Qualified Preretirement Survivor Annuity definition

Qualified Preretirement Survivor Annuity means a life annuity with installment refund payable to the surviving spouse of a Member who dies before his Annuity Starting Date. A former spouse will be treated as the surviving spouse to the extent provided under a qualified domestic relations order as described in Code Section 414(p).

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Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

Qualified Preretirement Survivor Annuity means an annuity payable for the life of a Participant’s surviving Spouse if the Participant dies prior to his Benefit Payment Date.

Examples of Qualified Preretirement Survivor Annuity in a sentence

The Qualified Preretirement Survivor Annuity shall be 100% of the Participant's Vested Account Balance in the Plan as of the date of the Participant's death.
If the Participant's Spouse is the Beneficiary, such benefit shall be offset by the Actuarial Value of the Qualified Pre-retirement Survivor Annuity.
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.
A waiver of a Qualified Joint and Survivor Annuity or a Qualified Preretirement Survivor Annuity.
Any amount that is transferred to this Plan from another qualified retirement plan which at the time of transfer was not subject to the Qualified Joint and Survivor Annuity and Qualified Pre-retirement Survivor Annuity requirements of Code Section 401(a)(11), or which is transferred to this Plan under subparagraph (b) above from a individual retirement account, will not at any time be subject to the spousal consent requirements as set forth in Article VIII.

More Definitions of Qualified Preretirement Survivor Annuity

Qualified Preretirement Survivor Annuity means the minimum death benefit, if any, described in Section 4.1(D) hereof that may be payable to the spouse of a Participant who dies prior to his Annuity Starting Date.

Qualified Preretirement Survivor Annuity means an immediate annuity for the life of the Participant’s Spouse, the payment under which is equal to 50%, or a greater percentage as elected in Article I, of the sum of the Participant’s

Qualified Preretirement Survivor Annuity means an annuity purchased with at least 50 percent of a Participant’s vested interest in his Account that is payable for the life of a Participant’s surviving spouse. The Employer shall specify that portion of a Participant’s vested interest in his Account that is to be used to purchase the “qualified preretirement survivor annuity” in Section 1.19 of the Adoption Agreement.

Qualified Preretirement Survivor Annuity means a survivor annuity for the life of the surviving spouse of the Participant equal to the death benefit provided in paragraph (d) of Article VII and that begins within a reasonable time following the death of the Participant.

Qualified Preretirement Survivor Annuity means an annuity purchased with at least 50 percent of a Participant's vested interest in his Account that is payable for the life of a Participant's surviving spouse. The Employer shall specify that portion of a Participant's vested interest in his Account that is to be used to purchase the "qualified preretirement survivor annuity" in Section 1.19 of the Adoption Agreement.

Qualified Preretirement Survivor Annuity means an annuity purchased with at least 50 percent of a Participant’s vested interest in his Account that is payable for the life of a Participant’s surviving Spouse. The Employer shall specify that portion of a Participant’s vested interest in his Account that is to be used to purchase the “qualified preretirement survivor annuity” in the Forms of Payment Addendum to the Adoption Agreement.

Qualified Preretirement Survivor Annuity means a nontransferable annuity payable for the life of the surviving Spouse, which is the amount of benefit which can be purchased with (1) Standard Option - 100% of the Participant's Vested Account Balance as of the Annuity Starting Date or 10.1 (g)(2) Alternative - such lesser percentage (not less than 50%) specified in the Adoption Agreement of such Participant's Vested Account Balance (determined by allocating the portion of such balance which is attributable to employee contributions proportionately to such annuity and to the remainder of such balance).