annuitant

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annuitant

a person who receives an ANNUITY.
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The transaction will not change the amount of the monthly benefit for any annuitant. Metropolitan Life will be responsible for making these monthly payments following the close of the transaction.
Because of the radical differences in potential payouts at the death of the owner or annuitant, it is critical to understand whether a contract is owner-driven or annuitant-driven when structuring the setup of owners, annuitants, and beneficiaries.
In expression (4) the number of initial annuitants cancels out.
If an annuitant dies before his or her deferred annuity matures or is annuitized, is the amount payable at the annuitant's death subject to income tax?
Our sample includes annuitants from 49,123 unique postcodes and 8,941 unique wards, out of a possible 1.24 million postcodes and 9,527 wards in England and Wales.
First of all as the annuitant had not died but had benefited from mortality gain then surely that should be clawed back.
Managers seeking to employ a REA/WAE can request a list of annuitants through their Bureau REA/WAE coordinator or from HRSC@state.gov or by calling 866-300-7419.
Because GABC did not start paying out benefits to annuitants until mid-2013, it is far too soon to tell whether the assets will be sufficient to cover the reduced obligations, or whether a sweet deal has been made by the guaranty associations at the expense of those annuitants with slashed benefits.
She explains that a buyout covers all asset and liability risk associated with the annuitants for whom the buyout transaction is made.
Rockville, MD, August 02, 2014 --(PR.com)-- Secure Horizon Settlements, LLC (SHS), a forward-looking and trustworthy financial services company, recently upgraded their funding process to better accommodate annuitants looking to convert their settlement payment into an immediate lump sum of cash.
Payments include GBP547.6m of payments to individual investors; GBP74.6m to With-Profits Annuitants (WPAs) or their estates, with subsequent payments totaling GBP193m to annuitants and payments totaling GBP161m have been issued to those policyholders who purchased their policy through their company pension scheme.
The State Universities Annuitants Association said that its deal with the Illinois Attorney General's office would give more time to higher education employees who had been considering retiring before the new state pension law begins in June to avoid cuts.