Normal Form definition

Normal Form means a monthly annuity which is one twelfth of the amount of the member’s accrued benefit which is payable for the member’s life. If the member dies before the sum of the payments he or she receives equals his or her accumulated contributions on the annuity starting date, the named beneficiary shall receive in one lump sum the difference between the accumulated contributions at the annuity starting date and the total of the retirement income payments made to the member.

Normal Form or "normal form benefit" means a monthly retirement benefit payable during the

Normal Form or "normal form benefit" means a monthly retirement benefit payable during the lifetime of the retired member.

Examples of Normal Form in a sentence

• As of the Maturity Date the Annuity Account Value will be applied to provide for the Normal Form of Annuity Benefit (described below).

• The ‘‘Normal Form’’ of Annuity Benefit is the Life-Period Certain Annuity Form described below, unless another form of annuity is determined to be the Normal Form of Annuity pursuant to the terms of the Plan, if applicable, and/or the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies.

• Normal Retirement Benefit: An annual benefit at Normal Retirement Date equal to 5% of an Independent Trustee's Annual Compensation multiplied by the Independent Trustee's whole Years of Service, up to a maximum of ten Years of Service, payable in the Normal Form of Benefit, as defined in ss.3(g).

• As of the Contract Maturity Date the Annuity Account Value will be applied to provide for the Normal Form of Annuity Benefit (described below).

• Except as otherwise provided in this ss.3, benefits payable under this ss.3 shall be payable in the form of a monthly annuity for the life of the Independent Trustee, and, if the Independent Trustee dies before he has received one hundred twenty (120) payments, monthly payments in the same amount shall be payable to his beneficiary until the number of payments to the Independent Trustee plus the number of payments to the beneficiary equal one hundred twenty (120) payments (the "Normal Form of Benefit").

More Definitions of Normal Form

Normal Form or "normal form benefit" means a monthly retirement benefit payable only for the

Normal Form means a single life annuity payable for the life of the Participant and ending with the last monthly payment made prior to the Participant’s death.

Normal Form means an unreduced life annuity with 50% spousal survivor annuity.

Normal Form of an Annuity Benefit under this Contract means (i) if the Annuitant has a living spouse at the Retirement Date, the Fixed Annuity Benefit payable on the Joint and Survivor Life Annuity Form with such spouse as the contingent annuitant (with 100% of the monthly payment amount continued to the spouse), and (ii) if the Annuitant does not have a living spouse at the Retirement Date, the Fixed Annuity Benefit payable on the Life Annuity Form.

Normal Form means radioactive material which has not been demonstrated to qualify as “special form”; also referred to as “nonspecial form”.

Normal Form means monthly payments to Executive for his life with the last payment made for the month during which Executive dies and with no death benefits payable to any person.

Normal Form means (i) if the Executive is married at the relevant time (determined under rules comparable to those applicable under the Pension Plan), a 50% joint and survivor annuity with the Executive’s then spouse as the survivor annuitant, but with a step-down in the amount of any periodic payments to reflect a delay in the application of the Pension Plan Offset, in any case where the last sentence of Section 1.3 applies; or (ii) if the Executive is not married at the relevant time (as so determined), a single life annuity, but with a step-down in the amount of any periodic payments to reflect a delay in the application of the Pension Plan offset, in any case where the last sentence of Section 1.3 applies.