Proportional Annuity definition

Proportional Annuity means a retirement annuity paid in accordance with Section 20-121 of the Illinois Pension Code.
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Proportional Annuity means a retirement annuity paid in accordance
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Related to Proportional Annuity

  • life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;

  • Single Life Annuity means an annuity payable for the life of a Participant.

  • Joint Annuitant means the individual specified as such in the Data Pages. The Joint Annuitant must be the spouse of the Annuitant on the Contract Date.

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Actuarial equivalent means a benefit of equal value when