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Normal Forms of Benefit
What Is The Normal Form Of Benefit Under The Plan?
The normal form of benefit for married participants is a
qualified joint and survivor annuity. The normal form of benefit for participants
who are not married is a single life annuity. Alternatively, optional
forms of benefit may be elected, subject to spousal consent and other applicable
Plan procedures.
Note, however, that
if the value of your benefit is $5,000 or less, your benefit will be paid to
you in one lump sum.
Major Topics
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