Common use of Survivor Annuity Percentage Clause in Contracts

Survivor Annuity Percentage. If a Joint and Survivor Annuity is payable, the normal survivor annuity is 50% of the amount payable during the joint lives of the Participant and spouse. This provision will apply UNLESS you select one of the following:

Appears in 5 contracts

Samples: Volume Submitter Adoption Agreement, Adoption Agreement (Eureka Financial Corp.), Adoption Agreement

AutoNDA by SimpleDocs

Survivor Annuity Percentage. If a Joint and Survivor Annuity is payable, Section 1.2.37 provides that the normal survivor annuity is 50% of the amount payable during the joint lives of the Participant participant and spouse. This provision will apply UNLESS you select one of , unless the following:Employer elects a different percentage (Select one):

Appears in 1 contract

Samples: Main Street Banks Inc /New/

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!