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Annuity With 120 Monthly Payments Guaranteed
If
you wish, you may elect to receive a retirement payment which is payable for
your lifetime but guaranteed for 120 months. If you die before receiving the
120 payments, your designated beneficiary will receive the same monthly payment
as you had been receiving for the remainder of the 120 payments
If you elect this option, the retirement payment otherwise
payable is reduced because of the 120-month guarantee feature.
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