coverage will be automatically reinstated as of the first day of the Plan Year in which the Participant attains age 35. Any new waiver on or after such date shall be subject to the full requirements of Article IX.
Qualified Preretirement Survivor Annuity. [See Section 10.1(g).]
Qualified Preretirement Survivor Annuity. A survivor annuity for the life of the Surviving Spouse of the Participant the actuarial equivalent of the Participant’s vested Account Balance.
Qualified Preretirement Survivor Annuity. (1) Upon the death of a married Participant before the Participant’s Annuity Starting Date, such deceased Participant’s surviving Qualified Spouse will become entitled to receive a death benefit in the form of a Qualified Preretirement Survivor Annuity based upon the Participant’s Vested Benefit (if any), unless the surviving Qualified Spouse elects an alternative death benefit under the remaining provisions of this Section.
(2) If the Participant dies after attaining the Earliest Retirement Age, the surviving Qualified Spouse may elect to have payments under any Qualified Preretirement Survivor Annuity to which she may be entitled commence within a reasonable time after the Participant’s death. Payments which begin later than the date on which payments to the surviving Qualified Spouse would otherwise have commenced under the terms of this subparagraph shall be actuarially adjusted to reflect delayed commencement of payments in accordance with the provisions of Section 1.02.
(3) If the Participant dies before attaining the Earliest Retirement Age, the surviving Qualified Spouse will begin to receive any Qualified Preretirement Survivor Annuity payments to which she may be entitled at the Participant’s Earliest Retirement Age, subject to her application for the same. Benefit payments beginning after the Participant’s Earliest Retirement Age will be actuarially adjusted to reflect delayed commencement of payments in accordance with the provisions of Section 1.02.
(4) Notwithstanding anything in the Plan to the contrary, the Qualified Preretirement Survivor Annuity benefit provided by this paragraph (a) shall be forfeited if the Qualified Spouse dies before the Participant’s Earliest Retirement Age. Similarly, if the Qualified Spouse survives past the Participant’s Earliest Retirement Age, the Qualified Preretirement Survivor Annuity benefit shall be forfeited if the Qualified Spouse dies before payment commences.
Qualified Preretirement Survivor Annuity. The Plan Administrator shall provide to each Participant within the "applicable period" for such Participant a written explanation of the Qualified Preretirement Survivor Annuity which includes the type of information described in section 10.4(a). The "applicable period" for a Participant is 10.4(b)(1) the period beginning on the first day of the Plan Year in which such Participant attains age 32 and ending with the close of the Plan Year preceding the Plan Year in which the Participant attains age 35,
Qualified Preretirement Survivor Annuity. Do not complete this section if paragraph (J)(1)
Qualified Preretirement Survivor Annuity. If this Plan is adopted as a money purchase pension plan, unless an optional form of distribution has been selected within the Election Period pursuant to a Qualified Election, if a Participant's Service terminates because of death before distributions have commenced, then the Trustee shall, upon the direction of the Administrator, apply 50% of the Participant's vested Account balance toward the purchase of an annuity contract for the life of the Spouse.
Qualified Preretirement Survivor Annuity. Unless an optional form of benefit has been selected within the Election Period pursuant to a Qualified Election, if a Participant dies before the Annuity Starting Date then the Participant's Vested Account Balance shall be applied toward the purchase of an annuity for the life of the Surviving Spouse. The Surviving Spouse may elect to have such annuity distributed within a reasonable period after the Participant's death.
