Common use of Withdrawal After Death of Annuitant Clause in Contracts

Withdrawal After Death of Annuitant. a) If Annuitant was Pension Plan Member: If You were a Pension Plan Member, and You die before the Locked-In Funds are used to purchase an Annuity, We will pay the value of this LIF, as determined in accordance with subsection 5(g): i) to Your Spouse, or transfer it to Your Spouse’s RRSP or RRIF in accordance with the Tax Act, if: A. Your Spouse survives You; B. Your Spouse was not living separate and apart from You on the date of Your death; and C. Your Spouse is otherwise not disentitled, (i.

Withdrawal After Death of Annuitant. a) If Annuitant was Pension Plan Member: If You were are a Pension Plan Member, and You die before the Locked-In Funds are used to purchase an Annuity, We will pay the value of this LIF, LIRA as determined in accordance with subsection 5(g4(g): i) to Your Spouse, Spouse or transfer it to Your Spouse’s RRSP or RRIF in accordance with the Tax Act, if: A. Your Spouse survives You; B. Your Spouse was not living separate and apart from You on the date of Your death; and C. Your Spouse is otherwise not disentitled, disentitled (i.

Withdrawal After Death of Annuitant. a) If Annuitant was Pension Plan Member: If You were are a Pension Plan Member, and You die before the Locked-In Funds are used to purchase an Annuity, We will pay the value of this LIF, LIRA as determined in accordance with subsection 5(g4(g): i) to Your Spouse, Spouse or transfer it to Your Spouse’s RRSP or RRIF in accordance with the Tax Act, if: A. Your Spouse survives You; B. Your Spouse was not living separate and apart from You on the date of Your death; and C. Your Spouse is otherwise not disentitled, disentitled (i.